Vendor Management Professional I

Vendor Management Professional I

Hyundai America Technical Center, Inc. (HATCI) is seeking an entry-level professional to join the Accounting/Controller Team of the Accounting and Finance Department, who would support core accounting functions by obtaining and validating banking documentation for new vendor setups and vendor changes, maintaining accurate vendor master data, processing deposits, recording incoming cash payments, researching and resolving payment and deposit returns, and supporting reporting and compliance activities

What You Will Do:

• Vendor Management and Documentation:

• Obtain, review, and validate required vendor accounting documentation to ensure compliance with internal policies and regulatory requirements

• Maintain accurate vendor master data within SAP, including obtaining updated W-8 documentation

• Identify opportunities to streamline and automate vendor onboarding and documentation processes

• Proactively follow up with vendors to resolve missing documentation and reduce onboarding cycle times

• Partner with internal teams to resolve new vendor issues and improve onboarding efficiency

• Semi-annually review vendors that have not been used for over 3 years for deactivation

• Review existing vendor profiles on the ISN network to see if any gaps or flags are present

• Deposits, Reconciliations, and Journal Entries:

• Process and deposit physical checks on a weekly basis in accordance with internal controls and company policy

• Record journal entries related to incoming cash transactions, ensuring proper documentation and accuracy

• Research and resolve any bank returns

• Reconcile daily corporate credit card activity and resolve any out-of-balance items

• Reporting and Compliance:

• Prepare and distribute a monthly late-invoice report

• Communicate weekly vendor status, highlighting onboarding progress and outstanding documentation

• Complete quarterly and annual federal surveys accurately and on time

• Support audit and compliance requests by maintaining organized and complete documentation

What You Will Bring to the Role:

• Bachelor's degree in accounting, finance, or a related field
• 2+ years of accounting, accounts payable, or financial operations experience
• Sound understanding of basic accounting principles (e.g., journal entries, cash receipts, expenses, etc.)
• Adept in Microsoft programs, such as Excel, Outlook, PowerPoint, and Word
• Excellent time management, self-management, and organization skills
• An ability to coordinate across vendors and internal stakeholders to ensure timely and accurate financial operations
• Strong written, oral, and interpersonal skills

What Hyundai Can Offer You:

• Zero-dollar Employee Premiums on Medical, Dental, and Vision for You and Your Family
• 100% Employer-paid Disability and Life Insurance
• Generous Paid Time Off, Including Vacation, Sick, and Abundant Holidays
• Competitive Salaries
• A Global Environment that Fosters Diversity
• Retirement Savings and Planning Benefits
• Access to Health Savings Accounts and Flexible Spending Accounts
• Flexible Work Hours

Other Details:

• Candidates applying for positions with Hyundai KIA must be legally authorized to work in the United States. Verification of employment eligibility will be required at the time of hire.
• HATCI is an Equal Opportunity Employer including Disabled and Veteran. VEVRAA Federal contractor.