Team Lead, Accounts Payable

Cenovus Energy • Calgary, AB

5d

About The Position

We are seeking a Team Lead, Accounts Payable (AP) to manage daily AP operations while promoting accountability, consistency, and continuous improvement. This role oversees invoice processing workflows, leads and supports a team of direct reports, resolves complex issues, and ensures adherence to internal controls. In addition, the position contributes to projects and process enhancements, including system improvements and cross-functional initiatives. The ideal candidate brings experience supporting process improvements or projects and demonstrates the ability to lead, coach, and develop a team with varying levels of experience while maintaining strong operational performance.

Requirements

• Legally authorized to work in Canada
• Bachelor’s degree in accounting, Finance, Business, or a related field, or equivalent experience.
• Minimum of 8 years’ experience in Accounts Payable, accounting, or finance.
• Demonstrated interest in leveraging system tools, automation, and emerging technologies to improve efficiency.

Nice To Haves

• Formal people leadership experience is an asset; candidates without direct leadership experience should demonstrate strong leadership potential through ownership, sound judgment, effective communication, and the ability to support others.
• Experience contributing to projects, process improvements, or system enhancements is preferred.
• Working knowledge of AP processes, internal controls, invoice workflows, and basic tax requirements is an asset.
• Experience with ERP or invoice workflow systems (e.g., SAP, OpenInvoice, Maximo) is preferred.
• Strong organizational skills with the ability to prioritize and manage competing demands effectively.

Responsibilities

• Lead and coordinate daily AP operations, including workload allocation, prioritization, and workflow oversight.
• Manage, coach, and develop team members, fostering accountability, ownership, and continuous learning.
• Oversee performance management, addressing gaps and handling complex or sensitive conversations with fairness.
• Ensure accurate, timely invoice processing and resolution of aging items, exceptions, and workflow issues.
• Resolve complex AP issues and escalations while ensuring compliance with policies, controls, and approvals.
• Partner with Procurement, Finance, Tax, and business stakeholders to address issues and improve outcomes.
• Monitor workload, risks, bottlenecks, providing updates and supporting audit requirements.
• Drive process improvements and support projects, including system enhancements, automation, testing, and documentation updates.

Benefits

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

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level