Accounting & Finance S A L A R Y G U I D E
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1 Accounting & Finance AED (Gross monthly salaries excluding bonuses and education allowance, if applicable) Chief Financial Officer 75,000 55,000 90,000 Chief Accountant 18,000 14,000 22,000 Commercial Finance Manager 35,000 25,000 30,000 Credit Controller 22,000 15,000 30,000 Financial Controller, Domestic 34,000 25,000 38,000 Financial Controller, Regional 38,000 28,000 42,000 Financial Accountant 15,000 12,000 20,000 Finance Director, Domestic 45,000 40,000 55,000 Finance Director, Regional 55,000 45,000 65,000 Finance Manager 25,000 18,000 28,000 Senior Finance Manager 35,000 25,000 40,000 Financial Planning & Analysis Manager 28,000 25,000 35,000 Head of Accounting 35,000 28,000 40,000 Internal Auditor 16,000 12,000 22,000 Internal Audit Manager 28,000 24,000 40,000 Management Accountant / Financial Analyst 26,000 18,000 30,000 Newly Qualified Accountant (1-2 Years PQE) 18,000 14,000 20,000 Newly Qualified Accountant (3-4 Years PQE) 22,000 16,000 24,000 Project Accountant 18,000 15,000 20,000 Project Finance Manager 25,000 20,000 30,000 Senior Accountant 18,000 16,000 25,000 Tax Accountant 18,000 16,000 24,000 Tax Manager 30,000 25,000 40,000 Accountant, Transactional - AP & AR 10,000 6,000 15,000
2 Banking Asset Management & Investment 2015 S A L A R Y G U I D E Investment Banking & Private Equity AED (Gross monthly salaries including allowances and excluding bonus) Analyst 22,000 18,000 28,000 Senior Analyst 25,000 22,000 35,000 Associate 30,000 25,000 40,000 Senior Associate 35,000 30,000 45,000 Manager, Corporate Finance 40,000 35,000 50,000 Director / Vice President, Corporate Finance 70,000 65,000 85,000 Manager, Debt & Equity Capital Markets 45,000 40,000 55,000 Director / Vice President, DECM 75,000 65,000 90,000 Manager, Private Equity 50,000 40,000 55,000 Director / Vice President, Private Equity 70,000 65,000 85,000 Managing Director 85,000 75, ,000 Asset Management AED (Gross monthly salaries including allowances and excluding bonus) Analyst (Performance & Product) 20,000 16,000 25,000 Associate 25,000 20,000 30,000 Operations Analyst 18,000 15,000 25,000 Assistant Asset Manager 28,000 25,000 32,000 Sales & Placements 40,000 35,000 55,000 Asset / Fund Manager 35,000 30,000 45,000 Director, Asset Management 55,000 50,000 70,000 Vice President / HO, Asset Management 70,000 65,000 85,000 Global Markets & Treasury AED (Gross monthly salaries including allowances and excluding bonus) Research Analyst 18,000 15,000 25,000 Research Manager 28,000 25,000 35,000 Trader / Dealer 30,000 25,000 40,000 Chief Trader / Dealer 45,000 40,000 55,000 Sales Associate, FX & Equity 22,000 20,000 30,000 Sales Associate, Fixed Income & Derivatives 22,000 20,000 30,000 Treasury Manager 35,000 30,000 45,000 Product Manager 35,000 30,000 45,000 Vice President / HO Treasury 60,000 50,000 75,000 Vice President / HO Structured Product 65,000 55,000 85,000
