Application for a Payable Manager Position at Fan Milk Plc

Fan Milk Plc is a leading manufacturer and marketer of healthy, nutritious and safe frozen dairy and non-frozen dairy food products with distribution channels across the length and breadth of Nigeria. Fan Milk Nigeria is a well established and fast growing food processing industry offering wide range of products.

We are recruiting to fill the position below:

Job Title: Payable Manager

Location: Ibadan


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

Principal Accountabilities
(IPE Factors: Impact & Innovation)

  • 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.


  • 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

Critical Qualifications/Skills/Experience
(IPE Factor: Knowledge)


  • 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 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.


  • Minimum of 5 years previous experience in similar position

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

Application Closing Date
Not Specified.

How to Apply

Interested and qualified candidates should:
Click here to apply online

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