Dubai, a global financial business hub, offers lucrative job opportunities for professionals in the financial field. Among them, the Chief Financial Officer (CFO) role is particularly the most prestigious and financially rewarding career option. CFOs in Dubai play an important role in overseeing the financial health and strategic direction of an organization, making their salaries a subject of interest for many. This article will help you understand the details of the Chief Financial Officer Salary in Dubai with various factors, including different job options with their average earning potential.
This Blog Includes:
- What is the Chief Financial Officer’s Salary in Dubai?
- Chief Financial Officer Salary in Dubai Based On Experience Level
- Chief Financial Officer Salary in Dubai Based On Education Level
- Chief Financial Officer Salary in Dubai Based On Organisation
- Chief Financial Officer Salary in Dubai Based On Cities
- Chief Financial Officer Salary in Dubai Based On Positions
- FAQs
What is the Chief Financial Officer’s Salary in Dubai?
The average annual salary for a Chief Financial Officer (CFO) in Dubai is a substantial 559,000 AED, which translates to an average monthly income of 46,583 AED. However, CFO salaries in Dubai can vary significantly, with the lowest annual salary recorded at 277,400 AED (equivalent to 23,116 AED per month) and the highest reaching 864,900 AED annually (or 72,075 AED per month). This data indicates that CFO roles in Dubai are well-compensated, but the exact salary can depend on factors such as experience, qualifications, and the specific industry and company.
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Chief Financial Officer Salary in Dubai Based On Experience Level
Dubai, a global financial hub, offers competitive salaries for Chief Financial Officers (CFOs). The level of experience significantly impacts compensation. Here’s a breakdown:
Experience Level | Average Salary Per Year |
0-2 Years | AED 335,100 |
2-5 Years | AED 442,300 |
5-10 Years | AED 592,200 |
10-15 Years | AED 707,600 |
15-20 Years | AED 761,400 |
20+ Years | AED 816,000 |
Chief Financial Officer Salary in Dubai Based On Education Level
The level of education is a significant factor influencing CFO salaries in Dubai. Here’s a general breakdown:
Education Level | Average Salary Per Year |
High School | AED 421,400 |
Certificate or Diploma | AED 476,600 |
Bachelor’s Degree | AED 646,600 |
Master’s Degree | AED 816,000 |
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Chief Financial Officer Salary in Dubai Based On Organisation
The organization in which a CFO works significantly impacts their salary. Here’s a general overview:
Organisation | Average Salary Per Year |
Al-Futtaim Group | AED 68,000-AED 79,000 |
Tecon | AED 74,000-AED 86,000 |
Midas Safety | AED 55,000- AED 65,000 |
Midas Safety | AED 41,000- AED 49,000 |
Telecom Services Network | AED 23,000- AED 30,000 |
Pinkerton | AED 100,000- AED 120,000 |
Technical Supplies and Services Co. | AED 30,000- AED 50,000 |
Permasteelisa Group | AED 85,000- AED 100,000 |
Dubizzle | AED 600,000- AED 800,000 |
Chalhoub Group | AED 100,000- AED 120,000 |
Al-Futtaim Group | AED 84,000- AED 100,000 |
Accountant-General’s Dept | AED 48,000- AED 80,000 |
Halliburton | AED 100,000- AED 120,000 |
Etax Accountants | AED 80,000- AED 90,000 |
Etax Accountants | AED 105,000- AED 120,000 |
Deloitte | AED 120,000- AED 140,000 |
Al Shirawi Group of Companies | AED 100,000- AED 150,000 |
Chief Financial Officer Salary in Dubai Based On Cities
Dubai, a dynamic city with various districts, offers different salary ranges for CFOs depending on the location. While the overall salary levels in Dubai are generally high, certain areas may offer slightly higher or lower compensation due to factors such as cost of living, industry concentration, and company size. Here’s a general overview of CFO salaries based on different cities within Dubai:
Cities | Average Salary Per Year |
Abu Dhabi | AED 519,300 |
Ajman | AED 487,600 |
Al Ain | AED 519,300 |
Fujairah | AED 450,300 |
Ras Al Khaimah | AED 476,600 |
Sharjah | AED 538,600 |
Um Al Quiwain | AED 467,100 |
Chief Financial Officer Salary in Dubai Based On Positions
CFO positions can vary in terms of responsibilities and scope within organizations. This can influence their salary levels. Here’s a breakdown of some common CFO positions and their associated salary ranges:
Positions | Average Salary Per Year |
CFO/Controller | AED 517,025 |
Chief Operating Officer | AED 535,000 |
Account Coordinator | AED 210,500 |
Branch Manager | AED 297,000 |
Chief Investment Officer | AED 397,900 |
Head of Investment | AED 354,000 |
Key Account Manage | AED 297,000 |
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FAQs
The compensation range for a customer service officer in Dubai is AED 2,200 to AED 16,700, with an average monthly pay of AED 7,084 for workers with one to twenty-two years of experience.
In Dubai, United Arab Emirates, a financial advisor makes, on average, AED 21,833 a month. In Dubai, United Arab Emirates, a financial advisor’s typical supplementary cash remuneration ranges from AED 1,271 to AED 13,500.
CEO pay scale. The CEO of most organizations makes a lot more money than the CFO. A CEO’s average compensation in the US is AED 800,000, with a typical range of AED 420,000 to AED 1,200,000, while a CFO’s average yearly salary is AED 420,000, typically ranging from AED 319,000 to $537,000, according to compensation.com.
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