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Accounting and Finance Average Salaries in United Arab Emirates 2024

How much money does a person working in Accounting and Finance make in United Arab Emirates?


Average Monthly Salary
14,900 AED
( 178,000 AED yearly)

LOW
5,160
AED
AVERAGE
14,900
AED
HIGH
31,000
AED
All salary figures displayed here are per month except when noted otherwise.
All salary and compensation figures displayed here are gross salary figures, that is the salary before tax deductions. Because taxes may differ across sectors and locations, it is difficult to accurately calculate the net salary after tax for every career.

A person working in Accounting and Finance in United Arab Emirates typically earns around 14,900 AED. Salaries range from 5,160 AED (lowest average) to 31,000 AED (highest average, actual maximum salary is higher).


Salary Variance

The provided figure represents the median compensation that encompasses housing, transportation, and other perks. The salaries within the Accounting and Finance domain in United Arab Emirates exhibit significant discrepancies across various professions. In case you seek information about the remuneration of a specific position, please refer to the salaries listed below for respective job titles.

Salaries for specific jobs

Job TitleAverage Salary
Accounting and Finance
Account Examiner7,050 AED
Account Executive12,400 AED
Accountant9,530 AED
Accounting Analyst12,900 AED
Accounting Assistant7,350 AED
Accounting Associate6,390 AED
Accounting Clerk5,470 AED
Accounting Coordinator8,730 AED
Accounting Head20,400 AED
Accounting Manager21,900 AED
Accounting Officer6,710 AED
Accounting Specialist13,800 AED
Accounting Supervisor14,200 AED
Accounting Technician6,420 AED
Accounting Unit Controller16,800 AED
Accounts Executive12,700 AED
Accounts Officer7,570 AED
Accounts Payable and Receivable Specialist10,400 AED
Accounts Payable Assistant7,510 AED
Accounts Payable Associate8,670 AED
Accounts Payable Clerk6,980 AED
Accounts Payable Manager21,400 AED
Accounts Receivable Administrator14,800 AED
Accounts Receivable Clerk6,660 AED
Accounts Receivable Financial Analyst14,800 AED
Accounts Receivable Manager20,100 AED
Accounts Receivable Team Leader15,200 AED
Algorithmic Trading Specialist19,100 AED
Assistant Accountant7,050 AED
Assistant Accounting Manager19,200 AED
Assistant Auditor9,960 AED
Assistant Corporate Controller13,300 AED
Assistant Finance Manager21,300 AED
Assistant Financial Controller14,300 AED
Audit Director25,400 AED
Audit Supervisor19,500 AED
Auditing Clerk7,570 AED
Auditing Manager22,600 AED
Billing Clerk7,060 AED
Billing Coordinator8,940 AED
Billing Specialist11,000 AED
Billing Supervisor15,900 AED
Bookkeeper6,210 AED
Bookkeeping Specialist9,250 AED
Budget Analyst17,200 AED
Budget Manager21,500 AED
Business Support Analyst11,400 AED
Capital Markets Associate15,900 AED
Cash Flow Analyst15,800 AED
Cash Management Manager21,700 AED
Cash Management Officer11,100 AED
Cashbook Clerk6,370 AED
Chartered Accountant12,900 AED
Chief Accountant15,700 AED
Chief Financial Technology Officer21,500 AED
Collections Clerk5,710 AED
Collections Representative8,450 AED
Collections Specialist10,400 AED
Corporate Controller16,400 AED
Corporate Treasurer20,700 AED
Cost Accountant10,200 AED
Cost Accounting Manager20,000 AED
Cost Accounting Supervisor17,300 AED
Cost Analyst16,300 AED
Credit and Collection Manager20,800 AED
Credit and Collection Staff6,880 AED
Credit and Loans Officer6,800 AED
Credit Controller13,400 AED
Credit Manager22,800 AED
Debt Adviser17,400 AED
Debt Collector7,960 AED
Debtors Clerk6,630 AED
Debtors Controller6,710 AED
Deputy CFO30,600 AED
Deputy Head of Finance29,300 AED
Derivative Trader18,000 AED
Director of Finance31,100 AED
E-commerce Accountant10,800 AED
Economist26,000 AED
Equity Analyst18,200 AED
Escrow Assistant8,340 AED
