Financial Services Manager Average Salary in Abu Dhabi 2024
How much money does a person working as Financial Services Manager make in Abu Dhabi?
LOW
13,800
AED AVERAGE
28,100
AED HIGH
43,800
AED
A person working as Financial Services Manager in Abu Dhabi typically earns around 28,100 AED. Salaries range from 13,800 AED (lowest) to 43,800 AED (highest).
Salary Variance
This is the average salary including housing, transport, and other benefits. Financial Services Manager salaries in Abu Dhabi vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.
Financial Services Manager Pay Scale and Salaries in Abu Dhabi
Salary Structure and Pay Scale Comparison
26,000 AED or more
23,000 to 26,000 AED
16,300 AED or less
16,300 to 23,000 AED
 13,800 AED |
26,200 AED |
43,800 AED |
Median Salary, maximum and minimum salary, minimum wage, starting salary, and the salary range
Salary Range, Minimum Wage, and Starting Salary
Salaries for the position Financial Services Manager in Abu Dhabi range from 13,800 AED (starting salary) to 43,800 AED (maximum salary). It should be noted that the given figure is not the legally mandated minimum wage; rather, it represents the lowest figure reported in a salary survey that included thousands of participants and professionals from all regions of the country.
Median Salary
With a median salary of 26,200 AED, half of the professionals who work as Financial Services Manager in Abu Dhabi earn less than this amount, and the other half earn more. The median salary denotes the middle value of salaries. Ideally, you would want to belong to the group earning more than the median salary, located on the right side of the salary distribution graph.
Percentiles and Salary Scale
The median is closely associated with two other values known as the 25th and 75th percentiles. By examining the salary distribution chart, it can be determined that 25% of professionals employed as Financial Services Manager in Abu Dhabi earn less than 21,400 AED, while 75% earn more. Similarly, the chart shows that 75% earn less than 30,000 AED while 25% earn more.
Pay Scale Structure
To provide a better understanding of expected salaries, we categorized the frequently occurring salaries into different ranges. This approach provides a more precise representation of salary distribution for the job title Financial Services Manager in Abu Dhabi compared to simply calculating the average. The majority of reported salaries, approximately 65%, fall within the range of 16,300 AED to 23,000 AED. About 20% of salaries are below the 16,300 AED mark, while 10% fall within the range of 23,000 AED to 26,000 AED. Only 5% of individuals have salaries exceeding 26,000 AED.
Salary Comparison by Years of Experience / Financial Services Manager / Abu Dhabi
How do experience and age affect pay?
| 0 - 2 Years | 16,300 AED | |
| 2 - 5 Years | +29% | 21,000 AED |
| 5 - 10 Years | +38% | 28,900 AED |
| 10 - 15 Years | +24% | 35,900 AED |
| 15 - 20 Years | +7% | 38,400 AED |
| 20+ Years | +7% | 41,000 AED |
The experience level is the most important factor in determining the salary. Naturally, the more years of experience the higher the wage. We broke down salaries by experience level for people working as Financial Services Manager and this is what we found.
Employees with less than two years of experience earn approximately 16,300 AED.
While someone with an experience level between two and five years is expected to earn 21,000 AED, 29% more than someone with less than two year's experience.
Moving forward, an experience level between five and ten years lands a salary of 28,900 AED, 38% more than someone with two to five years of experience.
Additionally, professionals whose expertise span anywhere between ten and fifteen years get a salary equivalent to 35,900 AED, 24% more than someone with five to ten years of experience.
If the experience level is between fifteen and twenty years, then the expected wage is 38,400 AED, 7% more than someone with ten to fifteen years of experience.
Lastly, employees with more than twenty years of professional experience get a salary of 41,000 AED, 7% more than people with fifteen to twenty years of experience.
Typical Salary Progress for Most Careers
Salary Comparison By Education / Financial Services Manager / Abu Dhabi
How do education levels affect salaries?
Displayed below is the average salary variance between different education levels of professionals working as Financial Services Manager.
| Certificate or Diploma | 21,000 AED | |
| Bachelor's Degree | +34% | 28,200 AED |
| Master's Degree | +53% | 43,200 AED |
We all know that higher education equals a bigger salary, but how much more money can a degree add to your income? We broke down salaries by education level for the position Financial Services Manager in order to make a comparison.
Level 1: Certificate or Diploma
Employees at this education level have an average salary of 21,000 AED.
Level 2: Bachelor's Degree
At this level, the average salary becomes 28,200 AED, 34% more than the previous level.
Level 3: Master's Degree
At this level, the average salary becomes 43,200 AED, 53% more than the previous level.
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.
You can't really expect any salary increases during the study period, assuming you 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 the theory. The average increase in compensation while changing jobs is approximately 10% more than the customary salary increment.
