UAE finance jobs on the rise

More finance related jobs are expected to open up in the UAE in the coming six months. According to a new survey by recruitment firm, Robert Half UAE, nearly four in 10 (37 per cent) of the country’s chief financial officers (CFOs) will be expanding their finance departments in the second half of 2013 compared to 35 per cent in the first six months, giving a boost to the local job market.

“Companies continue to struggle in finding skilled financial professionals, with more than half (51 per cent) saying is it ‘somewhat challenging’ and 35 per cent saying it is ‘very challenging’ to do so,” said the survey.

“The areas posing the greatest challenges include specialists in financial management/control (28 per cent), accounting (27 per cent), accounts payable/receivable (24 per cent), tax & treasury (24 per cent) and business/financial analysis (21 per cent),” the report listed as the positions and job titles that are the most in demand.

“As a result, nearly nine in 10 (87 per cent) finance leaders are concerned about losing top performers, prompting many organisations to consider their retention strategies to keep their best and brightest on board,” it added.