Research On Financial Management Mode Of Shengli Petroleum Engineering Company Based On Value-oriented

Sinopec conducted professional restructuring for petroleum engineering sector on a large scale in 2012. Shengli Petroleum Engineering Company arose at the historic moment, and mainly provides professional engineering and technical services for the exploration, development and production of oil and gas. Due to the financial management system not perfect, Shengli Petroleum Engineering Company is still using the traditional financial management mode, emphasizing on output and belittling the value, unable to cope with the fierce market competition in the international petroleum technology service market.Financial management based on value-oriented as a modern management model, plays an important role in promoting the value management and financial management. Under the background of Sinopec proposing "to strengthen the construction of value management, to build a world-class financial", putting the value management into the financial management mode, reflects value-added and long-term development needs of Shengli Petroleum Engineering Company.This article analyses theory from the financial management mode based on value-oriented firstly; then discusses Shengli Petroleum Engineering Company through the basic situation, the mode of financial management of the company and its existing problems, put forward train of thought and framework of financial management mode based on the angle of value management and international operation, and clear the financial management goal of value maximization of enterprise. And then, to build a new financial management mode from five aspects, setting up the correct concept of financial management, perfecting the financial institutions, analyzing and formulate financial strategies, strengthen financial control from the budget, fund management, cost management, risk management, capital operation management, building a scientific performance evaluation system and value contribution evaluation incentive system; At last, the article put forward the corresponding conditions and countermeasures to ensure the implementation of the new model.