Will “Accountant” be Replaced By Robots? 🤔

98% Chance of Automation

“Accountant” will almost certainly be replaced by robots.

This job is ranked #671 out of #702. A higher ranking (i.e., a lower number) means the job is less likely to be replaced.

Care to share? Click for Facebook, Twitter, LinkedIn, or XING. 👍

Job Description

Compute, classify, and record numerical data to keep financial records complete. Perform any combination of routine calculating, posting, and verifying duties to obtain primary financial data for use in maintaining accounting records. May also check the accuracy of figures, calculations, and postings pertaining to business transactions recorded by other workers.

Job Details

The SOC (Standard Occupational Classification) code is 43-3031.00
The Mean Annual Wage in the U.S. is $ 40,220.00
The Mean Hourly Wage is $ 19.00
Currently, there are 1,566,960 people on this job

☝️ Information based on the reference occupation “Bookkeeping, Accounting, and Auditing Clerks”.

Also Known As…

Tasks for “Accountant”

Monitor status of loans and accounts to ensure that payments are up to date.
Compare computer printouts to manually maintained journals to determine if they match.
Debit, credit, and total accounts on computer spreadsheets and databases, using specialized accounting software.
Classify, record, and summarize numerical and financial data to compile and keep financial records, using journals and ledgers or computers.
Calculate, prepare, and issue bills, invoices, account statements, and other financial statements according to established procedures.
Prepare trial balances of books.
Perform financial calculations, such as amounts due, interest charges, balances, discounts, equity, and principal.
Perform general office duties, such as filing, answering telephones, and handling routine correspondence.
Match order forms with invoices, and record the necessary information.
Check figures, postings, and documents for correct entry, mathematical accuracy, and proper codes.
Transfer details from separate journals to general ledgers or data processing sheets.
Operate 10-key calculators, typewriters, and copy machines to perform calculations and produce documents.
Reconcile or note and report discrepancies found in records.
Complete and submit tax forms and returns, workers' compensation forms, pension contribution forms, and other government documents.
Calculate and prepare checks for utilities, taxes, and other payments.
Compute deductions for income and social security taxes.
Comply with federal, state, and company policies, procedures, and regulations.
Code documents according to company procedures.
Receive, record, and bank cash, checks, and vouchers.
Prepare and process payroll information.
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.
Operate computers programmed with accounting software to record, store, and analyze information.
Reconcile records of bank transactions.
Access computerized financial information to answer general questions as well as those related to specific accounts.
Prepare purchase orders and expense reports.
Prepare bank deposits by compiling data from cashiers, verifying and balancing receipts, and sending cash, checks, or other forms of payment to banks.
Perform personal bookkeeping services.
Compile budget data and documents, based on estimated revenues and expenses and previous budgets.
Maintain inventory records.
Calculate costs of materials, overhead, and other expenses, based on estimates, quotations and price lists.

Related Technology & Tools

Desktop computers
Financial calculators
Image scanners
Receipt books
Notebook computers
Ledger sheets
10-key calculators

Accurate NXG
IBM Cognos Impromptu
SAP Crystal Reports
ADP Pay eXpert
Medical procedure coding software
Accounts receivable software
Medical condition coding software
Paisley Focus Control Assurance
Intuit Quicken
Payroll software
Cartesis ES Magnitude
AuditWare
Asset management software
RSM McGladrey Auditor Assistant
Softrax Revenue Management
Auditing software
Healthcare common procedure coding system HCPCS
Yardi
SAP Business Objects
Sage 50 Accounting
BillingTracker
AcornSystems Corporate Performance Management
Paisley Cardmap
Document management system software
Microsoft PowerPoint
Paisley AutoAudit
Intuit QuickBooks
CYMA IV Accounting for Windows
Corporate Responsibility System Technologies Limited CRSTL Compliance Positioning System
Cost accounting software
Fund accounting software
Roundtable Software Advantage Accounting System
Oracle PeopleSoft Financials
Paisley RiskNavigator
BLS Software Invoice!
Oracle JD Edwards EnterpriseOne
Records management software
Blackbaud The Financial Edge
General ledger software
NetSuite ERP
Microsoft Dynamics
Pentana audit work system PAWS
Best MIP Fund Accounting
RSM McGladrey Advanced Practice Solutions Paperless Audit
Tumbleweed SecureTransport
Business performance management BPM software
LexisNexis
Microsoft Access
OmniRIM Records Management Suite
Accutrac Records Management Software
Blackbaud The Raiser's Edge
Sage 100 ERP
Infor Global Solutions Starbuilder
ATX Total Accounting Office
UA Business Software Professional Edition
Financial reporting software
Oracle PeopleSoft
Oracle Hyperion
ACS Technologies ACS Financial Suite
MEDITECH software
Microsoft Excel
Activant Solutions Activant Prophet 21
MethodWare ProAudit Advisor
Word processing software
IBM Notes
HCSS HeavyBid
Data entry software
Customer information control system CICS
Advanced Management Systems Software for Wineries
Sage 100 Contractor
Microsoft Office
PROPHIX Enterprise
ATX Total Engagement Office
SAP BusinessObjects Data Integrator
Human resource management software HRMS
Automation Counselors municiPAL
FLS eDP.Payrolltax
American HealthTech Financial
CCIS AccountAbility
Spreadsheet software
Financial compliance software
Tax software
Paisley IssueTrack
Heron CrossTie General Ledger
HCSS HeavyJob
Oracle E-Business Suite Financials
Sage ACT!
FlexiFinancials FlexiLedger
Accounts payable software
Microsoft Word
ADP Workforce Now
Microsoft Outlook
AdaptaSoft CyberPay
HMS
Financial statement software
ComputerEase
New Millennium Communications Genesis Accounting
FileMaker Pro
SAP
Microsoft Internet Explorer
Microsoft Dynamics GP
AMS Services AMS Sagitta
Intrax ProcedureNet