JV Auditor II
Houston, TX - USA
Job Summary
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. Crescents 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 Joint Venture Auditor II to join our Houston-based Accounting organization. This position will be responsible for conducting joint venture audits across Crescents operated and non-operated asset portfolio. The role will support partner and operator audit activities including hosting audits of Crescent-operated properties and performing audits of third-party operators to ensure compliance with Joint Operating Agreements (JOAs) COPAS Accounting Procedures revenue distribution requirements and other contractual obligations.
The ideal candidate will have at least 3 years of upstream oil and gas accounting and audit experience including exposure to COPAS audits joint interest billings revenue accounting or joint venture accounting. This role requires a detail-oriented professional capable of working collaboratively with Joint Venture Accounting Revenue Accounting Production Accounting Land Operations and Finance teams to identify investigate and resolve audit findings. The successful candidate will possess strong analytical skills sound business judgment and the ability to manage audit assignments with increasing independence.
This position reports to the Operations Accounting Supervisor.
- Conduct audits of non-operated joint ventures including audit testing documentation review exception development and reporting.
- Support and participate in partner audits of Crescent-operated properties including responding to audit requests and preparing supporting documentation.
- Review joint interest billings (JIBs) revenue distributions overhead charges capital expenditures and operating expenses for compliance with Joint Operating Agreements (JOAs) COPAS Accounting Procedures and related contractual requirements.
- Analyze accounting records source documentation contracts AFEs and supporting schedules to identify potential audit exceptions and recovery opportunities.
- Prepare audit workpapers reports exception summaries and supporting documentation for management review.
- Coordinate with Joint Venture Accounting Revenue Accounting Land Operations Supply Chain and Finance personnel to investigate and resolve audit-related matters.
- Assist with settlement discussions and resolution of audit findings with operators and partners.
- Support acquisition divestiture and integration activities through audit and due diligence reviews as needed.
- Identify opportunities to improve audit processes strengthen controls and enhance compliance with contractual obligations.
- Bachelors degree in Accounting Finance or a related field.
- 3 years of upstream oil and gas accounting joint venture accounting revenue accounting audit or related industry experience.
- Working knowledge of Joint Operating Agreements (JOAs) COPAS Accounting Procedures and oil and gas industry accounting practices.
- Experience with joint interest billing reviews revenue accounting joint venture accounting or audit activities.
- Strong analytical research and problem-solving skills.
- Advanced proficiency in Microsoft Excel.
- Experience with oil and gas accounting systems and ERP platforms required; SAP experience preferred.
- Certified Public Accountant (CPA) Accredited Petroleum Accountant (APA) Certified Internal Auditor (CIA) or similar professional designation preferred.
- Active participation in COPAS or related industry organizations.
- Understanding of operated and non-operated joint venture accounting processes.
- Experience working with large data sets and performing accounting analyses.
- Knowledge of upstream accounting functions including joint venture accounting revenue accounting production accounting or AFE administration.
- Experience supporting acquisitions divestitures and integration activities.
- Demonstrated ability to independently manage assignments and meet deadlines in a fast-paced environment.
- Strong communication and interpersonal skills with the ability to collaborate effectively across departments and with external partners.
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 .
Required Experience:
IC