At a Glance
- Tasks: Support cost tracking and analysis for Well Delivery projects while enhancing verification processes.
- Company: Join a leading oil and gas company focused on innovation and efficiency.
- Benefits: Competitive salary, flexible work environment, and opportunities for professional growth.
- Other info: Dynamic team environment with a focus on process improvement and technology integration.
- Why this job: Make an impact in the energy sector while developing your analytical and financial skills.
- Qualifications: Diploma or degree in Accounting, Finance, or related field; experience in cost control preferred.
The predicted salary is between 62100 - 75900 $ per year.
The Cost Analyst supports the Well Delivery Program Management team by ensuring cost accuracy and providing cost tracking and analysis at the Authorization for Expenditure (AFE) and Job level. This role is responsible for maintaining and enhancing work ticket verification processes, validating vendor and contractor invoices, supporting financial reporting, and performing cost reconciliations. Working collaboratively with Well Delivery teams, Supply Chain Management (SCM), and Finance, the Cost Analyst helps maintain financial accuracy and improve process efficiency. The ideal candidate is detail-oriented, technologically proficient, and capable of working independently while demonstrating strong analytical, organizational, and communication skills.
What you’ll do:
- Maintain and enhance work ticket verification processes through automation to monitor AFE and job-level cost performance
- Independently manage an assigned portfolio of Well Delivery work tickets and lead responses and follow-up activities for the function
- Leverage data tools to review and validate vendor and contractor invoices for accuracy and compliance at scale, resolve discrepancies, and support contractor accounts payable inquiries
- Prepare portfolio reconciliations between SAP and Wellview/Siteview to support forecasting, accruals, and cost reporting
- Deliver cost and performance reporting to Drilling, Completions, Earthworks, and Production execution teams
- Compile and analyze monthly operating expense performance data, verify material transfers and maintain accurate inventory tracking
- Identify and implement process improvements through data-driven analysis to enhance accuracy, efficiency, and cost control
Who you are:
Our ideal candidate will have the following minimum requirements:
- Legally authorized to work in Canada
- Diploma or degree in Accounting, Finance, Computer Science, or a related field
- 2+ years of experience in oil and gas. Cost control, project accounting, or financial operations experience would be preferred
- Understanding of procure-to-pay processes and cost reconciliation
- Experience in SAP and Microsoft Excel
- Exposure to modern data tools
The following will be considered an asset:
- Education or coursework in Data Analytics, Information Systems, or a related discipline
- Experience with large language models (LLMs), Databricks, SQL, Python, or data visualization tools
- Familiarity with process automation, scripting, and financial workflows
- Experience with PDF data extraction and data processing tools
We acknowledge the value of transferrable skills and may consider equivalent combinations of experience and education should you not meet a specific requirement.
Cost Analyst in Calgary employer: Cenovus Energy
Cenovus Energy is an excellent employer that fosters a collaborative and innovative work culture, particularly in the dynamic field of hydrogeology. Located in Calgary, employees benefit from a supportive environment that prioritizes safety and professional growth, offering opportunities to engage with multidisciplinary teams and contribute to meaningful water management solutions across Alberta and Saskatchewan.
