Revenue Controller

Itron • Raleigh, WA

31d • $96,000 - $184,000 • Hybrid

About The Position

Itron is innovating new ways for utilities and cities to manage energy and water. We create a more resourceful world to protect essential resources for today and tomorrow. Join us. If you are a Revenue Controller interested in a leadership role for a global company with complex multiple performance obligation arrangements such as hardware, software, professional services, SaaS, managed services, extended warranties, and maintenance, Itron, Inc. has an outstanding opportunity. We are a U.S. global public company with an exciting future and multiple locations to choose from such as Liberty Lake, WA, or Raleigh, NC. We offer a chance to join an energetic and creative management team who has a passion for their work and a vision for the future. This position is an integral part of the Revenue and Cost of Sales Accounting Team within Itron, Inc. with primary responsibility for complex revenue recognition accounting in the area of complex multiple performance obligation arrangements within the technology industry. This individual will lead a team responsible for managing complex revenue recognition contracts and Excel-based ASC 606 revenue recognition models, but also includes but is not limited to the following: Ability to read and understand customer contracts to understand terms and conditions impacting revenue recognition Developing and maintaining ASC 606 revenue recognition models Ensuring successful completion of the revenue monthly and quarterly close cycle Managing SOX compliance of revenue recognition internal controls Maintaining accurate forecasts of revenue recognition adjustments Support for internal and external audits Collaboration with Deal Desk functions Build effective working relations with non-Finance functions such as Sales, Legal and Operations Apply technical accounting requirements for revenue recognition to company-specific situations Ownership of project accounting function for professional services within Oracle Projects Support deal desk in review of customer contracts, amendments, SOWs to ensure GAAP and Company revenue recognition policies are being appropriately applied and documented Identify and articulate complex revenue accounting issues clearly and concisely and prepare revenue recognition positions for internal workpapers as well as internal and external auditor review Ability to effectively lead and mentor revenue team members across multiple locations

Requirements

• 7+ years of accounting experience, specifically in revenue recognition involving complex multiple performance obligation arrangements
• Demonstrated hands-on experience applying ASC 606 revenue recognition guidance
• Experience developing and maintaining revenue recognition models in Excel
• Experience managing the monthly and quarterly revenue close process
• Experience supporting internal and external audits
• Experience with SOX controls related to revenue recognition
• Experience leading and managing a revenue accounting team
• Bachelor’s degree in Accounting, or a related field

Nice To Haves

• CPA (strongly recommended)
• Public accounting experience
• Experience managing teams across multiple locations
• Strong verbal and written communication skills
• Demonstrated ability to build effective cross-functional relationships
• Ability to prioritize, think strategically, and exercise sound judgment
• Ability to adapt to change and operate effectively in a fast-paced environment
• Strong analytical skills with attention to detail and organization
• Team-oriented approach with a positive attitude and strong work ethic
• Ability to independently identify process improvements and resolve complex issues
• Advanced Excel capabilities
• Experience with Oracle and technology solutions such as Alteryx, Power BI, Power Automate, AI, or similar tools

Responsibilities

• Ability to read and understand customer contracts to understand terms and conditions impacting revenue recognition
• Developing and maintaining ASC 606 revenue recognition models
• Ensuring successful completion of the revenue monthly and quarterly close cycle
• Managing SOX compliance of revenue recognition internal controls
• Maintaining accurate forecasts of revenue recognition adjustments
• Support for internal and external audits
• Collaboration with Deal Desk functions
• Build effective working relations with non-Finance functions such as Sales, Legal and Operations
• Apply technical accounting requirements for revenue recognition to company-specific situations
• Ownership of project accounting function for professional services within Oracle Projects
• Support deal desk in review of customer contracts, amendments, SOWs to ensure GAAP and Company revenue recognition policies are being appropriately applied and documented
• Identify and articulate complex revenue accounting issues clearly and concisely and prepare revenue recognition positions for internal workpapers as well as internal and external auditor review
• Ability to effectively lead and mentor revenue team members across multiple locations

Benefits

• This position also includes a competitive benefit package including; financial, social, health and wellbeing programs, paid vacation, 401k matching, employee stock purchase program, hybrid work schedule, and more!

What This Job Offers

• Job Type: Full-time
• Career Level: Manager
• Number of Employees: 1,001-5,000 employees