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Insurance Accounting Associate

Insurance Accounting Associate

Hyundai Capital AmericaUSA, California, Irvine
10 days ago
Job type
  • Full-time
Job description

Description

Who We Are

Through our service brands Hyundai Motor Finance, Genesis Finance, and Kia Finance, Hyundai Capital America offers a wide range of financial products tailored to meet the needs of Hyundai, Genesis, and Kia customers and dealerships. We provide vehicle financing, leasing, subscription, and insurance solutions to over 2 million consumers and businesses. Embodying our commitment to grow, innovate, and diversify, we strive to reimagine the customer and dealer experience and launch innovative new products that broaden our market reach. We believe that success comes from within and are proud to support our team members through skill development and career advancement. Hyundai Capital America is an Equal Opportunity Employer committed to creating a diverse and inclusive culture for our workforce. We are a values-driven company dedicated to supporting both internal and external communities through volunteering, philanthropy, and the empowerment of our Employee Resource Groups. Together, we strive to be the leader in financing freedom of movement.

We Take Care of Our People

Along with competitive pay, as an employee of HCA, you are eligible for the following benefits :

  • Medical, Dental and Vision plans that include no-cost and low-cost plan options
  • Immediate 401(k) matching and vesting
  • Vehicle purchase and lease discounts plus monthly vehicle allowances
  • Paid Volunteer Time Off with company donation to a charity of your choice
  • Tuition reimbursement

What to Expect

The Insurance Accounting Associate is primarily responsible for accounting and financial reporting support, including but not limited to HCA's insurance product portfolio and reinsurance accounting. This role is responsible for supporting data validations, preparing journal entries with proper support documentation, creating reports, and providing analysis of key drivers within the function.

What You Will Do

1. Support assigned month-end close tasks, including but not limited to monthly / quarterly / annual variance analysis, and quarter end reporting. Support annual audit PBCs and preparation of financial statements and relevant footnotes.

2. Assist reinsurance accounting programs including dealer statements, invoices, payments, and data validations. Prepare journal entries in accordance with U.S. GAAP for insurance products (vehicle service contracts, GAP insurance, etc.).

3. Prepare and create Tableau reports for reconciliation and reporting. Prepare monthly intercompany cash transfers to other affiliated companies, CFC, Assurant, incentive, and other partners.

4. Prepare assigned monthly general ledger account reconciliations on a daily basis; conduct preliminary investigations regarding variances as needed.

5. Support Korean Sarbanes-Oxley (KSOX) in testing different control activities to ensure compliance. Assist internal and external audit process and prepare FL, AZ, WI, and WY annual compliance reports.

Qualifications

What You Will Bring

  • Minimum 2-4 years of relevant work experience in the accounting field.
  • Prior public accounting and / or insurance industry experience preferred
  • Bachelor's degree in Accounting, Finance, or Economics
  • General accounting background with an understanding of U.S. GAAP for compliance.
  • Proficiency in Microsoft Office and Tableau.
  • Strong analytical and organizational skills; problem solver.
  • Strong interpersonal communication skills.
  • Ability to manage multiple priorities and detail oriented.
  • Must be able to establish a high level of credibility with all levels of internal operations and external clients.
  • High level of integrity, work ethic, and a team player
  • Work Environment

    Employees in this class are subject to extended periods of sitting, standing, and walking, vision to monitor and moderate noise levels. Work is performed in an at home and office environment.

    The posted salary range for this job takes into account the wide range of factors that are considered in making compensation decisions including but not limited to skill sets; experience and training; licensure and certifications; geographic location, and other business and organizational needs. Successful candidates may be hired anywhere in the salary range based on these factors. It is uncommon to hire candidates at or near the top of the range.

    California Privacy Notice

    This notice only applies to our applicants who reside in the State of California.

    The latest version of our Privacy Policy can be found here . This Privacy Policy provides you with notice, at or before the point of collection, about the categories of personal information to be collected from you, the purposes for which your personal information is collected or used, and whether that information is sold or shared, so that you can exercise meaningful control over our use of your personal information. We are providing this notice to comply with the California Consumer Privacy Act of 2018, as amended as amended by the California Privacy Rights Act of 2020 ("CCPA").

    If you have any questions about CCPA regarding California residents or HCA team members, please contact the Privacy Team at Privacy2@hcs.com .

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