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SO much more than mere number crunchers, finance and accounting professionals provide much-needed financial oversight, planning, strategy, and monitoring for companies in all industries.
If dealing with numbers, budgets, reports, and details appeals to your sense of order, a career in accounting, auditing, budget analysis, or financial management may be a good fit for you. These jobs are competitive, so a carefully crafted finance and accounting cover letter can make a difference between getting an interview and having an application packet that lingers in the slush pile.
The Role of Finance and Accounting Professionals
From financial analysis and forensic accounting to consulting, these fields offer great variety in career paths. Financial managers oversee a company’s financial health, coordinate investments, track profits and losses, and plan long-term financial goals. Accountants and auditors evaluate financial operations, prepare tax returns, and examine financial records. Consultants can take on many roles, including forensic accounting, insolvency and recovery, and auditing.
Skills That Make a Finance and Accounting Cover Letter Stand Out
While there are many professional roles in the finance field, all but entry-level clerks must have at least bachelor’s degrees in business administration, economics, accounting, or finance. Master’s degrees in these fields are often preferred by employers. Depending on the type of position you are applying for, you can strengthen your finance and accounting cover letter with specialized training and professional qualifications such as:
- Certified Public Accountant
- Chartered Accountant
- Chartered Financial Analyst
- Certified Treasury Professional
- Certified Internal Auditor
Accountants who will be filing reports with the IRS must possess CPA credentials.
Benefits of Professional Finance and Accounting
In addition to the personal satisfaction of ensuring a company’s solvency and financial future, these professional roles offer plenty of other benefits. Skills, experience, and education in these fields are nicely rewarded with good salaries and job opportunities.
The median annual salary is 63,550 dollars for accountants and auditors, 76,950 dollars for financial analysts, 75,800 dollars for financial examiners, and 109,740 dollars for financial managers. Financial consultants with the four biggest financial consulting companies earn salaries ranging from 35,000 dollars to the high 200,000 dollars. To stand out from the competition for these jobs, check out our finance and accounting cover letter example below.