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12 Financial Manager Jobs in Dubai – UAE – Salary $ 6000 Monthly

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Financial Manager Jobs in Dubai

Financial managers are responsible for the financial health of an organization.

Financial managers may also be known as financial analysts or business analysts.

A financial manager is responsible for providing financial advice and support to clients and colleagues to enable them to make sound business decisions.

They may be employed in many different environments including both public and private sector organisations, such as:

  • charities;
  • financial institutions;
  • general businesses;
  • manufacturing companies;
  • multinational corporations;
  • NHS trusts;
  • retailers;
  • universities.

Financial considerations are at the root of all major business decisions. Clear budgetary planning is essential for both the short and long term, and companies need to know the financial implications of any decision before proceeding.

In addition, care must be taken to ensure that financial practices are in line with all statutory legislation and regulations.

Financial , Manager
Financial Manager

Quick Facts: Financial Managers

2014 Median Pay              $115,320 per year

$55.44 per hour

Typical Entry-Level Education     Bachelor's degree

Work Experience in a Related Occupation             5 years or more

On-the-job Training        None

Number of Jobs, 2014    555,900

Job Outlook, 2014-24      7% (As fast as average)

Employment Change, 2014-24    37,700


What Financial Managers Do

Financial managers are responsible for the financial health of an organization. They produce financial reports, direct investment activities, and develop strategies and plans for the long-term financial goals of their organization.

Financial managers are responsible for the financial health of an organization. They produce financial reports, direct investment activities, and develop strategies and plans for the long-term financial goals of their organization.


Financial managers typically do the following:

  • Prepare financial statements, business activity reports, and forecasts
  • Monitor financial details to ensure that legal requirements are met
  • Supervise employees who do financial reporting and budgeting
  • Review company financial reports and seek ways to reduce costs
  • Analyze market trends to maximize profits and find expansion opportunities
  • Help management make financial decisions


The role of the financial manager, particularly in business, is changing in response to technological advances that have substantially reduced the amount of time it takes to produce financial reports. Financial managers’ main responsibility used to be monitoring a company’s finances, but they now do more data analysis and advise senior managers on ways to maximize profits. They often work on teams, acting as business advisors to top executives.


Financial managers also do tasks that are specific to their organization or industry. For example, government financial managers must be experts on government appropriations and budgeting processes, and healthcare financial managers must know about topics in healthcare finance. Moreover, financial managers must be knowledgeable about special tax laws and regulations that affect their industry.





The roles of financial managers can vary enormously. In larger companies for instance, the role is more concerned with strategic analysis, while in smaller organisations, a financial manager may be responsible for the collection and preparation of accounts.

In general, tasks across roles may include:

  • providing and interpreting financial information;
  • monitoring and interpreting cash flows and predicting future trends;
  • analysing change and advising accordingly;
  • formulating strategic and long-term business plans;
  • researching and reporting on factors influencing business performance;
  • analysing competitors and market trends;
  • developing financial management mechanisms that minimise financial risk;
  • conducting reviews and evaluations for cost-reduction opportunities;
  • managing a company's financial accounting, monitoring and reporting systems;
  • liaising with auditors to ensure annual monitoring is carried out;
  • developing external relationships with appropriate contacts, e.g. auditors, solicitors, bankers and statutory organisations such as the Inland Revenue;
  • producing accurate financial reports to specific deadlines;
  • managing budgets;
  • arranging new sources of finance for a company's debt facilities;
  • supervising staff;
  • keeping abreast of changes in financial regulations and legislation.


The following are examples of types of financial managers:

Chief financial officers (CFOs) are accountable for the accuracy of a company’s or organization’s financial reporting, especially among publicly traded companies. As head of a company’s entire financial department, they manage the lower level financial managers. They oversee the company’s financial goals, objectives, and budgets.


Controllers direct the preparation of financial reports that summarize and forecast the organization’s financial position, such as income statements, balance sheets, and analyses of future earnings or expenses. Controllers also are in charge of preparing special reports required by governmental agencies that regulate businesses. Often, controllers oversee the accounting, audit, and budget departments of their organization.


Treasurers and finance officers direct their organization’s budgets to meet its financial goals. They oversee the investment of funds and carry out strategies to raise capital (such as issuing stocks or bonds) to support the firm’s expansion. They also develop financial plans for mergers (two companies joining together) and acquisitions (one company buying another).


Credit managers oversee their firm’s credit business. They set credit-rating criteria, determine credit ceilings, and monitor the collections of past-due accounts.


Cash managers monitor and control the flow of cash that comes in and goes out of the company to meet the company’s business and investment needs. For example, they must project cash flow (amounts coming in and going out) to determine whether the company will have a shortage or surplus of cash.


