Payment Processing Associate - 18-month Contract
About the role
Who We Are: Hyundai Capital Canada (HCCA) is the Canadian captive finance business for Hyundai Motor Group. We go to market under the service brands Hyundai Motor Finance, Kia Finance and Genesis Finance. Through a network of over 450 Hyundai and Kia dealerships and 30 Genesis distributors nationwide, we provide indirect vehicle financing and leasing solutions to consumers and commercial customers. Employee Value Prop and Culture: Our employees contribute every day to a culture that is fast-paced, dynamic, energized, agile, and collaborative. From our employee programs to the unique design of our offices, we strive to create a connected, fun, positive, and rewarding workplace where employees feel appreciated, proud of their company, and deeply invested in HCCA’s success. Global One Company: Many countries. One identity. Hyundai Capital has offices around the world, including South Korea, the United States, China, the United Kingdom, Germany, and Brazil. Our work environments follow consistent themes that represent our global values: simplicity, collaboration, symmetry, and elements of nature. Position Summary: The Associate, Payment Processing will be responsible for assisting daily payment processing activities for retail, lease and wholesale portfolio including processing payments, terminations, auction sale proceeds and payoffs. They will also assist in investigations of portfolio accounting and cash management issues for funding, servicing, collections and lease end remarketing.
Duties & Responsibilities
Identify and process portfolio cheques related to different types of customer’s payments Assist in processing terminations and apply auction proceeds to lease/loan accounts to arrive at net gain or loss on sale Reconcile daily gross auction proceeds to portfolio account level by breaking out the selling/other expense and taxes recording in LsM/LnM systems Assist in investigating customer inquiries for portfolio accounting and cash management issues including posting EFT returns, payoff, total loss, extensions Handle assumptions and overage payments/refund requests Perform account analyses, GL reconciliations, investigations of portfolio-related items and related journal entries Ensure all functions are completed timely, accurately and in accordance with company policies and procedures Work with the manager and the team to implement process improvement ideas and expand their business and system knowledge to drive productivity for CM/Accounting
Work Experience
1-2 years relevant accounting experience with background in the financial services industry preferred Education & Certification: Bachelor's Degree in Accounting or Finance Knowledge, Skills & Abilities: Experience with loan and lease accounting systems preferred Excellent personal computer skills, i.e. MS Excel, Word, PowerPoint etc.
Strong analytical, communication, and organizational skills
Strong teamwork and interpersonal skills with the ability to manage multiple priorities High integrity and work ethic Self- starter and highly motivated Ability to work in a fast paced business environment [Location Update] Effective June 2027, Hyundai Capital Canada’s head office will be relocated from downtown Toronto to the Airport Corporate Centre in Mississauga. Hyundai Capital Canada Inc. is committed to acknowledge applications from people with disabilities. Accommodations are available on request for candidates taking part in all aspects of the selection process. This posting is for an active, existing vacancy. Hyundai Capital Canada is currently hiring for this role and applications are being reviewed as part of a live recruitment process.
About Hyundai Capital
Hyundai Capital America (HCA) is one of the largest auto finance companies in the U.S. supporting the financial services needs of Hyundai Motor America, Genesis Motor America, and Kia America. Through the Hyundai Motor Finance®, Genesis Finance®, and Kia Finance America® brands, HCA offers installment loans, leasing, and financing products to consumer and business customers across the U.S., as well as inventory, real estate, and operating capital financing for Hyundai, Genesis and Kia dealerships.
Over the last 35 years, HCA has effectively served more than 2.7 million customers and more than 1,800 dealers nationwide. In addition to its headquarters in Orange County, California, HCA has customer support centers in Atlanta, GA and Dallas, TX.
Our subsidiary, Hyundai Protection Plan, Inc.** offers vehicle service contracts and other vehicle protection products under the Hyundai Protection Plan, Genesis Protection Plan and Power Protect brands.
In addition to our headquarters in Irvine, CA we have three operations centers in the US—in Atlanta, Dallas, and Newport Beach—with employees all committed to being a value-adding partner for our customers and supporting them with industry-leading customer service.
Led by Hyundai Capital Services in Korea, Hyundai Capital has global coverage and is present in 14 countries throughout the world.
In addition to a competitive benefits package, employees are encouraged to make the most of Global Rotation Programs designed to break down global borders and provide them with relevant international experiences.
*Genesis Finance does business as Genesis Finance USA in Utah.
**Hyundai Protection Plan Florida, Inc. in Florida, and doing business as Hyundai Capital Extended Services in California.
Licensed by the Connecticut Department of Banking to do business in Connecticut under Lic#SFC-1885, SFC-BCH-931398, SFC-BCH-20110 & SFC-BCH-931638. Expiration date: December 31, 2025. www.nmlsconsumeraccess.org. Maryland Lic#1885.
