Sr. Revenue Recognition Analyst

OpenText; Southwestern Ontario; On-site; CAD 77,000 - 115,000; Full time

Job summary

OpenText is seeking a Senior Revenue Recognition Analyst to join our Revenue Recognition team in Canada. You will partner with Billing Operations, Sales, Deal Desk, FP&A, and Finance to ensure accurate revenue recognition and timely reporting across global cloud activities.

You will support month-end close, perform SSP allocations and journal entries, and help drive process improvements that enhance compliance, forecasting, and financial accuracy within a high-growth technology environment.

Qualifications

• Bachelor's degree in Accounting, Finance, or a related field.
• 3-5 years of accounting and/or finance experience.
• Experience with revenue recognition, preferably ASC 606.
• Strong analytical and data analysis skills.
• Advanced Microsoft Excel proficiency.
• Experience with SAP and Salesforce is an asset.
• Experience in the technology, software, or cloud industry is preferred.

Responsibilities

• Review contracts to ensure ASC 606-compliant revenue recognition.
• Calculate percentage-of-completion revenue for services.
• Support month-end and quarter-end close activities.
• Prepare journal entries and SSP allocations.
• Maintain deferred revenue schedules and GL reconciliations.
• Assist with SOX testing and audits.
• Drive process improvements and ad hoc analyses.

Skills

ASC 606

Analytical skills

Accounting experience

Proactive mindset

Education

Bachelor's degree in Accounting or Finance

Tools

Microsoft Excel

SAP

Salesforce

Job description

OpenText - The Information Company

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.

AI-First. Future-Driven. Human-Centered.

At OpenText, AI is at the heart of everything we do—powering innovation, transforming work, and empowering digital knowledge workers. We are hiring talent AI can't replace to help us shape the future of information management. Join us.

Senior Revenue Recognition Analyst

Join OpenText's Revenue Recognition team as a Senior Revenue Recognition Analyst and play a key role in supporting global cloud revenue recognition activities. In this position, you'll partner with teams across Billing Operations, Sales, Deal Desk, FP&A, and Finance to ensure accurate revenue recognition, timely reporting, and compliance with accounting standards.

Your Impact

• Review customer contracts and ensure revenue is recognized in compliance with ASC 606.
• Calculate percentage-of-completion (POC) revenue for professional services engagements.
• Support month-end and quarter-end close activities related to revenue recognition.
• Prepare journal entries, including SSP allocations, in accordance with company policy.
• Maintain deferred revenue schedules and perform GL account reconciliations.
• Investigate and resolve revenue fluctuations in partnership with Billing Operations and Finance.
• Assist with SOX testing, internal and external audits, and audit inquiries.
• Drive process improvements and perform ad hoc analysis to support business decisions.

What the Role Offers

• Exposure to global cloud and software revenue recognition operations.
• Opportunities to collaborate with diverse cross-functional teams across the business.
• Involvement in compliance, audit, forecasting, and financial reporting processes.
• The chance to contribute to process improvement initiatives that drive efficiency and accuracy.

What You Need to Succeed

• Bachelor's degree in Accounting, Finance, or a related field.
• 3-5 years of accounting and/or finance experience.
• Experience with revenue recognition, preferably ASC 606.
• Strong analytical and data analysis skills.
• Advanced Microsoft Excel proficiency.
• Experience with SAP and Salesforce is an asset.
• Experience in the technology, software, or cloud industry is preferred.
• Strong attention to detail, problem-solving abilities, and a proactive mindset.
• Excellent interpersonal skills and the ability to work effectively in a team environment.

One Last Thing

At OpenText, you'll join one of Canada's largest software companies and a global leader in information management. We foster a culture built on collaboration, innovation, and continuous learning, empowering employees to make a meaningful impact while growing their careers.

OpenText's commitment to diversity and inclusion

OpenText's commitment to diversity and inclusion surpasses legal requirements, evident in our Equal Employment Opportunity Statement of Policy which promotes a respectful and empowering environment for employees of all backgrounds, 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 [e-mail]. Our proactive approach fosters collaboration, innovation, and personal growth, enriching OpenText's vibrant workplace.

Compensation

At OpenText, we offer a thoughtfully designed benefits package that supports your physical, emotional, and financial wellbeing. A summary of those benefits can be found on our Why Join Us page. As you move through the hiring process, we’re happy to provide more details about our compensation programs, including variable and commission compensation opportunities for eligible roles, vacation entitlement, and paid time off.

Salary Range

$76,800 - $115,200; Depending on the candidate’s education, experience, skills, geographical location, and alignment with internal equity and external market, actual salary may vary and be higher or lower than the range posted.

AI Usage Disclosure

As part of our commitment to transparency, we use artificial intelligence (AI) tools to assist in various stages of our recruitment process, including resume screening, candidate matching, interview scheduling, and communications. These tools are designed to improve efficiency, reduce bias, and enhance candidate experience. All decisions regarding hiring are made by qualified human professionals, and we continuously monitor our AI systems to ensure fairness and compliance with applicable regulations.