Cenovus Energy

Oil Sands Crown Royalty Analyst

Cenovus Energy$90K — $110K *
Energy & Utilities
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Legally authorized to work in Canada.
  • Bachelor of Commerce (Accounting or Finance) or equivalent experience; CPA designation considered an asset.
  • Minimum 5 years of oil and gas accounting experience.
  • Strong Microsoft Office and SAP skills; Energy Components (EC) knowledge is an asset.
  • Highly analytical with strong problem-solving skills and ability to interpret complex financial information.
  • Demonstrated intellectual curiosity and desire to develop expertise in oil sands royalty accounting.
  • Comfortable presenting complex information to senior leaders.

Responsibilities

  • Prepare and submit regulatory filings and reports to the Alberta Department of Energy.
  • Complete monthly royalty accruals and quarterly variance analysis with stakeholder insights.
  • Analyze financial, operational, and regulatory information for business decision support.
  • Coordinate and submit Oil Sands Royalty project applications to regulatory authorities.
  • Assist in audit requests and support royalty-related queries.
  • Collaborate with accounting teams for accurate royalty and expense reporting.
  • Research and interpret royalty legislation, translating technical requirements into business insights.
  • Support continuous improvement initiatives in processes and reporting.

Benefits

  • Paid vacation including flexible days for eligible staff.
  • Health and dental benefits.
  • Substantial mental health coverage.
  • Life and disability insurance.
  • Employee family assistance program.
  • Virtual healthcare coverage.
Full Job Description
Worker Type: Employee

Job Post End Date: 09/12/2026

About this opportunity:

The Royalty Accounting team is seeking an Oil Sands Crown Royalty Analyst to support one of Cenovus' largest and most strategically important assets. This highly visible role is responsible for the calculation, reporting, analysis, and administration of material oil sands royalty obligations and provides exposure to senior leadership and stakeholders across Finance, Operations, Regulatory, and Treasury. The successful candidate will possess a strong analytical mindset, intellectual curiosity, and a passion for solving complex business and regulatory challenges. This role offers an excellent opportunity to develop deep expertise in the Alberta Oil Sands Royalty framework while contributing to critical business decisions, ensuring regulatory compliance, and supporting continuous improvement initiatives. We are seeking an individual who is motivated to grow their expertise, build long-term value within the organization, and develop into a trusted subject matter expert.

What you'll do:
  • Prepare, review, and submit regulatory filings and reports to the Alberta Department of Energy, including the monthly Good Faith Estimate (GFE), annual End of Period Statement (EOPS), Cost Analysis and Reporting Enhancement (C.A.R.E.) reporting, and other regulatory submissions as required.
  • Complete monthly royalty accruals and quarterly royalty variance analysis, identifying key drivers and providing meaningful insights to stakeholders.
  • Analyze complex financial, operational, and regulatory information to assess royalty impacts, investigate variances, and support business decision-making.
  • Coordinate, prepare (with internal and external input), and submit Oil Sands Royalty project applications to the Alberta Department of Energy.
  • Assist the Audit Coordinator in responding to audit requests and supporting royalty-related queries.
  • Collaborate with Capital and Operating Accounting teams to ensure accurate and timely royalty payable and expense reporting.
  • Research and interpret royalty legislation, regulations, policy updates, and industry developments, translating complex technical requirements into practical business insights and recommendations.
  • Build and maintain effective relationships with stakeholders across Operations, Finance, Treasury, Regulatory and external industry groups.
  • Support continuous improvement initiatives by identifying opportunities to enhance processes, controls, reporting, and data analysis capabilities.


Who you are:

Our ideal candidate will have the following minimum requirements:
  • Legally authorized to work in Canada.
  • Bachelor of Commerce (Accounting or Finance) or equivalent experience; CPA designation considered an asset.
  • Minimum 5 years of oil and gas accounting experience.
  • Strong Microsoft Office and SAP skills. Functional knowledge of Energy Components (EC) would be considered an asset.
  • Highly analytical with strong problem-solving skills and the ability to evaluate and interpret complex financial and regulatory information.
  • Demonstrated intellectual curiosity and a desire to develop deep subject matter expertise in oil sands royalty accounting and regulatory compliance.
  • Comfortable presenting complex information and explaining analyses, impacts, and recommendations to senior leaders and stakeholders.
  • Proven ability to collaborate effectively across multidisciplinary teams and influence outcomes through strong partnerships.
  • Understanding of Steam Assisted Gravity Drainage (SAGD) operations and/or Oil Sands Royalty regulations would be considered an asset.


Note: The application deadline for this position is 11:59 PM MT September 11, 2026.

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.

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.

Interested in this opportunity? Click the Apply link.

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

About Cenovus Energy

Cenovus is a Canadian oil company with oil sands operations in northern Alberta that use specialized methods like SAGD to drill and pump the oil to the surface

Cenovus Energy Careers

Join the dynamic team at Cenovus Energy, a leader in innovative energy solutions, and propel your career into the future. At Cenovus, we are committed to sustainable energy development and are looking for talented professionals eager to make a difference.

Work You’ll Do

At Cenovus Energy, you’ll collaborate with some of the brightest minds in the industry, working together to solve today’s energy challenges with bold, innovative solutions. Our commitment to leadership in sustainability means we are constantly looking for ways to safely and responsibly increase energy efficiency, while expanding our renewable operations.

Innovate and Grow

Step into a role at Cenovus Energy and join a culture of innovation and growth. Here, every position offers the opportunity to explore new pathways in the energy sector, supported by cutting-edge technology and practices. With a focus on diversity and leadership development, our team is equipped to lead and inspire.

Be Part of a Great Team

Cenovus Energy is not just a company; it’s a community. We pride ourselves on a workplace culture that supports professional growth and personal achievement. Employees at Cenovus enjoy competitive benefits, comprehensive diversity training, and a network of driven, capable colleagues committed to environmental stewardship and community engagement.

Future-Proof Your Career

Cenovus Energy offers a plethora of job opportunities, from field operations to corporate functions. Each role is supported by robust training programs and development plans to help you reach your professional goals. Our leadership is committed to nurturing talent through mentorship and providing opportunities for career advancement.

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Whether you’re a seasoned professional looking for a leadership role or a recent graduate interested in an internship, Cenovus Energy has a range of positions to match your skills and interests. We are hiring individuals who are passionate about sustainability and have the drive to excel in a fast-paced, evolving industry.

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Learn more about Cenovus Energy
Size
5,938 employees
Market Cap
$36.1 billion
Industry
Founded
2009
5 Year Trend
+33.3%
NASDAQ

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