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Payment Processing Associate - 18-month Contract
About the role
Who We Are: Hyundai Capital Canada (HCCA) is the Canadian captive finance business for Hyundai Motor Group. We go to market under the service brands Hyundai Motor Finance, Kia Finance and Genesis Finance. Through a network of over 450 Hyundai and Kia dealerships and 30 Genesis distributors nationwide, we provide indirect vehicle financing and leasing solutions to consumers and commercial customers. Employee Value Prop and Culture: Our employees contribute every day to a culture that is fast-paced, dynamic, energized, agile, and collaborative. From our employee programs to the unique design of our offices, we strive to create a connected, fun, positive, and rewarding workplace where employees feel appreciated, proud of their company, and deeply invested in HCCA’s success. Global One Company: Many countries. One identity. Hyundai Capital has offices around the world, including South Korea, the United States, China, the United Kingdom, Germany, and Brazil. Our work environments follow consistent themes that represent our global values: simplicity, collaboration, symmetry, and elements of nature. Position Summary: The Associate, Payment Processing will be responsible for assisting daily payment processing activities for retail, lease and wholesale portfolio including processing payments, terminations, auction sale proceeds and payoffs. They will also assist in investigations of portfolio accounting and cash management issues for funding, servicing, collections and lease end remarketing.
Duties & Responsibilities
Identify and process portfolio cheques related to different types of customer’s payments Assist in processing terminations and apply auction proceeds to lease/loan accounts to arrive at net gain or loss on sale Reconcile daily gross auction proceeds to portfolio account level by breaking out the selling/other expense and taxes recording in LsM/LnM systems Assist in investigating customer inquiries for portfolio accounting and cash management issues including posting EFT returns, payoff, total loss, extensions Handle assumptions and overage payments/refund requests Perform account analyses, GL reconciliations, investigations of portfolio-related items and related journal entries Ensure all functions are completed timely, accurately and in accordance with company policies and procedures Work with the manager and the team to implement process improvement ideas and expand their business and system knowledge to drive productivity for CM/Accounting
Work Experience
1-2 years relevant accounting experience with background in the financial services industry preferred Education & Certification: Bachelor's Degree in Accounting or Finance Knowledge, Skills & Abilities: Experience with loan and lease accounting systems preferred Excellent personal computer skills, i.e. MS Excel, Word, PowerPoint etc.
Strong analytical, communication, and organizational skills
Strong teamwork and interpersonal skills with the ability to manage multiple priorities High integrity and work ethic Self- starter and highly motivated Ability to work in a fast paced business environment [Location Update] Effective June 2027, Hyundai Capital Canada’s head office will be relocated from downtown Toronto to the Airport Corporate Centre in Mississauga. Hyundai Capital Canada Inc. is committed to acknowledge applications from people with disabilities. Accommodations are available on request for candidates taking part in all aspects of the selection process. This posting is for an active, existing vacancy. Hyundai Capital Canada is currently hiring for this role and applications are being reviewed as part of a live recruitment process.
About Hyundai Capital
Hyundai Capital America (HCA) is one of the largest auto finance companies in the U.S. supporting the financial services needs of Hyundai Motor America, Genesis Motor America, and Kia America. Through the Hyundai Motor Finance®, Genesis Finance®, and Kia Finance America® brands, HCA offers installment loans, leasing, and financing products to consumer and business customers across the U.S., as well as inventory, real estate, and operating capital financing for Hyundai, Genesis and Kia dealerships.
Over the last 35 years, HCA has effectively served more than 2.7 million customers and more than 1,800 dealers nationwide. In addition to its headquarters in Orange County, California, HCA has customer support centers in Atlanta, GA and Dallas, TX.
Our subsidiary, Hyundai Protection Plan, Inc.** offers vehicle service contracts and other vehicle protection products under the Hyundai Protection Plan, Genesis Protection Plan and Power Protect brands.
In addition to our headquarters in Irvine, CA we have three operations centers in the US—in Atlanta, Dallas, and Newport Beach—with employees all committed to being a value-adding partner for our customers and supporting them with industry-leading customer service.
Led by Hyundai Capital Services in Korea, Hyundai Capital has global coverage and is present in 14 countries throughout the world.
In addition to a competitive benefits package, employees are encouraged to make the most of Global Rotation Programs designed to break down global borders and provide them with relevant international experiences.
*Genesis Finance does business as Genesis Finance USA in Utah.
**Hyundai Protection Plan Florida, Inc. in Florida, and doing business as Hyundai Capital Extended Services in California.
Licensed by the Connecticut Department of Banking to do business in Connecticut under Lic#SFC-1885, SFC-BCH-931398, SFC-BCH-20110 & SFC-BCH-931638. Expiration date: December 31, 2025. www.nmlsconsumeraccess.org. Maryland Lic#1885.