Fan Jun (Shanghai College of Publishing and Printing, Shanghai 200093) Abstract: Against the backdrop of accelerating global economic integration and digital transformation, enterprises increasingly demand advanced financial management capabilities. Traditional decentralized financial management models struggle to meet the operational requirements for efficiency, precision, and cost reduction. Financial Shared Services (FSSC), as an innovative model for corporate financial management, enhances operational efficiency, reduces costs, and drives the upgrading and optimization of financial functions through centralization, process standardization, and the application of intelligent technologies. However, with the continuous evolution of the market environment, the deepening application of new technologies, and adjustments to corporate organizational structures, this model still faces numerous challenges in practice. Therefore, this paper explores these issues to seek countermeasures and optimization pathways. First, this paper delves into the core elements of the financial shared services model. Second, it examines new implementation pathways under evolving conditions from four perspectives: digital technology empowerment, the scope of financial shared services, risk control and compliance management, and organizational and managerial innovation within shared service centers. Finally, it advocates for enterprises to deepen the synergy between finance and business operations, enhance overall operational efficiency, and accelerate the transformation and upgrading of financial management models. Keywords: New Conditions; Financial Shared Services; Service Model