9 customisable OKR examples for Accountant
What are Accountant OKRs?
The Objective and Key Results (OKR) framework is a simple goal-setting methodology that was introduced at Intel by Andy Grove in the 70s. It became popular after John Doerr introduced it to Google in the 90s, and it's now used by teams of all sizes to set and track ambitious goals at scale.
Creating impactful OKRs can be a daunting task, especially for newcomers. Shifting your focus from projects to outcomes is key to successful planning.
We have curated a selection of OKR examples specifically for Accountant to assist you. Feel free to explore the templates below for inspiration in setting your own goals.
If you want to learn more about the framework, you can read our OKR guide online.
Building your own Accountant OKRs with AI
While we have some examples available, it's likely that you'll have specific scenarios that aren't covered here. You can use our free AI generator below or our more complete goal-setting system to generate your own OKRs.
Our customisable Accountant OKRs examples
We've added many examples of Accountant Objectives and Key Results, but we did not stop there. Understanding the difference between OKRs and projects is important, so we also added examples of strategic initiatives that relate to the OKRs.
Hope you'll find this helpful!
1. OKRs to achieve full productivity as a General Accountant
Achieve full productivity as a General Accountant
Reduce weekly accounting errors by 50%
Implement thorough double-checking procedures for all accounting tasks- Provide additional training on accounting software usage
- Instantly address and correct identified accounting errors
- Score at least 90% on internal accounting knowledge assessments
- Study company's internal accounting policies daily
- Practice with past assessment tests for improvement
- Seek clarifications for any accounting concepts not understood
- Increase speed of invoice processing by 30%
- Train staff in efficient invoice processing techniques
- Streamline invoice approval process
- Implement automation software for quick invoice management
2. OKRs to enhance product suite experience for small businesses and accountants
- Enhance product suite experience for small businesses and accountants
- Improve user interface navigation by 35% measured by user testing
- Implement interface changes based on feedback
- Conduct user testing to measure improvement
- Survey users for feedback on current navigation difficulties
- Implement 2 new features based on users' unique needs surveys feedback
- Test and implement the new features
- Analyze survey feedback to identify two most requested features
- Design and develop these two new features
- Reduce customer support calls by 30% through enhanced, intuitive design
- Implement intuitive, user-friendly features
- Improve user interface for easier navigation
- Incorporate a comprehensive FAQ section
3. OKRs to boost efficiency in preparing financial statements
- Boost efficiency in preparing financial statements
- Decrease statement errors by 20% through improved training and software implementation
- Regularly evaluate and update statement production methods
- Implement in-depth training sessions on statement generation
- Procure advanced software for accurate statement production
- Reduce financial statement preparation time by 15% from its current average
- Streamline data collection procedures for efficiency
- Train team on efficient financial statement preparation skills
- Implement automated accounting software for faster data processing
- Implement a new financial statement software to automate at least 50% of tasks
- Research and select the most suitable financial statement software
- Monitor and evaluate software's effectiveness regularly
- Train employees on how to use this new software
4. OKRs to achieve 100% productivity in financial statement preparation
- Achieve 100% productivity in financial statement preparation
- Increase financial statement preparation speed by 20% without errors
- Implement automated accounting software for faster data processing
- Streamline and simplify the financial reporting process
- Conduct regular training on accurate and quick data entry
- Implement an effective workflow to process all financial reports within schedule
- Implement regular check-ins to monitor progress
- Establish clear deadlines for all financial report processes
- Assign specific tasks to designated team members
- Attain absolute accuracy in 95% of prepared financial statements, as assessed by audits
- Establish comprehensive training for finance team
- Implement strict quality control in financial reporting
- Conduct regular internal audits for immediate correction
5. OKRs to within budget
- Maintain expenses within budget
- Achieve 90% accuracy in budget forecasting
- Increase departmental efficiency by 15%
- Decrease variable expenses by 10%
- Implement cost-cutting initiatives resulting in a 5% reduction in fixed expenses
6. OKRs to enhance precision and productivity of tax and accounting operations
- Enhance precision and productivity of tax and accounting operations
- Reduce bookkeeping errors by 20% through the introduction of automation software
- Train employees to use the new software efficiently
- Research and select suitable bookkeeping automation software
- Implement chosen automation system into daily operations
- Condense tax computation time by 30% via process optimization
- Implement efficient tax software to streamline computations
- Regularly update tax computation best practices
- Allocate more resources to data compilation
- Achieve 15% rise in overall productivity by training staff in new methodologies
- Identify relevant training programs for new methodologies
- Arrange and schedule training for staff members
- Monitor and assess improvements in productivity post-training
7. OKRs to achieve full productivity in general accounting role
