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Revenue Recognition Analyst

Req id:  27252

Waterloo, ON, CA Richmond Hill, ON, CA



As the Information Company, our mission at OpenText is to create software solutions and deliver services that redefine the future of digital. Be part of a winning team that leads the way in Enterprise Information Management. 




The Finance Academy is designed to place recent grads into different areas of OpenText’s Finance ecosystem and develop future leaders. We are looking for passionate, bright, and curious individuals who are eager to take the lead and dive into full time opportunities in Financial Planning & Analysis, Corporate Treasury, Digital Business Services, Global Tax, Internal Audit and Corporate Accounting (CPA Rotational opportunity). The Financial Analyst opportunity is a part of our Financial Planning & Analysis team.



The Revenue Recognition Team is seeking a Revenue Recognition Analyst to support the world-wide revenue recognition activities to ensure that all internal and external reporting commitments are met in a timely manner.  This role will collaborate with various cross-functional teams including Billing Operations, Sales, and Deal Desk to ensure consistent application of rev rec policy. 



•    Review contracts to ensure revenue is recognized in compliance with ASC 606
•    Calculate POC revenue on professional services engagements
•    Perform the month-end/quarter-end close activities related to revenue recognition
•    Prepare journal entries including SSP allocation in compliance with our policy 
•    Maintain deferred revenue schedules for assigned entities 
•    Partner with Billing Operations and Finance to research and resolve revenue fluctuations 
•    Prepare GL account reconciliations
•    Participate in SOX testing as needed
•    Prepare materials for internal and external audit requirements and respond to audit inquiries
•    Ad hoc projects and analysis to answer business questions and opportunities
•    Continuous improvement mindset to identify improved revenue recognition processes

•    Knowledge of US GAAP / Revenue Recognition ASC 606 is an asset 
•    Experience working in software and cloud technology related businesses is an asset
•    Excellent data analysis skills 
•    Excellent Microsoft Excel skills
•    Experience working with SAP and SFDC is an asset
•    Team player with good interpersonal skills
•    Proactive approach to problem solving
•    Strong work ethic and follow-through
•    Detail oriented



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. Should you require accommodations during the selection process, please contact


Subject to applicable laws and regulations, OpenText’s global vaccination policy requires all employees to be fully vaccinated against COVID-19 to enter an OpenText office. Accommodations may be available for specific roles.


Our growing team is mapping the future of Information Management, and we continue to make new discoveries that expand its boundaries. Join us and be part of a winning team, where the opportunities for your career are limitless. 

From its innovative start as a research project by University of Waterloo professors in 1991, OpenText has grown into a global company with offices in more than 35 countries. Our high- performance culture has forged our growth and is an excellent fit for people looking to push themselves to learn and do more.

It’s our time to lead, and as part of our team, it will be your time too. Our continued growth will provide you the opportunity to explore, learn and chart an exciting career path while enjoying a good work-life balance. 

If you thrive in a dynamic work environment, there is always a new horizon to explore. We are proud to offer excellent benefits, challenging work and competitive financial rewards. 

Our employee programs prioritize employees’ well-being and that of their families. We offer a comprehensive benefit plan, education assistance, a wellness/fitness reimbursement and time off to volunteer. 

Social events 
With offices around the world and flexible work arrangements, OpenText strives to make sure all our employees feel connected. Teamwork extends to our social lives too from local social events to company-wide activities, we want our employees to take time to relax and have fun.  

Corporate Citizenship  
Corporate Citizenship is more than a program for us, it is engrained in our purpose, impact, and approach to doing business. Through numerous volunteer initiatives, we support education and innovation for global change.

Explore your career and potential. Become an OpenText Navigator.

Apply now »