Average pay for Financial Controllers in UAE

Average pay for Financial Controllers in UAE

One thing being a nutrition science graduate has taught me is to always find data and statistics to truly understand what you are speaking about. It adds confidence and professionalism to your craft while providing context that also changes when a different variable is thrown into the mix.

To pay homage to my previous tutors and those that gave me the above skills I have applied these to Finance Industry I now take care of with Halian. In one sense I almost expected to see my findings mostly due to logical reasoning but at the same time still found myself surprised at the skills needed to have a much higher pay as Financial Controller.

A Financial Controller otherwise known as comptroller are individuals within a company who manage the financial departments in the organization. This role (among many) is crucial to a company's success and longevity. Without an effective person at the helm a company is at high risk of hemorrhaging funds.

Have a look at the image below and firstly see the range of a Financial Controller's pay. It almost provides familiarity to the concept of normal distribution with a throwback to my college days.


Reference:


Normal Distribution


As with all types of statistical information we can almost envision the Bell-Shaped Curve overlapping the image and fitting perfectly. It's Important for the reader to understand that the factors that affect a Financial Controllers pay are vast and highly varied between company to company.

From a business standpoint:

  1. Where is the company in its life cycle and what budget has it got?
  2. Is it services or product based?
  3. Does it have a small or large customer base?
  4. Does it achieve a large revenue within its market?


From an employee standpoint:

  1. How many years of experience in the role.
  2. What skills have the most impact during his / her tenure?
  3. What unique traits this individual has to push a company forward.
  4. What standout achievements has this individual got?


The skills to achieve a high salary as a financial controller are also vast and highly varied but a recent survey shows some common skills. What is valuable about what the reader see's below can be one of many avenues of improvement to help push his / her salary up when applying for any new roles as a Financial Controller/Director.

Financial Controller Salary in United Arab Emirates in 2024 | PayScale

Always keep the goal of trying to push yourself along the Bell-Shaped curve much more in your favor especially in a market that is highly competitive, and excellence is the determining factor in achieving your own success in your industry.

If you liked this article, be sure to give my page a follow. I will also be posting Articles about Forex Trading and the Market Economics. Thanks to the reader for your time.


Stephen | Commercial & Finance Recruiter | Halian


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