IS WORK OVER?

Automation index

How much of a Financial controller’s job can AI already do?

A pack and a budget come earlier. Saying the margin is not that does not.

This percentage does not predict how many people will lose their jobs.

Task comparison

Financial controller

Where the time goes

Task weights are our estimates based on O*NET frequency data, not time shares published by O*NET.

The time saving for each task is estimated separately.

TaskShareAIPoints
Reporting, budgets and variances.
Estimate

No public source provides a precise figure. This is our estimate.

20%48%+9.6
Close, provision and check against the books.
Estimate

No public source provides a precise figure. This is our estimate.

16%32%+5.1
Management, plants and P&L owners.
Estimate

No public source provides a precise figure. This is our estimate.

16%22%+3.5
Systems, masters and data quality.
Estimate

No public source provides a precise figure. This is our estimate.

16%18%+2.9
Audit, controls and documentation.
Estimate

No public source provides a precise figure. This is our estimate.

16%16%+2.6
Not dressing an EBIT.
Estimate

No public source provides a precise figure. This is our estimate.

16%14%+2.2
Total100%26%

Modelled workweek: 100% · Public evidence: 0% · Estimate: 100% · Confidence: Low

Skills and activities

  • Reporting, budgets and variances
  • Management, plants and P&L owners
  • Systems, masters and data quality
  • Audit, controls and documentation
  • Not dressing an EBIT
  • controller
  • control de gestion
  • financial controller

Sources for this job· O*NET 13-2011.00· ESCO/ISCO 2411

Accountant

Where the time goes

Task weights are our estimates based on O*NET frequency data, not time shares published by O*NET.

The time saving for each task is estimated separately.

TaskShareAIPoints
Supervise auditing of establishments, and determine scope of investigation required.
Estimate

No public source provides a precise figure. This is our estimate.

12%22%+2.6
Analyze business operations, trends, costs, revenues, financial commitments, and obligations to project future revenues and expenses or to provide advice.
Estimate

No public source provides a precise figure. This is our estimate.

9%48%+4.3
Develop, implement, modify, and document recordkeeping and accounting systems, making use of current computer technology.
Estimate

No public source provides a precise figure. This is our estimate.

8%55%+4.4
Report to management regarding the finances of establishment.
Estimate

No public source provides a precise figure. This is our estimate.

7%55%+3.9
Inspect account books and accounting systems for efficiency, effectiveness, and use of accepted accounting procedures to record transactions.
Estimate

No public source provides a precise figure. This is our estimate.

7%55%+3.9
Prepare adjusting journal entries.
Estimate

No public source provides a precise figure. This is our estimate.

7%28%+2
Review accounts for discrepancies and reconcile differences.
Estimate

No public source provides a precise figure. This is our estimate.

6%28%+1.7
Establish tables of accounts and assign entries to proper accounts.
Estimate

No public source provides a precise figure. This is our estimate.

6%28%+1.7
Other less frequent tasks (weight estimated from frequency).
Estimate

No public source provides a precise figure. This is our estimate.

38%28%+10.6
Total100%35%

Modelled workweek: 100% · Public evidence: 0% · Estimate: 100% · Confidence: Low

Skills and activities

  • ledger entries
  • close accounts
  • reconcile banks
  • accounting department processes
  • financial department processes
  • economics
  • corporate law
  • accounting
  • inspect tax returns
  • control financial resources

Sources for this job· O*NET 13-2011.00· ESCO/ISCO 2411

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