Revenue Accountant I

Crescent Energy Management•Houston, TX

About The Position

Crescent is seeking a highly motivated and detail-oriented Revenue Accountant to join its Accounting team supporting upstream oil and gas operations in the Eagle Ford, Permian, and Uinta Basins. The role handles revenue accounting activities, including settlement analysis, revenue recognition, accruals, reconciliations, financial close responsibilities, and contract-related accounting. The accountant will collaborate with accounting, production accounting, marketing, land, operations, commercial, and finance teams in a dynamic, fast-paced environment.

Requirements

  • Bachelor's degree in Accounting, Finance, or a related field.
  • At least 1 year of accounting experience.
  • Strong analytical, reconciliation, and problem-solving skills.
  • Advanced proficiency with Microsoft Excel.
  • Strong attention to detail and commitment to accuracy.
  • Excellent written and verbal communication skills.
  • Ability to manage multiple priorities and deadlines in a fast-paced environment.
  • Self-directed, accountable, and results-oriented approach to work.
  • Ability to build effective relationships across departments and organizational levels.
  • Adaptability and willingness to learn in a growing organization.

Nice To Haves

  • Accounting experience in the upstream oil and gas industry.
  • Experience with upstream oil, gas, and/or NGL revenue accounting.
  • Understanding of purchaser statements, gas plant statements, revenue settlements, pricing, deductions, transportation agreements, and revenue accrual processes.
  • Experience with SAP or another major ERP system.
  • CPA, CPA candidate, or APA designation.

Responsibilities

  • Perform revenue accounting for oil, natural gas, and NGL sales, ensuring transactions are recorded accurately and in accordance with company policies and applicable accounting standards.
  • Review and analyze purchaser and gas plant statements, residue gas settlements, NGL proceeds, pricing, deductions, transportation charges, royalties, and other ownership distributions to verify recorded revenue and owner payments.
  • Prepare monthly reconciliations of revenue-related accounts, production and sales volumes, inventories, accounts receivable balances, and other key accounts.
  • Support monthly, quarterly, and annual close activities.
  • Prepare revenue accruals, perform accrual-to-actual analyses, investigate variances, and support financial and management reporting.
  • Develop an understanding of purchaser contracts, processing agreements, transportation agreements, and marketing arrangements.
  • Support acquisition and divestiture activities through due diligence, transition planning, and integration of acquired assets.
  • Collaborate across production accounting, marketing, land, operations, commercial, and finance teams to resolve accounting issues, strengthen internal controls, support a scalable revenue accounting organization, and improve processes.
  • Support owner audits and respond to Owner Relations queries as appropriate.
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