Risk managers control financial risk by using strategies to limit or offset the probability of a financial loss or a company’s exposure to financial uncertainty. Among the risks they try to limit are those that stem from currency or commodity price changes.


Insurance managers decide how best to limit a company’s losses by obtaining insurance against risks, such as the need to make disability payments for an employee who gets hurt on the job or the costs imposed by a lawsuit against the company.



Work Environment

Financial managers work in many industries, including banks and insurance companies. Most financial managers work full time, and about 1 in 3 worked more than 40 hours per week.

Financial managers

Financial managers work closely with top managers and with departments that develop the data that financial managers need.


Financial managers held about 555,900 jobs in this year. The industries that employed the most financial managers were as follows:

Finance and insurance   29%

Management of companies and enterprises       12 %

Professional, scientific, and technical services     11%

Manufacturing 8%

Government      8%


Financial managers work closely with top executives and with departments that

develop the data financial managers need.

Working hours

Working hours are generally from 9am to 5pm, five days a week, with some flexibility possible. However, longer hours may be required depending on current deadlines and workload. Jobs within the City in particular can be highly pressured with long working hours. During the early years of your career, if undertaking professional study, you will need to factor extra working hours into your official working day.



How to Become a Financial Manager

Financial managers typically have a bachelor’s degree and 5 years or more of experience in another business or financial occupation, such as an accountant, auditor, securities sales agent, or financial analyst.

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Financial managers typically have a bachelor’s degree and 5 years or more of experience in another business or financial occupation, such as an accountant, securities sales agent, or financial analyst.



A bachelor's degree in finance, accounting, economics, or business administration is often the minimum education needed for financial managers. However, many employers now seek candidates with a master’s degree, preferably in business administration, finance, or economics. These academic programs help students develop analytical skills and learn financial analysis methods and software.



Although this area of work is open to all graduates, the following subjects may be particularly helpful and may entitle you to exemptions from some professional examinations:


accountancy and finance;





A relevant postgraduate course may be useful, but is not essential. In certain niche areas, specialised knowledge gained through a postgraduate programme may give you a competitive advantage. Graduate schemes in finance and related areas almost always require further study for professional qualifications. Search for postgraduate courses in financial management.


Entry into the profession is possible with A-levels (or equivalent) or an HND or HNC, generally by studying with an institutions such as the:


Association of Chartered Certified Accountants (ACCA)

Institute of Financial Accountants (IFA)

You can then proceed to professional accountancy training and work your way up to a management position. For more information see the Financial Skills Partnership (FSP) as well as ACCA and IFA.


Gaining membership with a professional organisation is useful as it shows your interest and commitment to the sector. Registration with professional bodies is open to individuals with A-levels (or equivalent) or above, such as HND/HNC, so you do not have to wait until you have graduated to join.


A variety of organisations offering finance graduate-training schemes, as well as accountancy professional bodies, hold presentations on campus and have stands at careers fairs where you can talk to representatives and recent graduate trainees in order to get an insight into the nature of the work and tips on what helped them to succeed.

Licenses, Certifications, and Registrations

Professional certification is not required, but some financial managers still get it to demonstrate a level of competence. The CFA Institute confers the Chartered Financial Analyst (CFA) certification to investment professionals who have at least a bachelor’s degree, 4 years of work experience, and pass three exams. The Association for Financial Professionals confers the Certified Treasury Professional credential to those who pass an exam and have a minimum of 2 years of relevant experience.


You will need to show evidence of the following:

  • commercial and business awareness;
  • excellent communication and presentation skills;
  • an analytical approach to work;
  • high numeracy and sound technical skills;
  • problem-solving skills and initiative;
  • negotiation skills and the ability to influence others;
  • strong attention to detail and an investigative nature;
  • the ability to balance the demands of work with study commitments;
  • good time management skills and the ability to prioritise;
  • the ability to work as part of a team and to build strong working relationships;
  • the capacity to make quick but rational decisions;
  • the potential to lead and motivate others;
  • good IT skills.

Work experience

Relevant work experience can be valuable and there are many opportunities available. Some employers run vacation placements or short, work experience taster courses. Early application is advised for these as competition can be strong.

Professional accountancy bodies also produce vacancy publications with details of traineeships. Many employers offer industrial placement years, which can be taken as part of a sandwich degree. Your university careers service and course tutors should be able to offer you support with finding these. It is worth approaching organisations directly for work experience even if they have not advertised placements.


Work Experience in a Related Occupation

Financial managers usually have experience in another business or financial occupation. For example, they may have worked as a loan officer, accountant, securities sales agent, or financial analyst.

