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Accounting and Finance Average Salaries in Al Ain 2024

How much money does a person working in Accounting and Finance make in Al Ain?


Average Monthly Salary
15,000 AED
( 180,000 AED yearly)

LOW
5,220
AED
AVERAGE
15,000
AED
HIGH
31,300
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 Al Ain typically earns around 15,000 AED. Salaries range from 5,220 AED (lowest average) to 31,300 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 Al Ain 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 Examiner7,340 AED
Account Executive13,400 AED
Accountant9,600 AED
Accounting Analyst13,100 AED
Accounting Assistant7,420 AED
Accounting Associate6,630 AED
Accounting Clerk5,530 AED
Accounting Coordinator9,100 AED
Accounting Head22,000 AED
Accounting Manager22,100 AED
Accounting Officer6,840 AED
Accounting Specialist14,000 AED
Accounting Supervisor14,700 AED
Accounting Technician6,790 AED
Accounting Unit Controller17,100 AED
Accounts Executive13,300 AED
Accounts Officer7,720 AED
Accounts Payable and Receivable Specialist10,200 AED
Accounts Payable Assistant7,510 AED
Accounts Payable Associate8,990 AED
Accounts Payable Clerk7,060 AED
Accounts Payable Manager21,700 AED
Accounts Receivable Administrator14,600 AED
Accounts Receivable Clerk6,750 AED
Accounts Receivable Financial Analyst15,000 AED
Accounts Receivable Manager20,400 AED
Accounts Receivable Team Leader14,600 AED
Algorithmic Trading Specialist18,700 AED
Assistant Accountant7,510 AED
Assistant Accounting Manager20,300 AED
Assistant Auditor9,640 AED
Assistant Corporate Controller13,700 AED
Assistant Finance Manager22,000 AED
Assistant Financial Controller13,300 AED
Audit Director24,600 AED
Audit Supervisor19,900 AED
Auditing Clerk7,720 AED
Auditing Manager23,100 AED
Billing Clerk6,980 AED
Billing Coordinator8,850 AED
Billing Specialist10,500 AED
Billing Supervisor16,300 AED
Bookkeeper5,780 AED
Bookkeeping Specialist9,780 AED
Budget Analyst17,700 AED
Budget Manager22,100 AED
Business Support Analyst11,000 AED
Capital Markets Associate15,500 AED
Cash Flow Analyst16,300 AED
Cash Management Manager20,200 AED
Cash Management Officer11,500 AED
Cashbook Clerk6,030 AED
Chartered Accountant13,300 AED
Chief Accountant16,100 AED
Chief Financial Technology Officer21,500 AED
Collections Clerk5,720 AED
Collections Representative8,680 AED
Collections Specialist9,760 AED
Corporate Controller17,100 AED
Corporate Treasurer19,500 AED
Cost Accountant9,720 AED
Cost Accounting Manager20,900 AED
Cost Accounting Supervisor16,700 AED
Cost Analyst16,900 AED
Credit and Collection Manager21,400 AED
Credit and Collection Staff6,980 AED
Credit and Loans Officer7,090 AED
Credit Controller14,400 AED
Credit Manager21,600 AED
Debt Adviser17,700 AED
Debt Collector8,100 AED
Debtors Clerk6,430 AED
Debtors Controller6,840 AED
Deputy CFO28,600 AED
Deputy Head of Finance30,300 AED
Derivative Trader18,700 AED
Director of Finance33,100 AED
E-commerce Accountant10,600 AED
Economist24,000 AED
Equity Analyst18,600 AED
Escrow Assistant8,720 AED
Executive Accountant11,400 AED
External Auditor14,000 AED
Finance Administrator12,000 AED
Finance Analyst18,500 AED
Finance Associate8,850 AED
Finance Data Analyst16,200 AED
Finance Director31,200 AED
Finance Executive22,000 AED
Finance Licensing Clerk6,950 AED
Finance Licensing Manager19,300 AED
Finance Licensing Specialist10,700 AED
Finance Manager30,400 AED
Finance Officer8,990 AED
Finance President31,800 AED
Finance Relationship Manager25,200 AED
Finance Release Analyst11,100 AED
Finance Specialist17,900 AED
Finance Team Leader 24,900 AED
Financial Accountant9,640 AED
Financial Actuary16,600 AED
Financial Administrator18,000 AED
Financial Advisor18,300 AED
Financial Analyst19,300 AED
Financial Applications Specialist12,800 AED
Financial Assistant7,970 AED
Financial Associate9,290 AED
Financial Associate7,480 AED
Financial Claims Analyst13,200 AED
Financial Claims Manager18,400 AED
Financial Claims Supervisor17,500 AED
Financial Clerk7,010 AED
Financial Commercial Analyst14,900 AED
Financial Compliance Analyst17,400 AED
Financial Compliance Officer16,300 AED
Financial Consultant14,000 AED
Financial Controller15,900 AED
Financial Controller17,000 AED
Financial Coordinator8,790 AED
Financial Customer Service Manager19,300 AED
Financial Data Scientist20,000 AED
Financial Dealer and Broker10,700 AED
Financial Director32,300 AED
Financial Encoder8,010 AED
Financial Manager31,700 AED
Financial Manager28,800 AED
Financial Modelling Analyst19,800 AED
Financial Operations Manager26,200 AED
Financial Policy Analyst16,500 AED
Financial Project Manager21,700 AED
Financial Quantitative Analyst18,000 AED
Financial Reporting Consultant15,500 AED
Financial Reporting Manager20,700 AED
Financial Section Head21,100 AED
Financial Services Manager26,700 AED
Financial Services Sales Agent10,500 AED
Financial Technology Consultant16,000 AED
Financial Wellness Coach21,800 AED
FinTech Analyst18,600 AED
Fixed Assets Administrator9,910 AED
Forensic Accountant12,000 AED
Fraud Detection Supervisor12,900 AED
Fraud Prevention Manager20,800 AED
Fund Accountant9,290 AED
Grants Coordinator6,860 AED
Green Finance Analyst15,100 AED
Group Financial Manager30,200 AED
Internal Auditor13,700 AED
Internal Control Adviser16,900 AED
Internal Control Officer8,100 AED
International Tax Director25,200 AED
Inventory Accountant9,910 AED
Investment Advisor29,300 AED
Investment Analyst21,800 AED
Investment Associate18,300 AED
Investment Broker17,100 AED
Investment Fund Manager23,100 AED
Investment Operations Manager23,800 AED
Investment Underwriter8,200 AED
Investor13,600 AED
Investor Relations Manager20,400 AED
KYC Team Leader20,900 AED
Loan Processor7,900 AED
Management Accountant11,200 AED
Management Economist23,800 AED
Paymaster7,690 AED
Payroll Administrator13,600 AED
Payroll Benefits Coordinator10,900 AED
Payroll Billing Manager19,400 AED
Payroll Clerk8,780 AED
Payroll Manager18,600 AED
Payroll Officer8,750 AED
Payroll Specialist9,990 AED
Payroll Supervisor12,900 AED
Pensions Administrator10,100 AED
Personal Financial Advisor16,100 AED
Pricing Analyst16,800 AED
Private Equity Analyst17,800 AED
Project Accountant10,900 AED
Proposal Development Coordinator8,270 AED
Quantitative Trader14,300 AED
Receivables Accountant9,300 AED
Regulatory Accountant11,100 AED
Retirement Plan Analyst17,100 AED
Revenue Management Specialist16,600 AED
Revenue Recognition Analyst19,000 AED
Risk Management Director25,900 AED
Risk Management Supervisor21,700 AED
Staff Accountant9,820 AED
Tax Accountant9,540 AED
Tax Administrator10,800 AED
Tax Advisor16,300 AED
Tax Analyst15,100 AED
Tax Associate7,840 AED
Tax Consultant16,300 AED
Tax Director25,000 AED
Tax Examiner11,000 AED
Tax Manager20,900 AED
Tax Research Manager21,500 AED
Teller5,430 AED
Treasury Accountant10,500 AED
Treasury Analyst17,200 AED
Underwriter6,470 AED
Underwriting Assistant6,170 AED
Vice President of Finance30,500 AED


