Professional Purchase Accounting Cover Letter Examples for 2024

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Your purchase accounting cover letter must immediately grab the hiring manager's attention. It should concisely highlight your relevant expertise in purchase accounting principles. Ensure your cover letter showcases your ability to accurately consolidate acquired assets and liabilities. Your proficiency in fair value assessments will set you apart.

Crafting a standout purchase accounting cover letter can be a stumbling block, even after you've started your job hunt. Remember, this crucial document is your narrative, not an echo of your resume. Focus on a crowning professional moment, weaving a story that captures your strength without resorting to tired phrases. Concise and formal, yet personal, your cover letter must make a strong impression within a single page. Let's tackle this together and get you noticed.

Write your job-winning purchase accounting cover letter with our guide on how to:

  • Step your best foot forward in the purchase accounting cover letter introduction;
  • Be inspired by other professionals' certified cover letters;
  • Structure your purchase accounting cover letter to feature what matters most;
  • Close off your purchase accounting cover letter to make a memorable impression on recruiters.

But where to start writing? Upload your resume into Enhancv's AI, which will prepare your purchase accounting cover letter (all you need to do is personalize it, and you'll be good to go).

Purchase Accounting cover letter example

JOSHUA NELSON

Phoenix, Arizona

+1-(234)-555-1234

help@enhancv.com


Dear Hiring Manager,

The opportunity to join your esteemed accounting department presents an alignment not only with my professional qualifications but also with the financial reporting innovations I have championed throughout my career. At Deloitte, I implemented advanced analytics tools that condensed financial reporting timelines by 25%, illustrating my commitment to operational excellence and strategic process enhancement.

In a landscape as dynamic as finance, my role managing accounting operations, and ensuring GAAP compliance for acquisitions exceeding $500M, has refined my aptitude for navigating complex financial landscapes. These experiences, matched with my leadership in transitioning to new ERP systems, foster an environment ripe for continuous improvement—resulting in a 10% reduction in month-end closing times and solidifying the robust reconciliation of numerous balance sheet accounts. This aptitude for transformation and precision in finance optimizes integration and elevates reporting accuracy that is paramount to an organization’s success.

I am eager to discuss how my background, skills, and enthusiasms will translate into success for your team. Please feel free to contact me at your earliest convenience to arrange an interview. I am looking forward to the potential of contributing to your esteemed accounting team and driving financial excellence forward.

Best regards,

JOSHUA NELSON

Technical Accounting Manager
What makes this cover letter good:


  • Highlighting specific achievements with measurable impacts, such as "condensed financial reporting timelines by 25%", provides concrete examples of the candidate's capabilities and past successes.
  • Demonstrating familiarity with the industry's best practices and regulations by mentioning "ensuring GAAP compliance" shows the candidate’s awareness and adherence to important accounting standards.
  • Showing experience with "managing accounting operations" and "leadership in transitioning to new ERP systems" points to the candidate's readiness to handle complex financial systems and potential for leading change within the department.
  • Asserting commitment to improvement, as seen with the initiative that led to a "10% reduction in month-end closing times", underlines the candidate's dedication to enhancing efficiency and productivity in financial operations.

The visual appeal of your purchase accounting cover letter: format, font, and structure

When using our cover letter builder, make sure to include these vital sections:

  • Header (with your name, contact details, the role, and date);
  • Greeting (that's personalized to the recruiter);
  • Introductory paragraph (to capture attention);
  • Body paragraph (to tell a story of how you've obtained your job-crucial skills);
  • Closing paragraph (ending with a nod to the future ahead);
  • Signature (that is not a must).

Our cover letter templates are already set up for you with the best purchase accounting cover letter design with single-spaced paragraphs and a one-inch margin.

As for the font of your purchase accounting cover letter, use the same one as you did in your resume (where modern and simple fonts, like Rubik and Bitter, take precedence over Arial and Times New Roman).

Your purchase accounting cover letter is created with the recruiters in mind - as no Applicant Tracker System looks over this part of your profile.

When sending over your purchase accounting cover letter, download it in PDF. This format allows your information and design to stay intact and to keep the same visual quality.

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The top sections on a purchase accounting cover letter

  • Header: The header includes your contact information, the date, and the employer's contact details, ensuring that the recruiter can easily identify and remember you, and follow up on your application for the purchase accounting position.

  • Opening Greeting: This section should address the recruiter or hiring manager by name if possible, which demonstrates that you've done your research on the company and are personally engaged in the application process.

  • Introduction: In the introductory paragraph, you should capture the recruiter's attention by briefly mentioning your relevant purchase accounting experience or specific interest in the company's industry, setting the tone for why you are the ideal candidate.

  • Body of the Letter: This section should be the place where you delve into your prior experience with acquisition accounting, integration of financial systems, or compliance with financial reporting standards, showcasing how your skills align with the job requirements of the purchase accounting role.

  • Closing Paragraph: Your closing should reiterate your enthusiasm for the role, include a call to action encouraging the recruiter to proceed with an interview, and mention any attachments, such as your resume, that support your application in relation to purchase accounting expertise.

