- Analysis of Certified International Project Budget Management Cases
With the development of my country's market economy, the construction industry has encountered unprecedented development opportunities, and also challenges financial management in the construction industry. How to correctly reflect the financial accounting information of the various projects of the Enterprise Group, guarantee that the quality of each project is completed on time when effective control costs? UF will organically integrate information technology and management, and build financial centralized management models for China Construction, enabling managers to grasp the financial status and operational results in real time, and monitor the project.
First, project background
China Construction International Construction Company is one of China's largest international construction service provider. It is a modern enterprise that is fully equipped with international construction in the field of engineering service. It is China's largest construction enterprise China Construction Engineering Corporation wholly-owned direct subsidiary . The company is headquartered in Beijing, in all major central cities in China, in Singapore, Algeria, Botswana, the United States, Japan, South Korea, Russia, Germany, Barbados, Ireland, etc. have nearly 30 branches, and business operations cover North China. , East China, Southwest, Northwest, Northeast, South China, covering Southeast Asia, Northeast Asia, North America, South America, North Africa, South Africa, Europe and the Middle East
Before constructing financial centralized management mode, China Construction International is facing the following aspects:
The group is difficult to timely and dynamically grasp the scattered molecular companies in the country, the financial operations of the project department, and the use of funds only rely on financial statements, lack detailed, accurate management means, can't be very Timely data analysis and decision.
The group's financial management and financial policy of each molecule company and the direct management project lack the financial accounting of the Group's financial accounting, the management system is not well implemented in the subordinate unit; the organizational level is more, the distribution is wide, the last Level Project Department is too dispersed, difficult to manage; the budget management is weak, and it is difficult to control the pre-control; the cost management of project cost management is not fully resolved.
It is impossible to master the cost of cost, and its profit and loss group is difficult to control the cost, income and profit status of each company and its sub-projects, as well as the details of various projects, personnel, materials, and contracts. Revenue, detailed profit status.
Second, UF Centralized Management and Control Solutions
1. The overall goal implementation "accounting as foundation, capital management, cost management is key" and "two lines of funding payments", through the application of modern information technology and User's NC financial management software, building real Centralized financial management information system, based on information centralized storage, comprehensive sharing, access, comprehensive improvement of information timeliness, authenticity, and integration, realizing real-time decisions, monitoring, monitoring, monitoring, monitoring, monitoring, and business activities of enterprise funding activities, business activities Support; with the full budget management, project cost management, fund management function, funding, cost implementation, and effective control of capital costs, and improve fund use efficiency. 2. Build a financial centralized management platform, the previous project accounting mode is the independent financial accounting set, a single project information is clear, complete, and the project is horizontal comparison, statistics, and analysis function. The timeliness, accuracy and effectiveness of information are affected. Under the support of UF NC management software, China Construction International has established financial centralized management mode:
No longer set up financial accounting sets according to the project, but set the account set according to the accounting main body, and each account is set up, and the number of items will be greatly reduced. The number of account sets will be reduced; the domestic minor company cancels the project team finance, engineering project group The secretary will summarize the project document to the company's finance; through the network, the financial information of the project documents and financial information will be transferred to China Construction International Headquarters, and the entire group data is real-time;. Fine budget, finance staff In accordance with the project budget, the project cost is real-time,. The supervisors at all levels can query each project in their permissions, so that managers at all levels can control projects and avoid risks.
The project budget management project budget is the budget management of project expenditures, which are both based on whether each project expenditure is within the budget according to the project budget. Project Budget and Control Process (1) Preparation Project Budget. Define project cost categories and income categories as project elements classification, and consolidate various income and expenditures as cost elements according to project elements classification. Different project types account for different project elements. Each project feature is set in the base settings. Different projects require budget and budget control project elements. Before developing a project budget, projects and project elements that need to be required for budget management are developed. Enter budget data for each project and project elements depending on the basic setting. After the budget is completed, the audit is reviewed, and the budget can take effect after the review.
(2) Real-time control budget When various costs and costs in each project, financial officers entered the system (project documents), at which point the system automatically controls real-time control according to budgets, if the budget exceeds the standard, the system prompts the item, This budget is effectively controlled.
If the service is within the budget, the system automatically converts the business document into a financial credential, providing real-time dynamic information for the account processing to ensure the synchronization of business information and financial information.
(3) Budget analysis can analyze the implementation of projects from various aspects: labor fees, material fees, mechanical usage fees, etc .; project actual cost statistical analysis, project calculation results analysis, project objective cost analysis, etc.
Managers at all levels can sit in the office across time and space, real-time dynamic control of the budget implementation of each project: Project manager: Real-time dynamic control of this project budget implementation:. Molecular Division Manager: Real-Time Dynamic Controlling the Budget of the Company Execution:. Group company manager: Real-time dynamic controlling the budget implementation of all projects of the entire group:
The application value of China Construction International will organically integrate information technology and management, and construct a financial centralized management model. The establishment of this model is the real-time reflection of the entire group, and the project is real-time monitoring, and the support of the project is supported. Specifically, in the accounting, the entire group data centralized management, real-time, dynamics accurately reflect the financial status and operational results of the enterprise group; in the control, the financial staff of each molecule company uses a fine project budget to carry out real-time project processes Control, effectively reduce costs; in decision-making, managers at all levels can accelerate all project implementations of the Group, providing support for improving the operational efficiency of the project and the start of the new project.
