AI offers opportunities and challenges for finance professionals. You need to overcome challenges and capitalize on opportunities early to get a head start in your career. Read how you go about it; link in the first comment.
CA Jinesh Pagaria (Jain)’s Post
More Relevant Posts
-
"Successful CFOs know that continuous learning is essential to innovation." The role of the CFO has changed. Instead of focusing on finances, you're also focused on a world of innovation, tech advancement, and AI usage. This sounds overwhelming, but through teamwork and company alignment, you can position yourself for success and creativity. Never stop learning. Use every day as an opportunity to become a little more aware and understanding of new tech evolutions and how it relates to finance and clients. That's the key to being a well-rounded leader in the finance space! 🔗: https://lnkd.in/gpEgexFz #Innovation #CFO #AI #Tech
To view or add a comment, sign in
-
If you think your job in #finance is to deliver information, you will inevitably be replaced by a computer. If you tell a story and transmit key ideas, your finance career will be enabled by #AI and #automation. #influence
To view or add a comment, sign in
-
-
Some finance professionals are about to struggle—badly—in the next five years. Who? Those who keep… ❌ Relying on gut instinct instead of data ❌ Wasting hours on repetitive, manual tasks ❌ Thinking AI is just a buzzword, not a necessity The finance world is changing fast. You have two choices: 🔹 Stick to old ways and risk becoming irrelevant 🔹 Embrace AI and become indispensable It really is that black-and-white. Finance pros who ignore AI will get left behind. Careers will stall. Opportunities will disappear. Meanwhile, those who upskill with AI will be unlocking leadership roles, and shaping the future of finance. Want to be on the right side of this shift? Most finance pros drown in AI hype. Cut through the noise. Focus on the tools and strategies that actually matter. AI is everywhere, but finance requires a different skill set. Learn through real use cases bookkeeping and reporting. AI will automate the routine. Then we can get to the real value? Using AI to drive business impact and shape strategy. Finance is evolving. AI is leading the way. The only question is: Are you moving with it? 💬 Drop a comment if you're ready to lead the AI revolution in finance.
To view or add a comment, sign in
-
-
How can you make yourself future-proof in the era of AI? As someone who works in Corporate Finance, dealing with numbers all day, this seems like a relevant consideration. I can bet my calculator and best spreadsheet that the Finance function will be disrupted by artificial intelligence in a few years. Bernard Marr a world-renowned futurist and influencer in the fields of business and technology, argues that as AI and automation transform the job market, continuous learning and skill development are essential. While some jobs may disappear, new opportunities requiring different skills are emerging. Organizations offering robust learning opportunities will attract top talent, positioning themselves as growth incubators. Those that don’t will fall behind. Adaptability and lifelong learning will be key to success for both organizations and individuals. This will profoundly change how companies should recruit people. The best choice may not be the person with 5-10 years of industry experience, because the rules of the industry can change at any moment. Being able to reskill and upskill oneself will be key markers of the young lion or grey fox in the future. Adaptability, a purpose-driven mindset, and digital literacy may become the most sought-after characteristics. How does this make you feel? Is it “yay” or “no way”? Please answer in the comments and consider sharing this post if you found it insightful!