3 Banking Compliance & Risk AED (Gross monthly salaries including allowances and excluding bonus) Compliance Analyst / Officer 18,000 15,000 22,000 Compliance Associate / AVP 25,000 22,000 30,000 Compliance Manager 30,000 25,000 40,000 Vice President / HO Compliance 50,000 40,000 65,000 Credit Risk Analyst / Officer 15,000 12,000 18,000 Credit Risk Associate / AVP 20,000 15,000 25,000 Credit Risk Manager 25,000 22,000 30,000 Vice President / HO Credit Risk 45,000 35,000 55,000 Market Risk Analyst / Officer 18,000 15,000 22,000 Market Risk Associate / AVP 22,000 18,000 30,000 Market Risk Manager 30,000 22,000 40,000 Vice President / HO Market Risk 45,000 35,000 55,000 Operational Risk Manager 30,000 25,000 35,000 Risk Analytics Manager 30,000 25,000 35,000 Enterprise Risk Management Manager 35,000 30,000 40,000
4 Banking Corporate & Retail Banking AED (Gross monthly salaries including allowances and excluding bonus) Relationship Manager 18,000 15,000 20,000 Senior Relationship Manager 22,000 18,000 25,000 Product & Operations Analyst 18,000 15,000 22,000 Head of Unit 25,000 22,000 30,000 Product Manager 28,000 22,000 35,000 Distribution & Channel Manager 28,000 22,000 35,000 Branch Manager 25,000 20,000 30,000 Collections & Recovery Manager 25,000 20,000 28,000 Director, Corporate Banking 45,000 40,000 55,000 Director, Retail Banking 50,000 45,000 65,000 Vice President / HO Corporate Banking 65,000 55,000 70,000 Vice President / HO Retail Banking 70,000 60,000 80,000 Vice President / HO Branch Network 70,000 65,000 75,000 Vice President / HO Alternate Channels 70,000 65,000 80,000 Vice President / HO Asset & Liabilities 70,000 65,000 75,000 Chief Executive Officer 100,000 90, ,000
5 Banking Finance & Operations (please refer also to Accounting & Finance Section) AED (Gross monthly salaries including allowances and excluding bonus) Trade Support, Associate / AVP 22,000 18,000 25,000 Statutory Accountant, Associate / AVP 20,000 18,000 30,000 Fund Accountant, Associate / AVP 25,000 22,000 35,000 Regulatory Accountant, Associate / AVP 20,000 18,000 30,000 Product Controller, Associate / AVP 25,000 22,000 35,000 Vice President / HO Product Control 35,000 25,000 45,000 Finance Manager 25,000 20,000 35,000 Custody, Associate / AVP 30,000 25,000 40,000 Fund Administration, Associate / AVP 25,000 20,000 30,000 MIS Manager 25,000 22,000 35,000 Internal Auditor 25,000 22,000 35,000 Internal Audit Manager 35,000 30,000 50,000 Chief Financial Officer 75,000 65, ,000 Chief Operations Officer 70,000 65, ,000
6 Construction Acquisitions Manager 30,000 25,000 35,000 Assistant Development Manager 45,000 30,000 50,000 Assistant Project Manager 25,000 15,000 35,000 Associate 50,000 40,000 65,000 Associate Director (PQS) 58,000 50,000 64,000 CEO 100,000 80, ,000 Civil / Structural Engineer 30,000 15,000 40,000 Commercial Director 60,000 40,000 75,000 Commercial Manager 42,000 35,000 60,000 Construction Manager 35,000 20,000 50,000 Contracts Manager 50,000 30,000 70,000 Cost Manager (PQS) 35,000 25,000 55,000 Design Manager 35,000 25,000 50,000 Development Director 65,000 50,000 80,000 Development Manager 45,000 35,000 60,000 Director (PQS) 60,000 45,000 80,000 Facilities Coordinator 10,000 8,000 12,000 Facilities Manager 28,050 22,000 35,000 General Manager / VP 75,000 55, ,000 Head of Planning Department 50,000 45,000 60,000 Head of Corporate Real Estate 47,050 35,000 60,000 HSE Director 