Senior Manager, Tax Compliance & Reporting

AIA Philippines; Makati; On-site; PHP 3,000,000 - 5,000,000; Full time

Job summary

AIA Philippines is seeking a senior tax leader to own the end-to-end tax compliance lifecycle across all entities. You will review returns, sign off on computations, and ensure alignment with financial reporting.

Lead audits, coordinate with BIR and LGUs, and drive tax planning aligned with BEPS and IFRS 17 considerations. Strong leadership and Philippine tax expertise are essential.

Qualifications

• Education – Must possess Bachelor of Science in Accountancy degree
• Certifications/licenses – Must be a Certified Public Accountant
• Strong knowledge of Philippine tax laws and regulations
• Experience in handling complex tax audits
• IFRS 17 implementation and tax impact assessment knowledge

Responsibilities

• Own the end-to-end tax compliance lifecycle for all entities
• Review and sign-off of tax returns, computations, and schedules
• Coordinate with regulators and act as primary tax contact
• Lead tax audits, controversy management, and remediation actions
• Provide tax planning and advisory support for business initiatives
• Oversee Group Tax reporting and BEPS-related requirements

Skills

Tax compliance

Regulatory knowledge

Tax reporting

Leadership

Education

Bachelor of Science in Accountancy

Certified Public Accountant

Tools

SAP

Business Intelligence

MS Office

Job description

• 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 discussions.
• Ensure tax considerations are incorporated into business cases/ project proposals

Group Tax Coordination and Reporting

• Act as key point of contact for AIA Group Tax in Hong Kong.
• Oversee the preparation of tax reports, schedules, and supporting analysis for Group Tax submissions.
• Lead the implementation of Group Tax initiatives and compliance with Group Tax requirements, including Base Erosion and Profit Shifting (BEPS) - related requirements.
• Provide updates on local tax developments, risks, and audit matters.
• Handle responding to Group Tax queries and information requests.

Risk Management and Controls

• Own the tax control environment, ensuring effectiveness of controls, audit readiness, and compliance with internal policies.
• Proactively identify, assess and resolve tax risks arising from BAU tax operations.
• Ensure compliance with internal control requirements and audit readiness.
• Implement improvements in tax processes, tools, and documentation standards.

Team Support and Stakeholder Management

• Lead the day-to-day operations of the tax team, including workload management, prioritization, and performance oversight.
• Serve as the central tax point of contact for all internal stakeholders on operational matters.
• Provide regular updates and insights to the Financial Controller on tax matters.
• Education – Must possess Bachelor of Science in Accountancy degree
• Experience – At least ten (10) years progressive tax experience in tax accounting, compliance and reporting with any of the top 10 life insurance companies in the Philippines having total gross premiums of at least Php 20B or total assets of at least Php 250B; with at least five (5) years in supervisory/ managerial level;

OR

At least five (5) years tax experience with any of the big 4 audit firms (Navarro Amper & Co., Isla Lipana & Co., Sycip Gorres Velayo & Co. and Manabat San Agustin & Co) with insurance industry exposure and at least five (5) years experience in tax accounting, compliance and reporting with any of the top 10 life insurance companies in the Philippines having at total gross premiums of at least Php 20B or total assets of at least Php 250B; in supervisory/ managerial level

• Certifications/licenses – Must be a Certified Public Accountant
• Key Competencies and Special skills –
• Strong knowledge of Philippine tax laws and regulations, and BIR audit processes
• Experience in handing complex tax audits
• Working knowledge of life insurance taxation
• Working knowledge and experience in IFRS 17 implementation and tax impact assessment;
• Proficient in MS Office applications;
• Has basic knowledge in SAP, Business Intelligence
• Strong communication and technical writing skills