Enterprise financial management is the core of enterprise management, and enterprise management is directly related to the survival and development of enterprises, so good management is the development of enterprises. With the rapid development of economy, modern enterprise financial risk management becomes more difficult. In the process of enterprise development, because the financial internal control is not perfect, there will be financial risks, which will lead to some financial risks of enterprises. If the enterprise does not carry out effective financial risk management, it will affect the healthy development of the enterprise. This paper analyzes the types of financial risks and expounds the methods of financial analysis and identification of enterprises. Analyze the reasons of financial risk and explore the preventive measures of financial management. [Keywords] Modern enterprise; Financial risk; Risk management.