INTRODUCTION:
The popularity of ACCA is growing worldwide as big employers demand skilled ACCA professionals; looking at the present hype for ACCA professionals, accounting and finance aspirants are truly attracted towards this academic pathway. Amongst the list of other countries around the world with the growing demand for this qualification, there is Kuwait as well. The demand for the ACCA qualification has been rising in the region as companies are offering more accountant jobs in Kuwait that require the professional skills of an ACCA member.
The main question that usually arises is how this qualification is helping you secure top accountant jobs in Kuwait. What are the top qualities found in ACCA professionals that qualify them for diverse accountant jobs? In today’s blog, we are going to discover all the essential qualities that help ACCA members secure top accountant jobs in Kuwait.
1: GLOBAL RECOGNITION IN A DIVERSE MARKET:
The workforce of Kuwait is highly international, including Multinational organizations as well as large corporations; these employers look for fully-qualified ACCA professionals to manage their big and complex financial sectors efficiently. The major reason to prefer ACCA members for these roles is the global recognition of the qualification and the understanding, as well as application, of the international accounting standards. Hence, this way, the accountant jobs in Kuwait are enhanced, and candidates can avail better work opportunities.
2: ALIGNMENT WITH KUWAIT’S FINANCIAL SECTOR NEEDS:
The ACCA qualification in Kuwait is not only focused on international standards and regulations but also emphasizes equipping aspirants with a comprehensive understanding of the local financial standards, regulations, and needs. The diverse curriculum covering major accounting areas like financial management, taxation, and auditing is tailored to meet Kuwait’s financial sector needs. This way, the accountant jobs in Kuwait increases as ACCA professionals are offered critical accounting and finance roles in sectors like banking, investment, corporate finance, etc.
3: STRONGER CHANCES FOR VISA SPONSORSHIP:
If you are an ACCA professional looking forward to building your career in Kuwait, your academic choice can benefit you because, as an ACCA member, the chances of getting visa sponsorship are much stronger compared to candidates from other accounting qualifications.
A work visa is an essential level that needs to be cleared in order to achieve career goals, and your ACCA qualification can make it easier for you.
4: NETWORKING AND CONTINUOUS LEARNING:
Another major reason why ACCA professionals can secure more accounting jobs in Kuwait is that they are trained and obliged to focus on continuous learning to stay competent in the ever-changing financial sector. ACCA has an important requirement of Continuous Professional Development (CPD) in which aspirants have to complete a certain number of activities that can help them stay updated with industry changes, trends, regulations, and skills. This adaptability and the efforts to stay current with the changes help ACCA professionals to stay competent in the job market, resulting in increased job opportunities.
Additionally, the qualification promotes networking and creating a strong professional network, including mentors, employers, and colleagues internationally as well as locally. This networking adds value to their lives in the long run as it helps ACCA members to secure accountant jobs in Kuwait more easily.
5: PATHWAY TO SENIOR ROLES:
The ACCA qualification offers a very progressive career in Kuwait; the adaptability, skills, and knowledge of ACCA professionals make them competent not only for entry-level roles but also can elevate their professional journey by making them eligible for senior/executive-level roles as well. If an ACCA member has significant years of experience and required skills, he is eligible to apply for managerial level roles such as CFO, Finance Director, or Finance Manager, etc.
The career flexibility, allowing professionals to take on entry and senior level roles, enhances the number of accountant jobs ACCA professionals can avail themselves of.
ACCOUNTANT JOBS IN KUWAIT AND POTENTIAL SALARIES:
The accountant jobs in Kuwait are diverse; from different sectors, roles, and professional levels, the salaries for each role depend on all of these factors. However, here is a generic overview of the professional level of the job.
JUNIOR ACCOUNTANT JOBS IN KUWAIT AND EXPECTED SALARY:
The junior accountant jobs in Kuwait that ACCA professionals can apply for include junior accountant, assistant accountant, accounts assistant, Audit assistant, finance assistant, and junior cost accountant.
The salary can vary significantly depending on the role, employer, and expertise; however, entry-level job roles typically pay a minimum salary of KWD 250. Typically, Junior accountant roles pay between KWD 300 and KWD 400.
SENIOR ACCOUNTANT JOBS IN KUWAIT WITH SALARY:
The most common senior accountant jobs available in Kuwait are under the titles of Senior Financial Accountant, Senior Cost Accountant, Senior Audit Accountant, Financial Reporting Specialist/Analyst, Senior Tax Accountant, etc. Such professionals are highly in demand in Kuwait’s market and can make something between KWD 600 and 1200 per month, depending on their skills and experience.
CONCLUSION:
The diverse and updated curriculum of ACCA adds so much value to the professional’s career by preparing them with skills and knowledge to work in diverse accounting and finance areas. The modern learning techniques and adaptability to new industry trends are just another reason why this qualification stands out; the skills and application of modern financial techniques create more demand for ACCA members in the job market. Other than that, the global recognition and the focus of the qualification on compliance with both international and local standards and regulations are worth appreciation. All these factors make ACCA professionals the best choice for diverse accounting jobs in Kuwait.
FREQUENTLY ASKED QUESTIONS:
Q1: Which industry or sector has more demand for ACCA professionals in Kuwait?
Answer: The sectors that value ACCA professionals the most in Kuwait’s job market are as follows:
- Construction
- Oil and Gas
- FMCG and Retail
- Banking and Finance, etc.
Q2: Do I need to have any other local certifications along with ACCA to be able to work in Kuwait?
Answer: No, the ACCA qualification is good enough for you to secure a good professional position in Kuwait’s financial sector. However, if you want to work in the public sector, some roles might require you to do so occasionally.
