In order to study the financial management mode and innovation of electric power enterprises under the current situation, a research method of electric power financial management innovation in the era of Internet of Things is proposed. According to the network topology of the system and the analysis of the Android system, the client of the financial management system, the main functional modules of the system and the data warehouse are designed. The client of the financial management system will divide the client into an information interaction unit and a data calculation unit according to the actual needs of the client; the main functional modules of the system are divided into account management unit, salary management unit, project management unit, system management unit, and fixed asset management unit. Unit, revenue and expenditure management unit and report management unit, the sub-units of each unit are divided into brief analysis, and the outpatient registration fee management module and inpatient fee management module of the revenue and expenditure management unit are introduced in detail; in the hospital financial data warehouse, in the application layer An interactive platform is built between it and the data warehouse, and the module is integrated into the existing data warehouse to realize the processing, storage and operation of massive data. The proposed system has a large operating safety factor, high user satisfaction, and an average system flexibility factor of 0.94. The power financial management information platform based on the Internet of Things has a very good performance in the application. Therefore, the method in this paper can enhance the work efficiency of electric power enterprises and enhance the core competitiveness of electric power enterprises.