Problems And Improvement Countermeasures Of Financial Sharing Service In T Company

At present,the reform of China's economic system is in the process of deepening,the tide of globalization and integration of the world economy is also irresistible,and more state-owned enterprises in the current environment choose the mode of group operation.More open and more market-oriented market environment brings more fierce competition,which requires state-owned enterprise groups to establish a new and efficient financial management system,improve the efficiency of capital operation,and enhance the market competitiveness of the group.Large state-owned enterprise groups are often complicated in organization,dense in branches,numerous in management levels,scattered in financial funds,slow in transmission of financial information and high in cost,all of which make the management of large state-owned enterprise groups more difficult.It not only brings financial risks,but also makes it easier for business decision makers to make mistakes in the process of judging the operating situation and making decisions.It is a new financial management mode to separate and reorganize the basic financial posts from each business unit,establish the financial sharing service center and implement the financial sharing service,which has been gradually adopted by the large state-owned enterprise groups in our country.The main research object of this paper is T Company,which is the first construction enterprise in China to establish financial sharing service center and implement financial sharing service.Because there is no other construction enterprise experience to draw lessons from,T company financial sharing service center has encountered many difficulties in the construction process and made some achievements,so it is of great practical significance to study it.Based on the theory of financial sharing service,this paper introduces and analyzes the case of financial sharing service of T company,evaluates it,points out its achievements and shortcomings,and puts forward some targeted suggestions for improving the financial sharing service of T company.It is concluded that the financial sharing service mode is beneficial to strengthen the control of the group parent company over the subsidiaries,at the same time,it can improve the efficiency of enterprise financial management,improve the quality of financial information,and promote the integration of business and finance.As a large state-owned enterprise in China,T Company is also the first construction enterprise to establish a financial sharing center.the process of implementing its financial sharing service is studied and discussed.It has certain reference value for the improvement of the financial system of construction enterprises,especially large state-owned enterprises.In addition,the paper also innovatively probes into the problems and countermeasures of the implementation of financial sharing services in overseas projects of large-scale construction enterprises,and provides assistance for the improvement of the financial management level of overseas projects of large-scale construction enterprises.