Sr. Manager, Insurance Accounting

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 Sr. Manager, Insurance Accounting is responsible for accounting and financial reporting for Hyundai Capital America’s insurance product portfolio (Hyundai Capital Insurance) which consists of Vehicle Service Contracts, GAP coverage, Certified Pre-Owned Warranties, and other vehicle protection products. This role will supervise internal staff; work directly with the external program administrator, actuaries, third party vendors, and other internal team members to deliver accurate and timely financial reporting in accordance with US GAAP.

HOW YOU WILL MAKE AN IMPACT

1. Lead insurance accounting team to complete the month-end & quarterly-end close and reporting for Hyundai Capital Insurance. Review and approve monthly journal entries and general ledger reconciliations. Coordinate with parent companies to ensure consolidated reporting to both Hyundai Capital America and Hyundai Motor America is completed accurately and timely.

2. Lead team as the subject matter expert to work with various departments and external program administrator to complete the annual financial statement audits for 3 insurance entities. Review annual compliance reporting and memos to ensure timely filing of annual statutory reports.

3. Oversee the monthly cash transfers to other affiliated companies, dealer controlled reinsurance entities, and other partners. Review monthly cash forecasts and the proper level of cash required to be maintained for daily activities, and ensure maximum return is achieved on investment cash. Work with outside vendors and actuaries to ensure claims reserves, IBNR, incentive allowances, and goodwill allowances are maintained at appropriate levels and are supported by data-driven metrics for the external audit.

4. Partner with operations, actuarial and third-party accounting teams to advise accounting implications of new insurance initiatives & programs, support product launches, business expansion for different brands, and sign off on User Acceptance Testing (UAT) for accounting. Research and prepare memorandums to document accounting treatments for insurance specific programs.

5. Establish and maintain strong internal controls to ensure team’s compliance with Korean Sarbanes-Oxley (KSOX) and US SOX. Responsible for data integrity for insurance portfolios managed within and outside of external program administrator’s platform. Provide training and mentorship to manager and associates.

6. Lead, mentor, and develop team members by providing direction, performance feedback, and support to ensure effective collaboration, professional growth, and achievement of organizational and personal goals.

WHAT YOU WILL BRING TO THE ROLE

• Minimum 8 years’ related experience in insurance accounting (ASC 944).

• Minimum 3 years supervisory experience

• Oracle ERP, OBIEE and Tableau experience required.

• Bachelor’s degree in Accounting.

• CPA preferred.

• Strong understanding and application of U.S. GAAP (applying accounting principles to daily work) and the ability to perform research on proper accounting principle per U.S. GAAP as needed

• Advanced analytical, technical and problem-solving skills.

• Excellent time management skills set priorities to handle workloads and meet deadlines.

• Proficient in Microsoft Office Suite (Word, Excel, PowerPoint, Outlook).

• Solid working knowledge in using Oracle ERP, OBIEE and Tableau.

• Ability to successfully manage, train, develop and mentor direct reports.

• Strong written and verbal communication skills to draft emails and procedures.

• Strong interpersonal skills to work in a team environment and build relationships with internal and external stakeholders.

• Champion strong financial controls and business practices while helping the organization deliver superior service to our dealers and customers.

• Excellent time management skills in setting priorities to handle workloads and meet deadlines.

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.

OTHER DETAILS

Our Company is an equal opportunity employer committed to fostering a diverse, inclusive, and respectful workplace—because we believe diversity builds stronger teams. We comply with all applicable federal, state, and local equal employment opportunity laws and do not discriminate on the basis of race, religion or creed, color, national origin, ancestry, caste, citizenship, sex or gender (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity or expression, age, disability, medical condition, genetic information, marital status, family care or medical leave status, military or veteran status, political affiliation, or any other characteristic protected by law. Information provided during the application process is requested in good faith and will be used solely in accordance with applicable employment laws.

California Privacy Notice

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 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 Privacy2@hcs.com.