Senior JIB AR Accountant
Crescent Energy · Houston, TX · 1 mo ago
AccountingFull-time
We need to output HTML fragment with sections using for headings: About the role, Responsibilities, Requirements, Qualifications, Skills, Benefits, Pay, Schedule. Only include sections that have real specific content. The posting includes description about company, role, responsibilities, education/experience requirements, preferred qualifications, reporting structure. No explicit Benefits, Pay, Schedule. So we should include sections: About the role (maybe from first paragraph?), Responsibilities, Requirements (Education And Experience Requirements), Qualifications (Preferred Qualifications), Skills (maybe combine analytical skills etc). But we must not repeat job title as heading. Also we should not include boilerplate like EEO etc. Also we should not include application instructions. Also we should not include duplicated lines.
We need to preserve all substantive information. So we need to extract content.
Let's parse the posting:
First paragraph: "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."
Then: "Crescent Energy is seeking an experienced Senior JIB Accounts Receivable Accountant to join our Houston-based Accounting organization. This position will be responsible for leading the Company's joint interest billing (JIB) accounts receivable recovery efforts, including collections, aging management, ownership resolution, and netting activities across Crescent's operated asset portfolio. The role will serve as the primary owner of the JIB accounts receivable process, partnering closely with Joint Venture Accounting, Division Order, Land Administration, Revenue Accounting, Operations, and Finance to improve recoveries, execute netting opportunities, resolve ownership issues, and reduce outstanding receivable balances."
Then: "The ideal candidate will have at least 5 years of upstream oil and gas accounting experience, including exposure to JIB accounting, accounts receivable, ownership management, collections, or joint venture accounting. The successful candidate will possess strong analytical skills, a proactive mindset, and the ability to drive results across multiple stakeholders."
Then: "Reporting Structure This position reports to the Joint Venture Accounting Supervisor."
Then: "Primary Responsibilities 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."
Then: "Education And Experience Requirements Bachelor's degree in Accounting, Finance, Business Administration, or a related field.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.Strong understanding of Joint Operating Agreements (JOAs), ownership structures, and joint interest billing processes.Experience managing aged receivables, collections, payment disputes, and partner communications.Strong analytical, problem-solving, and organizational skills.Advanced proficiency in Microsoft Excel.Experience with oil and gas accounting systems and ERP platforms required; SAP experience preferred."
Then: "Preferred Qualifications Certified Public Accountant (CPA), Accredited Petroleum Accountant (APA), or similar professional designation preferred.Experience with JIB netting programs and ownership-related recovery efforts.Understanding of division order setup, ownership transfers, suspense management, and final deck administration.Experience identifying and resolving unknown owner balances and ownership discrepancies.Demonstrated ability to work effectively across Accounting, Land, Division Order, Revenue, and Operations organizations.Proven track record of improving collections, reducing aged receivables, and driving process improvements."
Then EEO etc.
We need to produce sections:
- About the role: could be the description of the company and role overview (first two paragraphs maybe). Should we include the company description? Probably yes as "About the role". Could also include "Reporting Structure" as part of About the role or separate? But we only have allowed headings; we could put Reporting Structure under About the role as a paragraph.
- Responsibilities: the bullet list of primary responsibilities.
- Requirements: Education And Experience Requirements.
- Qualifications: Preferred Qualifications.
- Skills: maybe combine analytical skills etc from ideal candidate paragraph and also from requirements? But we already have skills in Requirements. Could create a Skills section for strong analytical skills, proactive mindset, ability to drive results across stakeholders, advanced proficiency in Microsoft Excel, etc. However we must not repeat content; we need to preserve all substantive info. If we put skills in Requirements, we might duplicate. Better to separate: Requirements = education and experience; Skills = analytical, problem-solving, organizational, Excel proficiency, etc. Qualifications = preferred qualifications (CPA etc). But we need to ensure we don't miss any info.
Let's extract:
About the role: company overview + role purpose + reporting structure.
Responsibilities: list as given.
Requirements: Bachelor's degree, 5+ years upstream oil and gas accounting, exposure to JIB etc, strong understanding of JOAs, experience managing aged receivables, strong analytical/problem-solving/organizational skills, advanced proficiency in MS Excel, experience with oil and gas accounting systems/ERP, SAP preferred.
Skills: maybe we can include strong analytical skills, proactive mindset, ability to drive results across multiple stakeholders (from ideal candidate). Also strong analytical, problem-solving, organizational skills already in requirements; but we can still include them? Might duplicate. Better to keep skills separate: "Strong analytical skills, proactive mindset, ability to drive results across multiple stakeholders." Also "Advanced proficiency in Microsoft Excel." But Excel is in requirements. Could still include but risk duplication. The instruction: "Preserve ALL substantive information; do NOT invent or summarize away detail." Duplication is not prohibited but maybe better to avoid redundancy. However we need to include all info; if we put Excel only in Requirements, that's fine. The ideal candidate paragraph also mentions strong analytical skills, proactive mindset, ability to drive results across multiple stakeholders. Those are not captured elsewhere (except analytical/problem-solving/organizational skills in requirements). So we can put those in Skills.
Qualifications: Preferred Qualifications list.
We should not include Benefits, Pay, Schedule as they are not present.
Now produce HTML:
.
Now Requirements:
for headings: About the role, Responsibilities, Requirements, Qualifications, Skills, Benefits, Pay, Schedule. Only include sections that have real specific content. The posting includes description about company, role, responsibilities, education/experience requirements, preferred qualifications, reporting structure. No explicit Benefits, Pay, Schedule. So we should include sections: About the role (maybe from first paragraph?), Responsibilities, Requirements (Education And Experience Requirements), Qualifications (Preferred Qualifications), Skills (maybe combine analytical skills etc). But we must not repeat job title as heading. Also we should not include boilerplate like EEO etc. Also we should not include application instructions. Also we should not include duplicated lines.
