Abdullaieva A. Formation of Organizational and Economic Mechanism for Managing Financial Resources of an Enterprise.

The thesis defines fundamental theoretical and methodological aspects to enhancing mechanism of managing financial resources of an enterprises and its practical application. Based on the analysis of existing classifications of financial resources of enterprises suggested by Ukrainian scientists, the classification for industrial enterprises according to certain features (sources, purpose, material and their structure, cycle, urgency of repayment) with the reference to sources of information is suggested. Methodological basis for making managerial decisions in terms of allocating financial resources of an industrial enterprise, regarding to the relationship between management of financial resources and the organization of production cycle, has been improved. Such a technique is based on the optimization of financial resources, taking into account the characteristics of the enterprise, the conditions of calculation and the risk of their short-term investments, and consists of several models, namely: the model of optimization of financial resources in operational activities; short-term investment optimization models into temporarily free financial resources and organizational provision of the decision-making process on managing the financial resources of an industrial enterprise. The author proposes a complex system for evaluating financial resources of an enterprise that will allow a thorough evaluation of company's financial resources, since it has an opportunity to analyze the indicators of attracting, allocating and using financial resources of the enterprise and includes an assessment of financial risks and threats that affect company's activities, which are the basis for construction an effective financial strategy and a mechanism for managing financial resources of the enterprise. The strategy of managing financial resources of an enterprise has been enhanced. It includes a model that enables choice of optimal implementation strategy, and thus makes it possible to define a set of appropriate measures that will promote effective development of an enterprise under the conditions of uncertainty, risks and existing threats. Based on the conducted research and study of theoretical aspects of the mechanisms construction, as well as peculiarities of financial resources management of enterprises, a structural model of the mechanism of management of financial resources of the enterprise is suggested. It includes organizational, functional and motivation subsystems. The thesis systematizes the components of monitoring the management of financial resources of an enterprise. It is proved that monitoring should be carried out at all levels of management of financial resources of the enterprise.