As we see regional business and our clients becoming more in tune with Human
Resource and recruitment issues, Charterhouse’s position as a leading finance
recruiter is becoming increasingly apparent. Finance and Accountancy
recruitments within the Middle East have become heavily regionalised; a process
whereby corporates are accessing the increasing pools of talent that exists
within the region’s markets. This could be compared to historical recruitment
drives which may have involved large multinationals recruiting from Europe or
through their global network.
Regional experience continues to be a desirable attribute for potential
employers as more international operations are establishing in parts of the
Middle East; the exposure to the Middle Eastern work culture and environment is
becoming an increasingly important requirement. In line with this, businesses
are also becoming increasingly aware of the need for diversity, whereby
organisations are keen to hire a true representation of the demographics of the
region. The need for Arabic speaking candidates has become more prevalent across
the UAE, especially in Abu Dhabi, where Arabic is often used in conjunction with
English as the language of business.
With the expansion and diversification of the Middle East economies the
opportunities for finance professionals continues to grow, this coupled with
further liberalisation of the labour markets has increased the mobility of
labour across the region. As this continues, we expect to see emerging markets
across the rest of the GCC, especially in Saudi Arabia. Further afield we expect
to see markets develop in the Lebanon, Jordan and Egypt, as development
programmes often sponsored by GCC funds take effect and stimulate the economies.
Finance is a generic function and subsequently our client base is very diverse
within this area of the Charterhouse business. All organisations require a
finance team and our client base reflects this both in terms of numbers and
type, this is also reflected in the range of functional coverage listed below.