The Chief Financial Officer Should Concentrate On Ten Things.

Chief financial officer as enterprise financial management Aspect The top organization commanders need to do the following ten things:

Auditing accounting reports

All the work of accounting is ultimately based on accounting The report reflects comprehensively that the chief financial officer supervises the implementation of the system and policies in the process of accounting, supervising and managing the enterprise through auditing the financial reports, monitors the execution process and results of the enterprise budget, and signs the accounting reports of enterprises as one of the indispensable tasks of the chief financial officer.

Analysis of enterprise economic activities

To ensure that managers can read the contents, the CFO should make use of them. Own The professional knowledge, through the understanding of all aspects of the enterprise's operation process, makes a comprehensive analysis of the enterprise's economic activities by using the professional analysis method that has been learned, and writes an analysis report which is relatively systematic and allows other managers to read it, so as to provide relevant financial information for the top decision-makers of the enterprise.

Organization of enterprise financial budgeting, routine inspection and so on.

To achieve a certain scale, the financial management is mainly carried out around the financial budget. As the top organizer of financial management, the chief financial officer is the right thing to organize the budgeting of enterprises. Of course, budgeting is only the beginning of financial management. The key lies in the implementation. How to make the execution not deviate from the original plan, and it is also essential to carry out the routine inspection of the budget at all times in the execution process.

Organizing enterprise cost management to reduce enterprise cost

In the fierce market competition, cost determines to a large extent the level of enterprise profitability, determines the fate of enterprises, cost control is the focus of enterprise financial management, and is also one of the priorities of the financial controller of enterprises. Organizing enterprise cost accounting, cost management, and compressing enterprise expenditure is a matter that financial controller must do well.

Management of enterprise financial system

Financial management is the core content in the management of enterprise economic organization. The systematization and legalization of financial management is indispensable. As the highest organizer and responsible person of financial aspect, the chief financial officer is the organizer of the construction of the legal system. We should organize the formulation and implementation of the internal financial system of the enterprise, organize the study and implementation of the relevant laws and regulations of the state, finance, finance and taxation, and carry out detailed investigation of the implementation of the system so as to ensure the law-abiding operation of enterprises.

Deployment of enterprise working capital

The business process of an enterprise is actually a process of transforming funds into another fund. Its cycle is continuous, and it can not stop for a moment. In the process of enterprise capital circulation, people need to allocate funds reasonably to ensure the capital demand and flow smoothly. The management of working capital is one of the important contents of enterprise financial management. It is also a more difficult task. How to allocate the working capital reasonably and ensure the smooth flow of enterprise's blood is one of the daily tasks of the chief financial officer.

Financing for production and development of enterprises

The importance of capital to enterprises is not to be said. In the course of production and operation, the demand for capital is constantly changing with the changes in production and operation. However, for various reasons, it is impossible for enterprises to prepare a treasure chest at any time to be drawn. Less investors can take up all the funds needed for the operation of the enterprise at the same time. Most enterprises need to raise funds needed for the operation of the enterprise through capital market, financial market and market operation. Raising funds for the production, operation and investment development of the enterprise is one of the important tasks of the chief financial officer.

Tax planning for enterprises

In any case, tax payment will cause a net outflow of corporate capital, a little more outflow of corporate capital, and less capital left for enterprises to use for themselves, which is not beneficial to enterprises, especially when enterprises are in urgent need of funds. If enterprises want to pay taxes in accordance with the law and avoid excessive funds and too concentrated outflow, business adjustment and tax planning should be carried out. Through tax planning, reasonable adjustment of corporate tax burden and adjustment of capital flow on the basis of compliance with state regulations is one of the work of CFO.

Participation in enterprise investment decision making

In addition to production and operation, investment is also an important work for determining the fate of an enterprise. As the highest organizer of financial management, chief financial officer, as a professional personnel in finance, actively participates in the investment decision of enterprises, organizates the analysis of investment bearing capacity, analyzes the investment economic benefits, and raises the funds needed for investment. Participation in corporate investment decisions is also an essential part of CFO.

Harmonization of financial relationships

Financial management is an important part of the enterprise management system. Finance can not be independent of the organization and management system. It must have relations with the relevant departments and units. It is necessary to make the most of the effectiveness of financial management and closely cooperate with all departments and units. There are a lot of departments that are related to finance. Apart from internal procurement, production, operation and other departments, there are many external departments, such as customers, industry and commerce, taxation, finance, customs and so on. Coordinating the relationship between finance and all aspects is also an essential part of the chief financial officer's work.