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Mastering Workday Financials: Navigating the Talent Boom

Considering your next Workday career move or pivoting into new modules? Workday's dominance in enterprise software is undeniable - their financial solutions are streamlining business across many industries, and with an impressive 22% revenue jump in 2023, they're not slowing down.

Big names such as Nuffield Health, ICG, UK Infrastructure Group, Checkout.com, and Quilter have all recently engaged with Workday to implement Workday Financials as their central finance system on a global scale and at the heart of this transformation lies Workday Accounting Centre, a key module within their Financials ecosystem.

This exciting growth creates a prime opportunity for top Workday talent but sourcing configuration talent in the market remains a struggle for many large enterprises.

The Empiric Workday team has seen a surge in demand across several areas, particularly in the Accounting Centre, where consultancies are bringing on large volumes of work and require skilled contractors to deliver projects, offering competitive remuneration packages.

  

Why Businesses Choose Workday Financials

Workday solutions cater to a wide range of business needs, from streamlining processes and boosting efficiency through automation, to enhancing financial health visibility with real-time reporting and analytics.

Industry focus on data-driven insights and enhanced decision-making has broadened the demand for diverse Workday talent sets - our team regularly engages with candidates who are actively evaluating their skillsets to ensure they align with evolving needs of the industry. 

The Evolving Talent Landscape

The rise of Workday Financials creates exciting career opportunities for professionals with the right skillsets. Each Workday finance solution requires specific expertise:

  • Financial Management: Modules include Procure to Pay, Cash Management, Finance Reporting, Accounting Centre, Prism Analytics, Record to Report (R2R), and Order to Cash (O2C)
  • Adaptive Planning: Modules include Business Planning & Forecasting, Advanced Forecasting & Insights, Scenario Modelling, and Automated Solutions
  • Strategic Sourcing: This solution transforms the sourcing team into a strategic partner, connecting them with the entire business through a single, intuitive platform. Simple, standardised intake captures crucial project details while saving time and enforcing compliance.

While Workday offers a comprehensive suite of solutions for finance processes – including Workday Accounting Centre, Workday Prism Analytics, and Workday Spend Management – General Ledger roles currently represent the largest share of positions our team actively recruits for. These roles primarily appeal to financial services companies seeking consultants or Systems Analysts with a strong accountancy background.

Skills in Workday Accounting Centre are becoming increasingly crucial. Workday has heavily promoted this module over the past year, but there remains a limited pool of candidates with the ability to configure the tool effectively. 

Career Opportunities in Workday Financials

The burgeoning demand for Workday skills translates to exciting career opportunities for professionals in the space. Salaries in Workday Financials vary depending on experience, location, and specific skillsets but are expected to remain competitive.

To provide a helpful starting point for your career path or salary negotiations, we've compiled some general statistics based on the Workday modules we specialise in.

Level of Experience       

Freelance Consulting Day Rate    

End Client Day Rate

Junior

£400-£500

£500-£600

Mid-Level

£600-£700

£600-£700

Senior

£700-£850

£800-£950

Principal

£950-£1200

£1000-£1400

The Importance of a Solid Talent Partner

Our dedicated Workday team specialises in full-time and contract recruitment. We partner with companies globally to fill even the most niche and advanced Workday roles and with our extensive experience, we can help you navigate the Workday job market and find the perfect opportunity, whatever your goal and growth ambition is. Through our many years of experience, we’re more than familiar with the importance of cultural as well as technical fit.

Our mantra of putting top talent in front of clients in the quickest time possible enabled the team to recently place two Workday Accounting Centre candidates into two separate clients who have previously struggled to find resources, all within a 2-week process from taking the requirement to an offer being presented.

Learn more about Empiric's Workday capabilities on our dedicated page and be sure to subscribe to our newsletter below.


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