Writing a Cover Letter for Finance Jobs

Traditionally, the resume is considered the most powerful tool in your arsenal to get the job you want. But in the recent years, the role of the cover letter has gotten bigger in the hunt for finance jobs. An effective cover letter may be one of the main factors why a successful applicant can land a job. This is particularly true if you’re up against hundreds of other qualified applicants for a handful of finance manager jobs or finance analyst jobs.

Many hiring specialists would find it difficult to browse through pages of resumes and CVs, and the process can be quicker if they scan cover letters before they even start on the main contents of the resumes. This is the reason why you need to write a unique cover letter along with your resume.

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Writing a cover letter, however, is no easy thing. There are resume templates everywhere and you simply have to fill in the blanks. A resume can also be formatted for stylistic purposes, but a cover letter requires a bit more effort than filling the blanks and formatting. You risk creating a boring cover letter that will prevent the reader from looking at your resume, no matter how good it is.

Here are some tips for creating an effective finance cover letter.

1. Introduce yourself and discuss why you’re a good fit.

A relevant and informative cover letter should be tailor-made for the company you want to join. Describe your strengths and be specific enough to point out what role your skills will play in the success of the company.

When writing your cover letter, list your skills for finance job positions and choose which ones your employer will find appealing. Choosing which skills to showcase may depend on the job you are applying for. Again, tailor your explanation according to the need of the employer. Read the description in the hiring advertisement they have and relate that to your experience.

Your goal is to stand above the other applicants, which means you have to reveal what aspect of your professional experience and personality would make you the best choice.

2. Explain how you’ve made a difference in your previous job.

Skills on the job are a great thing, but you should also reveal how these skills have spelled success for your employers in the past. After your introduction, list the skills that have made you an asset in your previous company. Focus on the skills that helped the company or your previous employers meet their objectives. This is better than listing your skills and hoping that your employer will realize that your skills are adequate for the finance job position. Remember, your competitors are probably listing all their skills in their cover letters without much explanation on how these skills could help the company.

3. It’s not about you, it’s about them.

A hiring manager would probably spend less than a minute reading a cover letter. In that one minute, the hiring manager will be looking for one thing only, and that is how you could be of use to them. If all you do is use the space for your cover letter to talk about yourself, no hiring manager will spend more than thirty seconds to read your letter in full. Being ambiguous and hoping that the hiring manager will realize that you are a good catch is the worst thing you can do.

4. End your letter with a call to action.

Be assertive and tell them exactly how you can help them. Refer to the job description and use the information to create the main body of your cover letter. The job description summarizes what they want from the successful applicant. It is a good thing to have your contact information under your name at the bottom of your cover letter. But doing this is not enough. You must end your cover letter with a definite pitch, or a call to action.

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