Oracle Hyperion Financial Mgmt 11.1.2: Create & Manage Applications Ed 4 Course Overview

To ensure that participants are properly prepared to undertake the Oracle Hyperion Financial Management 11.1.2: Create & Manage Applications Ed 4 course and can successfully grasp the course content, the following prerequisites are recommended:

• Basic understanding of financial consolidation and reporting processes.
• Familiarity with the Windows operating system and basic navigation skills.
• Knowledge of basic accounting principles.
• Experience with Microsoft Excel and understanding of Excel-based reporting.
• Awareness of Oracle's Enterprise Performance Management and its purpose within financial systems (beneficial but not mandatory).
• Any prior experience with other Oracle EPM products or financial applications can be helpful, although it is not a strict prerequisite.

These prerequisites are designed to provide a foundation upon which the course content can build. They are not intended to be barriers to entry but rather to ensure a successful learning experience for all participants.

Target Audience for Oracle Hyperion Financial Mgmt 11.1.2: Create & Manage Applications Ed 4

The Oracle Hyperion Financial Mgmt 11.1.2 course is designed for professionals managing financial data and consolidation processes.

• Financial Analysts
• Financial Controllers
• Finance Managers
• Performance Management System Administrators
• IT Professionals supporting finance departments
• Accountants and Auditors involved in financial reporting and consolidation
• Business Intelligence Professionals
• ERP and EPM Consultants
• Compliance and Risk Officers
• Systems Accountants
• Business Analysts with a focus on financial systems
• CFOs and finance executives seeking system mastery for strategic decision-making

Learning Objectives - What you will Learn in this Oracle Hyperion Financial Mgmt 11.1.2: Create & Manage Applications Ed 4?

Introduction to Learning Outcomes:

This course equips participants with comprehensive skills to create, manage, and analyze financial consolidation and reporting applications using Oracle Hyperion Financial Management.

Learning Objectives and Outcomes:

• Understand the role of Oracle's Enterprise Performance Management Suite and the components of the Financial Management solution.
• Gain proficiency in navigating Financial Management applications and setting up the Point of View for data analysis.
• Learn to manage dimensions effectively using the Performance Management Architect, including creation and property inheritance.
• Master the process of importing, formatting, and loading metadata from files to set up dimensions and applications.
• Develop skills to create, validate, and deploy Financial Management applications, understanding both local and shared dimensions.
• Configure accounts and custom dimensions, understand account types and hierarchies, and audit account data for accuracy.
• Set up entities, calendars, and scenarios essential for financial consolidation processes.
• Acquire the ability to load and manipulate financial data, enter data using data grids, and manage data spreading and calculations.
• Create and manage complex business rules using Calculation Manager for financial consolidation and reporting.
• Establish robust security models within Financial Management, provisioning user and group security, and managing data access.
• Learn to create and manage data forms, task lists, and enter intercompany data for accurate intercompany eliminations.
• Understand the process of adjusting data with journals, translating data for multinational operations, and running the consolidation process.
• Manage the review cycle using process management features, including phased submission and data locking/unlocking.
• Familiarize with the migration and management of Financial Management applications and related artifacts.
• Analyze financial data using Smart View, utilizing tools for ad hoc analysis, data suppression, formatting, and creating advanced queries.