Senior Regulatory Accountant, Severance Tax

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 Senior Regulatory Accountant Severance Tax to join our Houston-based Accounting organization. This position will be responsible for preparing analyzing and supporting the Companys Texas oil and natural gas severance tax reporting compliance and accounting activities. The role will support monthly and annual tax filings tax accruals account reconciliations audit responses exemption administration and related regulatory reporting requirements.

The ideal candidate will have at least 5 years of accounting experience including at least 3 years of direct Texas severance tax experience and a strong understanding of upstream oil and gas accounting processes. This role requires a collaborative professional who can effectively partner with Revenue Accounting Production Reporting Land Operations and Finance teams while contributing to process improvements strengthening internal controls and ensuring compliance with applicable regulatory requirements. The successful candidate will possess strong knowledge of Texas severance tax regulations production and ownership reporting concepts and upstream oil and gas accounting practices.

This position reports to the Regulatory Accounting Manager.

• Prepare and review Texas oil and natural gas severance tax filings to ensure timely and accurate reporting and payment obligations.
• Maintain compliance with applicable Texas severance tax laws regulations and reporting requirements.
• Prepare monthly severance tax accruals account reconciliations and supporting schedules.
• Analyze production revenue and ownership data utilized 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 strengthen internal controls automate activities and improve the efficiency and scalability of the regulatory accounting function.
• Monitor regulatory developments and assist with implementation of process changes as necessary.
• Serve as a key resource for Texas severance tax matters and provide guidance to internal stakeholders regarding tax reporting requirements and regulatory compliance.

• Bachelors degree in Accounting Finance or a related field.
• 5 years of accounting experience in the upstream oil and gas industry including at least 3 years of direct Texas severance tax experience.
• Strong knowledge of Texas oil and natural gas severance tax regulations and reporting requirements.
• Experience preparing severance tax filings reconciliations and audit support documentation.
• Advanced proficiency with Microsoft Excel.
• Experience with upstream oil and gas accounting systems and ERP platforms required; SAP experience preferred.

• Certified Public Accountant (CPA) or Accredited Petroleum Accountant (APA) designation a plus.
• Experience working with Texas Comptroller audits severance tax exemptions and incentive programs.
• Understanding of production reporting revenue accounting and ownership structures.
• Experience supporting acquisition divestiture and integration activities.
• Demonstrated ability to independently manage recurring compliance and reporting responsibilities.
• Experience identifying and implementing process improvements and control enhancements.

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 .