Senior Budgets & Forecast Analyst

Cenovus Energy; Calgary; On-site; CAD 90,000 - 140,000; Full time

Benefits offered by this job

Paid vacation

Health benefits

Mental health coverage

Life insurance

Disability benefits

Employee assistance program

Virtual healthcare

Job summary

Cenovus Energy in Calgary is seeking a Senior Analyst, Budgets & Forecast to support the delivery of forecasts, annual budget, and executive reporting. You will consolidate monthly forecasts, perform variance analyses, and translate financial data into insights for senior leaders in a fast-paced, collaborative environment.

You will work with SAP/BPC, PlanningSpace, and Power BI to enhance models, drive cross-functional initiatives, and support acquisitions or corporate planning activities.

Qualifications

• University degree in Accounting, Finance, CPA or CFA designation.
• Minimum 8+ years of experience in business analysis, financial reporting, budgeting and forecasting, or management and performance reporting.
• Strong analytical, problem-solving, and decision-making skills, with attention to detail and accuracy.
• Superior written and verbal communication skills, with the ability to present complex information clearly to diverse audiences.

Responsibilities

• Consolidate, analyze, and report Cenovus monthly forecasts and annual budget for executive and Board reporting.
• Complete detailed financial variance analysis to assess impacts of forecast and budget assumptions.
• Prepare and communicate operational and financial insights to support timely and effective decision-making.
• Prepare monthly corporate performance scorecard updates for the executive team.
• Represent Budgets & Forecast on cross-functional initiatives to support process improvements and data-driven solutions.
• Interpret and develop forward-looking accounting and planning processes to ensure alignment with historical results.
• Maintain and enhance consolidation models used for scenario analysis and working capital planning.
• Support acquisitions, divestitures, and other corporate initiatives by assessing budget and planning implications.

Skills

Financial analysis

Budgeting

Forecasting

Data interpretation

Communication

Cross-functional collaboration

Attention to detail

Education

Bachelor's degree in Accounting or Finance

CPA or CFA designation

Tools

SAP/BPC

PlanningSpace

WDesk

Power BI

Job description

Worker Type: Employee Job Post End Date: 08/28/2026

About this opportunity

Reporting to the Senior Manager, Budgets & Forecast, the Senior Analyst, Budgets & Forecast supports the delivery of the Company's forecasts, annual budget, corporate performance scorecard, and executive reporting. This role provides exposure to operational and financial planning data across Cenovus's portfolio and opportunities to collaborate with stakeholders across Corporate Planning and partner groups. The successful candidate will be a highly organized and analytical professional with strong systems and data capabilities. They will be able to translate complex financial information into clear insights for senior leaders and thrive in a fast-paced, collaborative environment with competing priorities and deadlines.

What you’ll do

• Consolidate, analyze, and report Cenovus monthly forecasts and annual budget for executive and Board reporting.
• Complete detailed financial variance analysis to assess the impacts of forecast and budget assumptions.
• Prepare and communicate operational and financial insights to support timely and effective decision-making.
• Prepare monthly corporate performance scorecard updates for the executive team.
• Represent Budgets & Forecast on cross-functional initiatives to support process improvements and data-driven solutions.
• Interpret and develop forward-looking accounting and planning processes to ensure alignment with historical results.
• Maintain and enhance consolidation models used for scenario analysis and working capital planning.
• Support acquisitions, divestitures, and other corporate initiatives by assessing budget and planning implications.

Who you are

• Legally authorized to work in Canada.
• University degree in Accounting, Finance, or a related field, along with a CPA or CFA designation.
• Minimum 8+ years of experience in business analysis, financial reporting, budgeting and forecasting, or management and performance reporting.
• Strong analytical, problem-solving, and decision-making skills, with a high degree of attention to detail and accuracy.
• Superior written and verbal communication skills, with the ability to present complex information clearly to diverse audiences.
• Self-motivated professional with a positive attitude and demonstrated ability to deliver results in a fast-paced, deadline-driven environment.
• Strong organizational and time management skills, with the ability to manage competing priorities effectively.
• Proven ability to engage and influence cross-functional teams, including senior leaders.
• Experience with SAP/BPC, PlanningSpace, WDesk, Power BI, or similar applications is considered an asset.

Note: The application deadline for this position is 11:59 PM MT August 27, 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.

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.

Total rewards

• 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

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.

Additional company information

We are a Canadian-based integrated energy company headquartered in Calgary. We’re committed to maximizing value by developing our assets in a safe, innovative and cost-efficient manner, integrating environmental, social and governance considerations into our business plans. 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. Our shares trade under the symbol CVE, and are listed on the Toronto and New York stock exchanges.