In some cases, companies provide formal management training programs to help prepare highly motivated and skilled financial workers to become financial managers.

What to expect

  • It is common for employers to provide financial support for professional study, as well as study leave.
  • Jobs are available in most areas of the country, with the majority being in or near large towns and cities.
  • Self-employment is possible. Finance professionals sometimes work as consultants, but usually only after gaining significant experience within an organisation.
  • Career breaks are possible but, as with any profession, if you are considering re-entry you must keep up to date with developments.
  • Travel for work is likely, particularly if the company operates from a number of different sites, with overnight stays or periods away from home sometimes required.
  • Opportunities to travel and work abroad will depend on the size and nature of the organisation, its clients or customers, and whether it has overseas sites or international links.





Financial managers work in a variety of organisations, throughout all sectors of business, industry and commerce. Some may begin their training in firms of chartered or certified accountants, while others train in the public sector in a range of settings, such as:



health authorities;

local government;

other public organisations;

universities and colleges.


Other financial managers work in a range of industrial and commercial companies, including:


banks, building societies and insurance companies;

FMCG (fast-moving consumer goods) industries;

IT companies;

manufacturing and service industries;


public utilities;



Financial managers may be employed by small to medium-sized enterprises (SMEs), where they may be responsible for a wider range of activities.


Self-employment is also possible, as a consultant providing financial advice to a range of businesses. This is usually only possible with a significant amount of experience.


Look for job vacancies at:


ACCA Careers

Chartered Accountants Ireland

CIMA My Jobs

CIPFA Recruitment Services



Institute of Chartered Accountants of Scotland (ICAS)


Appointments are increasingly being handled by recruitment agencies, which frequently advertise in professional journals and newspapers. For details of relevant agencies see the Recruitment & Employment Confederation (REC). When searching for vacancies, look at the job description rather than just the job title as this can vary across companies.


The finance and accountancy sector is influenced by the economic climate and so when there is a period of economic downturn it will have a detrimental effect on the sector. This can mean that firms reduce their levels of recruitment and competition for jobs can be fierce. In these situations it may be useful to consider jobs with smaller accountancy firms and other small to medium-sized enterprises (SMEs), rather than focusing on the large organisations that offer graduate schemes and attract a lot of applications.

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Get more tips on how to find a job, create a successful CV and cover letter, and prepare for interviews.

Important Qualities

Analytical skills. Financial managers increasingly are assisting executives in making decisions that affect their organization, a task which requires analytical ability.

Communication skills. Excellent communication skills are essential because financial managers must explain and justify complex financial transactions.

Detail oriented. In preparing and analyzing reports such as balance sheets and income statements, financial managers must be precise and attentive to their work in order to avoid errors.

Math skills. Financial managers must be skilled in math, including algebra. An understanding of international finance and complex financial documents also is important.

Organizational skills. Financial managers deal with a range of information and documents and so they must stay organized to do their jobs effectively.



The median annual wage for financial managers was $115,320 in May.

The median annual wage for financial managers was $115,320 in May. The median wage is the wage at which half the workers in an occupation earned more than that amount and half earned less. The lowest 10 percent earned less than $62,480, and the highest 10 percent earned more than $187,200.


In May 2014, the median annual wages for financial managers in the top industries in which they worked were as follows:

Professional, scientific, and technical services     $139,380

Management of companies and enterprises       133,200

Manufacturing 114,350

Finance and insurance   110,310

Government      104,720


  • Starting salaries are typically in the range of £24,000 and £35,000. Average starting salaries in the banking and finance sector can be as high as £35,000, rising to £45,000 in the investment banking sector.
  • Typical salaries for newly qualified accountants in public service and not-for-profit agencies are between £35,000 and £40,000.
  • Salaries for experienced financial managers (ten years plus) in commerce and industry can range from £65,000 to £100,000+.
  • Some companies may pay higher salaries while others offer a lower basic pay with additional high bonuses.
  • Salaries vary widely according to the type, sector, size and location of the employing organisation. The highest salaries tend to be in London and the surrounding areas. The private sector, most notably the banking and capital markets sector and particularly organisations based in the City, pays more than the public sector.

Income figures are intended as a guide only.


Job Outlook

Employment of financial managers is projected to grow 7 percent from 2014 to 2024, about as fast as the average for all occupations. As with other managerial occupations, jobseekers are likely to face competition because there are more applicants than job openings. Candidates with a master’s degree or certification should enjoy the best job prospects.

Employment of financial managers is projected to grow 7 percent from 2014 to 2024, about as fast as the average for all occupations. However, growth will vary by industry.


