JOB REPORT / 11-3031 · 59 TASKS

Financial Managers.

Can AI do the work of Financial Managers?

Mostly it works alongside you. Here is what shifts, task by task.

YOUR EXPERIENCE MATTERS

How does this fit your work?

How many tasks do you use AI to assist with at work?

Drag the dot. There’s no wrong answer; it starts at our estimate.

Starting pointOur estimate

The mark shows what’s typical for this job.

The parts of your job AI can already do most of:

Prepare operational or risk reports for management analysis
Evaluate data pertaining to costs to plan budgets
Prepare and file annual tax returns or prepare financial…

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A guided certificate program in AI-assisted Financial Managers work. It covers the 58 AI-affected parts of your job and ends in a capstone a person reviews.

WHAT WE LOOKED AT

Your job, task by task.

58 of 59 tasks reviewed

This job has 59 core tasks. We went through 58 of them, one at a time.

Task by task, from the work Financial Managers actually do. How we describe AI use in each task is our own read of it, not a measurement of whether AI can replace the job.

TASK 01
Prepare operational or risk reports for management analysis.
AI DOES
Pulls data, builds charts, drafts summaries, and flags anomalies automatically
YOU DO
Judge which risks are business-critical and tailor the story for your leadership team
TASK 02
Evaluate data pertaining to costs to plan budgets.
AI DOES
Pulls together cost data, flags trends, and drafts budget projections
YOU DO
Apply business context and make final calls on budget priorities
TASK 03
Prepare and file annual tax returns or prepare financial information so that outside accountants can complete tax returns.
AI DOES
Organizes financial records, flags deductions, and drafts tax form entries
YOU DO
Verify numbers, apply judgment on gray-area tax rules, and take legal responsibility for filings
TASK 04
Monitor financial activities and details, such as cash flow and reserve levels, to ensure that all legal and regulatory requirements are met.
AI DOES
Scans transactions, tracks cash flow trends, and alerts you to potential compliance gaps in real time
YOU DO
Apply judgment when rules are ambiguous and take responsibility for final compliance decisions
TASK 05
Develop internal control policies, guidelines, and procedures for activities, such as budget administration, cash and credit management, and accounting.
AI DOES
Drafts policy templates, summarizes best-practice control frameworks, and flags common compliance gaps
YOU DO
Tailor controls to your org's real risks, relationships, and regulatory requirements
TASK 06
Prepare or direct preparation of financial statements, business activity reports, financial position forecasts, annual budgets, or reports required by regulatory agencies.
AI DOES
Drafts report templates, summarizes financial data, spots patterns, and checks figures for errors
YOU DO
Own the final numbers, interpret business context, and take legal responsibility for accuracy
TASK 07
Prepare financial or regulatory reports required by laws, regulations, or boards of directors.
AI DOES
Drafts report sections, organizes data, and checks regulatory formatting rules
YOU DO
Verify numbers, apply business context, and sign your name to it
TASK 08
Compute, withhold, and account for all payroll deductions.
AI DOES
Calculates tax withholdings, flags errors, and generates deduction reports automatically
YOU DO
Review exceptions, apply judgment on complex cases, and stay current on regulation changes
TASK 09
Monitor regulatory or tax law changes to ensure fund compliance or to capitalize on development opportunities.
AI DOES
Scans regulatory databases, flags relevant law changes, and summarizes key impacts
YOU DO
Decide how each rule change applies to your specific fund and clients
TASK 10
Verify regulatory compliance of transaction reporting.
AI DOES
Scans transaction reports for errors, flags missing data, and checks rules automatically
YOU DO
Own the final compliance sign-off and interpret ambiguous regulatory gray areas
TASK 11
Review offering documents or marketing materials to ensure regulatory compliance.
AI DOES
Scans documents for regulatory red flags, missing required disclosures, and problematic language patterns
YOU DO
Own the final judgment and sign off on legal and regulatory responsibility
TASK 12
Coordinate and direct the financial planning, budgeting, procurement, or investment activities of all or part of an organization.
AI DOES
