Payable Manager in Oyo, Nigeria

at Fan Milk PLC

Food & Beverages
Minimum Qualification
Bachelor's Degree
Required Experience
3 - 5 years
Employment Type
Full Time
Male or Female

Job Description

Job Purpose
  • Responsible for ensuring that the company policy on Supplier management is complied with.

Principal Accountabilities

  • Review of prepared vendors’ list for payment and ensure adequate control over processing and payment of invoices.
  • Monitor, review and reconcile prepaid accounts and ensure prepayments are supported with relevant invoices and receipts.
  • Ensure regular reconciliation of suppliers’ ledger balances with statements and ensure all differences are fully investigated, reported and corrected.

Learning & Career Opportunities
In this position, the incumbent will have an opportunity to acquire skills and knowledge in the following areas:

  • Finance/Account
  • Account payable
  • Account Receivable
  • Statutory Administration
  • Fixed Asset Administration


  • E-payment Administration
  • Preparation of monthly KPI reports
  • Vendor/Suppliers account administration
  • Statutory deduction administration
  • Preparation of annual budget schedule
  • Prepayment account administration.
  • Creation of franchise agent account


  • The position requires a minimum qualification B.Sc in Accountancy
  • Possession of professional certificate of relevant bodies - ACA, ACCA, etc is an added advantage.


  • Minimum of 5 years previous experience in similar position

Key Skills:

  • Minimum university degree or equivalent in Accountancy.
  • Possession of professional qualifications and membership of ICAN, ACCA, CITN, ISACA is added advantage
  • Must be able to work effectively with all levels of the organization, including top, middle and supervisory levels of management.
  • Effective interpersonal and communication skills.
  • Collaborative work style, fostering cooperation and teamwork to achieve results.
  • Able to handle confidential company information with complete discretion.
  • Strong analytical skills, including the ability to extract, compile and analyse data.
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