Sr. Revenue Accountant

Itron • Raleigh, NC

11d • $75,000 - $161,000 • 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. Itron is seeking a Revenue Accountant to join our team! This role offers excellent career development opportunities and the chance to make a significant impact. This role involves developing and maintaining Revenue Recognition models, partnering with project managers and stakeholders to ensure accurate project accounting. The Revenue Accountant will generate monthly revenue and expenditure reports, track assets, liabilities, and financial transactions, and help establish processes for revenue tracking in line with company policies. They will also generate and interpret revenue reports, ensuring compliance with U.S. GAAP and other regulations, and assist in managing billing information in financial systems.

Requirements

• Bachelor’s Degree in Accounting or Finance required.
• 3+ years of experience in revenue recognition accounting pronouncements with preference to candidates who have experience in percentage of completion accounting and technical revenue experience with complex revenue recognition
• Public accounting experience, specifically Big 4 experience, is preferred
• Willingness to take on additional projects and responsibilities as needed
• Excellent written and oral communication, team player, and sound organizational skills
• Ability to work independently to identify problems early and explore possible solutions
• Detail oriented and can see tasks and assignments through to completion
• Proficient with Microsoft Excel, Word and PowerPoint

Nice To Haves

• Experience with Oracle and Oracle Projects Module is preferred
• Skills related to technology solutions such as Alteryx, Power BI, Power Automate, AI, etc. is preferred
• CPA Certification

Responsibilities

• Lead review of customer contracts and identify performance obligations to be accounted for
• Identify and account for customer contract terms that may impact revenue recognition
• Maintain accurate revenue recognition models for assigned projects
• Update monthly forecasts for revenues and costs after consultation with project managers
• Perform critical review of revenue and cost forecast changes to determine revenue recognition impact
• Evaluate, create and implement processes and controls to ensure compliance with GAAP and Itron policies
• Communicate and educate on revenue recognition requirements
• Assist Revenue Manager to document and communicate judgments pertaining to revenue recognition
• Provide analytical revenue and unbilled receivable management reporting
• Oversee customer invoicing for assigned projects
• Perform monthly balance sheet reconciliations related to revenue recognition
• Build positive relationships with project managers and other key stakeholders
• Contribute to a positive team environment

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: Mid Level
• Number of Employees: 5,001-10,000 employees