Lead Revenue Accountant

Crescent Energy Management•Houston, TX

About The Position

Crescent Energy is seeking an experienced Lead Revenue Accountant to join its Houston-based accounting organization and support upstream oil and gas operations across the Eagle Ford, Permian, and Uinta basins. The role supports a growing public company with a diverse portfolio of producing assets and a focus on cash flow, financial discipline, and shareholder returns. The Lead Revenue Accountant leads key revenue accounting processes for oil, natural gas, and NGL revenues, ensuring accurate and timely accounting. The position covers settlement analysis, revenue recognition, distribution accounting, accruals, reconciliations, financial close activities, and contract-related accounting. It also provides technical guidance to team members, resolves complex accounting issues, and drives process and internal-control improvements. The role collaborates with Accounting, Production Accounting, Marketing, Land, Division Order, and Operations. It also supports acquisitions and divestitures, audit requests, and Owner Relations inquiries as appropriate.

Requirements

Bachelor’s degree in Accounting, Finance, or a related field.
Five or more years of upstream oil and gas accounting experience, including direct experience in oil, natural gas, and/or NGL revenue accounting.
Strong understanding of revenue recognition, purchaser and gas plant statements, revenue settlements, pricing, deductions, transportation charges, distribution accounting, and revenue accrual processes.
Experience coordinating close activities, resolving complex accounting issues, and preparing or reviewing account reconciliations and variance analyses.
Demonstrated ability to take ownership of accounting processes and coordinate work across multiple stakeholders.
Strong analytical, problem-solving, and organizational skills.
Advanced proficiency in Microsoft Excel.
Experience with oil and gas accounting systems and ERP platforms.
Strong attention to detail and commitment to accuracy.
Clear written and verbal communication skills, including the ability to explain complex accounting issues.
Ability to manage competing priorities and meet deadlines in a fast-paced environment.
Sound judgment and a proactive approach to identifying, resolving, and escalating issues.
Self-directed, accountable, and results-oriented approach to work.
Ability to build effective relationships across departments and organizational levels.
Commitment to continuous improvement, knowledge sharing, and team development.
Adaptability and willingness to learn in a growing organization.

Nice To Haves

SAP experience.

Responsibilities

Lead assigned oil, natural gas, and NGL revenue accounting processes, ensuring transactions are recorded accurately, completely, and on time under company policies and applicable accounting standards.
Review and analyze oil purchaser statements, gas plant statements, residue gas settlements, NGL proceeds, pricing, deductions, transportation charges, royalties, and other ownership distributions.
Investigate and resolve discrepancies affecting recorded revenues and related owner payments.
Coordinate assigned monthly, quarterly, and annual close activities.
Prepare and review reconciliations of revenue-related accounts, production and sales volumes, inventories, and accounts receivable balances, and resolve reconciling items promptly.
Lead the preparation and analysis of revenue accruals, perform accrual-to-actual reviews, investigate variances, and provide explanations for financial and management reporting.
Provide technical guidance and mentoring to team members on complex revenue accounting matters and support consistent accounting practices across assigned assets.
Analyze purchaser contracts, processing agreements, transportation agreements, and marketing arrangements to support appropriate accounting treatment and accurate settlement calculations.
Support acquisition and divestiture due diligence, transition planning, and asset integration or disposition, including revenue accounting setup, balance reconciliation, and resolution of transition-related issues.
Execute and support reviews of revenue accounting controls, maintain supporting documentation, and respond to internal, external, and owner audit requests.
Support Owner Relations inquiries as appropriate.
Collaborate with Production Accounting, Marketing, Land, Division Order, and Operations to resolve issues, strengthen controls, improve data quality, and develop scalable revenue accounting processes.