Liquid metal phase change materials have the advantages of high thermal conductivity and high volumetric latent heat, which are expected to address the growing challenges of thermal management of advanced electronics. In previous studies, the effect of radiative heat transfer from fins of a phase change heat sink on thermal management performance has rarely been considered. In this study, radiative coating materials with high emissivity were prepared and coated on the fins of the liquid metal phase change heat sink. The effect of radiative heat transfer on the performance of liquid metal phase change heat sink was investigated. The experimental results of continuous heating under natural convection conditions show that the introduction of the radiative coating with an emissivity of 0.9298 can extend the time for the surface temperature of the heat source to reach 100 °C by 9.4%, while shortening the recovery time of the phase change heat sink by 14.9%. The results of high-power cyclic heating indicate that the high emissivity coating can reduce the peak temperature by 16.6 °C in the tenth working cycle. A simplified numerical model was subsequently developed and validated to determine the specific effects of phase change and radiative heat transfer on the overall thermal control performance. The radiation-enhanced liquid metal phase change heat sink proposed in this study is simple and maintenance-free. It is expected to address the thermal management issues of electronic devices that cannot use active cooling or operate in thin-air environments.