A person working as an External Auditor in Dubai typically earns around 22,500 AED per month. Salaries range from 10,600 AED (lowest) to 35,600 AED (highest).
This is the average monthly salary including housing, transport, and other benefits. External Auditor salaries vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.
External Auditor salaries in Dubai range from 10,600 AED per month (minimum salary) to 35,600 AED per month (maximum salary).
The median salary is 23,900 AED per month, which means that half (50%) of people working as External Auditor(s) are earning less than 23,900 AED while the other half are earning more than 23,900 AED. The median represents the middle salary value. Generally speaking, you would want to be on the right side of the graph with the group earning more than the median salary.
Closely related to the median are two values: the 25th and the 75th percentiles. Reading from the salary distribution diagram, 25% of External Auditor(s) are earning less than 15,500 AED while 75% of them are earning more than 15,500 AED. Also from the diagram, 75% of External Auditor(s) are earning less than 31,500 AED while 25% are earning more than 31,500 AED.
Both are indicators. If your salary is higher than both of the average and the median then you are doing very well. If your salary is lower than both, then many people are earning 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
The experience level is the most important factor in determining the salary. Naturally the more years of experience the higher your wage. We broke down External Auditor salaries by experience level and this is what we found.
An External Auditor with less than two years of experience makes approximately 12,200 AED per month.
While someone with an experience level between two and five years is expected to earn 16,800 AED per month, 38% more than someone with less than two year's experience.
Moving forward, an experience level between five and ten years lands a salary of 23,900 AED per month, 42% more than someone with two to five years of experience.
Additionally, External Auditor(s) whose expertise span anywhere between ten and fifteen years get a salary equivalent to 29,200 AED per month, 22% 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 30,800 AED per month, 6% more than someone with ten to fifteen years of experience.
Lastly, employees with more than twenty years of professional experience get a salary of 33,600 AED per month, 9% more than people with fifteen to twenty years of experience.
|0 - 2 Years|
|2 - 5 Years||+38%|
|5 - 10 Years||+42%|
|10 - 15 Years||+22%|
|15 - 20 Years||+6%|
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 External Auditor salaries by education level in order to make a comparison.
When the education level is Certificate or Diploma, the average salary of an External Auditor is 14,600 AED per month.
While someone with a Bachelor's Degree gets a salary of 23,100 AED per month, 58% more than someone having a Certificate or Diploma degree.
A Master's Degree gets its holder an average salary of 32,100 AED per month, 39% more than someone with a Bachelor's Degree.
|Certificate or Diploma|
A Master's degree program or any post-graduate program in United Arab Emirates costs anywhere from 97,900 UAE Dirham(s) to 294,000 UAE Dirham(s) 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 into a higher paying job. The numbers seem to support the thoery. 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.
Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? Male External Auditor employees in United Arab Emirates earn 5% more than their female counterparts on average.
External Auditor(s) in United Arab Emirates are likely to observe a salary increase of approximately 11% every 17 months. The national average annual increment for all professions combined is 8% granted to employees every 17 months.
The term 'Annual Salary Increase' usually refers to the increase in 12 calendar month period, but because it is rarely 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.
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
Listed above are the average annual increase rates for each industry in United Arab Emirates for the year 2020. Companies within thriving industries tend to provide higher and more frequent raises. Exceptions do exist, but generally speaking, the situation of any company is closely related to the economic situation in the country or region. These figures tend to change frequently.
An External Auditor is considered to be a moderate bonus-based job due to the generally limited involvement in direct revenue generation, with exceptions of course. The people who get the highest bonuses are usually somehow involved in the revenue generation cycle.
45% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 55% said that they received at least one form of monetary bonus.
Those who got bonuses reported rates ranging from 3% to 6% of their annual salary.
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.
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.
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.
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.
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.
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 fix 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.
The average salary for External Auditor is 1% more than that of Accounting and Finance. Also, Accounting and Finance salaries are 3% more than those of All Jobs.
