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Royalty Accountant

Req id:  24967

Waterloo, 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. 



Reporting to the Director, Procurement Operations & Accounts Payable, the Royalty Accountant is an integral role in delivering excellence in the Royalty process.  This role will be responsible for monitoring royalty license agreements, contracts, and processes across the organization to make sure payments are made to vendor partners accurately.  This function will include managing the end to end process for Royalty and making sure that reports sent to the vendor are accurate and audited on a regular basis.   This role will make sure the Royalty team delivers a best-in-class royalty processes and practices, in collaboration with the 3PT, Engineering, Pricing, DGO  and other key stakeholders. They will apply their analytical skills, high level of professionalism, experience, reporting and customer service skills to successfully resolve escalations and support proactive continuous improvement in the Royalty function.



  • Partner with cross-functional teams to ensure that the company has the appropriate processes and procedures in place for timely payment and reporting required under executed royalty deals
  • Understand and collaborate with the master data team in product data management (i.e., governance, cleansing, new data setup), especially for standard coding for marketing, pricing, licensing, and costing.
  • Building on a full understanding of current applications (both functional and technical), develop approach and technical solution.
  • Collaborate with the Internal Audit team to ensure accounting processes comply with SOX and we do not have SOD violation.
  • Assist in the preparation and approve the quarterly/monthly royalty payment reports and support documentation.
  • Manage the Royalty coordinators/specialists and assign day to day functions, ensure data integrity and quality output
  • Regular audit of reports being sent to the vendor




  • Bachelor’s Degree/College Diploma in finance, economics, accounting, or equivalent experience in the Contract Account Management or Accounts Payable. Ideally, the candidate should be registered in a program leading to an accounting designation or possess relevant experience with interpreting contracts or royalty calculations.


Skills and Experience:

  • Minimum 5 years’ experience in Contract Management
  • 2+ years of experience in Royalty management and reporting
  • A well-developed negotiation skill to interact with vendors and other stakeholders to implement license contracts that are tailor-made to individual client requirements yet adhere to the corporate licensing framework and standardized processes
  • Enhanced interpersonal skills to enable them to convince other internal departments, such as legal, finance, administration, audit, about the systems reviews and projections that they make periodically
  • Strong reporting and analytics experience
  • Organized with demonstrated ability to prioritize multiple activities in a fast paced and changing environment
  • Self-starter, detailed, self-motivated and strong team player willing to learn from your leader and others and teach your peers and others
  • Strong working knowledge with ERP environment, specifically SAP, Salesforce and Royalty system



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 accommodationrequests@opentext.com).


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.

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