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 is looking for a Revenue Principal with strong technical revenue accounting knowledge to join our Deal Desk team. Itron is a U.S.-based public company with complex, multi-element arrangements—including hardware, software, professional services, SaaS, managed services, extended warranties, and maintenance.As a key member of our team, you will own complex revenue recognition activities under ASC 606 and play a critical role in strengthening our global revenue policy and procedure. You will lead reviews of complex contracts and ASC 606 models, while contributing to a high-performing, inclusive, and agile team.
- Read and interpret customer contracts to identify terms and conditions that impact revenue recognition in a customer‑centric and accountable manner.
- Assist the Revenue Operations team in setting up ASC 606 revenue recognition models, ensuring consistency, technical accuracy, and alignment with company policy.
- Execute quarterly revenue close activities in a timely, accurate, and well‑documented manner.
- Manage SOX compliance related to revenue recognition controls with a strong focus on accountability and reliability.
- Support internal and external audits through clear documentation, responsive communication, and collaborative engagement.
- Collaborate closely with Revenue Operations while building effective working relationships across Finance and non‑Finance teams, including Sales, Legal, and Operations.
- Apply ASC 606 technical accounting guidance to company‑specific revenue scenarios involving complex, multi‑element arrangements.
- Partner with Revenue Operations on reviews of new contracts, amendments, and statements of work (SOWs) to ensure compliance with GAAP and company policy.
- Identify, document, and communicate complex revenue accounting matters to stakeholders and auditors in an authentic and clear manner.
- Prepare technical accounting memoranda under US GAAP.
- Assist with annual standalone selling price (SSP) calculations.
- Collaborate with Sales and Legal teams to provide guidance on finance and revenue‑related terms within customer contracts.
- Contribute to the continuous improvement of revenue policies, procedures, and processes in an agile and innovative technology environment supporting Utilities and Energy customers.
- Bachelor’s degree in Accounting or related field.
- 7+ years of accounting experience with complex revenue recognition.
- Applied, hands‑on understanding of ASC 606 revenue recognition guidance.
- Strong technical accounting knowledge with the ability to independently resolve complex issues.
- Excellent verbal and written communication skills and strong interpersonal skills.
- Strong analytical, organizational, and multitasking abilities with a high level of accountability.
- Effective leadership, delegation, and prioritization skills with experience working in large or distributed teams.
- Ability to build collaborative, cross‑functional relationships across Finance and non‑Finance teams.
- Strategic thinker with sound judgment and a continuous improvement mindset.
- Adaptability and agility in a dynamic, fast‑paced environment.
- Proficiency in Excel.
- Public accounting experience; Big Four preferred.
- CPA preferred.
- FP&A experience.
- Experience with Salesforce, Oracle, Alteryx, Power BI, Power Automate, or AI‑enabled tools.
- Experience supporting a technology company operating in the Utilities and Energy sector.
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 $96,000-184,000 annually. This position is eligible for our annual bonus program.
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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
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