Financial Analyst, Oil Sands Capital Accounting

Worker Type: Employee. Job Post End Date: 08/29/2026

About this opportunity:

The primary purpose of the Financial Analyst, Oil Sands Capital Accounting, is to ensure the accurate recording, analysis, and reporting of capital expenditures for select oil sands assets. Key responsibilities include recording accruals to reflect incurred costs, preparing and posting adjusting journal entries, and performing detailed analyses to ensure data integrity. The role also involves preparing reports to summarize capital spend, analyzing variances against budget and forecast, and providing clear, insightful commentary to support financial reporting.

What you’ll do:

• Prepare and analyze monthly capital accruals for assigned Oil Sands properties.

• Collaborate with business partners and utilize accrual tools to develop accurate cost estimates, ensuring completeness and reliability of data.

• Perform monthly cost and variance analysis, including clear explanations of capital spend and deviations from budget and forecast.

• Partner with the business to set up and review WBS elements and AFEs for capital projects.

• Support Monthly Performance Management Reporting (PMR) requirements.

• Prepare and post journal entries to ensure accurate financial reporting.

• Participate in quarterly financial statement reviews and provide relevant information for areas of accountability.

• Liaise with tax and audit teams to support inquiries related to capital expenditures.

• Collaborate with the risk team in preparing recoverable cost estimates.

• Prepare quarterly accounting memos related to exploration and evaluation capital spend.

Who you are:

Our ideal candidate will have the following minimum requirements:

• Legally authorized to work in Canada

• Minimum of 5 years of experience in the oil and gas industry, with a focus on finance, accounting, and/or upstream operations.

• Bachelor’s degree in Accounting, Finance, or a related discipline.

• CPA designation is considered an asset.

• Highly organized, adaptable, and able to manage competing priorities to deliver time-sensitive work.

• Strong written and verbal communication skills, with the ability to effectively engage across all levels of the organization.

• Previous experience in upstream finance is considered an asset.

Note: The application deadline for this position is 11:59 PM MT August 28th, 2026.

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.

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.

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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