Reference: TQIND2425_026
Job title: Workday Financial Consultant
Location: India
Job Purpose:
TESTQ Technologies is an IT services and solutions company whose offerings span over a variety of industry sectors with strong technical, domain, and process expertise helping clients grow their businesses and decrease operational costs on a continuous basis in an ever-changing business environment.
This opportunity is for a futuristic role. While we are not actively hiring for this position at the moment, we are seeking to build a pipeline of talented individuals for future opportunities. This opportunity is in the solution design and development arena for Workday Financial Consultant who will play a major role with the technical design and development of company’s technical offerings.
Job Description (Main Duties and Responsibilities):
- Lead the implementation, configuration, and optimization of Workday Financial Management modules, including General Ledger (GL), Accounts Payable (AP), Accounts Receivable (AR), Procurement, Cash Management, Revenue Management, and Financial Accounting.
- Design and configure Workday Financial Data Model (FDM) to align financial data with business requirements and reporting needs.
- Implement Workday Multi-currency Management, ensuring the seamless handling of international transactions and currency conversions.
- Lead Workday Budgeting and Forecasting processes, helping businesses plan and manage financial budgets and projections effectively.
- Develop and configure Workday Supplier Accounts, supporting supplier management processes and payment flows.
- Implement Workday Expenses to automate expense reporting, approvals, and reimbursement workflows.
- Work on Workday Banking and Settlement, ensuring accurate bank integrations and managing settlement processes efficiently.
- Design and configure Workday Payment Processing for seamless vendor and employee payments.
- Provide expertise in Workday Tax and Regulatory Compliance, ensuring that financial processes adhere to local, regional, and international tax regulations.
- Collaborate with Workday Payroll and Core HR teams to ensure smooth integration and alignment of financial processes with HR and payroll operations.
- Utilize Workday Prism Analytics to develop advanced financial reports, dashboards, and analytics, enabling deeper insights into financial performance and trends.
- Lead Workday Integrations using Workday EIB (Enterprise Interface Builder), ensuring the seamless exchange of data between Workday Financials and external systems.
- Conduct system configuration and testing to ensure accurate financial data, processes, and reports.
- Perform data migration, validation, and troubleshooting to ensure successful implementation and transition to the Workday Financial solution.
- Provide ongoing support for the optimization of Workday Financials, including troubleshooting, issue resolution, and system updates.
- Work closely with stakeholders to design and implement tailored solutions that address specific business challenges and requirements.
- Ensure that the implementation adheres to best practices, company standards, and industry regulations.
Key Skills, Qualifications and Experience Needed [The candidate must demonstrate these in all stages of assessment]:
- Strong experience with Workday Financial Management modules, including General Ledger (GL), Accounts Payable (AP), Accounts Receivable (AR), Procurement, Revenue Management, Cash Management, Financial Accounting, Supplier Accounts, and Expenses.
- Hands-on experience with Workday Financial Data Model (FDM) and Workday Budgeting and Forecasting.
- Expertise in Workday Payroll and Workday Core HR Processes, with a focus on integration between HR, Payroll, and Finance.
- Experience with Workday Prism Analytics for developing advanced financial reports, dashboards, and data analytics.
- Strong knowledge of Workday EIB (Enterprise Interface Builder) for financial integrations with external systems.
- Proficiency in Workday Multi-currency Management, Tax and Regulatory Compliance, and Payment Processing.
- Experience with Workday Banking and Settlement, ensuring accurate bank integrations and payment processes.
- In-depth understanding of Workday Procurement and supplier management processes.
- Experience with Workday Asset Management for managing the lifecycle of financial assets.
- Familiarity with Workday Revenue Management to manage and track revenue recognition processes.
- Expertise in Workday Integrations and the ability to troubleshoot and manage integration issues effectively.
- Strong knowledge of Workday Cash Management and the ability to manage cash flow, liquidity, and banking transactions.
- Excellent problem-solving skills, with the ability to analyze complex financial systems and processes.
- Exceptional communication skills and the ability to work with both technical and business stakeholders to gather requirements and implement solutions.
