Financial and accounting technicians

SOC 2020 code 3533

Financial and accounting technicians work alongside accountants and other financial professionals in managing the financial affairs of organisations.

Employees (UK)
29k
Median annual pay
£53,265
Exposure score ?
5.7/10 Moderate 10.0/10 Very high strict reading · with tools is 10.0/10 with-tools reading · strict is 5.7/10
Wage exposure
£880m £1.54bn

Higher exposure than 96% of the 379 UK occupations we scored.

Reading the score as:
What an LLM can do unaided. LLM plus workflow tools — closer to 2026.

What this score means

A meaningful slice of the task inventory is AI-reachable - the drafting, summarising, research and analysis parts especially. This role is at the point where the people who learn to direct AI well pull ahead of the people who don't.

If you're in this role, here's what to do now

Treat AI as a colleague you manage, not a tool you use. Identify the tasks where you'd describe the work to a capable junior - those are the tasks AI can do for you now. Spend your time on the judgment calls and the relationships instead.

Almost every routine task in this role is within reach of today's language models. Roles at this level are getting rebuilt - often not by disappearing, but by one person using AI to do three or five people's output.

If you're in this role, here's what to do now

You don't need to be afraid. You need to be the person doing the rebuilding. The operators who learn to direct AI at scale in this kind of work become hugely valuable. The ones who wait to be told what to do get told what to do - and that thing is often 'we don't need as many of you anymore.'

Where a project with Alex usually starts for this role

These are the highest-importance tasks a language model can already handle directly today. In a typical engagement the first wins come from building workflows around these, so they stop eating your team's time.

  1. Operate computers programmed with accounting software to record, store, and analyze information.

    O*NET importance 4.8/5 · directly AI-automatable

  2. Check figures, postings, and documents for correct entry, mathematical accuracy, and proper codes.

    O*NET importance 4.7/5 · directly AI-automatable

  3. Operate 10-key calculators, typewriters, and copy machines to perform calculations and produce documents.

    O*NET importance 4.5/5 · directly AI-automatable

These are the highest-importance tasks AI can already handle when paired with the right tools and context. In a typical engagement the first wins come from building workflows around these — usually the difference between an LLM that can technically do the job and one that actually does it inside your business.

  1. Operate computers programmed with accounting software to record, store, and analyze information.

    O*NET importance 4.8/5 · AI can do this with workflow tools

  2. Prepare and process payroll information.

    O*NET importance 4.7/5 · AI can do this with workflow tools

  3. Check figures, postings, and documents for correct entry, mathematical accuracy, and proper codes.

    O*NET importance 4.7/5 · AI can do this with workflow tools

Every role has three or four wedges like these. Finding them takes an hour. Turning them into a workflow your team actually uses takes a few days. Talk to Alex about a project →

The full task breakdown

Every O*NET task for this occupation, split by what AI can already do unaided versus what still needs a human. Importance is O*NET's 1–5 rating of how central each task is to the role.

What AI can already do

16 of 28 tasks · unaided

  1. Operate computers programmed with accounting software to record, store, and analyze information.

    importance 4.8/5

  2. Check figures, postings, and documents for correct entry, mathematical accuracy, and proper codes.

    importance 4.7/5

  3. Operate 10-key calculators, typewriters, and copy machines to perform calculations and produce documents.

    importance 4.5/5

  4. Calculate and prepare checks for utilities, taxes, and other payments.

    importance 4.4/5

  5. Reconcile records of bank transactions.

    importance 4.4/5

  6. Code documents according to company procedures.

    importance 4.3/5

  7. Perform financial calculations, such as amounts due, interest charges, balances, discounts, equity, and principal.

    importance 4.3/5

  8. Perform general office duties, such as filing, answering telephones, and handling routine correspondence.

    importance 4.2/5

  9. Compare computer printouts to manually maintained journals to determine if they match.

    importance 4.2/5

  10. Transfer details from separate journals to general ledgers or data processing sheets.

    importance 4.2/5

  11. Classify, record, and summarize numerical and financial data to compile and keep financial records, using journals and ledgers or computers.

    importance 4.2/5

  12. Debit, credit, and total accounts on computer spreadsheets and databases, using specialized accounting software.

    importance 4.2/5

  13. Calculate costs of materials, overhead, and other expenses, based on estimates, quotations and price lists.

    importance 4.1/5

  14. Match order forms with invoices, and record the necessary information.

    importance 4.1/5

  15. Prepare purchase orders and expense reports.

    importance 4.1/5

  16. Prepare trial balances of books.

    importance 4.1/5

Where humans still hold the line

12 of 28 tasks

  1. Prepare and process payroll information.

    importance 4.7/5

  2. Prepare bank deposits by compiling data from cashiers, verifying and balancing receipts, and sending cash, checks, or other forms of payment to banks.

