Sr. Variable Compensation Analyst

OpenText Content Cloud; Waterloo; On-site; CAD 60,000 - 100,000; Full time

Job summary

An established industry player is seeking a Sr. Variable Compensation Analyst to join their dynamic team. This role involves calculating and preparing variable compensation for global business units, ensuring accuracy and timely payments. The ideal candidate will have strong analytical skills and intermediate to advanced Excel capabilities, along with experience in financial analysis or compensation roles. Join a company that values trust, inclusivity, and diversity, and contribute to ongoing process improvements and customer service enhancements. This is a fantastic opportunity to make a significant impact in a supportive work environment.

Qualifications

• 1-2 years of experience in Compensation or financial analysis preferred.
• Ability to establish rapport with business partners and peers.

Responsibilities

• Perform complex calculations for variable compensation payments.
• Resolve escalated issues on payment reports and ensure accuracy.

Skills

Analytical Skills

Excel

Communication Skills

Problem-Solving

Education

Bachelor's degree in Accounting

Bachelor's degree in Finance

Bachelor's degree in Economics

Tools

Xactly

Xactly Analytics

Tableau

Job description

Join to apply for the Sr. Variable Compensation Analyst role at OpenText Content Cloud

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Join to apply for the Sr. Variable Compensation Analyst role at OpenText Content Cloud

Hiring Manager: Brianne Procter

Talent Acquisition Advisor: Nancy Jbeily

Job Code Level: RFP3

Your Impact

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, processing accruals, and analyzing and reconciling variable compensation accounts. The Variable Compensation Analyst may also be called upon to work on special projects throughout the year.

What The Role Offers

• Performs complex calculations for variable compensation payments to sales and/or other qualifying personnel based on plan provisions.
• Resolves escalated issues on payment reports and takes corrective actions to ensure accuracy and timeliness of payments as outlined in the plans.
• Participates in the calculation and preparation of month-end accrials, prepares journal entries, reconciles balance sheet accounts, and investigates & resolves issues.
• Resolves reconciliation issues using multiple systems, maintains or audits information needed to track revenue results.
• Follows up on queries from plan participants, including investigation, analysis, resolution, and communication for internal and external customers.
• Designs and provides training sessions for variable compensation plan participants regarding plan components and calculations.
• Supports special projects, including acquisitions.
• Contributes to ongoing process improvements and customer service enhancement.

What You Need To Succeed

• Ability to establish rapport and effective working relationships with business partners, supervisors, and peers.
• Ability to present ideas clearly and concisely to diverse audiences, both verbally and in writing.
• Strong analytical skills to interpret data and identify relevant issues.
• Intermediate to advanced Excel skills; experience with Xactly, Xactly Analytics, and Tableau is an asset.
• Bachelor’s degree in accounting, finance, economics, or related quantitative discipline; an advanced degree is a plus.
• 1-2 years of experience in Compensation, financial analysis, or a similar role preferred.

Additional Information

OpenText values trust, inclusivity, and diversity. We are committed to providing accommodations for applicants with disabilities during the recruitment process. For assistance, please submit a ticket at Ask HR.

Details

• Seniority level: Mid-Senior level
• Employment type: Full-time
• Job function: Human Resources
• Industry: Software Development

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