Accounting & finance hiring trends 2017
The Robert Walters Global Salary Survey for 2017 contains recruitment market updates, hiring advice and benchmarks salaries across our global markets.
Here we discuss the outlook for the accounting & finance sector in the Middle East.
2016 recruitment market
Hiring was flat in 2016 but we anticipate that the market will move in a more positive direction in 2017.
This is partly a result of large organisations opening shared service centres which will drive an increase in core finance and accounting hires.
Roles such as financial planning and analysis managers, finance business partners, as well as senior tax professionals, will be in high demand as the GCC prepares for the introduction of VAT in 2018.
Despite the lower oil price there was considerable growth in 2016 within certain diversified industries, such as governmental entities, IT, digital, media, consulting firms, F&B and FMCG. These sectors were relatively unaffected by the region’s negative economic factors as their fortunes are less dependent on the price of oil and the overall state of the Dubai economy, and we expect them to grow further throughout 2017.
2017 salary expectations
Salaries across the GCC stagnated in 2016 and professionals were more cautious about moving jobs. We expect this trend to continue in 2017.
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