Builds financial models, flags budget variances, and generates planning reports
YOU DO
Lead people through tradeoffs and own the final financial strategy
TASK 13
Analyze acquisitions to ensure conformance with strategic goals or regulatory requirements.
AI DOES
Scans deal documents, checks regulatory rules, and highlights mismatches with stated fund strategy
YOU DO
Judge whether a deal truly fits the fund's vision and relationships, not just the written rules
TASK 14
Select specific investments or investment mixes for purchase by an investment fund.
AI DOES
Screens thousands of securities, runs quantitative models, flags patterns, and generates portfolio options
YOU DO
Apply judgment on risk appetite, macro context, and fiduciary responsibility
TASK 15
Monitor financial or operational performance of individual investments to ensure portfolios meet risk goals.
AI DOES
Tracks metrics, spots outliers, and summarizes portfolio performance in real time
YOU DO
Decide when a red flag is actually a deal-breaker versus normal noise
TASK 16
Evaluate needs for procurement of funds and investment of surpluses and make appropriate recommendations.
AI DOES
Pulls financial data, runs cash flow models, and flags funding gaps or surplus opportunities
YOU DO
Weigh organizational risk tolerance and build trust with lenders and stakeholders
TASK 17
Establish procedures for custody or control of assets, records, loan collateral, or securities to ensure safekeeping.
AI DOES
Drafts procedure documents, checks them against regulations, and spots missing steps
YOU DO
Own the final judgment on risk, accountability, and real-world enforcement
TASK 18
Communicate with stockholders or other investors to provide information or to raise capital.
AI DOES
Drafts investor letters, summaries, and talking points from financial data
YOU DO
Build real relationships and read the room with investors
TASK 19
Oversee the flow of cash or financial instruments.
AI DOES
Monitors transactions, spots patterns, and flags anomalies in real time
YOU DO
Apply business context and make final calls on risk and timing
TASK 20
Perform tax planning work.
AI DOES
Drafts tax scenarios, surfaces relevant tax law changes, and flags deduction opportunities
YOU DO
Own the final strategy and weigh business risk the company actually faces
TASK 21
Conduct or coordinate audits of company accounts and financial transactions to ensure compliance with state and federal requirements and statutes.
AI DOES
Scans transactions, spots patterns, and checks rules against large datasets fast
YOU DO
Apply professional judgment, handle interviews, and take legal responsibility for audit conclusions
TASK 22
Attend investment briefings or consult financial media to stay abreast of relevant investment markets.
AI DOES
Scans financial news, summarizes briefings, and flags relevant market updates instantly
YOU DO
Judge which signals actually fit your fund's strategy and risk appetite
TASK 23
Prepare for and respond to regulatory inquiries.
AI DOES
Drafts response letters, surfaces relevant rules, and organizes supporting documents
YOU DO
Own the legal judgment, negotiate with regulators, and take accountability for every position
TASK 24
Provide direction and assistance to other organizational units regarding accounting and budgeting policies and procedures and efficient control and utilization of financial resources.
AI DOES
Drafts policy memos, summarizes budget rules, and flags procedure gaps
YOU DO
Build trust with teams and tailor advice to each unit's real situation
TASK 25
Handle all aspects of employee insurance, benefits, and casualty programs, including monitoring changes in health insurance regulations and creating budgets for benefits and worker's compensation.
AI DOES
Scans regulatory updates, summarizes policy changes, and builds draft budget models for benefits and workers' comp
YOU DO
Own final decisions on coverage, vendor relationships, and legal compliance
TASK 26
Determine depreciation rates to apply to capitalized items and advise management on actions regarding the purchase, lease, or disposal of such items.
AI DOES
Looks up IRS or GAAP depreciation rules, builds schedules, and flags options for buy vs. lease vs. dispose
YOU DO
Weigh company strategy, risk, and relationships before advising leadership
TASK 27
Manage investment funds to maximize return on client investments.
AI DOES
Screens stocks, runs risk models, spots market patterns, and drafts portfolio reports
YOU DO
Apply judgment about client goals, market uncertainty, and relationship trust
