On the goal of cost control and financial management-financial management is an important part of enterprise management, which permeates all fields and links of enterprises. Financial management is directly related to the survival and development of enterprises. In a sense, financial management is the key to the sustainable development of enterprises. However, the financial management of some enterprises is not satisfactory. There are two misunderstandings in the financial management of these enterprises: one is to simplify financial management, as if financial management is only the business of the financial department, ignoring its overall management function; Second, the financial department is completely obedient to the "boss", ignoring the regularity and relative independence of financial management itself. This paper discusses the investment management, fund management, financial supervision management and profit distribution management in enterprise financial management. First, modern enterprise system and financial management Financial management is the result of the development of social productive forces. In about 15- 16 century, the cities along the Mediterranean coast developed rapidly, and the appearance of the initial joint-stock companies required financial management to be born as an organizational form of enterprises. However, the financial management in this period was only a subsidiary part of enterprise management, with no independent function and lack of theoretical and practical experience in financial management. Therefore, this can only be the shadow period of financial management. 19 after the 1950s, with the completion of the western industrial revolution and the continuous expansion and gradual improvement of joint-stock companies, professional financial management came into being in order to meet the needs of how to raise capital, issue stocks and distribute profits. The development of enterprise management and financial management in China should be said to have taken a detour and paid a considerable price. In the era of planned economy, China's enterprise management and financial management are not aimed at pursuing enterprise benefits, and income distribution is egalitarianism under the slogan of distribution according to work. After the reform and opening up, especially in 1993, the Third Plenary Session of the 14th CPC Central Committee clearly pointed out that the reform direction of state-owned enterprises is to "establish a modern enterprise system and implement scientific enterprise management (financial management)", and financial management has been paid attention to. At present, state-owned enterprises are accelerating enterprise restructuring. A single state-owned enterprise is developing into a mixed ownership economy with diversified investors. Operators and employees hold shares, so that state-owned enterprises and employees truly become the same fate. After changing the management mechanism, state-owned enterprises will become the real market competition subject and corporate governance subject. The establishment of modern enterprise system and the restructuring of state-owned enterprises put forward more urgent and higher requirements for financial management. Supplement: 2. Being a good consultant and making a good investment decision is the most critical and important decision in all decisions of an enterprise. Therefore, we often say that an investment decision-making mistake is the biggest mistake of an enterprise, and an important investment decision-making mistake often makes the enterprise get into trouble or even go bankrupt. Therefore, an extremely important function of financial management is to be a good consultant for enterprises and make good investment decisions. Investment refers to the economic behavior of putting financial resources into an object with a view to obtaining benefits in the future. There are many types of investment: from the time of investment recovery, there are long-term investment and short-term investment; From the investment direction, there are domestic investment and foreign investment; According to the influence of investment on the future of enterprises, it can be divided into strategic investment and tactical investment, as well as initial investment and follow-up investment; Deterministic investment and venture capital; Associated investment and non-associated investment and so on. These classifications are divided from the dichotomy of logical division, and each investment itself has many types of attributes and characteristics, such as a long-term investment itself, which may be both strategic investment and venture capital. Therefore, when considering investment, we must do the following "four customs". First, control economic behavior. We must make it clear that investment is an economic behavior, and we must find the basis from economic laws, so as to make correct investment decisions. The author has investigated many wrong investment decisions of several state-owned enterprises, one of which is that investment decisions are made rashly from factors such as "politics" and "interpersonal relationship", rather than from the economic law itself. For example, the board of directors of a state-owned enterprise listened to the "hint" of the superior leader and invested 3 million in a company of the senior leader's son. As a result, "meat buns hit dogs" is gone forever; Another example is the general manager of a very successful state-owned enterprise. In order to repay his hometown, he insisted on investing 5 million yuan to set up a factory in his hometown, but his hometown did not have the conditions to set up such a factory. As a result, the factory succeeded, but it lost money every year, which became a "heavy burden" for this enterprise. Even the heads of state-owned enterprises invest state-owned assets in their relatives, friends and people around them at will. Strictly speaking, this is already a corrupt act and a crime. This investment method accounts for about 40% of the investment decision-making mistakes in the survey, which is a phenomenon worthy of attention. Another investment decision-making mistake is that the investment decision-makers themselves are poor in quality, bureaucratic, arbitrary and ignorant