Payment Processing Associate - 18-month Contract

Hyundai Capital; Toronto; On-site; CAD 45,000 - 65,000; Full time

Job summary

Hyundai Capital Canada Inc. is seeking a Payment Processing Associate for an 18-month contract.

The role involves assisting daily payment processing for retail, lease and wholesale portfolios, including processing payments, terminations, auction proceeds, payoffs, and related journal entries. The incumbent will support investigations of portfolio accounting and cash management issues, reconcile accounts, handle EFT returns, and contribute to process improvements.

Qualifications

• Bachelor's degree in accounting or finance required.
• 1-2 years relevant accounting experience preferred.
• Experience with loan and lease accounting systems preferred.

Responsibilities

• Assist daily payment processing activities for retail, lease and wholesale portfolio.
• Process payments, terminations, auction proceeds and payoffs.
• Investigate portfolio accounting and cash management issues.
• Handle EFT returns, payoff, extensions and related journal entries.
• Support process improvements to drive productivity.

Skills

Analytical skills

Communication

Organizational skills

Self-starter

Fast-paced environment

Teamwork

Education

Bachelor's Degree in Accounting or Finance

Tools

LsM/LnM systems

Job description

Job Description - Payment Processing Associate - 18-month Contract (260000K0)

Payment Processing Associate - 18-month Contract - ( 260000K0 )

Description

Who We Are:

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.

Employee Value Prop and Culture:

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.

Global One Company:

Many countries. One identity. 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.

Position Summary:

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.

Duties & 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

Qualifications:

Work Experience:

• 1-2 years relevant accounting experience with background in the financial services industry preferred

Education & Certification:

• Bachelor's Degree in Accounting or Finance

Knowledge, Skills & Abilities:

• Experience with loan and lease accounting systems preferred
• 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

[Location Update] Effective June 2027, Hyundai Capital Canada’s head office will be relocated from downtown Toronto to the Airport Corporate Centre in Mississauga.

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.

This posting is for an active, existing vacancy. Hyundai Capital Canada is currently hiring for this role and applications are being reviewed as part of a live recruitment process.

Primary Location

Work Locations

CAN - Toronto 123 Front Street West, 10th Floor 10th Floor Toronto M5J 2M3