A colleague of mine has taken an interest in a unique finance & accounting degree course, which for him is the start of a journey which can take successful graduates along numerous career paths leading to lucrative and secure futures with top-notch national and international companies and organizations. Jobs awaiting graduates along the road are many and varied and range from financial analyst, tax manager and financial controller all the way up to chief accountant and even finance director. But much will depend not just on the degree itself, but also on the amount of experience gained after graduation.
The point is well made by specialist financial recruiter Robert Half UAE. The company, part of Robert Half International, has offices in both Dubai and Abu Dhabi, two of the largest cities in the UAE, the United Arab Emirates, a Persian Gulf country with a dynamic and growing economy. Anyone interested in a career in finance should acquaint themselves with this famous worldwide company as soon as possible.
According to Robert Half UAE, a tax manager, for example, which the company describes as a top tax position within an organisation, would typically require a degree and five to seven years of experience. The tax manager establishes and executes campaigns to reduce an organisation’s tax debt; adheres to all national, state, local and international tax laws; manages the retention and preparation of tax records, tax returns and other required reports; assesses the impact of an organisation’s tax liability; and oversees tax accounting staff.
Typically, a degree in accounting or business and five to eight years of experience are required for the position of chief accountant. The chief accountant manages accounting functions; prepares reports and statistical data detailing financial results; establishes and maintains accounting practices to ensure data necessary for business operations is accurate and reliable; may specialise in one or more functional accounting areas, such as accounts receivable, accounts payable, payroll or budget.; and supervises professional and/or clerical accounting employees.
It’s still looking good for expatriates thinking of moving to the UAE to pursue their careers, says Robert Half UAE. “Demand remains for expatriate candidates, particularly for some highly technical roles in financial services, risk and compliance. In these areas UAE countries look to some of the more mature economies of UK and Europe for the talent and experience that is unavailable locally. There remains an inflow of candidates from eurozone countries and the UK, as job market concerns prompt professionals to turn eastwards for career growth.”
Accounting is one of the most sought-after professions in the world of business and finance, says the American University of Sharjah (AUS). The highly popular university, based in Sharjah, the third largest city in the UAE, offers amongst others a Bachelor of Science in Business Administration (BSBA) degree with a major in accounting, and a Master of Science in Accounting (MSA) program.
The MSA program is designed to create additional employment opportunities and promote the career success of graduates, says AUS, adding, “Career options for graduates will include positions in public accounting, such as external auditors, tax preparers and consultants, as well as in private accounting roles such as internal auditors, controllers, chief financial officers and financial analysts. Positions in the public sector also contribute to high demand for a graduate degree in accounting, both on the federal and local levels.”
For more job descriptions in the field of finance & accounting, check out Robert Half UAE here.