Pursuing an IFRS certification course brings various opportunities in an increasingly interconnected global economy, particularly in the UAE, where companies are changing to the implementation of these standards, too, to compete with those in other countries. The need for trained personnel is increasing at an unprecedented rate as businesses move toward adopting financial reports that comply with IFRS. The opportunities are enormous in terms of career choices and increased value offered to professionals.
Obtaining an IFRS certification could be beneficial if you want to work as an accounting and finance professional or if you are currently employed and would like to improve your knowledge of IFRS.
For people who are trained chartered accountants or currently employed in the accounting industry, the scope of IFRS in the UAE is excellent.
You will have the chance to work in more than 140 IFRS-compliant nations as an IFRS professional or specialist, including the EU, the UK, Australia, Brazil, Malaysia, South Africa, and Singapore. Additionally, IFRS offers remarkable earning potential. In this blog, we will be talking in detail about the IFRS salary in the UAE with a comprehensive review. So stay tuned!
IFRS Average Salary: As Per Experience
Given that pay structures might differ depending on the different factors, the ACCA Diploma in IFRS is only taken by qualified professionals. The breakdown is as follows:
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Junior Accountants:
Usually, someone who has recently begun working for a company, this field of accounting pays between AED 60,000 and AED 90,000 annually on average. Despite being a tiny quantity, this provides a solid basis for expansion.
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Mid-Level Professionals:
These individuals have between five and eight years of experience. It can be expressed in terms of annual salary, which ranges from AED 120,000 to AED 200,000. At this point, most professionals enter the workforce through industry or function-specific specialization, which raises pay levels.
Salaries of AED 22,000 to AED 36,000 per year would be commensurate with ten or more years of managing experience working with senior experts.
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Specialist Jobs:
Technical advisers and IFRS consultants are examples of specialist jobs that can pay up to AED 37,000 annually.
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Industries:
An IFRS practitioner employed in the banking, finance, or IT sectors is probably going to earn more than one employed in a minor industry, such as manufacturing or retail. For instance, an expert in finance using IFRS will make between AED 20,000 and AED 30,000 annually.
IFRS Jobs and Salary: As Per the Industry
The table below shows the list of industries and the average median salaries:
| Industry | Average Salary Range (Annual) | No. of Jobs |
| Accounting/Audit | AED 200,000–240,000 | 400–600 |
| IT Firms | AED 180,000–210,000 | 300–400 |
| Outsourcing Companies | AED 160,000–200,000 | 600–800 |
| Banking and Finance | AED 190,000–230,000 | 300–400 |
IFRS Jobs and Salary: As Per the Industry
The table below shows the list of industries and the average median salaries:
IFRS Salary in the UAE: Different Cities
| City | Average Salary Range (Annual) | No. of Jobs |
| Dubai | AED 180,000–220,000 | 1500–1800 |
| Abu Dhabi | AED 160,000–200,000 | 900–1100 |
| Sharjah | AED 140,000–170,000 | 400–600 |
| Ajman | AED 130,000–160,000 | 150–300 |
| Ras Al Khaimah | AED 120,000–150,000 | 100–200 |
| Fujairah | AED 120,000–145,000 | 80–150 |
How to Boost Your IFRS Salary in the UAE
Here’s what works, based on our placement success patterns:
- Emphasize certification: Put it in your resume summary and LinkedIn headline.
- Showcase a useful application: Demonstrate your use of IFRS expertise in projects.
- Focus on industries with significant demand: The greatest premiums are offered by the Big 4 and Global Shared Services.
- Think about location flexibility: The greatest concentration of opportunities is found in Dubai and other major cities.
Why Should You Pursue the IFRS Certification Course at Mirchawala?
With IFRS certification, our renowned best trainer of IFRS, Mustafa Mirchawala, has assisted thousands of finance professionals in changing their careers. Students have achieved great marks in their exams, and the flexible learning options allow students and working professionals to study at their convenience.
In the current cutthroat finance industry, earning an IFRS certification greatly raises your earning potential. You may join the hundreds of Mirchawala students who have increased their earning potential by obtaining the appropriate certification and placing themselves in the right job.
Contact us to know more about our course!
Frequently Asked Questions (FAQs)
Q: Is IFRS applicable in the UAE?
Ans: The Central Bank of the United Arab Emirates mandates that IFRS financial statements be published by all banks in the country. IFRS adoption is regarded as best practice, even though it is not mandatory for unlisted businesses other than banks.
Q: What is the scope of IFRS?
Ans: The need for qualified experts in a variety of fields, such as accounting, auditing, consulting, and advisory services, is rising as more businesses embrace IFRS standards. Since more than 140 nations have embraced IFRS, credentialed professionals have greater employment options globally.
Q: What is the average IFRS salary?
Ans: The IFRS salary for an entry-level position might start around AED 10,150 per month, while experienced professionals can earn up to AED 30,000 to AED 40,000 and more.
