Description 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.
Qualifications WHAT YOU WILL BRING TO THE ROLE - Minimum 5-7 years' progressively responsible accounting experience, including experience with insurance, reinsurance or other relevant financial services accounting experience.
- Experience researching and applying U.S. GAAP to nonroutine accounting matters.
- Experience using Oracle ERP and OBIEE, Tableau or SQL inquiries preferred.
- Automotive captive finance or other financial services experience preferred.
- Bachelor's degree in Accounting, Finance, or a related discipline.
- CPA or other relevant professional certification preferred.
- Strong knowledge of U.S. GAAP and the ability to independently research and apply accounting guidance to complex or nonroutine transactions.
- Knowledge of insurance and reinsurance accounting principles, with the ability to apply relevant guidance, including ASC 944.
- Ability to independently analyze financial information, identify trends and discrepancies, and develop practical solutions.
- Ability to manage complex accounting processes or workstreams within established policies, controls, and reporting requirements.
- Ability to review accounting work for accuracy, completeness, and compliance with applicable standards.
- Effective verbal and written communication skills, including the ability to explain accounting matters to business partners and external stakeholders.
- Ability to collaborate across functions, influence outcomes without formal authority, and build productive working relationships.
- Ability to provide technical guidance and knowledge transfer to less-experienced team members.
- Ability to manage multiple priorities and meet deadlines in a changing business environment.
- Proficiency in Microsoft Excel and working knowledge of enterprise accounting and reporting tools.
WE TAKE CARE OF OUR PEOPLE At HCA, our people drive our success. That's why we offer a competitive rewards package that supports your health, financial future, and overall wellbeing-at work and beyond.
Benefits Highlights- Hybrid flexibility - 4 days in office, 1 day remote
- Vehicle perks - monthly vehicle allowance plus purchase and lease discounts
- Comprehensive health coverage - medical, dental, and vision plans
- Employer-funded HSA contributions to help reduce healthcare costs
- 401(k) with company match and immediate vesting from day one
- 100% company-paid life and disability insurance
- Wellbeing benefits including fitness and health resources
- Leadership programs and career development that support continuous learning
- Paid Volunteer Time Off and a company charitable donation in your honor
Because great benefits help you thrive-personally and professionally. WHAT HAPPENS NEXT Express your interest by submitting an application. Once your application is received, our recruiting team will review your application to see if you meet the basic and preferred qualifications listed on the job description. For more information on our culture, visit our careers page.