of economic laws. This investment method accounts for about 50% of the investment decision-making mistakes in the survey. Supplement: Second, do a good job in investigation and study, and act in strict accordance with international practices and the rule of law. Investment decision is a process. Before making an investment decision, we must make an in-depth investigation and study and make a feasibility analysis, otherwise we can't invest easily. Especially foreign investment, that is, enterprises invest in other units in the form of cash, physical objects, intangible assets or securities such as stocks and securities. , must be handled in accordance with international practice, and have reliable proof of the investor's credit and financial resources. The contract should be strictly controlled, in line with relevant legal procedures, and there should be no hidden dangers. Third, we should control the investment management procedures to make investment decisions scientific and democratic. Different types of investment have their own characteristics, so there are different management procedures that need to be approved by different departments. For example, some investments can be decided by the general manager, some investments need the approval of the board of directors, and some investments need to be reported to the higher authorities for approval. Fourth, control costs, risks and benefits. The purpose of investment is to be profitable and make money, so the investment cost should be controlled; Be risk-conscious and try to avoid risks; The investment must be profitable and recovered in time to ensure the success of the investment. Third, manage funds well to ensure the circulation and safety of enterprise funds. Of course, first of all, we must increase revenue and reduce expenditure; Secondly, through short-term financing and investment to adjust the surplus and deficiency of funds; Third, funds must be tracked and managed, so as to be earmarked for special purposes, so as to prevent funds from being misappropriated and form new "triangular debts". Supplement: Fourth, giving full play to the role of financial supervision, ensuring the preservation and appreciation of state-owned assets and improving the corporate governance structure are major issues in the current restructuring of state-owned enterprises. Enterprises must have a set of incentive mechanism in order to truly become the main body of competition and a legal entity with clear rights and responsibilities in the market economy. Building a United, pioneering and clean leading group is the key to do a good job in state-owned enterprises. In order to prevent corruption, enterprises must strengthen their supervisory role. Just like traffic rules, there is no freedom of green light without the restriction of red light. It is of great significance to give full play to the role of financial supervision in the enterprise restraint mechanism. Financial workers should have a high sense of responsibility, and those who do not follow the financial system should dare to resist until they report the situation to their superiors. Fundamentally speaking, the financial personnel of state-owned enterprises are responsible for state-owned assets, not for a specific general manager. From the rule of law, we must protect the responsibility and personal rights of financial personnel. Only in this way can we give full play to the role of financial supervision. At present, it is effective for state-owned enterprises to implement the CFO system under the management. The financial director of the directly affiliated enterprise is directly appointed by the superior competent department and the enterprise, and its organizational relationship, wages and benefits are all in the previous unit, so it can exercise the financial supervision function without worries. Supplement: V. Profit distribution management under the new situation Profit distribution refers to the distribution of enterprise net profit according to relevant state regulations and investor resolutions. Profit distribution plays a leverage role in enterprises, which is of great significance to correctly handle the economic relationship between enterprises and all aspects, mobilize the enthusiasm of all aspects and promote the development of enterprises. Over the years, under the slogan of "distribution according to work", the profit distribution of China enterprises has been seriously egalitarian, which has greatly dampened the enthusiasm of the masses, which is also an important reason why many state-owned enterprises have been in trouble for a long time. The salary of a factory director and general manager is similar to that of an ordinary employee, which is unreasonable in any way. Some factory directors and general managers have worked hard for decades, only to find that they have "nothing" and are psychologically unbalanced when they retire. Some people take risks, know the law and take bribes, forming the so-called "59-year-old phenomenon". The income of a senior intellectual and a scientific and technological worker is almost the same as that of a manual worker, which is also a very unreasonable phenomenon of profit distribution. Eating the same pot in profit distribution is a backward consciousness and is very harmful. After the reform and opening up, Comrade Deng Xiaoping put forward that "let some people get rich first", the essence of which is to break the egalitarianism of profit distribution. Comrade Deng Xiaoping put forward that "science and technology are the primary productive forces" and advocated "respecting knowledge and talents", which laid a theoretical foundation for further reform of profit distribution. At present, scientific and technological workers can share shares in science and technology and pay dividends, and enterprise managers implement the annual salary system, which can be said to be the inevitable result of profit distribution under the new situation. Distribution according to work and participation of production factors will become the main forms of enterprise profit distribution. Employee stock ownership and operator stock ownership will make enterprises and employees become the same body of interests and risks, and profits will vary with different shareholding ratios.