Conventionally, the resume was considered one of the most powerful tools that one can use to get the job they want. However, in recent years we have seen change, and the role of cover letters has gotten greater in the hunt for jobs. A well-crafted cover letter may be one of the key factors why a successful job applicant can proceed to the next step in their finance career, especially if they are up against thousands of applicants.
Most hiring managers normally find it hard to go through all the pages of a resume. However, the process can be much easier and convenient if they browse through the financial cover letters to help them filter the best candidates before they embark on the resumes’ main content.
What is a Cover Letter?
A cover letter -also referred to as an application letter- is a document sent with your resume or CV to provide the hiring manager with additional information about your skills and experiences. The cover letter is written to provide detailed information on why you are the best candidate for the position that you are applying for.
A cover letter for a finance job is a professional document that should essentially be a sales pitch to accompany your resume. The cover letter is your greatest opportunity to sell yourself as the right candidate for the position that you are applying for. This simply means that the hiring manager doesn’t want to hear your sob story; rather, their concern is to know; who you are, what you’ve done over the years, and whether you have the skills for the role that you are applying for.
Cover Letter for Finance Jobs
When it comes to getting a finance job, your cover letter is your secret weapon. The letter is your chance to show off your written communication skills, motivation to work in that organization, and relevant qualifications.
To fully convince the hiring manager that you are the best candidate for the role and land an interview with them, you will have to include all the requisite information in a clear and definitive manner. This implies that you must know all the parts of a cover letter and what they entail.
With this in mind, here is everything you must include in your finance cover letter:
The header is the very first element that you must include in your cover letter. The header consists of; your name. Your address, phone number, and email address. You may also want provide a link to your online portfolio or your LinkedIn contact information.
How you address the hiring manager in your cover letter is more important than you may think. Don’t use generic greetings such as “To Whom It May Concern” or “Dear Sir/Madam.” These greetings come off as impersonal and can make the hiring manager see that you didn’t take your time to research the company to find the right person to address the letter to.
Take your time, go through the advertisement, and look for the name of the person to whom you are to address the letter. If not included in the advert, try contacting the company or visiting their website to find that out.
If you can’t find the specific person you are supposed to address the letter to, address it to the head of the department for the specific position you are applying for or use terms like “Dear Human Resource Manager” or “Dear Hiring Manager.”
The introduction of your cover letter can make or break your chances of getting a job. It is where you capture the hiring manager’s attention and make them want to read through the entire document.
Don’t include too much unnecessary information in the introductory paragraph; simply state the position you are applying for, where you saw the advert for the job opening and how the job relates to your background. Convince the employer from the get-go that you are the best candidate for the position.
The body of your the letter is where you tell the hiring manager what you are bringing to the table. What are you offering? Use the body of your letter to list your skills and experiences as well as some of the qualifications that you believe sets you apart from other applicants.
Inform the hiring manager of some of the things you know about the company to show them that you took your time to research the company and how conversant you are with their culture.
NOTE: Do not repeat or copy directly what is already included in your resume. Use the cover letter to bring out some of the most important reasons why you are the best candidate for the position.
The last paragraph is where you close your cover letter. Summarize what you are bringing to the company and invoke a call to action – request the potential employer to contact you for more information and invite them to review your resume.
Since the cover letter is an official document, make sure to pick an appropriate sign off. Here are some professional sign-offs that you can choose from when writing your cover letter:
- Best Regards
- Thanks in advance
Types of Finance Jobs to Apply for with a Cover Letter
When you are looking to apply for the following finance positions, make sure to include a cover letter to increase your chances of getting the job:
Also referred to as a director of finance of financial planning or finance directors are tasked with overseeing an organization’s financial activities. They are responsible for training the accounting staff, disbursing funds to various departments, budgeting, managing risks, improving financial processes and managing risks.
When applying for a finance director position, make sure to go through the job description and tailor your letter to the specific requirements:
As a finance intern, you want to show the hiring manager that you are the best candidate for the role that you are applying for. Make sure to craft a great cover letter, one that will help convince the hiring manager that you have the potential to handle each task allocated to you.
When applying for an intern position, it is important to make yourself stand out from other applicants by capturing the hiring manager’s attention from the get-go. Start by properly introducing yourself, why you are applying for the position, your skills and mention why you believe the role suits your career goals.
The financial manager is responsible for distributing the company’s financial resources. They are also tasked with creating budgets and supporting the executive management team by offering insights and financial advice that will enable them to make the best decision for the company.
When applying for a financial manager position, you have to be keen on details. Don’t submit your letter with any errors. The hiring manager will, in most cases discard any letter if it has any grammatical errors. Also, make sure to craft a great introduction, and properly highlight your skills and experiences to help convince the hiring manager/potential employer that you are the best fit for the role that you are applying for.
Cover letter for a Finance Job Sample
365 Spring Road
New York, NY xxxxx
Mr. Kevin White
Head of Human Resources
272 City Drive
New York, NY, 6353.
Dear Mr. White,
I am writing this finance cover letter in response to the job advertisement on your website for the finance officer position at your organization. You will find my skills, experiences, and qualifications directly applicable to the position advertised. I have vast experience as a finance officer and would want to continue my career in an organization where I can be able to put my skills and potential to contribute to your growth and development.
Besides my academic qualifications, I am currently working as a financial manager at XYZ Inc. Some of my current duties and responsibilities include: collecting, and reviewing financial information, developing strategies to help reduce financial risks, and analyzing market trends to ensure that we meet our customer’s demands.
Furthermore, I have produced financial reports related to the company’s budgets, accounts receivables, account payables, and expenses. I have also been tasked with reporting to the management and stakeholders and providing advice on how the company and future decisions may be affected.
I have great communication skills and a “can-do” attitude. I will make great use of my commitment to my work while serving your growing organization. Enclosed is my resume for your consideration. I would like to meet with you in person to discuss my qualifications in detail. Thank you for taking the time to consider my application.
Cover Letter for Finance Jobs Templates & Samples
We understand that keeping all of that in mind while preparing your cover letter for finance jobs must be a really stressful task, which is why we have gone one step further in helping you by providing you with cover letter for finance jobs templates below.
Tips to for You to Use When Writing a Cover Letter for a Finance Job
Here are some tips for you to use when drafting your finance cover letter:
- Introduce yourself properly
- State why you believe that you are the best candidate for the position
- Explain your roles in your previous jobs and the difference you made while there
- Focus on your skills and what you are bringing to the company and not make the letter all about yourself
- Mention any attachments that you have attached with the cover letter
- End your cover letter with a call to action
- Sign off appropriately
Even for the most experienced candidates, cover letters should not exceed one page. Remember that your cover letter is basically an introduction and an invitation to the hiring manager to review your resume. So, make sure that it is not too long for them to review.
A cover letter shouldn’t take you too long to write, once you’ve seen the requirements in the advert and you’ve done your research about the company you are goo to go! By simply following our guide, you can be able to write in less than an hour.
The tone of your cover letter should be both professional and friendly. You don’t want to come off as being too strict or serious. Rather, you want to show that you are enthusiastic about the job and have a positive attitude towards the organization.
Finance cover letters are one of your most valuable tools when it comes to applying for a finance job today. They let you dive into details about yourself, showcase your communication skills, and demonstrate your interest in a specific company. When writing a cover letter for a finance job, make sure to include your contact information, your relevant skills, and show the hiring manager that you can help the company achieve its goals. Show them why you ideal for the role and why you believe you deserve to get an interview with them.