Job Description

Roles & Responsibilities

Who We Are

We help to create icons. We help to build marvels. Our products feature in some of the most iconic buildings in the world.

RAK Ceramics is one of the largest ceramics brands globally, specializing in ceramic and gres porcelain wall and floor tiles, sanitaryware, faucets, and tableware. Headquartered in the United Arab Emirates, we serve clients in over 150 countries through operational hubs in Europe, the Middle East and North Africa, Asia, North & South America, and Australia.

With over 12,000 employees from 40+ nationalities, we are a truly global and diverse organization. RAK Ceramics is publicly listed on the Abu Dhabi Securities Exchange (ADX) and the Dhaka Stock Exchange.

The Role

We are looking for an Accounts Executive (Payable) to independently manage and execute all import and export trade finance activities for the company. The role ensures accurate processing, compliance with banking regulations, seamless coordination with internal stakeholders, and proper documentation and accounting in SAP.

This position plays a critical role in supporting our procurement, logistics, and treasury operations by ensuring timely and compliant handling of all trade finance instruments.

What You Will Be Doing

Letters of Credit (LC) - Import & Local

Manage end-to-end processing of Import and Local LCs, including issuance and amendments
Ensure LC terms accurately reflect Purchase Orders (quantity, Incoterms, prices, shipment period, tolerance, partial shipment, etc.)
Track expiry and utilization, and initiate required amendments
Process document acceptance and highlight discrepancies to the Purchase team

Bank Guarantees (BG)

Handle issuance, amendments, and cancellation of Performance, Advance, and Financial Guarantees
Track validity, commission charges, and expiry of all guarantees

Document Handling & Clearance

Coordinate daily with banks for Arrival Advice and shipping documents
Release documents to Purchase/Logistics for customs clearance
Manage signatory approvals and ensure timely release of all documents

SAP FI / TRM Entries & Reconciliations

Create and book all trade finance deals in SAP (LC, DA/DP, BG transactions)
Post payments for sight/usance documents, LC settlements, bank charges, and guarantee fees
Reconcile bank charges against tariff; follow up for refunds if required
Post and reconcile export-related charges and transactions

Funds Management

Coordinate with Treasury for timely fund arrangement for LC maturities and sight payments
Track due dates of DA documents and ensure timely settlement

Export Trade Finance

Handle export documentation, negotiation, and booking of charges
Coordinate with customers and banks for document acceptance and payment realization

VAT & Compliance

Ensure timely collection and booking of VAT invoices from banks
Comply with internal controls, bank policies, and regulatory requirements

MIS & Reporting

Prepare weekly and monthly MIS reports on LC, DA/DP, BG, and bank charges
Maintain accurate trackers for all trade finance instruments

Desired Candidate Profile

What We Are Looking For

Some of the key competencies required for the role include:

Functional

Strong technical knowledge of Trade Finance operations
Excellent understanding of UCP 600, ISBP, URC 522, and Incoterms
Strong SAP FI skills (TRM is an advantage)
Strong documentation accuracy, coordination, and follow-up capability

Behavioural

Detail-oriented with strong accuracy in financial data handling
Organized and able to manage multiple tasks
Good communication and coordination skills
Proactive and dependable, with a strong sense of ownership

Our Ideal Match

Bachelor's degree in Finance, Accounting, or Commerce (mandatory)
5-7 years of hands-on experience in Trade Finance operations within a manufacturing or trading environment
Experience managing LCs, BGs, import/export documents, and SAP-related postings
Strong understanding of banking procedures and regulatory compliance

RAK Ceramics is an Equal Opportunity Employer.

We do not discriminate on the basis of race, colour, religion, gender, nationality, disability, age, or marital status.

Trade Finance Executive RAK CERAMICS PJSC

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