| With the advent of economy globalization and information age, the telecom industry faces much fiercely market competition, the crucial thing is strengthen the management of enterprises, and improve the competitiveness of enterprises, More and more people realize the effective financial management, as an important part of corporate governance system, could prevent risk, promote enterprise's scientific and standardized management, and advance enterprise's core competitiveness. As a top responsible person in company finance management, CFO plays a more and more important role in the transformation and development of company. In the special period of China telecom transformation, we will put forward higher request in improving corporate governance, strengthening risk control and internal control, and improving management level, but these rely on financial management strengthened controlling& supporting and transformation. CFO will directly face to the function and role shift of reducing operating costs, increasing enterprise value, changing financial management content and function etc.Based on the background of China telecom strategic transformation and Financial transformation, thesis illustrates the CFO's role in financial management, and basic principles of main functions. Analyses the management present situation of CFO in China Telecom financial management. And made detailed elaboration about China telecom strategic transformation of the main challenges of CFO.Then combining the domestic enterprises and China telecom reality, analyzes the CFO's role, main function and capacity requirements what they should have in China telecom and domestic enterprise. Suggest China telecom CFO management framework, and based on this, puts forward the concrete implementation scheme about how to complete CFO's role and function change, and then explore new management and operation form, in order to promote the transformation and development. |
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