Accounting & finance KSA Salary Guide 2020
As a crucial corporate function, the outlook for hiring in the accounting and finance sector is strong in Saudi Arabia, particularly for senior-level staff. Rising demand for talent as the government rolls out initiatives to expand the kingdom’s private sector. Mid-to-senior-level accounting and finance roles such as financial controller, finance director and CFO are especially in demand, as well as treasury, internal audit and risk, and candidates with project finance, debt raising, change management and IPO experience.
The top geographical areas from which candidates are being recruited are Saudi Arabia and the GCC,particularly those with prior experience of working in KSA, and dual-language Arabic-English speakers. Riyadh, as the capital city, the Eastern Province for heavy industries and manufacturing, and Jeddah for FMCG (fast-moving consumer goods) remain the top spots for hiring activity. In 2020, there is expected to be an increase in demand and hiring within the manufacturing and consumer goods industries, as well as more movement between public and semi-government entities and increased hiring of junior and mid- manager level Saudi nationals.
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Our data is based on several sources; successful assignments our firm have competed in 2019, undergoing appointments, daily interaction with hiring managers and mid to senior-level executives across the region. Our unique position enables Cooper Fitch to track the latest insights and trends in salary ranges.
Bonuses and other forms of remuneration, such as pension scheme and long-term incentives, are not taken into account, which varies significantly.
Cooper Fitch salary guide for accounting and finance functions within the Kingdom of Saudi Arabia in 2020. Our research covers core finance into small to medium enterprises to large local groups and multinationals, tax into industry, public sector and Big 4 accounting and finance roles.
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