Senior Cost Lead

Job Overview

Worker Type:
Employee
Job Post End Date: 07/02/2026

Location:

Flexible within Toledo, OH, Lima, OH, and Superior, WI with occasional travel to other Cenovus sites, including Lloydminster, Alberta.

• 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, 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.

• Legally authorized to work in the United States.
• 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, Eco Sys, Maximo, Primavera P6, and advanced Excel reporting tools.
• Proficiency in leading cross-functional teams and fostering a culture of continuous improvement.
• Ability to communicate complex cost information clearly to both technical and non-technical stakeholders.
• We acknowledge the value of transferrable skills and may consider equivalent combinations of experience and education should you not meet a specific requirement.

• Generous paid vacation
• Annual bonus
• Retirement savings plan matching
• Long-term incentives
• Medical & dental coverage
• Life insurance
• Disability benefits
• Employee assistance program
• Virtual healthcare coverage
• Generous leave of absence programs
• Fitness membership reimbursement

We believe a workplace where everyone has merit-based opportunities to grow, achieve career aspirations and feel a sense of belonging benefits our people, our company and the regions where we live and work. We embrace and encourage different perspectives and approaches, which help us make better business decisions. We believe that through this approach, we can solve challenges, seize opportunities and unlock innovative solutions.

To achieve an unbiased and respectful workplace, individuals are evaluated based on qualifications, merit and abilities, and we encourage applications from all qualified candidates.