Commercial Transaction Manager

Cenovus EnergyColumbus, OH
Onsite

About The Position

Cenovus Energy has an opportunity for a Commercial Transactions Manager based in Dublin, Ohio, with accountability for end-to-end commercial actualization across U.S. and Canadian refined products portfolios. The role provides single-point accountability for transactional pricing, inventory actuals, fee management, and settlement readiness, partnering across Front, Middle, and Back Office teams to ensure accurate and timely Order-to-Cash execution.

Requirements

  • Legally authorized to work in the US
  • Bachelor’s degree in business, finance, or economics
  • 12+ years of progressive experience in commodity marketing, commercial operations, or transaction management within physical energy commodities
  • Experience leading or overseeing teams, including coaching, performance management, and work prioritization
  • Functional knowledge of ETRM systems (RightAngle and Allegro) supporting physical transaction actualization and settlement
  • Strong understanding of physical commodity transaction lifecycles, including volumes, pricing, invoicing, settlement, and financial close
  • Demonstrated ability to partner cross-functionally with Trading, Scheduling, Risk, Accounting, and other stakeholders
  • Proficiency in Microsoft Office applications

Responsibilities

  • Build and lead a Commercial Transactions team responsible for commercial actualization across U.S. and Canadian refined products portfolios.
  • Oversee the accurate and timely execution of commercial transactions, including movements, fees, inventory reconciliation, and settlement readiness.
  • Ensure smooth day-to-day transaction operations, resolving issues that impact delivery, invoicing, settlement, or financial reporting.
  • Partner with trading, operations, finance, and accounting teams to support a seamless end-to-end Order-to-Cash process.
  • Establish strong operating controls and performance metrics to monitor transaction quality, timeliness, and risk.
  • Drive improvements in processes, data quality, and systems to increase efficiency and reduce operational risk.
  • Support compliance, audit, and internal control requirements by ensuring transactions align with contractual and regulatory expectations.

Benefits

  • Generous paid vacation
  • Annual bonus
  • Retirement savings plan matching
  • Long-term incentives
  • Medical & dental coverage
  • Life insurance
  • Disability benefits
  • Employee assistance program
  • Virtual healthcare coverage
  • Generous leave of absence programs
  • Fitness membership reimbursement
  • Internal course offerings
  • Education assistance for additional development
  • Opportunities to work on special projects
  • Leadership development programs for emerging and established leaders
  • Active promotion of internal job movement
  • Employee Giving and Volunteering Program, Cenovus Cares
  • Donation grants while volunteering (up to $1,000 per event)
  • Donation matching up to $25,000 annually
  • Staff resource groups
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