Lead Ops Cost Accounting in Oil & Gas

Crescent Energy Management LLC; Houston (TX); On-site; USD 120,000 - 180,000; Full time

Job summary

Crescent Energy is seeking an experienced Operations Accounting Supervisor to lead our Houston-based accounting team. The role focuses on capital project classification, cost tracking, and allocation for company-owned infrastructure, ensuring COPAS compliance and strong internal controls.

You will oversee cost accounting processes, budgeting analyses, and inventory valuations while collaborating with field operations, engineering, and external auditors.

Qualifications

• 8+ years of accounting experience in the E&P sector, with emphasis on operational cost accounting.
• Bachelor's degree in Accounting or Finance or APA certification.
• Experience with SAP and EnergyLink is preferred.
• Strong knowledge of COPAS guidelines for joint venture properties.
• Analytical mindset and ability to manage team workloads.

Responsibilities

• Supervise and develop the operations accounting team by assigning work, reviewing deliverables, and coaching.
• Serve as primary contact for field operations and engineering teams.
• Review setup, maintenance and closing of capital and expense projects in line with policy.
• Review and approve journal entries for capital projects, accruals, LOE, and G&A expenses.
• Advise on COPAS-compliant accounting for joint venture properties and materials.
• Analyze budget-to-actual variances and report impacts on forecasts.
• Oversee material inventory counts, reconciliations and valuations.
• Support internal and external audits.

Skills

Supervisory experience

Analytical skills

Leadership

Communication skills

Education

Bachelor's degree in Accounting or Finance

APA certification

Tools

SAP

EnergyLink

Job description

Crescent Energy is seeking an experienced Operations Accounting Supervisor to lead our Houston-based accounting team. The role focuses on capital project classification, cost tracking, and allocation for company-owned infrastructure, ensuring COPAS compliance and strong internal controls.

You will oversee cost accounting processes, budgeting analyses, and inventory valuations while collaborating with field operations, engineering, and external auditors.