Here's how you can use performance evaluations to propel your accounting career.

1 Embrace Feedback

Embracing feedback is crucial for career growth in accounting. Performance evaluations provide a structured way to receive constructive criticism and praise. Instead of shying away from feedback, view it as valuable data that can inform your professional development plan. Listen actively to what your supervisors and peers have to say about your work, especially in areas like financial reporting accuracy, adherence to accounting standards, and efficiency in completing tasks. Use this feedback to create a road map for enhancing your skills and addressing any gaps in your knowledge or performance.

2 Set Goals

Goal setting is an integral part of using performance evaluations to advance your career. After reviewing your evaluation, identify specific, measurable, achievable, relevant, and time-bound (SMART) goals that align with both your personal career aspirations and your organization's objectives. If a need for improvement in areas such as tax preparation or audit processes is highlighted, set goals to acquire additional training or certifications in these areas. By setting clear goals, you can focus your efforts on what's needed to excel in your accounting role and demonstrate your commitment to continuous improvement.

3 Seek Development

Seeking professional development is a proactive step you can take following a performance evaluation. If the evaluation indicates a need for stronger analytical skills or a deeper understanding of new tax laws, consider enrolling in workshops or continuing education courses. Look for opportunities within your organization, like cross-departmental projects or mentorship programs, that can broaden your experience and expose you to different aspects of accounting. This not only enhances your skill set but also shows initiative and a dedication to staying current in an ever-evolving field.

4 Build Relationships

Building relationships within your workplace is another way to use performance evaluations to your advantage. Feedback often includes how well you work with others, which is critical in accounting where collaboration is key. Take the time to strengthen relationships with colleagues and supervisors by engaging in open communication and offering support on joint tasks. Networking with professionals outside your organization can also be beneficial. These relationships can offer new perspectives on your work and open doors to opportunities that may not be available within your current role.

5 Reflect Continuously

Continuous reflection is essential for long-term career progression. Don't limit self-assessment to formal evaluation periods; regularly take stock of your work, noting any challenges you face and how you're addressing them. This ongoing reflection allows you to adjust your strategies and goals as needed and ensures that you're always prepared for your next evaluation. It also fosters a mindset of lifelong learning, which is invaluable in accounting where regulations, standards, and technologies are constantly changing.

6 Take Initiative

Taking initiative is the final piece in using performance evaluations to propel your accounting career forward. Don't wait for annual reviews to seek feedback or opportunities for growth. If you've identified areas for improvement, take charge by finding resources or training to help you advance. Volunteer for new projects that can challenge you and showcase your developing skills. By being proactive, you signal to your employers that you're not just receptive to feedback but are also committed to excellence and leadership in your field.