Worker Type: New Grad

Job Post End Date: 08/20/2026 Start Date: June 2027 Location: Calgary, AB About this opportunity Cenovus’s New Grad Program aims to attract, develop and retain exceptional new grads to build a top talent pipeline for the company. The program provides new grads with a broad understanding of Cenovus’s core business through challenging work assignments, training and development, field exposure, and the opportunity to develop a large network of contacts through networking and mentorship opportunities. Our Program consists of three consecutive 12-month rotational assignments that span Cenovus’s varied Well Delivery business areas. Upon completion of the three-year program, you will be matched to a permanent role within the Well Delivery organization. This role and placement will be based on business need. The Cost Control New Grad position plays a key role in supporting Well Delivery cost structures and reporting through a defined three‑year rotational program across several areas in Well Delivery organization. In this role, learning objectives focus on building a strong understanding of Well Delivery cost structures, sub-functions, and financial reporting processes. This includes exposure to key timelines, workflows, systems, and project cost management principles. The role also provides hands-on experience with daily project cost-control activities. In addition, the Analyst will learn how project cost accruals and forecasting are created, maintained, and reported. The position further supports the development of awareness around continuous improvement and optimization opportunities. Upon completion of the rotation, the New Grad will transition into a permanent placement within the Well Delivery organization. This role is designed as an entry‑level professional learning experience, offering broad exposure to both cost advisor and cost analyst roles and workflows. Note: The application deadline for this position is August 19th.

What you’ll do

Responsibilities may include: Program & project cost advisor support (maintenance of cost structures, accrual and forecast workflows and perform project analysis & reporting) Execute Cost Advisor Workflows and Cost Analyst Workflows Maintain cost structures in SAP, UpCap, WellView and SiteView.

LEM (labor, equipment, and material) cost ticket verification & processing

Conduct cost reconciliation between Peloton’s WellView and SiteView compared to SAP. Understand and improve current LEM automation tools.

Who you are

Our ideal candidate will have the following minimum qualifications: Legally authorized to work in Canada. Available to begin work June 2027. Must have an undergraduate Finance, Commerce, or Computer Science degree obtained by May 31, 2027, and completed within the last 2 years (2025 or 2026). We acknowledge the value of transferrable skills and may consider equivalent combinations of experience and education should you not meet a specific requirement. 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 campusrelations@cenovus.com. To be considered for a position, please complete all Work Experience fields in the job application in addition to attaching your résumé/CV.

New Grad Program Benefits

Access to New Grad Program Committees including Learning & Development, Networking & Engagement, Buddy Program, Brown Bag, and the Social Committee. Various support from direct leaders, program leaders, ambassadors and more. Three rotations that build a breadth of development and business acumen in future leaders and technical experts. Learning paths comprising technical and business/professional courses.

Relocation

If you will need to relocate for your first rotation/home location, support will be provided as per Cenovus’ internal policies.

Additional information

Please note that only those selected for an interview will be contacted. Learn more about our New Grad Program! 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

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.

New Grad Program

We all want to start our careers on the right foot, and Cenovus Energy’s New Grad Program helps you do exactly that. Through three, 12-month rotations in your chosen discipline, you’ll get access to real-world projects, cutting-edge technology, and mentorship from industry experts.

What we offer

Total rewards: Competitive salary, performance-based bonus, vacation time and pension contributions to support your financial future. Networking & events: Attend career development sessions, build your professional network and engage in volunteer work. New Grad committee: Enjoy fun and inclusive events that help build community and foster connections across the organization. Relocation support: Relocation assistance may be available.

The Cenovus experience

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. Interested in this opportunity? Click the Apply link.