Construction Research On TD Group Financial Shared Service Model

In the trend of highly developed global economic integration and interactive Internet information technology,enterprise groups carry out economic activities in the market in the form of intensification and have embarked on the road of transformation and expansion.Financial management has become a key factor for enterprises to maintain stable,healthy and sustainable developments in transforming and expanding.Facing the increasingly complex and changeful world pattern,Chinese enterprises are increasingly in need of value-driven control to improve their finances,transforming financial management models has also become a general trend.Companies in need of high-quality financial data analysis to understand their current business state and make strategic business decisions for the future.Taking the TD Group,a multi-business enterprise,as a case and starting from its actual situation,this dissertation analyzes its current problems and their causes in the financial management model through investigation analysis and case analysis method,which is based on studying the theory of shared financial service at home and abroad.Firstly,this thesis analyzes the necessity,feasibility and construction elements of building the financial shared service model,and reshapes the organizational structure of TD Group’s financial management department on the premise of realizing the financial shared service model.Secondly,it plans the human resources of relevant functional positions and sorts out specific steps of process links such as accounts receivable and payable,expense reimbursement and fixed asset management,and elaborating the expected effects after construction.In addition,it points out potential risks in the specific implementation of the program due to regional differences,data security,personnel transformation.Finally,it elaborates on specific measures to ensure the effective operation of the TD Group Financial Shared Service Center.As a new management model of financial management for enterprise groups,financial shared service improves the traditional accounting operations to a centralized and concise standard of uniformity,it can significantly reduce the processing cost of the group’s daily affairs,improve the efficiency of the financial procedures,and support the effective implementation of corporate groups business expansion strategy based on financial management data.