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About the test:

The Hyperion Financial Management Test uses scenario-based MCQs to evaluate candidates on their proficiency in using the Oracle Hyperion Financial Management tool for financial consolidation and reporting. The test assesses candidates' ability to design and configure financial management applications, create and manage financial reports, and perform data analysis and modeling.

Covered skills:

  • Hyperion Financial Management
  • Budgeting and forecasting
  • Data integration
  • Business rules
  • Security and user management
  • Intercompany transactions
  • Financial reporting
  • Consolidation
  • Data management
  • Currency translation
  • Financial consolidation
  • Data analysis

9 reasons why
9 reasons why

Adaface Hyperion Financial Management Assessment Test is the most accurate way to shortlist Hyperion Developers



Reason #1

Tests for on-the-job skills

The Hyperion Financial Management Test helps recruiters and hiring managers identify qualified candidates from a pool of resumes, and helps in taking objective hiring decisions. It reduces the administrative overhead of interviewing too many candidates and saves time by filtering out unqualified candidates at the first step of the hiring process.

The test screens for the following skills that hiring managers look for in candidates:

  • Ability to manage financial data and create financial reports in Hyperion Financial Management
  • Knowledge of budgeting and forecasting processes in Hyperion Financial Management
  • Experience in financial consolidation and intercompany transactions in Hyperion Financial Management
  • Understanding of data integration and data management in Hyperion Financial Management
  • Familiarity with business rules and currency translation in Hyperion Financial Management
  • Capability to handle security and user management in Hyperion Financial Management
  • Competence in performing financial analysis using Hyperion Financial Management
  • Proficiency in Oracle Hyperion Financial Management tool
  • Ability to handle and solve complex financial scenarios in Hyperion Financial Management
  • Knowledge of financial consolidation and reporting standards
  • Understanding of data governance and compliance in Hyperion Financial Management
  • Expertise in multi-currency environments in Hyperion Financial Management
  • Capability to configure and maintain advanced calculations in Hyperion Financial Management
  • Experience in data mapping and data transformation in Hyperion Financial Management
  • Understanding of financial close processes in Hyperion Financial Management
Reason #2

No trick questions

no trick questions

Traditional assessment tools use trick questions and puzzles for the screening, which creates a lot of frustration among candidates about having to go through irrelevant screening assessments.

View sample questions

The main reason we started Adaface is that traditional pre-employment assessment platforms are not a fair way for companies to evaluate candidates. At Adaface, our mission is to help companies find great candidates by assessing on-the-job skills required for a role.

Why we started Adaface
Reason #3

Non-googleable questions

We have a very high focus on the quality of questions that test for on-the-job skills. Every question is non-googleable and we have a very high bar for the level of subject matter experts we onboard to create these questions. We have crawlers to check if any of the questions are leaked online. If/ when a question gets leaked, we get an alert. We change the question for you & let you know.

How we design questions
Reason #4

1200+ customers in 75 countries

customers in 75 countries
Brandon

With Adaface, we were able to optimise our initial screening process by upwards of 75%, freeing up precious time for both hiring managers and our talent acquisition team alike!


Brandon Lee, Head of People, Love, Bonito

Reason #5

Designed for elimination, not selection

The most important thing while implementing the pre-employment Hyperion Financial Management Test in your hiring process is that it is an elimination tool, not a selection tool. In other words: you want to use the test to eliminate the candidates who do poorly on the test, not to select the candidates who come out at the top. While they are super valuable, pre-employment tests do not paint the entire picture of a candidate’s abilities, knowledge, and motivations. Multiple easy questions are more predictive of a candidate's ability than fewer hard questions. Harder questions are often "trick" based questions, which do not provide any meaningful signal about the candidate's skillset.

Science behind Adaface tests
Reason #6

1 click candidate invites

Email invites: You can send candidates an email invite to the Hyperion Financial Management Test from your dashboard by entering their email address.

Public link: You can create a public link for each test that you can share with candidates.

API or integrations: You can invite candidates directly from your ATS by using our pre-built integrations with popular ATS systems or building a custom integration with your in-house ATS.

invite candidates
Reason #7

Detailed scorecards & benchmarks

View sample scorecard
Reason #8

High completion rate

Adaface tests are conversational, low-stress, and take just 25-40 mins to complete.

