dear [Accounting]

The Big 4 door got narrower. Other doors are opening.

Which skills to master to get your foot in the door.

With Matlock and Noah. A CAO who rebuilt his startup’s accounting team around AI, and a recent accounting grad navigating the front lines of Big Four analyst cuts.

What does an accounting career actually look like now?

AI now handles much of what entry-level accountants spent their days doing: reconciliations, data entry, variance analysis, even first-draft reports. Big 4 firms have sharply cut entry-level hiring as automation absorbs the work new grads used to do. But mid-size firms, corporate accounting teams, and startups still need junior talent who can advise clients and exercise judgment that AI cannot. The job has shifted from task execution to oversight, and candidates who can also drive that AI adoption are the ones getting noticed.

Skills that stay valuable

  • Financial analysis and interpretation
  • Advisory and client relationships
  • Audit and assurance
  • Tax planning and strategy
  • FP&A and management reporting
  • Forensic and investigative accounting
  • ESG and sustainability reporting
40%

of accounting tasks estimated automatable by AI

McKinsey, 2024
26%

decline in entry-level accounting and finance job postings since 2022

LinkedIn Economic Graph, 2024
3x

more applications per open accounting role than five years ago

AICPA, 2025
Michael Matlock
“I can teach you the debits and credits. I can give you AI tools and create space to tinker. But I can’t teach you hunger. I can’t teach you intellectual curiosity. I can’t teach you drive and grit. That is what I want.”
Matlock · Chief Accounting Officer, Benchling
Noah

Noah graduated in 2023 with a bachelor’s in accountancy, interned at Udemy, and landed at PwC, the Big Four gold standard for starting an accounting career. Two years in, he had his CPA. Then PwC started cutting analyst ranks. Rather than wait it out, he left and started a consultancy helping accounting firms build AI workflows. He brought something most new grads don’t: real proof of work, a point of view on where AI helps and where human judgment is irreplaceable, and the hunger to keep learning in a field moving faster than any textbook.

“As Gen Z, the asset we have is time. Time to learn, time to tinker with these new AI tools, and figure stuff out on our own, versus a lot of people already working in accounting might be more set in their ways and not have time to learn a totally new way of working.”
Noah · UC San Diego ’23

Proof of work checklist for entry-level accounting

Cover letters get skimmed. Here are the things you should be able to show before applying.

  1. Demonstrated ability to use Excel or Google Sheets to reconcile, model, or analyze real data, even from a class project or internship

  2. One example of catching an error or surfacing an insight that mattered, however small the context

  3. Familiarity with at least one accounting platform: QuickBooks, NetSuite, or similar

  4. Evidence you understand the story behind the numbers, not just the mechanics of entering them

  5. A concrete example of using AI to speed up a task, and what you did with the time you saved

AI as leverage

Accounts payable

Vic.ai

Automated invoice processing and anomaly flagging. The skill is reviewing, interpreting, and acting on what the AI surfaces.

Data analysis and modeling

Excel Copilot / Power BI

Build and interrogate models faster. Fluency here makes you a one-person finance team.

Research and synthesis

ChatGPT / Perplexity

Summarize regulatory guidance, draft memos, and synthesize complex information into clear narratives.

Audit documentation

Caseware / AI writing tools

Draft working papers and document findings faster. The judgment of what to document stays human.

Financial reporting

Workiva

Turn raw numbers into board-ready narratives. Standard at serious companies and public filers.

Tax research

Bloomberg Tax AI / Checkpoint

Research complex tax questions in minutes. Verifying and applying the output is where the expertise lives.