Workday Financial Analyst Job Toronto area,Ontario Canada,Finance & Banking

We are looking for a skilled Workday Financial Analyst to join our team in North York, Ontario. This 6 month contract position requires an individual with expertise in Workday Financials and a solid background in accounting and finance. You will play a key role in ensuring the effective implementation, optimization, and enhancement of financial processes within the Workday system.

Responsibilities:

Workday Financials Implementation & Optimization

Support the implementation and continuous improvement of Workday Financial modules, including General Ledger, Accounts Payable, Accounts Receivable, Banking & Settlement, Expenses, Procurement, and Business Assets.

Translate accounting requirements into functional specifications, ensuring Workday configuration aligns with GAAP, internal controls, and month‑end close needs.

Participate in design workshops, documenting current‑state vs. future‑state processes and identifying automation opportunities across financial workflows.

Configure or support configuration of key finance components such as ledger setup, accounting rules, spend categories, suppliers, expense policies, payment elections, tax settings, asset books, and intercompany rules.

Testing & UAT Leadership

Develop detailed test plans, test scripts, and traceability matrices for financial processes throughout the implementation lifecycle.

Lead System Integration Testing (SIT) and coordinate User Acceptance Testing (UAT) with Accounting and Finance teams.

Validate accounting entries, posting logic, system calculations, and integrations to ensure accuracy and compliance with financial standards.

Document defects, manage remediation cycles, and ensure system readiness for deployment.

Finance Reporting & Analytics

Build and maintain Workday Financial Reports, including:

Transaction‑level reports (journals, spend, supplier activity)

Month‑end close reports

Audit and compliance reports

Management dashboards

Create calculated fields, custom reports, composite/matrix reports, and ad‑hoc analytics required by Controllers, FP& A, and internal audit.

Enhance financial visibility by improving reporting structures, account hierarchies, and Workday dashboards used by Finance leadership.

Finance Operations Support

Ensure data integrity across financial objects including COA, cost centers, projects, customers, suppliers, banks, and accounting journals.

Support month‑end and year‑end close activities by validating Workday processes and troubleshooting system‑related issues.

Assist with integration testing for financial interfaces (e.g., banking files, ERP feeds, payroll accounting, expense reimbursements).

Review and maintain Workday accounting rules to ensure transactions post correctly to the ledger.

Change Management & Stakeholder Support

Provide training, documentation, and go‑live support for Finance teams.

Partner with cross‑functional groups such as Procurement, Payroll, HR, and IT to ensure end‑to‑end financial process alignment.

Participate in release management by reviewing Workday bi‑annual updates, assessing financial impacts, and coordinating validation.


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