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
The Governance Manager is a senior individual contributor within the FIG Control & Governance vertical. This role is responsible for the independent execution of walkthroughs, Risk Control Matrix (RCM) ownership, operating effectiveness testing and issues register management across PT AIA Financial's in-scope Finance processes. This role is critical to the delivery of the FIG ICFR programme and forms the primary execution capacity of the Control & Governance vertical.
This role is also responsible for monitoring and enhancing balance sheet reconciliation quality, identifying financial exposures, and supporting the implementation of effective internal controls.
Job Responsibilities:
ICFR Programme Execution
- Lead the annual Financial Control Self-Assessment (FCSA) cycle across all processes, coordinating with process owners and control operators.
- Execute design adequacy and operating effectiveness testing for Key Controls designated in the ICFR Risk and Control Library (RCL).
- Prepare Management Self-Assessment (MSA) packs for review by the Head of FIG and Financial Controller, ensuring findings are clearly documented with remediation recommendations.
- Monitor control deficiencies and track remediation progress through to closure, escalating unresolved items per the ICFR escalation framework.
- Support Entity-Level Control (ELC) assessments as part of the annual ICFR cycle
Risk and Control Library Management
- Maintain and update the ICFR RCL, ensuring control attributes, control owners and testing procedures remain current and aligned to the applicable financial statement line items (FSLIs).
- Perform periodic FSLI gap analysis to identify any new or amended financial reporting risks requiring new or revised Key Controls.
- Coordinate with process owners to validate the completeness and accuracy of RCL entries following process changes, system changes, or organisational restructuring
Documentation and Reporting
- Prepare quarterly ICFR Briefing Packs for presentation to the Financial Controller and Head of FIG.
- Maintain the FIG SharePoint platform, ensuring timely input of testing workpapers and evidence.
- Produce working papers and testing documentation in accordance with the ICFR documentation standards set by the Head of FIG and traceable to PCAOB AS 2201 requirements.
- Maintain audit trails for all control testing activities, evidence files, and sign-offs within the FI&G digital platform
Stakeholder Coordination
- Act as the primary liaison with process owners and control operators across Finance, Actuarial, Operations, IT and HR for ICFR-related matters.
- Coordinate responses to external audit queries on ICFR scope, methodology and testing results, under guidance from the Head of FIG, maintaining clear independence boundaries.
- Provide technical guidance to the ICFR Assistant Manager on control testing methodology, workpaper preparation, and quality review.
Compliance and Governance
- Ensure all ICFR activities comply with AIA Group's internal control standards, OJK regulatory requirements, and applicable accounting standards (PSAK 117/IFRS 17, PSAK 109/IFRS 9).
- Identify changes in the regulatory and accounting standards environment that may impact the ICFR scope or control design.
- Support the Head of FIG in preparing submissions to the Finance Director.
Job Requirement
- Bachelor's degree in accounting; professional certification (e.g., CPA) is a plus.
- Strong knowledge of local GAAP, regulatory frameworks and familiarity with IFRS (including IFRS 17) and RBC requirements.
- Minimum 5 - 7 years of experience in accounting, including 3-5 years in external audit. Experience as external auditor is a must.
- Having experience in SOX audit is a plus.
- Demonstrated experience in statutory reporting, internal controls, and financial governance, preferably in the life insurance industry.
- Proven ability to engage with regulators, external/internal auditors, and senior stakeholders, including C-level executives.
