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Need a bit more info - usually the job description they give illustrate a lot more about what they are looking for than the title. A Sr PM at a startup may hold outsize responsibilities compared to a Sr PM at a super well established company. That’s also not a consistent rule depending on size of said super well established company.
Are they asking you to lead overall company product vision as principal PM? Or just for a single product? What are you comfortable with or have experience doing from your own role as Sr PM?
Thanks for the reply SPM1. This specific job desc does not say about managing other PMs but other Principle PM position at this firm does say managing Senior PMs. Also this position reports to Head of PM. Job desc has stuff around developing strategy/vision but not for how many products.
I have been a PM for the last 3 yrs and I am comfortable on the strategy and execution part of product development.