This is why Adaface has the highest test-completion rate (86%), which is more than 2x better than traditional assessments.

test completion rate
Reason #9

Advanced Proctoring


Learn more

About the Hyperion Financial Management Online Test

Why you should use Pre-employment Hyperion Financial Management Test?

The Hyperion Financial Management Test makes use of scenario-based questions to test for on-the-job skills as opposed to theoretical knowledge, ensuring that candidates who do well on this screening test have the relavant skills. The questions are designed to covered following on-the-job aspects:

  • Understanding and implementing Hyperion Financial Management (HFM) modules
  • Creating and designing financial reports using Hyperion Financial Reporting
  • Developing and maintaining budgeting and forecasting models in Hyperion Planning
  • Performing financial consolidation processes
  • Integrating data from various sources into Hyperion Financial Management
  • Managing data within Hyperion Financial Management
  • Configuring and managing business rules
  • Performing currency translation and revaluation
  • Implementing security measures and user management
  • Executing financial consolidation processes

Once the test is sent to a candidate, the candidate receives a link in email to take the test. For each candidate, you will receive a detailed report with skills breakdown and benchmarks to shortlist the top candidates from your pool.

What topics are covered in the Hyperion Financial Management Test?

  • Hyperion Financial Management

    Hyperion Financial Management (HFM) is a financial consolidation and reporting application that streamlines the financial close process, provides robust reporting capabilities, and ensures data accuracy and integrity. Measuring this skill in the test is crucial to assess the candidate's expertise in using HFM for financial management tasks.

  • Financial Reporting

    Financial reporting involves the generation and analysis of financial statements and reports to communicate financial performance and make informed business decisions. Evaluating this skill in the test enables recruiters to determine the candidate's ability to accurately present financial information using various reporting tools.

  • Budgeting and Forecasting

    Budgeting and forecasting are essential financial planning processes that involve estimating future revenues, expenses, and financial outcomes. Testing this skill helps recruiters assess a candidate's proficiency in creating accurate budgets and forecasts to support strategic decision-making.

  • Consolidation

    Consolidation refers to combining financial data of multiple entities into a single set of financial statements. Measuring this skill in the test allows recruiters to evaluate the candidate's understanding of consolidation principles and their ability to perform complex consolidation tasks.

  • Data Integration

    Data integration involves combining data from various sources and formats into a unified system. Assessing this skill in the test helps recruiters gauge the candidate's ability to efficiently integrate financial data from different systems or applications into Hyperion Financial Management.

  • Data Management

    Data management comprises processes and practices to ensure the accuracy, completeness, and integrity of financial data. Testing this skill helps recruiters assess a candidate's knowledge of data validation, cleansing, and data governance principles within Hyperion Financial Management.

  • Business Rules

    Business rules are logic-based statements that define calculations, validations, and procedures to govern financial processes within Hyperion Financial Management. Evaluating this skill enables recruiters to determine the candidate's ability to design and implement effective business rules for financial calculations and validations.

  • Currency Translation

    Currency translation involves converting financial data from one currency to another for reporting and consolidation purposes. Measuring this skill in the test allows recruiters to assess a candidate's understanding of currency translation methodologies and their ability to accurately translate financial data into the required currency.

  • Security and User Management

    Security and user management involves setting up access controls, user privileges, and maintaining data security within Hyperion Financial Management. Testing this skill helps recruiters evaluate a candidate's knowledge of security frameworks and their ability to manage user roles and permissions effectively.

  • Financial Consolidation

    Financial consolidation is the process of combining the financial results of multiple subsidiaries or business units for financial reporting purposes. Assessing this skill in the test enables recruiters to gauge a candidate's proficiency in performing complex financial consolidation tasks within Hyperion Financial Management.

  • Intercompany Transactions

    Intercompany transactions are financial transactions between different entities within the same group or organization. Measuring this skill in the test allows recruiters to assess the candidate's understanding of intercompany accounting principles and their ability to accurately record and eliminate intercompany transactions.

  • Data Analysis

    Data analysis involves extracting meaningful insights from financial data to support decision-making and identify trends or patterns. Evaluating this skill in the test helps recruiters determine a candidate's ability to apply data analysis techniques within Hyperion Financial Management to uncover valuable business insights.