Executive Accountant10,700 AED
External Auditor13,700 AED
Finance Administrator11,300 AED
Finance Analyst18,900 AED
Finance Associate8,280 AED
Finance Data Analyst16,800 AED
Finance Director32,200 AED
Finance Executive21,400 AED
Finance Licensing Clerk6,600 AED
Finance Licensing Manager20,300 AED
Finance Licensing Specialist11,200 AED
Finance Manager31,300 AED
Finance Officer9,430 AED
Finance President32,400 AED
Finance Relationship Manager25,500 AED
Finance Release Analyst11,900 AED
Finance Specialist16,700 AED
Finance Team Leader 23,900 AED
Financial Accountant9,470 AED
Financial Actuary15,400 AED
Financial Administrator16,600 AED
Financial Advisor18,900 AED
Financial Analyst18,900 AED
Financial Applications Specialist12,600 AED
Financial Assistant7,820 AED
Financial Associate7,810 AED
Financial Associate9,550 AED
Financial Claims Analyst14,100 AED
Financial Claims Manager17,700 AED
Financial Claims Supervisor16,800 AED
Financial Clerk7,320 AED
Financial Commercial Analyst14,700 AED
Financial Compliance Analyst17,000 AED
Financial Compliance Officer16,900 AED
Financial Consultant13,600 AED
Financial Controller17,200 AED
Financial Controller16,800 AED
Financial Coordinator9,140 AED
Financial Customer Service Manager18,500 AED
Financial Data Scientist18,700 AED
Financial Dealer and Broker10,500 AED
Financial Director33,000 AED
Financial Encoder7,860 AED
Financial Manager28,500 AED
Financial Manager31,200 AED
Financial Modelling Analyst18,500 AED
Financial Operations Manager26,800 AED
Financial Policy Analyst15,600 AED
Financial Project Manager20,800 AED
Financial Quantitative Analyst18,700 AED
Financial Reporting Consultant14,100 AED
Financial Reporting Manager19,500 AED
Financial Section Head19,600 AED
Financial Services Manager26,200 AED
Financial Services Sales Agent11,000 AED
Financial Technology Consultant16,500 AED
Financial Wellness Coach22,500 AED
FinTech Analyst17,400 AED
Fixed Assets Administrator10,100 AED
Forensic Accountant12,100 AED
Fraud Detection Supervisor12,400 AED
Fraud Prevention Manager21,900 AED
Fund Accountant9,790 AED
Grants Coordinator6,620 AED
Green Finance Analyst16,400 AED
Group Financial Manager32,000 AED
Internal Auditor13,400 AED
Internal Control Adviser16,100 AED
Internal Control Officer8,560 AED
International Tax Director26,500 AED
Inventory Accountant10,400 AED
Investment Advisor27,900 AED
Investment Analyst20,800 AED
Investment Associate17,000 AED
Investment Broker17,900 AED
Investment Fund Manager23,700 AED
Investment Operations Manager22,600 AED
Investment Underwriter8,400 AED
Investor12,800 AED
Investor Relations Manager21,200 AED
KYC Team Leader20,700 AED
Loan Processor7,980 AED
Management Accountant11,600 AED
Management Economist24,800 AED
Paymaster7,630 AED
Payroll Administrator12,900 AED
Payroll Benefits Coordinator10,700 AED
Payroll Billing Manager19,200 AED
Payroll Clerk8,310 AED
Payroll Manager19,400 AED
Payroll Officer8,640 AED
Payroll Specialist9,850 AED
Payroll Supervisor13,500 AED
Pensions Administrator10,500 AED
Personal Financial Advisor14,700 AED
Pricing Analyst17,500 AED
Private Equity Analyst17,800 AED
Project Accountant10,800 AED
Proposal Development Coordinator8,610 AED
Quantitative Trader14,100 AED
Receivables Accountant8,830 AED
Regulatory Accountant10,900 AED
Retirement Plan Analyst16,400 AED
Revenue Management Specialist17,600 AED
Revenue Recognition Analyst19,100 AED
Risk Management Director24,300 AED
Risk Management Supervisor20,400 AED
Staff Accountant9,120 AED
Tax Accountant9,290 AED
Tax Administrator10,400 AED
Tax Advisor15,700 AED
Tax Analyst16,100 AED
Tax Associate8,430 AED
Tax Consultant15,700 AED
Tax Director24,000 AED
Tax Examiner11,000 AED
Tax Manager21,600 AED
Tax Research Manager22,200 AED
Teller5,080 AED
Treasury Accountant10,400 AED
Treasury Analyst16,900 AED
Underwriter6,210 AED
Underwriting Assistant5,920 AED
Vice President of Finance29,200 AED


