People Team AI Ask about a date

How exposed to AI is a Financial Manager?

Of the 21 tasks O*NET lists for financial managers, 1 could be done in half the time with a chat window today. 3 cannot be sped up at all. Here is which.

Exposure means published research judged an AI could halve the time a task takes, at the same quality. It does not mean the task stops needing a person. How to read this

Also called
Accounting SupervisorBanking Center Manager (BCM)Branch ManagerBusiness Banking ManagerCredit Administration ManagerCredit ManagerFinancial Center ManagerFinancial Planning ManagerFinancial Reporting ManagerFinancial Systems Manager
Reachable today Needs software built first Cannot be sped up
21
tasks rated for this occupation
77%
hold a degree, from a survey of only 17
681k
people do this job in the US
7 of 56
least protected in management

Every task, and what AI can do with it

These are O*NET's task statements for this occupation, exactly as written, sorted into the three bands by the ratings behind this report. Nothing has been reworded.

Reachable with a chat window today

1
  • Evaluate financial reporting systems, accounting or collection procedures, or investment activities and make recommendations for changes to procedures, operating systems, budgets, or other financial control functions

Only with software built on top

17
  • Establish and maintain relationships with individual or business customers or provide assistance with problems these customers may encounter
  • Oversee the flow of cash or financial instruments
  • Plan, direct, or coordinate the activities of workers in branches, offices, or departments of establishments, such as branch banks, brokerage firms, risk and insurance departments, or credit departments
  • Evaluate data pertaining to costs to plan budgets
  • Establish procedures for custody or control of assets, records, loan collateral, or securities to ensure safekeeping
  • Communicate with stockholders or other investors to provide information or to raise capital
  • Develop or analyze information to assess the current or future financial status of firms
  • Prepare financial or regulatory reports required by laws, regulations, or boards of directors
  • Examine, evaluate, or process loan applications
  • Network within communities to find and attract new business
  • Prepare operational or risk reports for management analysis
  • Plan, direct, and coordinate risk and insurance programs of establishments to control risks and losses
  • Review collection reports to determine the status of collections and the amounts of outstanding balances
  • Analyze and classify risks and investments to determine their potential impacts on companies
  • Direct insurance negotiations, select insurance brokers or carriers, and place insurance
  • Submit delinquent accounts to attorneys or outside agencies for collection
  • Review reports of securities transactions or price lists to analyze market conditions

Cannot be sped up

3
  • Recruit staff members
  • Oversee training programs
  • Approve, reject, or coordinate the approval or rejection of lines of credit or commercial, real estate, or personal loans
What this does not say

This is not a prediction about your job

Nobody surveyed an employer. Tasks are counted equally, so a percentage here is a share of the list rather than a share of your week. And the ratings were made in 2023, which makes every figure a floor rather than a ceiling.

It must never be used to select anyone for redundancy. The full limits are here.

Where to go next

This is the standard task list for the title. The useful next question is which of the tasks you actually do should go near AI, and which should not.

Sort your own tasks Read the full report

Exposure ratings from Eloundou, Manning, Mishkin and Rock, GPTs are GPTs: Labor market impact potential of LLMs, Science 384, 1306–1308, 2024, used under the MIT licence. This page includes information from the O*NET Database by the U.S. Department of Labor, Employment and Training Administration (USDOL/ETA), used under the CC BY 4.0 license. O*NET® is a trademark of USDOL/ETA. People Team AI has modified all or some of this information. USDOL/ETA has not approved, endorsed, or tested these modifications. Employment figures from the US Bureau of Labor Statistics.