Accounting and Finance Jobs Pay Scale and Salaries in Al Ain

Median and salary distribution Al Ain Accounting and Finance monthly
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Salary Structure and Pay Scale Comparison

5% of people earn
15,000 AED or more
10% of people earn
12,500 to 15,000 AED
20% of people earn
7,010 AED or less
65% of people earn
7,010 to 12,500 AED
Minimum Salary
5,220 AED
Median
13,000 AED
Maximum
31,300 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 Al Ain range from 5,220 AED (starting average salary) to 31,300 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 13,000 AED, implying that half of the workforce in Al Ain 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 Al Ain earn less than 9,910 AED, while 75% of them earn more. Additionally, the diagram reveals that 75% of individuals earn less than 16,000 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 Al Ain. The analysis revealed that roughly 65% of all reported salaries fell within the range of 7,010 AED to 12,500 AED. Approximately 20% of salaries were below the 7,010 AED mark, while 10% ranged from 12,500 AED to 15,000 AED. Only 5% of individuals earned a gross salary of 15,000 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 Al Ain 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 Al Ain, 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 / Al Ain

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 / Al Ain

How much are annual salary increments in Al Ain 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 % every 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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100% of surveyed staff in Accounting and Finance reported that they haven't received any bonuses or incentives in the previous year while % said that they received at least one form of monetary bonus.

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

Received Bonus
%
No Bonus
100%

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 / Al Ain


87 AED per hour

The average hourly wage (pay per hour) in Accounting and Finance in Al Ain is 87 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 Al Ain 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 Al Ain?

A good and competitive compensation would range anywhere between 13,000 AED and 16,000 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 Al Ain ranges from 5,220 AED to 9,910 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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