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Cenovus Energy

Integrated oil sands producer and refiner

Commercial Transactions Analyst

AccountingPosted on Nov 11
Full-timeColumbus, OH, USA

About the Job

Requirements

  • Legally authorized to work in the United States.
  • At least 4 years of progressive experience in accounting, inventory management, or business or financial analysis.
  • A bachelor's degree in Accounting, Finance, Business, or a related field.
  • Strong functional expertise in ETRM systems, specifically RightAngle and Allegro, supporting Canadian Refined Products, US Refined Products, Asphalt, and Fuels transaction actualization and settlement.
  • Experience with physical commodity transaction lifecycles, including volumetric management, pricing, invoicing, settlement, and financial close processes.
  • Ability to partner cross-functionally with Trading, Scheduling, Risk, Accounting, and other stakeholders to resolve issues and ensure end-to-end execution.

Responsibilities

  • Execute accurate and timely transaction actualization activities for US Refined Products, Asphalt, and Canadian Fuels in accordance with established procedures, controls, and compliance requirements.
  • Apply knowledge of physical commodity movements, supporting documentation, and ETRM processes to record, reconcile, and validate transaction data and resolve routine discrepancies.
  • Perform pricing and transaction validation, including reviewing third-party invoices, intercompany pricing, proprietary pricing, and non-risk price curves for accuracy and completeness of commercial records.
  • Use ETRM systems such as RightAngle and Allegro to process transactions, investigate issues, maintain data quality, and support system enhancements and testing when required.
  • Collaborate with Trading, Scheduling, Risk, Accounting, and Business Development teams to resolve transactional issues and support efficient order-to-cash processes.
  • Identify process inefficiencies, support automation initiatives, and recommend enhancements to improve accuracy, efficiency, and control effectiveness.

About the Company

Cenovus Energy

Integrated oil sands producer and refiner

Cenovus Energy is a Canadian energy company that grew by splitting from Encana and concentrating on Alberta oil sands, later expanding through an all-stock deal to acquire Husky Energy. It mines and produces crude oil and natural gas from oil sands assets (like Foster Creek and Christina Lake) and, after acquiring Husky, adds a large refining and upgrading network in Canada and the United States. This combination makes Cenovus an integrated energy player with upstream production and downstream refining capacity. Unlike some peers that focus on either exploration or refining, Cenovus differentiates itself through its integrated model and its strategy of growth via combinations—first a demerger, then a major acquisition—to gain scale and hedge against price swings. The company’s goal is to become a leading, resilient, North American integrated energy company by connecting oil sands production with refining and marketing to create value for shareholders.

Company size
1,001-5,000
Company stage
IPO
Headquarters
Calgary, Canada
Founded
2009

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