Sr. Variable Compensation Analyst

OpenText; Waterloo; On-site; CAD 84,000 - 100,000; Full time

Job summary

OpenText is seeking a Senior Variable Compensation Analyst to join their team in Waterloo, Ontario. The role involves performing complex compensation calculations and analysis while supporting various departments in achieving optimal performance. Candidates should have a bachelor's degree in a quantitative discipline and experience in financial analysis. This position offers a competitive salary within the market range, alongside a collaborative and innovative work environment.

Qualifications

• 1-2 years of experience in compensation, financial analysis or similar role.
• Intermediate to advanced Excel skills required.
• Ability to analyze and interpret data.

Responsibilities

• Perform complex variable compensation calculations.
• Prepare month end accruals and journal entries.
• Design training sessions for compensation plans.

Skills

Excel

Financial Analysis

Compensation

Data Analysis

Education

Bachelor’s degree in accounting, finance, economics or related quantitative discipline

Tools

Xactly

Tableau

Job description

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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.

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're hiring talent AI can't replace to help us shape the future of information management. Join us.

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.

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're hiring talent AI can't replace to help us shape the future of information management. Join us.

Your Impact

As Variable Compensation Analyst you will 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

• Performs various complex calculations for variable compensation payments to sales and/or other qualifying personnel based on plan provisions.
• Resolve 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 accruals, prepares journal entries for posting, reconciles balance sheet accounts and investigates & resolves any issues.
• Resolves reconciliation issues using multiple systems. Typically maintains or audits information needed to track revenue related results.
• Follows up on any queries from plan participants – investigation, analysis, resolution & communication for internal and external customers.
• 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.
• Support special projects, including acquisitions, as required.
• Contributes to the ongoing improvement of department processes and customer service
  
  

What You Need To Succeed

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

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 [e-mail]. Our proactive approach fosters collaboration, innovation, and personal growth, enriching OpenText's vibrant workplace.

Seniority level

• Seniority level

  Mid-Senior level

Employment type

• Employment type

  Full-time

Job function

• Job function

  Human Resources

• Industries

  Software Development

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