Hyperion Financial Management Test

Q: What are the main Financial Management Tests?

We offer various financial management tests: Hyperion Financial Management Test Oracle Financial Apps Test Financial Accounting 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
Financial reporting
Budgeting and forecasting
Consolidation
Data integration
Data management
Business rules
Currency translation
Security and user management
Financial consolidation
Intercompany transactions
Data analysis

Get started for free

About the Hyperion Financial Management Assessment Test

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

1200+ customers in 80 countries

Use Adaface tests trusted by recruitment teams globally. Adaface skill assessments measure on-the-job skills of candidates, providing employers with an accurate tool for screening potential hires.

Get started for free

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

Get started for free

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

It's very easy to share assessments with candidates and for candidates to use. We get good feedback from candidates about completing the tests. Adaface are very responsive and friendly to deal with.

Kirsty Wood, Human Resources, WillyWeather

We were able to close 106 positions in a record time of 45 days! Adaface enables us to conduct aptitude and psychometric assessments seamlessly. My hiring managers have never been happier with the quality of candidates shortlisted.

Amit Kataria, CHRO, Hanu

We evaluated several of their competitors and found Adaface to be the most compelling. Great library of questions that are designed to test for fit rather than memorization of algorithms.

Swayam Narain, CTO, Affable

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

Preview this test

View sample scorecard

Try the most advanced candidate assessment platform

ChatGPT Protection

Non-googleable Questions

Web Proctoring

IP Proctoring

Webcam Proctoring

MCQ Questions

Coding Questions

Typing Questions

Personality Questions

Custom Questions

Ready-to-use Tests

Custom Tests

Custom Branding

Bulk Invites

Public Links

ATS Integrations

Multiple Question Sets

Custom API integrations

Role-based Access

Priority Support

GDPR Compliance

Screen candidates in 3 easy steps

Pick a test from over 500+ tests

The Adaface test library features 500+ tests to enable you to test candidates on all popular skills- everything from programming languages, software frameworks, devops, logical reasoning, abstract reasoning, critical thinking, fluid intelligence, content marketing, talent acquisition, customer service, accounting, product management, sales and more.

Invite your candidates with 2-clicks

Make informed hiring decisions

Get started for free

Have questions about the Hyperion Financial Management Hiring Test?

What is the Hyperion Financial Management Test?

The Hyperion Financial Management Test evaluates a candidate's proficiency in managing financial data using Oracle's Hyperion Financial Management system. It is used by recruiters to identify candidates with skills in financial reporting, budgeting, and data analysis.

Can I combine Hyperion Financial Management Test with Financial Accounting questions?

Yes, recruiters can request a single custom test with multiple skills in the same test. To understand how we assess Financial Accounting skills, check out our Financial Accounting Test.

What skills are assessed for senior roles in this test?

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

How to use the Hyperion Financial Management Test in my hiring process?

We recommend using our assessment software as a pre-screening tool at the beginning of your recruitment process. Add a link to the assessment in your job post or directly invite candidates by email. This replaces traditional resume screening with a more reliable and faster process.

Can I test Hyperion Financial Management and Python together in a test?

Yes, you can. It is recommended to evaluate both skill sets for a comprehensive understanding of a candidate's capabilities. Check out our combo test Python & SQL Test.

What are the main Financial Management Tests?

We offer various financial management tests:

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.

View sample scorecard

Along with scorecards that report the performance of the candidate in detail, you also receive a comparative analysis against the company average and industry standards.

View sample scorecard