Financial Analyst, Material Inventory

Oil Authority; Calgary; On-site; CAD 85,000 - 110,000; Full time

Benefits offered by this job

Paid vacation

Health & dental benefits

Mental health coverage

Life insurance

Disability benefits

Employee assistance

Virtual healthcare

Job summary

Cenovus is seeking a Financial Analyst, Material Inventory to support inventory and PP&E reporting. You will work with Operations, Supply Chain, Capital Projects, and Finance to ensure data integrity, governance, and accurate financial reporting.

The role requires at least 5 years in oil and gas, a relevant degree, and strong accounting skills. You will influence inventory processes and SOX-compliant controls across multiple teams in a dynamic environment.

Qualifications

• Bachelor's degree in Accounting, Finance, or related discipline with CPA preferred.

Responsibilities

• Support governance, financial oversight, and reporting of working capital inventory and PP&E materials inventory across Upstream Onshore Operations and Capital Projects.
• Reconcile inventory and PP&E balances to the Trial Balance and financial reporting systems, ensuring accuracy and completeness.
• Validate inventory reporting and resolve discrepancies across SAP, SCM, FRP, and supporting financial ledgers.
• Develop and maintain inventory accounting processes, including reconciliations, physical counts, write-offs, accruals, and variance analysis.
• Partner with Supply Chain Management, Project Controls, and Finance teams to ensure inventory is accurately tracked, valued, and reported.
• Establish and monitor SOX-compliant controls governing inventory, procurement, accrual, and material transfer processes.
• Ensure appropriate accounting treatment of inventory-related costs, including transportation, refurbishment, project stock, warehouse inventory, and material transfers.
• Drive continuous improvement, standardization, and enhanced governance of inventory controls, reporting, and capital accrual processes for accountable Oil Sands properties.

Skills

Inventory accounting

PP&E accounting

SOX controls

Reconciliations

Financial reporting

Stakeholder engagement

Education

Bachelor's degree in Accounting/Finance

CPA designation preferred

Tools

SAP

SCM

FRP

Job description

Worker Type: EmployeeJob Post End Date: 09/05/2026

About this opportunity:

Reporting to the Manager, Oil Sands Capital Accounting, the Financial Analyst, Material Inventory supports accurate inventory and Property, Plant & Equipment (PP&E) reporting through strong accounting, governance, reconciliation, and controls. Working with Operations, Supply Chain, Capital Projects, and Finance teams, this role helps ensure inventory and capital asset information is complete, reliable, and effectively managed across the business.

What you’ll do:

• Support governance, financial oversight, and reporting of working capital inventory and PP&E materials inventory across Upstream Onshore Operations and Capital Projects.
• Reconcile inventory and PP&E balances to the Trial Balance and financial reporting systems, ensuring accuracy and completeness.
• Validate inventory reporting and resolve discrepancies across SAP, SCM, FRP, and supporting financial ledgers.
• Develop and maintain inventory accounting processes, including reconciliations, physical counts, write-offs, accruals, and variance analysis.
• Partner with Supply Chain Management, Project Controls, and Finance teams to ensure inventory is accurately tracked, valued, and reported.
• Establish and monitor SOX-compliant controls governing inventory, procurement, accrual, and material transfer processes.
• Ensure appropriate accounting treatment of inventory-related costs, including transportation, refurbishment, project stock, warehouse inventory, and material transfers.
• Drive continuous improvement, standardization, and enhanced governance of inventory controls, reporting, and capital accrual processes for accountable Oil Sands properties.

Who you are:

Our ideal candidate will have the following minimum requirements:

• Legally eligible to work in Canada.
• Minimum of 5 years of experience in the oil and gas industry, with a strong foundation in accounting, finance, and upstream operations.
• Bachelor's degree in Accounting, Finance, or related discipline. CPA designation preferred.
• Highly organized, adaptable, and able to manage multiple priorities while delivering results in a fast-paced, deadline-driven environment.
• Strong written and verbal communication skills, with the ability to effectively engage stakeholders at all levels of the organization.
• Experience supporting Upstream Finance functions is considered a strong asset.

We acknowledge the value of transferable skills and may consider equivalent combinations of experience and education should you not meet a specific requirement.

Note: The application deadline for this position is 11:59 PM MT September 4th, 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.

Find Cenovus on LinkedIn, Facebook and Instagram.

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 coverage

Our development philosophy

We foster a culture of continuous learning and development to support employees as they build meaningful careers. We offer a variety of employee development initiatives, including:

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

We actively promote internal job movement, recognizing the value of gaining new perspectives, building connections across teams, and applying expertise in new ways. As a fully integrated energy company, we believe that sharing knowledge across our business and operations creates stronger outcomes—for employees and for the company as a whole.

Our culture

• Our purpose: We energize the world to make people’s lives better.
• Our values:
  • Protect what matters
  • Do it right
  • Make it better
  • Do it together

• Cenovus Cares: We believe in the power of purpose-driven work. Our 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 $10,000 annually.

• Staff resource groups: We have various staff resource groups to help ensure our people feel a sense of belonging and can grow and do their best work. These voluntary groups are employee-led and all groups are open to all staff in all locations.

Equal opportunity employer

We believe a workplace where everyone has merit-based opportunities to grow, achieve career aspirations and feel a sense of belonging benefits our people, our company and the regions where we live and work. We embrace and encourage different perspectives and approaches, which help us make better business decisions. We believe that through this approach, we can solve challenges, seize opportunities and unlock innovative solutions.

To achieve an unbiased and respectful workplace, individuals are evaluated based on qualifications, merit and abilities, and we encourage applications from all qualified candidates. We also acknowledge the value of transferrable skills and may consider equivalent combinations of experience and education should you not meet a specific requirement.

For more information about working at Cenovus, visit cenovus.com.

The requirements of this posting may be modified to support business needs. Title and compensation administration will be based on the skills and capabilities of the successful incumbent.