Team Leader Account Payables / Account Receivables

Job Title: Team Leader – Accounts Payable & Accounts Receivable

Location: Port Louis
Reporting to: Finance Director

Role Overview:

The Team Leader – Accounts Payable & Accounts Receivable (AP/AR) is responsible for ensuring the accuracy and reliability of financial transactions related to clients and suppliers. This role involves overseeing timely payments to suppliers, managing client collections, and ensuring compliance with internal financial policies and controls. The TL AP/AR works closely with the finance team to optimize processes and maintain the financial health of the company.

Key Responsibilities:

Accounts Receivable Management:

• Ensure regular reconciliation and clearing of customer accounts.
• Oversee timely recording of customer payments and monitor outstanding receivables.
• Perform monthly client account reconciliations, identifying and resolving discrepancies.
• Analyze and follow up on foreign exchange (forex) variances in collaboration with the treasury department.
• Monitor and manage credit balances in client accounts.
• Ensure the timely issuance of customer statements and follow up on overdue payments.
• Lead collection efforts, sending reminders and coordinating with stakeholders to minimize outstanding balances.
• Organize and lead client meetings to review account statuses and address concerns.

Accounts Payable Management:

• Oversee the reconciliation of supplier accounts, ensuring timely clearing of outstanding items.
• Monitor and validate supplier payments, ensuring timely processing and compliance with company policies.
• Maintain and manage payment schedules, identifying and mitigating risks related to delayed payments.
• Monitor and resolve supplier debit balances.
• Analyze forex variances and coordinate with treasury for resolution.
• Provide support for payment execution when needed.

Financial Analysis & Reporting:

• Prepare monthly reports on AP/AR performance, highlighting key trends and risks.
• Ensure all transactions comply with internal financial controls and audit requirements.
• Identify and implement process improvements to enhance efficiency and accuracy in AP/AR functions.

Team Leadership & Process Improvement:

• Lead, mentor, and support the AP/AR team, ensuring high performance and continuous development.
• Collaborate with other finance functions to improve work methodologies and ensure smooth financial operations.
• Ensure compliance with internal controls and company policies.

Required Qualifications & Skills:

✅ Education:

• Degree in Accounting, Finance, or a related field.

✅ Experience:

• 10+ years of experience in accounts payable and/or receivable within an international company.
• Prior experience managing a team in a finance-related role.

✅ Technical Skills:

• Strong knowledge of AP/AR processes, reconciliation, and financial reporting.
• Proficiency in accounting software and ERP systems.
• Excellent understanding of foreign exchange transactions.
• Strong command of Microsoft Office, especially Excel.

✅ Soft Skills:

• Analytical and detail-oriented approach to financial data.
• Strong leadership and team management capabilities.
• Proactive and solution-driven mindset.
• Ability to communicate effectively with internal and external stakeholders.