Revenue Accountant
For decades, Itron has been delivering critical energy and water infrastructure services to customers around the globe--and we're just getting started. Join us and help design the future of resource management.
Itron has an exciting new opportunity for a Revenue Accountant with strong potential for career development. The Revenue Accountant develops, implements, and/or maintains Revenue Recognition models. In this position, you’ll partner with project managers and other key stakeholders in the organization to ensure customer deployment projects are accounted for accurately. As a Revenue Accountant you’ll monitor and develop monthly reports of revenues and expenditures for projects, provide record of assets, liabilities and other financial transactions. Additionally, you may assist in the setup of processes and procedures that properly capture, track and report revenue, including deferred revenue, in accordance with the company revenue recognition policy. You may also generate revenue reports for internal and/or external use. Also, they may interpret reports and records for managers/stakeholders, and be involved in reviewing, tracking and maintaining billing information in the financial systems - ensuring accuracy and compliance with U.S. GAAP and other accounting regulations.
Duties & Responsibilities:
- Review customer contract(s) and identify contract elements to be accounted for.
- 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.
Required Skills & Experience:
- 2+ years of experience in and understanding of revenue recognition accounting pronouncements
- 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
- Experience with Oracle and Oracle Projects Module a plus
Preferred Skills & Experience:
- Public accounting experience
- Big 4 experience
Education: Bachelor’s Degree in Accounting or Finance required, emphasis in accounting highly preferred
Certification(s): CPA certification is a plus
Itron is committed to building an inclusive and diverse workforce and providing an authentic workplace experience for all employees. If you are excited about this role but your past experiences don't perfectly align with every requirement, we encourage you to apply anyway. In the end, you may be just who we are looking for!
The successful candidate's starting salary will be determined based on permissible, non-discriminatory factors such as skills and experience. Liberty Lake, WA: The base salary is $67,800 - $115,000. 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!
Itron is proud to be an Equal Opportunity, Affirmative Action Employer. If you require an accommodation to apply, please contact a recruiting representative at 1-800-635-5461 or email Accessibility@itron.com.
Itron enables utilities and cities to safely, securely and reliably deliver critical infrastructure solutions. We provide smart networks, software, services, meters, and sensors to better manage electricity, gas, water and city services. We are dedicated to creating a more resourceful world.
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