How much money does a person working in Accounting and Finance make in Dubai?
Average Monthly Salary
16,300 AED
( 196,000 AED yearly)
LOW
5,670
AED
AVERAGE
16,300
AED
HIGH
34,000
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 Dubai typically earns around 16,300 AED. Salaries range from 5,670 AED (lowest average) to 34,000 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 Dubai 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
Accounting and Finance | |
Account Examiner | 7,510 AED |
Account Executive | 14,100 AED |
Accountant | 10,500 AED |
Accounting Analyst | 14,100 AED |
|
Accounting Assistant | 8,100 AED |
Accounting Associate | 7,570 AED |
Accounting Clerk | 6,020 AED |
Accounting Coordinator | 9,310 AED |
Accounting Head | 23,200 AED |
Accounting Manager | 24,100 AED |
Accounting Officer | 7,320 AED |
Accounting Specialist | 15,000 AED |
Accounting Supervisor | 15,200 AED |
Accounting Technician | 7,450 AED |
Accounting Unit Controller | 18,400 AED |
Accounts Executive | 13,600 AED |
Accounts Officer | 8,250 AED |
Accounts Payable and Receivable Specialist | 10,700 AED |
Accounts Payable Assistant | 8,340 AED |
Accounts Payable Associate | 9,270 AED |
Accounts Payable Clerk | 7,660 AED |
Accounts Payable Manager | 23,500 AED |
Accounts Receivable Administrator | 16,600 AED |
Accounts Receivable Clerk | 7,290 AED |
Accounts Receivable Financial Analyst | 16,200 AED |
Accounts Receivable Manager | 22,000 AED |
Accounts Receivable Team Leader | 15,800 AED |
Algorithmic Trading Specialist | 19,600 AED |
Assistant Accountant | 8,130 AED |
Assistant Accounting Manager | 22,400 AED |
Assistant Auditor | 10,300 AED |
Assistant Corporate Controller | 15,900 AED |
Assistant Finance Manager | 25,300 AED |
Assistant Financial Controller | 15,500 AED |
Audit Director | 26,300 AED |
Audit Supervisor | 21,200 AED |
Auditing Clerk | 8,250 AED |
Auditing Manager | 24,500 AED |
Billing Clerk | 7,940 AED |
Billing Coordinator | 10,000 AED |
Billing Specialist | 11,700 AED |
Billing Supervisor | 17,200 AED |
Bookkeeper | 6,720 AED |
Bookkeeping Specialist | 10,700 AED |
Budget Analyst | 20,500 AED |
Budget Manager | 23,200 AED |
Business Support Analyst | 11,800 AED |
Capital Markets Associate | 16,400 AED |
Cash Flow Analyst | 17,000 AED |
Cash Management Manager | 23,300 AED |
Cash Management Officer | 13,200 AED |
Cashbook Clerk | 6,760 AED |
Chartered Accountant | 13,800 AED |
Chief Accountant | 17,000 AED |
Chief Financial Technology Officer | 23,900 AED |
Collections Clerk | 6,330 AED |
Collections Representative | 9,140 AED |
Collections Specialist | 11,100 AED |
Corporate Controller | 17,400 AED |
Corporate Treasurer | 22,100 AED |
Cost Accountant | 10,800 AED |
Cost Accounting Manager | 23,600 AED |
Cost Accounting Supervisor | 18,000 AED |
Cost Analyst | 17,300 AED |
Credit and Collection Manager | 22,400 AED |
Credit and Collection Staff | 7,540 AED |
Credit and Loans Officer | 7,250 AED |
Credit Controller | 15,300 AED |
Credit Manager | 24,300 AED |
Debt Adviser | 19,000 AED |
Debt Collector | 8,700 AED |
Debtors Clerk | 6,880 AED |
Debtors Controller | 7,320 AED |
Deputy CFO | 33,000 AED |
Deputy Head of Finance | 31,400 AED |
Derivative Trader | 19,200 AED |
Director of Finance | 35,800 AED |
E-commerce Accountant | 11,000 AED |
Economist | 28,300 AED |
Equity Analyst | 19,600 AED |
Escrow Assistant | 9,800 AED |
Executive Accountant | 12,400 AED |
External Auditor | 16,400 AED |
Finance Administrator | 13,000 AED |
Finance Analyst | 21,600 AED |
Finance Associate | 9,510 AED |
Finance Data Analyst | 17,500 AED |
Finance Director | 33,400 AED |
Finance Executive | 25,600 AED |
Finance Licensing Clerk | 7,690 AED |
Finance Licensing Manager | 21,300 AED |
Finance Licensing Specialist | 11,800 AED |
Finance Manager | 32,500 AED |
Finance Officer | 9,930 AED |
Finance President | 36,500 AED |
Finance Relationship Manager | 25,800 AED |
Finance Release Analyst | 12,800 AED |
Finance Specialist | 19,100 AED |