To view or add a comment, sign in
-
-
Fill critical AI finance roles now. Use build and buy strategies. Why? 1. AI in finance is booming. 2. Lack of skills is a top challenge. 3. Right talent boosts AI returns. ✓ Build: Train your current staff. They know your business best. ✓ Buy: Hire experts. They bring advanced skills. You can: • Start simple AI projects. • Engage your finance team. • Retain key knowledge. You can: • Tackle complex problems. • Get professional-grade solutions. • Manage costs by scoping roles. AI impacts performance and strategy. Your finance team must be involved. External models are not enough. Ready to upgrade your finance AI? Develop skills internally and hire wisely. Lead with a strong AI strategy. Take action now. Be strategic. Be ahead. Contact us at contact@kaviglobal.com to see how we can improve your business with AI. Image Credits: Gartner #ai #artificialintelligence #aiinfinance #finance
To view or add a comment, sign in
-
-
🚀 Transform Your Finance Game with AI! 🚀 Ready to dive into the future of finance and accounting? Our course by expert Manish Gupta is your ultimate AI toolkit! In this exciting course, you'll: - learn to build and use an AI toolkit for your operations - master prompt engineering - leverage AI for bookkeeping and creating manuals - unleash AI in financial and data analysis - develop killer financial models - conduct savvy market research Why Join? No experience needed—this course is open to everyone! It's perfect for financial pros, accountants, startup owners, and CPAs. Boost your career by navigating AI changes with confidence and leaving job security fears behind. Cut through the AI hype and get to the real benefits. Learn how AI can make your work more efficient and insightful, and stay ahead in the fast-evolving finance world. 🌟 Join Us and Become an AI-Savvy Finance Pro: https://lnkd.in/ddtU4dc5 #AI #Finance #Accounting #AIXplorers #FutureOfFinance #AITraining #CareerBoost #FinancePros #CPAs #StartupSuccess #aiixx #future #fintech #business #enrollnow #expert #artificialintelligence #finances #bookiping #dataanalysis
To view or add a comment, sign in
-
-
What will happen to your job when AI intelligence reaches 1,500? You might have a personal AI assistant that knows you better than you know yourself. It doesn't possess emotions, but it can seem like it does because it can predict your every move and potential mistakes. Why? Because you've repeated the same actions many times and may have forgotten about them. This could be beneficial. It could prevent you from making poor financial decisions or falling for the wrong person again. It could help maintain a healthy diet and proper exercise routine, drive your car more efficiently, and optimize your tax return. However, it could also steal your job. Until now, technological advancements have primarily affected blue-collar jobs. Now, jobs of highly educated professionals are also at risk, such as doctors, lawyers, controllers (me), auditors, and coders… Upon realizing this, I felt a pang in my stomach. On the other hand, there will always be winners. I foresee high demand in these areas: ✅ Assistance with emotional problems caused by technology, apps, and living in a virtual reality ✅ Solutions for health issues due to sedentary lifestyles and decreasing food quality ✅ Social and direct selling. Soon, we may not trust anything we see online and prefer buying from a real person ✅ Online solo entrepreneurs. As corporate jobs dwindle and become less secure, more people will start selling services online. Even a narrow niche can be profitable if it has global reach. What are your thoughts on this list? I'm sure many other fields will flourish as well. What does your crystal ball predict?
To view or add a comment, sign in
-
-
#ai | #artificialintelligence : High Impact Generative AI Use Cases in Finance 1. Financial Planning and Analysis 2. Transaction Finance 3. Controllership 4. Strategic Finance 5. Internal Audit 6. Tax 7. Treasury 8. Investor Relations
To view or add a comment, sign in
-
AI is the future of CFOs. Period. The pace of business has been rapidly changing, and AI is what can help you keep up. Here’s why I believe AI is your next best CFO: ➡ Speed. Monthly reports? Quarterly trends forecast? You don’t have to wait for that! AI-CFO gets you real-time insights, almost instantaneously. ➡ Cost-Effective. Traditional CFOs come with a price tag. AI? It’s on-demand, without the hefty salary, and it could work for you 24/7. ➡ ️ Proactive. AI doesn’t just respond to what’s happening. It predicts trends, flags risks, and suggests improvements. It’s a financial advisor who’s always ahead of the curve. ➡ Accuracy. Human error happens. But AI? It’s all about precision. Your data, reports, forecasts, are all reliable and spot-on. What’s your biggest challenge when it comes to financial management? Let’s discuss how AI can help solve it. #AI #CFO #FinancialInnovation #BusinessGrowth #FinTech
To view or add a comment, sign in
-
AI technology is transforming the world into a dream world, which we never thought could happen. If you, as the owner of a firm, need to enhance efficiency and reduce the time the regular tasks take, you have to switch your departments, including but not limited to finance, HR, marketing, cost, audits, and the research department to work through AI technology. If you are still sticking to the old way of doing things, I am sorry, but your survival is at risk in the near future. I am an accountant, but I have always shown interest in looking at a company from a multi-dimensional perspective, including the latest AI technology learning to boost the outcome of every department for competitive edge. I loved statistics from the time I was doing my MBA, and probability and hypothesis were my main subjects of interest, and they both have given me the opportunity to learn how to boost company output while reducing costs and to implement a better corporate governance system. And now AI interests me the most in 2024.
To view or add a comment, sign in
CEO @Corenza | Enabling PEs/VCs, Corporates & Startups to hire exceptional Finance & HR Leaders | 250+ trusted clients across India | Building high-impact leadership teams
8mohttps://www.corenza.co/blog_details/how-ai-is-revolutionizing-the-financial-sector:-opportunities-and-challenges