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Senior finance analyst cover letter

Senior Finance Analyst Cover Letter (With Examples)

Cover letters are often considered optional these days, but if you have the chance to submit one with your resume and job application, you should strongly consider doing so.

Writing one may seem like a daunting task. Get it right, and you may land that interview you’ve been daydreaming about. Get it wrong, and your resume might end up on the “pass” pile.

The good news is there are resources and templates available to help. This article provides tips and samples to help you create your best pitch for your next potential employer.

Looking for a job? These position are hiring now near you:

  1. Senior Finance Analyst
  2. Lead Finance Analyst
  3. Finance Analyst
  4. Senior Finance Planning Analyst
  5. Senior Business Finance Analyst

What Is a Cover Letter and Why Is It Important?

A cover letter is a brief letter of introduction that usually accompanies a resume and recommendation letter, if applicable. Think of it as an opportunity to elaborate on your particular experiences and skill set in ways that may not be as easily conveyed in a typical resume’s bullet-point format.

When you submit a cover letter in addition to your resume, you have an extra chance to introduce yourself, highlight your skills, accomplishments, and goals, and explain what you hope to bring to the company if hired.

Parts of a Senior Financial Analyst Cover Letter

Senior financial analysts are responsible for monitoring indicators such as liquidity, profitability, and solvency. They also research financial information and create reports and presentations to help executives make the best business decisions.

Some of the essential responsibilities for a senior financial analyst may include compiling and analyzing financial data, searching for ways to improve financial performance, monitoring economic trends and making predictions, partaking in educational workshops and other opportunities to update their knowledge of current markets, and influencing strategic executive decisions.

This type of job requires excellent math and statistical, time management, decision-making, and teamwork skills. Ranking within the top ten list of high-paying civil service jobs, you can expect steep competition for the job opening, so you need to make sure your cover letter stands out.

Whether you’re a college student writing a cover letter for an internship, a new addition to the workforce seeking an entry-level job, or someone looking for a promotion or career change into a government job, there are key parts of a standard cover-letter formula you need to include:

  1. Your contact information

  2. The organization’s information

  3. Dear [Hiring Manager’s Name],

  4. First paragraph: intent and opening hook

  5. Second paragraph: main body with key skills and accomplishments in relation to the job requirements

  6. Third paragraph: closing lines with a compelling call to action

  7. Best regards, followed by name and title

The cover letter should be one page, which means you have limited space to work with and need to make sure every sentence pulls weight and contributes to your overall pitch.

Your cover letter should be properly formatted and have a professional-looking layout. If graphic design isn’t your thing, take advantage of free cover letter templates.

Search For Senior Finance Analyst Jobs

Senior Financial Analyst Cover Letter Opening

List the basic contact information for both you and the company you are applying to at the top of the letter. You don’t want to make a hiring manager hunt for this information.

If possible, you should address your letter to the hiring manager by name. If you don’t know the hiring manager’s name, use a gender-neutral greeting such as “Dear [Company Name] Recruitment Manager.”

Tip: you aren’t going to make a stellar first impression by starting your letter with “Dear Sir or Madam” or “To whom it may concern.” The impersonal greeting feels generic.

Even worse, it may raise a red flag if a hiring manager suspects that you might be sending a mass cover letter to multiple employers without taking the time to personalize each one for the specific role or company.

While a neutral “Dear Hiring Manager” or similar phrase is acceptable in lieu of a name, consider mentioning the company and/or department to make it a little more personalized.

Your cover letter needs to start strong and grab attention right off the bat. Start by announcing your application to the position and then following it with an impactful achievement. Numbers are particularly eye-catching, so if you’re able to quantify your accomplishment with statistics, percentages, or dollar amounts, your letter is much more likely to be a serious contender.

Jane Doe
Financial Analyst
9876 Home Avenue
Sample, NC 27010
123-867-5309
janedoe@gmail.com
linkedin.com/in/janedoe

March 10, 2021

John Smith
Recruitment Manager
Big Global Company
5432 Bustle Street
Commerce, CA 94108

Dear Mr. Smith,

I am applying for the senior financial analyst position at Big Global Company. In my previous role as a financial analyst for Ecom, the CEO challenged my team to find $1 million in excess costs. After spearheading the cost analysis and identifying low-margin projects, I found $2.5 million of poorly allocated funds that could be slashed. I believe a position at Big Global Company is the right choice for my skill set, experience, and career goals.

Note that the applicant in the example didn’t rely on market buzzwords and empty, generic claims about increasing revenue and cutting costs.

She instead provided a specific scenario to demonstrate how she greatly exceeded expectations and saved her old company enough money to have this recruitment manager sitting up straighter in his chair and eager to read more.

Senior Financial Analyst Cover Letter Body

Once you’ve captured the hiring manager’s attention, you need to continue building up the hype and prove that you’re the best candidate for the position. You need to explain:

  1. Why you want this job

  2. The skills that qualify you for the specific requirements of the job

  3. Why you are the perfect fit for the position

Many applicants fall into a common trap at this stage by losing focus and prattling off a list of general skills and accomplishments that have nothing to do with the specific requirements of the job.

You may have a lengthy list of skills to show off, but it’s much more important to prove that you did your research and have a complete grasp of what’s expected of you in this job position, then directly tie your skill set to the company’s exact needs in a straightforward way.

