Fund Accountant Job Description UAE 2025
A Fund Accountant in UAE earns between AED 96,000 and AED 192,000 per year. The role calculates NAV, prepares fund financial statements, and manages investor reporting for UAE-domiciled funds regulated by the DFSA or ADGM FSRA. ACCA or CPA qualification is preferred.
Fund Accountant in UAE — Key Facts
The Fund Accountant role in UAE operates under employment contracts governed by Federal Decree-Law No. 33 of 2021. The Ministry of Human Resources and Emiratisation (MoHRE) regulates all mainland employment. ADGM, DIFC, and free zone employees are subject to their respective authority employment regulations. Salaries stated are benchmarked to the UAE market as of April 2025.
All employment contracts in the UAE must comply with Federal Decree-Law No. 33 of 2021. Fund Accountant roles in mainland UAE require Ministry of Human Resources and Emiratisation (MoHRE) approved contracts. End-of-service gratuity is calculated at 21 days per year of service for the first 5 years and 30 days per year thereafter.
Frequently Asked Questions
What does a Fund Accountant earn in UAE?
A Fund Accountant in UAE earns AED 96,000–192,000 per year. Roles in Abu Dhabi government-linked organisations and large multinational corporations pay at the upper end. Free zone and private sector roles pay at the lower to mid range.
What experience does a Fund Accountant need in UAE?
UAE employers require 3–7 years of relevant experience for Fund Accountant positions. Candidates with professional qualifications (IWFM, NEBOSH, RICS, or equivalent) and UAE or GCC market experience are preferred.
How does RFS recruit Fund Accountants?
RFS sources Fund Accountant candidates from its UAE facilities management network. A shortlist of 3 to 5 pre-screened candidates is delivered within 48 to 72 hours. The retained search fee is 15 to 18 percent of first-year total compensation.
What a Fund Accountant does in UAE
A Fund Accountant in UAE manages the accounting, NAV calculation, and reporting for investment funds domiciled or administered in the UAE, particularly DIFC and ADGM, ensuring compliance with DFSA and FSRA fund accounting rules and IFRS standards. You work for an asset manager, fund administrator, or custodian and ensure investors receive accurate and timely fund valuations.
Key responsibilities
- Calculate daily or periodic net asset values (NAV) for DIFC or ADGM-domiciled funds
- Reconcile fund positions, cash accounts, and income with prime brokers and custodians
- Prepare IFRS-compliant financial statements for fund entities under DFSA or FSRA regulations
- Process fund subscriptions, redemptions, and distribution calculations accurately
- Manage accruals for management fees, performance fees, and fund expenses
- Produce monthly investor statements, capital account statements, and fund reports
- Support external audit processes for fund financial statements
- Maintain fund accounting records in fund administration platforms (Geneva, InvestOne, or Advent)
- Prepare regulatory returns for DFSA or FSRA fund oversight submissions
- Reconcile between fund accounting records and investment management system positions
Qualifications required
- Bachelor’s degree in accounting or finance
- ACCA, ACA, or CPA qualification preferred
- 3 to 7 years fund accounting experience with at least 2 years in DIFC or ADGM fund administration
- Knowledge of DFSA Collective Investment Law and FSRA fund regulation
- Proficiency in fund accounting platforms (Geneva, Advent APX, InvestOne, or SS&C Dimension)
- Strong IFRS knowledge for investment fund financial statement preparation
- Experience with equity, fixed income, sukuk, and real estate fund accounting preferred
- Arabic language skills an advantage for UAE investor reporting
Fund Accountant salary by employer type in UAE
| Employer type | Annual salary (AED) |
|---|---|
| DIFC-licensed fund manager or administrator | 180,000–320,000 |
| ADGM-licensed asset manager or family office | 190,000–340,000 |
| Global custodian or fund administrator UAE office | 170,000–310,000 |
| Islamic asset manager (UAE) | 180,000–320,000 |
Contract terms for this role in UAE
Fund Accountant roles carry a 30-day notice period standard in UAE. Federal Decree-Law No. 33 of 2021 applies to your end-of-service gratuity at 21 days basic salary per year for the first five years.
Hire a Fund Accountant in UAE or Saudi Arabia
RFS delivers a shortlist of pre-screened Fund Accountant candidates in 48 to 72 hours. Retained search fee: 15 to 18 percent of first-year total compensation. 6-month replacement guarantee.
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UAE Market Data — Fund Accountant 2025
Salary Range (AED/month)
AED 10,000 – 72,000 (varies by seniority)
Tax-free. Source: Michael Page UAE 2026, Indeed UAE 2025
Industry
Finance — UAE & GCC
Required Certifications (UAE Market)
CPA / ACCA / CFA for senior roles. CIA for audit. FRM for risk. CAMS/ACAMS for compliance.
UAE-Specific Regulatory Skills
CBUAE regulatory reporting, UAE VAT (FTA portal), UAE Corporate Tax (June 2023), WPS compliance, IFRS standards, DFSA Approved Person for DIFC roles.
RFS HR Consultancy places fund accountant professionals across Dubai, Abu Dhabi, and the wider UAE and GCC. View our finance and banking recruitment agency Dubai or check the finance and banking salary guide UAE 2025.
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