Accounting and Finance Jobs Pay Scale and Salaries in United Arab Emirates

Median and salary distribution United Arab Emirates Accounting and Finance monthly
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Salary Structure and Pay Scale Comparison

5% of people earn
15,900 AED or more
10% of people earn
13,300 to 15,900 AED
20% of people earn
7,440 AED or less
65% of people earn
7,440 to 13,300 AED
Minimum Salary
5,160 AED
Median
13,800 AED
Maximum
31,000 AED




Median Salary, maximum and minimum salary, minimum wage, starting salary, and the salary range

All salary figures displayed here are per month except when noted otherwise.
  • Salary Range, Minimum Wage, and Starting Salary

    Salaries in Accounting and Finance in United Arab Emirates range from 5,160 AED (starting average salary) to 31,000 AED (maximum average salary, actual maximum is higher). To clarify, the number presented is not the legally mandated minimum wage. Rather, it represents the lowest figure reported in a salary survey that involved thousands of participants and professionals from across the entire country.

  • Median Salary

    The median income in the field of Accounting and Finance is 13,800 AED, implying that half of the workforce in United Arab Emirates earns less than this figure, and the other half earns more. It represents the central value of salaries. As a rule of thumb, you would prefer to be part of the group earning above the median wage, situated on the right-hand side of the salary distribution chart.

  • Percentiles and Salary Scale

    Two values that are highly correlated with the median are the 25th and 75th percentiles. By examining the salary distribution diagram, it is possible to determine that 25% of individuals employed in Accounting and Finance in United Arab Emirates earn less than 10,500 AED, while 75% of them earn more. Additionally, the diagram reveals that 75% of individuals earn less than 17,000 AED, while 25% earn more than that.

  • Pay Scale Structure

    Data was regrouped into brackets to provide a better understanding of what salaries can be expected. This approach was deemed more accurate than relying solely on the average salary, as it offers greater insights into the distribution of salaries in the field of Accounting and Finance in United Arab Emirates. The analysis revealed that roughly 65% of all reported salaries fell within the range of 7,440 AED to 13,300 AED. Approximately 20% of salaries were below the 7,440 AED mark, while 10% ranged from 13,300 AED to 15,900 AED. Only 5% of individuals earned a gross salary of 15,900 AED or higher.

Salary Comparison by Years of Experience

How does a person's salary progress over time?

Salary Comparison By Experience Level
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The experience level is the most important factor in determining the salary. Naturally, the more years of experience the higher the wage.

Generally speaking, employees in Accounting and Finance in United Arab Emirates having experience from two to five years earn on average 32% more than freshers and juniors across all industries and disciplines.

Professionals with experience of more than five years tend to earn on average 36% more than those with five years or less of work experience.

As you hit the ten years mark, the salary increases by 21% and an additional 14% for those who have crossed the 15 years mark.

Those figures are presented as guidelines only. The numbers become more significant if you consider one job title at a time.


Change in salary based on experience varies drastically from one location to another and depends hugely on the career field as well. The data displayed here is the combined average of many different jobs. To view accurate figures, choose a specific job title.
On average, a person's salary doubles their starting salary by the time they cross the 10 years* experience mark.
* Based on the average change in salary over time. Salary variations differ from person to person.


Salary Comparison By Education

How does the education level affect your salary?

Salary Comparison By Education
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Change in salary based on education varies drastically from one location to another and depends hugely on the career field as well. The data displayed here is the combined average of multiple jobs. To view accurate figures, choose a specific job title.

It is well known that higher education equals a bigger salary, but how much more money can a degree add to your income?

