Research On Financal Risk Management Of CH Group Under Financial Sharing Mode

As economic globalization and the ever-more intricate business climate persist,numerous major companies have started to modify their customary financial management approaches.With the perpetual growth of enterprise business size,how to cut down on enterprise operating costs and enhance operational effectiveness has become the main focus for large businesses,and financial sharing services are produced in this context.Due to the large amount of accounting business gathered in the financial sharing service center,it will face more financial risks.At the Fifth Plenary Session of the 19 th Central Committee,the work report emphatically declared that the primary focus should be on averting and settling major dangers and difficulties,refining the system and system for major risks,and continuing to battle the three main conflicts.The research on financial sharing in China started relatively late,but in the past two decades of development,due to the benefits brought by financial sharing to enterprises,more and more domestic enterprises have begun to establish financial sharing centers.Based on this era background,it is necessary to study how enterprises respond to financial risks.Exploring what financial risks exist in CH Group’s financial sharing mode,this article employs the case study method to propose optimization measures to enhance its capacity to withstand such risks.To begin,the basic financial situation of CH Group and the rationale for its implementation of financial sharing are briefly outlined.The financial sharing center of CH Group is presented,with its implementation plan and effect being demonstrated,thereby confirming the beneficial role of the financial sharing model in cutting enterprise operating costs and enhancing financial processing effectiveness.Subsequently,the Z-score risk model is used to analyze and evaluate the financial risk level of CH Group in the years before and after the implementation of the financial sharing model,and it is concluded that there are still high financial risks under the new financial management model.This paves the way for the main financial risks that CH Group faces under the financial sharing model.Finally,aiming at the existing risks,five risk control measures are proposed,including strengthening fund management,controlling business operational risks,optimizing financial processes,and improving the relevant financial systems of the financial sharing service center.I hope it can provide reference value for other enterprises implementing the financial sharing model in managing and controlling financial risks.