TASK 28
Select or direct the execution of trades.
AI DOES
Scans markets, flags trade signals, and runs execution algorithms
YOU DO
Own the final decision on risk, timing, and client fit
TASK 29
Identify group or individual target investors for a specific fund.
AI DOES
Scans investor databases, screens for matching criteria, and drafts ranked prospect lists
YOU DO
Apply relationship knowledge and read subtle investor preferences AI can't access
TASK 30
Direct activities of accounting or operations departments.
AI DOES
Flags data errors, summarizes reports, and drafts operational updates
YOU DO
Own the decisions about people, priorities, and accountability
TASK 31
Approve, reject, or coordinate the approval or rejection of lines of credit or commercial, real estate, or personal loans.
AI DOES
Pulls credit data, scores risk, flags red flags, and drafts recommendation summaries
YOU DO
Own the final yes/no decision and handle edge cases, exceptions, and borrower relationships
TASK 32
Lead staff training and development in budgeting and financial management areas.
AI DOES
Drafts training slides, quizzes, and financial explainers fast
YOU DO
Read your team's skill gaps and coach them in the moment
TASK 33
Establish and maintain relationships with individual or business customers or provide assistance with problems these customers may encounter.
AI DOES
Drafts follow-up messages, summarizes account history, and flags customer issues for review
YOU DO
Show up with empathy and build real trust through personal connection
TASK 34
Recruit staff members.
AI DOES
Drafts job descriptions, screens resumes, and schedules interviews
YOU DO
Read people, judge culture fit, and build trust with candidates
TASK 35
Hire or evaluate staff.
AI DOES
Screens resumes, flags keyword matches, and drafts interview questions
YOU DO
Read the person in the room and make the final trust call
TASK 36
Oversee training programs.
AI DOES
Drafts training content, tracks completion data, and flags skill gaps
YOU DO
Read your team's real needs and motivate people to grow
TASK 37
Delegate authority for the receipt, disbursement, banking, protection, and custody of funds, securities, and financial instruments.
AI DOES
Drafts delegation frameworks, summarizes compliance rules, and tracks who holds what authority
YOU DO
Own the accountability and judge who can be trusted with financial authority
TASK 38
Supervise employees performing financial reporting, accounting, billing, collections, payroll, and budgeting duties.
AI DOES
Summarizes team reports, drafts feedback templates, and flags unusual patterns in work output
YOU DO
Build trust with your team and make the tough calls about people
TASK 39
Meet with investors to determine investment goals or to discuss investment strategies.
AI DOES
Prepares meeting briefs, summarizes investor profiles, and suggests talking points based on goals
YOU DO
Build trust, read the room, and make judgment calls on sensitive financial decisions
TASK 40
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.
AI DOES
Drafts reports, tracks team performance metrics, flags issues in data, and suggests scheduling or workflow improvements
YOU DO
Build trust with your team, read the room, and make tough calls about people and priorities
TASK 41
Develop and maintain relationships with banking, insurance, and external accounting personnel to facilitate financial activities.
AI DOES
Drafts emails, summarizes past interactions, and flags follow-up needs
YOU DO
Show up, build trust, and read the room in real conversations
TASK 42
Monitor and evaluate the performance of accounting and other financial staff, recommending and implementing personnel actions, such as promotions and dismissals.
AI DOES
Pulls together performance metrics, flags attendance or error trends, and drafts evaluation summaries
YOU DO
Make the final call on people's careers and deliver feedback with empathy and fairness
TASK 43
Network within communities to find and attract new business.
AI DOES
Researches target contacts, drafts personalized outreach emails, and suggests talking points
YOU DO
Show up in person, build real trust, and read the room in conversations
TASK 44SOURCE-BACKED TASK
Receive, record, and authorize requests for disbursements in accordance with company policies and procedures.
AI DOES
Processes standard requests and flags policy violations
YOU DO
Authorize complex cases with judgment
About this analysis
47% · Methodology: exposure-v1 · Analysis date: unavailable · Confidence: medium
