- Location
- Houston, TX, United States of America
- Type
- Full-time
- Department
- Marketing
- Experience
- 10+ years
- Source
- Workday
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 stable cash flows from low-decline production with a deep, high-quality development inventory.
Crescent is a top three producer (by gross operated production) in the Eagle Ford basin. 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 Marketing Accountant to join our Houston-based marketing team. This position will be responsible for the accounting, settlement, analysis, and financial reporting associated with the company’s crude oil, natural gas, and/or natural gas liquids marketing activities.
The ideal candidate will have at least 10 years of oil and gas accounting experience, a strong understanding of commodity contracts and settlement processes, and the ability to work effectively across Accounting, Marketing, Operations and Finance teams. This role requires a detail-oriented professional who can independently manage complex transactions, identify and resolve discrepancies, strengthen internal controls, and provide meaningful financial insight to management.
Key Responsibilities
Manage monthly marketing accounting and settlement activities for crude oil, natural gas and natural gas liquids
Review commercial contracts and ensure transactions are recorded and settled in accordance with contractual terms
Prepare and review monthly revenue, purchase, transportation, gathering, processing, and marketing-related accruals
Reconcile volumes, pricing, invoices, pipeline statements, third-party settlements, and general ledger accounts.
Analyze actual results against estimates and explain material volume, price, timing, and contractual variances.
Prepare customer and counterparty invoices and review vendor invoices for accuracy and compliance with contract terms.
Maintain appropriate documentation and internal controls over marketing accounting and settlement processes.
Identify opportunities to improve accounting processes, strengthen controls, automate recurring activities, and enhance reporting.
Support internal and external audits by preparing schedules, responding to inquiries, and providing supporting documentation.
Required Qualifications
Bachelor’s degree in Accounting, Finance, or a related field.
10 or more years of oil and gas accounting experience.
Significant experience with marketing, revenue, commodity, settlement, or midstream accounting.
Strong knowledge of oil and gas contracts, commodity pricing, volume measurement, deductions, transportation, processing, and settlement concepts.
Ability to manage multiple priorities and consistently meet monthly close and settlement deadlines.
Ability to work independently while collaborating effectively with accounting, commercial, and operational teams.
Preferred Qualifications
Certified Public Accountant is a plus
Experience with both upstream and midstream accounting activities
Experience accounting for natural gas, crude oil, and natural gas liquids transactions
Familiarity with commodity pricing indices, pipeline statements, plant statements, imbalance accounting, and transportation arrangements
Experience with systems such as SAP, Oracle, Enertia, Quorum, RightAngle, Allegro, or similar platforms
Experience supporting acquisitions, divestitures, system conversions, or accounting-process integrations
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 [email protected].