Use this sample and step by step explanation for setting meaningful and inspiring employee performance goals for a senior cost analyst.

A senior cost analyst is assigned the responsibility of analyzing, monitoring and controlling all company expenses. He or she will ensure that the company operates in the right way when it comes to its revenues and expenditures thus avoiding any wastage. In addition, they will perform auditing of financial records and facilitate training of company employees on financial issues.

Besides that major responsibility, he or she will handle the following duties; perform cost-benefit analysis, assist in budget preparations, prepare company's financial statements and reports, manage pricing , inventory systems and data quality, recommend improvements, undertake financial projections, identify financial opportunities and risks, determine product costs and develop standard cost.

Employee Performance Goals Sample

Employee's Name: Title:
Review Period: __/__/__ to __/__/__ Employee SSN:
Work Location: Supervisor's Name:

Instructions

  1. Setting Goals: List specific goals in the space provided below each competency under "Performance Goals". Assign an appropriate timeline for each goal as well as numeric or financial terms to measure the goal.
  2. Employee Comments: The employee must comment next to each goal under "Employee Comments" with "Okay" for goals which he/she feels comfortable working with, and "Needs Clarification" for goals which he/she believes need to be discussed further. An employee who is comfortable with all the goals can sign the goals at this stage.
  3. Summary: Give a summary of the total time estimated for the employee to have achieved the goals. State action plans and specific milestones to track the goals. Any additional comments agreed between the employee and the supervisor should be noted here.
  4. Human Resources Review: Human resources personnel must confirm that the goals are specific, measurable, achievable, relevant, and time-bound. He/she must then sign the goals in the "Human Resource" section provided under "Signatures".
  5. Signatures: When discussion of the goals has been completed and consensus has been reached, sign the goals and let the employee sign too. Send the final copy to the human resources for inclusion in the employee's professional records.

Performance Goals for Next Period

Performance Goals

Employee Comments

WRITING SKILLS:

Conduct proper research before I undertake any form of writing to use acceptable facts and information.

Be more willing to ask for feedback, to accept feedback given, and to act on it afterward.

[employee comments goal]
LISTENING SKILLS:

Practice on a regular basis to improve the listening skill abilities.

Take notes on the important aspect of the conversation if necessary.

[employee comments goal]
OFFICE POLITICS:

Be nice to people and cordial in order to get information about what is happening around the office politics

Prepare a go-to escape phrase, like "Sorry, I don't feel very chatty today", when a colleague starts a conversation that isn't productive

[employee comments goal]
DELEGATION:

Constantly check employee's work in order to catch issues and problems as they occur and help the employee to stay motivated

Regularly communicate with the employee about the status of the project or task and its timing in order to avoid surprises at the end

[employee comments goal]
MANAGEMENT SKILLS:

Gain insight on what employee control and influence does to the business

Establish and use new techniques of coaching to allow your employees to learn new methods

[employee comments goal]
PERSONAL GROWTH:

Remain committed to complete projects even when they are challenging

Be available to attend workshops and training that may impart new knowledge

[employee comments goal]
EMPATHY:

Open up ways for offering help and support to colleagues by telling them if they need anything they can ask

Learn to treat people as being important and take them as they come and mostly be sensitive when handling their flaws and strengths

[employee comments goal]
SEEING POTENTIAL PROBLEMS:

Be able to relate to each team member in order to gain team's trust and increase their effort in the project

Try to imagine possible outcomes of a particular decision and potential problems that might ensue from it

[employee comments goal]
LONG RANGE PLANNING:

Analyze the company's opportunities, strengths, and weaknesses in order to identify the current status of the company and make more informed decisions about how it can grow

Check in regularly with the plan in order to modify it in light of any changes, progress, or setbacks

[employee comments goal]
DIVERSITY AWARENESS:

Put extra effort to promote professional development courses and forums that can enhance diversity

Avoid making jokes that might be offensive to others and be more respectful to people with diverse views

[employee comments goal]

Summary

Sections 1-2: To be completed by the supervisor

Section 3: To be completed by the employee

1. Goals completed since last performance feedback

2. Goals for next period

3. Employee comments

Signatures

I acknowledge that I discussed this performance feedback with my supervisor. My signature does not mean that I agree or disagree with this appraisal.
Employee: Date:
Supervisor: Date:
Human Resources: Date:

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