High Automation Risk
This role has an above-average probability of significant AI or automation disruption. Consider upskilling and monitoring AI tooling in this sector.
Finance Assistant
Bookkeeping, Accounting, and Auditing Clerks
O*NET 43-3031.00
🏢 For Employers
This role scores highly for automation potential. You may want to consider a technological solution - or redesign the role to focus on tasks that benefit from human judgement.
👤 For Candidates
This role is highly automatable. Unless you can augment your work using AI tools, long-term prospects in this area may be limited. Consider building complementary skills that are harder to automate.
Job Description
Automation Risk
This role contains a high proportion of routine, codifiable tasks such as transaction processing, data entry, and report generation, which are highly susceptible to automation by accounting software and RPA tools. However, tasks involving supplier and team relationships, as well as contributing insights and supporting team culture, remain human-centric and resist full automation. The high AI exposure score reflects the significant potential for GenAI and automation to augment or substitute many core tasks, especially in data handling and reporting.
Task analysis
- Maintain accurate and up-to-date financial records, including processing and recording transactions, reconciling accounts, and managing ledgers.
- Assist in preparing financial reports, such as balance sheets, income statements, and KPIs.
- Enter financial transactions into internal databases and ensure accuracy.
- Manage supplier invoices within accounting software and arrange settlement.
- Create and update expense reports, process reimbursement forms, and maintain ledgers.
- Liaise with budget managers and maintain relationships with suppliers.
- Assist in the preparation of monthly management accounts and report to the Finance Manager.
- Provide general administrative support to the Group Finance team.
- Attend team meetings and contribute towards driving the department forward, embracing cultural values and offering valuable insights.
Occupational Classification
UK Salary Benchmark
Financial service activities, except insurance and pension funding · ONS ASHE 2024 annual earnings
Key Skills
Knowledge Areas
O*NET Competency Skills
Alternative Career Paths
Takes on more complex accounting duties and supports senior accountants with reconciliations and reporting.
Focuses on managing supplier invoices, payments, and expense claims within the finance function.
Manages payroll processing and related financial records for employees.
Provides broader administrative and financial support across different departments.
Also Consider
🔥 Hot Technologies
In-demand tools for this occupation (O*NET)
Work Activities
General work activities from O*NET
- Working with Computers
- Getting Information
- Documenting/Recording Information
- Establishing and Maintaining Interpersonal Relationships
- Communicating with Supervisors, Peers, or Subordinates
- Identifying Objects, Actions, and Events
- Organizing, Planning, and Prioritizing Work
- Processing Information
- Performing Administrative Activities
- Communicating with People Outside the Organization
- Making Decisions and Solving Problems
- Updating and Using Relevant Knowledge
- Evaluating Information to Determine Compliance with Standards
- Monitoring Processes, Materials, or Surroundings
- Analyzing Data or Information
Anthropic Economic Index
Real-world AI adoption data from millions of Claude conversations · Dataset ↗
Observed Claude Usage
31%
of conversations
Classic Auto. Risk
98%
Frey & Osborne
Job Zone
3/5
Medium prep
O*NET Median Salary
£32k
US ref. $40k · fx 0.79
Occupational family: Office and Administrative Support
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