TASK 45SOURCE-BACKED TASK
Examine, evaluate, or process loan applications.
AI DOES
Scans documents and calculates risk scores
YOU DO
Decide on borderline cases and exceptions
About this analysis
47% · Methodology: exposure-v1 · Analysis date: unavailable · Confidence: medium
TASK 46SOURCE-BACKED TASK
Develop or implement fund investment policies or strategies.
AI DOES
Analyzes market data and suggests portfolio allocations
YOU DO
Set risk tolerance and final strategy
About this analysis
38% · Methodology: exposure-v1 · Analysis date: unavailable · Confidence: medium
TASK 47SOURCE-BACKED TASK
Develop or analyze information to assess the current or future financial status of firms.
AI DOES
Crunches numbers and spots financial patterns
YOU DO
Interpret what the trends really mean
About this analysis
37% · Methodology: exposure-v1 · Analysis date: unavailable · Confidence: medium
TASK 48SOURCE-BACKED TASK
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.
AI DOES
Analyzes data patterns and flags potential issues
YOU DO
Judge priorities and sell the changes
About this analysis
36% · Methodology: exposure-v1 · Analysis date: unavailable · Confidence: medium
TASK 49SOURCE-BACKED TASK
Evaluate the potential of new product developments or market opportunities, according to factors such as business plans, technologies, or market potential.
AI DOES
Analyzes market data and financial projections
YOU DO
Judge the vision and make the call
About this analysis
36% · Methodology: exposure-v1 · Analysis date: unavailable · Confidence: medium
TASK 50SOURCE-BACKED TASK
Perform or evaluate research, such as detailed company or industry analyses, to inform financial forecasting, decision making, or valuation.
AI DOES
Gathers data and creates initial analysis frameworks
YOU DO
Judge what drives real value
About this analysis
34% · Methodology: exposure-v1 · Analysis date: unavailable · Confidence: medium
TASK 51SOURCE-BACKED TASK
Review reports of securities transactions or price lists to analyze market conditions.
AI DOES
Scans transaction data and flags price patterns
YOU DO
Interpret what the patterns mean
About this analysis
33% · Methodology: exposure-v1 · Analysis date: unavailable · Confidence: medium
TASK 52SOURCE-BACKED TASK
Develop, implement, or monitor security valuation policies.
AI DOES
Analyzes market data and suggests valuation models
YOU DO
Set policy direction and approve frameworks
About this analysis
32% · Methodology: exposure-v1 · Analysis date: unavailable · Confidence: medium
TASK 53SOURCE-BACKED TASK
Develop or direct development of offering documents or marketing materials.
AI DOES
Generates initial drafts and marketing copy
YOU DO
Shape the strategy and approve the message
About this analysis
32% · Methodology: exposure-v1 · Analysis date: unavailable · Confidence: medium
TASK 54SOURCE-BACKED TASK
Review collection reports to determine the status of collections and the amounts of outstanding balances.
AI DOES
Scans reports and flags overdue accounts
YOU DO
Decide next steps and priority actions
About this analysis
30% · Methodology: exposure-v1 · Analysis date: unavailable · Confidence: medium
TASK 55SOURCE-BACKED TASK
Analyze the financial details of past, present, and expected operations to identify development opportunities and areas where improvement is needed.
AI DOES
Processes data and highlights patterns in financial trends
YOU DO
Decide which opportunities to pursue
About this analysis
22% · Methodology: exposure-v1 · Analysis date: unavailable · Confidence: medium
TASK 56SOURCE-BACKED TASK
Present investment information, such as product risks, fees, or fund performance statistics.
AI DOES
Generates charts, tables, and performance summaries
YOU DO
Explain what it means for each client
About this analysis
20% · Methodology: exposure-v1 · Analysis date: unavailable · Confidence: medium
TASK 57SOURCE-BACKED TASK
Maintain current knowledge of organizational policies and procedures, federal and state policies and directives, and current accounting standards.
AI DOES
Tracks policy updates and flags key changes
YOU DO
Judge which changes affect your work
About this analysis
7% · Methodology: exposure-v1 · Analysis date: unavailable · Confidence: medium
TASK 58SOURCE-BACKED TASK
Advise management on short-term and long-term financial objectives, policies, and actions.
AI DOES
Analyzes financial data and models scenarios
YOU DO
Choose strategy based on business context
About this analysis
0% · Methodology: exposure-v1 · Analysis date: unavailable · Confidence: medium

