Visa Sponsorship Finance Jobs in Dubai 2024 – Apply Now
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.
Key Points
- Job Title: Visa Sponsorship Finance Jobs in DubaiBanker, 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
- 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.
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Benefits for Visa Sponsorship Finance Jobs in Dubai
- High Salaries: Finance positions in Dubai generally offer competitive salaries in comparison to many other global cities, notably for mid-level and senior positions. The salaries in sectors such as banking, investment, and corporate finance are among the highest in the region.
- Other Tax Benefits: Dubai’s favorable tax policies for businesses and individuals, in addition to its absence of income tax, render it an appealing destination for finance professionals who are interested in optimizing their earnings.
- Opportunities for Career Advancement: Dubai is home to numerous global financial institutions, such as international banks, wealth management firms, and investment companies. This offers exceptional prospects for career advancement, particularly for individuals who commence their careers in entry-level positions and advance through the ranks.
- Exposure to Global Markets: Dubai’s status as a financial center enables finance professionals to develop a global network and enhance their skill set by exposing them to international markets and clients in a dynamic environment.
- Cutting-Edge Financial Technologies: Dubai’s financial institutions are at the forefront of the adoption of new technologies in banking, fintech, and financial services, providing professionals with the opportunity to work with the most advanced tools and platforms.
- Diverse Workforce: Dubai’s financial sector is characterized by a diverse workforce of professionals from around the globe, which fosters an enriching work environment. This exposure to a variety of cultures and international business practices fosters professional development and networking opportunities.
- Learning Opportunities: Collaborating with individuals from diverse backgrounds can broaden your understanding of corporate governance, investment strategies, and financial markets, thereby enabling you to develop into a more comprehensive professional.
- Access to Industry Leaders: Dubai is home to a plethora of global finance conferences, seminars, and events that draw in entrepreneurs, investors, and industry leaders. These events provide finance professionals with exceptional opportunities to establish professional connections and network with influential figures.
- Industry-Specific organizations: Numerous finance professionals in Dubai are members of specialized organizations, such as those that concentrate on banking, investment, and accounting.
Duties
- Financial Planning and Analysis: It is the reporting and budgeting estimate of the cost of all expenses of a firm, and its financial standing is reviewed.
- Compliance and Reporting: It includes compliance with regional rules and proper representation of the financial statements.
- Risk Management: It discovers different kinds of financial risks present in an organization and ensures that they are dealt with so that no potential loss or growth of risks takes place.
- Investment Advisory: Financial consulting to help the client or any business to raise profit margins or the management of assets.
- Budgeting and Cost Management: Controlling the costs at the organizational level regarding financial targets.
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.
- 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.
- 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.
How to Apply For Finance Jobs in Dubai?
- 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 made contact with a recruiter or recruiting manager after submitting your application, follow up via email or LinkedIn to inform them of your interest levels.
Fraquality Asked Question:
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What is the salary of finance in Dubai?
The estimated total pay for a Finance is AED 11,500 per month in the Dubai, United Arab Emirates area, with an average salary of AED 10,000 per month. These numbers represent the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users.
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Is finance in demand in Dubai?
The finance industry in KSA and UAE is witnessing a growing demand for skilled professionals. Job seekers must equip themselves with the right finance skills to unlock many career opportunities in these regions.
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What is the most common job in finance?
Common career paths for finance majors include financial analysis and forecasting, portfolio management, and financial risk assessment and risk management.