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Key qualities recruiters search for in a candidate’s cover letter

  • Background in accounting or finance: Demonstrates an understanding of accounting principles and financial transactions, which is crucial for managing purchases and integrating financial records accurately.
  • Experience with purchase accounting post-acquisition: Shows the ability to handle the complexities involved in restructuring accounts and dealing with goodwill and asset valuations after a merger or acquisition.
  • Attention to detail: Ensures accuracy in recording transactions and maintaining financial records, which is essential to the integrity of the purchasing process and post-acquisition financial reporting.
  • Familiarity with GAAP, IFRS, or specific regulatory standards: Indicates that the candidate can adhere to commonly accepted accounting principles or any specific standards that are relevant to the transactions being managed.
  • Strong analytical skills: Necessary for evaluating the financial aspects of purchase agreements and understanding the impact on the company's financial statements.
  • Excellent communication and negotiation skills: Important for coordinating with sellers, stakeholders, and internal teams, as well as for negotiating terms and finalizing purchase agreements.

What greeting should you use in your purchase accounting cover letter salutation

A simple "Hello" or "Hey" just won't work.

With your purchase accounting cover letter salutation, you set the tone of the whole communication.

You should thus address the hiring managers by using their first (or last name) in your greeting.

But how do you find out who's recruiting for the role?

The easiest way is to look up the role on LinkedIn or the corporate website.

Alternatively, you could also contact the organization via social media or email, for more information.

Unable to still obtain the recruiter's name?

Don't go down the "To whom it may concern path". Instead, start your cover letter with a "Dear HR team".

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List of salutations you can use

  • Dear [Hiring Manager's Name],
  • Dear [Company Name] Team,
  • Dear [Department] Hiring Committee,
  • Dear [Title of the person you are writing to],
  • Dear [Mr./Ms./Dr.] [Last Name],
  • Dear [First Name] [Last Name],

Get creative with your purchase accounting cover letter introduction

Recruiters are going to assess plenty of candidate profiles for the role. Thus, anything you do to stand out will win you brownie points.

Use your purchase accounting cover letter introduction to share something memorable about your experience.

But before you go down the rabbit hole of creativity and humor, align your message with the company culture.

For example, if you are applying for a role in some startup, use those first two sentences to tell a funny story (about your experience) to quickly connect with the recruiter.

Intro Paragraph
With a deep appreciation for the meticulous nature of financial due diligence that aligns with XYZ Corporation's commitment to unparalleled precision, I am poised to contribute meaningfully to your esteemed purchase accounting team. My background in creating seamless integration during M&A activities complements your organization's strategic focus on growth through acquisition.
RIGHT

The middle or body of your purchase accounting cover letter body: a great instrument to tell a story

Now that you've set the right tone with the greeting and introduction of your purchase accounting cover letter, it's time to get down to business.

Hear us out, the body of your purchase accounting cover letter is the best storytelling instrument you have, in your job-hunting arsenal.

Writing the next three to six paragraphs, take the time to reassess the advert to discover job-crucial requirements.

Next, choose one accomplishment that covers those key skills and talents.

Use precisely that achievement to tell an exciting story of how you match the ideal candidate profile.

In the undertones of your story or purchase accounting cover letter body, hint at the difference you'd make and sell your application as the perfect one for the job.

Body Paragraph
Spearheading the due diligence process for a complex $50M acquisition, I meticulously identified and analyzed financial discrepancies, leading to a renegotiation that saved our company $5M. My adept use of financial modeling to present these findings was pivotal in streamlining the acquisition strategy, demonstrating my precision in financial analysis and strategic value assessment.
RIGHT

Time to wrap up your purchase accounting cover letter

Writing the closing paragraph of your purchase accounting cover letter is just as important as the salutation.

You have to make it personalized to the job advert and recruiter.

Experienced professionals advise candidates to end with a request or reminder for follow-up. Write that you're grateful for the opportunity, and, at the same time, hint that you're available for the next steps of the process.

Otherwise, you could also conclude your purchase accounting cover letter by facing the future. How do you see yourself, as part of the team? In particular, how would you settle in your new role in the first six months to a year?

Closing Paragraph
I am eager to discuss how my skills align with the needs of your team. Please reach out to schedule an interview at your earliest convenience.
RIGHT

Is it beneficial to mention that you have no experience in your purchase accounting cover letter?

Lacking professional experience isn't the end of the world for your purchase accounting cover letter.

Just be honest that you may not have had roles in the industry, but bring about so much more.

Like, your transferable skills, attained thanks to your whole work and life experience (e.g. the skills your summer spent working abroad taught you).

Or, focus on what makes you, you, and that one past success that can help you stand out and impress recruiters (think of awards you've attained and how they've helped you become a better professional).

Alternatively, write about your passion and drive to land the job and the unique skill set you would bring to enhance the workplace culture.

Key takeaways

We hope this purchase accounting cover letter writing guide has shown you how to:

  • Format your purchase accounting cover letter with the mandatory sections (e.g. header, greeting, intro, body, and closing) and select the right font (P.S. It should be the same as the one you've used for your resume);
  • Substitute your lack of professional experience with your most noteworthy achievement, outside of work, or your dreams and passions;
  • Ensure recruiters have a more personalized experience by tailoring your cover letter not just to the role, but to them (e.g. writing their first/last name in the salutation, etc.);
  • Introducing your biggest achievement and the skills it has taught you in your purchase accounting cover letter body;
  • Write no more than two sentences in your purchase accounting cover letter introduction to set the right tone from the get-go.
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Volen Vulkov
Volen Vulkov is a resume expert and the co-founder of Enhancv. He applies his deep knowledge and experience to write about a career change, development, and how to stand out in the job application process.
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