Cenovus Energy

Contract Cost Control Analyst

LocationLloydminster, SK
Job TypeFull-time, Contract, Fixed term contract

About This Job

We’re a Canadian-based 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.

Our shares trade under the symbol CVE and are listed on the Toronto and New York stock exchanges.


The Contract Cost Control Analyst is responsible for maintaining Project cost information database to track Project Cost Performance against budget, committed, and incurred costs. The position will also be required to forecast baselines and report results to Management. The successful candidate will assume a key role in the implementation of a standard project execution process that is aligned with the Project Delivery Model (PDM) process as well as the Cenovus Operational Integrity Management System (COIMS). This role will be working with both third-party contractors (engineering companies, vendors, contractors) and internal clients and requires strong customer service and communication skills to align with the needs of the individual project engineers and team/site leadership.

Throughout the life cycle of the projects, the Contract Cost Control Analyst liaises with various stakeholders such as: Project Planner, Portfolio Reporting, Project Engineering, Technical Engineering teams, Procurement, Finance, Construction and Commissioning Management Team, external EPC contractors and external construction contractors and therefore required to understand and communicate the full project scope of work. Contract Cost Control Analyst will support implementation of department initiatives intended to strive towards continuous improvement, standardization, improvement of integration across functions, gain efficiency, implement new technology, etc.

Responsibilities:

Facilitate review meetings with various internal departments and groups for the purposes of gathering and reviewing project cost and progress information.
Review and update cost reports and spend profiles as required to ensure alignment with budgets and other internal measurements.
Define and finalize Cost Breakdown Structure (CBS) in alignment with coding standards.
Define cost control plan, prepare control documents and templates for use across team including development and implementation of training materials for all stakeholders
Prepare and submit AFE requests for funding approval and complete status checks and follow-ups as required
Define and ensure appropriate cost control metrics are applied to projects.
Monitor and control cost to flag issues, report on variance from plan
Assist Project Engineers in managing key project variables related to cost control, including developing and maintaining cost forecasts for all Project phases
Maintaining cost control and reporting / presentations and providing monthly updates/interpretations on project funding requirements to facilitate project decisions
Support a variety of initiatives from the cost control function including, reporting, cost control process alignment, accruals, forecast and preparation and presentation of long-range plan reporting (LRP).
Support the finance department for month end, forecast, LRP and other functions as requested.
Offer general support to other departments (Tax, Audit, etc.) and other initiatives as required.
Support annual budget planning cycle and LRP development
Support Opportunity Management and overall management of program portfolio


Qualifications:

Must be legally entitled to work in Canada
Superior working knowledge of SAP and advanced skills in MS Office Products (Adobe, Excel, PowerPoint, Outlook, Power BI)
Proficiency with budget forecasting, incurred costs tracking, accruals, commitment and invoicing process for offshore developments
Proficiency developing and facilitating cost control with various stakeholders including project managers, engineering companies, construction management team, external contractors, and other parties as required.
Team player with the proven ability to collaborate and communicate across business functions to achieve goals
Excellent problem solving and facilitation skills with ability to plan, prioritize and deliver quality results.
Uninhibited by challenge, disagreement, and ambiguity, change
Inspires a shared vision and fosters innovation and creativity
Extremely passionate and motivated by cost control management
Strong multi-tasking skills with the ability to prioritize and organize multiple concurrent assignments.
A Bachelor's or Master’s Degree in Business Commerce (or equivalent) with a focus in accounting would be considered an asset

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