Crescent Energy is seeking an experienced
Accounts Payable Manager to lead our Houston-based Accounts Payable function. This position is responsible for the overall management, oversight, and strategic direction of the accounts payable organization, ensuring the accurate, compliant, and timely processing of vendor payments, employee expenses, and related financial transactions. The role will provide leadership to the Accounts Payable team while partnering closely with Accounting, Treasury, Supply Chain, Operations, IT, and executive leadership.
The ideal candidate will possess strong leadership capabilities, deep accounts payable and accounting knowledge, and experience managing high-volume transaction environments. This individual will drive operational excellence, strengthen internal controls, support business growth initiatives, and lead transformation efforts through process optimization, automation, and system enhancements. The successful candidate will have extensive experience utilizing
SAP, OpenInvoice, and OpenTicket and will foster a culture of accountability, continuous improvement, customer service, and operational efficiency.
Reporting StructureThis position reports to the Controller - Operations Accounting.
Primary Responsibilities- Lead, develop, and manage the Accounts Payable function, including supervisors, specialists, and support staff.
- Establish departmental goals, performance metrics, and service level expectations that align with company objectives.
- Oversee the timely and accurate processing of vendor invoices, employee expense reports, and payment transactions through SAP and OpenInvoice.
- Ensure compliance with company policies, accounting standards, SOX requirements, and internal control frameworks.
- Direct payment activities, including ACH, wire transfers, checks, and other electronic payment methods.
- Manage vendor master data governance, onboarding processes, and vendor compliance requirements.
- Partner with Treasury to optimize cash management and payment strategies.
- Collaborate with Operations, Supply Chain, Accounting, and business stakeholders to resolve complex invoice, payment, and vendor issues.
- Oversee monthly, quarterly, and annual close activities related to accounts payable, including accruals, reconciliations, and reporting.
- Monitor AP aging, cash requirements, payment trends, and other key performance indicators.
- Develop and maintain management reporting and dashboards to support decision-making and operational performance.
- Lead department process improvement initiatives focused on workflow efficiency, automation, and scalability.
- Evaluate and implement system enhancements and technology solutions to improve accounts payable operations.
- Support acquisitions, divestitures, and integration activities, including harmonization of accounts payable processes and systems.
- Coordinate internal and external audit activities and ensure timely delivery of requested documentation.
- Serve as the primary escalation point for critical vendor, system, compliance, and payment-related issues.
- Build strong relationships with vendors and internal stakeholders to enhance service levels and operational effectiveness.
- Manage departmental budgets, staffing plans, and resource allocation.
- Mentor and develop team members through coaching, training, succession planning, and performance management.
Education and Experience Requirements- Bachelor's degree in Accounting, Finance, Business Administration, or a related field.
- 10+ years of progressive accounts payable and accounting experience.
- Minimum 5 years of leadership experience leading accounts payable teams.
- Experience overseeing high-volume, multi-entity accounts payable operations.
- Strong knowledge of accounting principles, accounts payable processes, and internal controls.
- Experience with SAP required.
- Experience utilizing OpenInvoice and OpenTicket required.
- Advanced proficiency in Microsoft Excel, including pivot tables, lookups, and data analysis.
- Demonstrated experience managing process improvement, automation, or system implementation projects.
Preferred Qualifications- Experience in the upstream oil and gas industry preferred.
- Strong understanding of SOX compliance and public company control environments.
- Experience supporting mergers, acquisitions, and post-acquisition integrations.
- Knowledge of electronic invoicing platforms, workflow automation tools, and procure-to-pay processes.
- Proven success leading large-scale process transformation initiatives.
- Strong analytical, problem-solving, and decision-making skills.
- Excellent communication, leadership, and stakeholder management abilities.
- Ability to influence across all levels of the organization.
- Experience building and developing high-performing teams.