Finance Team Leader | 25,500 AED |
Financial Accountant | 10,300 AED |
Financial Actuary | 17,600 AED |
Financial Administrator | 18,800 AED |
Financial Advisor | 21,600 AED |
Financial Analyst | 20,500 AED |
Financial Applications Specialist | 13,700 AED |
Financial Assistant | 8,510 AED |
Financial Associate | 8,190 AED |
Financial Associate | 9,870 AED |
Financial Claims Analyst | 15,100 AED |
Financial Claims Manager | 21,000 AED |
Financial Claims Supervisor | 18,000 AED |
Financial Clerk | 7,680 AED |
Financial Commercial Analyst | 16,200 AED |
Financial Compliance Analyst | 18,600 AED |
Financial Compliance Officer | 17,600 AED |
Financial Consultant | 14,600 AED |
Financial Controller | 18,500 AED |
Financial Controller | 18,800 AED |
Financial Coordinator | 9,550 AED |
Financial Customer Service Manager | 21,700 AED |
Financial Data Scientist | 21,500 AED |
Financial Dealer and Broker | 11,400 AED |
Financial Director | 33,800 AED |
Financial Encoder | 8,580 AED |
Financial Manager | 34,100 AED |
Financial Manager | 31,400 AED |
Financial Modelling Analyst | 21,300 AED |
Financial Operations Manager | 30,400 AED |
Financial Policy Analyst | 18,000 AED |
Financial Project Manager | 24,600 AED |
Financial Quantitative Analyst | 19,600 AED |
Financial Reporting Consultant | 15,900 AED |
Financial Reporting Manager | 22,600 AED |
Financial Section Head | 22,300 AED |
Financial Services Manager | 28,600 AED |
Financial Services Sales Agent | 11,500 AED |
Financial Technology Consultant | 17,100 AED |
Financial Wellness Coach | 23,400 AED |
FinTech Analyst | 19,900 AED |
Fixed Assets Administrator | 11,500 AED |
Forensic Accountant | 12,300 AED |
Fraud Detection Supervisor | 13,100 AED |
Fraud Prevention Manager | 23,300 AED |
Fund Accountant | 10,400 AED |
Grants Coordinator | 7,840 AED |
Green Finance Analyst | 17,800 AED |
Group Financial Manager | 34,100 AED |
Internal Auditor | 14,500 AED |
Internal Control Adviser | 17,100 AED |
Internal Control Officer | 9,080 AED |
International Tax Director | 28,000 AED |
Inventory Accountant | 10,900 AED |
Investment Advisor | 32,700 AED |
Investment Analyst | 22,000 AED |
Investment Associate | 19,400 AED |
Investment Broker | 19,000 AED |
Investment Fund Manager | 27,000 AED |
Investment Operations Manager | 26,400 AED |
Investment Underwriter | 8,650 AED |
Investor | 14,800 AED |
Investor Relations Manager | 22,200 AED |
KYC Team Leader | 22,800 AED |
Loan Processor | 8,950 AED |
Management Accountant | 12,200 AED |
Management Economist | 25,900 AED |
Paymaster | 8,410 AED |
Payroll Administrator | 15,000 AED |
Payroll Benefits Coordinator | 11,800 AED |
Payroll Billing Manager | 21,000 AED |
Payroll Clerk | 9,640 AED |
Payroll Manager | 20,400 AED |
Payroll Officer | 9,470 AED |
Payroll Specialist | 10,800 AED |
Payroll Supervisor | 14,200 AED |
Pensions Administrator | 11,000 AED |
Personal Financial Advisor | 16,500 AED |
Pricing Analyst | 18,400 AED |
Private Equity Analyst | 19,700 AED |
Project Accountant | 11,800 AED |
Proposal Development Coordinator | 9,000 AED |
Quantitative Trader | 15,400 AED |
Receivables Accountant | 10,300 AED |
Regulatory Accountant | 11,800 AED |
Retirement Plan Analyst | 17,400 AED |
Revenue Management Specialist | 18,600 AED |
Revenue Recognition Analyst | 21,400 AED |
Risk Management Director | 28,100 AED |
Risk Management Supervisor | 23,500 AED |
Staff Accountant | 10,400 AED |
Tax Accountant | 10,000 AED |
Tax Administrator | 12,400 AED |
Tax Advisor | 16,900 AED |
Tax Analyst | 17,300 AED |
Tax Associate | 9,110 AED |
Tax Consultant | 18,600 AED |
Tax Director | 25,700 AED |
Tax Examiner | 12,100 AED |
Tax Manager | 22,500 AED |
Tax Research Manager | 23,100 AED |
Teller | 5,850 AED |
Treasury Accountant | 11,400 AED |
Treasury Analyst | 18,500 AED |
Underwriter | 7,330 AED |
Underwriting Assistant | 6,310 AED |
Vice President of Finance | 31,000 AED |
Accounting and Finance Jobs Pay Scale and Salaries in Dubai
