Crescent Energy is seeking an experienced
JIB Supervisor to join our Houston-based Accounting organization. The JIB Supervisor is responsible for leading and overseeing the Company's joint interest billing accounting functions, including joint interest accounting entries, JIB accounts receivable collection efforts, and JIB cash application activities. This role provides leadership, technical guidance, and operational oversight to ensure accurate and timely billings, cash receipt processing, and partner account balances. The JIB Supervisor ensures compliance with Company policies, Joint Operating Agreements (JOAs), COPAS guidelines, and applicable accounting standards while supporting strong internal controls and operational excellence.
Reporting Structure
This position reports to the Manager, Operations and Joint Venture Accounting.
Primary Responsibilities- Supervise, train, and develop the JIB team by assigning work, reviewing deliverables, monitoring deadlines, and providing ongoing coaching
- Lead collaboration with Land, Division Order, Operations Accounting and JV Audit departments to ensure partner billings align with governing JOAs
- Manage overhead application, including annual escalation factors
- Review allocation rates, groups, and SKFs and oversee monthly allocation processes
- Oversee JIB accounts receivable to ensure timely dispute resolution and collection
- Manage cash call workflows, including reviewing and approving cash call invoices, analyzing and tracking cash calls for billing accuracy and payment deadlines and collecting or remitting unutilized cash call funds
- Facilitate changes and coding alignment within EnergyLink
- Review and approve recurring and ad hoc entries
- Review and approve JIB cash applications
- Review account reconciliations for completeness, accuracy, and appropriate analysis
- Lead or collaborate on special projects
- Focus on continuous improvement for accounting processes and procedures
- Establish and maintain effective work relationships with internal staff, auditors, and counterparts at outside operators
- Support internal and external audit requests
Education and Experience Requirements- Minimum of 8 years of accounting experience in the Exploration & Production sector of the oil and gas industry, including significant experience with joint interest billing or non-operated accounting
- Bachelor's degree in Accounting or Finance
Preferred Qualifications- Experience in SAP and EnergyLink
- Prior supervisory experience
- Strong understanding of COPAS accounting guidelines as they relate to properties subject to joint venture agreements
- Strong analytical skills
- Ability to perform detailed work efficiently and accurately
- Ability to organize and prioritize individual and team workloads
- Ability to establish and maintain effective working relationships• Strong verbal and written communication skills, including the ability to communicate effectively on topics ranging from technical accounting to team development
- Proficiency in Microsoft Office, particularly Excel
