Rajesh Pathak Jan 25, 2024
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A Comprehensive Guide to Accounting Salaries and How to Boost Yours

For businesses with reliable information to establish plans and make management decisions, accountants keep and analyse financial records and data. Tax returns for individuals are also frequently prepared by accountants. The average pay for an Accountant is AED 241,324 a year in the United Arab Emirates.

The amount of money you’ll make as an accountant depends on where you live. The ten largest cities in the field with the highest yearly median earnings are mostly on the East and West coasts and are typically found in heavily populated regions. There are several other variables besides geography that can affect your compensation. You should think about how they will impact your career in the long run.

Public accounting is typically the first career that comes to mind when people consider their options. Cost accounting is the other accounting career. Cost accountants are crucial in assisting businesses with cost management and profit enhancement. There are, however, a lot of different accounting job options to take into mind. Here is what you should know if you want to pursue a profession in accounting. 

Check Out: Advantages of an Accounting Career

What Can Affect Your Salary Structure? 

When looking at potential careers, weighing all the factors that could affect your salary structure is important. No job can be more future-proof than a career in accountancy, plus the accounting field paves the pathway to endless opportunities. But a few key things can impact your earning potential like in any other profession. A number of factors determine your salary structure in accounting, and these include;

  • Education
  • Experience
  • Certifications
  • Workplace
  • Education

Your education will affect which jobs you qualify for and, consequently, what you will earn. For instance, an associate degree can help you get hired as a bookkeeper or accounting clerk with a higher annual salary. The more qualified and the higher your salary will be. This is because employers are willing to pay more for someone with the skills and knowledge to do the job well.

  • Experience

Higher pay is frequently given to accountants with more experience. Along with seniority, continuing education classes can improve your compensation and help you become eligible for a promotion into management or leadership.

  • Certifications

Accounting is a field that is always in high demand, and certified accountants often earn significantly more than their non-certified counterparts. In addition, pursuing a certification in Accounting can open up new opportunities for advancement and growth within an organisation. So, obtaining financial accounting training can help you climb the career ladder. 

  • Workplace

A small, family-operated business will likely have a different salary structure than a large, publicly traded corporation. The workplace and the industry you work for will directly affect how much you are paid. For example, tech startups are known for offering high salaries and generous stock options to attract top talent, regardless of their number of employees. The size of the company may also affect your benefits package. That is, Accountant executives at large companies tend to earn more than their counterparts at smaller businesses. 

Also Check Out: Highest Paying Jobs in Finance

Career Outlook in Accounting

According to the poll, the number of Accounting jobs will increase by 7% from 2020 to 2030. Demand may be exceptionally high in technology and international trade. According to studies, globalisation will call for accountants with experience in international business and areas like mergers and acquisitions. Due to complex tax rules and regulations, the demand for accountants is increasing. In addition, accounting is a well-paid profession. Accountants typically earn salaries that are above average, and there is potential for earning even more through promotions and bonuses. Let us briefly examine the top careers in accounting and their salaries. 

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Top Careers in Accounting

Regarding accounting, there are a variety of top careers that you can pursue. Here are a few of the most popular options:

  • Auditor: an auditor is responsible for examining financial statements and Ensuring accuracy and compliance with applicable laws. To do this, an Auditor must have strong analytical and mathematical skills. The average salary for an Auditor in the UAE is AED 9,000 per month.
  • Budget Analyst: A Budget Analyst is responsible for a company’s financial planning and management. They develop, monitor and report on the budget to ensure that the organisation remains within its means. Budget Analysts also advise on how to save money and improve financial efficiency. The average salary for Budget Analysts in the UAE is AED 12,000 per month.
  • Forensic Accountant: Forensic accountants use their skills in accounting and auditing to investigate white-collar crimes such as embezzlement, money laundering, and fraud. They may work for government agencies, law firms, or accounting firms. Forensic accountants typically earn a very high salary due to the nature of their work. In the UAE, Forensic accountants can expect to earn an average salary of upwards of AED 400,000 per year. 
  • Personal Financial Advisors: Personal financial advisors guide investments, insurance, mortgages, college savings, estate planning, taxes, and retirement to help individuals manage their finances. Personal financial advisors typically work for banks, insurance companies, or investment firms. They may also work for accounting firms or as independent consultants. Personal financial advisors in the United Arab Emirates earn a median annual salary of AED 120,000. 
  • Financial Managers: Financial managers are responsible for the management of financial resources and for providing financial advice and guidance to decision-makers. Financial managers usually work in banks, insurance companies, accounting firms, and other businesses and handle the financial affairs of their organisation. Getting a certification in accounting for managers can help in pursuing a career in the same. In the UAE, financial managers earn between AED 20,000 and AED 30,000 per month. 
  • Chief Financial Officers (CFO): Chief financial officers (CFOs) play a vital role in organisations’ financial management. In the UAE, they oversee their company’s economic activities and ensure that it complies with all applicable laws and regulations. CFOs also develop and implement strategies to maximise their organisation’s financial resources. They work closely with other senior management members to ensure that the organisation’s finances are managed to achieve its objectives. The average salary of a CFO in the UAE is approximately AED 1 million per year.

Also, Read; Top 10 Accounting Skills You Need to Know

Major Duties of an Accountant

  • Helping to create accounting and budgeting policies.
  • Preparing financial statements to be presented to management, boards of directors, shareholders, and governing and statutory bodies.
  • Conducting financial investigations, writing reports, doing audits, and providing advice on business purchases and sales, mergers, capital financing, suspected fraud, insolvency, and taxation.
  • Examining operating expenses as well as organisations’ revenue and spending.
  • Giving assurance of the truthfulness of the data in financial reports and their adherence to legislative requirements.
  • Provide financial and tax guidance regarding business ideas, structures, and operations.
  • Creating tax returns for both individuals and businesses.
  • Coordinating with brokers and financial institutions to set up money management arrangements.
  • Establishing and maintaining accounting systems as well as offering guidance on the use of computer-based accounting systems.
  • Keeping internal control systems up to date. 

Also Read: Top Skills Required for a Finance Professionals


An accounting career path is a fantastic option for those who desire to work in an analytical and economic profession. Accountants can specialise in particular industries like healthcare or manufacturing while learning about finance, budgeting, forecasting, sourcing, buying management, and more. Earning a certification is the best way to begin on this career path before looking for entry-level jobs with organisations that might provide you with training opportunities. 

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Accounting Certification Courses Offered by Edoxi in the Middle East

Explore the  Accounting Certification Courses Offered By Edoxi Training Institute in various countries and locations in the Middle East.

Country UAE Qatar
Course Location Dubai Doha

IT Trainer

Rajesh is a Microsoft certified trainer with more than five years of experience. He plays a vital role in streamlining our enterprise software training programs. As a continuous learner with an unrelenting drive to refresh his IT skills, Rajesh always keeps an eye on the latest software releases.

His adaptable approach to learning navigates the efforts of his students in the right direction, leveraging maximum results with efficiency. Moreover, he is enthusiastic about nurturing the students' skills in a collaborative learning environment. 

He has helped hundreds of professionals hone their skills in Microsoft Office Suite, Tally, Advanced Excel Formulas, VBA, Busy Accounting Suite, Quickbooks, Power B I, and Zoho Books. In addition, he has the expertise in training individuals from global institutions like Parul University, Techno India University, GD Goenka University and Sharda University.