
Workday Finance Specialist
3 days ago
Job Description This is a remote position.
Workday Finance Specialist About the Role: We are seeking a highly motivated and skilled Workday Finance professional to join our team.
In this role, you will be instrumental in leveraging the Workday Financial Management system to drive efficient and accurate financial operations.
You will collaborate closely with finance, accounting, IT, and other cross-functional teams to optimize our Workday financial solutions, ensure data integrity, and provide actionable financial insights.
Key Responsibilities:
• Workday System Administration & Configuration: o Manage, configure, and maintain Workday Financial Management modules (eg., General Ledger, Accounts Payable, Accounts Receivable, Fixed Assets, Cash Management, Business Assets, Capital Projects, Procurement, Expenses, Projects, Adaptive Planning, Accounting Center, Prism, Advanced Close and Consolidation).
o Design, build, and test Workday configurations, business processes, calculated fields, and conditional routing to meet evolving business needs.
o Analyze bi-annual Workday release notes, understand their impact on existing configurations, and recommend/implement new functionalities.
o Troubleshoot system issues, perform root cause analysis, and escalate unresolved issues to the appropriate teams (e.g., Workday Support, IT).
• Financial Process Optimization & Support: o Provide end-user support for Workday Finance modules, assisting with inquiries, requests, and training.
o Collaborate with finance stakeholders to gather business requirements, analyze existing processes, and translate them into functional specifications for system enhancements.
o Identify opportunities for process improvements, streamlining workflows, and automating manual tasks within Workday.
o Conduct testing of configurations, develop functional test plans, and coordinate user acceptance testing (UAT).
o Create and maintain training materials and documentation to ensure effective utilization of Workday functionalities.
• Reporting, Analytics & Data Integrity: o Develop and maintain custom financial reports, dashboards, and Key Performance Indicators (KPIs) within Workday to provide timely and accurate financial information to management and stakeholders.
o Conduct financial data analysis (e.g., revenue, expenses, budgets, forecasts) to identify trends, patterns, and anomalies, and provide data-driven insights to support decision-making.
o Assist in conducting data audits and implementing data quality measures to maintain the integrity of financial data elements (e.g., chart of accounts, vendor information, customer information, fixed assets).
o Collaborate with IT to ensure effective alignment of systems with business requirements and compliance with regulatory requirements, accounting standards, and internal controls.
• Project Management & Collaboration (for Consultant/Lead roles): o Participate in Workday implementation and enhancement projects, providing financial expertise, requirements gathering, testing, and go-live support.
o Lead or co-lead design sessions and configuration decisions, guiding clients through Workday best practices.
o Collaborate with cross-functional teams (e.g., HR, IT Security, Risk Management, Integrations) to ensure seamless integration and functionality across Workday modules and other enterprise systems.
o Manage project scope, client expectations, and contribute to project planning and delivery.
o Mentor and provide guidance to junior team members.
Qualifications:
• Bachelor's degree in Finance, Accounting, Information Systems, or a related field.
Master's degree or CPA preferred.
• [5+] years of experience with Workday Financial Management, including hands-on configuration and support.
• Strong understanding of financial processes, accounting principles, and financial management practices (e.g., Procure-to-Pay, Order-to-Cash, Record-to-Report, General Ledger, Budgeting).
• Proven ability to manage and optimize ERP systems, specifically Workday.
• Workday Financials certification (e.g., Record to Report, Procure to Pay, Strategic Sourcing, Customer Contracts, Projects) highly desired.
• Proficiency in financial data analysis and the ability to interpret complex financial data to generate meaningful insights.
• Excellent problem-solving skills, attention to detail, and a commitment to data accuracy.
• Strong communication (verbal and written) and interpersonal skills to effectively collaborate with cross-functional teams and explain complex financial concepts to non-financial stakeholders.
• Ability to prioritize tasks, meet deadlines, and work effectively in a fast-paced, dynamic environment.
• Experience with Agile or Waterfall project methodologies (for Lead/Consultant roles).
