Overview
Coordinator – Payments Jobs in Ras al-Khaimah, United Arab Emirates at MAGRABi Retail Group
Title: Coordinator – Payments
Company: MAGRABi Retail Group
Location: Ras al-Khaimah, United Arab Emirates
I. JOB PURPOSE
Manage the Accounts Payable process, including invoice receipt, review, validation, and payment processing.
Ensure accurate internal and external reconciliations while maintaining compliance with company policies and
controls. Accountable for the timely and accurate closure of trade and non-trade ledgers.
MINIMUM QUALIFICATIONS/ EDUCATION/ EXPERIENCE/ TRAINING/ TECHNICAL
SKILLS
Qualifications and Education:
• Bachelor’s degree in accounting, Business Management, or equivalent.
• Good command of the English language both writing and speaking
Experience
• 1-2 years of relevant experience in a similar role
• SAP experience
II. JOB RESPONSIBILITIES
• Review and process invoices against purchase orders to ensure accuracy, proper booking, matching, and
timely payment in accordance with the company payment cycle.
• Record and maintain Accounts Payable transactions to ensure accurate bookkeeping, proper
documentation, and financial reporting.
• Reconcile vendor statements, GRIR accounts, AP sub-ledgers, and Trade/Non-Trade control accounts,
identifying and resolving discrepancies in amounts, terms, or missing invoices.
• Coordinate with vendors and internal procurement teams to investigate and resolve invoice, payment, and
reconciliation discrepancies.
• Monitor payment processing and release, ensuring payments are properly logged and proof of payment
(POP) is communicated to vendors and internal stakeholders.
• Support month-end and year-end closing activities by reconciling accounts, preparing journal entries,
generating AP aging reports and ensuring accurate ledger balances.
• Manage advances settlement and costing-related activities to ensure accurate accounting treatment and
financial records.
• Maintain accurate vendor master data, including W9 forms, compliance documentation, and support other
accounting and tax-related activities as required.
KEY COMPETENCIES
Competency:
A. Behavioral Competencies
– Customer service orientation
– Achievement Orientation
– Teamwork & Collaboration
