Sr Revenue Accounting Associate

RWE Gruppe; Chicago (IL); On-site; USD 95,000 - 125,000; Full time

Benefits offered by this job

Medical

Dental

Vision

Life Insurance

Short-Term Disability

Long-Term Disability

401(k) match

Flexible Spending Accounts

EAP

Education Assistance

Parental Leave

Paid time off

Holidays

Short-term incentives

Job summary

RWE Americas, LLC is seeking a Senior Revenue Accountant to ensure accurate revenue recognition under ASC 606, with emphasis on production tax credits and incentive-based revenue. You will support billing, accruals, reconciliations, and audit readiness while collaborating with internal teams.

Key responsibilities include applying ASC 606, posting journal entries, AR reconciliations, and assisting with monthly closes.

Qualifications

• Bachelor’s degree in finance or accounting required.
• Minimum 5 years experience in accounting or finance with emphasis on reconciliations.
• Experience with ASC 606 revenue recognition and audits is preferred.
• Experience in energy market is highly preferred.

Responsibilities

• Apply ASC 606 revenue recognition principles to ensure compliance
• Prepare and post revenue-related journal entries and assist with monthly close process
• Perform reconciliations for accounts receivable, unbilled revenue, and deferred revenue
• Support invoicing processes for recurring and usage-based billing to ensure accurate revenue recognition
• Generate and analyze accounts receivable aging reports and support follow-up efforts with collections
• Prepare documentation and support for audits and quarterly reviews conducted by internal and external auditors
• Assist in managing production tax credits (PTCs) revenue recognition and reconciliation
• Assist in managing royalty calculations and incentive-based revenue/expense recognition and reconciliation
• Prepare quarterly and yearly month-end reporting
• Support team members with day-to-day tasks, as needed
• Interpret contracts and determine appropriate accounting treatment under ASC 606
• Maintain clear and accurate process documentation to support audit readiness, compliance, and consistency across revenue accounting tasks
• Collaborate with internal departments to validate revenue terms
• Drives deadline-sensitive initiatives like accruals and reconciliations
• Communicates effectively with stakeholders to resolve issues and align on expectations
• Provide support for special projects, as appropriate

Skills

ASC 606

AR reconciliations

Journal entries

Month-end close

Revenue recognition

Contract interpretation

Interpersonal communication

Education

Bachelor’s degree in finance or accounting

Tools

SAP

PCI

Job description

RWE Americas, LLC

To start as soon as possible, full time, permanent

Functional area: Finance / Controlling

Remuneration: Exempt

The Sr Revenue AccountingAssociate is responsible for ensuring the accurate and timely recognition of revenue, with a particular focus on compliance with ASC 606 and specialized areas such as production tax credits and incentive-based revenue. This role supports all aspects of revenue accounting, including billing, collections, account reconciliations, and audit preparation, to maintain the integrity of financial reporting. The Senior Revenue Accountant collaborates with internal teams, interprets complex contracts, and drives process improvements, supporting the company’s commitment to transparency and regulatory compliance within the renewable energy industry.

Role Responsibilities

• Apply ASC 606 revenue recognition principles to ensure compliance
• Prepare and post revenue-related journal entries and assist with monthly close process
• Perform reconciliations for accounts receivable, unbilled revenue, and deferred revenue
• Support invoicing processes for reoccurring and usage-based billing to ensure accurate revenue recognition
• Generate and analyze accounts receivable aging reports and support follow-up efforts with collections
• Prepare documentation and support for audits and quarterly reviews conducted by internal and external auditors
• Assist in managing production tax credits (PTCs) revenue recognition and reconciliation
• Assist in managing royalty calculations and incentive-based revenue/expense recognition and reconciliation
• Prepare quarterly and yearly month-end reporting
• Support team members with day-to-day tasks, as needed
• Interpret contracts and determine appropriate accounting treatment under ASC 606
• Maintain clear and accurate process documentation to support audit readiness, compliance, and consistency across revenue accounting tasks
• Collaborate with internal departments to validate revenue terms
• Drives deadline-sensitive initiatives like accruals and reconciliations
• Communicates effectively with stakeholders to resolve issues and align on expectations
• Provide support for special projects, as appropriate

Job Requirements and Experience

• Bachelor’s degree in finance, accounting or other related disciplinerequired
• Minimum 5 yearsexperience in accounting, finance or related field is preferred, with an emphasis on candidates who have successfully performed account reconciliations
• Must be a self-starting & motivated individual who is able to quickly pick up on new systems and effectively manage deadlines
• Prior experience in the energy market is highly preferred
• SAP & PCI experience is strongly preferred
• Actively contributes to process improvement initiatives
• Performs accounts receivable (AR) analysis and related tasks as required
• Maintains process documentation
• Strong analytical and problem-solving skills with the ability to interpret data to generate insights
• Advanced proficiency with Microsoft Office (Excel, Word, PowerPoint, Outlook) and Microsoft Teams
• Excellent written, verbal, and interpersonal communication skills
• Strong organization skills and ability to coordinate multiple tasks and deliverables
• Ability to multi-task, while working independently and as part of a team
• Motivated self-starter who is goal-oriented and proactive
• Demonstrated desire to learn about the company and the renewables energy industry
• Strong leadership and communication skills, with an ability to meet deadlines
• Detail-oriented with strong business acumen and a sound understanding of business concepts
• Willingness to travel for a few days per year
• Eagerness to learn and take on challenges in a rapidly growing and dynamic environment

Pay range

The annual base salary range for this position in Illinois or New York is $95,000 - $125,000. The listed salary range represents our good faith estimate for this position and represents the range for new hire salaries across all U.S locations. Please note that the salary information is a general guideline only. RWE considers factors such as (but not limited to) scope and responsibilities of the position, candidate’s education & work experience, training & certifications, and key skills as well as market and business considerations at the time of the offer.

Benefits offered

• Medical
• Dental
• Vision
• Life Insurance
• Short-Term Disability
• Long-Term Disability
• 401(k) match
• Flexible Spending Accounts
• EAP
• Education Assistance
• Parental Leave
• Paid time off
• Holidays
• Eligible employees also participate in short-term incentives, in addition to salary.

All qualified applicants will receive consideration for employment without regard to race, color, sex, sexual orientation, gender identity, religion, national origin, disability, veteran status, or other legally protected status.

RWE Americas, a subsidiary of RWE, is a US-based energy company that is helping to meet the growing demand for energy across the United States. Backed by RWE’s 125-year global legacy of managing diverse power assets, RWE Americas operates approximately 13 GW of power projects across 27 states.With a talented workforce of 2,000 employees, RWE Americas develops, constructs and operateswind, solar and battery storage projects, along with natural gas-powered generation, that safely deliver affordable, reliable electricity to our customers. Committed to responsible development, RWE Americas invests in local and rural communities, creating jobs and partnering with stakeholders to support and strengthen the places where we live and work. This is complemented by RWE’s energy trading business. RWE is also a major offtaker of American liquified natural gas (LNG). Learn more about how RWE Americas is generating impact at americas.rwe.com.

We look forward to meeting you. Of course, you can find us on LinkedIn, Instagram, Facebook, YouTube and Xing, too.

At RWE Americas, we foster a culture defined by our Essential Behaviors - Have Courage, Create Impact and Actively Collaborate. We encourage bold thinking and continuous learning, and we value ownership, resilience and inclusion in everything we do. When you join us, you become part of a team that supports your development, respects your contributions and celebrates shared success. This is a place where you can grow your career and make a meaningful difference.