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$144k–$268k/yr
Full-time
bachelor degree
Paid vacation, Paid holidays, 401(k) plan with employer match, Employee stock purchase plan, Medical plan options, Dental plan options
Posted 10d ago
~40 hrs/week
Responsibilities
The Senior Finance Manager acts as a strategic business partner to the North America sales organization, providing financial input on deal structures to maximize value. They are responsible for managing revenue recognition, contract terms, and financial analysis while collaborating with cross-functional teams to ensure compliance and strategic alignment.
Requirements
Candidates should have at least 12 years of experience in finance, accounting, or auditing, with a strong understanding of software revenue recognition and accounting standards. Excellent communication, problem-solving, and interpersonal skills are required to influence stakeholders and navigate a high-growth, dynamic environment.
Full job description
At Cadence, we hire and develop leaders and innovators who want to make an impact on the world of technology.
Deal Desk Senior Finance Manager
Introduction
Cadence Design Systems is looking for a Deal Desk Finance business partner to the North America sales organization. You will act as a trusted advisor to the sales teams and provide finance input on deal structures & terms that maximize value to Cadence, and benefit external customers and internal cross-functional teams. The person in this role will join a cohesive team that operates in a dynamic, high growth environment for this publicly traded software and solutions company that has over $5B in annual revenue. The person in this role will work closely with the quote-to-cash group, including the Sales, Revenue Accounting, Order Management, Credit, Sales Ops, and Legal teams.
Job Description: North America Sales Finance Senior Manager, San Jose, CA
Finance partner to Sales. This person works with the sales team to structure and execute customer deals that achieve the Company’s financial objectives.
This person identifies potential revenue recognition, booking, and fulfillment issues associated with nonstandard features in customer deals. This person maintains deep engagement with stakeholders across many teams to resolve such issues.
This person works with Business Unit owners on discounts and pricing.
This person serves as an expert on quoting systems.
This person drafts contract terms for nonstandard deal features.
Focus areas include deal quality, compliance with the Company’s policies and procedures, and contract terms and conditions.
Finance Project Manager. This person works on financial analysis, and provides finance advice on business model changes and acquisition integration. This person assists with post-acquisition integration involving the quote-to-cash group and acts as an advisor on behalf of the Deal Desk team to ensure a smooth transition and that deals align with the company’s strategic goals and objectives.
Job Requirements
Ability to thrive in a high growth, dynamic environment
High business acumen
Strong problem-solving skills
Strong written and verbal communication skills, including ability to listen to and understand the needs of sales, finance, and operations. Ability to communicate with members of several groups within the quote to cash team. Ability to communicate the rationale for decisions across all levels of the organization. Ability to influence business partners, even when holding contrary positions.
Ability to maintain attention to detail such as contract terms and conditions, revenue recognition rules, and booking & fulfillment systems requirements.
Knowledge of software, IP, hardware, and services revenue recognition rules and other accounting standards, and the impact of accounting rules to deal structures and terms.
Desired Qualifications & Experience
15+ Years in Finance Department/Accounting/Auditing or related discipline
Education: Finance or Accounting related degree preferred
Strong interpersonal, verbal and written communication skills, with the ability to lead and influence internal stakeholders
Self-motivated and innovative
Ability to understand the needs of sales and finance groups, problem-solve to find quality solutions, and escalate as needed
Knowledge of software, IP, and hardware accounting rules is a plus
Understanding of ASC606 software revenue recognition is a plus
Prior experience with Salesforce, CPQ tools knowledge is a plus
The annual salary range for California is $144,200 to $267,800. You may also be eligible to receive incentive compensation: bonus, equity, and benefits. Sales positions generally offer a competitive On Target Earnings (OTE) incentive compensation structure. Please note that the salary range is a guideline and compensation may vary based on factors such as qualifications, skill level, competencies and work location. Our benefits programs include: paid vacation and paid holidays, 401(k) plan with employer match, employee stock purchase plan, a variety of medical, dental and vision plan options, and more.
We’re doing work that matters. Help us solve what others can’t.
Cadence is a market leader in AI and digital twins, pioneering the application of computational software to accelerate innovation in the engineering design of silicon to systems. Our design solutions, based on Cadence’s Intelligent System Design™ strategy, are essential for the world’s leading semiconductor and systems companies to build their next-generation products from chips to full electromechanical systems that serve a wide range of markets, including hyperscale computing, mobile communications, automotive, aerospace, industrial, life sciences and robotics. In 2024, Cadence was recognized by the Wall Street Journal as one of the world’s top 100 best-managed companies. Cadence solutions offer limitless opportunities—learn more at www.cadence.com.
Offices: 2655 Seely Avenue, San Jose, California 95134, US
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