Ops and JV Accounting Manager
Houston, MS - USA
Job Summary
Crescent is a differentiated U.S. energy company committed to delivering value through a disciplined returns-driven growth through acquisition strategy and consistent return of capital. Our long-life balanced portfolio combines significant cash flow from stable production with a deep high-quality development inventory. Crescent is a top three producer in the Eagle Ford basin and a scaled operator in each of the Permian and Uinta basins. Crescents leadership is an experienced team of investment financial and industry professionals that combines proven investment and operating expertise. For more than a decade Crescent and our predecessors have executed on a consistent strategy focused on cash flow risk management and returns. Through disciplined and accretive investments we have successfully tripled the size of our company since going public in December 2021 while maintaining a strong balance sheet.
Crescent Energy is seeking an experienced Manager Operations & Joint Venture Accounting to join our Houston-based Accounting organization. This position will be responsible for leading the companys operational accounting joint venture accounting inventory accounting cost allocation and related close and reporting activities across operated and non-operated upstream assets. The role is expected to oversee key accounting processes related to joint interest billings partner settlements non-operated accounting capital and lease operating expense accounting inventory management COPAS compliance and acquisition integration activities.
The ideal candidate will have at least 10 years of oil and gas accounting experience including significant experience in joint venture accounting operational accounting COPAS accounting procedures and accounting close processes. This role requires a collaborative leader who can effectively partner with Operations Land Revenue Accounting Regulatory Accounting Accounts Payable Financial Reporting and Finance teams while driving process improvements strengthening internal controls and developing accounting staff. The successful candidate will possess deep expertise in joint venture accounting and COPAS practices including interpretation of Joint Operating Agreements administration of overhead provisions support of partner audits and resolution of complex joint interest accounting matters.
- Lead the Companys operational accounting and joint venture accounting functions for operated and non-operated assets including monthly close reporting and account reconciliation activities.
- Oversee accounting for lease operating expenses capital expenditures inventory and cost allocation processes.
- Manage joint interest billing activities including partner billings cash calls settlements netting accounts receivable and collections.
- Serve as the Companys subject matter expert for COPAS Accounting Procedures Joint Operating Agreements and joint venture accounting practices including administration of COPAS overhead rates.
- Partner with Operations Land Revenue Accounting Regulatory Accounting and Finance teams to support operational accounting activities acquisitions divestitures and integration efforts.
- Lead responses to partner inquiries billing disputes and joint venture audits while ensuring compliance with contractual and accounting requirements.
- Develop mentor and lead accounting personnel while promoting accountability teamwork and continuous improvement.
- Identify opportunities to enhance processes strengthen internal controls automate activities and improve the efficiency and scalability of the accounting organization.
- Bachelors degree in Accounting Finance or a related field.
- 10 or more years of oil and gas accounting experience.
- 5 or more years of progressive leadership supervisory or management experience.
- Significant experience with joint venture accounting joint interest billings operational accounting and monthly close processes.
- Deep expertise in COPAS Accounting Procedures Joint Operating Agreements Joint Interest Billing (JIB) partner audits overhead administration and dispute resolution.
- Demonstrated experience administering COPAS provisions including overhead calculations audit support cost recoveries and dispute resolution.
- Strong understanding of upstream operations capital accounting cost allocations inventory accounting and accrual processes.
Preferred Qualifications
- Certified Public Accountant (CPA) or Accredited Petroleum Accountant (APA) designation a plus.
- Experience presenting accounting analyses and recommendations to executive leadership.
- Proven success supporting acquisitions integrations and large-scale organizational growth.
- Demonstrated ability to build and lead high-performing accounting teams.
- Experience with leading upstream oil and gas accounting platforms and ERP systems including SAP.
Crescent Energy is an equal opportunity employer. All qualified applicants will be considered for employment without regard to race color religion gender/pregnancy gender identity or expression sexual orientation national origin genetics disability age veteran status or any other legally protected status. Crescent Energy is also committed to compliance with all fair employment practices regarding citizenship and immigration status. If you require accommodation to complete the application process please let us know by contacting .
Required Experience:
Manager