We compared the salaries of professionals at the same level but with different college degree levels across many jobs in Accounting and Finance in United Arab Emirates, below are our findings.

Workers with a certificate or diploma earn on average 17% more than their peers who only reached the high school level.

Employees who earned a Bachelor's Degree earn 24% more than those who only managed to attain a certificate or diploma.

Professionals who attained a Master's Degree are awarded salaries that are 29% more than those with a Bachelor's Degree.

Finally, PhD holders earn 23% more than Master's Degree holders on average while doing the same job.


Is a Master's degree or an MBA worth it? Should you pursue higher education?

A Master's degree program or any post-graduate program in United Arab Emirates costs anywhere from 71,700 AED to 215,000 AED and lasts approximately two years. That is quite an investment.

Employees can't expect any salary increases during the study period, assuming they already have a job. In most cases, a salary review is conducted once education is completed and the degree has been attained.

Many people pursue higher education as a tactic to switch to a higher-paying job. The numbers seem to support this tactic. The average increase in compensation while changing jobs is approximately 10% more than the customary salary increment.

The decision really depends on the situation and experience among many other factors. Putting all variables aside, if a person can afford the costs of higher education then the return on investment is definitely worth it. Degree costs can be recovered roughly in a year or so.



Salary and Compensation Comparison By Gender / Accounting and Finance / United Arab Emirates

Salary comparison by gender United Arab Emirates Accounting and Finance monthly
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Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? In the field of Accounting and Finance in United Arab Emirates, the average difference between the salary of male and female employees is 7%.

Male
15,400 AED
Female-7%
14,400 AED
Percentage increase and decrease are relative to the previous value

Salary Comparison By Gender in United Arab Emirates for all Careers

Salary comparison by gender monthly United Arab Emirates
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Average Annual Salary Increment Percentage / Accounting and Finance / United Arab Emirates

How much are annual salary increments in United Arab Emirates for individuals working in Accounting and Finance? How often do employees get salary raises?

Professionals working in Accounting and Finance in United Arab Emirates are likely to observe a salary increase of approximately 10% every 15 months. The national average annual increment for all professions combined is 8% granted to employees every 17 months.

Annual Salary Increment Rate United Arab Emirates Accounting and Finance
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The figures provided here are averages of numbers. Those figures should be taken as general guidelines. Salary increments will vary from person to person and depend on many factors, but your performance and contribution to the success of the organization remain the most important factors in determining how much and how often you will be granted a raise.

United Arab Emirates / All Professions

Annual Salary Increment Rate United Arab Emirates
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The term Annual Salary Increase usually refers to the increase in 12 calendar month period, but because it is rare that people get their salaries reviewed exactly on the one-year mark, it is more meaningful to know the frequency and the rate at the time of the increase.

How to calculate the salary increment percentage?

The annual salary Increase in a calendar year (12 months) can be easily calculated as follows: Annual Salary Increase = Increase Rate x 12 / Increase Frequency

The average salary increase in one year (12 months) in United Arab Emirates is 6%.

Worldwide Salary Raises: All Countries and All Jobs

World Average Annual Salary Increment
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Salary Packages and Schemes

Not all compensation increases are reflected directly in the salary. Some companies offer upgraded packages to their staff instead of cash money. The figures displayed here account only for direct increments to the base salary.

Bonus and Incentive Rates / Accounting and Finance / United Arab Emirates

How much and how often are bonuses being awarded?Annual Salary Bonus Rate United Arab Emirates Accounting and Finance
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19% of surveyed staff in Accounting and Finance reported that they haven't received any bonuses or incentives in the previous year while 81% said that they received at least one form of monetary bonus.

Those who got bonuses reported rates ranging from 5% to 9% of their annual salary.

Received Bonus
81%
No Bonus
19%

Types of Bonuses Considered

Individual Performance-Based Bonuses

The most standard form of bonus, where the employee is awarded based on their exceptional performance.

Company Performance Bonuses

Occasionally, some companies like to celebrate excess earnings and profits with their staff collectively in the form of bonuses that are granted to everyone. The amount of the bonus will probably be different from person to person depending on their role within the organization.

Goal-Based Bonuses

Granted upon achieving an important goal or milestone.

