UAE is one of the most favorite job destinations for people from many countries, especially from Asia and Africa. Dubai, one of the world’s most flourishing cities is a good employment hub of the world. Workers from India, Pakistan, African countries, Philippines and many other countries migrate temporarily to UAE emirates for employment and better pay comparing to their homeland. The immigration laws are also pretty easy and Indians form a sizable chunk of more than one third of the total population of the UAE.
As thousands of skilled workers, technicians, medical professionals and nurses are employed in Dubai, many Chartered Accountants from India are also employed there and find better financial fortunes.
Salary for CA Indians in UAE
CA salary in UAE is very lucrative as it is in the matter of other professionals like medical and engineering graduates. Normally, a fresh CA may get around AED 8000 to AED 10,000 per month in most of the mid-sized companies. Though, MNCs are known to pay more than this. Many people complained in a forum that according to some people working in UAE, the salary of a fresh CA is AED 5000, which is completely false. If somebody’s offering you AED 5000 per month, he is making a fool of you. AED 5000 is offered to a B COM graduate in this country. Furthermore, you can’t live a decent life in Dubai in less than AED 15,000 per month at present. Less than that is just survival.
If you have a minimum of 2 to 5 years’ relevant experience at a managerial profile as a chartered accountant, especially in the UAE, own a driving license and your age is between 40 to 50 years, you may get anything between AED 25,000 and AED 45,000 apart from other benefits. Various IT and mobile companies also offer a salary package in this range to CAs with experience in HR, finance and operations. Your total experience in this case should be between 5 to 10 years. A senior accountant, who should be a CA with 2 to 4 years of experience, may get a minimum of AED 10,000. The prerequisite for this job includes knowledge of ERP, an ability to manage accounts independently, preparing MIS reports and quarterly budget and posting, reconciling and verifying transactions.
The median salary for an Indian CA in UAE is AED 10,000. It is because of the existence of thousands of small trading companies and unorganized sector, where many CAs do accept a salary package of less than AED 7000.
A CA with a minimum of four years experience will get around AED 20,000, as the cost controller in a reputed multinational company, such as offshore deepwater drilling companies, oil exploration companies and trading companies. Health care benefits and annual ticket to the home country of the employee are included in additional benefits. For this position, an individual should be a qualified chartered accountant a CPA or a CMA. This is a supervisor’s position, which involves supervising, managing, training and evaluating performance of junior accountants.
An Indian chartered accountant with an experience of 3 to 6 years may get around AED 15,000+ standard benefits, as an assistant treasury manager. The candidate must have an international or UAE driving license. His job would be to assess, manage, monitor and plan cash utilization with maximum efficiency.