FIND YOUR 'BETTER' AT AIA
We don’t simply believe in being ‘The Best’. We believe in better - because there’s no limit to how far ‘better’ can take us.
We believe in empowering every one of our people to find their 'better' - in the work they do, the career they build, the life they live and the difference they make. So that together we can support even more people - including our own - to live Healthier, Longer, Better Lives.
If you believe in better, we’d love to hear from you.
About the Role
Join us as Senior Manager, Finance at AIA Investment Management!Reporting to the Head of Finance, this position is accountable for the provision of financial & regulatory reporting of AIAIM in accordance to the applicable accounting policies, standards and guidelines. Additionally, this Senior Manager will assist the Head of Finance (HOF) to manage financial governance & control documents and support HOF as the business partner to the CEO, EXCO and Senior Leadership Team of AIAIM and Holdco.
Responsibilities:-
1) Finance Governance and Control
Review AIAIM monthly and quarterly group and regulatory reporting deliverablesAssist HOF to monitor and ensure regulatory compliance with MAS’s Risk Base Capital framework requirements, as well as S13U and FSI-FM Incentive Grant for solvency and capital purposesAssist HOF to monitor outsourced finance functions and ensure it is according to the MAS, Group and AIAIM outsourcing guidelines and policiesLead Group Finance project deliverables to ensure enhancement efficiency and regulatory changesDevelop and update Business Process Manuals (BPM) relating to the Finance Department according to ICFR and other internal control requirements (ISAE3402). To assist as coordinator of ICFR and ensuring BPMs and internal control matrices are in placeLiaise with Compliance and Risk team to ensure completeness and validity of finance’s risk control matricesInteract with Group Internal and External Statutory Auditors on finance related audit matters and address any audit action pointsDevelop/co-develop/advise finance related policies in collaboration with Group and AIAIM internal stakeholders including advising AIAIM fund vehicles to ensure policies are in compliance with AIAIM requirementsAssist HOF in tracking and managing financial risks and contingencies for AIAIM2) Group Financial, Statutory and Regulatory Reporting
Lead and ensure group, statutory and regulatory reporting are prepared on a timely basisLead the statutory year end and voluntary half year audits and manage the relationships with external auditorsPrepare reports and presentations for board members, EXCO and regulatory bodies as requiredRecommend areas for enhancements and improvements for the current systems and processes to meet the challenges and needs of stakeholders and participate in projects for any development, design, and implementation of new processes, controls, and functionality changes to existing systems and processes3) Capital Monitoring and Management
Ensure treasury activities support by GFS is provided on a timely basis. Provide instructions to GFS for execution of treasury activities and perform final review on GFS outputs and be accountable for all the deliverablesAssist HOF in daily cash forecasting, annual cash budgeting, determination of dividend amounts and the associated AAMP approvals including:-Manage time deposit placements or other short-term cash investmentsManage FX conversions for operational requirementsExecute cash transfers between bank accounts for funding arrangementsReview annual cash flow budgetManage bank account opening, closing and signatory updates, including e-banking platformsArrange approvals for and execute dividend remittancesAssist HOF in preparing liquidity stress testing reports, if applicable4) Business Continuity and Succession Planning
Act as the departmental alternate BCP officer to ensure that related BCP drills pertaining to systems etc are performed accordingly and that relevant BCP documentation is updatedMentoring and coaching any assigned direct/indirect reports for smooth BAU continuation and eventual future career deliverablesRequirements
University Degree in Accountancy or Internationally Recognized Accounting Qualification (ACCA, etc)10 + Years finance functions including reporting and analysis in a multi-national Financial Institution, and/or accounting and auditing experiences in a big-size accounting firm5 + years of supervisory or management experienceExperience in asset management company and insurance industry is a mustStrong knowledge of accounting standards and principles as well as in the preparation of management, financial and regulatory reports and analysisProficiency in Microsoft Excel, Power Point and WordKnowledge of SAP Accounting System and Business Intelligence System and familiarity with using the systemsExcellent interpersonal and communication skills to deal with local and group personnel at various levelsStrong mentoring and coaching skillsAbility to work under pressure to meet tight deadlinesBelieve in better with AIA. If you work at AIA, you play an important part in this movement. Which is why we give you every opportunity to learn, grow and shape your career - your way!
Build a career with us as we help our customers and the community live Healthier, Longer, Better Lives.
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