What does the default role 'Accounting Manager' typically manage in Workday?

The 'Accounting Manager' role within Workday is primarily focused on overseeing the financial processes related to period management. This includes responsibilities such as managing the close process for financial periods, ensuring that all accounting entries are accurate and recorded in a timely manner, and overseeing period-end activities that contribute to the overall integrity of financial reporting.

An Accounting Manager ensures that financial periods are maintained effectively, which is crucial for producing timely and accurate financial statements. They often work with various accounting systems and tools in Workday to facilitate this process, ensuring compliance with financial policies and procedures as well.

While financial reporting, budgeting, and supplier management are important functions within a financial environment, they are typically associated with different roles or functions in Workday. Financial reporting focuses on generating reports reflecting the financial performance and status, budgeting is related to planning and controlling financial resources, and supplier management deals with vendor relationships and procurement activities.