Cadence Design Systems Logo

Cadence Design Systems

Sr Principal Inside Sales Representative

Reposted 17 Days Ago
Be an Early Applicant
In-Office or Remote
Hiring Remotely in Home Place Well, NM, USA
150K-200K Annually
Senior level
In-Office or Remote
Hiring Remotely in Home Place Well, NM, USA
150K-200K Annually
Senior level
Drive revenue growth across strategic accounts by identifying and advancing complex enterprise opportunities, building executive relationships, leading account and territory planning, maintaining forecast accuracy, and collaborating with field sales, technical teams, and leadership to align solutions and achieve quota, cross-sell, and retention targets.
The summary above was generated by AI
At Cadence, we hire and develop leaders and innovators who want to make an impact on the world of technology.Senior Principal Inside Sales Representative – Job Summary

The Senior Principal Inside Sales Representative is a senior individual contributor responsible for driving significant revenue growth, managing complex strategic opportunities, and serving as a trusted advisor to customers, field sales teams, and internal stakeholders. This role leads high-impact sales initiatives, develops account penetration strategies, and influences business outcomes through deep industry knowledge, strong customer relationships, and disciplined opportunity execution.

The Senior Principal ISR is expected to identify and accelerate large-scale opportunities, and help with target account strategies. This individual partners closely with Account Executives, Technical Specialists, Business Development, Marketing, and Sales Leadership to maximize pipeline generation, forecast accuracy, and revenue attainment. This position is a newer role within the Systems Products Inside Sales Team at Cadence.  You will be responsible for engaging with prospects and customers across multiple Cadence products including PCB design, computational fluid dynamics (CFD), RF/Microwave, Signal and Power Integrity, and other CAE workflows.

Key Responsibilities
  • Drive revenue growth across assigned strategic accounts and territories.
  • Develop and execute comprehensive account and opportunity plans.
  • Identify, qualify, and advance complex sales opportunities through the entire sales cycle.
  • Build executive-level relationships with customers and key stakeholders.
  • Lead territory planning, whitespace analysis, and pipeline development initiatives.
  • Maintain forecast accuracy and provide clear visibility into business risks and opportunities.
  • Collaborate with field sales, technical teams, and business units to align customer solutions with business objectives.
  • Champion SFDC discipline, sales process adoption, and best practices.
  • Act as a subject matter expert for products, solutions, competitive positioning, and target markets.
Success Metrics
  • Quota attainment and revenue growth
  • Pipeline creation and conversion rates
  • Forecast accuracy
  • Strategic account penetration
  • Cross-sell and upsell performance
  • Customer retention and expansion
Ideal Candidate Profile
  • Proven track record of consistently exceeding sales targets.
  • Strong experience managing large, complex enterprise opportunities.
  • Exceptional account planning and sales execution skills.
  • Ability to influence without authority across multiple teams.
  • Strong presentation, negotiation, and executive communication skills.
  • Demonstrated leadership and mentoring capabilities.
  • Data-driven approach to forecasting, pipeline management, and business planning.

Qualifications

  • Bachelor's degree in Business, Engineering, Marketing, or a related field, or equivalent sales experience.
  • 4+ years of successful B2B sales, inside sales, account management, or business development experience.
  • Demonstrated track record of consistently achieving and exceeding revenue targets.
  • Experience managing large, complex enterprise opportunities and multi-stakeholder sales cycles.
  • Exceptional account planning, opportunity management, forecasting, and pipeline development skills.
  • Strong executive presence with excellent presentation, consultative selling negotiation, and communication abilities.
  • Proven ability to influence cross-functional teams and drive business outcomes without direct authority.
  • Proficiency with SFDC systems, Microsoft Outlook, Copilot, forecasting tools, and sales analytics.
  • Experience selling SaaS, EDA, semiconductor, or engineering software solutions.
  • Industry experience preferred relating to: Cadence, OrCAD, Virtuoso, Ansys, Altium, Siemens Mentor Graphics, Solidworks, PTC OnShape
  • Ability to operate independently in a fast-paced, results-oriented environment while maintaining a high level of professionalism and accountability.

The annual salary range for California is $150,000 to $200,000. 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.

Similar Jobs

An Hour Ago
Remote or Hybrid
USA
140K-195K Annually
Expert/Leader
140K-195K Annually
Expert/Leader
Cloud • Computer Vision • Information Technology • Sales • Security • Cybersecurity
Leads complex cybersecurity advisory engagements, assessing and maturing security and incident response programs. Advises executive clients, develops response exercises, delivers reports and recommendations, provides cybersecurity thought leadership, manages internal teams and programs, supports business development and staffing, and identifies emerging cyber trends. Requires extensive cybersecurity, risk, policy, consulting, or security operations experience, strong communication and project management skills, AI technology experience, and up to 30% travel.
Top Skills: Ai TechnologiesComputer Security Incident Response Teams (Csirts)CybersecurityIncident ResponseSecurity Operations Centers (Socs)
2 Hours Ago
Remote or Hybrid
Pennsylvania, USA
Senior level
Senior level
Digital Media • Information Technology • News + Entertainment
Supports enterprise decision-making through advanced analytics, reporting, data quality validation, exploratory analysis, hypothesis testing, predictive modeling, and campaign performance assessment. Collaborates with business and technology stakeholders to define data requirements, build analytical solutions, combine datasets, enforce governance standards, and deliver actionable insights. Requires independent judgment, effective communication, and the ability to manage multiple priorities and variable schedules.
Top Skills: DatabricksSQL
2 Hours Ago
Remote or Hybrid
Pennsylvania, USA
15-23 Hourly
Entry level
15-23 Hourly
Entry level
Digital Media • Information Technology • News + Entertainment
Remote inbound sales role selling Comcast products and services by meeting sales targets using consultative techniques. Work-from-home position requiring flexible shifts, strong customer rapport, active listening, problem-solving, system navigation, punctual attendance, and collaboration within a sales team. Compensation is $15/hour plus uncapped commission and performance-based earnings; nights, weekends, and variable schedules required.

What you need to know about the Chicago Tech Scene

With vibrant neighborhoods, great food and more affordable housing than either coast, Chicago might be the most liveable major tech hub. It is the birthplace of modern commodities and futures trading, a national hub for logistics and commerce, and home to the American Medical Association and the American Bar Association. This diverse blend of industry influences has helped Chicago emerge as a major player in verticals like fintech, biotechnology, legal tech, e-commerce and logistics technology. It’s also a major hiring center for tech companies on both coasts.

Key Facts About Chicago Tech

  • Number of Tech Workers: 245,800; 5.2% of overall workforce (2024 CompTIA survey)
  • Major Tech Employers: McDonald’s, John Deere, Boeing, Morningstar
  • Key Industries: Artificial intelligence, biotechnology, fintech, software, logistics technology
  • Funding Landscape: $2.5 billion in venture capital funding in 2024 (Pitchbook)
  • Notable Investors: Pritzker Group Venture Capital, Arch Venture Partners, MATH Venture Partners, Jump Capital, Hyde Park Venture Partners
  • Research Centers and Universities: Northwestern University, University of Chicago, University of Illinois Urbana-Champaign, Illinois Institute of Technology, Argonne National Laboratory, Fermi National Accelerator Laboratory

Sign up now Access later

Create Free Account

Please log in or sign up to report this job.

Create Free Account