55,000 45,000 80,000 HSE Manager 40,000 35,000 50,000 HSE Officer 14,000 10,000 20,000 Interior Designer 30,000 15,000 40,000 Infrastructure Manager 55,000 45,000 65,000 Junior Architect 15,000 10,000 20,000 Junior Quantity Surveyor 15,000 10,000 25,000 Landscape Architect 25,000 15,000 35,000 Leasing Executive 18,000 15,000 25,000 Leasing Manager 27,000 20,000 37,000 MEP Manager 35,000 30,000 45,000 MEP Coordinator 18,000 13,000 25,000 MEP Design Manager 35,000 25,000 40,000 MEP Project Manager 35,000 22,000 45,000 Operations Manager 45,000 30,000 60,000 Partner 75,000 65,000 90,000 Planning Engineer 26,000 15,000 35,000 Planning Manager 38,000 25,000 50,000 Principal 60,000 40,000 80,000
7 Construction Project Director 65,000 25,000 85,000 Project Manager 40,000 25,000 60,000 Property Manager 30,000 25,000 50,000 QA / QC Engineer 14,000 10,000 18,000 Quantity Surveyor 25,000 20,000 35,000 Resident Engineer: Entry Level 18,000 12,000 30,000 Senior Architect 40,000 25,000 50,000 Senior Civil / Structure Engineer 35,000 20,000 45,000 Senior Development Manager 60,000 50,000 75,000 Senior Interior Designer 35,000 20,000 45,000 Senior Project Manager 45,000 35,000 60,000 Senior Resident Engineer 35,000 25,000 55,000 Site Manager 35,000 20,000 45,000 Town Planner 20,000 15,000 25,000 Transport Manager 25,000 20,000 30,000 Urban Designer 55,000 45,000 65,000
8 Facilities Management Administrator / Coordinator 10,000 8,000 12,000 Engineer 15,000 10,000 22,000 Supervisor 12,000 8,000 14,000 Assistant Manager 22,000 18,000 26,000 FM Manager 27,000 22,000 35,000 Area Manager / Senior FM 31,000 25,000 37,000 Operations / Mobilisation Manager 37,500 30,000 45,000 FM Director / Head of FM 47,500 35,000 60,000 Corporate Real Estate Manager 45,000 35,000 55,000 Chief Engineer 34,000 18,000 50,000 Technical Services Director 52,500 35,000 70,000 FM Infrastructure 30,000 22,000 40,000
9 Hospitality Hotels 4* - 5* AED (Basic salaries only) General Manager 45,000 25,000 70,000 Hotel Manager 30,000 20,000 40,000 Executive Assistant Manager 22,000 15,000 30,000 Director of F&B 19,000 15,000 28,000 Director of Rooms 19,000 15,000 28,000 Executive Housekeeper 17,000 13,000 22,000 Food & Beverage Manager 15,000 10,000 22,000 Outlet Manager 10,000 8,000 14,000 Restaurants AED (All inclusive package) General Manager 50,000 25,000 70,000 Country Manager 40,000 25,000 50,000 Operations Manager 30,000 20,000 40,000 Multi-site Manager 25,000 18,000 30,000 Restaurant Manager 18,000 10,000 30,000 Average Low Catering AED (All inclusive package) High General Manager 35,000 25,000 70,000 Operations Manager 25,000 18,000 40,000 Catering Manager 20,000 12,000 30,000 Average Low Chefs AED (All inclusive package) High Executive Chef 25,000 15,000 35,000 Chef de Cuisine 20,000 14,000 30,000
10 Human Resources HR Director 65,000 45,000 80,000 HR Manager 35,000 28,000 45,000 Assistant HR Manager 23,000 18,000 28,000 HR Officer 16,000 12,000 19,000 HR Executive / Administrator / Coordinator 13,000 11,000 16,000 Emiratisation Manager 40,000 28,000 55,000 Recruitment Manager 33,000 25,000 40,000 Recruitment Specialist 20,000 15,000 25,000 Compensation & Benefits Manager 40,000 28,000 45,000 Compensation & Benefits Specialist 25,000 18,000 30,000 Training & Development Manager 35,000 25,000 40,000 Trainer 20,000 17,000 25,000
