Variable Compensation Analyst

23 hours ago

Waterloo, Canada OpenText Full time
Variable Compensation Analyst

Waterloo, ON, CA

OPENTEXT
OpenText is a global leader in information management, where innovation, creativity, and collaboration are the key components of our corporate culture. As a member of our team, you will have the opportunity to partner with the most highly regarded companies in the world, tackle complex issues, and contribute to projects that shape the future of digital transformation.

To participate as an active and valuable member of the Variable Compensation team in the accurate calculation, preparation and communication of variable compensation/performance results for worldwide business units. Reporting to the Sr. Manager, Variable Compensation, this person will be responsible for performing complex variable compensation calculations and processing of accruals and analysis and reconciliation of variable compensation accounts. The Variable Compensation Analyst may also be called upon to work on special projects throughout the year.

What the role offers:

  1. Performs various complex calculations for variable compensation payments to sales and/or other qualifying personnel based on plan provisions.
  2. Resolve escalated issues on payment reports, and takes corrective actions to ensure accuracy and timeliness of payments as outlined in the plans.
  3. Participates in the calculation and preparation of month end accruals, prepares journal entries for posting, reconciles balance sheet accounts and investigates & resolves any issues.
  4. Resolves reconciliation issues using multiple systems. Typically maintains or audits information needed to track revenue related results.
  5. Follows up on any queries from plan participants – investigation, analysis, resolution & communication for internal and external customers.
  6. Designs and provides training sessions as required for variable compensation plan participants regarding commission/incentive plan components, payment calculations and how the plan(s) work.
  7. Support special projects, including acquisitions, as required.
  8. Contributes to the ongoing improvement of department processes and customer service.

What you need to succeed:

  1. Ability to establish rapport and effective working relationships with business partners, supervisors and peers.
  2. Demonstrated ability to present ideas logically and concisely to diverse audiences at all organizational levels, both verbally and in writing.
  3. Ability to analyze and interpret data, and to identify relevant issues in solving business problems.
  4. Intermediate to advanced Excel skills required; experience with Xactly and Xactly Analytics and Tableau also an asset.
  5. Bachelor’s degree in accounting, finance, economics or another related quantitative discipline. Advanced degree desirable.
  6. 1-2 years of experience in Compensation preferred, financial analysis or similar role.

One last thing:

OpenText is more than just a corporation, it's a global community where trust is foundational, the bar is raised, and outcomes are owned.

OpenText's efforts to build an inclusive work environment go beyond simply complying with applicable laws. Our Employment Equity and Diversity Policy provides direction on maintaining a working environment that is inclusive of everyone, regardless of culture, national origin, race, color, gender, gender identification, sexual orientation, family status, age, veteran status, disability, religion, or other basis protected by applicable laws.

If you need assistance and/or a reasonable accommodation due to a disability during the application or recruiting process, please contact us at hr@opentext.com. Our proactive approach fosters collaboration, innovation, and personal growth, enriching OpenText's vibrant workplace.

OPENTEXT -THE INFORMATION COMPANY
We believe that our values are the compass that steers us in the right direction and helps us stay true to our mission. These values will not only guide our everyday decisions but also influence our strategic direction and the way we work. They reflect who we are as individuals and as a collective force, uniting us in our shared purpose.

CREATE THE FUTURE
We create economic growth that is inclusive and sustainable.

BE DESERVING OF TRUST
The world’s most trusted companies trust OpenText, and we demonstrate this in our actions as individuals, as a company, and as technology.

WE, NOT I
We build global communities of purpose and challenge by supporting each other to exceed expectations and solve complex problems.

RAISE THE BAR
We set high standards and exceptions, to learn, to be better.

OWN THE OUTCOME
We tap into our creativity to deliver incredible experiences for customers, to ourselves, and for our planet.

“We believe a workplace should be human above all else. We ask excellence of our employees and reward it by creating an environment that is welcoming, challenging and that encourages real growth and development, not empty platitudes, or trinkets.” - Mark Barrenechea, CEO & CTO

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