Research On Optimization Of Financial Risk Management Of YC Oil Company

Oil industry is the lifeblood of our national economy, which plays an important role in economic growth and social development. China’s oil reserves are abundant, the domestic demand for petroleum enterprises has laid a good foundation for the development of oil enterprises. But with the urgent need of economic reform deepening and restructuring of state-owned enterprises, petroleum enterprises is facing increasingly complex domestic and international competition environment, how to highly uncertain market environment to maintain competitive advantage is the primary problem in the face of oil enterprise managers. The level of financial risk management directly determines the formation of enterprise operation ability and market competitiveness, is the key link of financial management. At present, the adjustment of the international crude oil price fluctuations and domestic oil companies competition for petroleum business enterprise financial risk management put forward higher requirements, which makes oil companies is on the practice of internal control and management, carefully study the origin and the condition which the causes of the financial risks, develop a more reasonable financial risk control strategy to prevent the adverse effects caused by risk events on business.In view of the above background. In this paper, in order to extend the oil group company as an example, through extensive and in-depth investigation and study and the financial data analysis, clear extension of the existing oil in financial risk management problems and the causes of the problems. Methods of investigation and research, from the aspects of financial risk identification, risk assessment, risk management and risk early warning and other aspects of the financial risk management of the various aspects of the problem. In order to solve the above problems, with SWOT analysis method, pointed out that financial risk management is facing internal and external environment for enterprise to bring the opportunities and threats, and from the organization provided information construction, evaluation system construction, the construction of early warning mechanism and construction of feedback mechanism etc. put forward to extend the stone oil and financial risk management improvement program. In order to ensure the implementation of the optimization program, from the risk awareness training, internal control improvement and enterprise diversification management and other aspects of the design of relevant security measures.Proposed in the study of financial risk management improvement scheme, to improve the extension of the oil and the same industry enterprise financial risk management level, effectively solve and has important significance to deal with the problems facing the financial risk.