11 IT & Telecommunications Average Low Technical High ERP Consultant (SAP / Oracle) 20,000 15,000 30,000 Business Analyst 22,000 15,000 27,000 Business Intelligence Consultant 25,000 20,000 30,000 Data Centre Manager 32,000 22,000 40,000 DBA 20,000 16,000 25,000 Developer 14,000 9,000 20,000 System Administrator 13,000 10,000 17,000 Head of IT 50,000 40,000 60,000 Helpdesk 10,000 6,000 15,000 IT Manager 30,000 20,000 40,000 IT Security Analyst 20,000 15,000 25,000 Programme Manager 45,000 40,000 55,000 Project Manager 35,000 20,000 45,000 Network / Infrastructure Engineer 15,000 12,000 20,000 Solutions Architect 45,000 35,000 55,000 Support Engineer 15,000 10,000 25,000 Service Desk Manager 25,000 18,000 35,000 Sales Regional Sales Manager 35,000 30,000 40,000 Senior Sales Manager 25,000 20,000 30,000 Account Executive 20,000 18,000 25,000 Business Development Manager 22,000 20,000 26,000
12 Legal Average Low Magic Circle PP High Legal Secretary 21,250 17,500 25,000 Legal Marketer (Executive) 22,000 18,000 26,000 Legal Marketer (Manager) 32,500 30,000 35,000 Paralegal 23,000 20,000 26, Years PQE 34,000 31,000 37, Years PQE 42,000 40,000 46, Years PQE 54,000 50,000 58, Years PQE 70,000 60,000 80,000 Partner ** ** ** Average Low International PP High Legal Secretary / PA 18,500 17,000 20,000 Legal Marketer (Executive) 23,000 22,000 24,000 Legal Marketer (Manager) 31,000 30,000 32,000 Paralegal 19,000 16,000 22, Years PQE 32,000 29,000 35, Years PQE 42,000 40,000 46, Years PQE 50,000 45,000 55, Years PQE 60, Partner ** ** ** Bilingual Candidates (Arabic & English with a common law qualification are highly sought after & this is reflected in remuneration ** Equity Partners salaries vary ***Partners are seldom hired externally
13 Legal Average Low Regional PP High Legal Secretary / PA 17,000 14,000 20,000 Legal Marketer (Executive) 18,500 16,000 21,000 Legal Marketer (Manager) 31,500 30,000 33,000 Paralegal 17,000 15,000 20, Years PQE 25,000 20,000 30, Years PQE 35,000 30,000 40, Years PQE 45,000 40,000 50, Years PQE 51, Partner *** *** *** Bilingual Candidates (Arabic & English with a common law qualification are highly sought after & this is reflected in remuneration ** Equity Partners salaries vary ***Partners are seldom hired externally
14 Legal Average Low In House High Paralegal 25,000 20,000 30,000 Junior Legal Counsel 1-2 Years Experience 22,500 20,000 28,000 Mid Level Legal Counsel 3-5 Years Experience 35,000 30,000 45,000 Mid Level Legal Counsel 6+ Years Experience 53,000 45,000 55,000 Head of Legal / General Counsel 60,000 50,000 70,000 Bilingual Candidates (Arabic & English with a common law qualification are highly sought after & this is reflected in remuneration ** Equity Partners salaries vary ***Partners are seldom hired externally
15 O&G Drilling Contractors Drilling - Onshore S A L A R Y G U I D E US Dollars Day Rate Rig Manager 1, ,300 Toolpusher ,100 Driller Assistant Driller Maintenance Supervisor Chief Mechanic / Electrician Rig Mechanic / Electrician Drilling - Offshore US Dollars Day Rate OIM / Rig Manager 1,600 1,000 2,000 Senior Toolpusher 1, ,800 Toolpusher 1, ,500 Driller 1, ,200 Assistant Driller ,000 Maintenance Supervisor 1, ,600 Chief Mechanic / Electrician ,200 Rig Mechanic / Electrician ,000
