Oil Sands Crown Royalty Analyst

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.

Worker Type:
Employee

Job Post End Date: 09/12/2026

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.

• 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.

• 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…