- Achieve full productivity in general accounting role
- Complete 100% of assigned tasks accurately and on time
- Regularly review progress and adjust plans as needed
- Allocate sufficient time daily for each assignment
- Prioritize tasks based on urgency and relevance
- Increase efficiency by automating 2 routine accounting processes
- Identify two repetitive accounting tasks prone to human error
- Research and select relevant automation software
- Implement and test the selected automation system
- Reduce error rate in accounting tasks by 50%
- Train staff in latest accounting procedures and software
- Implement a double-check system for all accounting tasks
- Regularly review and correct errors in accounting records
8. OKRs to improve efficiency in meeting accounting deadlines
- Improve efficiency in meeting accounting deadlines
- Achieve 100% on-time completion for end-of-month reconciliation
- Perform weekly audits to maintain accuracy and timeliness
- Assign specific roles and timelines to the team
- Implement a daily monitoring system for all reconciliation tasks
- Increase early completion rate by 10%
- Streamline processes for quicker completion
- Provide efficient training to improve early completion skills
- Implement rewards for tasks completed ahead of schedule
- Reduce late submission of reports by 20%
- Introduce penalties for late report submissions
- Regularly remind team about upcoming report due dates
- Implement strict deadlines for submission of reports
9. OKRs to successfully finish financial statement within the required timeline
- Successfully finish financial statement within the required timeline
- Finalize and review financial statement for completion by the fifth working day
- Compile all necessary financial data
- Draft the financial statement
- Review and finalize the financial statement
- Accumulate all necessary financial data within the first 2 working days
- Gather data from online financial systems and reports
- Compile and organize all collected data
- Identify required financial data and relevant sources
- Draft preliminary financial statement by the third working day
- Review and finalize the draft by the third working day
- Begin creating a draft of the financial statement
- Gather all necessary financial documents and data
Accountant OKR best practices to boost success
Generally speaking, your objectives should be ambitious yet achievable, and your key results should be measurable and time-bound (using the SMART framework can be helpful). It is also recommended to list strategic initiatives under your key results, as it'll help you avoid the common mistake of listing projects in your KRs.
Here are a couple of best practices extracted from our OKR implementation guide 👇
Tip #1: Limit the number of key results
Having too many OKRs is the #1 mistake that teams make when adopting the framework. The problem with tracking too many competing goals is that it will be hard for your team to know what really matters.
We recommend having 3-4 objectives, and 3-4 key results per objective. A platform like Tability can run audits on your data to help you identify the plans that have too many goals.
Tability's audit dashboard will highlight opportunities to improve OKRsTip #2: Commit to weekly OKR check-ins
Setting good goals can be challenging, but without regular check-ins, your team will struggle to make progress. We recommend that you track your OKRs weekly to get the full benefits from the framework.
Being able to see trends for your key results will also keep yourself honest.
Tability's check-ins will save you hours and increase transparencyTip #3: No more than 2 yellow statuses in a row
Yes, this is another tip for goal-tracking instead of goal-setting (but you'll get plenty of OKR examples above). But, once you have your goals defined, it will be your ability to keep the right sense of urgency that will make the difference.
As a rule of thumb, it's best to avoid having more than 2 yellow/at risk statuses in a row.
Make a call on the 3rd update. You should be either back on track, or off track. This sounds harsh but it's the best way to signal risks early enough to fix things.
How to turn your Accountant OKRs in a strategy map
OKRs without regular progress updates are just KPIs. You'll need to update progress on your OKRs every week to get the full benefits from the framework. Reviewing progress periodically has several advantages:
- It brings the goals back to the top of the mind
- It will highlight poorly set OKRs
- It will surface execution risks
- It improves transparency and accountability
We recommend using a spreadsheet for your first OKRs cycle. You'll need to get familiar with the scoring and tracking first. Then, you can scale your OKRs process by using a proper OKR-tracking tool for it.
Tability's Strategy Map makes it easy to see all your org's OKRsIf you're not yet set on a tool, you can check out the 5 best OKR tracking templates guide to find the best way to monitor progress during the quarter.
More Accountant OKR templates
We have more templates to help you draft your team goals and OKRs.
- OKRs to enhance focus and accountability in Fraud Investigations Department
- OKRs to establish an effective grant research volunteer team
- OKRs to enhance UI design principles and streamline asset creation process
- OKRs to strengthen cross-functional team collaboration
- OKRs to capture new tech trends in education and learning
- OKRs to enhance Identity Access Management for large scale clients
OKRs resources
Here are a list of resources to help you adopt the Objectives and Key Results framework.
- To learn: What is the meaning of OKRs
- Blog posts: ODT Blog
- Success metrics: KPIs examples
What's next? Try Tability's goal-setting AI
You can create an iterate on your OKRs using Tability's unique goal-setting AI.
Watch the demo below, then hop on the platform for a free trial.