Online self-learning courses offer autonomy, allowing individuals to learn at their own pace. They provide structured training materials with review exercises to enhance understanding. Utilizing multimedia resources like videos and presentations, learners actively engage with the content. while flexibility enables customization of study schedules. This fosters an environment conducive to effective learning and skill development, accommodating personal commitments.
GoLogica offers a comprehensive course on Oracle Hyperion Financial Management (HFM), a powerful Business Intelligence (BI) and Business Performance Management (BPM) tool designed for operational and strategic planning. HFM provides organizations with a robust platform for global financial consolidation, reporting, and analysis, all within a highly flexible and scalable software solution.
Oracle Hyperion Financial Management is a web-based application that enables users to streamline financial processes, improve accuracy, and enhance decision-making capabilities. With its advanced technology and features, HFM empowers finance teams to effectively manage financial data, perform complex consolidations, and generate insightful reports for stakeholders.
HFM assistance for global financial consolidation is one of its main features; it enables businesses to combine financial data from many sources, currencies, and subsidiaries into a single, cohesive perspective. This makes it possible for companies to get a thorough grasp of their financial performance across different business divisions and geographical locations.
Additionally, HFM user-friendly and flexible architecture gives businesses the ability to modify the program to meet their own set of demands and specifications. Furthermore, HFM offers complete control and flexibility over the financial management process as it is designed to be owned and managed by the company's finance staff.
A wide number of subjects are covered in the GoLogica Hyperion Financial Management course, such as best practices for system administration, data loading and consolidation methods, financial reporting and analysis, security management, and HFM installation and setup. Through hands-on activities and real-world scenarios, participants will get practical experience, giving them the knowledge and skills necessary to effectively use HFM in their businesses.
The GoLogica Hyperion Financial Management course gives you the skills you need to thrive in today's fast-paced business world, whether you're a finance expert trying to further your career or an organization wishing to simplify its financial management procedures.
Salary Trends:
According to Glassdoor, The average salary of a Hyperion Financial Management professional Typically ranges from $90k to $120k PA. It depends on factors such as experience, location, and specific job responsibilities.
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Hyperion Financial Management Curriculum
HFM Basics
Dimensions
Define Application Profile and Create application
About Metadata Load Files
Loading
Manage and Prepare own Metadata
About Accounts and Custom Dimensions
Setting Up Accounts and Custom Dimensions
Intercompany Account and Other Account Properties
Setting Up Entities
Calendars and Scenarios
Loading
Extracting
Copying and Removing Data Files
Creating Task list and Data Forms
About Data Forms
Accessing the Form Builder
Defining the Point of View and Columns and Rows
Setting Row and Column Options
Exporting Data to Spreadsheets
Entering Data Using Data Grids
About Data Grids and Accessing Data Grids
Changing the Grid Layout and Display
Selecting Members for Dimensions
Selecting Members
Saving Grid Settings
Entering Data and Filling Multiple Cells
Spreading and Calculating Data
Adding Cell Text and Line-Item Detail
Creating Member Lists in Financial Management
About Member Lists
System and User-Defined Member Lists
Creating Member Lists
Identifying Member Lists in a File
Creating Static Member Lists
Creating Dynamic Member Lists for the Entity Dimension and Other Dimensions
Loading and Extracting Member Lists
About Intercompany Transactions
Intercompany Account Balances
Elimination Process
Plug Accounts
Intercompany Eliminations and the Value Dimension
Setting Up Entities and Accounts for Intercompany Data
Creating and Running Intercompany Matching Reports
About Journals and Journal Benefits and Adjusting Data
Journals Review Process and the Value Dimension
Multiple Journal Postings, Accessing Journals and Opening Periods for Journal Entry
Creating Journal Templates and Journal Balance Types
Creating Journals and Entering Journal Data
Creating
Previewing
Running and Viewing Adjustments with the Entity Details Report
Setting Journal Report Properties and Selecting Columns and Filters
Saving Journal Reports Locally and Remotely
Consolidation Process and Percentages
Entering Consolidation Information Using Ownership Management
Running Consolidations
Checking Consolidation Status
Data Translation
Entering Exchange Rates
About Smart View
Smart View Installation and Components
Connecting to a Data Source
Entering Data with Web Data Forms
Functions in Smart View
About Rules and Rules Syntax
Rule Types and Rules Files
Objects and Functions in Rules
Assigning Values to Accounts
Account Expressions
Setting Values for Multiple Accounts
Subcubes
Data Retrieval and Rules
Loading and Extracting Rules
The GoLogica certification is widely acknowledged, enhancing the credibility of your resume and opening doors to high-level positions in leading multinational corporations globally.
