In the present financial world, professionals and companies need to adapt to the latest changes to stay competitive. To be competitive in the modern, worldwide market, one must remain relevant. Both employer expectations and financial reporting are changing. The International Accounting Rules Board (IASB) created the accounting rules known as IFRS (International Financial Reporting Standards). They improve cross-border financial statements’ comparability, uniformity, and transparency.
IFRS is becoming more than just an option—more than 140 nations have adopted it.
Let’s explore what the best IFRS jobs in the UAE are that you can go for after completing this course.
Best IFRS Jobs in UAE
IFRS-certified experts can find jobs anywhere in the world. These experts are well-respected in the field for their expertise and abilities. Those who are IFRS-certified are particularly valued by the 166 jurisdictions that adhere to these standards. Therefore, this certification is the best option if you want to work in accounting and have a good reputation.
Here is the list of the best IFRS jobs in the UAE:
1: Accountants
Companies’ demand for IFRS professionals increased significantly as a result of the abrupt switch to applying IFRS guidelines after several years. Due to the growth of businesses and startups, the demand is still substantial nearly ten years later.
This isn’t exclusive to the UAE businesses. Because IFRS is widely accepted and a company’s operations in one nation should be streamlined with those in another, multinational companies (MNCs) are also hiring IFRS professionals like hotcakes from a baker. Overall, accounting is the ideal career option if you wish to make your career with IFRS certification.
2: IFRS Expert
For businesses that are subject to IFRS, maintaining compliance with the IFRS standards is crucial. For assistance in understanding these rules, these businesses generally turn to IFRS specialists. These experts help their employers create policies and procedures that apply to all other workers who follow IFR guidelines. Experts in IFRS are very helpful to businesses that are growing internationally.
3: Financial Controller
The next job opening on the list of the best IFRS jobs in the UAE is Financial Controller. These experts are in charge of handling balance sheets and revenue statements. These experts make sure that a business’s operations run smoothly. They also make sure that all operations are conducted according to the laws and regulations.
4: Financial Consultants
Experts in IFRS possess flawless financial planning and management skills. You can make a good living as a financial advisor for private businesses or consulting firms, and go for a highly paid IFRS job.
If you have a large network, you can even develop your freelancing clients. On a retainer basis, many wealthy working professionals employ financial counselors for themselves. In addition to being an excellent way to make a solid living, this would also relieve some of the pressure that comes with working nonstop.
5: IFRS Specialised Teacher
Teaching is one of the best IFRS jobs in the UAE. Becoming an educator in the finance education field becomes more interesting if you are passionate about sharing knowledge and lifelong learning!
Since the majority of IFRS professionals work for business organizations, there is an increasing demand for IFRS specialists and professionals in the education sector. An IFRS specialist in the field of finance education will therefore be highly compensated and highly regarded by everyone!
IFRS Salary in UAE and Other Countries
On average, the high IFRS fresher salary in the UAE and other nations is a key reason why accounting professionals and graduates select this certification. In the UAE, a professional with this credential typically has a salary range from AED 10,150 to AED 27,000-37,000 per month.
Top Industries Hiring IFRS Professionals
In foreign markets, particularly in Europe, the Middle East, Asia-Pacific, and Africa, professionals with a solid understanding of IFRS are highly sought after. Whether you want to work overseas or provide local services to global clients? Having an IFRS qualification makes you a valuable asset in diverse industries.
- Accounting and auditing: These firms provide services to clients who must adhere to international accounting standards. They are among the many industries that highly value IFRS certification.
- Banking and Financial Services: International guidelines for financial statements and reporting.
- Consulting: Giving businesses advice on financial reporting, IFRS compliance, and implementation.
- Companies that operate in several nations and are required to standardize their financial reporting are known as manufacturing and multinational corporations.
Ensuring adherence to international accounting standards for public finances by both governmental and non-governmental organizations.
Bottom Line
These are the best IFRS jobs in the UAE for freshers and experienced professionals, with a quick view on salary structure and the leading industries for these professionals. Mirchawala is offering a professional IFRS Diploma and Certification course under the guidance of Mustafa Mirchawala. Consider enrolling at Mirchawala if you wish to pursue a career in IFRS for expert guidance and full support.
Frequently Asked Questions (FAQs)
Q: What is the benefit of an IFRS diploma?
Ans: IFRS certification expands your career potential and income options and improves your chances for a global career by providing the ability to create and present worldwide financial reporting,
Q: How can I get a job after IFRS in the UAE?
Ans: To explore the best IFRS jobs, consider obtaining an IFRS diploma, gaining real-world experience, connecting with specialists in the field, and staying up to date on the latest developments in the field.
Q: Who benefits from the IFRS?
Ans: The implementation of IFRS benefits globally operating companies, auditors, and financial experts due to its capacity to ensure global transparency and consistency in financial reporting.
