As an accountant, the reading guide must clearly understand the professional terms of the accounting industry. Financial BP is one of them, and it is also the link between financial and business departments. People who are engaged in this position have strong ability and problem-solving ability. So what is financial BP? What are their job responsibilities? Let's take a look together.

What is financial BP?

Financial bp means business partner. Financial bp is the key link between financial department and business department. People in this position should not only understand finance, but also understand business, and at the same time understand various modules of financial work, do a good job as a bridge, and help business departments solve problems with financial majors.

Job responsibilities of financial BP

1, go deep into the front line of the transaction, understand the transaction requirements, sort out the financial process of the transaction line, standardize the marking process of the transaction department, and improve the transaction efficiency;

2. Assist the Ministry of Affairs to establish quantifiable KPI, track the results, optimize KPI according to the implementation, and improve financial benefits;

3. Serve as the monthly, quarterly and annual budget of the affairs department, deepen the understanding of the affairs, put forward reasonable suggestions and opinions according to the implementation of the affairs, analyze financial matters, and provide timely and useful analysis of financial status and operating conditions for the handling team;

4. According to the needs of affairs development, learn about new affairs, establish financial models, and provide strong support for the resolution plans of affairs departments and companies;

5. According to the needs of the Ministry of Affairs, improve the reporting system, improve the overall usefulness of the financial reporting system, and divide the accounting units to improve the digital visibility of the Ministry of Affairs and provide strong support and analysis for the solution;

6. By reviewing the contract, control the operational risk of the transaction from the financial point of view, and control the financial risk and related operating expenses together;

7. Track the projects of the Ministry of Affairs before, during and after, and provide timely and useful financial information for the smooth completion of the projects.

Regarding the responsibility and significance of financial BP, I will explain it to you here. I hope I can help you. More accounting related information, technical terms, national policies, etc. Please continue to pay attention, or you can come to exchange ideas!