International professionals who require visa sponsorship in their professions have the most promising career prospects in Dubai’s finance sector. Dubai, the financial center of the Middle East, is experiencing a surge in demand for a variety of finance professionals due to the ongoing development of its financial sector. The following are the essential details of finance jobs in Dubai that require visa sponsorship: job requirements, benefits, typical responsibilities, salary ranges, types of finance roles, and suggestions for applying.
Check Also: Visa Sponsorship Driver Jobs in Dubai – Apply Now
Details of Finance Jobs in Dubai with Visa Sponsorship
- Job Title: Finance Professional (e.g., Financial Analyst, Accountant, Finance Manager, Investment Banker, Financial Consultant)
- Location: Primarily in Dubai
- Employment Type: Full-time positions
- Visa Sponsorship: Offered by many employers for qualified international candidates
Why Finance Jobs in Dubai?
The high demand for international talent, the tax-free income, and the vibrant lifestyle in Dubai make it an ideal destination for finance professionals. In Dubai, skilled workers are employed by all multinational companies, banks, investment companies, and consultancies to assist in the development and operations of these entities. The majority of finance positions offer visa sponsorship, which enables qualified international professionals to operate legally in the UAE.
Requirements for Finance Jobs in Dubai
- Education: Finance, accounting, business, and economics are the most frequently selected disciplines, with some employers favoring an MBA or Master’s degree.
- Certification: CFA, ACCA, CIMA, or CPA, which is in high demand and enhances competitiveness
- Work Experience: Dubai employers emphasize prior experience in finance; typically, three years or more of senior-level experience is required.
- Technical Skills: Proficiency in ERP systems and financial analysis software, as well as advanced spreadsheet capabilities.
- Language Proficiency: Fluency in English is mandatory. In the case of Arabic speakers, it will be preferred, but it is not mandatory.
Benefits of Finance Jobs in Dubai with Visa Sponsorship
- Employment Security and Residence: A sponsored visa enables you to legally reside and work in Dubai, thereby ensuring peace of mind and stability. It also typically involves residency for the duration of your employment contract, which simplifies the process of residing and working in the UAE.
- Tax-Free Income: Dubai does not impose a personal income tax, which means that you are entitled to receive your entire salary without any deductions for federal or state taxes. This tax-free structure is highly advantageous for finance professionals and contributes to a higher savings rate.
- Medical Insurance Coverage: The majority of employers in Dubai include health insurance as part of the visa sponsorship bundle. This insurance covers medical expenses for employees and, in some cases, their dependents, thereby ensuring comprehensive healthcare.
- Dependent Sponsorship: In many instances, it is possible to sponsor family members (spouse, children, and, in certain circumstances, parents) to accompany you to Dubai with a work visa. expatriates are able to more easily establish themselves and concentrate on their professions as a result of this family-friendly benefit.
- Housing Allowance or Accommodation: Numerous finance positions in Dubai provide supplementary compensation, including housing or accommodation allowances. This substantially decreases the cost of living, particularly in urban areas where rent can be substantially elevated.
- Annual Airfare Allowance: Sponsored visa packages frequently include an annual airfare allowance for employees to return to their country of origin. This benefit is particularly advantageous for expatriates who wish to visit their family or take vacations abroad.
- Gratuity and End-of-Service Benefits: Dubai mandates that employers provide a gratuity at the conclusion of their employment, which is comparable to a retirement fund. This benefit can be a substantial bonus upon leaving the employment and increases with the number of years of service.
- Career Development and Networking: Dubai is a global financial center that provides substantial exposure to international markets, multinational corporations, and global finance networks. Visa sponsorship provides finance professionals with access to these opportunities and increases their potential for career growth.
- Education Allowance: Certain finance positions provide education allowances to employees’ offspring, which may cover a portion or the entire cost of their education. This can be a valuable benefit, as education expenses in Dubai can be quite high.
- Professional Development Opportunities: Numerous organizations in Dubai provide visa holders with the opportunity to pursue additional education, certifications, or training in order to improve their capabilities. This is especially advantageous for finance professionals who wish to remain informed about industry developments.
Duties
- Financial Planning and Analysis: This process involves the evaluation of a company’s financial status and the estimation of the cost of all expenses.
- Compliance and Reporting: This encompasses the accurate representation of the financial statements and adherence to regional regulations.
- Risk Management: It identifies the various types of financial risks that an organization may face and ensures that they are addressed to prevent the potential loss or expansion of risks.
- Investment Advisory: Financial consulting services that assist clients or businesses in optimizing asset management or increasing profit margins.
- Budgeting and Cost Management: The process of managing costs at the organizational level in order to achieve financial objectives.
Salaries
- Financial Analyst: AED 120,000 – AED 200,000
- Accountant: AED 80,000- AED 150,000
- Finance Manager: AED 180,000 -AED 300,000
- Investment Banker: AED 300,000-AED 600,000
- Financial Consultant: AED 150,000 – AED 250,000
Types of Jobs
Accountant: An accountant is responsible for the management of accounts, audits, and all matters associated with the enforcement of laws. Qualifications such as ACCA or CPA are highly advantageous, although IFRS and local tax regulations may also be applicable.
Investment Banker: Investment banks provide assistance to companies in connection with their most significant transactions, particularly mergers and acquisitions. It is primarily conducted by the most prestigious financial institutions and is quite costly.Submit your application immediately.
Finance Managers are responsible for overseeing and directing the financial operations of an organization to ensure that financial planning is conducted in accordance with the organization’s business objectives. Jobs encompass the following: leadership in teams, budgeting, and reporting.Submit your application immediately.
Financial Consultant: They will provide guidance on wealth management and investments, as well as participate in financial planning. These positions necessitate extensive analytical work and effective communication, particularly when the clients have a high net worth.Submit your application immediately.
How to Apply for Finance Jobs in Dubai with Visa Sponsorship?
- Target Companies that Sponsor Visas: The most likely opportunities for professionals in Dubai to secure a visa sponsorship are provided by the largest companies, banks, and investment houses. The utilization of professional networks and job portals: In Dubai, finance positions can be identified through LinkedIn, GulfTalent, Bayt, and Naukrigulf. LinkedIn or industry events are viable options for networking.
- Customize the resume to the specific employment by highlighting your qualifications, certifications, and experience in the role. Be sure to emphasize any international experience for any of the aforementioned positions, as it is always advantageous in Dubai-based positions.
- Preparation for pre-visa sponsorship: If your position is visa-sponsored, it is probable that your employer will oversee the employment visa process in the UAE. Prepare by ensuring that you have all necessary work experience documents, certificates, and degree certificates.
- Follow-up: If you have been in contact with a recruiter or recruiting manager after submitting your application, it is advisable to follow up via email or LinkedIn to discuss your interest levels.
Frequently Asked Questions:
-
Is finance in demand in Dubai
Therefore, the demand for skilled finance professionals is at an all-time high in the KSA and UAE job market.
-
How much does finance pay in Dubai?
The highest salary for an entry-level finance position in Dubai, United Arab Emirates, is AED 4,144 per month. The lowest salary for an entry-level finance position in Dubai, United Arab Emirates, is AED 3,880 per month.
-
What does finance do?
Finance is concerned with the art and science of managing money. The finance discipline considers how business firms raise, spend, and invest money and how individuals divide their limited financial resources to achieve personal and family goals.
