Research On Enterprise Group Funds Centralized Management Mode

Currently, the multilevel legal person system is generally adopted in Chineseenterprises, which lead to complex organization of subsidiaries and complicated procedureof funds management. In order to change this inefficient situation, centralization of fundsmanagement has become the focus of large enterprises to ensure standardization ofsubsidiaries’ actions, and thus facilitate maximum efficiency of funds use.As a capital intensive, knowledge intensive, equipment intensive, managementintensive and continuously producing industry, electric power enterprises have a higherdemand for an efficient funds management compared with other industries. Since SGprovince become a completely energy transferred district, the supply of electricity has notbeen adequate to meet the demand over a long period of time. The prime cause of supplyand demand contradiction is the shortage of electric construction funds. Solving thisshortage needs not only financial subsidy of government, but also reforms of internal fundsmanagement, which requires expansion of electric construction financing channels andbuilding a comprehensive funds management system. In view of the actual situation of SGprovince electric enterprise, how to choose an appropriate centralized management systemof funds, and how to take efficient measures to make reasonable arrangements for themethods and timing of electric charge collection and the flow of these funds become theprimary problem that need to be solved.This article from the domestic and overseas research present situation and the existingmode of fund centralized management analysis combined with SG electric company fundmanagement present situation, discussed the feasibility of implementing the fundcentralized management. And from the existing five kinds of capital centralized controlmodel to selected widely used in the mode of fund settlement-financial companycombining of Electric power enterprises, finally proposed the specific optimize projectof SG electric power company financial accounting settlement, financing and electricitycontrol.The full text is closely combined with the actual situation of SG province electricpower industry, based on rigorous theoretical arguments and empirical studies of theelectric power enterprise funds centralized management model is discussed, hope to theelectric power enterprise implementing the centralized fund management, improve the management level in turbine fund and maximize electricity use and operation efficiency offunds in China.