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Lead Revenue Accounting Specialist
2 months ago
Itron is at the forefront of transforming how utilities and municipalities manage energy and water resources. Our mission is to foster a sustainable and resource-efficient world.
We are currently seeking a skilled Revenue Accountant with significant potential for professional growth. This role is pivotal in developing, implementing, and maintaining Revenue Recognition frameworks. The Revenue Accountant collaborates closely with project managers and other essential stakeholders to ensure accurate accounting for customer deployment initiatives.
Key Responsibilities:
- Take charge of analyzing customer contracts and pinpointing elements that require accounting treatment.
- Ensure precise revenue recognition models are maintained for designated projects.
- Revise monthly revenue and cost forecasts in consultation with project managers.
- Conduct thorough reviews of revenue and cost forecast modifications to assess their impact on revenue recognition.
- Design, implement, and enhance processes and controls to guarantee compliance with GAAP and Itron's policies.
- Educate and communicate revenue recognition requirements effectively.
- Assist the Revenue Manager in documenting and conveying judgments related to revenue recognition.
- Provide detailed analytical reporting on revenue and unbilled receivables management.
- Oversee invoicing processes for assigned projects.
- Conduct monthly reconciliations of balance sheets pertaining to revenue recognition.
- Support both internal and external audit processes.
- Foster positive relationships with project managers and other key stakeholders.
- Contribute to a collaborative team environment.
Required Qualifications:
- Minimum of 3 years of experience in revenue recognition accounting principles, with a preference for candidates familiar with percentage of completion accounting.
- Experience in public accounting is preferred; Big 4 experience is advantageous.
- Proactive approach to taking on additional projects and responsibilities.
- Exceptional written and verbal communication skills, with a strong emphasis on teamwork and organizational abilities.
- Ability to work independently, identifying issues early and exploring potential solutions.
- Detail-oriented with a commitment to seeing tasks through to completion.
- Proficient in Microsoft Excel, Word, and PowerPoint.
- Familiarity with Oracle and the Oracle Projects Module is a plus.
Education: A Bachelor's Degree in Accounting or Finance is required, with a strong preference for an emphasis in accounting. CPA certification is a plus.
Travel Requirements: Minimal travel expected.
Itron is dedicated to cultivating an inclusive and diverse workforce, ensuring an authentic workplace experience for all employees. We encourage individuals with varied experiences to apply, as you may be the ideal candidate we are seeking.
Itron empowers utilities and cities to deliver critical infrastructure solutions securely and reliably. We provide advanced networks, software, services, meters, and sensors to enhance the management of electricity, gas, water, and municipal services, all while striving to create a more resourceful world.