What Is Fresh Graduate Accountant Salary in Dubai?
First and foremost, Dubai is a country with expatriates who are professionals in accounting and finance. These expatriates have been able to fill vacant job roles within Dubai’s multinational corporations.
While we delve into the salary of an accountant in Dubai, it must be noted that a fresh graduate accountant with specific qualifications can easily negotiate on an attractive salary package.
In a bid to secure some of the best accountancy roles, the fresh graduate should have some experience in advisory roles and be an expert in the financial process.
Most of the employment companies prefer applicants with qualifications of ACA, CIMA, and ACCA. Furthermore, fluency in either English, Arabic, or even both is a highly demanded skill for the profession.
Working in Dubai
For those interested in working in Dubai, you must know lots of things about the country. Dubai is made up of seven emirates, namely:
•Ras Al Khaimah
•Umm Al Quwain, and finally;
Due to the tireless growth of the country over the last decades, working in the country will look quite impressive on any CV. The country is rich in its cultural heritage. It can be referred to as a place where tradition blends with modernity.
When it comes to business, the country’s primary language is English, and about eighty-five percent of its population come from other countries tried. This will make it easy for you to fit in.
There are lots of opportunities that are made available in this culturally diverse country. However, most of the jobs in this country are found in Dubai and Abu Dhabi.
Though the cost of living is on the high side in these two cities, you will, however, get your money’s worth since the standard of living here is world-class.
You must note that working and living in this region will have you exploring Islamic culture. However, you must avoid getting into trouble with their law as there are local customs and laws you must respect.
There are severe penalties attached if you break the laws. An example is a fact that there is a zero-tolerance policy when it comes to drugs and drunk driving. While dame sex marriage is illegal, relationships outside of marriage are considered illegal too.
If you have to consume alcohol, you will need to get a special license; also, women are to dress modestly when out in public. You must be aware that public displays of affection and swearing in public will have you arrested.
Do not fret, as you will be capable of adapting to these laws and customs. On the days you will not be at work, you can enjoy the red hot weather in summer and warmer days during the winter period.
There are sandy beaches to visit and cosmopolitan landmarks like the Burj Khalifa, the tallest building in the globe, and the Dubai Mall.
Read Also: Top Ten Fresh Graduate Questions and Answers during Interview
Salary of an Accountant In Dubai
It must be noted that an accountant’s salary in Dubai depends on the company’s size. The huge companies are far more generous in offering a high salary while the smaller companies will negotiate on low pays.
Bear in mind that a person working as an accountant in Dubai will normally earn roughly AED13400 monthly as the salaries range between AED6440 as the lowest and AED21100 as the highest.
Note that the aforementioned is the average monthly salary, including transport, housing, and some other benefits. The salaries of accountants differ drastically based on gender, skills, location, and experience.
The chief accountant can earn up to $135000 in small companies due to the current rise in start-ups, but in larger organizations, the chief accountant can earn roughly $140000.
In medium and small establishments, the management accountant earns up to $79300 while the huge companies pay $75300. Fresh graduates with less than five years of experience can be offered between $61400 and $99400.
Nevertheless, a fresh graduate will be paid higher wages if they go with larger organizations.
When it comes down to accounting roles, the exponential employers provide training and other remuneration packages. About forty-one percent of the organizations provide attractive additional packages alongside the salary.
Also, they have flexible working hours as an extra benefit to these roles. When it comes to entry-level roles, the salary attached to the job roles are:
•The general ledger accountant gets paid $1625
•The accounts payable gets paid $15888
•The financial reporter gets paid $16494
•The Accounts receivable gets paid $15879
If you are a fresh graduate accountant and thinking of getting an accounting job in Dubai, it is vital to know some of the things that affect accountants’ salaries.
Some of these things include:
•The size of the company
•Your skills, and;
Though factors affect the salary of accountants in Dubai, you will always find a good salary package irrespective of whether it is a small or big organization. If you have the experience or skills, you will not find it difficult to get an accountant job in the Dubai job market.
Bear in mind that Dubai has a highly thriving expatriate community to assist you in feeling at home. The country also has a subtropical climate and salaries that are tax-free.
Getting A Job in Dubai From Nigeria
It is vital to note that moving to Dubai is a huge cost and living there is not so cheap.
Nevertheless, getting a job in Dubai from Nigeria will require that you invest your cash and time in applying to companies with job openings and are offering these roles to international applicants and residents.
Some of the sites to search for these jobs include:
•Gulf jobs, gulf job sites
You are to ensure that you verify the genuineness of the company before you apply. To do this, you can pay a visit to the Dubai Department of Economic development to check for the licensure of the organization.
More so, you are to do the needful by providing the potential employer with the necessary data and peripheral details. Do not delay in asking for your employment letter from the employer once you are approved.
Immediately your employment letter is granted, the employer will begin making plans for your employment visa application process is started immediately.
At this point, you will need to patiently wait for the employer to be through the completion and submission of the application for your Dubai employment visa sponsorship.
Note that paying for the employment visa and other processing fees will be on the employer. Once all of these are done, you will be contacted by the UAE immigration department. They will be contacting you for verification purposes.
This is why you must supply the employer with correct information. As a part of the three fundamental requirements for obtaining a Dubai work visa, you are to have a health card.
You will go through a medical examination that entails chest x-ray and blood tests. Note that you will also visit the Dubai ministry of labor office to submit the necessary documents to give you your labor card.
The third part of the three fundamental requirements for acquiring a Dubai work visa is your residence visa. Here, you will be paying a visit to the Dubai General Directorate of Residency and foreign affairs.
In there, you will complete the adequate requirements for working in the country.
Before you decide to travel to Dubai for work, you should purchase some good books about the Middle East, especially those who have never worked there before.
Though there are many available jobs in Dubai, you should always carry out your research about the country.
We have provided you with some of the businesses you can start as a fresh graduate. As a business-minded person, there are lots of room for you to experience your business ideas, however, it will take a unique person to be a successful entrepreneur.
If you are looking for the ideal business to begin as a fresh graduate, you are reading the ideal article that will help your career.
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