What performance metrics should you track to improve your corporate accounting career?

2 Efficiency and productivity

Another important metric for corporate accountants is the efficiency and productivity of your work. You need to optimize your use of resources, time, and budget, and deliver more value with less waste and effort. Efficiency and productivity can affect your profitability, performance, and satisfaction, as well as the innovation and growth of your organization. To improve this metric, you should automate, streamline, and simplify your tasks, and leverage technology, best practices, and collaboration.

3 Compliance and risk

A third crucial metric for corporate accountants is the compliance and risk of your activities. You need to ensure that your actions are in line with the laws, regulations, and policies that govern your industry, sector, and function. Compliance and risk can affect your legal, financial, and reputational exposure, as well as the trust and confidence of your customers, investors, and regulators. To improve this metric, you should stay updated on the latest rules and standards, and implement effective controls, audits, and mitigation strategies.

4 Value and impact

A fourth key metric for corporate accountants is the value and impact of your contributions. You need to demonstrate that your work is not only accurate, efficient, and compliant, but also relevant, useful, and strategic. Value and impact can affect your recognition, reward, and advancement, as well as the performance and sustainability of your organization. To improve this metric, you should align your goals with the vision and mission of your organization, and communicate and showcase your results and insights.

6 Here’s what else to consider

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