My primary goal is to save money and accurately predict trend forecasts for a global leader in the eCommerce industry. I’m especially interested in the culture, innovation, and potential for future development with Big Global Company. Your job listing specifies that you’re searching for a team leader to analyze financial data, manage multiple projects, and create pricing schemes. My track record at Ecom proves that I have those necessary skills:

  • Analyze financial data: Improved overall efficiency of regular data analyses by 60% across all departments of a $350M firm and reduced the rate of errors by 25% after implementing visual analytics and enhancing data security features

  • Project management: Oversaw eight projects with individual budgets averaging $150,000 to $300,000 and set a personal goal to cut materials costs by 20% over the course of two years

  • Create pricing schemes: Successfully created a new pricing scheme that increased customer loyalty by 33% and online revenue by 23% in six months

Note that the applicant breaks down her qualifications in a concise, easy-to-read format. She clearly demonstrates what the company is looking for and proves that she has the experience to meet all of their needs.

Looking for a job? These position are hiring now near you:

  1. Senior Finance Analyst
  2. Lead Finance Analyst
  3. Finance Analyst
  4. Senior Finance Planning Analyst
  5. Senior Business Finance Analyst

Senior Financial Analyst Cover Letter Closing Lines

The ending may not seem as important compared to the rest of the cover letter, but if you want that interview callback, you need to make sure you have a strong closing that leaves a lasting impression on a hiring manager.

You’ve already covered your main talking points, but don’t lose your momentum. It’s time to drive your pitch home with a quick recap and optimistic closing to remind the recruitment manager why you are the right candidate for the job.

I look forward to discussing how my strategic management, analytical perspective, and past experience managing projects and creating pricing schemes can translate to cost savings for Big Global Company over the next year and decade.

Best regards,

Jane Doe
Financial Analyst
123-867-5309
janedoe@gmail.com

Note that the applicant didn’t waste the opportunity by leaving her strong pitch hanging with a simple “Thanks for your time.” She wrapped up her closing in a way that demonstrates her knowledge, enthusiasm, and desire for the company’s short-term and long-term success.

Example of a Senior Financial Analyst Cover Letter

Putting all the parts together illustrates how the ideal cover letter should start with an attention-grabber right off the bat and keep that same level of energy and competency throughout the entire pitch.

Jane Doe
Financial Analyst
9876 Home Avenue
Sample, NC 27010
123-867-5309
janedoe@gmail.com
linkedin.com/in/janedoe

March 10, 2021

John Smith
Recruitment Manager
Big Global Company
5432 Bustle Street
Commerce, CA 94108

Dear Mr. Smith,

I am applying for the Senior Financial Analyst position at Big Global Company. In my previous role as a Financial Analyst for Ecom, the CEO challenged my team to find $1 million in excess costs. After spearheading the cost analysis and identifying low-margin projects, I found $2.5 million of poorly allocated funds that could be slashed. I believe a position at Big Global Company is the right choice for my skill set, experience, and career goals.

My primary goal is to save money and accurately predict trend forecasts for a global leader in the eCommerce industry. I’m especially interested in the culture, innovation, and potential for future development with Big Global Company. Your job listing specifies that you’re searching for a team leader to analyze financial data, manage multiple projects, and create pricing schemes. My track record at Ecom proves that I have those necessary skills:

  • Analyze financial data: Improved overall efficiency of regular data analyses by 60% across all departments of a $350M firm and reduced the rate of errors by 25% after implementing visual analytics and enhancing data security features

  • Project management: Oversaw eight projects with individual budgets averaging $150,000 to $300,000 and set a personal goal to cut materials costs by 20% over the course of two years

  • Create pricing schemes: Successfully created a new pricing scheme that increased customer loyalty by 33% and online revenue by 23% in six months

I look forward to discussing how my strategic management, analytical perspective, and past experience managing projects and creating pricing schemes can translate to cost savings for Big Global Company over the next year and decade.

Best regards,

Jane Doe
Financial Analyst
123-867-5309
janedoe@gmail.com

Tips for a Senior Financial Analyst Cover Letter

  • Use confident language Instead of using timid words and phrases like “might have” or “possibly” to undermine your skills, choose absolute phrases like “I do have” or “I am confident that.” If a company is going to entrust you with managing projects, they need to know that you will be assertive.

  • Cite quantifiable achievements to make a bigger impact. Instead of saying, “I helped my previous company grow its annual revenue,” give a specific number: “I facilitated an annual 29% growth increase.”

  • Proofread, proofread, proofread. Errors in your cover letter are an immediate red flag, especially in this type of technical role. If you didn’t proofread your cover letter to check for errors, why would a hiring manager expect you to double-check your data analysis reports?

  • Consider following up with a “thank you for your consideration” email soon after submitting your job application or having an interview.

  • If you don’t have much work experience under your belt yet, lean on relevant coursework in your resume and cover letter, and be prepared to discuss how that coursework is applicable during the interview when a recruiting manager inevitably requests, “Walk me through your resume.”

Final Thoughts

It’s always a great idea to include a cover letter with your resume and application, even if it’s optional. Doing so shows that you are willing to put in the extra work and you’re serious about this job. It’s also an extra opportunity to introduce yourself, which is too good to pass up.

Try to be professional, but also make an effort to let your personality shine through. A cover letter is essentially a written introduction, after all. Think about how you would respond if an interviewer said, “Tell me about yourself.” Are you fluent in multiple languages? Do you have a hobby that you know ties in well with the company culture?

If those details are relevant, be sure to mention them somehow. Hiring managers are looking for skilled applicants, but they also want somebody who will fit within the company culture.

As you give your cover letter a final proofread, keep in mind that the letter’s most important goal is to highlight your experience and explain why the company needs your skills. If you can successfully do that, your chances of an interview are looking good.

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