Senior JIB AR Accountant
Crescent Energy - Houston, TX
Hiring: Senior JIB AR Accountant Company: Crescent Energy Location: Houston, TX Job Posted Time: 2026-09-16 14:26:29 Target Skills & Keywords : Microsoft Excel, Risk Management, SAP About the job Experience: •5 years of upstream oil and gas accounting experience •5+ years of upstream oil and gas accounting experience with exposure to JIB accounting, accounts receivable, collections, owner relations, division order, or joint venture accounting. •At least 5 years of upstream oil and gas accounting experience Required Skills: •Lead Crescent's JIB accounts receivable process, including aging analysis, collections, dispute resolution, recovery initiatives, and management reporting. •Own the Company's JIB netting process, including identification of opportunities, coordination with Division Order and Revenue Accounting, execution of netting transactions, and tracking of recoveries. •Serve as the primary liaison to Division Order and Land Administration to resolve ownership-related collection issues, facilitate final JIB deck transfers, and improve owner setup timeliness. •Lead efforts to identify, track, and resolve unknown owner balances, ownership discrepancies, legacy balances, and other items impacting collectability. •Develop and execute collection strategies for difficult-to-collect accounts, including partner outreach, escalation efforts, and demand letter administration. •Monitor collection performance, aging trends, and partner payment behavior to identify risks and improve recovery rates. •Identify opportunities to improve processes, strengthen controls, and enhance cross-functional coordination to reduce receivable exposure. Qualifications: •Bachelor's degree in Accounting, Finance, Business Administration, or a related field. •In-depth knowledge of Joint Operating Agreements (JOAs), ownership structures, and joint interest billing processes. •Strong analytical, problem-solving, and organizational skills. •Advanced proficiency in Microsoft Excel. •Certified Public Accountant (CPA), Accredited Petroleum Accountant (APA), or similar professional designation preferred. •Understanding of division order setup, ownership transfers, suspense management, and final deck administration. •Demonstrated ability to work effectively across Accounting, Land, Division Order, Revenue, and Operations organizations. •Demonstrated success in improving collections, reducing aged receivables, and driving process improvements. Interested candidates, please apply directly through the job posting on company's career page or try via AI auto apply on this platform. Don't miss this opportunity to join a forward-thinking team!