Will AI replace Treasurers and Controllers?

−Already happening(3)

• Prepare or direct preparation of financial statements, business activity reports, financial position forecasts, annual budgets, or reports required by regulatory agencies.
• Maintain current knowledge of organizational policies and procedures, federal and state policies and directives, and current accounting standards.
• Analyze the financial details of past, present, and expected operations to identify development opportunities and areas where improvement is needed.

~Within reach(12)

• Evaluate needs for procurement of funds and investment of surpluses and make appropriate recommendations.
• Advise management on short-term and long-term financial objectives, policies, and actions.
• Develop internal control policies, guidelines, and procedures for activities, such as budget administration, cash and credit management, and accounting.
• Coordinate and direct the financial planning, budgeting, procurement, or investment activities of all or part of an organization.
• Monitor and evaluate the performance of accounting and other financial staff, recommending and implementing personnel actions, such as promotions and dismissals.

and 7 more

+Out of reach(7)

• Monitor financial activities and details, such as cash flow and reserve levels, to ensure that all legal and regulatory requirements are met.
• Develop and maintain relationships with banking, insurance, and external accounting personnel to facilitate financial activities.
• Delegate authority for the receipt, disbursement, banking, protection, and custody of funds, securities, and financial instruments.
• Receive, record, and authorize requests for disbursements in accordance with company policies and procedures.
• Receive cash and checks and make deposits.

and 2 more