Wholesale Funding Associate

HYUNDAI Translead, Inc; Irvine (CA); On-site; USD 50,000 - 70,000; Full time

Benefits offered by this job

Medical, dental, and vision plans

401(k) matching

Vehicle purchase and lease discounts

Paid Volunteer Time Off

Job summary

Hyundai Capital in Irvine, CA is seeking a Wholesale Funding Associate to support the floorplan dealer portfolio, process auction requests, and maintain dealer credit lines. The ideal candidate will have 2-4 years of accounting experience, be detail-oriented, and possess strong communication skills. Benefits include competitive pay, 401(k) matching, and comprehensive health plans. Join a values-driven company dedicated to diversity and inclusion.

Qualifications

• Minimum 2-4 years’ experience in accounting reconciliation.
• Knowledge of inventory floor plan financing is a plus.
• Strong interpersonal skills and team orientation.

Responsibilities

• Support day-to-day management of dealer portfolios.
• Research and resolve accounting discrepancies.
• Process funding and payment transactions for syndication accounts.

Skills

Accounting reconciliation

Attention to detail

Communication skills

Proficiency in Microsoft Office

Multitasking ability

Education

High School diploma or GED

Job description

Job Description - Wholesale Funding Associate (260000CQ)

Wholesale Funding Associate (260000CQ)

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 3 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:

• Medical, dental, and vision plans with no‑cost and low‑cost options
• Annual employer HSA contribution
• 401(k) matching and immediate vesting
• Vehicle purchase and lease discounts, plus monthly vehicle allowances by job level:
  • Associate / Sr. Associate: $350
  • Director: $800
  • Executive Director: $900
  • VP or Above: $1,000
• 100% employer‑paid life and disability insurance
• No‑cost health and well‑being programs, including a gym benefit
• Six weeks of paid parental leave
• Paid Volunteer Time Off, plus a company donation to a charity of your choice

What to Expect

The Wholesale Funding Associate will support Hyundai Capital America’s floorplan dealer portfolio including processing of flooring and auction requests, customer support on the Dealer Access module of the wholesale management system and maintenance of dealer credit lines in the system. Assist in the day‑to‑day management of Non Floor Plan accounts including fleet, commercial mobility products (as required), real estate and working capital loans. In addition, provide general administrative support for the Commercial Credit team.

What You Will Do

• Research and resolve accounting discrepancies.
• Process ACH rejection requests as required.
• Process returns and notify Credit Centers.
• Collaborate daily with the Accounting Department with respect to reconciliation, clearing transactions and open suspense items.
• Set up new floorplan accounts and new auctions within the wholesale management system including takeovers and takeouts.
• Process daily balancing to ensure all flooring transactions, ACH and wire disbursements are in balance and forwarded to HCA Accounting in a timely manner.
• Perform system testing as required in preparation for system updates/enhancements.
• Post batches interfaced by HMA and KMA into the wholesale management system and reconcile against HCA cash disbursement notifications.
• Process flooring of all non‑Hyundai and non‑Kia draft requests and reconcile to daily cash disbursement notifications.
• Process auction flooring requests and Dealer Direct (DAS) flooring requests daily according to department service level requirements.
• Review documentation to ensure no outstanding liens are present and title documents have been executed properly.
• Process funding and payment transactions for syndication accounts as required.
• Follow up with dealers and insurance companies to ensure insurance and coverages are adequate.

1. Prepare Treasury Approval Request (TAPR) for wire transfers for syndication funding transactions.
2. Process Enterprise vehicles and Rental Fleet funding, payment activities and daily balance reconciliation, account reporting and maintenance.

Qualifications

What you will bring:

• Minimum 2-4 years’ related work experience in basic accounting reconciliation.
• Knowledge of inventory floor plan financing a plus.
• Bank or captive lender experience preferred.
• High School diploma or GED required.
• Proficient in Microsoft Office programs such as Word, Excel, Access, and Outlook.
• Proven detail‑oriented working with monetary transactions.
• Strong written and verbal communication skills to work with dealers and internal departments.
• Team oriented, strong interpersonal skills.
• Must be able to multitask and perform multiple job functions simultaneously.

Employees in this class are subject to extended periods of sitting, standing, and walking, vision to monitor and moderate noise levels. Work is performed in an at home and office environment.

We are an Equal Opportunity Employer committed to supporting a diverse and inclusive workforce.

The posted salary range for this job takes into account the wide range of factors that are considered in making compensation decisions including but not limited to skill sets; experience and training; licensure and certifications; geographic location, and other business and organizational needs. Successful candidates may be hired anywhere in the salary range based on these factors. It is uncommon to hire candidates at or near the top of the range.

This notice only applies to our applicants who reside in the State of California.

The latest version of our Privacy Policy can be found here. This Privacy Policy provides you with notice, at or before the point of collection, about the categories of personal information to be collected from you, the purposes for which your personal information is collected or used, and whether that information is sold or shared, so that you can exercise meaningful control over our use of your personal information. We are providing this notice to comply with the California Consumer Privacy Act of 2018, as amended as amended by the California Privacy Rights Act of 2020 (“CCPA”).

If you have any questions about CCPA regarding California residents or HCA team members, please contact the Privacy Team at [e-mail].