2019 financial work summary and 2019 financial work plan

The finance department closely focuses on the development direction of the group company. While providing services for the whole company, it carefully organizes accounting and standardizes various financial basic work. From the perspective of financial management and strategic management, we will continue to improve the quality of financial services with cost as the center and capital as the link. A lot of meticulous work was done in 2019:

1. Strictly abide by the financial management system and tax regulations, earnestly perform duties, and organize accounting

The main responsibility of the Finance Department is to do a good job in financial accounting and accounting supervision. All personnel of the Finance Department have strictly abide by the state financial accounting system, tax regulations, the financial system of the Group Corporation and other financial laws and regulations of the state, and earnestly perform the duties of the Finance Department. From the charge to the cashier's original income and expenditure operations; from the weighbridge to the statistics of the entry of basic data, the preparation of statistical statements; from the examination of the original voucher, the entry of accounting accounting vouchers, to the preparation of financial accounting statements; from various taxes The fee is mentioned in the tax return and payment; from the arrangement of the fund plan to the unified transfer and payment of all funds, each financial staff is diligent, hardworking, hard-working, and earnestly performs their duties. The system realizes the timeliness and accuracy of the collection, processing and transmission of accounting information.

Second, the implementation of erp software as an opportunity to standardize the various financial basic work

After two months of preparation and preparation of the erp project, the finance department started the erp project sales management, procurement management, contract management, and inventory management modules according to the requirements of the new enterprise accounting system and the actual situation of the group company. Initialize the work. The basic data such as suppliers, customers, inventory, and departments are set according to the actual business processes, and the problems and deficiencies found in the usual statistics and sales are improved and improved. Such as: set the "inventory price adjustment order", so that the sales price of the oil products operate according to the current process specifications; set the ordinary purchase orders and special purchase orders, standardize the operation process of the ordinary procurement business and special procurement business; On the basis of comprehensive clean-up of all physical assets, the department divides the physical assets into 9 categories, and on this basis, completes the initialization of the erp system inventory management module. The erp system was officially launched in early August, and the original statistical software was running at the same time in early October. The financial accounting module has been upgraded to the erp system and is working fine.

Third, formulate a financial cost accounting system and strictly control costs

According to the Group's economic responsibility index issued at the beginning of the year, the Ministry of Finance has decomposed the relevant economic responsibility indicators, formulated a cost accounting plan, reasonably confirmed the income amount, unified the accounting standards for costs and expenses, and carried out the department's department cost. Accounting work, performance evaluation of the department. Strictly control costs during financial execution. The Finance Department summarizes the implementation of income, costs and expenses monthly. From mid-month to the responsible units, it analyzes the operation status and indicators, and assists the responsible persons of each responsible unit to strengthen management and improve economic efficiency.

Fourth, the funds are controlled in an orderly manner, and the overall fund size of the group is reasonably controlled.

Due to the unstable price of the raw material market, the sales market is also volatile, and it requires a lot of money in oil production and sales. To this end, the Finance Department on the one hand timely reconciles with customers, strengthens the timely withdrawal of sales of goods, in the funding arrangements, to be fair, transparent, first and then slow; on the other hand, according to the group company's business policies and plans, reasonable The Ministry of Finance cooperates with the Ministry of Finance to arrange financing progress and quotas.

The comprehensive regulation and control with funds as the link has promoted the orderly development of the production and operation of the entire group.

V. Strengthening the construction of financial management system and improving the quality of financial information

In accordance with the actual implementation of the “ Financial Revenue and Expenditure Management Rules” originally formulated by the company, the Finance Department has comprehensively formulated a financial management system system, including: the Ministry of Finance , in order to further standardize the financial work of the Group and improve the quality of accounting information. Organizational and job responsibilities, financial accounting system, internal control system, erp management system, budget management system. Through the division of responsibilities of financial personnel, the accounting calculation of each company to the accounting statements from the timeliness of submission, data accuracy, standardization of the report format, integrity and other aspects have made a relatively systematic regulation, thereby gradually improving the quality of accounting information Provides reliable and useful information for leadership decision making and financial analysis by managers.

The Ministry of Finance usually solves the problems arising in the preliminary work through regular or irregular exchange meetings, arranges the main work in the later stage, and gradually regulates various financial activities so that all aspects of the financial work can be effectively operated according to certain financial rules and procedures. And control.

6. Conducted self-examination activities for tax-related businesses and the implementation of corporate accounting systems, accounting laws and other financial laws and regulations.

In order to standardize financial behavior, in conjunction with the audit and audit work of the year-end and early-year settlement, the Finance Department organized a financial self-examination activity for the 2019 year-end financial statements in the Group's company, and cleared the affiliates before the year-end final settlement. The current amount of funds, inspection of unconstructed projects under construction, timely tracking of the financial interest expenses paid, and a series of financial self-examination activities. The taxation firm was asked to pre-examine the accounting treatment in XX, and timely rectified the problems found in the audit and self-examination, reducing the tax-related risks.

7. Organize financial personnel training to improve team cohesion

The Finance Department organized two batches of training and experience exchange meetings for financial personnel. The work summary and expected work plan for the entire financial system were made. The financial personnel were divided into two groups: accounting, cashier, statistics, and fees. Problems in actual work. Through the special lectures on internal control and tax risks of Nanfeng Certified Public Accountants, the tax knowledge of financial personnel has been enriched. In-depth exchanges were invited from the Audit Department, the Capital Department, the Assets Department and the Finance Department. It has enhanced the collaboration of all departments in the financial chain, strengthened the sense of responsibility of accountants in various positions, and promoted exchanges, cooperation and solidarity in various positions.

8. Put forward a comprehensive budget management plan and establish a comprehensive budget management model for the group company.

According to the implementation of the 2019 business objectives and various cost accounting indicators, the Ministry of Finance has proposed a comprehensive budget management plan. The overall budget management is decomposed into the various economic responsibility units of the enterprise according to the business objectives and development goals set by the enterprise. The series of budget, control, coordination and assessment establish a set of scientific and complete indicator management and control system for the content. Based on the data of 2019 and the previous years' operating data, a series of budget indicators such as cost and expense budget, sales budget, personnel budget, and target profit budget for each unit in 2019 are formulated, and it is hoped that “distributed power and centralized supervision” will be adopted. Effectively configure enterprise resources, improve management effectiveness, and achieve corporate goals.

In 2019, in order to achieve the overall budget management and overall development goals of the Group's companies, the work of the Finance Department has a long way to go. To this end, we need to continue to do our work in the following areas:

1. Do a good job in the income tax settlement and payment in the first half of the year and the first quarter, and reasonably reduce various tax risks.

2. Tracking the implementation of the budget according to the comprehensive budget management system and budget management indicators, monitoring the implementation of budgetary expenses and preliminary review of over-budgetary expenses, providing accurate and timely summary analysis of budget executions in a timely manner, in order to realize the Group and various units. The budget indicator proposes a feasible measure or recommendation.

3. Cooperate with the group headquarters to carry out special inspections on income, cost and expenses, strengthen the control and enforcement of non-production expenses and controllable expenses, and never overspend.

4. Strengthen fund management and unified deployment, and adjust and manage various operating funds according to the work plan of the Group Headquarters Funding Department.

5. Continue to improve various financial management systems and internal control systems, such as financial accounting management systems, sales and collections, procurement and payment internal control, accounting, statistics, fees, cashiers and other financial personnel job evaluation methods.

6. Strengthen the financial knowledge of the financial personnel, the enterprise accounting system and the state's relevant financial and economic regulations, and combine the financial personnel assessment methods to gradually improve the financial personnel's professional knowledge, skills and professional judgment.