Services provided by financial managers, such as planning, directing, and coordinating investments, are likely to stay in demand as the economy grows. The United States remains an international financial center, meaning that the economic growth of countries around the world will likely contribute to employment growth in the U.S. financial industry. In recent years, companies have been accumulating more cash on their balance sheets, particularly among those with operations in foreign countries. As globalization continues, this trend is likely to persist. This should lead to demand for financial managers, as companies will be in need of cash management expertise.


The depository credit intermediation industry, which includes commercial banking and savings institutions, employs a large percentage of financial managers. As bank customers increasingly conduct transactions online, the number of bank branches is expected to decline, which should limit employment growth in this sector. However, employment declines here are expected to mainly affect clerical occupations, such as tellers, rather than financial managers. From 2014 to 2024, employment of financial managers is projected to grow 6 percent in this industry.

Professional development

Most financial managers are qualified, or partly qualified, accountants. To become qualified, you need to pass or be exempt from a series of professional examinations and undergo a period of practical training.

Professional accountancy training is mostly on the job, and you will study for your examinations on a part-time basis. Employers usually support this activity and may help to fund the studies.

You may follow a structured graduate training scheme, which will give exposure to a range of different functions. This will enable you to move into a financial management role at a later date. You may also be asked to complete a training log or portfolio to show evidence of your training and experience.

Structured graduate training schemes are offered in large companies and in the public sector, although some financial managers gain their initial training in accountancy firms.

There are various chartered accountancy bodies in the UK which offer professional examinations. Check their websites for details of syllabuses, practical experience requirements and exemptions from professional examinations. The relevant bodies are:

  • Association of Chartered Certified Accountants (ACCA)
  • Chartered Accountants Ireland
  • Chartered Institute of Management Accountants (CIMA)
  • Chartered Institute of Public Finance & Accountancy (CIPFA)
  • Institute of Chartered Accountants in England and Wales (ICAEW)
  • Institute of Chartered Accountants of Scotland (ICAS)

Which professional qualification to study towards is likely to be determined by your employer so it is important to find out in advance which qualifications are supported by them, as well as the level of financial support, tuition and study leave provided.

Career prospects

Most financial managers start their career at a lower level and undertake professional accountancy qualifications, usually with the:

  • ACCA;
  • CIMA;
  • CIPFA.

They may then move into the role of financial manager in the latter stages of their training or they may take up the role afterwards, once they have built up some experience.

The expertise offered by a financial manager is extremely transferable. Although training may have taken place in an engineering company for example, the knowledge and skills gained can be applied in any other environment across industry or commerce.

Many financial managers use their knowledge of a company to move out of finance and into a more general management role such as HR manager. Others decide to specialise in one industry, such as education.

Depending on experience, some move on to the role of finance director or managing director. Knowledge about the day-to-day running of a company is essential in these roles.

However, moving from one role to another within an organisation, either related or unrelated to finance, may still require you to undertake further professional training. Fellowship can be awarded after specific periods of time in service with professional bodies such as ACCA and CIMA. This can help to show you have reached a certain level and can aid career progression.

Financial management offers good opportunities to work overseas. Professional qualifications from the major UK accountancy bodies are widely recognised by countries around the world.

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Job Prospects

As with other managerial occupations, jobseekers are likely to face competition because there are more applicants than job openings. Candidates with expertise in accounting and finance—particularly those with a master's degree or certification—should enjoy the best job prospects. An understanding of international finance and complex financial documents is important.

Employment projections data for financial managers, 2014-24 Occupational Title               SOC Code            Employment, 2014                 Projected Employment, 2024     Change, 2014-24               Employment by Industry

Percent                Numeric


SOURCE: U.S. Bureau of Labor Statistics, Employment Projections program


Financial managers

11-3031                555,900                 593,500                 7              37,700

State & Area Data

Explore Google resources for employment and wages by state and area for financial managers.


Similar Occupations

Compare the job duties, education, job growth, and pay of financial managers with similar occupations.

Similar Occupations

This table shows a list of occupations with job duties that are similar to those of financial managers.

Occupation         Job Duties           ENTRY-LEVEL EDUCATION Help 2014 MEDIAN PAY Help

Accountants and auditors

Accountants and auditors prepare and examine financial records. They ensure that financial records are accurate and that taxes are paid properly and on time. Accountants and auditors assess financial operations and work to help ensure that organizations run efficiently.

Bachelor's degree            $65,940


Budget analysts

Budget analysts help public and private institutions organize their finances. They prepare budget reports and monitor institutional spending.

Bachelor's degree            $71,220




Financial analysts

Financial analysts provide guidance to businesses and individuals making investment decisions. They assess the performance of stocks, bonds, and other types of investments.

