Revenue Principal
Revenue Principal
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$ 105000 - 202000
1 Vacancy
Job Description
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 Inc. is looking for a Revenue expert interested in a subject matter expert role for a global company with complex multiple performance obligation arrangements such as hardware software professional services SaaS managed services extended warranties and maintenance. 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 have review responsibilities for managing complex revenue recognition contracts and Excelbased 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
Performing detailed reviews over ASC 606 revenue recognition models with focus on quality and accuracy
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 and Revenue Special Projects functions
Build effective working relations with nonFinance functions such as Sales Legal and Operations
Apply technical accounting requirements for revenue recognition to companyspecific 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 mentor revenue team members across multiple locations
Skills:
Excellent verbal and written communication skills and strong interpersonal skills
Effective leadership delegation and prioritization skills with experience in managing a large team
Excellent analytical skills detail oriented organized and demonstrated ability to multitask
Ability to prioritize think strategically and exercise sound judgment
Team player with a positive attitude strong work ethic and a focus on business issues
Ability to develop cross functional relationships both within the finance function and the broader organization. Work effectively on cross functional teams and a demonstrated ability to partner with other functions
Ability to adapt to change and be agile in a fastpaced environment
Demonstrate strong technical accounting skills especially with ASC 606 revenue recognition guidance
Ability to independently identify new ways to improve / strengthen processes efficiency and deal with complex issues
Advanced knowledge of Excel
Experience:7 years of experience in accounting specifically revenue recognition with complex multiple performance obligation arrangements. Must have experience managing a team across multiple locations. Public Accounting and Big Four experience are a plus. Understanding of ASC 606 and practical experience in revenue recognition is required. Skills related to Oracle and technology solutions such as Alteryx Power BI Power Automate AI etc. are a plus.
Education:Bachelors degree in accounting related field or equivalent experience.
Certification(s):CPA
Travel:0 10%
Physical Demands: This is a typical office job with no special physical requirements or unusual work environment.
#LIMC3
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 dont 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 candidates starting salary will be determined based on permissible nondiscriminatory factors such as skills and experience.
Itron is proud to be an Equal Opportunity Affirmative Action Employer. If you require an accommodation to apply please contact a recruiting representative ator email
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.
Employment Type
Full-Time
