Regulatory Accountant

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. 

We are seeking an experienced and detail-oriented Regulatory Accountant to join our Accounting team in the upstream oil and gas sector. This is a mid to senior-level position that will focus on ensuring compliance with various regulatory frameworks, accounting standards, and industry-specific guidelines. The successful candidate will have a strong background in oil & gas financial reporting, regulatory requirements, and the ability to work cross-functionally with various teams to ensure accurate and timely reporting in a fast-paced environment.

Reporting Structure

This position reports directly to the Senior Regulatory Accountant and indirectly to the Division Controller

Primary Responsibilities

• Regulatory Compliance: Ensure compliance with local, national, and international regulations affecting upstream oil and gas accounting. Stay current on regulatory changes and implement necessary adjustments to internal policies and procedures.
• Tax and Royalties: Manage accounting for taxes, royalties, and other obligations specific to the upstream sector, ensuring accurate calculations, timely payments, and proper reporting to regulatory authorities.
• Audit Support: Collaborate with external auditors to provide necessary documentation and insights for annual audits, ensuring a smooth audit process with minimal disruptions.
• Internal Controls: Develop and maintain strong internal controls over financial reporting and regulatory compliance to minimize risk and safeguard assets.
• Policy Development: Contribute to the creation and updating of internal policies and procedures to ensure adherence to regulatory requirements, accounting principles, and operational best practices.
• Cross-functional Collaboration: Work closely with operational teams (geologists, engineers, and project managers) to understand project specifics and provide financial insight on regulatory and accounting implications.
  
  

Education And Experience Requirements

• Bachelors or Masters degree in accounting required
• Minimum 5-8 years of experience in accounting or finance within the upstream oil and gas industry, with a strong understanding of regulatory reporting and compliance.
• Proficient with Microsoft Office products, particularly Excel
• Major ERP system experience is preferred; SAP experience is beneficial
  
  

Personal Attributes and Position Requirements

• Strong communication skills, both written and verbal
• Ability to work on multiple, complex projects, simultaneously with frequent interruptions and see them through to completion with limited supervision
• Motivated, self-directed and results-driven approach to work, also takes ownership of assigned tasks
• Deadline oriented
• Ability to independently develop solutions to problems/challenges as they arise
• Strong attention detail and excellent organizational skills
• Effective in a fast-paced environment, adapting to and managing change in a positive and proactive manner
• Capable of establishing effective working relationships that promote teamwork and collaboration
  
  

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 recruitment@crescentenergyco.com.