Optimization And Reorganization Of Enterprise's Oversea Financial Management

After the global financial crisis, Chinese government enhanced development the strategy of "go abroad" and the investment level is speeding up, with Chinese enterprises investing purchasing, and establishing factories overseas. But many Chinese enterprises meet a lot of problems of financial management overseas, which affected the continual development oversea, even interfered the headquarters normal operations, which is the barrier to proceed the development strategy. Therefore, it is necessary to make an analysis and study on the Chinese enterprise's oversea financial management, how to optimize the financial procedure, how to rebuild the financial organization, and how to improve the ability to adapt to the oversea situation, by which to improve the competitive competence of financial management.This article studies and analyses H Group Limited financial strategy, on the Group's overseas investment, operation, management, developing course and characteristics. H Group is a large state-owned enterprise, which entered the overseas market earlier. However there are many problems on financial management and the H has been struggling in the current situation of the overseas business, due to the restriction of the local market and factor in situation.According to the currently popular theories of international financial management, combined with analysis for the overseas financial management environment of H group, as well as the group's problems of financial management, this article developed overseas financial management system about optimization and refactoring. At the same time, it designed the performance evaluation system for the Group from financial and non-financial operation and management overseas. Based on the big amount of syllabus study,. such as SWOT analyze method, the latest international finance logic introduction, as well as the current theories of popular financial instrument, this article tried to study and rebuild new content for overseas investment and financing, operations, international tax, foreign exchange, financial management.It is concluded that overseas financial management is transnational management activities of business, in which an multinational enterprise develop the operating strategy and financial policy by using financial management principle and technology method and focusing on exchange rate risk, a interest rate risk, inflation risk and political risk management in overseas culture or commercial environment.Therefore, H Group should improve the oversea financial management as following:1, The management of H group should not control it's oversea branch like a projects or sites, but using thinking and methods of transnational corporations to achieve their overseas financial management under control of the group.2. The management should be accomplished in variety of methods and tools, and put the exchange rate, interest rate, international revenue, risks into consideration when making a decision.3. It is important that overseas financial management throughout all aspects of overseas operations and management activities and fully play to the functions of supervision, control, management, at the same time, the financial performance evaluation system should be established.The research of this paper makes valuable contributions and provides a reference experience to some Chinese enterprises overseas. Readers may refer to it according to their demands.