Revenue Associate

Posted 2 Days Ago
Be an Early Applicant
Raleigh, NC, USA
In-Office
60K-101K Annually
Junior
Information Technology • Energy
The Role
The Revenue Associate will develop revenue recognition models, collaborate with project managers, analyze forecasts, and ensure compliance with U.S. GAAP, while maintaining financial records and customer invoicing.
Summary Generated by Built In

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 has an exciting opportunity for a Revenue Accountant with strong potential for career development. In this role, you will develop, implement, and maintain revenue recognition models that support complex customer deployment projects across the Utilities & Energy landscape. You will partner closely with project managers and cross‑functional stakeholders to ensure revenue is accurately recognized, reported, and compliant with U.S. GAAP. This position plays a critical role in delivering transparent, customer‑centric financial insights that enable informed business decisions and operational excellence.
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.
  • Assist 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 Info:
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!

The successful candidate’s starting salary will be determined based on permissible, non-discriminatory factors such as skills and experience and may vary by location. The base salary is $60,000-101,250 annually.

#LI-EP1

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 wage will be determined based on permissible, non-discriminatory factors such as skills and experience.
Itron is proud to be an Equal Opportunity Employer. If you require an accommodation to apply, please contact a recruiting representative at 1-800-635-5461 or email [email protected].

Itron is transforming how the world manages energy, water and city services. Our trusted intelligent infrastructure solutions help utilities and cities improve efficiency, build resilience and deliver safe, reliable and affordable service. With edge intelligence, we connect people, data insights and devices so communities can better manage the essential resources they rely on to live. Join us as we create a more resourceful world: www.itron.com

Skills Required

  • Bachelor's degree in Accounting or Finance
  • 1+ years of experience with revenue recognition accounting principles
  • Working knowledge of U.S. GAAP
  • Strong analytical skills
  • Excellent written and verbal communication skills
  • Proficiency in Microsoft Excel, Word, and PowerPoint

Itron Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Itron and has not been reviewed or approved by Itron.

  • Healthcare Strength Medical, dental, and vision coverage are complemented by HSA/FSA options, life and disability insurance, an EAP, and mental‑health resources, with plans characterized as strong for U.S. employees.
  • Retirement Support A 401(k) with company match is standard, and recent company materials describe a comparatively strong matching formula alongside access to an ESPP.
  • Leave & Time Off Breadth Policies include unlimited PTO for many salaried roles and paid holidays. Hybrid/remote options also appear in recent postings.

Itron Insights

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The Company
HQ: Liberty City, WA
5,284 Employees
Year Founded: 1977

What We Do

Itron enables utilities and cities to safely, securely and reliably deliver critical infrastructure services to communities in more than 100 countries. Our proven portfolio of smart networks, software, services, meters and sensors helps our customers better manage energy and water for the people they serve.

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