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Sr. A/P Specialist

Req id:  7468

Waterloo, ON, CA

 

OPENTEXT - THE INFORMATION COMPANY

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. 

 

WHO WE ARE:

OpenText is the leader in Enterprise Information Management (EIM). Our products enable the digital world by simplifying, transforming, and accelerating enterprise information needs, on-premises and in the cloud. We embrace all things digital and are committed to being the Best Place to Work for over 12,000 team members around the world.

 

OVERVIEW:

Reporting to the Manager, Accounts Payable, the Senior Specialist - Royalty is an integral role in delivering excellence in the Procure to Pay function. This role will be responsible for analyzing and interpreting royalty and license agreements and as a result, translate those agreements into operational executed versions for royalty calculation reports that ensure accuracy, completeness and conformance to the agreement and internal reporting standards.

 

WHAT YOU WILL DO:

• Prepare and analyze monthly royalty calculations for reporting, budgets and forecasting as required, identifying any variances, and resolving issues as needed

• Drive month-end close process by using and analyzing SAP reports, creating journal entries, and reconciling vendor account balances

• Maintain the detailed tracking tools and reporting results for royalties while ensuring a consistent and efficient process is followed for each royalty

• Communicate new scenarios or changes to calculations to the team leader and internal royalty partners when applicable

• Develop and maintain relationships with the internal royalty partners and vendors to ensure compliance to contracts and a high level of service

• Maintain and provide supporting documentation for work performed to internal and external audit teams as required

• Performs moderately complex financial analyses specific to outbound royalty calculations, payments, and royalties

• Prepares royalty payments to comply with vendor agreements

• Follows established department and system workflows to obtain appropriate approvals

• Perform root cause analysis, propose corrective actions, and process improvements

• Collaborate with business units and vendors to settle problems/concerns that may arise

• Assist in merger and acquisition integration activities as required

 

WHAT YOU’LL BRING:

 

Education:

• 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

• Intermediate skills in Excel

 

 

Skills and Experience:

• Ability to interpret multiple data sources and provide concise explanations to senior leadership, auditors, and business partners

• 5 years of experience in Contract Management/Finance/Accounts Payable an asset

• Requires strong computer proficiency in Excel and SAP (or similar ERP system)

• Proven attention to details and high level of accuracy

• Ability to work cross-functionally to achieve desired results

• Contract interpretation skills an asset

• Strong reporting and analytics experience

• Strong working knowledge of Accounting principles and P2P/AP processes

 

 

At OpenText we understand and value diversity in our employees and are proud to be an Equal Opportunity Employer. We hire the best talent regardless of race, creed, color, national origin, ancestry, disability, marital status, sex, age, veteran status or sexual orientation. If you require accommodation at any time during the recruitment process please email accommodationrequests@opentext.com. Applicants have rights under Federal Employment Laws including but not limited to: Family and Medical Leave Act (FLMA)Equal Employment Opportunity  and Employee Polygraph Protection Act


OPENTEXT - THE INFORMATION COMPANY

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. 

Perks 
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. 

Benefits 
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 your potential. Become an OpenText Voyager.

Apply now »