• Knowledge of Workday Security is a plus.
RequirementsWorkday Finance Specialist About the Role: We are seeking a highly motivated and skilled Workday Finance professional to join our team.
In this role, you will be instrumental in leveraging the Workday Financial Management system to drive efficient and accurate financial operations.
You will collaborate closely with finance, accounting, IT, and other cross-functional teams to optimize our Workday financial solutions, ensure data integrity, and provide actionable financial insights.
Key Responsibilities:
• Workday System Administration & Configuration: o Manage, configure, and maintain Workday Financial Management modules (eg., General Ledger, Accounts Payable, Accounts Receivable, Fixed Assets, Cash Management, Business Assets, Capital Projects, Procurement, Expenses, Projects, Adaptive Planning, Accounting Center, Prism, Advanced Close and Consolidation).
o Design, build, and test Workday configurations, business processes, calculated fields, and conditional routing to meet evolving business needs.
o Analyze bi-annual Workday release notes, understand their impact on existing configurations, and recommend/implement new functionalities.
o Troubleshoot system issues, perform root cause analysis, and escalate unresolved issues to the appropriate teams (e.g., Workday Support, IT).
• Financial Process Optimization & Support: o Provide end-user support for Workday Finance modules, assisting with inquiries, requests, and training.
o Collaborate with finance stakeholders to gather business requirements, analyze existing processes, and translate them into functional specifications for system enhancements.
o Identify opportunities for process improvements, streamlining workflows, and automating manual tasks within Workday.
o Conduct testing of configurations, develop functional test plans, and coordinate user acceptance testing (UAT).
o Create and maintain training materials and documentation to ensure effective utilization of Workday functionalities.
• Reporting, Analytics & Data Integrity: o Develop and maintain custom financial reports, dashboards, and Key Performance Indicators (KPIs) within Workday to provide timely and accurate financial information to management and stakeholders.
o Conduct financial data analysis (e.g., revenue, expenses, budgets, forecasts) to identify trends, patterns, and anomalies, and provide data-driven insights to support decision-making.
o Assist in conducting data audits and implementing data quality measures to maintain the integrity of financial data elements (e.g., chart of accounts, vendor information, customer information, fixed assets).
o Collaborate with IT to ensure effective alignment of systems with business requirements and compliance with regulatory requirements, accounting standards, and internal controls.
• Project Management & Collaboration (for Consultant/Lead roles): o Participate in Workday implementation and enhancement projects, providing financial expertise, requirements gathering, testing, and go-live support.
o Lead or co-lead design sessions and configuration decisions, guiding clients through Workday best practices.
o Collaborate with cross-functional teams (e.g., HR, IT Security, Risk Management, Integrations) to ensure seamless integration and functionality across Workday modules and other enterprise systems.
o Manage project scope, client expectations, and contribute to project planning and delivery.
o Mentor and provide guidance to junior team members.
Qualifications:
• Bachelor's degree in Finance, Accounting, Information Systems, or a related field.
Master's degree or CPA preferred.
• [5+] years of experience with Workday Financial Management, including hands-on configuration and support.
• Strong understanding of financial processes, accounting principles, and financial management practices (e.g., Procure-to-Pay, Order-to-Cash, Record-to-Report, General Ledger, Budgeting).
• Proven ability to manage and optimize ERP systems, specifically Workday.
• Workday Financials certification (e.g., Record to Report, Procure to Pay, Strategic Sourcing, Customer Contracts, Projects) highly desired.
• Proficiency in financial data analysis and the ability to interpret complex financial data to generate meaningful insights.
• Excellent problem-solving skills, attention to detail, and a commitment to data accuracy.
• Strong communication (verbal and written) and interpersonal skills to effectively collaborate with cross-functional teams and explain complex financial concepts to non-financial stakeholders.
• Ability to prioritize tasks, meet deadlines, and work effectively in a fast-paced, dynamic environment.
• Experience with Agile or Waterfall project methodologies (for Lead/Consultant roles).
• Knowledge of Workday Security is a plus.
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