Job Description
Job Description
Job Description
Daily Production Review & Asset Stewardship
- Serve as the primary Production Accounting representative for an assigned portfolio of operated asset ensuring reported production accurately reflects field operations.
- Monitor production exceptions, allocation variances, and production anomalies, proactively investigating and resolving issues before month-end close.
- Partner with Lease Operators, Foremen, Superintendents, and Measurement personnel to resolve production issues impacting reporting accuracy.
- Participate in recurring operational meetings to review production performance, upcoming activities, discuss issues, and coordinate corrective actions.
- Develop a thorough understanding of assigned assets and provide production accounting guidance to operational stakeholders.
Month-End Production Accounting & Allocations - Perform month-end production accounting activities for an assigned portfolio of operated assets.
- Maintain allocation networks, allocation factors, ownership relationships, and production accounting master data.
- Review and reconcile production volumes, purchaser statements, and allocated sales volumes to ensure accurate financial and operational reporting.
- Investigate and resolve production accounting discrepancies identified during the month-end close process.
- Maintain documentation and supporting records in accordance with SOX controls and established Production Accounting procedures.
- Complete production close activities within established deadlines while supporting acquisitions, divestitures, and other asset transitions.
Production Exception Management & Data Integrity - Investigate production imbalances, allocation exceptions, and reporting discrepancies.
- Perform root cause analysis and implement sustainable corrective actions.
- Reconcile production to sales, inventory, and disposition volumes.
- Analyze production trends to identify recurring operational or accounting issues.
- Coordinate with Measurement to resolve issues affecting production data quality.
- Maintain accurate production master data supporting operational, financial, and regulatory reporting.
Business Partnership & Regulatory Support - Partner with Operations, Engineering, Revenue, Regulatory, Land, and Marketing to ensure accurate production reporting.
- Provide production accounting support to the Production Reporting Coordinator by validating production volumes and researching discrepancies supporting Texas Railroad Commission, Utah, ONRR OGOR, EIA, and other regulatory reporting obligations.
- Communicate production risks, reporting impacts, and operational issues to management and stakeholders.
- Support internal and external audits related to production accounting.
Systems, Continuous Improvement & Acquisition Integration - Support testing of ProCount enhancements and production accounting process improvements.
- Identify opportunities to automate workflows and improve allocation efficiency.
- Document standardized business processes and promote operational consistency.
- Build and validate allocation networks for newly acquired assets.
- Support the production accounting integration of acquired assets, including production master data validation.
- Promote standardized production accounting practices across Crescent.
Education & Experience Required
- Bachelor's degree in Accounting, Finance, Energy Commerce, Engineering, or equivalent experience.
- Three or more years of upstream oil and gas production accounting experience.
- Experience with ProCount or comparable production accounting software.
- Strong understanding of production allocations, reconciliations, production reporting, and upstream operations.
- Excellent analytical, communication, and problem-solving skills.
Preferred
- Experience supporting acquisitions and asset integrations.
- Experience with Carte, SQL, Power BI, or similar analytical tools.
- Knowledge of production regulatory reporting processes.
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