Holiday / End of Year Bonuses

These types of bonuses are given without a reason and usually resemble an appreciation token.

Bonuses Are Not Commissions!

People tend to confuse bonuses with commissions. A commission is a prefixed rate at which someone gets paid for items sold or deals completed while a bonus is in most cases arbitrary and unplanned.


What makes a position worthy of good bonuses and a high salary?

The main two types of jobs

Revenue GeneratorsSupporting Cast

Employees that are directly involved in generating revenue or profit for the organization. Their field of expertise usually matches the type of business.

Employees that support and facilitate the work of revenue generators. Their expertise is usually different from that of the core business operations.

Example:
A graphics designer working for a graphics designing company.

Example:
A graphic designer in the marketing department of a hospital.


Revenue generators usually get more and higher bonuses, higher salaries, and more frequent salary increments. The reason is quite simple: it is easier to quantify your value to the company in monetary terms when you participate in revenue generation.

Try to work for companies where your skills can generate revenue. We can't all generate revenue and that's perfectly fine.

Bonus Comparison by Seniority Level

Top management personnel and senior employees naturally exhibit higher bonus rates and frequencies than juniors. This is very predictable due to the inherent responsibilities of being higher in the hierarchy. People in top positions can easily get double or triple bonus rates than employees down the pyramid.

Hourly Average Wage / Accounting and Finance / United Arab Emirates


86 AED per hour

The average hourly wage (pay per hour) in Accounting and Finance in United Arab Emirates is 86 AED.This is the rate they get paid for every worked hour.


Hourly Wage = Annual Salary / ( 52 x 5 x 8 )

About The Hourly Pay Rate

The hourly wage is the salary paid in one worked hour. Usually, jobs are classified into two categories: salaried jobs and hourly jobs. Salaried jobs pay a fixed amount regardless of the hours worked. Hourly jobs pay per worked hour. To convert salary into hourly wage the above formula is used (assuming 5 working days in a week and 8 working hours per day which is the standard for most jobs). The hourly wage calculation may differ slightly depending on the worked hours per week and the annual vacation allowance. The figures mentioned above are good approximations and are considered to be the standard. One major difference between salaried employees and hourly paid employees is overtime eligibility. Salaried employees are usually exempt from overtime as opposed to hourly paid staff.

What is the minimum hourly rate of pay?

The minimum pay rate per hour for people working in Accounting and Finance in United Arab Emirates is 30 AED. This is the minimum as per the gathered data in the salary survey not the minimum hourly rate mandated by law.

Salary Comparison By City

CityAverage Salary
Abu Dhabi15,900 AED
Ajman14,600 AED
Al Ain15,000 AED
Dubai16,300 AED
Fujairah13,700 AED
Ras Al Khaimah14,200 AED
Sharjah15,500 AED
Um Al Quiwain13,300 AED

Government vs Private Sector Salary Comparison

Where can you get paid more, working in a private company or the government? The difference between the public or government sector salaries and the private sector salaries in United Arab Emirates is 6% on average across all career fields.

Private Sector
13,800 AED
Public Sector+6%
14,700 AED
Percentage increase and decrease are relative to the previous value

Salary Statistics and Calculation Guide

What is considered to be a good and competitive salary in Accounting and Finance in United Arab Emirates?

A good and competitive compensation would range anywhere between 13,800 AED and 17,000 AED. This is a very rough estimate. Experience and education play a very huge part in the final earnings.

Gross Salary (before tax) and Net Salary (after tax)

All salary and compensation figures displayed here are gross salary figures, that is the salary before tax deductions. Because taxes may differ across sectors and locations, it is difficult to accurately calculate the net salary after tax for every career.

Base / Basic Salary

The base salary for jobs in Accounting and Finance in United Arab Emirates ranges from 5,160 AED to 10,500 AED. The base salary depends on many factors including experience and education. It is not easy to provide a figure with very little information, so take this range with a grain of salt.


What is the difference between the median and the average salary?

Both are indicators. If your salary is higher than both the average and the median then you are doing very well. If your salary is lower than both, then many people earn more than you and there is plenty of room for improvement. If your wage is between the average and the median, then things can be a bit complicated. We wrote a guide to explain all about the different scenarios. How to compare your salary


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