Cenovus Energy

Senior Cost Lead

Cenovus Energy$100K — $130K *
Lima, OH 45801In-Person
Energy & Utilities
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • Legally authorized to work in the US.
  • Bachelor's degree in Engineering, Construction Management, Finance, or a related discipline.
  • 8+ years of related experience in project cost engineering or project management.
  • Experience with project controls systems such as SAP, EcoSys, Maximo, Primavera P6.
  • Advanced skills in Excel reporting tools.

Responsibilities

  • Lead the Cost Control function across Front-End Development and Project Execution.
  • Provide functional leadership and oversight for internal cost engineers and external service providers.
  • Own and improve project cost management processes, including budgeting and forecasting.
  • Ensure project budgets reflect approved scope, contractor progress, and risks.
  • Deliver timely, accurate reporting and analytics to inform decision-making.
  • Partner with various teams to align project controls and advance cost competitiveness.

Benefits

  • Flexible work location between Toledo, OH, Lima, OH, or Superior, WI.
  • Occasional travel to other Cenovus sites, including Lloydminster, Alberta.
  • Opportunities for professional development and continuous improvement initiatives.
Full Job Description
Worker Type: Employee

Job Post End Date: 07/02/2026

About this opportunity:

Cenovus is seeking a Senior Cost Lead to serve as the functional leader for the Cost Control discipline across Downstream Site Project Execution and Front-End Development (FED), providing strategic leadership, governance, and accountability for cost management performance across a diverse project portfolio. Reporting to the Project Controls Manager, this high-impact leadership role is responsible for the development, continuous improvement, and execution of cost tracking, analysis, forecasting, reporting, and change management processes that deliver accurate, value-added insights to improve project performance, portfolio management, and project-related financial decision-making. The successful candidate will drive cost-efficient, lean, and system-optimized use of cost control resources while fostering predictable and competitive business performance through strong cross-functional integration with Project Management, Engineering, Supply Chain, Construction, contractors, and Finance. Location is flexible between Toledo, OH, Lima, OH, or Superior, WI, with occasional travel to other Cenovus sites, including Lloydminster, Alberta.

What you'll do:
  • Lead the Cost Control function across Front-End Development (FED) and Project Execution, providing governance, strategic direction, and accountability for cost management performance throughout the project lifecycle.
  • Provide functional leadership, coaching, and oversight for internal Cost Engineers, contract resources, and third-party service providers, ensuring consistent application of standards, high-quality deliverables, and strong individual and team performance.
  • Own and continuously improve project cost management processes, including budgeting, commitments, actual costs, forecasting, cash flow, change management, variance analysis and performance reporting to support disciplined capital stewardship.
  • Ensure project budgets and forecasts accurately reflect approved scope, schedule performance, contractor progress, changes, risks, and opportunities, while integrating risk assessments into project and portfolio financial outlooks.
  • Deliver timely, accurate, and decision-focused reporting and analytics that provide actionable insights into project performance, portfolio health, cost trends, risks, and opportunities, enabling informed leadership and decision making.
  • Partner with Project Managers, Front-End Development, Engineering, Estimating, Scheduling, Supply Chain, Construction, and Finance and external contractors to drive integrated project controls alignment, challenge cost performance, and advance cost competitiveness through benchmarking, lessons learned, and continuous improvement initiatives.


Who you are:
  • Legally authorized to work in the US.
  • Bachelor's degree in Engineering, Construction Management, Finance, or a related discipline.
  • 8+ years of related experience, including progressive experience in project cost engineering, project controls, or project management.
  • Working knowledge of project controls systems such as SAP, EcoSys, Maximo, Primavera P6, and advanced Excel reporting tools.


We acknowledge the value of transferrable skills and may consider equivalent combinations of experience and education should you not meet a specific requirement.

Note: The application deadline for this position is 11:59 PM MT JULY 1, 2026.

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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 [redacted].

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.

Explore Job Opportunities and Internships

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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