The Research Of M Group In Optimization Of Financial Management

M Corporation is engaged in research and manufacture of traction motors, traction transformers, wind power generators and special industrial electric machines. With the development of the CRH, the investment scale of Chinese railway equipment had an explosive growth. And as one of the technology-leading rail vehicle components supplier, M Corporation ushered in the new vitality of development and the scale of its income soared. But since entering the2011, because of the personnel adjustments of the MOR, the7.23train collision and other factors, fast-growing railway investment went down sharply. Because of these, the new orders of M Corporation decrease obviously, capital chain tightens and the operating pressure increases. In order to resist the adverse factors of the market environment, M Corporation innovates and speeds up the pace of new industrial expansion. By way of merger and acquisition, it succeeds in stepping into the downstream of the wind power industry and actively looking for other new business growth point. M Corporation tries to expand business scale and enhance competition power through mergers acquisitions and other ways.However, as the group scale expands rapidly and diversification degree enhances unceasingly, the ability of the holding company to control subordinate companies tends to weaken gradually. From the point of the financial control, if the financial control of the group company can’t update control concept in time strengthen financial supervision, then may bring the results that the internal information is asymmetry and resource intensive effect cannot play. These will affect the sustainable operation and healthy development of the group. Therefore, it’s a practical problem to be solved for M Corporation that how to effectively implement the enterprise group financial control.Based on the analysis and research of the group’s characteristics、the development of financial management and the domestic and foreign situation of enterprise group financial management and control, this article makes an comparison of different types of controlling models. At the same time, it analyses the situation of M Corporation’s financial management combined with the characteristics of the industry and the managing structure of the company. From the five aspects as staffing, centralized management and control of funds, investment and financing management, budget and final accounts management, internal control and risk control, the article analyzes the existing weaknesses of the management and control and proposes optimization program to find an effective way to solve the problems of centralization and devolution between the parent and subsidiary companies. The way is that "strategic control, business collaboration" is as a guide to build a new financial management model between the strategic planning and control. Then it can make a relatively sound financial management and control model to provide the theoretical reference for the sustained, healthy and rapid development of M Corporation. At the same time,it can enrich the case studies of Group’s financial management and control model.