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From adopting artificial intelligence and machine learning to implementing blockchain and fintech solutions, digital transformation is reshaping every aspect of the finance industry. Therefore, the demand for skilled finance professionals is at an all-time high in the KSA and UAE job market.
In this guide, we will explore some of the most in-demand finance jobs shaping the future in the Middle East region.
Explore: Finance and Accounting jobs in UAE
Most in-demand Finance Jobs in KSA and UAE
1. Chief Financial Officer (CFO)
As the finance industry experiences digital transformation, CFOs are at the forefront of innovation. They are crucial in optimizing financial processes and providing strategic insights to support an organization's growth. Their responsibilities include financial planning and analysis, budgeting, financial reporting, and risk management.
Key Skills Required:
- Financial expertise
- Strategic planning
- Technical expertise in various tools
- Risk management and compliance
- Leadership
- Strong communication and collaboration skills
- Accounting
- Analytical skills
Estimated Salary Range:
KSA: Approximately SAR 388,315 per year
UAE: Around AED 489,786 per year
Read more: Effective job search strategies to help you get seen by recruiters.
2. Financial Analyst
Financial analysts' roles have become increasingly important in helping organizations make data-driven decisions. Their primary responsibilities include assessing financial data, analyzing investment opportunities, and providing insights for strategic decision-making.
Key Skills Required:
- Financial modeling
- Data analysis
- Understanding of financial software such as Excel and Bloomberg Terminal
- Proficiency in Python and machine learning
- Strong analytical and communication skills
Estimated Salary Range:
KSA: Approximately SAR 95,102 per year
UAE: Around AED 14,000 to AED 44,000 per month
Also Read: Specialized programs for Emirati graduates to develop future skills
3. Finance Manager
Finance managers oversee organizations' financial operations, budgeting, and financial reporting. They are a bridge connecting corporate finance and structured finance departments, ensuring the organization's goals and objectives are aligned. They oversee financial health, business partnering, and keeping stakeholders informed.
Key Skills Required:
- Financial analysis
- Strategic planning
- Proficiency in financial management software
- Regulatory compliance
- Strong communication skills
Estimated Salary Range:
KSA: Approximately SAR 200,029 per year
UAE: Around AED 25,000 to AED 374,000 per year
Read: 8 things to consider before accepting a job offer.
4. Risk Manager
Risk managers are in high demand in the digital age due to increased cybersecurity threats and regulatory compliance challenges. Risk managers identify, assess, and mitigate risks to ensure organizational resilience and compliance with regulatory requirements. They help the finance teams develop strategies, policies, and procedures in the face of unexpected events.
Key Skills Required:
- Knowledge of risk management frameworks, regulatory guidelines, and industry best practices
- Knowledge of IFRS
- Communication and negotiation skills
- Strong analytical skills to evaluate emerging risks associated with technology and cybersecurity
Estimated Salary Range:
KSA: Approximately SAR 153,391 per year
UAE: Around AED 20,000 to AED 324,000 per month
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5. Data Scientists
Data scientists leverage advanced analytics and machine learning techniques to extract actionable insights from complex datasets and make data-driven decisions. In the finance industry, data scientists are helping to identify market trends, assess credit risk, and optimize investment strategies using predictive modeling and statistical analysis.
Key Skills Required:
- Proficient in Python and R
- Expertise in data visualization tools and techniques
- Business intelligence and data visualization skills
- Machine learning proficiency
- Critical thinking and problem-solving skills
Estimated Salary Range:
KSA: Approximately SAR 210,218 per year
UAE: Around AED 20,000 to AED 154,000 per month
Explore Data Science jobs in UAE
6. Taxation Experts
As businesses expand globally and tax regulations become more complex, taxation experts drive technology-driven solutions to streamline tax processes, perform data analysis for tax planning, and stay updated with evolving tax laws. They help organizations navigate intricate tax laws and work on optimizing tax strategies to minimize liabilities.
Key Skills Required:
- Comprehensive knowledge of tax laws
- Proficiency in tax software and tools
- Analytical skills for tax planning and risk assessment
- Accounts and audit proficiency
- Bookkeeping expertise
- Client management skills
- Strong communication skills
Estimated Salary Range:
KSA: Approximately SAR 121,876 - SAR 204,372 per year
UAE: Around AED 15,000 to AED 22,000 per month
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7. Accountant
Accountants play a pivotal role in the finance industry by managing financial records, preparing accurate financial statements, and ensuring compliance with accounting standards and regulations. With the finance industry’s digitization, accountants must possess proficiency in accounting software and data analytics tools to streamline financial processes and enhance efficiency.
Key Skills Required:
- Financial reporting and organizational skills
- Proficiency in accounting software
- Analytical and technical skills
- Attention to detail
- Expertise in forecasting and numeracy
- Strong written and communication skills
Estimated Salary Range:
KSA: Approximately SAR 60,444 per year
UAE: Around AED 5,403 per month
Explore: Finance and Accounting jobs in KSA
The finance industry in KSA and UAE is witnessing a growing demand for skilled professionals. Job seekers must equip themselves with the right finance skills to unlock many career opportunities in these regions. Platforms like Qureos offer a seamless way to connect with recruiters and help you find your dream job within minutes. Create your profile on Qureos today and take the next step in your finance career!
