New Grad, Well Delivery Cost Control, June 2027 (Calgary)

Cenovus Energy•Calgary, AB

12h•Onsite

About The Position

Cenovus’s New Grad Program aims to attract, develop and retain exceptional new grads to build a top talent pipeline for the company. The program provides new grads with a broad understanding of Cenovus’s core business through challenging work assignments, training and development, field exposure, and the opportunity to develop a large network of contacts through networking and mentorship opportunities. Our Program consists of three consecutive 12-month rotational assignments that span Cenovus’s varied Well Delivery business areas. Upon completion of the three-year program, you will be matched to a permanent role within the Well Delivery organization. This role and placement will be based on business need. The Cost Control New Grad position plays a key role in supporting Well Delivery cost structures and reporting through a defined three‑year rotational program across several areas in Well Delivery organization. In this role, learning objectives focus on building a strong understanding of Well Delivery cost structures, sub-functions, and financial reporting processes. This includes exposure to key timelines, workflows, systems, and project cost management principles. The role also provides hands-on experience with daily project cost-control activities. In addition, the Analyst will learn how project cost accruals and forecasting are created, maintained, and reported. The position further supports the development of awareness around continuous improvement and optimization opportunities. Upon completion of the rotation, the New Grad will transition into a permanent placement within the Well Delivery organization. This role is designed as an entry‑level professional learning experience, offering broad exposure to both cost advisor and cost analyst roles and workflows.

Requirements

Legally authorized to work in Canada.
Available to begin work June 2027.
Must have an undergraduate Finance, Commerce, or Computer Science degree obtained by May 31, 2027, and completed within the last 2 years (2025 or 2026).
We acknowledge the value of transferrable skills and may consider equivalent combinations of experience and education should you not meet a specific requirement.

Responsibilities

Program & project cost advisor support (maintenance of cost structures, accrual and forecast workflows and perform project analysis & reporting)
Execute Cost Advisor Workflows and Cost Analyst Workflows
Maintain cost structures in SAP, UpCap, WellView and SiteView.
LEM (labor, equipment, and material) cost ticket verification & processing
Conduct cost reconciliation between Peloton’s WellView and SiteView compared to SAP.
Understand and improve current LEM automation tools.

Benefits

Access to New Grad Program Committees including Learning & Development, Networking & Engagement, Buddy Program, Brown Bag, and the Social Committee.
Various support from direct leaders, program leaders, ambassadors and more.
Three rotations that build a breadth of development and business acumen in future leaders and technical experts.
Learning paths comprising technical and business/professional courses.
Relocation support will be provided as per Cenovus’ internal policies.
Competitive salary, performance-based bonus, vacation time and pension contributions to support your financial future.
Networking & events: Attend career development sessions, build your professional network and engage in volunteer work.
New Grad committee: Enjoy fun and inclusive events that help build community and foster connections across the organization.
Relocation assistance may be available.
Internal course offerings
Education assistance for additional development
Opportunities to work on special projects
Leadership development programs for emerging and established leaders
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.