Variable Compensation Analyst

Open Text CorporationWaterloo, ON
CA$63,800 - CA$95,600

About The Position

Join our dynamic Variable Compensation team and play a key role in the accurate calculation, analysis, and communication of performance-based compensation for our global business units. Reporting to the Senior Manager of Variable Compensation, you will be responsible for executing complex compensation calculations, preparing accruals, and reconciling accounts. You’ll also have the opportunity to contribute to high-impact projects throughout the year, supporting the team in maintaining accuracy, transparency, and operational excellence.

Requirements

  • Strong interpersonal skills with the ability to build collaborative relationships across teams and functions
  • Excellent communication skills—able to present ideas clearly and concisely to all levels of the organization, both verbally and in writing
  • Sharp analytical mindset with the ability to interpret data, identify trends, and resolve complex business problems
  • Proficiency in Excel (intermediate to advanced required)
  • Bachelor’s degree in Accounting, Finance, Economics, or a related quantitative field

Nice To Haves

  • experience with Xactly, Xactly Analytics, Xactly Connect, SQL, or Python is a plus
  • an advanced degree is a plus
  • 1–2 years of experience in Compensation, Financial Analysis, or a similar data-driven role preferred

Responsibilities

  • Execute complex variable compensation calculations for sales and eligible personnel in accordance with compensation plan provisions
  • Reconcile input and output data for system-driven calculations; may require data transformation using SQL, Python, or Xactly Connect
  • Support month-end processes by preparing accruals, journal entries, and account reconciliations while investigating and resolving discrepancies
  • Troubleshoot and resolve compensation-related issues using multiple systems while maintaining clear and auditable records
  • Respond to inquiries from plan participants and business partners through thorough investigation, clear analysis, and timely communication
  • Support special initiatives such as mergers, acquisitions, or system integrations as needed
  • Continuously seek opportunities to improve processes, drive efficiencies, and enhance stakeholder experience

Benefits

  • variable and commission compensation opportunities for eligible roles
  • vacation entitlement
  • paid time off
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