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CFO Slice equips you to stay ahead of crucial financial trends shaping your role. Every weekday, our unique blend of AI, finance experts, and researchers monitor 100,000s of sources to deliver a summary of the most pertinent and actionable insights to help you navigate, innovate, and expand.
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CFO Slice
Companies risk creating a shortage of future chief financial officers as artificial intelligence (AI) increasingly automates entry-level finance tasks traditionally used to develop accounting expertise. Nearly two-thirds of CFOs surveyed by Oliver Wyman Forum and the New York Stock Exchange expect junior positions to represent a smaller proportion of their finance teams over the next three years. Industry experts warn that replacing traditional staffing structures with fewer trainees and more experienced professionals could weaken succession planning, particularly as CFO turnover reaches record levels. Only 16% of finance chiefs report having proactive succession plans. However, companies such as GoCardless and Bunq are adapting recruitment and training to emphasize AI proficiency, critical thinking, and practical financial knowledge. Experts argue that maintaining hands-on experience, mentorship, and technical training will be essential to developing future finance leaders.
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