16 Oil & Gas CEO 100,000 60, ,000 Engineering Manager (FEED / EPC) 45,000 35,000 55,000 Proposals Engineer 25,000 20,000 35,000 Lead Mechanical Rotating Equipment 30,000 25,000 40,000 Engineer (FEED / EPC) Lead Electrical & Instrumentation Engineer 30,000 25,000 40,000 (FEED /EPC) Lead Process Engineer (FEED / EPC) 30,000 25,000 40,000 HSE Manager 35,000 30,000 45,000 HSE Officer 15,000 10,000 20,000 Estimation Engineer 30,000 25,000 38,000 Piping Design Engineer 27,000 23,000 35,000 Operations Manager 45,000 35,000 55,000 Project Director 68,000 55,000 85,000 Project Manager 45,000 30,000 55,000 QA / QC Engineer 18,000 10,000 25,000
17 Professional Support Administration Support 12,000 10,000 15,000 Administration Manager 23,000 15,000 32,000 Junior Executive Assistant 15,000 12,000 18,000 Senior Executive Assistant 22,000 18,000 30,000 Office Administrator 14,000 12,000 16,000 Office Manager 22,000 18,000 30,000 Personal Assistant 18,000 16,000 25,000 Project Administrator 14,000 12,000 18,000 Junior Receptionist 8,000 7,000 12,000 Senior Receptionist / Administrator 12,000 10,000 15,000 Secretary 14,000 12,000 18,000 Team Assistant 16,000 12,000 18,000
18 Rail Infrastructure Design Manager Rolling Stock 28,000 20,000 40,000 Maintenance Engineer 28,000 19,000 36,000 Signalling Design Engineer 35,000 20,000 60,000 Construction & Installation Manager 50,000 38,000 60,000 Signalling Test & Commissioning 32,000 25,000 40,000 Structural Designer Transport Infrastructure 25,000 18,000 45,000 Project Engineer Transport Infrastructure 30,000 21,000 47,000 Bid / Proposals Manager 43,000 29,000 55,000 Project Planner 42,000 25,000 55,000 Project Controls Manager 65,000 40,000 80,000 Systems Safety & Assurance Engineer 50,000 38,000 66,000 Consultant Rail Operations 50,000 42,000 65,000 Asset Manager 38,000 28,000 55,000 Business Development Manager 55,000 38,000 65,000
19 Retail Average Low Development - Luxury High Head of Buying 52,500 45,000 60,000 Senior Buyer 32,500 25,000 40,000 Buyer 22,500 17,000 28,000 Assistant Buyer 16,500 11,000 22,000 Head of Planning / Merchandising 57,500 40,000 75,000 Planning Manager 30,000 25,000 35,000 Assistant Planning Manager / Senior 27,500 23,000 32,000 Merchandiser Merchandiser 20,000 15,000 25,000 Development Premium / High Street Head of Buying 41,500 35,000 48,000 Senior Buyer 22,500 15,000 30,000 Buyer 16,000 12,000 20,000 Assistant Buyer 10,500 8,000 13,000 Head of Planning / Merchandising 36,500 28,000 45,000 Planning Manager 24,000 20,000 28,000 Assistant Planning Manager / Senior 21,500 18,000 25,000 Merchandiser Merchandiser 11,500 8,000 15,000
