Senior Regulatory Accountant, Texas Severance Tax

Crescent Energy; Houston (TX); On-site; USD 120,000 - 170,000; Full time

Job summary

Crescent Energy is seeking an experienced Senior Regulatory Accountant, Severance Tax to join our Houston-based Accounting organization. This role focuses on Texas severance tax reporting, compliance, and accounting, supporting monthly and annual filings, accruals, and reconciliations.

The ideal candidate has 5+ years of accounting in upstream oil and gas, including 3+ years in Texas severance tax, with strong Excel and ERP experience.

Qualifications

• Bachelor's degree in Accounting, Finance, or a related field.
• 5+ years of accounting experience in the upstream oil and gas industry.
• At least 3 years of direct Texas severance tax experience.

Responsibilities

• Prepare and review Texas severance tax filings to ensure timely and accurate reporting and payments.
• Maintain compliance with Texas severance tax laws, regulations, and reporting requirements.
• Prepare monthly severance tax accruals, account reconciliations, and supporting schedules.
• Analyze production, revenue, and ownership data used in tax calculations and reporting.
• Research and resolve filing discrepancies, reporting variances, and reconciliation issues.
• Assist with month-end, quarter-end, and year-end close activities related to severance tax accounting.
• Support Texas Comptroller audits and regulatory inquiries, including preparation of schedules and supporting documentation.
• Assist in the administration of severance tax exemptions, incentives, and reduced-rate programs, ensuring compliance with applicable requirements.
• Maintain documentation supporting tax filings, exemptions, audit requests, and regulatory compliance activities.
• Partner with Revenue Accounting, Production Reporting, Land, Operations, and Finance teams to ensure reporting accuracy and resolve tax-related issues.
• Support acquisition, divestiture, and integration activities that impact severance tax reporting and compliance.
• Identify opportunities to enhance processes and automate tax reporting.
• Monitor regulatory developments and implement process changes as needed.
• Serve as a key resource for Texas severance tax matters and guidance to internal stakeholders.

Education

Bachelor's degree in Accounting, Finance, or a related field

Tools

Microsoft Excel

SAP

Job description

Crescent Energy is seeking an experienced Senior Regulatory Accountant, Severance Tax to join our Houston-based Accounting organization. This role focuses on Texas severance tax reporting, compliance, and accounting, supporting monthly and annual filings, accruals, and reconciliations.

The ideal candidate has 5+ years of accounting in upstream oil and gas, including 3+ years in Texas severance tax, with strong Excel and ERP experience.