The Senior Manager, Internal Control is a member of the Finance & Accounting team providing support to the internal control operations of Sun Life Vietnam (SLV) as part of the First Line of Defense (1LOD). The role will perform internal control review for Finance & Accounting team based on agreed plan with line manager and CFO and testing for Internal Control over Financial Reporting (ICFR) following corporate guidance. Throughout the process, the role will also ensure department within 1LOD to understand and comply with local laws and regulations with support from Second Life of Defense. The role will also be in charge of Business Records Management policies and procedures within SLV.
JOB DESCRIPTION:
70%
f your scope would be:
• Report to line manager and CFO on control gaps and instances of non- compliance as identified from the aforementioned work, and track the remediation action items until completion.
• Plan, guide and coordinate with the related process owners in implementing the required Sun Life Financial Inc. (SLF) Internal Control Framework and SLF ICFR Standard, as well as reviewing, updating and validating the related process and control documentation with the process owners on the in- scope U.S. Sarbanes- Oxley Act (SOX)/ICFR processes each year.
• Assist line manager and CFO on Internal Control related projects including but not limited to, internal controls related, accounting standard implementation and business changes that may have downstream financial impact…
• Maintain and monitor the control issue and Regulatory Compliance Management database.
• Establish, maintain and execute the Internal Control Framework, Policies and Procedures in SLV.
• Coordinate with process owners and auditors during external audit reviews, as well as regulatory inspections related to internal controls.
• Liaise with Internal Audit and process / key control owners on the in- progress audit and, as an Internal Control Expert
• Facilitate, coordinate, monitor and report on the closure status of open Internal Audit issues or findings (in order to avoid "past due" or "behind" issues, i.e., issues missing the Expected Completion Date as stated in the Internal Audit Reports).
• Coordinate on the SOX/ICFR Testing by Asia Regional Office (RO)/Corporate, Quarterly SOX Attestation by SLV’s CEO & CFO to RO, report on the status of and ensure compliance with SLF requirements and standards on Account Reconciliations.
20%
f your scope would be:
• Follow up and ensure key milestones in the plan to address new/amended laws and regulations requirements are carried out in accordance with the agreed timeline.
• Perform on- going monitoring procedures for regulatory compliance post- implementation.
• Coordinate with other departments within 1LOD to perform gap analysis and set up procedures/controls for new or amended laws and regulations to ensure regulatory compliance.
10%
f your scope would be:
• Establish, maintain and execute the Business Record Management policies and procedures.
• Monitor and update the Business Records Inventory with inputs from departments.
• Perform Business Record Risk Assessment for new vendor as required.
