25-Year-Old Accounting and finance Graduate from Canada Seeking Insights
Hello, everyone!
MY QUESTION: For finance and Audit professionals currently working in the UAE, what are the job prospects for a 25/26-year-old Canadian university graduate with CIA and CISA certifications, experience at a Big 4 firm, and a US CPA designation?
BACKGROUND INFORMATION: I graduated in April 2021 with a degree in Accounting and finance from Brock University in Canada. From the start of my university journey, my goal was to earn my Chartered Professional Accounting (CPA) designation. However, as I neared graduation, I wanted to broaden my skill set. Shortly after completing my degree, I decided to study for the Certified Internal Auditor (CIA) exam and the Certified Information Systems Auditor (CISA) exam, putting my CPA ambitions on hold for the time being.
In August, I relocated to Pakistan for personal reasons and began a role in IT Audit with a Big 4 Audit firm. Although my background is in accounting and finance, I was drawn to IT audit and believed it would be a valuable addition to my experience, particularly in light of evolving industry trends. This position further fueled my interest in IT audit, especially in IT General Controls (ITGCs), motivating me to pursue both my CIA and CISA certifications.
I sat for Part 1 of the CIA exam in October and scored 594 points, just shy of the passing mark of 600. While I was initially disheartened, I chose to refocus my efforts on preparing for both Part 1 and Part 2, and I am now highly motivated to succeed in the upcoming exams.
My goal is to complete both my CIA and CISA certifications while gaining more experience in IT and internal audit at a Big 4 firm. In the next year or two, I plan to relocate to the UAE. Regarding my CPA, I intend to pursue that designation in the USA, as I am eligible as a Canadian citizen, and hope to pass the required four exams in the next year or so.
Any advice or insights on the job market in the UAE would be greatly appreciated!
One response
Hello!
It sounds like you’ve crafted a well-thought-out plan for your career, and your diverse background in Accounting, finance, and IT Audit, combined with your certifications, puts you in a strong position for opportunities in the UAE.
Scope in the UAE Market:
High Demand for Professionals: The UAE, particularly cities like Dubai and Abu Dhabi, has a booming finance and Audit sector with a high demand for skilled professionals. Your Big 4 experience is particularly valuable, as firms in the region often prefer candidates with such backgrounds.
Certifications Matter: Your CIA and CISA certifications are highly regarded in the UAE, especially as companies increasingly focus on compliance and risk management, especially with regard to IT and cybersecurity.
Networking Opportunities: Leverage professional networks, both online (like LinkedIn) and through local professional organizations in the UAE. Networking can often open doors that job applications alone might not.
Cultural Fit and Experience: Having worked in Pakistan, you likely have a good understanding of regional business practices, which will be beneficial. Research the local culture and business environment in the UAE, as cultural fit can be an important factor for employers.
Plan for the Future: Completing your CPA alongside your CIA and CISA will undoubtedly enhance your profile further. Employers in the UAE often value a global perspective, and holding certifications from both Canada and the U.S. can make your resume stand out.
Timing Your Move: Given your plans to accumulate more experience in IT Audit, moving to the UAE after gaining substantial experience could be advantageous. It indicates to employers that you are committed to your professional development and can bring diverse experiences to their teams.
In conclusion, with your educational background, Big 4 experience, and ambition, you have a strong foundation for finding job opportunities in the UAE. Stay focused on completing your certifications, continue building your professional network, and remain adaptable to the market’s needs. Best of luck on your journey!