If you can afford the costs of higher education, the return on investment is definitely worth it. You should be able to recover the costs in roughly a year or so.
Typical Salary Difference by Education for Most Careers
Salary and Compensation Comparison By Gender / Financial Services Manager / Abu Dhabi
Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? For the people who work as Financial Services Manager in United Arab Emirates, the average difference between the salary of male and female employees is 7%.
| Male | 27,100 AED | |
| Female | -7% | 25,200 AED |
Salary Comparison By Gender in United Arab Emirates for all Careers
Average Annual Salary Increment Percentage / Financial Services Manager / Abu Dhabi
How much are annual salary increments in Abu Dhabi for individuals working as Financial Services Manager? How often do employees get salary raises?
Individuals working as Financial Services Manager 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.
United Arab Emirates / All Professions
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
Worldwide Salary Raises: All Countries and All Jobs
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 / Financial Services Manager / United Arab Emirates
How much and how often are bonuses being awarded?
Share This Chart Tweet Get Chart Linkhttp://www.salaryexplorer.com/charts/united-arab-emirates/accounting-and-finance/financial-services-manager/annual-salary-bonus-rate-united-arab-emirates-financial-services-manager.jpg
100% of surveyed staff 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 BonusesThe most standard form of bonus, where the employee is awarded based on their exceptional performance.
Company Performance BonusesOccasionally, 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 BonusesGranted upon achieving an important goal or milestone.
Holiday / End of Year BonusesThese 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 Generators | Supporting 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: | Example: |
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.
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.
Average Hourly Wage / Financial Services Manager / Abu Dhabi
160 AED per hourThe average hourly wage (pay per hour) for individuals working as Financial Services Manager in Abu Dhabi is 160 AED.This is the rate they get paid for every worked hour.
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 as Financial Services Manager in Abu Dhabi is 79 AED. This is the minimum as per the gathered data in the salary survey not the minimum hourly rate mandated by law.
Salary comparison with similar jobs
| Job Title | Average Salary |
| Accounting and Finance |  -100% | |
| Account Examiner | 7,540 AED | -73% |
| Account Executive | 13,200 AED | -53% |
| Accountant | 10,200 AED | -64% |
| Accounting Analyst | 13,800 AED | -51% |
| Accounting Assistant | 7,870 AED | -72% |
| Accounting Associate | 6,840 AED | -76% |
| Accounting Clerk | 5,850 AED | -79% |
| Accounting Coordinator | 9,350 AED | -67% |
| Accounting Head | 21,800 AED | -22% |
| Accounting Manager | 23,400 AED | -17% |
| Accounting Officer | 7,180 AED | -74% |
| Accounting Specialist | 14,700 AED | -48% |
| Accounting Supervisor | 15,200 AED | -46% |
| Accounting Technician | 6,870 AED | -76% |
| Accounting Unit Controller | 18,000 AED | -36% |
| Accounts Executive | 13,600 AED | -52% |
| Accounts Officer | 8,100 AED | -71% |
| Accounts Payable and Receivable Specialist | 11,200 AED | -60% |
| Accounts Payable Assistant | 8,030 AED | -71% |
| Accounts Payable Associate | 9,270 AED | -67% |
| Accounts Payable Clerk | 7,460 AED | -73% |
| Accounts Payable Manager | 22,900 AED | -18% |
| Accounts Receivable Administrator | 15,800 AED | -44% |
| Accounts Receivable Clerk | 7,120 AED | -75% |
| Accounts Receivable Financial Analyst | 15,800 AED | -44% |
| Accounts Receivable Manager | 21,500 AED | -23% |
| Accounts Receivable Team Leader | 16,200 AED | -42% |
| Algorithmic Trading Specialist | 20,400 AED | -27% |
| Assistant Accountant | 7,540 AED | -73% |
| Assistant Accounting Manager | 20,600 AED | -27% |
| Assistant Auditor | 10,700 AED | -62% |
