How To Achieve Conversion Of Financial To "Manage Future"about Rail Transportation Equipment Manufacturing Industry

In the national strategic planning, the Chinese government will give priority to the development of high speed railway as the strategic emerging industries, high speed railway after several years of rapid development,"China has become the world's high-speed rail operation and the longest mileage, in build the country with the biggest dimensions". With the rapid development of high-speed rail, hand to whole industry brought tremendous development opportunity, on the another hand also gave whole industry brought tremendous stress management, outstanding performance is the soft actual strength of industry which has lagged far behind the development of hardware speed, the quality of personnel, management ideas and ways need to be further improved. Therefore, the State Council and the national high-speed rail authorities on slowing down the pace of Industrial Development, Chinese high-speed rail by rapid development enters the phase that develops steadily.Then, As one part of emerging industry, how to deal with the environmental changes, aims to seize opportunity, meet a challenge, achieve sustained and healthy development through improving the internal "soft power" level and keeping up with the pace of development of the industry?Nowadays, enterprise financial management emphasizes on finance to the enterprise production and management activities of the service function, focusing on "managing nowadays", mainly through the accounting and reporting for the enterprise management to provide the necessary information, the budget management to achieve short-term management goal, as well as fund management to meet short-term liquidity needs. In "managing nowadays" model, financial management is short of medium and long term strategies especially the investment decision making in and the long-term financial risk forecast and control, ignores financial management on the long-term value of the enterprise growth. For these reasons, it is necessary to promote the financial management change from the "managing nowadays" to "manage future", make financial real dominant enterprise financing, investment and distribution activities, and to make the financial management and the strategy of the enterprise together, in order to realize dynamic, long-term financial management, and meet the maximization of enterprise value management requirements. In this paper, combined with the industry's development situation and enterprise development, from the financial management function and role change of angle, using the current advanced management theory and method of financial management, it elaborates on Internal need and necessity, significance of function changing, embodiment of "manage future" about functions management measures of rail transportation equipment manufacturing industry financial management converting from "managing nowadays" to "manage future". This paper aims to help enterprises establish and meet the development needs of the company's financial management system based on the study of financial management functions of CSR Qingdao Sifang Locomotive&Rolling Stock Co., Ltd, to provide strong strategic financial support to the next step for the company's growth and development. In the meanwhile, hope that through this study it can provide similar enterprise financial management work to provide the value of reference.