  • Full list of covered topics

    The actual topics of the questions in the final test will depend on your job description and requirements. However, here's a list of topics you can expect the questions for Hyperion Financial Management Test to be based on.

    Financial reporting
    Budgeting and forecasting
    Consolidation
    Data integration
    Data management
    Business rules
    Currency translation
    Security and user management
    Financial consolidation
    Intercompany transactions
    Data analysis
    Data governance
    Compliance
    Multi-currency environments
    Data mapping
    Data transformation
    Financial close processes
    Hyperion Planning integration
    Hyperion Financial Close Management
    Hyperion Data Relationship Management
    Hyperion Essbase
    Hyperion Smart View
    Hyperion Workspace
    Financial budgeting
    Financial forecasting
    Financial modeling
    Financial analysis
    Financial statements
    Profit and loss
    Balance sheet
    Cash flow statement
    Consolidated financial statements
    Parent company
    Subsidiary company
    Elimination of intercompany transactions
    Data integration tools
    Data management procedures
    Data integrity
    Metadata management
    Data validation
    Data quality
    Business rules creation
    Currency conversion
    Currency exchange rates
    User access control
    Role-based security
    Financial audit
    Financial compliance
    Data analysis tools
    Variance analysis
    Financial ratios
    Trend analysis
    Financial performance review
    Financial strategy
    Financial planning and forecasting
    Financial reporting standards

What roles can I use the Hyperion Financial Management Test for?

  • Hyperion Developer
  • Oracle Hyperion Consultants
  • Financial Analyst
  • Finance Manager
  • Financial Controller
  • Treasury Analyst
  • Investment Analyst
  • Risk Manager

How is the Hyperion Financial Management Test customized for senior candidates?

For intermediate/ experienced candidates, we customize the assessment questions to include advanced topics and increase the difficulty level of the questions. This might include adding questions on topics like

  • Recording and reconciling intercompany transactions
  • Analyzing financial data and generating actionable insights
  • Troubleshooting and resolving technical issues
  • Customizing and extending functionality using scripting
  • Designing and implementing financial consolidation strategies
  • Managing data storage and archiving
  • Automating financial processes
Singapore government logo

The hiring managers felt that through the technical questions that they asked during the panel interviews, they were able to tell which candidates had better scores, and differentiated with those who did not score as well. They are highly satisfied with the quality of candidates shortlisted with the Adaface screening.


85%
reduction in screening time

Hyperion Financial Management Hiring Test FAQs

Can I combine multiple skills into one custom assessment?

Yes, absolutely. Custom assessments are set up based on your job description, and will include questions on all must-have skills you specify. Here's a quick guide on how you can request a custom test.

Do you have any anti-cheating or proctoring features in place?

We have the following anti-cheating features in place:

  • Non-googleable questions
  • IP proctoring
  • Screen proctoring
  • Web proctoring
  • Webcam proctoring
  • Plagiarism detection
  • Secure browser
  • Copy paste protection

Read more about the proctoring features.

How do I interpret test scores?

The primary thing to keep in mind is that an assessment is an elimination tool, not a selection tool. A skills assessment is optimized to help you eliminate candidates who are not technically qualified for the role, it is not optimized to help you find the best candidate for the role. So the ideal way to use an assessment is to decide a threshold score (typically 55%, we help you benchmark) and invite all candidates who score above the threshold for the next rounds of interview.

What experience level can I use this test for?

Each Adaface assessment is customized to your job description/ ideal candidate persona (our subject matter experts will pick the right questions for your assessment from our library of 10000+ questions). This assessment can be customized for any experience level.

Does every candidate get the same questions?

Yes, it makes it much easier for you to compare candidates. Options for MCQ questions and the order of questions are randomized. We have anti-cheating/ proctoring features in place. In our enterprise plan, we also have the option to create multiple versions of the same assessment with questions of similar difficulty levels.

I'm a candidate. Can I try a practice test?

No. Unfortunately, we do not support practice tests at the moment. However, you can use our sample questions for practice.

What is the cost of using this test?

You can check out our pricing plans.

Can I get a free trial?

Yes, you can sign up for free and preview this test.

I just moved to a paid plan. How can I request a custom assessment?

Here is a quick guide on how to request a custom assessment on Adaface.

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