It is exciting for those who wish to have exposure to Dubai in terms of career. Dubai has become a foremost business center for Africa, the Middle East, and South Asia. Many people from far-off places migrate to Dubai for its high-tech rising job opportunities. In numerous sectors, the demand for professionals and workers is rising.
But, Dubai has not only experienced growth in technology and IT services. Further, ACCA- qualified candidates can also see growth in their career prospects. Moreover, you can earn a high salary with an ACCA certificate in Dubai. Learn more about ACCA Employment in Dubai and salary expectations. Also, gain information about the career fields and benefits in Dubai.
Employment in Dubai
In the past few decades, Dubai has witnessed significant growth. Dubai has attracted many technology experts, marketing executives, construction workers, and ACCA professionals from numerous countries.
Businesses use English as a means of communication, which allows you to build yourself in Dubai. Although you will find it hard to bear the living cost, your earnings will help you live a balanced life.
You must know about Dubai’s oil reserves, which helped this city, overgrow. Though oil prices fluctuate regularly, Dubai’s growing economy found no change. Hence, you will also find high demand for accounting professionals like CFA, CA, ACCA, and CPA.
The leading business sectors that are appointing ACCA professionals are:
- Transport and Logistics
- Banks
- Retail and FMCG
- Management Consultancy
- IT and Telecommunications
Salary Expectation in Dubai for an ACCA Professional
An ACCA professional can earn an average annual salary of AED 91,000 (Rs 20,48,097). The salary can vary depending on the industry sector and the experience of the professional. The packages are competitive compared to other degrees like CFA, CPA, or CA.
Also read: How to choose the right ACCA coaching institute?
A career in Dubai as an ACCA Professional
After having a certification in ACCA, you can opt for the following jobs in Dubai.
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Career Opportunities in Dubai after ACCA certification Accountant: An Accountant handles the company’s financial data and performs the calculations. You may earn annually around AED 32,000 ( Rs. 7,21,398) as a fresher. For experienced personnel, the salary can rise to AED 60,000 (Rs. 13,52,622).
- Auditor: An Auditor checks the exactness of an enterprise’s financial records. For freshers, the annual salary can be AED 57,000 (Rs. 12,84,991). An experienced auditor can likely earn an average of AED 77,687 (Rs. 17,51,352) annually.
- Forensic Accountant: A Forensic Accountant helps to detect fraudulent activities and solve legal issues. On average, a Forensic Accountant earns AED 95,865 annually (Rs. 21,61,152).
- Chief Financial Officer (CFO): A company’s CFO handles all financial operations. You may earn, on average, AED 530,983 (Rs. 119,703,242) annually being a CFO. At the same time, freshers may earn around AED 245,780 (Rs. 55,40,791) annually.
- Risk Management Consultant: A Risk Management Consultant of a company identifies, examines, and monitors the risk level in finances and tries to resolve them. An experienced consultant can earn, on average, AED 181,200 (Rs 40,84,919) annually. At the same time, a fresher can earn AED 140,432 (Rs. 31,65,857) annually.
- Treasury Analyst: A Treasury Analyst oversees the company’s financial activities and coordinates with other departments regarding money matters. You can earn an average salary of AED 108,200 (Rs. 24,39,228) annually.
Also read: 7 Accounting Skills That Every Commerce Student Must Know
Career Benefits to an ACCA Professional in Dubai
- Tax-Free: Any professional, including ACCA, is exempt from paying income taxes to the state. Additionally, they do not pay stamp duty, inheritance taxes, or capital gains. These elements are an excellent approach to accumulating a large sum of money over time for a stable future.
- Vast Employment: Reputed international organizations have offices in Dubai. They need candidates who can manage finance work for all of these organizations. Thus, this makes Dubai a perfect location for ACCA experts.
- Better lifestyle: Dubai’s reputation and lifestyle result from its strategic location on the world map. Further, the buildings and shopping centers here provide evidence of Dubai’s excellent standard of living. Also, Dubai’s living cost is reasonable compared to other nations, such as Singapore or Hong Kong.
- Global Revelation: ACCA certification is widely sought after by international corporations and nations because of its widespread recognition. You can also swiftly progress to senior management by changing careers. Dubai’s strategic location makes it simpler for you to explore and gather the essential revelation and experience.
- Speedy career advancement: Professionals can aspire to managerial jobs while starting their careers. It is because there are many work prospects available in Dubai. And with a degree in the ACCA, you can get recognition all over the world.
Also know: The ACCA Job opportunities accros the WORLD
Conclusion
Thus, choosing Dubai to stay after certification in ACCA is the right choice. As this place will boost and scale you up in your career options. So, give wings to your career through ACCA certification, to get your dream job in Dubai.