Features of financial risk management of the enterprise in the conditions of transformational changes

The subject of the research is theoretical and methodological approaches to the management of financial risks of the enterprise. The purpose of the article is to study the essence of the concept of "financial risk", the factors of financial risks and the identification of the peculiarities of the management of financial risks of the enterprise in the conditions of transformational changes. Method or methodology of research. In the article, a set of methods of scientific knowledge was used to solve the tasks, which made it possible to realize the conceptual unity of scientific research. System method, method of generalization, methods of analysis and synthesis, comparison, scientific abstraction are applied. Results of the article. The article discusses approaches to defining the concept of "financial risk". Factors of financial risks of the enterprise are systematized. The need to manage the company's financial risks in conditions of transformational changes has been identified. Peculiarities and stages of financial risk management of the enterprise are studied. The conceptual principles of financial risk management of the enterprise in the system of its financial security are proposed, which will contribute to the application of risk neutralization methods and thus ensure the profitability of the business entity and a high level of financial security. Field of application of results. The results of the study can be used by enterprises in the development or modernization of the financial risk management system. Conclusions. In the conditions of instability and variability of the external economic environment, an effective financial risk management system of an enterprise has a positive effect on its financial and economic activity. In particular, it provides a set of measures to reduce the negative impact of financial risks on the results of the business entity and ensures the strengthening of its financial security in the conditions of transformational changes.