Payment Processing Associate - 18-month Contract

Hyundai Capital America • Toronto, ON

2d • Onsite

About The Position

Hyundai Capital Canada (HCCA) is the Canadian captive finance business for Hyundai Motor Group, operating under the service brands Hyundai Motor Finance, Kia Finance, and Genesis Finance. We provide indirect vehicle financing and leasing solutions through a network of over 450 Hyundai and Kia dealerships and 30 Genesis distributors nationwide. Our employees contribute to a fast-paced, dynamic, energized, agile, and collaborative culture, creating a connected, fun, positive, and rewarding workplace where employees feel appreciated and invested in HCCA’s success. Hyundai Capital has a global presence with offices worldwide, and our work environments follow consistent themes of simplicity, collaboration, symmetry, and elements of nature.

The Associate, Payment Processing will be responsible for assisting daily payment processing activities for the retail, lease, and wholesale portfolio. This includes processing payments, terminations, auction sale proceeds, and payoffs. The role also involves assisting in investigations of portfolio accounting and cash management issues related to funding, servicing, collections, and lease end remarketing.

Requirements

• 1-2 years relevant accounting experience
• Background in the financial services industry preferred
• Bachelor's Degree in Accounting or Finance
• 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

Nice To Haves

• Background in the financial services industry
• Experience with loan and lease accounting systems

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

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level