Director, Conventional Finance

About this opportunity:

Reporting to the Senior Vice President, Operations Controller, the Director, Conventional Finance is a key leadership role within the Controllers organization. This position leads a team responsible for the day-to-day accounting of Conventional business activities while overseeing the development, measurement, and delivery of business plans aligned with both Corporate and Conventional business strategies. As a member of the Conventional business unit finance leadership team, the Director serves as a strategic partner for executive leadership, providing financial insight and guidance to support decision-making. This role also collaborates closely with Finance & Risk and Strategy & Planning teams to lead the monthly financial and operational review process—assessing performance against plan, identifying material variances, and driving alignment on mitigation strategies to close gaps.

What you’ll do:

• Lead day-to-day accounting, financial reporting, and internal controls for the Conventional business, ensuring accuracy, compliance, and audit readiness

• Partner with business leaders to monitor financial and operational performance, analyze variances, and drive corrective actions to achieve plan

• Deliver clear, cohesive reporting and insights (quantitative and qualitative) to senior leadership, including monthly performance reviews and Board-level reporting

• Oversee forecasting, budgeting, and long-range planning processes, ensuring alignment with corporate strategy, capital framework, and business priorities

• Translate strategic objectives into actionable financial plans, targets, and value creation initiatives across production, capital, operating, and G&A spend

• Lead cross-functional collaboration with Finance & Risk, Strategy & Planning, HR, and business teams to align on performance, workforce planning, and investment priorities

• Maintain and prioritize capital investment tracking (adds/cuts) and support Investment Committee decision-making

• Ensure compliance with regulatory requirements and support external financial disclosures, including quarterly and annual statements and MD&A

• Align business planning inputs and methodologies with corporate standards, including price decks, evaluation frameworks, and risk assumptions

• Build, coach, and develop a high-performing team, fostering accountability, clarity, and continuous development

Who you are:

Our ideal candidate will have the following minimum requirements:

• Legally authorized to work in Canada

• Minimum of 15+ years of relevant industry experience

• Strong financial acumen with a focus on value creation through asset development, planning and execution, and economic evaluation of trade-offs

• Extensive knowledge of upstream oil and gas, including development, production, projects, and operations

• Solid understanding of market expectations and key value drivers from an external shareholder perspective

• Advanced analytical and economic modeling capabilities

• Excellent written and verbal communication skills, with the ability to engage effectively at senior leadership and Board levels

• Proven ability to work both independently and collaboratively with senior leaders

• Ability to distill complex information into clear, concise messaging for internal and external audiences

• Skilled at influencing and leveraging subject matter expertise across the organization

Note: The application deadline for this position is 11:59 PM MT July 14, 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.  

If you require accessibility assistance to complete the on-line application or otherwise apply for an open position with Cenovus, its subsidiaries and affiliates, please email [email protected].

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.

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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 $25,000 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.

Interested in this opportunity? Click the Apply link.

If you are a CURRENT EMPLOYEE, please apply by going to our Internal Career Site.