GF
Sector: Accounting & Finance
Over $200k average salaries for ACAs in the Gulf, and bonuses are rising
Any ACA-qualified accountants considering relocating to the Middle East may be further persuaded by the fact that they’re able to earn more in the region than anywhere else in the world. The average annual salary for ACAs working in the Middle East is 137.9k (US$227k, AED833.6k), according to the 2011 Career Benchmarking survey by the [...]
ACA, ACCA or CIMA – which is best if you want to break into investment banking?
Back in the day, it was a sad fact of life that ACAs were given preferential treatment by investment banks recruiting accountants over those armed with competing qualifications, such as the ACCA and CIMA. But has the playing field slowly become more level? The cold, hard facts The employment figures we’ve obtained from the ICAEW, [...]
It pays to be an accountant in the Middle East
Bankers in the Middle East may have been hit by reduced remuneration again this year, but ACA-qualified accountants have benefited from the financial crisis and are now the highest paid in the world. Figures from the Institute of Chartered Accountants in England and Wales (ICEAW) suggest that the Middle East offers the highest average salaries [...]
E&Y comes out fighting for MENA top spot with ambitious recruitment plans
There appears to be some hiring one-upmanship among the Big Four accounting firms as they battle for the top spot in the MENA region. Following announcements of significant recruitment sprees in the region from both PwC and Deloitte, Ernst & Young – which has been the dominant player in the Middle East for some time [...]
Gulf growth plans among Big Four firms
The Big Four accountancy firms have (relatively) big plans for the Middle East, which is likely to create something of a talent shortage in the not-so-distant future. PwC unveiled its annual results this week and the Middle East has proven a growth market for the firm. Revenues increased by 17% in the region year-on-year – [...]
PwC is still recruiting in the Middle East
PricewaterhouseCoopers is expanding, and the Middle East operation looks set to benefit. Eagle-eyed readers might remember how PwC’s attempt become the dominant Big Four accountancy firm in the Middle East created something of a poaching frenzy earlier this year. As well as hiring 25 new partners, it also added around 400 staff in the region. [...]
A grim picture for Middle East accountancy recruitment
Accountants working in the Middle East should feel more confident about their job security than this time last year. However, new job opportunities are likely to be thin on the ground – over two-thirds of firms in the region have no plans to add headcount in 2010. According to a survey by recruiters Robert Half, [...]
Guest Comment: the new internationally mobile superheroes are…product controllers (seriously)
Chris Jay, associate director of Morgan McKinley’s financial services division, Singapore, explains why product controllers are so in demand and why candidates from other countries should apply for jobs in Singapore. All the major financial institutions in Singapore are once again hiring experienced product controllers, with volumes back to pre-crisis levels at some banks. Most [...]
The understated Big Four Middle East recruitment frenzy
PricewaterhouseCooper’s bid to become the dominant Big Four accountancy firm in the Middle East has created something of a poaching frenzy. It has recruited more than 20 partners from Ernst & Young in the Middle East as well as hiring 25 new partners and 400 staff in the region, according to a report by the [...]
GUEST COMMENT: How the financial crisis has been beneficial for accountants’ employment prospects
The changing times, in many ways exemplified and accelerated by the global financial crisis, have brought with them a greater focus on having the right people with the right skills across all sectors. This is certainly very much the case in the Middle Eastern finance and accounting professions. The aftermath of the financial crisis will [...]
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