Will AI replace Financial Managers?

AI can do 92% of the work Financial Managers do at least twice as fast. People already use it for 5 of their 17 tasks, while 10 more are ready but barely used so far. 2 still need a person.

AI is already doing this5 · 29% of time

People already use AI for these tasks in real work, based on Anthropic's analysis of how Claude is used.

  • Develop or analyze information to assess the current or future financial status of firms.Mostly automated12% of time
  • Establish and maintain relationships with individual or business customers or provide assistance with problems these customers may encounter.Mostly automated8% of time
  • Recruit staff members.Mostly automated3% of time
  • Examine, evaluate, or process loan applications.Mostly automated3% of time
  • Review reports of securities transactions or price lists to analyze market conditions.Mostly automated2% of time

AI could do this next10 · 64% of time

AI can speed these up by at least half, but real use has not caught up yet. These are next in line.

  • 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.14% of time
  • Evaluate data pertaining to costs to plan budgets.10% of time
  • Prepare financial or regulatory reports required by laws, regulations, or boards of directors.10% of time
  • Oversee the flow of cash or financial instruments.7% of time
  • 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.7% of time
  • Prepare operational or risk reports for management analysis.5% of time
  • Network within communities to find and attract new business.4% of time
  • Communicate with stockholders or other investors to provide information or to raise capital.2% of time
  • Review collection reports to determine the status of collections and the amounts of outstanding balances.2% of time
  • Establish procedures for custody or control of assets, records, loan collateral, or securities to ensure safekeeping.2% of time

Still needs a person2 · 8% of time

No real AI use, no proven AI speedup and no robot that can do it yet. This is the part of the job to build on.

  • Approve, reject, or coordinate the approval or rejection of lines of credit or commercial, real estate, or personal loans.4% of time
  • Oversee training programs.3% of time

Your week is not the average

Describe what you actually do and get a personal report: your own tasks, what AI can already do, what stays yours and a 90 day plan.

Get my personal report

What this means

AI can already do almost all of this work at least twice as fast. Real use is still behind at 27 out of 100, so the change here is only getting started. Expect the role to shift toward deciding what to do, checking AI's work and owning the result.

What to do next

  • Do the 5 tasks AI is already handling with AI yourself. Your peers already are, and it is quickly becoming the baseline.
  • Get ahead on the 10 tasks AI could do next. These move as tools improve, so learning them early pays off.
  • Build on the 2 tasks that stay human. This is where your judgment, skill and relationships matter most.
Treasurers and Controllers76%Investment Fund Managers98%Purchasing Managers92%Training and Development Managers89%Quality Control Systems Managers81%Computer and Information Systems Managers80%

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