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Fortune
Fortune
Business
Sam Birchall

Companies risk a CFO talent crisis by automating junior finance roles

Colleague collaborating working together, using digital tablet for discussing sharing ideas work on projects together (Credit: Getty Images)

The work AI does best is the work nobody wants to do. In finance, that is precisely the problem.

For decades, junior accountants learned their trade by reconciling accounts, manually entering data, and grinding through the month-end close. The tasks were tedious, but they built an understanding of the mechanics of finance. It’s now possible to automate much of that work, but doing so removes a crucial stage of training for future finance chiefs.

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