OpenText

Sr. Variable Compensation Analyst

OpenText • $76K — $115K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's Degree or equivalent experience in Business Administration, Financial Analysis, Accounting, or a related field
  • 5+ years of experience in business or financial analysis and reporting
  • Expert proficiency in Microsoft Excel
  • Strong analytical skills with a focus on detail and accuracy
  • Ability to manage processes and improve organizational efficiency
  • Experience collaborating with senior executives
  • Previous sales compensation experience preferred

Responsibilities

  • Provide guidance to junior variable compensation analysts on best practices
  • Oversee commission calculations, exceptions, and audits performed by the analyst team
  • Establish and standardize methodologies for consistency in processes and documentation
  • Identify and lead process automation and streamlining initiatives
  • Compile regular and ad hoc reports on key operational metrics
  • Communicate departmental goals and objectives across business lines
  • Serve as point of contact for sales compensation communication and plan analysis

Benefits

  • Comprehensive benefits package supporting physical, emotional, and financial wellbeing
  • Variable and commission compensation opportunities for eligible roles
  • Vacation entitlement and paid time off
Full Job Description
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. 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.

About OpenText

OpenText Corporation is a Canadian company that develops and sells enterprise information management software. The company is headquartered in Waterloo, Ontario, Canada. OpenText software applications manage content or unstructured data for large companies, government agencies, and professional service firms. OpenText aims to help customers digitize their operations and optimize their information management processes. The company has made several acquisitions over the years to expand its product offerings and customer base. OpenText has a global presence with offices in North America, Europe, Asia, and Australia.
Learn more about OpenText
Size
14,300 employees
Market Cap
$7.8 billion
Industry
Founded
1991
5 Year Trend
+8.8%
NASDAQ

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