Sr Revenue Accounting Associate

Rückbauanlage Gundremmingen•Chicago, IL

6d•Onsite

About The Position

The Sr Revenue Accounting Associate is responsible for ensuring the accurate and timely recognition of revenue, with a particular focus on compliance with ASC 606 and specialized areas such as production tax credits and incentive-based revenue. This role supports all aspects of revenue accounting, including billing, collections, account reconciliations, and audit preparation, to maintain the integrity of financial reporting. The Senior Revenue Accountant collaborates with internal teams, interprets complex contracts, and drives process improvements, supporting the company’s commitment to transparency and regulatory compliance within the renewable energy industry.

Requirements

Bachelor’s degree in finance, accounting or other related discipline required
Minimum 5 years experience in accounting, finance or related field is preferred, with an emphasis on candidates who have successfully performed account reconciliations
Must be a self-starting & motivated individual who is able to quickly pick up on new systems and effectively manage deadlines
Prior experience in the energy market is highly preferred
SAP & PCI experience is strongly preferred
Actively contributes to process improvement initiatives
Performs accounts receivable (AR) analysis and related tasks as required
Maintains process documentation
Strong analytical and problem-solving skills with the ability to interpret data to generate insights
Advanced proficiency with Microsoft Office (Excel, Word, PowerPoint, Outlook) and Microsoft Teams
Excellent written, verbal, and interpersonal communication skills
Strong organization skills and ability to coordinate multiple tasks and deliverables
Ability to multi-task, while working independently and as part of a team
Motivated self-starter who is goal-oriented and proactive
Demonstrated desire to learn about the company and the renewables energy industry
Strong leadership and communication skills, with an ability to meet deadlines
Detail-oriented with strong business acumen and a sound understanding of business concepts
Willingness to travel for a few days per year
Eagerness to learn and take on challenges in a rapidly growing and dynamic environment
Applicants must be legally authorized to work in the United States.
RWE Americas is unable to sponsor or take over sponsorship of employment visas at this time.

Responsibilities

Apply ASC 606 revenue recognition principles to ensure compliance
Prepare and post revenue-related journal entries and assist with monthly close process
Perform reconciliations for accounts receivable, unbilled revenue, and deferred revenue
Support invoicing processes for reoccurring and usage-based billing to ensure accurate revenue recognition
Generate and analyze accounts receivable aging reports and support follow-up efforts with collections
Prepare documentation and support for audits and quarterly reviews conducted by internal and external auditors
Assist in managing production tax credits (PTCs) revenue recognition and reconciliation
Assist in managing royalty calculations and incentive-based revenue/expense recognition and reconciliation
Prepare quarterly and yearly month-end reporting
Support team members with day-to-day tasks, as needed
Interpret contracts and determine appropriate accounting treatment under ASC 606
Maintain clear and accurate process documentation to support audit readiness, compliance, and consistency across revenue accounting tasks
Collaborate with internal departments to validate revenue terms
Drives deadline-sensitive initiatives like accruals and reconciliations
Communicates effectively with stakeholders to resolve issues and align on expectations
Provide support for special projects, as appropriate