Job Description
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. The Financial Analyst II is responsible for accounting and reporting related to corporate general ledger accounts, including payroll, compensation, benefits, lease accounting, and corporate accruals, while supporting the monthly, quarterly, and annual close processes. This role ensures accurate financial reporting in compliance with U.S. GAAP, contributes to both internal and external reporting, partners cross-functionally across the organization, and drives process improvements. Key Responsibilities Prepare, review, and analyze journal entries, account reconciliations, and supporting workpapers related to payroll, employee compensation, benefits, bonus accruals, lease accounting, and other corporate general ledger accounts to ensure accuracy and completeness. Account for and analyze payroll-related activity, including salaries, incentive compensation, equity compensation, payroll taxes, benefits, and other employee-related accruals in accordance with
U.S. GAAP.
Assist in direct and indirect tax workflows by providing accounting data, schedules, and supporting documentation to internal and external tax teams on an as-needed basis. Prepare and maintain monthly corporate accruals and related analyses, ensuring timely and accurate recording of expenses. Coordinate with FP&A and department leaders to analyze, track, and report General & Administrative expenses, including variance analysis and accrual support. Support financial reporting processes by preparing supporting schedules and analyses for financial statements, footnotes, and internal and external reporting packages on a monthly, quarterly, and annual basis. Assist with the quarterly close and year-end audit processes, including coordination with external auditors and preparation of audit support. Own and manage the company's lease accounting process, including maintaining lease schedules, recording lease-related journal entries, and ensuring compliance with U.S. GAAP
lease accounting requirements. Ensure compliance with U.S. GAAP and internal corporate accounting policies and procedures. Collaborate with cross-functional teams (e.g., HR, Payroll, FP&A, Treasury, Tax, and Technical Accounting) to support business initiatives, reporting requirements, and resolve accounting issues. Identify and implement process improvements to enhance efficiency, accuracy, and internal controls over financial reporting. Participate in special projects, including system implementations, process automation initiatives, and reporting enhancements, as needed. Qualifications Bachelor's degree in Accounting or Finance required 2-5+ years of relevant accounting experience (public accounting or industry experience preferred) Experience with payroll accounting, compensation accounting, lease accounting, and/or corporate accruals preferred Experience supporting internal and/or external financial reporting, including financial statements and footnotes, preferred Strong understanding of U.S. GAAP
CPA or CPA eligibility preferred Experience with ERP systems (e.g., SAP, Oracle, NetSuite) and advanced Excel skills Strong analytical, organizational, and problem-solving skills Ability to manage multiple priorities and meet deadlines in a fast-paced environment Key Competencies Attention to detail and accuracy Strong communication and collaboration skills Initiative and continuous improvement mindset Ability to work independently and as part of a team Strong sense of ownership and accountability 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. 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. 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. Don't see the job you are looking for? Drop off your contact information and resume and we will reach out to you if we see a job that might be a good fit.