| Assistant Corporate Controller | 14,300 AED | -49% |
| Assistant Finance Manager | 22,800 AED | -19% |
| Assistant Financial Controller | 15,400 AED | -45% |
| Audit Director | 27,100 AED | -4% |
| Audit Supervisor | 20,800 AED | -26% |
| Auditing Clerk | 8,100 AED | -71% |
| Auditing Manager | 24,100 AED | -14% |
| Billing Clerk | 7,560 AED | -73% |
| Billing Coordinator | 9,570 AED | -66% |
| Billing Specialist | 11,800 AED | -58% |
| Billing Supervisor | 17,000 AED | -39% |
| Bookkeeper | 6,650 AED | -76% |
| Bookkeeping Specialist | 9,900 AED | -65% |
| Budget Analyst | 18,400 AED | -34% |
| Budget Manager | 23,000 AED | -18% |
| Business Support Analyst | 12,200 AED | -57% |
| Capital Markets Associate | 17,000 AED | -39% |
| Cash Flow Analyst | 16,900 AED | -40% |
| Cash Management Manager | 23,200 AED | -17% |
| Cash Management Officer | 11,900 AED | -58% |
| Cashbook Clerk | 6,820 AED | -76% |
| Chartered Accountant | 13,800 AED | -51% |
| Chief Accountant | 16,800 AED | -40% |
| Chief Financial Technology Officer | 23,000 AED | -18% |
| Collections Clerk | 6,110 AED | -78% |
| Collections Representative | 9,040 AED | -68% |
| Collections Specialist | 11,100 AED | -60% |
| Corporate Controller | 17,500 AED | -38% |
| Corporate Treasurer | 22,100 AED | -21% |
| Cost Accountant | 10,900 AED | -61% |
| Cost Accounting Manager | 21,400 AED | -24% |
| Cost Accounting Supervisor | 18,500 AED | -34% |
| Cost Analyst | 17,400 AED | -38% |
| Credit and Collection Manager | 22,200 AED | -21% |
| Credit and Collection Staff | 7,370 AED | -74% |
| Credit and Loans Officer | 7,280 AED | -74% |
| Credit Controller | 14,300 AED | -49% |
| Credit Manager | 24,400 AED | -13% |
| Debt Adviser | 18,600 AED | -34% |
| Debt Collector | 8,520 AED | -70% |
| Debtors Clerk | 7,090 AED | -75% |
| Debtors Controller | 7,180 AED | -74% |
| Deputy CFO | 32,700 AED |  +16% |
| Deputy Head of Finance | 31,300 AED | +11% |
| Derivative Trader | 19,300 AED | -31% |
| Director of Finance | 33,300 AED | +19% |
| E-commerce Accountant | 11,500 AED | -59% |
| Economist | 27,800 AED | -1% |
| Equity Analyst | 19,400 AED | -31% |
| Escrow Assistant | 8,920 AED | -68% |
| Executive Accountant | 11,500 AED | -59% |
| External Auditor | 14,600 AED | -48% |
| Finance Administrator | 12,100 AED | -57% |
| Finance Analyst | 20,300 AED | -28% |
| Finance Associate | 8,860 AED | -68% |
| Finance Data Analyst | 18,000 AED | -36% |
| Finance Director | 34,500 AED | +23% |
| Finance Executive | 22,900 AED | -18% |
| Finance Licensing Clerk | 7,070 AED | -75% |
| Finance Licensing Manager | 21,700 AED | -23% |
| Finance Licensing Specialist | 11,900 AED | -58% |
| Finance Manager | 33,500 AED | +19% |
| Finance Officer | 10,100 AED | -64% |
| Finance President | 34,600 AED | +23% |
| Finance Relationship Manager | 27,200 AED | -3% |
| Finance Release Analyst | 12,700 AED | -55% |
| Finance Specialist | 17,800 AED | -37% |
| Finance Team Leader | 25,600 AED | -9% |
| Financial Accountant | 10,100 AED | -64% |
| Financial Actuary | 16,500 AED | -41% |
| Financial Administrator | 17,800 AED | -37% |
| Financial Advisor | 20,200 AED | -28% |
| Financial Analyst | 20,200 AED | -28% |
| Financial Applications Specialist | 13,500 AED | -52% |
| Financial Assistant | 8,360 AED | -70% |
| Financial Associate | 10,200 AED | -64% |
| Financial Claims Analyst | 15,100 AED | -46% |
| Financial Claims Manager | 19,000 AED | -32% |
| Financial Claims Supervisor | 18,000 AED | -36% |
| Financial Clerk | 7,840 AED | -72% |
| Financial Commercial Analyst | 15,800 AED | -44% |
| Financial Compliance Analyst | 18,200 AED | -35% |
| Financial Compliance Officer | 18,100 AED | -36% |
| Financial Consultant | 14,500 AED | -48% |
| Financial Controller | 18,000 AED | -36% |
| Financial Coordinator | 9,780 AED | -65% |
| Financial Customer Service Manager | 19,800 AED | -30% |
| Financial Data Scientist | 20,000 AED | -29% |
| Financial Dealer and Broker | 11,200 AED | -60% |
| Financial Director | 35,300 AED | +26% |
| Financial Encoder | 8,410 AED | -70% |
| Financial Manager | 30,500 AED | +9% |
| Financial Modelling Analyst | 19,800 AED | -30% |
