Refining Financial Management And Establishing The Concept Of "Big Finance"

Any economic activity of an enterprise is related to finance. The tentacles of financial management should extend to every link of the production and operation of an enterprise. Efforts should be made to excavate the potential value of production and operation activities from the breadth and to study the details of every business activity in depth and to pursue the high added value of financial activities.

By expanding the breadth and depth of financial management, we can maximize the economic benefits for enterprises.

Establish the concept of "big finance", that is, constantly strengthen financial management functions and broaden the field of financial management in business management.

The "big finance" emphasizes more on pre - warning and early warning, in - service and control.

This enables financial management to be extended to the whole, whole process, and all directional management before, after and after the event.

The financial department should also establish strategic planning, budget management, procurement supervision, contract signing, payment auditing, monitoring the "interlocking" financial internal control system, standardize management under multiple systems, and control risks from the mechanism.

The financial personnel must learn and understand the production business process and learn training from the front-line business department.

At the same time, job exchange should not only be limited to this unit, but also can be extended to various units and departments in the group, learn from each other, exchange the business process and good management experience of each unit, and summarize and optimize the management procedures and systems.

The "big cost" strategy is an extended and complete framework for enterprise cost management.

It is required that the finance should be extended from the traditional production process cost control to the upstream. From the source of construction, the affordability of cost can be considered.

And control to achieve cost management.

At the same time, cost management is not simply saving and reducing expenditure, but also emphasizing active and effective input and expenditure. The key is to conform to the company's development strategy, and to support and promote the realization of the company's strategic objectives.

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The idea includes two aspects, one is strategic cost management, the first is the strategic cost management. Its starting point is to sum up the past, based on the present and focus on the future. The purpose is to maximize the cash flow in the short accounting period. Two is the management of operating costs, that is to say, "Six Combinations": the combination of financial management and enterprise management, the combination of financial management and information flow logistics, the combination of financial management and field management, the combination of financial management and value management, the combination of financial management and physical management, the combination of financial management and statistical accounting and business accounting, so that financial management can be achieved in advance budget, in control and afterwards analysis.

Establish

It is the core concept of the first productive force, and constantly carries out technological innovation.

Through continuous improvement and optimization of engineering design, popularization and application of advanced technology, mining technology, increasing yield per unit area and resource recovery rate, reducing the level of unit consumption, we should consider reducing costs from the source.

Enterprise culture can not be replaced by the system. It can be automatically referenced by employees in the process of production and operation.

The concept of enterprise culture construction should embody "Scientific Outlook on Development" and give play to the initiative, enthusiasm and creativity of every employee, so that every employee can form a strong sense of cost and form a good level of consistency, interaction and efficiency.

Through information construction, we can promote the effective integration of production, technology, operation and finance, improve the overall efficiency of enterprises, and greatly reduce costs.

The steel plant, mine and sintering plant will be built into an international advanced level integrated automation system. With advanced production system, pportation system and financial system automation control operation, we can greatly reduce personnel and improve work efficiency.

Finance and business are causality.

First, the occurrence of business, and then the emergence of financial results.

Financial management is to get financial intervention from the source of business, provide comprehensive financial support and financial services for business departments, and achieve the best business results.

Financial integration into business is to help enterprises to manage resources, and financial functions and roles have become one of the important managers in enterprises.