This person will join a cohesive team whose environment thrives on collaboration across geographies and departments within the broader Quote-to-Cash team of a publicly-traded software company with $5.0B+ in annual revenues. Responsibilities include:
Reviewing software license, hardware, and services contracts and determining the most appropriate revenue accounting per relevant authoritative literature (e.g. ASC 606, ASC 842) and internal revenue recognition policies
Preparing contract memos highlighting key arrangement components and the five steps required for revenue recognition under ASC 606
Preparing analytical reports pertaining to revenue-related accounts on a recurring and ad hoc basis
Participating in quarterly reviews and annual audits conducted by internal and external auditors, including SOX 404 requirements
Performing quarter-end close activities, including posting journal entries, performing account reconciliations, and executing daily revenue transactions to ensure revenue is properly captured in the financial system
Contributing to or driving special projects as needed
Position Requirements:
4-6 years of industry and/or public accounting (Big 4) experience
High degree of ethics; meticulous attention to detail
Strong knowledge of ASC 606 and related guidance
BS in Accounting, Finance, or related field
Proficiency with Microsoft Excel
Excellent written and verbal communication skills
Strong analytical and critical thinking skills; ability to gather and evaluate information and formulate conclusions
Ability to work and communicate effectively with cross functional team
Ability to work on own initiative
Desirable Qualifications:
Certified Public Accountant
Experience with SAP
Strong knowledge of ASC 842
Ability and desire to use AI and other tools to improve processes
The annual salary range for California is $108,500 to $201,500. 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
- 4-6 years of industry and/or public accounting (Big 4) experience
- High degree of ethics; meticulous attention to detail
- Strong knowledge of ASC 606 and related guidance
- BS in Accounting, Finance, or related field
- Proficiency with Microsoft Excel
- Excellent written and verbal communication skills
- Strong analytical and critical thinking skills; ability to gather and evaluate information and formulate conclusions
- Ability to work and communicate effectively with cross functional team
- Ability to work on own initiative
- Certified Public Accountant
- Experience with SAP
- Strong knowledge of ASC 842
- Ability and desire to use AI and other tools to improve processes
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.
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