|Job Title||Average Salary|
|Account Examiner||10,900 AED||-52%|
|Account Executive||19,400 AED||-14%|
|Accounting Assistant||11,700 AED||-48%|
|Accounting Associate||11,000 AED||-51%|
|Accounting Clerk||8,890 AED||-61%|
|Accounting Coordinator||13,200 AED||-41%|
|Accounting Manager||32,400 AED||+44%|
|Accounting Supervisor||20,800 AED||-8%|
|Accounting Technician||10,900 AED||-52%|
|Accounts Executive||18,700 AED||-17%|
|Accounts Payable and Receivable Specialist||15,000 AED||-33%|
|Accounts Payable Clerk||11,100 AED||-51%|
|Accounts Payable Manager||31,700 AED||+41%|
|Accounts Receivable Clerk||10,600 AED||-53%|
|Accounts Receivable Manager||29,700 AED||+32%|
|Assistant Accounting Manager||30,400 AED||+35%|
|Assistant Auditor||14,500 AED||-36%|
|Audit Supervisor||28,800 AED||+28%|
|Auditing Clerk||11,900 AED||-47%|
|Auditing Manager||33,000 AED||+47%|
|Billing Coordinator||14,200 AED||-37%|
|Billing Specialist||16,400 AED||-27%|
|Billing Supervisor||23,500 AED||+4%|
|Bookkeeping Specialist||15,100 AED||-33%|
|Budget Analyst||27,900 AED||+24%|
|Budget Manager||31,300 AED||+39%|
|Business Support Analyst||16,500 AED||-27%|
|Capital Markets Associate||22,500 AED||-0%|
|Cash Flow Analyst||23,300 AED||+4%|
|Cash Management Officer||18,400 AED||-18%|
|Cashbook Clerk||9,900 AED||-56%|
|Chartered Accountant||19,100 AED||-15%|
|Collections Clerk||9,400 AED||-58%|
|Collections Specialist||15,600 AED||-31%|
|Corporate Treasurer||30,000 AED||+33%|
|Cost Accountant||15,200 AED||-32%|
|Cost Accounting Manager||32,000 AED||+42%|
|Cost Analyst||23,600 AED||+5%|
|Credit and Collection Manager||30,300 AED||+35%|
|Credit and Collection Staff||10,900 AED||-52%|
|Credit and Loans Officer||10,500 AED||-53%|
|Credit Controller||21,000 AED||-7%|
|Debt Adviser||25,900 AED||+15%|
|Debt Collector||12,500 AED||-44%|
|Debtors Clerk||10,000 AED||-56%|
|Deputy CFO||44,100 AED||+96%|
|Derivative Trader||26,200 AED||+16%|
|Escrow Assistant||13,900 AED||-38%|
|External Auditor||22,500 AED||-0%|
|Finance Associate||13,500 AED||-40%|
|Finance Executive||34,600 AED||+54%|
|Finance Licensing Clerk||11,200 AED||-50%|
|Finance Licensing Manager||28,900 AED||+28%|
|Finance Licensing Specialist||16,400 AED||-27%|
|Finance Officer||14,000 AED||-38%|
|Finance President||48,800 AED||+120%|
|Finance Relationship Manager||34,700 AED||+54%|
|Finance Release Analyst||17,900 AED||-20%|
|Finance Team Leader||34,300 AED||+52%|
|Financial Actuary||24,000 AED||+7%|
|Financial Administrator||25,600 AED||+14%|
|Financial Analyst||27,800 AED||+24%|
|Financial Applications Specialist||18,900 AED||-16%|
|Financial Assistant||12,200 AED||-46%|
|Financial Associate||11,800 AED||-48%|
|Financial Claims Analyst||20,800 AED||-8%|
|Financial Claims Manager||28,500 AED||+27%|
|Financial Commercial Analyst||22,300 AED||-1%|
|Financial Compliance Analyst||25,300 AED||+12%|
|Financial Consultant||20,100 AED||-11%|
|Financial Controller||25,600 AED||+14%|
|Financial Coordinator||13,500 AED||-40%|
|Financial Customer Service Manager||29,400 AED||+31%|
|Financial Dealer and Broker||15,900 AED||-29%|
|Financial Encoder||12,200 AED||-46%|
|Financial Manager||45,600 AED||+100%|
|Financial Operations Manager||40,800 AED||+81%|
|Financial Policy Analyst||24,600 AED||+9%|
|Financial Project Manager||33,200 AED||+47%|
|Financial Quantitative Analyst||26,700 AED||+19%|
|Financial Reporting Consultant||21,800 AED||-3%|
|Financial Reporting Manager||30,500 AED||+36%|
|Financial Services Sales Agent||16,000 AED||-29%|
|Fixed Assets Administrator||16,100 AED||-28%|
|Forensic Accountant||17,100 AED||-24%|
|Fraud Detection Supervisor||18,200 AED||-19%|
|Fraud Prevention Manager||31,400 AED||+39%|
|Fund Accountant||14,700 AED||-35%|
|Grants Coordinator||11,400 AED||-49%|
|Internal Auditor||19,900 AED||-12%|
|Internal Control Adviser||23,400 AED||+4%|
|Internal Control Officer||12,900 AED||-43%|
|Inventory Accountant||15,300 AED||-32%|
|Investment Analyst||29,700 AED||+32%|
|Investment Fund Manager||36,300 AED||+61%|
|Investment Underwriter||12,300 AED||-45%|
|Investor Relations Manager||30,000 AED||+33%|
|KYC Team Leader||30,900 AED||+37%|
|Management Economist||34,800 AED||+55%|
|Payroll Clerk||13,700 AED||-39%|
|Payroll Manager||27,700 AED||+23%|
|Pensions Administrator||15,400 AED||-32%|
|Pricing Analyst||25,000 AED||+11%|
|Private Equity Analyst||26,700 AED||+19%|
|Proposal Development Coordinator||12,800 AED||-43%|
|Receivables Accountant||14,600 AED||-35%|
|Regulatory Accountant||16,500 AED||-27%|
|Retirement Plan Analyst||23,700 AED||+5%|
|Revenue Management Specialist||25,400 AED||+13%|
|Revenue Recognition Analyst||29,000 AED||+29%|
|Risk Management Director||37,800 AED||+68%|
|Risk Management Supervisor||31,700 AED||+41%|
|Tax Accountant||14,200 AED||-37%|
|Tax Advisor||23,100 AED||+3%|
|Tax Associate||13,000 AED||-42%|
|Tax Manager||30,400 AED||+35%|
|Treasury Accountant||15,900 AED||-29%|
|Treasury Analyst||25,200 AED||+12%|
|Underwriting Assistant||9,270 AED||-59%|
|Vice President of Finance||41,400 AED||+84%|
|Abu Dhabi||20,100 AED|
|Al Ain||19,300 AED|
|Ras Al Khaimah||19,500 AED|
|Um Al Quiwain||18,000 AED|
Where can you get paid more, working for a private company or for the government? Public sector employees in United Arab Emirates earn 6% more than their private sector counterparts on average across all sectors.