Accounts Executive

About the Job 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 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 the timely and compliant handling of all trade finance instruments. What You Will Be Doing Letters of Credit (LC) – Import & LocalManage 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 teamBank Guarantees (BG)Handle issuance, amendments, and cancellation of Performance, Advance, and Financial Guarantees Track validity, commission charges, and expiry of all guaranteesDocument Handling & ClearanceCoordinate daily with banks for Arrival Advice and shipping documents Release documents to Purchase/Logistics for customs clearance Manage signatory approvals and ensure the timely release of all documentsSAP FI / TRM Entries & ReconciliationsCreate 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 transactionsFunds ManagementCoordinate with Treasury for timely fund arrangements for LC maturities and sight payments Track due dates of DA documents and ensure timely settlementExport Trade FinanceHandle export documentation, negotiation, and booking of charges Coordinate with customers and banks for document acceptance and payment realization VAT & ComplianceEnsure timely collection and booking of VAT invoices from banks Comply with internal controls, bank policies, and regulatory requirementsMIS & ReportingPrepare weekly and monthly MIS reports on LC, DA/DP, BG, and bank charges Maintain accurate trackers for all trade finance instrumentsWhat We Are Looking For Some of the key competencies required for the role include: FunctionalStrong 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 capabilityBehaviouralDetail-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 ownershipOur Ideal MatchBachelor’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 complianceRAK Ceramics is an Equal Opportunity Employer. We do not discriminate on the basis of race, colour, religion, gender, nationality, disability, age, or marital status. #J-18808-Ljbffr