AI mentions in CFO job listings rises 15% in 2024 - Datarails study
The number of US chief financial officer roles requiring knowledge of artificial intelligence has risen by 15% during the first quarter of 2024, an analysis of 2000 open job posts reveals. By April 2024, 23% of job listings mentioned CFOs requiring familiarity with AI.
The study analyzed 2,000 job listings for CFOs, FP&A professionals, Controllers, and Senior Accountants in January and April 2024.
The research examined job listings from major US companies including HSB, Prudential, Royal Caribbean Group, and Honeywell, on Glassdoor, Indeed, Job2Careers, and ZipRecruiter.?
CFOs saw the highest increase in mentions of AI skills (15%) with nearly one quarter (23%) of US CFO jobs requiring AI expertise or knowledge by April 2024. In second-place, FP&A roles saw a 9% rise in mentions of AI in this period (25% of all FP&A roles). Accountants saw a 4% rise in this period (with AI mentioned in 17% of all accountant roles by April 2024), and controllers (only a 1% increase, and 15% of all controller jobs).?
For instance, House of Sillage required a CFO “adept at leveraging technology and AI to drive growth and efficiency, with experience in firm acquisitions and predictive analytics”. A listing for a New York based series C-Startup is hunting for a CFO “passionate about harnessing the power of AI to solve complex challenges”. A post for Division CFO at Crossover requires “using your financial systems expertise to simplify complex tasks and infuse AI-driven insights into day-to-day operations". And to be the CFO of FD Capital requires familiarity with “Web3 and AI technologies."?
Soft Skills Rising by 5% in Finance teams
“Soft skills”–traits less able to be replicated by AI–saw a 5% increase in mentions across job posts in the CFO’s Office in 2024. Of these soft skills, “attention to detail” rose fastest for chief financial officer roles (18.7%). This comes at a time when “trusting and verifying” AI outputs is vital within finance. For accountants, “problem solving” is the fastest rising soft skill (15% increase) while “self motivation” is fastest rising m (13.3% increase) in controller job postings.?
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