A career within External Audit services, will provide you with the opportunity to provide a range of Assurance services and business advice to a variety of clients from small, fast growing clients to large entities. Our clients are often well-known brands and many have broad international reach. We focus on using the latest technology to reduce the level of manual testing ensuring you’ll focus on the most valuable areas of client service and on enhancing corporate governance and the reliability of our clients’ information.

Meaningful work you’ll be a part of

As a Qualified Reserve Engineer, you’ll work as part of a team of problem solvers, helping to solve business issues, deliver high quality client service and operational efficiency. In this important new role, you will serve as a subject matter expert, providing technical insight and performing certain audit procedures to help engagement teams assess the reasonableness of oil and gas reserves and resources estimates prepared by company-employed/engaged qualified reserve engineers (QREs) that impact financial reporting, leveraging your own QP-level expertise. The successful candidate will play a critical role in assisting our audit teams in understanding, obtaining and evaluating audit evidence related to the determination of oil and gas reserves and resources, ensuring compliance with applicable auditing standards over testing estimates and reliance on information prepared by a management specialist or expert. The role requires a deep understanding of reservoir engineering, including experience with conventional, offshore, and/or oil sands operations (both in situ and mining).

The primary objective in this role will be to assist audit engagement teams in assessing the reasonableness of reserve and resource estimates prepared by company-employed and/or externally engaged QRE’s. Key responsibilities in achieving this objective may include but are not limited to:

• Support audit teams in completing risk assessment and scoping procedures required to properly scope the audit approach related to reserve estimates;
• Liaise directly with audit clients and their engaged QREs to understand the client’s process for preparing reserve estimates, including the methodology and models used;
• Interface with external regulators to articulate and support the audit approach to reserves.Assist engagement teams in assessing the design and operating effectiveness of controls related to reserve and resource estimates.
• Assist engagement teams in determining whether the methodology, models used in the reserve and resource evaluations are appropriate and consistent with industry standards including NI 51-101, COGEH and SEC Rules.
• Assist engagement teams in reviewing financial and non-financial data as well as key non-financial assumptions relevant to the determination of reserve volumes and cash flows and assessing whether the data and assumptions have been appropriately incorporated into the reserve and resource estimates. This may involve analyzing geological and reservoir data - such as seismic, well logs, core reports, and geophysical data - conveyed by the client to the QRE.
• Prepare appropriate documentation outlining procedures performed and conclusions reached for inclusion in the audit engagement team’s documentation related to reserve and resource estimates.
• Work closely with the firm’s audit methodology team to build out an effective auditor’s expert function for reserves and resources, including:
• • Determining the nature, timing and extent of procedures to be performed by the auditor experts and identifying the appropriate size and composition of the auditor expert function based on this scoping;
  • Provide training and guidance to audit teams on evaluating methods and assumptions used by specialists.
  • Develop guidance documents and checklists to assist audit teams in performing audit procedures over oil and gas reserve and resource estimates.

Experiences and skills you’ll use to solve

• Minimum of 10 years of progressive related experience in reserve engineering or related oil and gas field of study, with a focus on oil and gas reserves.
• Bachelor’s degree in petroleum engineering, chemical engineering, or a related field.
• Registered as a Professional Engineer (P.Eng) with APEGA.
• Strong understanding of NI 51-101, COGEH, SEC rules for oil and gas reserves.
• Proficiency in geological and reservoir data analysis.
• Experience with conventional oil and gas reserves, unconventional reservoirs, SAGD and oil sands mining.
• Strong understanding of recovery factors and production parameters.
• Experience with industry-standard software (ValNav, Mosaic, Eclipse).
• Familiarity with AER directives.
• Excellent analytical and problem-solving skills with experience using tools such as Power BI, Excel, Tableau, and Python to interpret and visualize complex data.
• Strong communication and documentation skills, including the ability to explain complex technical concepts to non-technical stakeholders.
• Competence in sharing knowledge, teaching skills and explaining concepts clearly.
• PwC Canada is committed to cultivating an inclusive, hybrid work environment. Exact expectations for your team can be discussed with your interviewer.

Why you’ll love PwC

We’re inspiring and empowering our people to change the world. Powered by the latest technology, you’ll be a part of diverse teams helping public and private clients build trust and deliver sustained outcomes. This meaningful work, and our continuous development environment, will take your career to the next level. We reward your impact, and support your wellbeing, through a competitive compensation package, inclusive benefits and flexibility programs that will help you thrive in work and life. Learn more about our Application Process and Total Rewards Package at: https://jobs-ca.pwc.com/ca/en/life-at-pwc

PwC Canada acknowledges that we work and live across Turtle Island, on the land that is now known as Canada, which are the lands of the ancestral, treaty and unceded territories of the First Nations, Métis and Inuit Peoples. We recognize the systemic racism, colonialism and oppression that Indigenous Peoples have experienced and still go through, and we commit to allyship and solidarity.

At PwC Canada, our most valuable asset is our people and we grow stronger as we learn from one another. We’re committed to creating an equitable and inclusive community of solvers where everyone feels that they truly belong. We understand that experience comes in many forms and building trust in society and solving important problems is only possible if we reflect the mosaic of the society we live in.
We’re committed to providing accommodations throughout the application, interview, and employment process. If you require an accommodation to be at your best, please let us know during the application process.