Financial Managers

Moderate Risk
51%

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Vote Comments (11)
AUTOMATION RISK
CALCULATED
60%
(Moderate Risk)
POLLING
42%
(Moderate Risk, Based on 566 votes)
Average: 51%
LABOR DEMAND
GROWTH
16.5%
by year 2033
WAGES
$156,100
or $75.04 per hour
Volume
787,340
as of 2023
SUMMARY
What does this snowflake show?
The Snowflake is a visual summary of the five badges: Automation Risk (calculated), Risk (polled), Growth, Wages and Volume. It gives you an instant snapshot of an occupations profile. The colour of the Snowflake relates to its size. The better the occupation scores in relation to others, the larger and greener the Snowflake becomes.
JOB SCORE
7.2/10
What's this?
Job Score (higher is better):

We rate jobs using four factors. These are:

- Chance of being automated
- Job growth
- Wages
- Volume of available positions

These are some key things to think about when job hunting.

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Calculated automation risk

60% (Moderate Risk)

Moderate Risk (41-60%): Occupations with a moderate risk of automation usually involve routine tasks but still require some human judgment and interaction.

More information on what this score is, and how it is calculated is available here.

Some quite important qualities of the job are difficult to automate:

  • Social Perceptiveness

  • Persuasion

  • Negotiation

User poll

42% chance of full automation within the next two decades

Our visitors have voted they are unsure if this occupation will be automated. This assessment is further supported by the calculated automation risk level, which estimates 60% chance of automation.

What do you think the risk of automation is?

What is the likelihood that Financial Managers will be replaced by robots or artificial intelligence within the next 20 years?

Sentiment

The following graph is shown where there are enough votes to produce meaningful data. It displays user poll results over time, providing a clear indication of sentiment trends.

Sentiment over time (yearly)

Growth

Very fast growth relative to other professions

The number of 'Financial Managers' job openings is expected to rise 16.5% by 2033

Total employment, and estimated job openings

* Data from the Bureau of Labor Statistics for the period between 2023 and 2033
Updated projections are due 09-2025.

Wages

Very high paid relative to other professions

In 2023, the median annual wage for 'Financial Managers' was $156,100, or $75 per hour

'Financial Managers' were paid 224.8% higher than the national median wage, which stood at $48,060

Wages over time

* Data from the Bureau of Labor Statistics

Volume

Significantly greater range of job opportunities compared to other professions

As of 2023 there were 787,340 people employed as 'Financial Managers' within the United States.

This represents around 0.5% of the employed workforce across the country

Put another way, around 1 in 192 people are employed as 'Financial Managers'.

Job description

Plan, direct, or coordinate accounting, investing, banking, insurance, securities, and other financial activities of a branch, office, or department of an establishment.

SOC Code: 11-3031.00

Comments (11)

Leave a comment
alex (Uncertain)
25 Aug 2025 05:34
With the rapid development of AI technology, many major tasks will increasingly be automated and streamlined. This advancement will not only drive efficiency but also lead to cost savings for organisations. As a result, certain jobs may be eliminated, and management roles could be consolidated, since AI will assist in handling complex and high-efficiency tasks that traditionally required multiple human roles.
B (Low)
27 Nov 2024 23:53
Decision making based on regulations is needed
FZ
08 Nov 2025 04:32
I like what you said because the regulations will change and I feel like there needs to be some critical thinking in place. There needs to be an ability to adjust on the fly because reprogramming is slower than a human brainstorming ideas. This is also a main reason on why I think this job will probably last longer than we think, and not become taken over by AI, but using AI as a tool for us.
David (Low)
08 Sep 2023 03:50
It would be certain that most accountant will be replaced by AI tools. However, I think finance manager position will remain for next 20 years. It will require some human responsible for all the AI work and review. Certainly these manager job will be no longer managing people only but the system.
Voter 325 (Moderate)
17 Apr 2021 16:14
I think it will be. Because AI is growing up so fast.
Zach
07 Sep 2020 22:48
@Casey kerr -- Finance Managers are business managers at corporations. They don't give financial advice to individuals. It's likely that financial advisors' jobs will change a great deal as new technologies emerge that make it easier for people to make investment decisions with machine guidance, but Finance Managers will likely remain. Someone needs to hold the checkbook and manage the budget. Someone needs to be there to decide whether to sign off on projects or not. If tasks like these are handed to robots, it will only be after sufficient technological advances that make humans obsolete in these functions. At that time, the world will look much, much different. This will be one of the later jobs to fall off.
Openyour Eyes
26 Jan 2023 13:26
Hahah sorry I guess you haven’t seen what AI can do. We’re all stuffed…
Casey kerr (Highly likely)
29 Nov 2019 06:08
Dude people shouldn't be giving financial advice. Only robots.
Bill Williams
27 Oct 2020 08:52
Finance is a very competitive field. If only robots gave financial advice, the financial competitiveness of most firms would only be limited to the specs of the robot they employed rather than the prevailing market conditions. Prevailing Market Conditions might become more unpredictable when persons using Artificial Intelligence are trying a gain a competitive edge over firms employing Artificial Intelligence only. Therefore, the firms which end up hiring a combination of tools, both human beings and artificial intelligence, will be the more successful at predicting market trends and profiting from lucrative trades and/or investments.
Paul Whitmore
16 Jun 2021 09:40
If only robots give Financial Advice, then the competitive edge to Finance will be lost, as a consequence, little to any financial gains will be made by most companies, and individuals. Finance requires the human element along with Data and Decision Science for entities to profit or to remain financially viable.
David
11 Jul 2021 05:48
Finance is a weird profession now, the tools for people to do their own retirement funds are basically all free and available. If you want to buy just FAANG stocks and hold them 20 years you'll probably be fine. What people are missing though is that stocks do not = ALL financial decisions. The intelligence it takes to mix different things together to keep risk/reward at a good balance to achieve peoples specific goals and the decision making to choose the exact financial instruments for this moment in time cannot be generically automated, there are too many variables. Financial analyst/advisor are heavy decision making jobs that require a certain knack computers just don't have and will never have.
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