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Hyundai America Technical Center Inc

Vendor Management Professional I

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What they do

A Vendor Manager manages relationships with a company's vendors and oversees vendor procurements or sales performance. Manages vendor contracts. Tracks and reports on vendor sales performance. Manages procurement records and inventories. May assist with training provided to vendors to support product sales or services.

$123,038 / year median in Michigan

+4% projected growth

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Job Description

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 requirementsMaintain accurate vendor master data within SAP, including obtaining updated W-8 documentationIdentify opportunities to streamline and automate vendor onboarding and documentation processesProactively follow up with vendors to resolve missing documentation and reduce onboarding cycle timesPartner with internal teams to resolve new vendor issues and improve onboarding efficiencySemi-annually review vendors that have not been used for over 3 years for deactivationReview 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 policyRecord journal entries related to incoming cash transactions, ensuring proper documentation and accuracyResearch and resolve any bank returnsReconcile daily corporate credit card activity and resolve any out-of-balance items
Reporting and Compliance:
Prepare and distribute a monthly late-invoice reportCommunicate weekly vendor status, highlighting onboarding progress and outstanding documentationComplete quarterly and annual federal surveys accurately and on timeSupport 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 field2+ years of accounting, accounts payable, or financial operations experienceSound understanding of basic accounting principles (e.g., journal entries, cash receipts, expenses, etc.)Adept in Microsoft programs, such as Excel, Outlook, PowerPoint, and WordExcellent time management, self-management, and organization skillsAn ability to coordinate across vendors and internal stakeholders to ensure timely and accurate financial operationsStrong written, oral, and interpersonal skills
What Hyundai Can Offer You:
Zero-dollar Employee Premiums on Medical, Dental, and Vision for You and Your Family100% Employer-paid Disability and Life InsuranceGenerous Paid Time Off, Including Vacation, Sick, and Abundant HolidaysCompetitive SalariesA Global Environment that Fosters DiversityRetirement Savings and Planning BenefitsAccess to
Health Savings Accounts and Flexible Spending AccountsFlexible 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. Hyundai America Technical Center, Inc. (HATCI) is an equal opportunity employer commited to a culturally diverse workforce. All qualified applicants will receive consideration for employment without regard to race, religion, color, age, sex, national origin, sexual orientation, gender identity, disability status, other protected veteran status, and any other protected class under law.