About this opportunity:

The Program Cost Controls Advisor will be responsible for providing project cost control and support for Well Delivery managed programs. The successful individual would be self-motivated, possess strong problem skills, and thrives in a collaborative environment.

Responsibilities:

Coordinate with project management and execution teams to capture costs for upstream capital programs including:

• Establish and maintain cost breakdown structure to monitor and steward budgets at the AFE level of detail

• Raise and supplement all project AFEs

• Assist execution teams with monthly accruals and perform quality checks

• Ensure forecast is consistent with project schedule, trends, and scope changes

• Implement and maintain project cost tracking tool (UpCap) to monitor and analyze project forecast, budget, actuals, and author monthly cost variance narratives

• Compare actual project costs to forecast and/or project gate approved budget to identify variances and trends

• Review field tickets for coding where required

Project Reporting:

• Maintain project change log and approval documentation

• Support lessons learned identification and application to future year’s programs

• Risk tracking as it applies to flash trend identification and coordination of risk reviews

• Prepare project execution dashboards and performance reports including: KPI’s, costs, change management and risk

• Compilation and review of monthly program report for Program Management and the Well Delivery Leadership Team

Project Approvals, Budgeting, Funding:

• Maintain project benchmarks on a per well basis

• Support scenario development for early budgetary reviews with Project Management guidance

• Develop program cost estimates with discipline and function input aligned to the Capital Governance Framework

• Responsible for cost estimate and forecast development in the Integrated Project Execution Plan

• Interface with project management and business opportunity managers to support development of project gate reviews

• Identify and reflect budget adds and cuts based on revisions and coordinate approvals as required

Interface Management:

• Interface with schedulers to understand project timelines, risks and ensure cost forecasts are appropriate

• Coordination with Project Manager, Execution Teams, Finance, Enabling Teams, Corporate Planning, and other groups as required

Key Stakeholders:

• Functional reporting to Cost Controls Manager with responsibility to maintain standardized practices within the Well Delivery Program Integration team

• Accountable to Project Managers

Qualifications:

• Must be legally entitled to work in Canada

• Well-developed communication and interpretation skills

• Ability to work independently and collaboratively in a multi-disciplinary team

• 5+ years cost controls experience on medium to large project portfolios

• 5+ years oil and gas experience preferably with drilling, completions, and seismic programs

• Exceptional MS Excel skills

• Working knowledge of SAP and Spotfire is an asset

• MS Project or Primavera skills would be an asset

• Project Control (estimating, cost control) experience would be an asset

Note: The application deadline for this position is 11:59 PM MT November 10, 2023.

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 careeropportunities@cenovus.com.

About Cenovus:

We’re a Canadian-based integrated energy company headquartered in Calgary. We’re committed to maximizing value by sustainably developing our assets in a safe, innovative and cost-efficient manner, integrating environmental, social and governance considerations into our business plans.

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For more information, please visit cenovus.com

At Cenovus, we embrace diversity of thought, experience and backgrounds to help us make better business decisions, address our challenges, seize opportunities and unlock innovative solutions. We’re committed to building a diverse, equitable and inclusive workplace where people feel respected, valued and engaged. We strive for a collaborative, physically and psychologically safe environment where you can be yourself, feel a sense of belonging and thrive. For more information, including details on our inclusion and diversity targets and networks, 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.

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