Revenue Principal

ItronRaleigh, WA
15d$96,000 - $184,000Hybrid

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. Itron is looking for a Revenue Principal with strong technical revenue accounting knowledge. If you are a Revenue Principal, Revenue Manager, or revenue subject matter expert interested in a strategic and influential role within a global technology leader supporting the utilities and energy sector, Itron, Inc. has an outstanding opportunity. We are a U.S.-based public company with complex, multi-element arrangements—including hardware, software, professional services, SaaS, managed services, extended warranties, and maintenance. This role can be based in Liberty Lake, WA; Austin, TX; or Raleigh, NC, and offers the chance to join an energetic and creative management team that values innovation, collaboration, and a customer-centered mindset. As a key member of our Revenue and Cost of Sales Accounting team, you will own complex revenue recognition activities under ASC 606 and play a critical role in strengthening our global revenue processes. You will lead reviews of complex contracts and ASC 606 models, while contributing to a high-performing, inclusive, and agile team.

Requirements

  • Excellent verbal and written communication skills and strong interpersonal skills.
  • Effective leadership, delegation, and prioritization skills with experience in large teams.
  • Strong analytical, organizational, and multitasking abilities with high accountability.
  • Strategic thinker with sound judgment and continuous improvement mindset.
  • Ability to build cross-functional relationships and work collaboratively across teams.
  • Adaptability and agility in a dynamic, fast-paced environment.
  • Strong technical accounting knowledge, especially ASC 606 revenue recognition guidance.
  • Ability to improve processes and independently address complex issues.
  • Proficient in Excel.
  • 7+ years of accounting experience with complex revenue recognition.
  • Applied understanding of ASC 606 and hands-on revenue recognition experience.
  • Experience working with distributed teams across multiple locations.
  • Bachelor's degree in a related field or equivalent experience.

Nice To Haves

  • Public accounting (big four preferred).
  • CPA preferred.
  • FP&A experience.
  • Experience with Oracle, Alteryx, Power BI, Power Automate, or AI tools.

Responsibilities

  • Read and interpret customer contracts to identify terms and conditions impacting revenue recognition.
  • Develop and maintain ASC 606 revenue recognition models with a focus on consistency, accuracy, and innovation.
  • Perform detailed quality reviews of ASC 606 journal entries.
  • Ensure timely, accountable execution of monthly and quarterly revenue close activities.
  • Manage SOX compliance for revenue recognition-related controls.
  • Maintain accurate forecasts of revenue recognition adjustments while analyzing, interpreting and clearly explaining forecast-to-actual variances to stakeholders.
  • Support internal and external audits with professionalism and clear documentation.
  • Collaborate closely with Deal Desk and while building strong working relationships across Finance and non‑Finance teams, including Sales, Legal, and Operations.
  • Apply ASC 606 technical accounting guidance to company-specific revenue scenarios.
  • Partner with Deal Desk on contract, amendment, and SOW reviews to ensure GAAP and company policy alignment.
  • Identify, articulate, and document complex revenue accounting matters for stakeholders and auditors.
  • Mentor and support 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!
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