Share This Chart Get Chart Linkhttp://www.salaryexplorer.com/charts/united-arab-emirates/dubai/accounting-and-finance/median-and-salary-distribution-monthly-dubai-accounting-and-finance.jpg Salary Structure and Pay Scale Comparison
5% of people earn
16,500 AED or more
10% of people earn
13,800 to 16,500 AED
20% of people earn
7,700 AED or less
65% of people earn
7,700 to 13,800 AED
Minimum Salary 5,670 AED |
Median 14,300 AED |
Maximum 34,000 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 Dubai range from 5,670 AED (starting average salary) to 34,000 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 14,300 AED, implying that half of the workforce in Dubai 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 Dubai earn less than 10,900 AED, while 75% of them earn more. Additionally, the diagram reveals that 75% of individuals earn less than 17,600 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 Dubai. The analysis revealed that roughly 65% of all reported salaries fell within the range of 7,700 AED to 13,800 AED. Approximately 20% of salaries were below the 7,700 AED mark, while 10% ranged from 13,800 AED to 16,500 AED. Only 5% of individuals earned a gross salary of 16,500 AED or higher.
Salary Comparison by Years of Experience
How does a person's salary progress over time?
Share This Chart Get Chart Linkhttp://www.salaryexplorer.com/images/salary-by-experience.jpg 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 Dubai 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. ”
Salary Comparison By Education
How does the education level affect your salary?
Share This Chart Get Chart Linkhttp://www.salaryexplorer.com/images/salary-comparison-by-education.jpg 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 Dubai, 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 / Dubai
Share This Chart Get Chart Linkhttp://www.salaryexplorer.com/charts/united-arab-emirates/accounting-and-finance/salary-comparison-by-gender-monthly-united-arab-emirates-accounting-and-finance.jpg 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
Share This Chart Get Chart Linkhttp://www.salaryexplorer.com/charts/united-arab-emirates/salary-comparison-by-gender-monthly-united-arab-emirates.jpg
Average Annual Salary Increment Percentage / Accounting and Finance / Dubai
How much are annual salary increments in Dubai 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.
Share This Chart Get Chart Linkhttp://www.salaryexplorer.com/charts/united-arab-emirates/accounting-and-finance/annual-salary-increment-rate-united-arab-emirates-accounting-and-finance.jpg 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
Share This Chart Get Chart Linkhttp://www.salaryexplorer.com/charts/united-arab-emirates/annual-salary-increment-rate-united-arab-emirates.jpg 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
Share This Chart Get Chart Linkhttp://www.salaryexplorer.com/images/salary-increment-world.jpg 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?Share This Chart Get Chart Linkhttp://www.salaryexplorer.com/charts/united-arab-emirates/accounting-and-finance/annual-salary-bonus-rate-united-arab-emirates-accounting-and-finance.jpg
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 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: 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 / Dubai
94 AED
per hour The average hourly wage (pay per hour) in Accounting and Finance in Dubai is 94 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 Dubai is 33 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
Abu Dhabi | 15,900 AED |
Ajman | 14,600 AED |
Al Ain | 15,000 AED |
Dubai | 16,300 AED |
Fujairah | 13,700 AED |
Ras Al Khaimah | 14,200 AED |
Sharjah | 15,500 AED |
Um Al Quiwain | 13,300 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 Dubai?
A good and competitive compensation would range anywhere between 14,300 AED and 17,600 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 Dubai ranges from 5,670 AED to 10,900 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