This role resides in Cadence’s Revenue Accounting team. It focuses on M&A activities and automation projects that impact revenue accounting; and the initiatives that impact the broader QtC business cycle.
Job Responsibilities:
- Drive automation and transformation projects with IT. Partner with various stakeholders in the project journey from PoC, design, to testing, go-Live.
- Represent Revenue Accounting, work collaboratively across various stakeholders to gauge useful information, test hypotheses, solve business problems.
- Act in both SME and PM capacity in the assigned projects.
- With M&A, Manage the revenue on-boarding and quarterly activities, including opening balance sheet, acquired backlog, unbilled, accounts receivable, etc.
- Perform revenue accounting assessment on the acquiree
- Provide on-going training to the acquiree on Cadence internal policies and procedures, develop actionable steps to perform timely close and reporting.
- Participate in the M&A integration meetings, advise the best practice, watch out for impacts on RA and the broader QtC teams.
- Prepare knowledge-sharing materials about the acquiree to the RA team or others to facilitate a successful full integration into the Cadence QtC process.
Qualifications:
We are looking for a candidate with a strong foundation in ASC606 revenue accounting with public technology company experience. Somone with a well-rounded experience in technical revenue, revenue operations and systems. Big 4 experience is highly desired. You are proficient in Microsoft Office tools, and have worked with enterprise CRM, CPQ, ERP, Reporting systems. We are looking for candidates with a minimum of 8 years experience. Will consider less years experience if your past experience exhibit a high potential in fulfilling this job.
Cadence emphasizes on a positive and collaborative team work mentality. These fundamental soft skills are important in succeeding in this role:
- Critical thinking, detailed, organized.
- Sound business judgement, big picture thinking, good understanding of end-to-end process.
- Ability to influence, clear communication, proactive.
The annual salary range for California is $126,000 to $234,000. 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.Skills Required
- Strong foundation in ASC 606 revenue accounting
- Experience at a public technology company
- Well-rounded experience in technical revenue, revenue operations and systems
- Big Four accounting experience
- Proficient in Microsoft Office tools
- Experience with enterprise CRM, CPQ, ERP and reporting systems
- Minimum of 8 years of relevant experience (may consider less for high potential)
- Experience managing revenue onboarding and quarterly M&A revenue activities
- Ability to act as subject matter expert and project manager on automation/transformation projects
- Strong soft skills: critical thinking, organization, business judgment, clear communication, ability to influence
Cadence Design Systems Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Cadence Design Systems and has not been reviewed or approved by Cadence Design Systems.
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Equity Value & Accessibility — A discounted ESPP with a lookback feature and equity included in total compensation make ownership broadly accessible and potentially meaningful. Structured compensation at an industry leader adds predictability to equity participation.
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Healthcare Strength — Medical, dental, and vision coverage are described as solid, with mental‑health/EAP and fertility support enhancing the offering. The breadth across core care and family‑building needs strengthens the healthcare package.
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Leave & Time Off Breadth — Global Recharge Days, volunteer time off, and companywide breaks indicate a comprehensive time‑off framework. In addition, many salaried roles are described as having flexible or generous PTO policies.
Cadence Design Systems Insights
What We Do
Cadence enables electronic systems and semiconductor companies to create the innovative end products that are transforming the way people live, work and play. Cadence® software, hardware and IP are used by customers to deliver products to market faster. The company's Intelligent System Design strategy helps customers develop differentiated products—from chips to boards to intelligent systems—in mobile, consumer, cloud, data center, automotive, aerospace, IoT, industrial and other market segments. Cadence is listed as one of Fortune Magazine's 100 Best Companies to Work For.
