International Finance Business Partner

Company not disclosed

Dubai, United Arab Emirates
Salary not specified
Posted
Full-time
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Job Description

JOB PURPOSE The International Finance Business Partner is responsible for supporting the day-to-day finance and accounting activities of international offices, including accounts payable, accounts receivable, financial reporting, reconciliations, budgeting, cash management, compliance, and financial analysis. The role serves as a key finance contact for international offices, internal stakeholders, banks, auditors, vendors, and external service providers, ensuring accurate, timely, and compliant financial operations across multiple jurisdictions. The position will perform hands-on finance activities while supporting the Finance Manager in strengthening financial controls, improving processes, and providing reliable financial information for management decision-making. KEY RESPONSIBILITIES: International Finance Operations & Accounting - Manage day-to-day finance and accounting activities for assigned international offices. - Ensure accurate and timely recording of financial transactions in accordance with applicable accounting standards, policies, and procedures. - Process journals, accruals, prepayments, provisions, intercompany transactions, and general ledger activities. - Maintain accurate accounting records and coordinate with international offices and external accounting providers. - Monitor finance activities and identify issues requiring management attention. - Ensure consistent application of finance policies and procedures. Accounts Payable & Vendor Management - Manage the end-to-end accounts payable process, including invoice verification, coding, approvals, posting, and payments. - Review invoices against purchase orders, contracts, and supporting documentation. - Monitor outstanding invoices, payment schedules, supplier balances, and aged payables. - Resolve invoice and payment issues with vendors and internal stakeholders. - Coordinate vendor-related matters with Procurement and business teams. - Perform supplier reconciliations and ensure appropriate treatment of VAT/GST, withholding taxes, and applicable charges. Accounts Receivable & Revenue - Manage accounts receivable activities, including invoicing, collections, receipts, and reconciliations. - Monitor overdue balances and follow up with relevant stakeholders and customers. - Investigate discrepancies between invoices, receipts, customer balances, and accounting records. - Prepare ageing reports, highlight collection risks, and support initiatives to improve working capital. Financial Reporting & Analysis - Prepare monthly, quarterly, and annual financial reports for international offices. - Prepare management reports covering expenditure, budgets, variances, cash positions, receivables, and payables. - Analyze financial performance and significant budget/forecast variances. - Provide explanations and recommendations to management. - Consolidate and validate financial information from international offices and external accounting providers. - Support financial statements, reporting packages, and ad hoc financial analysis. Budgeting, Forecasting & Financial Planning - Support annual budgets and periodic forecasts for international offices. - Coordinate with office managers and stakeholders to obtain budget assumptions and expenditure requirements. - Monitor actual expenditure against approved budgets and provide variance analysis. - Support the Finance Manager in forecasting potential cost pressures and savings opportunities. - Ensure financial commitments remain aligned with approved budgets and organizational priorities. Cash Management & Banking - Monitor cash balances and liquidity requirements across international offices. - Coordinate funding requirements with international offices and the Finance Manager. - Review banking activities and perform regular bank reconciliations. - Coordinate with local and international banks on payments, documentation, and account administration. - Support foreign currency transactions and monitor foreign exchange impacts. - Identify and escalate potential cash flow issues. Reconciliations & Financial Controls - Perform bank, supplier, customer, intercompany, balance sheet, and general ledger reconciliations. - Investigate and resolve outstanding and reconciling items. - Review accounting entries and supporting documentation for accuracy and compliance. - Support implementation and monitoring of financial controls. - Identify control weaknesses, financial risks, and process gaps and recommend corrective actions. - Maintain adequate supporting documentation for transactions and audit purposes. Tax, Regulatory Compliance & Audit - Support compliance with applicable accounting, tax, VAT/GST, withholding tax, statutory reporting, and other financial requirements. - Coordinate with external accountants, tax advisors, auditors, and professional service providers. - Support preparation of statutory financial and tax-related information. - Support internal and external audits and implementation of agreed corrective actions. - Monitor changes in financial and tax requirements affecting international offices. Intercompany & International Transactions - Process and reconcile transactions between headquarters and international offices. - Monitor intercompany balances and ensure timely settlement. - Support cross-border funding, recharges, cost allocations, and related documentation. - Coordinate foreign currency, transfer pricing, and other cross-border finance matters where applicable. Finance Systems, Data & Process Improvement - Maintain accurate financial information within ERP and finance systems. - Support finance system enhancements and automation initiatives. - Identify opportunities to automate manual processes and improve reporting and controls. - Support financial data quality and consistency across systems. - Develop finance templates, trackers, reconciliations, dashboards, and reporting tools. - Contribute to continuous improvement of international finance processes. Stakeholder & Service Provider Management - Act as a key finance contact for international office managers and business stakeholders. - Provide guidance on accounting, payments, budgeting, reporting, and other financial matters. - Coordinate with accountants, auditors, tax advisors, banks, payroll providers, and other service providers. - Monitor service provider performance against agreed deliverables and timelines. - Maintain effective relationships with stakeholders across different jurisdictions and time zones. - Escalate significant financial, operational, compliance, or control issues to the Finance Manager. QUALIFICATION & EXPERIENCE: - Bachelor’s degree in Accounting, Finance, Business Administration, or a related field. - Professional accounting qualification, or progress toward ACCA, CPA, CMA, or equivalent, is preferred. - Minimum 5–8 years of experience in accounting, finance operations, financial reporting, or a similar finance role. - Experience supporting multiple entities, branches, subsidiaries, or international offices is highly desirable. - Strong practical experience in Accounts Payable, Accounts Receivable, General Ledger, reconciliations, and financial reporting. - Experience in budgeting, forecasting, variance analysis, and management reporting. - Experience dealing with auditors, accountants, tax advisors, banks, and financial service providers. - Experience with ERP and financial reporting systems; Oracle Fusion or similar ERP experience is preferred. - Good understanding of accounting principles, internal controls, and financial processes. - Knowledge of international accounting, taxation, VAT/GST, and cross-border transactions is an advantage. - Strong Excel and financial data analysis skills. - Experience working with geographically dispersed teams and stakeholders across different countries and time zones is preferred.

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