START LEARNING AI

Practice AI.
Use your judgment.

There are 58 short lessons for this job, about 15 minutes each. Each one starts from a task above and teaches the part that stays with you.

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AT A GLANCE

Occupation: Financial Managers
SOC code: 11-3031
Tasks reviewed: 58 of 59

How we assess

PAY & OUTLOOK

Compare pay by state

Median pay (national): $166,570 · BLS OEWS 2025
Median pay (Colorado): $182,690 · BLS OEWS 2025
Employed (national): 841,710
Employed in Colorado: 10,640
Job outlook: +14.8% by 2034 · ~74,600 openings/yr

Wages from the U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics. National figures cover the United States. Job outlook is national.

How does this fit your work?

Earn a certificate in your job

Your job, task by task.

Prepare operational or risk reports for management analysis.

Evaluate data pertaining to costs to plan budgets.

Prepare and file annual tax returns or prepare financial information so that outside accountants can complete tax returns.

Monitor financial activities and details, such as cash flow and reserve levels, to ensure that all legal and regulatory requirements are met.

Develop internal control policies, guidelines, and procedures for activities, such as budget administration, cash and credit management, and accounting.

Prepare or direct preparation of financial statements, business activity reports, financial position forecasts, annual budgets, or reports required by regulatory agencies.

Prepare financial or regulatory reports required by laws, regulations, or boards of directors.

Compute, withhold, and account for all payroll deductions.

Monitor regulatory or tax law changes to ensure fund compliance or to capitalize on development opportunities.

Verify regulatory compliance of transaction reporting.

Review offering documents or marketing materials to ensure regulatory compliance.

Coordinate and direct the financial planning, budgeting, procurement, or investment activities of all or part of an organization.

Analyze acquisitions to ensure conformance with strategic goals or regulatory requirements.

Select specific investments or investment mixes for purchase by an investment fund.

Monitor financial or operational performance of individual investments to ensure portfolios meet risk goals.

Evaluate needs for procurement of funds and investment of surpluses and make appropriate recommendations.

Establish procedures for custody or control of assets, records, loan collateral, or securities to ensure safekeeping.

Communicate with stockholders or other investors to provide information or to raise capital.

Oversee the flow of cash or financial instruments.

Perform tax planning work.

Conduct or coordinate audits of company accounts and financial transactions to ensure compliance with state and federal requirements and statutes.

Attend investment briefings or consult financial media to stay abreast of relevant investment markets.

Prepare for and respond to regulatory inquiries.

Provide direction and assistance to other organizational units regarding accounting and budgeting policies and procedures and efficient control and utilization of financial resources.

Handle all aspects of employee insurance, benefits, and casualty programs, including monitoring changes in health insurance regulations and creating budgets for benefits and worker's compensation.

Determine depreciation rates to apply to capitalized items and advise management on actions regarding the purchase, lease, or disposal of such items.

Manage investment funds to maximize return on client investments.

Select or direct the execution of trades.

Identify group or individual target investors for a specific fund.

Direct activities of accounting or operations departments.

Approve, reject, or coordinate the approval or rejection of lines of credit or commercial, real estate, or personal loans.

Lead staff training and development in budgeting and financial management areas.

Establish and maintain relationships with individual or business customers or provide assistance with problems these customers may encounter.

Recruit staff members.

Hire or evaluate staff.

Oversee training programs.

Delegate authority for the receipt, disbursement, banking, protection, and custody of funds, securities, and financial instruments.

Supervise employees performing financial reporting, accounting, billing, collections, payroll, and budgeting duties.

Meet with investors to determine investment goals or to discuss investment strategies.

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.

Develop and maintain relationships with banking, insurance, and external accounting personnel to facilitate financial activities.

Monitor and evaluate the performance of accounting and other financial staff, recommending and implementing personnel actions, such as promotions and dismissals.

Network within communities to find and attract new business.

Receive, record, and authorize requests for disbursements in accordance with company policies and procedures.

Examine, evaluate, or process loan applications.

Develop or implement fund investment policies or strategies.

Develop or analyze information to assess the current or future financial status of firms.

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.

Evaluate the potential of new product developments or market opportunities, according to factors such as business plans, technologies, or market potential.

Perform or evaluate research, such as detailed company or industry analyses, to inform financial forecasting, decision making, or valuation.

Review reports of securities transactions or price lists to analyze market conditions.

Develop, implement, or monitor security valuation policies.

Develop or direct development of offering documents or marketing materials.

Review collection reports to determine the status of collections and the amounts of outstanding balances.

Analyze the financial details of past, present, and expected operations to identify development opportunities and areas where improvement is needed.

Present investment information, such as product risks, fees, or fund performance statistics.

Maintain current knowledge of organizational policies and procedures, federal and state policies and directives, and current accounting standards.

Advise management on short-term and long-term financial objectives, policies, and actions.

Practice AI.Use your judgment.

Practice AI.
Use your judgment.