At the end of this course, you will receive a course completion certificate which certifies that you have successfully completed GoLogica training in Hyperion Financial Management technology.
You will get certified in Hyperion Financial Management by clearing the online examination with a minimum score of 70%.
Get Certification
Hyperion Financial Management Objectives
• Fundamentals of HFM: Understanding its architecture, components, and functionalities.
• Navigating the HFM user interface and accessing features.
• Setting up and configuring HFM applications to meet business requirements.
• Data loading and integration processes.
• Managing metadata, including entities, accounts, and hierarchies.
• Consolidation methods and currency translation.
• Financial reporting and analysis using HFM.
• Performance optimization and data integrity best practices.
• System administration tasks like user management and security setup.
• Advanced topics such as automation, integration, and compliance.
• Financial analysts
• Financial controllers
• Accounting managers
• Finance directors
• IT administrators supporting financial systems
• Business analysts involved in financial reporting
• Consultants working with financial management solutions
• Auditors reviewing financial processes and controls
• Master financial consolidation and reporting processes.
• Improve data management and integrity.
• Streamline financial consolidation for efficiency.
• Develop advanced reporting skills for better insights.
• Enhance career opportunities in finance and accounting.
• Optimize financial operations with best practices.
• Integrate with Oracle EPM Suite for comprehensive solutions.
• Stay updated with the latest financial management technology.
• Basic understanding of finance and accounting principles.
• Familiarity with financial consolidation processes.
• Proficiency in using spreadsheet software like Microsoft Excel.
• Knowledge of database concepts and SQL (Structured Query Language).
• Experience working with enterprise financial systems is beneficial but not always required.
• Basic understanding of business intelligence and reporting tools.
• Gain Expertise: Learn about Hyperion products (Planning, Enterprise, etc.) through resources or courses.
• Build Skills: Develop skills in data analysis, financial modelling, and ERP systems.
• Consider Certification: Earning Oracle Hyperion certifications validates your knowledge.
• Get Experience: Look for entry-level roles or projects related to Hyperion implementation or support.
• Network and Build Reputation: Connect with other consultants and showcase your expertise online.
Hyperion, specifically Oracle Hyperion, isn't directly accounting software. It's a suite of financial management tools that integrates with accounting systems. Think of it as a powerful add-on for accountants:
• Hyperion helps accountants consolidate financial data from various sources, analyze budgets and forecasts, and create reports for informed decision-making.
• It provides tools for tasks like: financial reporting, budgeting, planning, and data analysis, all within a user-friendly interface.
• Gradual Evolution: HFM will likely remain in use for some existing clients who value its familiarity and stability. Oracle may offer some continued support and bug fixes.
• Cloud Migration Push: Oracle is likely to encourage migration to Oracle EPM Cloud, their cloud-based financial management solution. This offers scalability and easier access to new features.
• Competition and Alternatives: Other cloud-based financial management solutions might gain traction, especially for new users, as they may offer more advanced functionalities or lower costs.
In simpler terms, HFM helps companies:
• Combine financial data from multiple departments or subsidiaries into a single report.
• Create financial reports that meet accounting standards and regulations.
• Analyze financial data to identify trends, track performance, and make better financial decisions.
Why GoLogica?
10+
Years of Experience
250+
Corporate Clients
750+
Courses
50K+
Careers Transformed
Yes, it is Possible. GoLogica provides a fast-track Classes so you can complete a training within a few days or a week and get a certification.
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Visit GoLogica website, locate the 'Certificates' section, follow the instructions to verify your course completion by completing the exam and Get more than 70% marks. And download your certificate.
I'll guide you through the certification process step-by-step, ensuring you're well-prepared and confident in your subject matter by clearing an exam.
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Our trainers are highly experienced in respective Field and implementing real-time solutions on different Scenarios and Expert in their professionals.
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GoLogica have a 10+ year’s good track record in the training market. However, it was founded in 2013.
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