We need to preserve all substantive information. So we need to extract content.
Let's parse the posting:
First paragraph: "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."
Then: "Crescent Energy is seeking an experienced Senior JIB Accounts Receivable Accountant to join our Houston-based Accounting organization. This position will be responsible for leading the Company's joint interest billing (JIB) accounts receivable recovery efforts, including collections, aging management, ownership resolution, and netting activities across Crescent's operated asset portfolio. The role will serve as the primary owner of the JIB accounts receivable process, partnering closely with Joint Venture Accounting, Division Order, Land Administration, Revenue Accounting, Operations, and Finance to improve recoveries, execute netting opportunities, resolve ownership issues, and reduce outstanding receivable balances."
Then: "The ideal candidate will have at least 5 years of upstream oil and gas accounting experience, including exposure to JIB accounting, accounts receivable, ownership management, collections, or joint venture accounting. The successful candidate will possess strong analytical skills, a proactive mindset, and the ability to drive results across multiple stakeholders."
Then: "Reporting Structure This position reports to the Joint Venture Accounting Supervisor."
Then: "Primary Responsibilities 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."
Then: "Education And Experience Requirements Bachelor's degree in Accounting, Finance, Business Administration, or a related field.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.Strong understanding of Joint Operating Agreements (JOAs), ownership structures, and joint interest billing processes.Experience managing aged receivables, collections, payment disputes, and partner communications.Strong analytical, problem-solving, and organizational skills.Advanced proficiency in Microsoft Excel.Experience with oil and gas accounting systems and ERP platforms required; SAP experience preferred."
Then: "Preferred Qualifications Certified Public Accountant (CPA), Accredited Petroleum Accountant (APA), or similar professional designation preferred.Experience with JIB netting programs and ownership-related recovery efforts.Understanding of division order setup, ownership transfers, suspense management, and final deck administration.Experience identifying and resolving unknown owner balances and ownership discrepancies.Demonstrated ability to work effectively across Accounting, Land, Division Order, Revenue, and Operations organizations.Proven track record of improving collections, reducing aged receivables, and driving process improvements."
Then EEO etc.
We need to produce sections:
- About the role: could be the description of the company and role overview (first two paragraphs maybe). Should we include the company description? Probably yes as "About the role". Could also include "Reporting Structure" as part of About the role or separate? But we only have allowed headings; we could put Reporting Structure under About the role as a paragraph.
- Responsibilities: the bullet list of primary responsibilities.
- Requirements: Education And Experience Requirements.
- Qualifications: Preferred Qualifications.
- Skills: maybe combine analytical skills etc from ideal candidate paragraph and also from requirements? But we already have skills in Requirements. Could create a Skills section for strong analytical skills, proactive mindset, ability to drive results across stakeholders, advanced proficiency in Microsoft Excel, etc. However we must not repeat content; we need to preserve all substantive info. If we put skills in Requirements, we might duplicate. Better to separate: Requirements = education and experience; Skills = analytical, problem-solving, organizational, Excel proficiency, etc. Qualifications = preferred qualifications (CPA etc). But we need to ensure we don't miss any info.
Let's extract:
About the role: company overview + role purpose + reporting structure.
Responsibilities: list as given.
Requirements: Bachelor's degree, 5+ years upstream oil and gas accounting, exposure to JIB etc, strong understanding of JOAs, experience managing aged receivables, strong analytical/problem-solving/organizational skills, advanced proficiency in MS Excel, experience with oil and gas accounting systems/ERP, SAP preferred.
Skills: maybe we can include strong analytical skills, proactive mindset, ability to drive results across multiple stakeholders (from ideal candidate). Also strong analytical, problem-solving, organizational skills already in requirements; but we can still include them? Might duplicate. Better to keep skills separate: "Strong analytical skills, proactive mindset, ability to drive results across multiple stakeholders." Also "Advanced proficiency in Microsoft Excel." But Excel is in requirements. Could still include but risk duplication. The instruction: "Preserve ALL substantive information; do NOT invent or summarize away detail." Duplication is not prohibited but maybe better to avoid redundancy. However we need to include all info; if we put Excel only in Requirements, that's fine. The ideal candidate paragraph also mentions strong analytical skills, proactive mindset, ability to drive results across multiple stakeholders. Those are not captured elsewhere (except analytical/problem-solving/organizational skills in requirements). So we can put those in Skills.
Qualifications: Preferred Qualifications list.
We should not include Benefits, Pay, Schedule as they are not present.
Now produce HTML:
About the role
... company overview ...
This position reports to the Joint Venture Accounting Supervisor.
But we need to avoid repeating job title as heading; fine. Now responsibilities:Responsibilities
- ... each responsibility ...
Requirements
- ... each bullet ...
Skills
- Strong analytical skills
- Proactive mindset
- Ability to drive results across multiple stakeholders
maybe. But the instruction: Use
- for any list of duties/requirements/benefits, and
for prose. So for skills we could use
if it's not a list? But it's a list of skills; better to use
- . It's okay.
Now Qualifications:
Qualifications
- ... each bullet ...
with all sentences. About the role: "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. Crescent Energy is seeking an experienced Senior JIB Accounts Receivable Accountant to join our Houston-based Accounting organization. This position will be responsible for leading the Company's joint interest billing (JIB) accounts receivable recovery efforts, including collections, aging management, ownership resolution, and netting activities across Crescent's operated asset portfolio.
- . It's okay.
Now Qualifications: