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The future CFO may never have done a manual reconciliation

As AI takes over junior finance tasks, the next generation of leaders may lack the hands-on experience they need.

Image from fortune.com
Image: fortune.com · Original article

The story

Companies are automating junior finance roles, raising concerns about a future shortage of qualified CFOs due to reduced hands-on training for entry-level employees.

Source: fortune.com

Our reading

The article notes that junior finance roles are being automated, leaving fewer opportunities for trainees to learn the mechanics of finance. This shift means that future CFOs may lack the foundational understanding that came from manually reconciling accounts and entering data.

As a result, companies may need to rely more on mid-level professionals, but this creates a problem: if those mid-level pros retire, there may be no one to replace them. It’s like building a house with a roof but no foundation—eventually, something’s going to collapse.

But at least some companies, like Bunq, are still doing manual reconciliations. It’s a small act of resistance, proving that even in the age of AI, some things still need to be done by hand—and maybe, just maybe, that’s the real reason the machines are still learning.

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