| Financial Operations Manager | 28,700 AED | +2% |
| Financial Policy Analyst | 16,600 AED | -41% |
| Financial Project Manager | 22,300 AED | -21% |
| Financial Quantitative Analyst | 20,000 AED | -29% |
| Financial Reporting Consultant | 15,100 AED | -46% |
| Financial Reporting Manager | 20,900 AED | -26% |
| Financial Section Head | 21,000 AED | -25% |
| Financial Services Manager | 28,100 AED | +0% |
| Financial Services Sales Agent | 11,800 AED | -58% |
| Financial Technology Consultant | 17,600 AED | -37% |
| Financial Wellness Coach | 24,100 AED | -14% |
| FinTech Analyst | 18,600 AED | -34% |
| Fixed Assets Administrator | 10,800 AED | -62% |
| Forensic Accountant | 13,000 AED | -54% |
| Fraud Detection Supervisor | 13,200 AED | -53% |
| Fraud Prevention Manager | 23,500 AED | -16% |
| Fund Accountant | 10,500 AED | -63% |
| Grants Coordinator | 7,080 AED | -75% |
| Green Finance Analyst | 17,500 AED | -38% |
| Group Financial Manager | 34,200 AED | +22% |
| Internal Auditor | 14,300 AED | -49% |
| Internal Control Adviser | 17,300 AED | -38% |
| Internal Control Officer | 9,160 AED | -67% |
| International Tax Director | 28,400 AED | +1% |
| Inventory Accountant | 11,100 AED | -60% |
| Investment Advisor | 29,900 AED | +6% |
| Investment Analyst | 22,300 AED | -21% |
| Investment Associate | 18,200 AED | -35% |
| Investment Broker | 19,200 AED | -32% |
| Investment Fund Manager | 25,400 AED | -10% |
| Investment Operations Manager | 24,200 AED | -14% |
| Investment Underwriter | 8,990 AED | -68% |
| Investor | 13,700 AED | -51% |
| Investor Relations Manager | 22,700 AED | -19% |
| KYC Team Leader | 22,200 AED | -21% |
| Loan Processor | 8,540 AED | -70% |
| Management Accountant | 12,400 AED | -56% |
| Management Economist | 26,500 AED | -6% |
| Paymaster | 8,170 AED | -71% |
| Payroll Administrator | 13,800 AED | -51% |
| Payroll Benefits Coordinator | 11,500 AED | -59% |
| Payroll Billing Manager | 20,500 AED | -27% |
| Payroll Clerk | 8,890 AED | -68% |
| Payroll Manager | 20,800 AED | -26% |
| Payroll Officer | 9,240 AED | -67% |
| Payroll Specialist | 10,500 AED | -63% |
| Payroll Supervisor | 14,400 AED | -49% |
| Pensions Administrator | 11,300 AED | -60% |
| Personal Financial Advisor | 15,800 AED | -44% |
| Pricing Analyst | 18,700 AED | -33% |
| Private Equity Analyst | 19,000 AED | -32% |
| Project Accountant | 11,500 AED | -59% |
| Proposal Development Coordinator | 9,220 AED | -67% |
| Quantitative Trader | 15,000 AED | -47% |
| Receivables Accountant | 9,450 AED | -66% |
| Regulatory Accountant | 11,600 AED | -59% |
| Retirement Plan Analyst | 17,500 AED | -38% |
| Revenue Management Specialist | 18,800 AED | -33% |
| Revenue Recognition Analyst | 20,500 AED | -27% |
| Risk Management Director | 26,000 AED | -7% |
| Risk Management Supervisor | 21,800 AED | -22% |
| Staff Accountant | 9,760 AED | -65% |
| Tax Accountant | 9,940 AED | -65% |
| Tax Administrator | 11,200 AED | -60% |
| Tax Advisor | 16,800 AED | -40% |
| Tax Analyst | 17,300 AED | -38% |
| Tax Associate | 9,020 AED | -68% |
| Tax Consultant | 16,800 AED | -40% |
| Tax Director | 25,700 AED | -8% |
| Tax Examiner | 11,700 AED | -58% |
| Tax Manager | 23,100 AED | -18% |
| Tax Research Manager | 23,800 AED | -15% |
| Teller | 5,440 AED | -81% |
| Treasury Accountant | 11,100 AED | -60% |
| Treasury Analyst | 18,100 AED | -36% |
| Underwriter | 6,650 AED | -76% |
| Underwriting Assistant | 6,330 AED | -77% |
| Vice President of Finance | 31,200 AED | +11% |
Salary Comparison By City
| City | Average Salary |
| Abu Dhabi | 28,100 AED |
| Al Ain | 26,700 AED |
| Dubai | 28,600 AED |
| Fujairah | 24,500 AED |
| Ras Al Khaimah | 26,200 AED |
| Sharjah | 28,000 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 |
Salary Statistics and Calculation Guide
What is considered to be a good and competitive salary for the job title Financial Services Manager in Abu Dhabi?
A good and competitive compensation would range anywhere between 26,200 AED and 30,000 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 a careers like Financial Services Manager in Abu Dhabi ranges from 13,800 AED to 21,400 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
