JIB Accountant

Crescent Energy Management LLC; Houston (TX); On-site; USD 70,000 - 100,000; Full time

Job summary

Crescent Energy is seeking an experienced JIB Accountant to join our Houston accounting team. The role focuses on joint interest billing, ensuring expenditures are recorded per policy and regulatory requirements, and supporting monthly closes.

You will collaborate cross-functionally with Land, Division Order, Operations Accounting and JV Audit to align partner billings with JOAs and provide accurate analysis for management.

Qualifications

• 2+ years of experience in the oil and gas industry.

Responsibilities

• Prepare monthly JIB entries
• Process ownership adjustments and audit corrections
• Collaborate with Land, Division Order, Operations Accounting and JV Audit departments to ensure partner billings align with governing JOAs
• Execute monthly close processes, including overhead application and cost allocations
• Perform monthly account reconciliations and analysis
• Assist with owner inquiries, dispute resolution and accounts receivable collections
• Ensure cash receipts are applied to partner balances accurately and timely
• Prepare reports and analysis as needed
• Establish and maintain effective work relationships with internal staff and joint venture partners
• Assist with other daily/monthly tasks as needed

Skills

Analytical skills

Communication skills

Multitask

Education

Bachelor's degree in Accounting or Finance

Tools

SAP

EnergyLink

Excel

Job description

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. Crescent’s 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 JIB Accountant to join our Houston-based Accounting organization. The JIB Accountant is responsible for supporting the company’s joint interest billing accounting functions and ensures that expenditures are recorded within company’s policies and procedures in compliance with applicable regulations.

Reporting Structure

This position reports to the JIB Accounting Supervisor.

Primary Responsibilities

• Prepare monthly JIB entries
• Process ownership adjustments and audit corrections
• Collaborate with Land, Division Order, Operations Accounting and JV Audit departments to ensure partner billings align with governing Joint Operating Agreements (JOAs)
• Execute monthly close processes, including overhead application and cost allocations
• Perform monthly account reconciliations and analysis
• Assist with owner inquiries, dispute resolution and accounts receivable collections
• Ensure cash receipts are applied to partner balances accurately and timely
• Prepare reports and analysis as needed
• Establish and maintain effective work relationships with internal staff and joint venture partners
• Assist with other daily/monthly tasks as needed

Education and Experience Requirements

• 2+ years of experience in the oil and gas industry
• Bachelor’s degree in Accounting or Finance

Preferred Qualifications

• Experience in SAP and EnergyLink
• Eager to learn, self-motivated and detail-oriented
• Proficient in Microsoft Office, particularly Excel
• Ability to multitask and work in a fast-paced environment
• Strong analytical and communication skills
• Ability to work independently and as part of a team

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 [e-mail].