The demonstration and exchange activities of the systematic construction of management accounting in Shanghai were held in Xinshida

Create Date: 2024-8-30 12:03:23|Source: Xinshida/STEP

On September 17, the Management and Accounting Office of the Shanghai Municipal Bureau of Finance held a demonstration and exchange activity on the systematic construction of management and accounting in Shanghai at Xinshida, inviting 16 representatives of the District Finance Bureau and a number of enterprise representatives, a total of more than 50 people to participate in the event.
The demonstration and exchange activities of the systematic construction of management accounting in Shanghai were held in Xinshida
  Zhu Gang, deputy director of the Municipal Finance Bureau's Accounting Division, first made the opening ceremony at the event, "Handling the management of accounts for many enterprises, is still a relatively vague, exploring the concept, the Ministry of Finance has been in full swing of research, will be issued in the near future to further strengthen the use of management and accounting guidance." He emphasized that the application of management and accounting should be problem-driven and result-oriented, and more systematic construction is required, not a single thing to use, but from the point to the surface, standing at the strategic height for top-level design, in-depth comprehensive application, and overall layout.

Subsequently, Li Guofan, financial director of Xinshida, delivered a speech, quoting the speech of the Minister of Industry and Information Technology, focusing on digital transformation is no longer a choice question, but a compulsory course related to survival and development. Digitalization has become a frontal battlefield in the new pattern of global competition. CFOs of Chinese enterprises should take advantage of the trend, take the digital transformation of finance as the engine, promote the digital transformation of enterprises, handle the management and accounting, make overall planning in system construction, and mix and match soft and hard in capacity building.

Tan Zhaohui, financial director of Shanghai Xinshina Xinshida Motor Co., Ltd., shared the practice and exploration of Xinshida in handling management accounts, and introduced the opening from 1+2+3+N, that is, 1 policy: promote the invention of enterprise value; 2 major supports: strategy and organizational structure, during which the focus is on the construction of the three pillars of finance, COE center, sharing center, and financial BP; 3 foundations, digital drive, information system, talent construction; N things: ROE endogenous provocation, BSC performance evaluation, BLM strategy design, IPD from 0 to 1, LTC from 1 to N, OKR aggregation policy. The sharing is in line with the systematic construction of management and accounting promoted by the Municipal Finance Bureau, and gives other participants a favorable reference.

Zhu Tian, deputy general manager of the Planning and Finance Department of Shanghai Chengtou (Group) Co., Ltd., shared the financial ideas and algorithms in the intelligent era, he focused on the primary need for management and accounting is to change the mind, and the future financial thinking is people-oriented, human-machine collaboration, human dominance, and invention value. He also combined many examples of real-life thinking algorithms, such as Go Alpha, autonomous driving system, big data killing, etc., and emphasized the importance of human-machine collaboration in the future.

Finally, Zhang Zhenkui, Director of Marketing Department of Shanghai Xinshida Robot Co., Ltd., led us to visit the Xinshida Robot Smart Factory, which is one of the first 20 smart factories in Shanghai and the second factory in the world where robots make robots. The Shanghai Municipal Commission of Economy and Information Technology specially promoted the first batch of 20 smart factories in Shanghai - Xinshida Robot Smart Factory, which has created a benchmark for intelligent production in the messy and discrete manufacturing industry, and is a milestone in the practice and exploration of intelligent production by China's robot enterprises. Xinshida is also the first Chinese brand to enter the global industrial robot shipment club of 20,000 units.

Through this activity, we have improved our understanding of the concept of handling management accounts, learned excellent experience sharing, and laid a foundation for further promoting the systematic application of management and accounting.

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