Senior Manager, Tax Compliance & Reporting

AIA (Vietnam) Life Insurance; Makati; On-site; PHP 900,000 - 1,300,000; Full time

Job summary

AIA Philippines Group is seeking a senior tax lead to own the end-to-end tax function for the Philippine operations, including life insurance and real estate entities. You will ensure timely filings, robust controls, and regulatory compliance across BIR and LGUs, while coordinating with Group Tax in Hong Kong.

The role also drives tax planning, supports IFRS 17 implementation, and partners with Finance, Actuarial and IT to embed tax considerations into reporting and business processes.

Responsibilities

• Own and manage the end-to-end tax compliance lifecycle for all Covered Entities.
• Review and sign-off of all tax returns, computations, and schedules.
• Ensure alignment between tax reporting and financial reporting.
• Drive continuous improvements in compliance processes and controls.
• Analyse tax implications of IFRS 17 and coordinate with Finance, Actuarial and IT teams.
• Manage tax audits with BIR and LGUs, including remediation actions.
• Provide tax advisory support for new products, distribution channels and investments.

Job description

Build a healthier and more sustainable future for everyone.

At AIA, your skills, perspective and ideas can contribute to our Purpose of helping millions of people live Healthier, Longer, Better Lives. Across our diverse markets, you will take on meaningful challenges, collaborate with talented colleagues and help turn ideas into positive outcomes for our customers and communities.

Join us to shape what comes next, grow through new experiences and extend your impact across Asia.

About the Role

The position is responsible for owning and leading the end-to-end day-to-day (BAU) tax function across the AIA Philippines Group, with full accountability for the execution, control, and delivery of all tax matters. This includes ensuring timely and accurate tax compliance, reporting, and operational tax support for the group's life insurance and real estate businesses, including AIA Philippines Life and General Insurance Company (AIA PH), BPI AIA Life Assurance Corporation (BPI AIA), Philam Properties Corporation (PPC), PERF Realty Corporation (PRC), Kapatiran Realty Corporation (KRC), Philam Tower Management Corporation (PTMC), and AIA Tower Condominium Corporation (collectively referred to as "the Covered Entities").

The role acts as the primary owner of tax operations, ensuring strong governance, robust controls, and consistent execution in line with Philippines tax rules and regulations and AIA Group TaxPolicy. It is accountable for managing tax compliance cycles, overseeing tax reporting integrity, handling audits and regulatory engagements, and embedding tax considerations into business processes.

In addition to BAU ownership, the role drives tax planning, supports strategic initiatives, and ensures readiness for regulatory and accounting developments, including IFRS 17. As a key member of the Controllership team, the position provides leadership in managing tax risks, optimizing tax outcomes, and maintaining effective relationships with tax regulators and AIA Group Tax in Hongkong.

Tax Compliance and Reporting

• Own and manage the end-to-end tax compliance lifecycle across all the Covered Entities, ensuring timely, accurate, and complete filings.
• Accountable for review and sign-off of all tax returns, computations, and supporting schedules.
• Ensure integrity and alignment between tax reporting, statutory accounts, and financial reporting.
• Drive continuous improvement in compliance processes, controls, and documentation standards.

IFRS 17 Tax Support

• Analyse tax implications arising from IFRS 17 implementation.
• Evaluate tax treatment of key IFRS 17 components (CSM, revenue recognition, discounting).
• Work with Finance, Actuarial, and IT teams to ensure tax considerations are reflected in reporting processes.
• Prepare supporting documentation and technical analysis for IFRS 17 tax positions.

Tax Audits and Controversy Management

• Manage tax audits and reviews by Bureau of Internal Revenue (BIR) and Local Government Units (LGUs). Accountable for audit outcomes, including risk mitigation, provision assessment and closure.
• Own the preparation and review of audit schedules, reconciliations, and supporting documentation.
• Handle drafting responses to audit queries and supporting audit defence positions.
• Coordinate with external advisors and legal counsel, when needed
• Track audit issues and support implementation of agreed remediation actions.

Tax Planning and Advisory Support

• Support execution of tax optimization initiatives in line with AIA Group Tax Policy.
• Provide technical analysis on tax implications of business initiatives, including new products, distribution channels, and investments.
• Evaluate tax impacts of digital transformation and structural changes across insurance and real estate entities.
• Prepare tax analysis for capital management, dividend flows, and funding arrangements.
• Monitor and analyze effective tax rates

Industry Issues Monitoring and Policy Support

• Monitor and analyze industry tax issues affecting life insurance and real estate sectors (e.g., VAT on fee income from Variable Unit-Linked (VUL) products, Documentary Stamp Tax (DST) on group policies.
• Prepare technical analyses and draft position papers.
• Participate in industry working groups (e.g., Insurance Commission (IC) Philippine Life Insurance Association Inc. (PLIA)).
• Track emerging tax risks and provide updates to the Financial Controller.

Regulatory Coordination

• Lead all day-to-day engagements with regulators - BIR, IC, and LGUs, and act as primary point of contact for operational tax matters.
• Own the preparation of documentation and supporting analysis for tax rulings, clarifications, and consultations.
• Respond to routine regulatory inquiries and assist in information requests.
• Maintain working-level relationships with regulatory counterparts

Business Partnering

• Provide tax advisory support to business units on operational matters and special projects.
• Support tax analysis for product development, pricing, and structuring