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About the Role

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.

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

Requirements

• 1-2 years relevant accounting experience with 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

Skills

• MS Excel
• MS Word
• MS PowerPoint
• Analytical skills
• Communication skills
• Organizational skills
• Teamwork skills
• Interpersonal skills
• Loan and lease accounting systems

Location

• Toronto
• Mississauga

Work Type

• Full-time

Experience Level

• 1-2 years

Education Level

• Bachelor's Degree

About the Company

• 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.
• 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.
• 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.

Equal Opportunity

• 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.