Business Opportunity Management Specialist

Worker Type: Employee

Job Post End Date: 10/29/2025

About this opportunity:
The Business Opportunity Management Specialist will be part of the broader Business Transformation team accountable for delivering the mid-to-long-term ERP Modernization roadmap with a focus on value creation and working with the Artificial Intelligence (AI) team to embed AI into our processes where it further enhances value or makes Cenovus more cost competitive.

This is an exciting opportunity to be part of a newly created Business Transformation team (BT) that works closely with the various business functions and D&IT to create value, focused on three pillars: 1) ERP Modernization, 2) AI Development and Deployment, and 3) Cost Competitiveness.

This role reports to the Senior Manager, Business Engagement.

What you'll do:
Business Case Management and Development:
Work in conjunction with operational and functional groups throughout the project life cycle including initial problem statement identification through to execution and value creation, lookback and analysis. This includes managing all assigned projects through the Cenovus Capital Allocation Framework and gating process, including option analysis, partnering with other functions as required and ensuring robust business cases are developed prior to recommendation for approval in a resource and cost constrained environment.

Partner with Execution Teams:
Effectively collaborate with D&IT and AI technical teams to ensure alignment with ERP and AI strategies and governance. This includes understanding where data and processes need to first be enhanced or optimized prior to any technical solutions being deployed.

Economics and Modeling:
Ensure that all initiatives are value accretive by achieving Cenovus internal investment metrics and standards, inclusive of enabling the business and operations functions to define the value and ensuring clear KPIs are defined upfront.

Project Management:
Work with Service Providers, D&IT PMO, Project Managers, Business Analysts and other Business Transformation team members to ensure project spending, KPIs and governance are accurately tracked, forecasted and reported.

Interface and Communications with Business Groups
: Continually work with and communicate cross functionally with operations and business functions to align on value accretive opportunities while effectively prioritizing those opportunities across Cenovus and maintaining diligence to guiding principles of the Business Transformation team.

Who you are:
Our ideal candidate will have the following minimum requirements:

• Legally authorized to work in Canada.
• Bachelor's degree from an accredited university.
• Professional accreditation (i.e. CPA, APEGA, CFA, etc.) is an asset.
• Minimum 12 years' experience in and oil and gas environment with project experience being an asset.
• Experience with budget management and/or project economics.
• Broad knowledge of ERP systems, niche applications and/or Artificial Intelligence (AI) tools is an asset.
• Experience with Cenovus is seen as an asset.

Note: Two positions are currently available.

We acknowledge the value of transferrable skills and may consider equivalent combinations of experience and education should you not meet a specific requirement.

Note: The application deadline for this position is 11:59 PM MT October 28, 2025.
Cenovus was ranked one of Canada's Best Employers in 2025. We're committed to being an employer of choice in our industry by offering a competitive total rewards package and employee programs and rewarding career development opportunities. Learn more.

If you require accessibility assistance to complete the on-line application or otherwise apply for an open position with Cenovus, its subsidiaries and affiliates, please email

Who we are:
Ranked as one of Canada's Best Employers in 2025, Cenovus is an integrated energy company headquartered in Calgary. We're committed to maximizing value by developing our assets in a safe, responsible and cost-efficient manner. We operate in Canada, the United States and the Asia Pacific region. Our operations include oil sands projects in northern Alberta, thermal and conventional crude oil and natural gas projects across Western Canada, crude oil production offshore Newfoundland and Labrador and natural gas and liquids production offshore China and Indonesia. Cenovus's downstream operations include upgrading, refining and marketing operations in Canada and the United States.

Find Cenovus on LinkedIn, Facebook and Instagram.

The Cenovus Experience
Total rewards
We're committed to being an employer of choice through competitive compensation and our comprehensive total rewards package, including:

• Paid vacation (including a flex day program for eligible staff)
• Health & dental benefits
• Substantial mental health coverage
• Life insurance
• Disability benefits
• Employee family assistance
• Virtual healthcare coverage

Our development philosophy
We foster a culture of continuous learning and development to support employees as they build meaningful careers. We offer a variety of employee development initiatives, including:

• Internal course offerings
• Education assistance for additional development
• Opportunities to work on special projects
• Leadership development programs for emerging and established leaders

We actively promote internal job movement, recognizing the value of gaining new perspectives, building connections across teams, and applying expertise in new ways. As a fully integrated energy company, we believe that sharing knowledge across our business and operations creates stronger outcomes—for employees and for the company as a whole.

Our culture

• Our purpose: We energize the world to make people's lives better.

• Our values:

• Protect what matters

• Do it right
• Make it better

• Do it together

• Cenovus Cares: We believe in the power of purpose-driven work. Our Employee Giving and Volunteering Program, Cenovus Cares, connects our people to our purpose, inspiring action and elevating impact year-round.

• Support causes you care about with volunteer opportunities in and outside of work.

• Earn donation grants while volunteering (up to $1,000 per event).
• Receive donation matching up to $25,000 annually.
• Staff resource groups: We have various staff resource groups to help ensure our people feel a sense of belonging and can grow and do their best work. These voluntary groups are employee-led and all groups are open to all staff in all locations.

Equal opportunity employer
We believe a workplace where everyone has merit-based opportunities to grow, achieve career aspirations and feel a sense of belonging benefits our people, our company and the regions where we live and work. We embrace and encourage different perspectives and approaches, which help us make better business decisions. We believe that through this approach, we can solve challenges, seize opportunities and unlock innovative solutions.

To achieve an unbiased and respectful workplace, individuals are evaluated based on qualifications, merit and abilities, and we encourage applications from all qualified candidates. We also acknowledge the value of transferrable skills and may consider equivalent combinations of experience and education should you not meet a specific requirement.

For more information about working at Cenovus, visit

The requirements of this posting may be modified to support business needs. Title and compensation administration will be based on the skills and capabilities of the successful incumbent.

Interested in this opportunity? Click the Apply link.

If you are a CURRENT EMPLOYEE, please apply by going to our Internal Career Site.