Sr. Interface IC, IP Sales Executive II
Cadence Open At a glance
Senior Account Executive role at Cadence. San Jose · full-time · $248,000–$372,000 base.
growthroles summary, based on the employer's posting.
What you'll do
- Build and advance Design IP sales pipelines across major accounts in multiple North American regions
- Coordinate application engineering, marketing, legal, finance, executives, and EDA sales teams around regional targets
- Create and qualify new opportunities, manage accounts, and negotiate customer contracts with business and legal teams
- Position Memory Interface, Protocol, and Connectivity IP for executives, architects, marketers, and engineers
- Execute strategic sales plans, report account progress, and provide market input for product roadmaps
What you bring
- At least five years licensing semiconductor IP technology, with sales experience spanning startups through large enterprises
- A BSEE or equivalent degree, with an MBA noted as an advantage
- Strong knowledge of technology and Design IP, including Memory Interface, Protocol, and Connectivity IP
- A record of closing complex strategic deals, including license transactions above one million dollars
Who this fits
This role suits a hands-on, self-starting senior seller who can use creativity and strategic selling to move complex technology deals forward. You’ll need to manage cross-functional teams, pursue quarterly and annual revenue goals, and work across multiple North American regions. The stated California salary range is $248,000 to $372,000, with possible incentive compensation, equity, and benefits.
From the employer
At Cadence, we hire and develop leaders and innovators who want to make an impact on the world of technology.
You will be responsible for building, developing and driving a sales pipeline for our Design IP technology in key accounts across multiple NorAm regions.
Responsibilities include developing and managing a sales pipeline while driving market penetration, adoption and revenue. You will work closely with and manage multi-functional teams including Application Engineers, Business Unit Marketing, Legal, Finance, Cadence executives and the Cadence EDA software sales team to achieve sales targets in the region.
You will possess a proven track record of selling semiconductor Intellectual Property (IP) technology to organizations spanning small startups to large enterprises. You should have a solid understanding of Memory Interface, Protocol, and Connectivity IP, and how to position 3rd party IP in a highly competitive landscape. You should also have strong strategic selling experience and success delivering large ($1M+) license deals.
Role Requirements:
- Hands on, self-starter who can demonstrate intuitiveness and creativity to drive complex strategic deals
- Ability to generate, develop, qualify, and drive new business opportunities in the region, including:
- Pipeline development
- Opportunity management
- Manage contract negotiations (business and legal) with customers and Cadence functional teams
- Meet/Exceed quarterly and annual revenue targets
- Ability to articulate value propositions of Design IP products to executive management, marketing, architects, engineering teams within a customer’s organization.
- Manage technical and marketing teams to develop and execute strategies for proliferation of the technology in the region
- Provide market and account feedback to the Design IP Business Unit to drive product roadmaps and strategies.
- Track activities and provide reports to management, BU and executive personnel on account strategies activities and progress
- Develop and execute against strategic sales plans
Required Qualifications:
- Minimum 5 years in licensing of Semiconductor IP technology
- BSEE or equivalent (MBA a plus)
- Strong background in technology
- Experience working with small start-ups to large enterprise accounts driving complex, differentiated technology
- Passion to develop and apply strategic selling skills
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.
We’re doing work that matters. Help us solve what others can’t.
Account Executive work from LinkedIn, X, Reddit and Upwork, in one list.
Each morning you get everything that fits, strongest first.
Account Executive$240k+
Find me workBy the team behind growthroles.