Cadence Design Systems

Sr Account Executive II

Cadence Design Systems$248K — $372K *
Enterprise Technology
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • 10+ years of enterprise technology sales experience
  • Proven success in managing strategic accounts with multi-million-dollar sales targets
  • Expertise in selling complex software, hardware, IP, or engineering solutions
  • Strong executive presence and consultative selling skills
  • Ability to lead complex, multi-stakeholder sales cycles
  • Experience in matrixed organizations and leading cross-functional teams

Responsibilities

  • Own a portfolio of Bay Area accounts to achieve revenue targets
  • Develop and execute multi-year account strategies for growth
  • Establish relationships with C-level executives and technical leaders
  • Identify and close new business opportunities in the Cadence portfolio
  • Drive account expansion through cross-selling initiatives
  • Lead strategic pursuits involving complex negotiations
  • Serve as the voice of the customer to influence go-to-market strategies

Benefits

  • Paid vacation and holidays
  • 401(k) plan with employer match
  • Employee stock purchase plan
  • Variety of medical, dental, and vision plan options
  • Performance-based incentive compensation opportunities
Full Job Description
Cadence is seeking a Senior Account Executive to drive growth across a portfolio of strategic Bay Area technology accounts. This role is responsible for developing executive relationships, identifying new business opportunities, expanding existing engagements, and leading complex sales cycles across the full Cadence portfolio including Software, Hardware, IP, Verification, Digital Implementation, System Design, Multiphysics, and AI-driven solutions.

The ideal candidate combines deep consultative selling skills with a strong understanding of semiconductor, systems, AI infrastructure, and advanced technology markets. They will act as a trusted advisor to executive and engineering leadership while coordinating a cross-functional team of Application Engineers, Account Technical Managers, Business Development, Product Management, and Executive Leadership.

Key Responsibilities

Strategic Account Leadership
  • Own a portfolio of named Bay Area accounts and achieve/exceed annual bookings and revenue objectives.
  • Develop and execute multi-year account strategies focused on revenue growth, competitive displacement, and executive engagement.
  • Establish trusted relationships with C-level executives, engineering leaders, and technical decision makers.
  • Build and maintain accurate account plans, forecasts, and opportunity pipelines.

Business Growth
  • Identify, qualify, and close new business opportunities across the full Cadence portfolio.
  • Drive expansion within existing accounts through cross-selling and solution-based selling.
  • Develop executive-level value propositions aligned to customer business objectives.
  • Lead strategic pursuits involving complex negotiations and multi-product engagements.

Solution Selling
  • Position the breadth of Cadence solutions to address customer challenges across silicon, systems, AI infrastructure, and product development workflows.
  • Collaborate with technical teams to articulate differentiated business and technical value.
  • Coordinate executive sponsorships, workshops, proof-of-concepts, evaluations, and customer engagement plans.

Cross-Functional Leadership
  • Lead virtual account teams including Applications Engineering, Technical Management, Product Specialists, Services, and Executive Stakeholders.
  • Drive alignment across internal stakeholders to ensure customer success and long-term account growth.
  • Serve as the voice of the customer within Cadence and influence go-to-market strategies.

Industry & Market Engagement
  • Maintain a strong understanding of semiconductor, systems, cloud, AI/ML, and emerging technology trends.
  • Monitor competitive activity and develop account-specific win strategies.
  • Represent Cadence at customer events, industry conferences, and executive briefings.

Qualifications

Required
  • 10+ years of enterprise technology sales experience.
  • Proven success managing strategic accounts and delivering against multi-million-dollar sales targets.
  • Experience selling complex software, hardware, IP, or engineering solutions.
  • Strong executive presence and consultative selling skills.
  • Demonstrated ability to lead complex, multi-stakeholder sales cycles.
  • Experience working within matrixed organizations and leading cross-functional teams.

Preferred
  • Semiconductor, EDA, systems design, AI infrastructure, or cloud technology experience.
  • Experience selling into AI, hyperscale, semiconductor, networking, or advanced technology companies.
  • Proficiency with Salesforce.com, Tableau, and other sales productivity tools for pipeline management, forecasting, analytics, and executive reporting.
  • Bachelor's degree in Engineering, Computer Science, Business, or related discipline.


Additional Job Description

The annual salary range for California is $248,000 to $372,000. 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.

About Cadence Design Systems

Cadence Design Systems, Inc. is an American multinational electronic design automation software and engineering services company, founded in 1988 by the merger of SDA Systems and ECAD, Inc. The company produces software, hardware and silicon structures for designing integrated circuits, systems on chips (SoCs) and printed circuit boards.
Learn more about Cadence Design Systems
Size
9,300 employees
Market Cap
$43.9 billion
Industry
Net Income
$590.6 million
Founded
2018
5 Year Trend
+10.5%
Revenue
$2.6 billion
NASDAQ

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