    importance 4.6/5

  3. Comply with federal, state, and company policies, procedures, and regulations.

    importance 4.6/5

  4. Receive, record, and bank cash, checks, and vouchers.

    importance 4.5/5

  5. Monitor status of loans and accounts to ensure that payments are up to date.

    importance 4.4/5

  6. Compile budget data and documents, based on estimated revenues and expenses and previous budgets.

    importance 4.3/5

  7. Reconcile or note and report discrepancies found in records.

    importance 4.3/5

  8. Access computerized financial information to answer general questions as well as those related to specific accounts.

    importance 4.2/5

  9. Complete and submit tax forms and returns, workers' compensation forms, pension contribution forms, and other government documents.

    importance 4.2/5

  10. Calculate, prepare, and issue bills, invoices, account statements, and other financial statements according to established procedures.

    importance 4.2/5

  11. Compile statistical, financial, accounting, or auditing reports and tables pertaining to such matters as cash receipts, expenditures, accounts payable and receivable, and profits and losses.

    importance 4.0/5

  12. Maintain inventory records.

    importance 3.6/5

What AI can already do

28 of 28 tasks · with tools

  1. Operate computers programmed with accounting software to record, store, and analyze information.

    importance 4.8/5

  2. Prepare and process payroll information.

    importance 4.7/5

  3. Check figures, postings, and documents for correct entry, mathematical accuracy, and proper codes.

    importance 4.7/5

  4. Prepare bank deposits by compiling data from cashiers, verifying and balancing receipts, and sending cash, checks, or other forms of payment to banks.

    importance 4.6/5

  5. Comply with federal, state, and company policies, procedures, and regulations.

    importance 4.6/5

  6. Operate 10-key calculators, typewriters, and copy machines to perform calculations and produce documents.

    importance 4.5/5

  7. Receive, record, and bank cash, checks, and vouchers.

    importance 4.5/5

  8. Calculate and prepare checks for utilities, taxes, and other payments.

    importance 4.4/5

  9. Monitor status of loans and accounts to ensure that payments are up to date.

    importance 4.4/5

  10. Reconcile records of bank transactions.

    importance 4.4/5

  11. Compile budget data and documents, based on estimated revenues and expenses and previous budgets.

    importance 4.3/5

  12. Code documents according to company procedures.

    importance 4.3/5

  13. Perform financial calculations, such as amounts due, interest charges, balances, discounts, equity, and principal.

    importance 4.3/5

  14. Reconcile or note and report discrepancies found in records.

    importance 4.3/5

  15. Perform general office duties, such as filing, answering telephones, and handling routine correspondence.

    importance 4.2/5

  16. Compare computer printouts to manually maintained journals to determine if they match.

    importance 4.2/5

  17. Transfer details from separate journals to general ledgers or data processing sheets.

    importance 4.2/5

  18. Access computerized financial information to answer general questions as well as those related to specific accounts.

    importance 4.2/5

  19. Classify, record, and summarize numerical and financial data to compile and keep financial records, using journals and ledgers or computers.

    importance 4.2/5

  20. Complete and submit tax forms and returns, workers' compensation forms, pension contribution forms, and other government documents.

    importance 4.2/5

  21. Calculate, prepare, and issue bills, invoices, account statements, and other financial statements according to established procedures.

    importance 4.2/5

  22. Debit, credit, and total accounts on computer spreadsheets and databases, using specialized accounting software.

    importance 4.2/5

  23. Calculate costs of materials, overhead, and other expenses, based on estimates, quotations and price lists.

    importance 4.1/5

  24. Match order forms with invoices, and record the necessary information.

    importance 4.1/5

  25. Prepare purchase orders and expense reports.

    importance 4.1/5

  26. Prepare trial balances of books.

    importance 4.1/5

  27. Compile statistical, financial, accounting, or auditing reports and tables pertaining to such matters as cash receipts, expenditures, accounts payable and receivable, and profits and losses.

    importance 4.0/5

  28. Maintain inventory records.

    importance 3.6/5

Where humans still hold the line

0 of 28 tasks

When AI is paired with workflow tools, every task in this role is reachable. That doesn't mean the role disappears — it means almost all the routine surface area can be compressed.

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Methodology

This role's exposure score comes from Eloundou et al's 2023 GPT task labels, aggregated by O*NET importance within each O*NET-SOC code, then bridged to UK SOC 2020 via ISCO-08 (ONS Vol 2 coding index) and US SOC 2010 (BLS crosswalk). Employment and median pay come from ONS ASHE Table 14.7a, 2025 provisional. ASHE covers employees only, so self-employed workers are not counted.

Methodology · Sources (PDF) · About · Built 29 April 2026

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