Revenue Associate
Itron, Inc. · North Carolina, United States · 3 wk ago
Finance$60k–$101k/yrFull-time
Duties & Responsibilities
- Review customer contracts to identify performance obligations and contract elements in alignment with revenue recognition standards and Itron policies.
- Develop, maintain, and enhance accurate revenue recognition models for assigned customer deployment projects, demonstrating accountability and attention to detail.
- Partner collaboratively with project managers and key stakeholders to update monthly forecasts for revenue and costs, ensuring timely and accurate financial insights.
- Perform critical analysis of forecast changes to assess revenue recognition impacts and proactively identify risks or opportunities.
- Monitor and prepare monthly revenue, cost, deferred revenue, and unbilled receivable reports that support internal and external stakeholders.
- Evaluate, design, and implement scalable processes and internal controls that ensure compliance with U.S. GAAP and support Itron’s innovative, agile operating model.
- Communicate and educate cross-functional partners on revenue recognition requirements in a clear, authentic, and customer-focused manner.
- Aid the Revenue Manager in documenting and communicating professional judgments related to revenue recognition.
- Oversee customer invoicing for assigned projects, ensuring accuracy, timeliness, and a positive customer experience.
- Perform monthly balance sheet reconciliations related to revenue recognition and resolve discrepancies promptly.
- Maintain accurate records of assets, liabilities, and other financial transactions within financial systems.
- Build and sustain strong, collaborative relationships with project managers, finance partners, and other stakeholders.
- Contribute positively to a high-performing, inclusive, and continuous-improvement-focused team environment.
Required Skills & Experience
- Bachelor’s degree in Accounting or Finance, with a strong emphasis in accounting.
- 1+ years of experience with revenue recognition accounting principles and related pronouncements.
- Working knowledge of U.S. GAAP and the application of revenue recognition standards to customer contracts.
- Strong analytical skills with the ability to independently identify issues early and propose thoughtful, compliant solutions.
- Demonstrated accountability, attention to detail, and ability to see tasks through to completion in a dynamic environment.
- Excellent written and verbal communication skills, with the ability to explain complex accounting concepts to non-finance partners.
- Proficiency in Microsoft Excel, Word, and PowerPoint.
- Ability to work effectively both independently and collaboratively in a fast-paced, technology-driven organization.
Preferred Skills & Experience
- Public accounting experience; Big 4 experience strongly preferred.
- CPA certification or active pursuit of CPA designation.
- Experience with Oracle financial systems, including the Oracle Projects module.
- Exposure to project-based accounting environments, particularly within technology, utilities, or energy-related industries.
- Demonstrated willingness to take on additional responsibilities, contribute innovative ideas, and support continuous process improvement.
Benefits
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!