Research On Enterprise Financial Centralized Management

With the development of modern enterprises, to strengthen the internal control of the group, to further adapt to the requirements of capital market, centralization and flattening of financial management has become a major trend. However, from the current group enterprise implementation of financial centralized management situation, showing a polarization and management vacancy phenomenon, leading to the weak effect and increased financial hierarchical control agency cost. This combination of strategic financial theory, points out that the matching problem of financial management problems is the essence of financial centralization and decentralization and the choice of the enterprise strategic target, the strategic financial theory of financial centralized management guidance, will be able to effectively reduce the principal-agent risk, and can effectively enhance the financial hierarchical control.As a state-owned enterprise group company JSW, which has the principal-agent and financial control, financial management of JSW company by SWOT analysis, pointed out that the implementation of centralized financial management is an important basis. On the one hand, the traditional mode of financial management and enterprise reform and development strategy does not meet the internal demand, the implementation of centralized financial management; on the other hand, centralized management, unified accounting system and a relatively good financial condition, and establishes the feasibility conditions for the implementation of financial management in.Combined with the present situation of financial management and financial centralized management technology route of JSW company, by stages, design, with emphasis on management scheme which concentrated its financial:for the key work, set up and implement the centralized accounting two aspects carries on the design from the organizational structure of financial function; for the key improvement work, carries on the design from the capital control, cost control and risk control three aspects; to build a centralized financial management target system, from the making of Financial Shared Services Center, the implementation of standardized financial factory design, financial management and comprehensive information of three links.Research shows that, the centralized management of financial strategy under the guidance of the finance based on group enterprise, can improve the principal-agent relationship, reduce the risk of information asymmetry, and can effectively promote the unification of change and the enterprise strategic target of the financial management function and implementation, which for the enterprise group financial management reform and development have important universal significance.