How to do a good job of corporate financial management

Abstract: Financial management refers to the organization of financial activities within the company's enterprise, dealing with the economic management of financial relations. Financial management includes financial objectives and functions, the concept of valuation, market risk and rate of return. So how to do a good job of enterprise financial management? Need to implement the financial job responsibility system, strict review of financial income and expenditure, improve the quality of financial personnel, the establishment of a professional company financial management system. The content of the company's financial management system has the management of cash on hand, bank deposit management, the management of current accounts and the internal control of the financial sector. Here to understand the financial management! What is financial management

Financial management is the management of the acquisition of assets (investment), the financing of capital (financing) and cash flow from operations (working capital), as well as the distribution of profits under certain overall objectives. Financial management is an integral part of enterprise management, it is based on financial regulations and systems, in accordance with the principles of financial management, the organization of enterprise financial activities, financial relations of an economic management work. Simply put, financial management is the organization of enterprise financial activities, dealing with financial relations of an economic management work.

The main contents of financial management include: the objectives and functions of finance, the concept of valuation, market risk and rate of return, multivariate and factor valuation models, option valuation, capital investment principles, capital budgeting in the risk and real options.

How to do a good job of enterprise financial management

1, improve and implement the financial job responsibility system

First of all, according to the needs of the business, the reasonable allocation of positions, the need for high quality and work ability of the personnel, each position needs to be clear between their own tasks to be done, to develop a specific operating procedures.

2, strict review of financial income and expenditure

A review of the scope of financial income and expenditure is in line with the relevant system. The second is to review whether the process is strictly enforced and whether the required procedures are complete. The third is to review the authenticity of the bills.

3, the establishment of financial income and expenditure analysis and reporting system

Regularly report to the Board of Directors of the financial income and expenditure and the current problems, the existence of problems seriously analyze and make the correct response policy.

4, improve the business quality of the financial staff team

Adhering to the people-oriented, the establishment of a regular learning policy to enhance the sense of responsibility of financial staff.

Overall, good corporate financial management requires financial personnel to be proficient in specialized knowledge, take the initiative to follow up on related work, combine management with management, and strengthen management awareness.

Contents of the company's financial management system

1, cash on hand management

(1) the company's treasury cash on hand control in the approved limit, not to exceed the limit of cash storage.

(2) the strict implementation of the cash inventory system, to achieve day-to-day settlement, to ensure the safety of cash. Cash in the event of a shortfall, should promptly identify the reasons, report the leadership of the unit, and to be held responsible for the responsibility of those responsible.

(3) do not allow the use of "white notes" in the accounts.

(4) Private misappropriation, occupation and borrowing of public cash is not allowed.

(5) When withdrawing or depositing cash (over 10,000 yuan) at a financial institution outside the company, two persons must travel in the company car.

(6) The cashier must strictly and properly keep the vault code and key.

(7) The cashier should keep the cash and securities stored in the vault; private property shall not be stored in.

(8) cashier must be ready to accept the depositary bank and the leadership of the unit's inspection and supervision.

2, bank deposit management

(1) the company must comply with the provisions of the People's Bank of China for the basic bank account and auxiliary account opening and the company's various bank clearing business.

(2) The company must conscientiously implement the People's Bank of China Law, the People's Republic of China *** and the National Bills Law and other relevant settlement management system.

(3) Voided bank checks are stamped by the cashier as voided and kept properly.

(4) bank settlement methods according to the actual situation of the company to take the following ways: checks (cash checks, transfer checks), bank drafts, wire transfers, letter transfers, banker's acceptances, entrusted collection (limited to water, electricity, telephone bill settlement), in addition to the above settlement methods, other than the other will not be used.

(5) All kinds of settlement vouchers retrieved from the bank shall be recorded in the accounts in time.

(6) The company should establish a bank deposit ledger according to each bank account number, and the cashier should check the company's bank deposit ledger with the bank statement one by one in a timely manner. At the end of each quarter to make a bank reconciliation balance schedule.

(7) bank tellers on the bank reconciliation statement recorded in the accounts must be timely to identify the reasons for the error notify the person responsible for the correction of the outstanding accounts to be cleared in a timely manner. The resulting inconsistencies in the accounts should be resolved as soon as possible.

(8) blank bank checks and reserved seals must be implemented separately. By the cashier to register, record the purpose of the checks issued, the use of units, the amount, check number and so on.

3, the management of current accounts

(1) the management of accounts receivable: the company's sales departments based on the formation of income to determine the criteria for the timely issuance of invoices, by the Ministry of Finance to do the accounting process, the preparation of accounting vouchers, registration of income and accounts receivable with the customer's accounting books of the transaction, and at the same time, to regularly reconcile the sales department to ensure that both sides of the accounts reconciled with the accounts.

(2) the management of other receivables: the company's departments formed by the business trip borrowing, procurement borrowing, the departments of the reserve should be reimbursed in a timely manner after the occurrence of the business, in mid-December each year for the cleanup. Departments of the imprest in mid-December each year to clean up, to return the old borrowing.

(3) Accounts payable management: the company's departments due to the procurement of bills payable should be timely account processing, registration of the appropriate books, regular reconciliation with the relevant departments to ensure that the two sides of the accounts reconciled.

4, the internal control of the financial sector

(1) the company's implementation of the bank checks and bank seals reserved for the management system.

(2) non-cashier personnel can not handle cash, bank receipts and payments.

(3) Cash and securities on hand are checked quarterly.

(4) The cashier shall not be responsible for the production of certificates, but only by the Finance Department designated by the bill maker.