Career Advice Detail Gulf

Accounting and Finance

Job Opportunities:

Despite a 2016 report of 17% and 7% drop in advertised jobs in the banking and finance sector and the accounting and finance sector respectively, the demand for accounting, tax, and finance employees is expected to rise exponentially in the second half of 2016 and all of 2017 with the UAE’s new implementation of VAT. This implementation will have a big effect on the entire supply chain of businesses, which means a high increase of finance and accounting related job openings in the next 18 months.

Source: http://gulfnews.com/business/economy/vat-to-open-up-employment-opportunities-in-uae-1.1854388

Dubai International Financial Centre: It is vital for graduates looking for jobs in Accounting, Finance or Banking to look through the DIFC company directory. On this page is a full updated list of companies and branches located in DIFC with active links to the companies’ websites on which job vacancies would be advertised.　

www.difc.ae/public-register

Accounting Jobs:　

Accountants: Provide financial information to management by researching and analyzing accounting data and preparing reports.

Auditors: Protects assets by ensuring compliance with internal control procedures, and regulations.

Bookkeepers: maintain records of financial transactions by establishing accounts; posting transactions; ensure legal requirements compliance.

Billing specialists: Obtains revenue by determining charges and forwarding invoices.

Banking and Finance Jobs:

Financial analysts: Analyzes financial status by collecting, monitoring, and studying data and recommending actions.

Relationship manager: fostering and maintaining a solid business relationship with commercial businesses and individuals with very high net worth.

Teller: Serves customers by completing account transactions.

Telemarketer: solicit orders for merchandise or services by identifying prospects;　telephoning customers; persuade customers buy services.

Financial Advisor: helping the working population with their personal financial goals and creating personal wealth.

http://dubaiemploymenttips.com/banking-finance-jobs/
 

Advice:

Entering the accounting and finance sector in the UAE is becoming more and more competitive by the second. With an in surge of graduates entering the job field every summer, it is beneficial to have specialised knowledge of certain tasks and roles within the field in order to be a step above the competition.

The annual training programs offered at the Emirates Institute for Banking and Financial Studies are a good way of attaining specialist skills. Campuses in Dubai, Sharjah and Abu Dhabi offer flexibility, so the course can be taken alongside work.

Website: http://eibfs.ae/eibfs.training/training-programs/annual-training-programs/
 

Useful Links:

Bayt:

http://www.bayt.com/en/uae/jobs/roles/accounting-banking-finance/?aff_id=1471267

Dubizzle:

http://dubai.dubizzle.com/jobs/bankfinance

Gulf News Careers:

http://www.gnads4u.com/jobs/Banking-Finance/UAE-Dubai/-/Available/0/50000

Indeed:

http://www.indeed.ae/Bank-jobs-in-Dubai

NaukriGulf:

http://www.naukrigulf.com/banking-financial-services-jobs-in-dubai

CareerJet:

http://www.careerjet.ae/jobs-banking-financial-services/dubai-123161.html?affid=24ccd54d8eff3fe86ecb728c01560075

Gulf Talent:

http://www.gulftalent.com

Monster:

http://finance.monstergulf.com/finance-jobs-dubai.html

eFinancial Careers:

http://jobs.efinancialcareers-gulf.com/UAE-Dubai.htm
 

Getting Certified:　

"Getting widely recognized certifications can get you the job, help you to retain that job during layoffs, increase the marketability of your skill sets and provide professional credibility for you and your firm in a highly competitive marketplace. Human resource managers and prospective clients see the time, money and effort to acquire certifications as a testament to an individual's commitment to succeed in a particular profession. That demonstration of commitment and a universally recognized certification often can serve as the tiebreaker between two qualified candidates for a job."

Source: http://www.investopedia.com/articles/professionaleducation/09/accounting-finance-certifications.asp

The CFA Program is a globally recognized, graduate level curriculum that provides a strong foundation of real-world investment analysis and portfolio management skills. The program bridges current industry practice and investment theory, while emphasizing the highest ethical and professional standards and maintaining a focus on the global investment management profession.

https://courses.laimoon.com/course/chartered-financial-analyst-1

ACCA is the global body of professional accountants and their qualifications are globally recongised and accepted. In the UAE, ACCA works in partnership with the national accountancy body of the UAE – AAA – to provide aspiring professional accountants an opportunity to gain global and local recognition with dual membership of ACCA and AAA.

https://courses.laimoon.com/course/acca-11