20 Retail Average Low Sales - Luxury High Head of Retail Operations 51,000 37,000 65,000 Retail Operations Manager 30,000 25,000 35,000 Brand Manager 32,500 23,000 42,000 Area / District Manager 29,500 22,000 37,000 Store Manager 29,000 18,000 40,000 Assistant Store Manager 25,000 15,000 35,000 Department Manager 20,000 12,000 28,000 Sales Associate 13,500 9,000 18,000 Head of Visual Merchandising 33,000 26,000 40,000 Visual Merchandiser Manager 29,500 24,000 35,000 Visual Merchandiser 13,000 11,000 15,000 Average Low Sales Premium / High Street High Head of Retail Operations 38,500 35,000 42,000 Retail Operations Manager 24,000 20,000 28,000 Brand Manager 25,000 18,000 35,000 Area / District Manager 22,500 15,000 30,000 Store Manager 14,000 10,000 18,000 Assistant Store Manager 10,500 8,000 13,000 Sales Associate 7,500 5,000 10,000 Head of Visual Merchandising 24,000 20,000 28,000 Visual Merchandiser Manager 20,000 15,000 25,000 Visual Merchandiser 9,000 6,000 12,000
21 Sales & Marketing Key Account Manager 20,000 15,000 30,000 Business Development Executive 16,000 12,000 20,000 Business Development Manager 25,000 18,000 35,000 Business Development Director 55,000 40,000 65,000 Graphic Designer Creative / Digital 18,000 10,000 22,000 Creative Director 45,000 30,000 60,000 Copywriter 20,000 15,000 30,000 Marketing Director 45,000 35,000 70,000 Marketing Executive 15,000 10,000 20,000 Marketing Manager 30,000 20,000 40,000 Media Planner 25,000 18,000 30,000 PR / Events / Communications Executive 15,000 12,000 20,000 PR / Events / Communications Manager 32,000 22,000 45,000 PR / Events / Communications Director 50,000 40,000 75,000 Sales Executive 16,000 12,000 20,000 Sales Manager 25,000 18,000 35,000 Sales Director 55,000 40,000 65,000 Sales Vice President 75,000 60,000 90,000 Digital Marketing Executive 18,000 15,000 22,000 Digital Marketing Manager 30,000 20,000 40,000 Content Manager 25,000 18,000 30,000 Social Media Executive 15,000 12,000 20,000 Social Media Manager 20,000 15,000 25,000 Head of Digital 35,000 25,000 50,000 Head of Marketing 55,000 40,000 65,000 VP of Marketing 70,000 60,000 80,000 Chief Marketing Officer 95,000 80, ,000 Creative Lead 16,000 12,000 20,000 Trade Marketing Executive 16,000 12,000 20,000 Trade Marketing Manager 22,000 18,000 25,000 Brand Manager 25,000 20,000 35,000
22 Logistics & Supply Chain COO 60,000 45,000 70,000 Distribution Manager 27,000 20,000 35,000 Factory Manager 40,000 30,000 50,000 General Manager Logistics / Manufacturing 45,000 35,000 60,000 Logistics Coordinator 12,000 8,000 16,000 Demand Planner / Supply 18,000 12,000 22,000 Logistics Manager 20,000 16,000 35,000 Logistics Operations Executive 12,000 10,000 15,000 Operations Manager Logistics 30,000 25,000 40,000 Transport Manager 27,000 22,000 35,000 Warehouse Manager 20,000 15,000 30,000 Warehouse Operative 8,000 6,000 10,000 Warehouse Supervisor 16,000 10,000 20,000 Buyer / Strategic Buyer 14,000 12,000 16,000 Contracts Manager 40,000 30,000 50,000 Inventory Controller 10,000 8,000 15,000 Inventory Manager 16,000 12,000 20,000 Procurement / Supply Chain Director 55,000 50,000 70,000 Procurement Manager 40,000 20,000 50,000 Purchasing Assistant 12,000 8,000 15,000 Purchasing Manager 25,000 18,000 40,000 Quality Assurance Manager 25,000 20,000 35,000 Senior Buyer 20,000 18,000 25,000 Senior Procurement Officer 22,000 20,000 24,000 Strategic Sourcing Manager 30,000 25,000 45,000 Supply Chain Coordinator 15,000 12,000 18,000 Supply Chain Manager 30,000 20,000 40,000
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