Workday Advanced Compensation Functional Specialist

We are seeking a highly skilled Workday Advanced Compensation Functional Specialist to join our team. The ideal candidate will have expertise in Workday’s Advanced Compensation module, with experience in configuration, implementation, and optimization. You will work closely with business stakeholders to gather requirements, design solutions, and support Workday Advanced Compensation functionalities to enhance compensation planning, bonus, merit, and stock plan administration. Additionally, you will also work with technical teams including data and integration, providing functional inputs and validating testing scenarios.

Key Responsibilities:

• Lead and support Workday Advanced Compensation module implementation, configuration and optimization.
• Provide expert guidance on Workday Advanced Compensation best practices.
• Gather business requirements, lead client workshops, develop and maintain functional documentation and translate requirements into Workday system configurations.
• Configure Workday Advanced Compensation business processes, including merit cycles, bonus plans, stock plans, and compensation review statements
• Configure Workday security roles, reporting, and dashboards
• Collaborate with cross-functional teams to ensure the effective integration of business processes
• Work closely with data and integration teams, providing functional inputs, validating test scenarios, and troubleshooting issues
• Conduct system testing, including preparing test cases, executing tests and resolving defects
• Provide end-user training and develop documentation
• Stay updated with Workday features and recommend process improvements to increase efficiency
• Serve as a Subject Matter Expert (SME), leading and managing the team to achieve successful outcomes, making key decisions, and providing status updates to the PMO

Qualifications:

• 3+ years of experience working with Workday Advanced Compensation.
• Strong understanding of Workday Core Compensation configurations, workflows, and reporting.
• Experience with Workday security, business processes, and integrations.
• Excellent problem-solving skills and attention to detail.
• Strong communication, stakeholder and team management skills.