Bachelor's degree            $78,620


Insurance sales agents

Insurance sales agents contact potential customers and sell one or more types of insurance. Insurance sales agents explain various insurance policies and help clients choose plans that suit them.

High school diploma or equivalent            $47,860


Insurance Underwriters

Insurance underwriters decide whether to provide insurance and under what terms. They evaluate insurance applications and determine coverage amounts and premiums.

Bachelor's degree            $64,220


Loan Officers

Loan officers evaluate, authorize, or recommend approval of loan applications for people and businesses.

Bachelor's degree            $62,620


Personal Financial Advisors

Personal financial advisors provide advice on investments, insurance, mortgages, college savings, estate planning, taxes, and retirement to help individuals manage their finances.

Bachelor's degree            $81,060


12 Financial Manager Jobs in Dubai – UAE – Salary $ 6000 Monthly

Our Client which is an international company looking for 12 Financial Managers who will be based in UAE.

Job Reference number: UAE-1200-41

Job Description

Finance is all about the numbers…unless you work at Financial Company; it knows the numbers and so much more. Enthusiasm and energy help us deliver new ideas, and solutions. Do you view problems as treasures, and are you willing to dive deep to develop those solutions and deliver results? Will you seek to challenge the status quo, and accept that your ideas and mechanisms may be tested daily? At Financial Company, we move with purpose and speed, and this requires we work with a dynamic network of Operations, HR, Tech and Retail partners. Our Finance Managers work with multiple sites, they help others understand financial decisions and are *the* trusted business advisor. They employ every facet of data and communication to ensure our partners and our leaders have the most up to date and reliable information to help them make the best possible decision. Come teach us a few things, and we’ll teach you a few things as we navigate the most customer-centric company on Earth.

This is a perfect position for someone who knows how to manage fast and smart. You will also provide the business with big leadership bringing a deep knowledge and a proven record of accomplishment. You already know how to make sense between which details that make all the difference, and those that don’t add value. You know the difference between investing wisely, and money wasted.


Job Responsibilities include:


Manage others, develop exceptional talent, and encourage your team to challenge assumptions

Promote recruiting efforts across the network to continually hire and develop the best

Manage and participate in finance and accounting activities across several locations.

Recommend, develop, and implement policies and programs that guide the organization in maintaining and improving its competitive position and profitability

Create a “learn by doing” environment by engaging with on-the-floor associates and managers to promote and encourage continued customer focus

Partner with your team and develop all weekly and monthly financial close activities, all planning, forecasting, and reporting models while overseeing their continuous innovation and communication to both your operations & other business partners

Work with data source providers and technology teams to ensure that key decision data is accurate, automated and timely.


Key Characteristics:


Proven expertise managing, evaluating, analyzing quickly and creating meaningful business reporting

Proven ability to develop strategic relationships with your business partners – you influence the decisions. You can root cause issues quickly and uncover core issues using data, then assist, consult with, and teach the business how decisions affect costs in their sites and create new mechanisms as they are needed

Proven ability to manage a team with competing priorities & provide level-headed guidance during unexpected events.


Basic Qualifications


  • BA/BS degree in Finance, Accounting, Business, Engineering or similar discipline with analytical bias
  • 5+ years relevant experience in positions that require analysis and reporting financial results
  • 3+ years’ experience directly supervising teams and developing people
  • Demonstrated financial acumen and analytical experience delivering forecasting, budgeting, and variance analysis, and data interpretation of business impact and results
  • 3+ years of experience with advanced proficiency in Excel (pivots, lookups, etc.)
  • Ability to travel; 10%+ travel expected, primarily to local operations, in addition to regional support
  • 3+ years of proven familiarity with concepts of U.S. Generally Accepted Accounting Principles


Preferred Qualifications

  • MBA and/ or Professional certification (CPA/CMA/Qualified Accounting certificate) + relevant experience
  • Management experience with demonstrated leadership skills with proven ability to take on and create new assignments
  • Advanced problem solving and root cause analysis combined with proven ability to communicate those analysis
  • Highly analytical, detail oriented and strong business sense; proven ability to manage new ideas and creative solutions
  • Manage and prioritize workload and achieve effective results in a fast-paced, growing and ambiguous environment
  • Experience working with large-scale data mining and reporting tools (i.e. SQL, MSAccess, Essbase and/or Cognos) and other financial systems such (i.e. Oracle, SAP, Lawson, JD Edwards)
  • Previous experience within a Manufacturing, Distribution Center or Logistics processes and systems a plus
  • Career progression and willingness to relocate for advancement opportunities



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