Revenue Accountant I

Crescent Energy•Houston, TX

About The Position

Crescent Energy is seeking highly motivated and detail-oriented Revenue Accountants to support upstream oil and gas operations across its Eagle Ford, Permian, and Uinta Basin areas. The role handles revenue accounting activities, including settlement analysis, revenue recognition, accruals, reconciliations, financial close responsibilities, and contract-related accounting. The successful candidate will collaborate with accounting, production accounting, marketing, land, operations, and commercial teams in a dynamic, fast-paced environment. The position supports accurate accounting and reporting for oil, natural gas, and NGL sales. It includes analysis of purchaser and plant statements, settlements, pricing, deductions, transportation charges, royalties, and ownership distributions; preparation of reconciliations and revenue accruals; and support for monthly, quarterly, and annual close activities. The role also develops understanding of commercial agreements and contributes to acquisition and divestiture due diligence, transition planning, and integration. The accountant will help resolve issues, strengthen controls, improve processes, and support owner audits and Owner Relations queries.

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.
Ability to build effective relationships across departments and organizational levels.
Self-directed, accountable, and results-oriented approach to work.
Adaptability and willingness to learn in a growing organization.

Nice To Haves

Accounting experience within the upstream oil and gas industry.
Experience with upstream oil, gas, and/or NGL revenue accounting functions.
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 accurately recorded in accordance with 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.
Prepare monthly reconciliations of revenue-related accounts, production and sales volumes, inventories, accounts receivable balances, and other key accounts.
Support monthly, quarterly, and annual accounting 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 with production accounting, marketing, land, operations, commercial, and finance teams to resolve accounting issues.
Strengthen internal controls, support a scalable revenue accounting organization, and drive continuous process improvements.
Support owner audits and Owner Relations queries as appropriate.