Career Area

Accounting

Experience Level

Experienced

Available Work Locations

Detroit (Michigan)

Ally Requisition #

18-5162

Job Description

Senior Accountant within Ally Financial's Auto Finance Accounting organization plays a critical role in providing accurate, timely, and relevant financial information, advice, and transaction support to key stakeholders of the company's largest operating unit. Under general supervision, the position will be responsible for accounting-related activities in support of Ally Financial's Auto Finance operations, and will lead in developing and executing accounting processes for its strategic growth initiatives. Ability to work in a fast-paced environment with a talented team focused on working efficiently to promote work/life balance is strongly preferred. This position reports to the Auto Finance Accounting Manager.

Job Responsibilities

• Participate in Auto Finance growth initiatives - new product development, acquisitions, etc. -- including outlining accounting and reporting implications and their implementation.
• Prepare Auto Finance segment-specific financial disclosure information for internal, SEC, and regulatory reporting purposes
• Assist with the accounting close process (e.g. prepare journal entries, financial statement account analysis, etc.) and prepare related monthly account reconciliations
• Ensure corresponding account reconciliations are properly supported and in compliance with global policy; research transactions that drive journal entries and make sure there is adequate documentation to support general ledger balances (and provide explanation of how the accounts work)
• Assess current accounting practices and adopt changes to Generally Accepted Accounting Practices (GAAP), as applicable. Assist with the research and implementation of technical accounting and disclosure matters, and develop comprehensive documentation that links our business unit accounting practices to the relevant accounting policies
• Evaluate processes and procedures for efficiency and effectiveness, and make improvements where possible
• Assist with ensuring the completeness and accuracy of account reconciliations and general ledger accounts, which requires liaising with other accounting functions impacting the Auto Finance general ledger (e.g. Securitization Accounting, Financial Shared Services, Tax, etc.)
• Liaise with key stakeholders and other functional areas, such as Auto Finance FP&A, Risk, Treasury, IT, etc.
• Liaise with both internal and external auditors
• Assist with special projects / ad-hoc requests as needed

Qualifications

• Undergraduate degree in accounting -- CPA certification or its equivalent preferred
• Working knowledge and appreciation of month-end financial close and internal reporting processes
• Strong technical skills related to Controllers' Group applications
• Capacity to anticipate and develop new processes with minimal direction
• Proficient knowledge of computer skills including MS Office applications
• Strong project management skills and ability to effectively prioritize tasks
• High level of written and oral communication skills - experience with preparing technical accounting documentation a plus
• High level of interpersonal skills to work effectively in a team environment
• Strong analytical and problem solving skills
• Strong organizational skills

Ally Overview

Ally Financial Inc. (NYSE: ALLY) is a leading digital financial services company and a top 25 U.S. financial holding company offering financial products for consumers, businesses, automotive dealers and corporate clients. Ally's legacy dates back to 1919, and the company was redesigned in 2009 with a distinctive brand, innovative approach and relentless focus on its customers. Ally has an award-winning online bank (member FDIC), one of the largest full service auto finance operations in the country, a complementary auto-focused insurance business, a growing digital wealth management and online brokerage platform, and a trusted corporate finance business offering capital for equity sponsors and middle-market companies.

Business Unit/Enterprise Function

Finance strives to be a trusted adviser to the enterprise and prides itself on maintaining the highest level of integrity and accountability. Finance is responsible for finance reporting, financial analysis, accounting, strategy and planning, tax and investor relations.

Total Rewards

Ally's compensation program offers market-competitive base pay and pay-for-performance incentives (bonuses) based on achieving personal and company goals. Plus, we have a flexible paid-time-off program including time off for volunteer opportunities. Ally's Total Rewards Program is designed to enrich your life at work -- and outside of it and includes:

• Industry-leading 401K retirement savings plan with matching and company contributions
• Wellness program encouraging healthy living with financial rewards
• Flexible health insurance options including dental and vision
• Pre-tax Health Savings Account with generous employer contributions
• Pre-tax commuter benefits
• Other work-life integration benefits including parental and caregiver leave, adoption assistance, backup child and adult/elder day care program, child care discounts, tuition reimbursement, LifeMatters® Employee Assistance Program, subsidized and discounted Weight Watchers® program and other employee discount programs

Ally is an Equal Opportunity Employer

We extend equal employment opportunities to qualified applicants and employees on an equal basis regardless of an individual's age, race, color, sex, religion, national origin, disability, sexual orientation, gender identity or expression, pregnancy status, marital status, military or veteran status, genetic disposition or any other reason protected by law.