Recruiter Reveals Five most In-Demand Finance Jobs

The Five Most in Demand Financial Jobs in UAE for January 2014
DIC, UAE - Feb. 2, 2014 - PRLog -- The current overall economy in the Gulf looks promising--including that of the financial services sector, including, among many others, the sub-sectors of banking, accounting, and auditing. The financial services sector is said to be always performing well, simply for the reason that this very department in every company is the one which controls the purse string.

According to Omar Taha, Managing Director of Search Firm, The S&T Group, among the most in-demand jobs in the financial sector is that within accounting and financial markets. In spite of this though, there is the seeming shortage of qualified professionals in this field. Companies looking for professionals in this aspect look for a mix of education, technical skills, and experience; complemented by soft skills such as communication capabilities, collaboration, and a sense of commerciality.

As of the moment, the financial services sector in Dubai is perceived to be having the most attractive industry by 34% of the total votes by the Job index survey in 2013; followed by the construction sector at 33%, and the oil, gas, and petrochemicals at 33% as well. With this, recruitment in the financial services sector has been picking up in the region, with a projected increase this quarter of 17-20%.  Good, but who conducted this survey?

Mr. Taha mentioned the 5 most in-demand finance jobs in the UAE:

1. Senior professionals Relationship Managers. Those who have experience supervising and managing financial teams are in-demand in the UAE financial services sector as of the moment. While the number of entry level professionals are impressive, those having ample experience and relationships and are willing to work for companies located in the UAE may not be as substantial as to fill in the needs of companies within the region.

2. Head of Banking Services. Taking home a monthly salary of Dh 140,000, plus other frills in the employment packages, this post should be as attractive to professionals in the financial services sector; but not everyone is qualified for the job. With extensive experience required in this key role, only a few are determined to have a set of skills perfect for a head of banking services. Why is head of banking services in demand?

3. Asset Management Professionals. Asset management professional jobs require a mix of accounting, management, and managerial skills to be able to fulfill the role. Professionals having the same mix of qualifications are highly in-demand in the UAE because of the new market highs.

4. Chief Financial Officer. Earning up to Dh 70,000+ monthly, the CFO is implied to possess the skills commensurate to the same compensation. While other staff levels may be easily filled with persons subject to training, the CFO post requires actual experience for the job; or at least, equivalent experience in a controlling post in a similar company.

5. Internal Audit Manager. As auditing implies a burdensome intricacy in the undertaking of this job post, the qualifications called for in a professional looking to land at this position always include years of experience, on top of prior education. Internal Audit Managers are in-demand in the UAE with the scarcity of qualified applicants, in the midst of the constant need for the same.

Omar Taha is a Dubai Based Executive Search Recruiter ( for The S&T Group. Omar has spent the last 10 years in the recruitment industry covering Investment Banking (, Oil/Gas, Education, Healthcare (, and Consumer Retail.

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Tags:Difc, Recruitment, Finance Jobs, Islamic Finance, Finance Recruitment
Industry:Financial, Human resources
Location:DIC - Dubai - United Arab Emirates
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