Sr. Variable Compensation Analyst

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.

Reporting to the Manager, Variable Compensation, this role provides support to sales teams in all business units.  This role is based in Waterloo, Canada.  The successful candidate will be highly analytical, detail-oriented, and possess a broad understanding of sales compensation plans.  The role will provide operational support and analysis regarding sales compensation calculations, facilitating acquisitions/divestitures, and implementing process improvement and be a primary interface between variable compensation and the sales teams. 

Responsibilities include ensuring compensation calculations are understood, communicated, and practiced.  In addition, includes being responsible for continuous sales comp process improvement initiatives centered around sales comp actuals and AE at the Centre initiatives.   

A critical success in this role will be the ability to provide efficient support to the sales organization, and, to communicate and work collaboratively with other groups across the global OpenText organization.

What the role offers:

As a Sr Variable Compensation Analyst, you will:

• providing guidance to other VC Analysts regarding best practices, prioritization and professional growth.
• Oversee end-to-end processes for commission pay calculations, exceptions, reporting, and audits completed by the analyst team.
• Establish standardized methodologies, tools, and documentation to ensure consistency and accuracy.
• Identify areas where processes need to be automated and/or streamlined and lead those initiatives.
• Compiling regular and ad hoc reports of key operational metrics
• Communicating cross functionally with different business lines to ensure departmental goals and objectives are clearly disseminated, understood, managed, and tracked
• Be point person to communicate and address sales compensation plans.  Includes communicating plan design and structure, analysis/verification of performance data.
• Review monthly commission calculations to ensure accuracy. Proactively follow-up on situations that need clarification and provide insight.
• Generate compensation modeling for deals under special compensation review consideration

What you need to succeed:

• Bachelor’s Degree or equivalent experience specializing in Business Administration, Financial Analysis, Accounting or other business-related technical field
• 5+ years overall experience in business analysis, financial analysis, and/or metrics and reporting
• Thorough experience using Microsoft Excel
• Strong analytical skills with the ability to collect, organize, analyze, and disseminate significant amounts of information with attention to detail and accuracy
• Adept at queries, report writing and presenting findings. Strong organizational skills
• Excellent understanding of process management improvement practices, analytical tools, and practical application for results. 
• Must have experience working closely with senior executives.
• Previous sales compensation experience preferred.
• Previous experience with Anaplan or Xacty an asset.

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. 

Join us on our mission to drive positive change through privacy, technology, and collaboration. At OpenText, we don't just have a culture; we have character. Choose us because you want to be part of a company that embraces innovation and empowers its employees to make a difference.

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 submit a ticket at Ask HR. 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. 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: $76,800.00 - $115,200.00; 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.