Variable Compensation Analyst
Variable Compensation Analyst
Employer Active
Job Alert
You will be updated with latest job alerts via email
Share
Job Alert
You will be updated with latest job alerts via email
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 dopowering innovation transforming work and empowering digital knowledge workers. Were hiring talent that AI cant replace to help us shape the future of information management. Join us.
Job Title: Variable Compensation Analyst
Location: Waterloo ON
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 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 IT TAKES:
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:
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.
Bachelors degree in accounting finance economics or another related quantitative degree desirable.
1-2 years of experience in Compensation preferred financial analysis or similar role
One last thing:
OpenText is more than a corporationits a global community built on trust character and purpose. Here we act ethically care deeply about people and always put our customers first. We help teams succeed through collaboration tackle challenges with resilience and innovate with intention.
Join us on our mission to drive positive change through privacy technology and teamwork. At OpenText we dont just have a culturewe live our values. Choose us because you want to be part of a company that empowers you to make a meaningful impact.
OpenTexts 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 . Our proactive approach fosters collaboration innovation and personal growth enriching OpenTexts vibrant workplace.
Required Experience:
IC
Employment Type
Part-Time
