What are the responsibilities and job description for the Principal - Revenue Controls position at Itron?
We believe the way we manage energy and water will define this century. By joining the Itron team, you can help ensure these precious resources are available to future generations. Are you up for the challenge?
Itron has a fantastic new opportunity for an individual with experience in creating internal controls within revenue accounting. This individual will have a unique opportunity to define the role and be seen as a revenue accounting controls expert by key stakeholders in the organization.
Key responsibilities include:
- Perform SOX activities focusing on revenue recognition internal control design and operating effectiveness testing.
- Understand and determine scope of revenue recognition processes and coordinate with process owners, Internal Audit and External Audit.
- Coordinate with process owners for the annual update of internal control documentation. Standardize the documentation across the company.
- Support process owners in remediation of internal control deficiencies.
- Coordinate testing with Internal Audit and External Auditors.
- Participate in SOX meetings to monitor progress on schedule and remediation work.
- Advise and support process owners on the financial control ramifications of process and systems changes.
- Support special projects (e.g., evolution of new revenue accounting standard ASC 606, and acquisition integration).
- Evaluate, create and implement processes and controls to ensure compliance with GAAP and Itron policies.
Required Experience: This position typically requires 4 years of related experience, including 2 years in public accounting and auditing publicly owned companies.
Must have working knowledge of ASC 606 revenue accounting standard, SOX 404 requirements and processes and COSO internal controls framework along with strong working knowledge of business processes and controls related to the financial close process.
Education & Certification(s): Bachelor's degree in Accounting or Finance is required. CPA is preferred.
Location: This is a hybrid position based out of our Liberty Lake, WA or Raleigh, NC office with two days required on-site per week.
Physical Demands: This is a typical office job, with no special physical requirements or unusual work environment.
Travel: 0-10%
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 salary will be determined based on permissible, non-discriminatory factors such as skills and experience. Liberty Lake, WA: The base salary is $80,000 - $160,000. This position is eligible for our annual bonus program. 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!
Itron is proud to be an Equal Opportunity, Affirmative Action Employer. If you require an accommodation to apply, please contact a recruiting representative at 1-800-635-5461 or email Accessibility@itron.com.
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.
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Salary : $80,000 - $160,000
