Accounting Jobs in Dubai

Dubai offers accounting job employment opportunities for local as well as foreign nationals. Priorities are applicants who are board passers – those bearing the title Certified Public Accountant (CPA), especially one of US standard. Having a Master’s Degree is an advantage that comes with more job opportunities. Non-CPAs who are graduates of a degree in Bachelor of Science in Commerce or Business and Finance major in Accounting may also be considered but only for lower level jobs. The competitive nature of companies operating in the UAE demands competitive performance which necessitates excellent qualifications of their hired professionals.

 

The career prospects of a CPA are promising in Dubai because of the opportunities offered by big companies. Dubai offers a tax-free environment for salary earners along with benefits to attract foreign workers who are highly qualified for available work. There is room for growth for those who exhibit high performance with quality output. As big companies increase in number and as Dubai continues to grow, so do accounting job opportunities.

 

The quality of life in Dubai and the tax-free salary package do not only attract highly skilled professionals from around the globe but also foreign investors to set up their companies, accounting firms among these. Foreign companies representing various industries choose to locate in Dubai because of its state-of-the-art infrastructure and the attractive business incentives which the UAE government offers them. Dubai has grown to become a major financial services and accounting outsourcing locality and has created outsourcing zones for captive and third-party outsourcing operations such as Dubai Outsource Zone which is a member of TECOM Investment. These outsourcing investments lead to enhanced availability of job openings in the accounting sector.

 

 

The accounting industry provides accounting services such as of financial data analysis and reporting, budget analysis and financial and investment planning, as well as design of a company's internal control system. The employees in this sector are responsible for the conduct, preparation, analysis and verification of data, also of the task of communicating financial information to concerned individuals, companies, and the government sector to produce good output. Every detail of information, most especially numeric data, is very important in the accounting task. In accounting, any anticipation and error of data entry will cause the whole work to be rejected, that is why this industry requires highly qualified individuals to occupy vacant positions. Thus, the desirable candidate for an accounting job is one who is meticulous and patient with numbers and who puts a premium on precision and data verification.

 

 

Accounting work bears different position titles from which you can choose based on your field of work experience, educational background, and your capacity to do such work. Some of these are: accounting staff, accountant, bookkeeper, corporate accountant, assistant accountant, finance manager, finance officer, executive marketing analyst, marketing director, manager of product marketing, sales and marketing manager, and more. Among the deliverables of a company accountant as the following: financial statements, assessment control reports (including risk assessment and review), sub-ledger to general ledger account balances reconciliation report, monthly balance sheet, income statement, cash flow and statement of recognized gain and loss, fixed assets register maintenance and reconciliation, strategic business planning and analysis, monthly closing of accounts report, consolidation of subsidiaries accounts, inter-company and bank reconciliation reports, audit reports, accounts payables and receivables, cash-flow management and cash-flow reporting, payroll processing, debits and credits reconciliation to the general ledger, and many others. These responsibilities vary depending on the nature of business and performance of the company.

 

 

The rapid growth of overall commercial business in Dubai as well as positive developments in the financial services industry have spurred an increase in the demand for accountants and auditors to fill in different positions.

 

 

Dubai encourages nationals and expatriates from all over the world to participate in its accounting services industry and experience the Dubai’s lifestyle.