Receivables and Payables Head

Nicfurniture; Cape Town; On-site; ZAR 1,000,000 - 1,800,000; Full time

Job summary

Network International is seeking a senior finance leader to oversee accounts payable and receivable, manage working capital, and drive automation across finance operations. The role requires strong IFRS knowledge, corporate governance, and stakeholder engagement, with a track record in high-volume transaction environments.

You will lead a Payables and Receivables team, partner with treasury and finance leadership, and deliver monthly management reports on liquidity and risk.

Qualifications

• Bachelor’s degree in finance, accounting or commerce.
• Professional accounting qualification preferred (CA(SA)/CIMA/ACCA).
• 8–10 years in finance including payables/receivables and operations management.
• Minimum 5 years in a leadership role with fintech/payments experience.

Responsibilities

• Oversee end-to-end accounts payable and receivable processes.
• Manage supplier relationships and cash flow optimization.
• Ensure compliance with IFRS, policies, tax and audits.
• Lead the Payables and Receivables team with KPI governance.
• Provide insights on cash flow, working capital and risk exposure.

Skills

Leadership

Financial analysis

Stakeholder engagement

Negotiation skills

Attention to detail

Education

Bachelor's Degree in Finance, Accounting, Commerce

CA(SA)/CIMA/ACCA or equivalent qualification

Tools

ERP systems

Job description

JOB DESCRIPTION

Network International is the largest Financial Technology company in Middle East and Africa. Payments is our core business where we provide services in more than 50 countries – UAE, Jordan, South Africa, Egypt are some of our key markets. Apart from payments, we provide services on Data and Insights, Lending, Insurance, Risk Solutions, etc. Our core customers are businesses at every scale and segment, though recently we are growing in direct to consumer card segment as well.

About Us

Network International is the largest Financial Technology company in Middle East and Africa. Payments is our core business where we provide services in more than 50 countries – UAE, Jordan, South Africa, Egypt are some of our key markets. Apart from payments, we provide services on Data and Insights, Lending, Insurance, Risk Solutions, etc. Our core customers are businesses at every scale and segment, though recently we are growing in direct to consumer card segment as well.

Our EVP

At Network International, we always stay ahead. In the fast-paced world of financial services, we thrive on innovation, agility, and purposeful collaboration. We invest first in our people, empowering you to make bold decisions, learn fast, and grow your expertise alongside industry leaders. Here, solving complex problems means more than using cutting-edge technology; it’s about creating meaningful value for our customers, together. We foster a culture where trust, accountability, and achievement go hand in hand—because success isn’t just a goal; it’s how we work, every day, as one team.

Responsibilities

Key Responsibilities

Accounts Payable Leadership

• Oversee the end-to-end accounts payable process, ensuring accurate and timely supplier payments.
• Manage supplier relationships and resolve escalated payment-related disputes.
• Ensure compliance with delegated authority levels, procurement policies, and internal controls.
• Monitor payment cycles and optimize cash outflows while maintaining positive supplier relationships.
• Drive automation and process improvements within the payable function.

Accounts Receivable Leadership

• Lead customer invoicing, collections, and receivables management activities.
• Establish and monitor credit control processes to reduce overdue debt and improve cash collections.
• Manage escalated customer account queries and payment disputes.
• Monitor ageing reports and implement strategies to minimize bad debt exposure.
• Drive improvements in collection effectiveness and customer payment performance.

Cash Flow & Working Capital Management

• Develop and monitor cash flow forecasts relating to payables and receivables.
• Identify working capital improvement opportunities.
• Partner with Treasury and Finance leadership to optimize liquidity management.
• Provide management with insights on receivable trends, payment patterns, and financial risks.

Financial Controls & Compliance

• Ensure compliance with IFRS, company policies, tax requirements, and audit standards.
• Maintain strong financial controls and governance frameworks.
• Lead internal and external audit engagements relating to payables and receivables.
• Mitigate financial, operational, and fraud-related risks.

Team Leadership & Stakeholder Management

• Lead, coach, and develop the Payables and Receivables team.
• Establish clear KPIs and performance standards for the function.
• Partner with operational, commercial, procurement, and customer service teams to improve financial outcomes.
• Build strong relationships with external stakeholders, including suppliers and customers.

Reporting & Insights

• Prepare and present monthly management reports on:
• Accounts payable performance
• Accounts receivable performance
• Collections trends
• Cash flow metrics
• Working capital performance
• Risk exposure
• Provide strategic recommendations to improve efficiency and effectiveness across finance operations.

Qualifications

Key Requirements

• Bachelor's Degree in Finance, Accounting, Commerce, or related field.
• CA(SA), CIMA, ACCA, or equivalent professional qualification preferred.
• 8-10 years of finance experience, including accounts payable, receivable, and financial operations management.
• Minimum 5 years in a leadership role.
• Experience within fintech, payments, banking, financial services, or high-volume transaction environments preferred.
• Proven track record of driving process improvements and automation initiatives.
• Strong understanding of financial controls, accounting principles, and working capital management.
• Advanced financial analysis and reporting skills.
• Experience with ERP and financial management systems.
• Strong stakeholder engagement and negotiation skills.
• Excellent leadership, coaching, and people management capabilities.
• High attention to detail and problem-solving ability.

Network International is an equal opportunity employer. We welcome and encourage applications from candidates of all backgrounds, nationalities, and experience levels. We are committed to creating an inclusive workplace where innovation, diversity, and performance thrive.