Revenue Accountant

Crescent Energy • Houston, TX

6d

About The Position

Crescent is seeking highly motivated and detail-oriented Revenue Accountants to join their Accounting team. This role will support upstream oil and gas operations across Crescent's core operating areas, including the Eagle Ford, Permian, and Uinta Basins. The position is responsible for revenue accounting activities such as settlement analysis, revenue recognition, accruals, reconciliations, financial close responsibilities, and contract-related accounting. Successful candidates will have experience in upstream revenue accounting, distribution accounting, and related settlement processes. The ideal candidate will possess strong analytical and problem-solving skills, a solid foundation in upstream oil and gas, and the ability to collaborate effectively across various teams in a dynamic and fast-paced environment.

Requirements

• Bachelor's degree in Accounting, Finance, or a related field required
• 3+ years of accounting experience, preferably within the upstream oil and gas industry
• Experience with upstream oil, and/or gas and NGL revenue accounting functions preferred
• Understanding of purchaser statements, gas plant statements, revenue settlements, pricing, deductions, transportation agreements, and revenue accrual processes preferred
• Strong analytical, reconciliation, and problem-solving skills
• Advanced proficiency with Microsoft Excel
• Experience with SAP or other major ERP system preferred.
• 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
• Strong analytical mindset and intellectual curiosity
• Self-directed, accountable, and results-oriented approach to work
• Ability to build effective relationships across departments and organizational levels
• Continuous improvement mindset with a desire to enhance processes and controls
• Adaptability and willingness to learn in a growing organization

Nice To Haves

• CPA, CPA candidate, or APA designation preferred but not required.

Responsibilities

• Perform revenue accounting activities for oil, natural gas, and NGL sales across Crescent's portfolio, ensuring transactions are recorded accurately and 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 to ensure the completeness and accuracy of recorded revenues and related owner payments.
• Prepare monthly reconciliations of revenue-related accounts, production and sales volumes, inventories, accounts receivable balances, and other key accounts while supporting monthly, quarterly, and annual close activities.
• Prepare revenue accruals, perform accrual-to-actual analyses, investigate variances, and support accurate financial reporting and management reporting requirements.
• Develop an understanding of purchaser contracts, processing agreements, transportation agreements, and marketing arrangements while supporting acquisition and divestiture activities through due diligence, transition planning, and integration of acquired assets.
• Partner 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.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level