Insurance Accounting Manager
Hyundai Capital America (HCA) helps people move forward. Through Hyundai Motor Finance, Genesis Finance, and Kia Finance, we deliver innovative financing, leasing, and insurance solutions to more than 3 million customers and businesses nationwide.
We’re a company driven by growth, innovation, and people. At HCA, you’ll find opportunities to build new skills, expand your career, and make a real impact—while working in a diverse, inclusive, and values‑driven environment. We’re proud to support our communities through volunteerism, philanthropy, and engaged Employee Resource Groups.
If you’re looking for a fast‑paced, collaborative workplace where your ideas matter, join us as we lead the future of financing freedom of movement. Apply today.
WHAT YOU WILL DO
The Insurance Accounting Manager manages accounting and financial reporting activities for Hyundai Capital America’s insurance product portfolio, including Vehicle Service Contracts, GAP coverage, Certified Pre-Owned Warranties, and other vehicle protection products. This role is accountable for the accurate and timely completion of complex accounting activities, financial reporting, and related controls and serves as a primary accounting partner for assigned insurance programs. This role coordinates with internal business partners and external counterparties to resolve accounting matters, strengthen processes, and support product and program growth.
HOW YOU WILL MAKE AN IMPACT
Month-end close\: Coordinate month-end close activities with cross-functional partners and the external program administrator. Prepare and review journal entries, supporting schedules, intercompany allocations, reconciliations, reporting, and eliminations, and independently address related inquiries.
Financial reporting and compliance reporting\: Manage monthly financial reporting and variance analysis for assigned insurance entities. Coordinate with external program administrator and external auditors to complete the annual financial statements audit by preparing and reviewing audit supports and footnote disclosures. Prepare annual compliance reporting supports and memos required for various state regulators.
Cash transfers and dealer settlements\: Review and approve monthly cash transfers and settlements with OEM and dealers, including dealer-controlled reinsurance funding, dealer invoicing, and incentive payments. Research discrepancies and coordinate the timely resolution of complex dealer-related accounting matters.
Reconciliation and issue resolution\: Review general ledger account reconciliations and serve as a primary accounting contact for OEM inquiries. Independently research and resolve complex issues within established accounting guidance and escalate matters requiring broader policy interpretation or senior-level expertise.
Product initiatives, controls process improvements and technical guidance\: Support product launches, program enhancements, and system implementations by evaluating accounting impacts and recommending appropriate accounting treatment. Monitor compliance with assigned Korean Sarbanes-Oxley (KSOX) control activities, recommend improvements to accounting processes and internal controls, and provide technical guidance to less-experienced team members.