Commercial Transaction Manager

Worker Type: Employee

Job Post End Date: 05/01/2026

About this opportunity:

Cenovus Energy has an opportunity for a Commercial Transactions Manager based in Dublin, Ohio, with accountability for end-to-end commercial actualization across U.S. and Canadian refined products portfolios. The role provides single-point accountability for transactional pricing, inventory actuals, fee management, and settlement readiness, partnering across Front, Middle, and Back Office teams to ensure accurate and timely Order-to-Cash execution.

What you’ll do:

• Build and lead a Commercial Transactions team responsible for commercial actualization across U.S. and Canadian refined products portfolios.

• Oversee the accurate and timely execution of commercial transactions, including movements, fees, inventory reconciliation, and settlement readiness.

• Ensure smooth day-to-day transaction operations, resolving issues that impact delivery, invoicing, settlement, or financial reporting.

• Partner with trading, operations, finance, and accounting teams to support a seamless end-to-end Order-to-Cash process.

• Establish strong operating controls and performance metrics to monitor transaction quality, timeliness, and risk.

• Drive improvements in processes, data quality, and systems to increase efficiency and reduce operational risk.

• Support compliance, audit, and internal control requirements by ensuring transactions align with contractual and regulatory expectations.

Who you are:

• Legally authorized to work in the US

• Bachelor’s degree in business, finance, or economics

• 12+ years of progressive experience in commodity marketing, commercial operations, or transaction management within physical energy commodities

• Experience leading or overseeing teams, including coaching, performance management, and work prioritization

• Functional knowledge of ETRM systems (RightAngle and Allegro) supporting physical transaction actualization and settlement

• Strong understanding of physical commodity transaction lifecycles, including volumes, pricing, invoicing, settlement, and financial close

• Demonstrated ability to partner cross-functionally with Trading, Scheduling, Risk, Accounting, and other stakeholders

• Proficiency in Microsoft Office applications

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 April 30, 2026

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 careeropportunities@cenovus.com.

Who we are:

Cenovus is an integrated energy company headquartered in Calgary. We’re committed to maximizing value by developing our assets in a safe, responsible and cost-efficient manner.

We operate in Canada, the United States and the Asia Pacific region. Our downstream operations include upgrading, refining and marketing operations in Canada and the United States. We are currently the largest refiner in Ohio and transport products from our refineries in Lima and Toledo, Ohio and Superior, Wisconsin via pipelines, rail cars and trucks to customers throughout the United States.

Other operations include oil sands projects in northern Alberta, thermal and conventional crude oil and natural gas projects across Western Canada, crude oil production offshore Newfoundland and Labrador and natural gas and liquids production offshore China and Indonesia.

Find Cenovus on LinkedIn, Facebook and Instagram. 

The Cenovus experience

Total rewards

We’re committed to being an employer of choice through competitive compensation and our comprehensive total rewards package, including:

• 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

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.

Our culture

• Our purpose: We energize the world to make people’s lives better.

• Our values:

  • Protect what matters

  • Do it right

  • Make it better

  • Do it together

• Cenovus Cares: We believe in the power of purpose-driven work. Our Employee Giving and Volunteering Program, Cenovus Cares, connects our people to our purpose, inspiring action and elevating impact year-round.

  • Support causes you care about with volunteer opportunities in and outside of work.

  • Earn donation grants while volunteering (up to $1,000 per event).

  • Receive donation matching up to $25,000 annually.

• Staff resource groups: We have various staff resource groups to help ensure our people feel a sense of belonging and can grow and do their best work. These voluntary groups are employee-led and all groups are open to all staff in all locations.

Equal opportunity employer

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

For more information about working at Cenovus, visit cenovus.com.

The requirements of this posting may be modified to support business needs. Title and compensation administration will be based on the skills and capabilities of the successful incumbent.

Interested in this opportunity? Click the Apply link.

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