The Optimization Design Of Financial Shared Service In A Company From The Perspective Of Management Accounting

The year of 2014 was known as the first year of China’s management accounting. In this year, the ministry of finance issued notice that guiding opinions on promoting the construction of a comprehensive management accounting system, made it clear that the large business enterprise group which branch unit quantity and spread widely should explore the use of information technology to promote concentration of accounting work, gradually establish a Financial Shared Service Center. Financial Shared Service Center can not only help promote the development of management accounting, but also strengthen the construction of accounting information. Financial Shared Service Center is the development direction of the modern enterprise, especially large transnational and regional enterprise, which play a strong role in the financial management of group enterprises. At present, 86% of the Fortune 500 companies in the United States are or have been building Financial Shared Service Center, who trying to achieve financial transformation and boost the company’s leap forward development. Due to the introduction of financial shared service idea of late and the development of Financial Shared Service Center is uneven, facing challenges at the same time, how do the enterprise group maximize the advantage of the financial shared services is a big problem now. Therefore, our country enterprise group must be in combination with the practical situation of the domestic industry and their own characteristics to optimize financial Shared services center. This issue has aroused great concern in the field of accounting theory and practice.This paper adopts the combination of normative study and case analysis methods, put an insurance enterprise group, which is in a period of rapid expansion, as the research object. Firstly, review relevant theories through to the domestic and foreign financial Shared services, deeply analysis of the current situation and development of our enterprise group financial shared services center, and combined with the case of mining development experiences and issues. Secondly, for the current situation of our country enterprise group financial Shared services center and development and existing problems. The problems above summarized as: central mechanism problems, business process problems, performance appraisal problems and risks. In order to solve the existing problems, according to determine process goal and principles, each project’s optimization design from four aspects which is organization, business processes, performance appraisal and staff management and risk management and control. Then the optimization design is specifically in design procedures, methods, combined with programs to design different projects optimization. At last, the optimization depends on safeguard factors as well. This paper has great theoretical and practical significance in the study of rich financial sharing service and its optimization, and it is important for enterprises to optimize the financial sharing service.