Insurance Accounting Associate - (250000MV) - Irvine, CA at Hyundai Capital America

 

ATTENTION MILITARY AFFILIATED JOB SEEKERS - Our organization works with partner companies to source qualified talent for their open roles. The following position is available to Veterans, Transitioning Military, National Guard and Reserve Members, Military Spouses, Wounded Warriors, and their Caregivers. If you have the required skill set, education requirements, and experience, please click the submit button and follow the next steps. Unless specifically stated otherwise, this role is "On-Site" at the location detailed in the job post.
 

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.