1-3 years of experience
Concerned about your lack of experience? Learn More...
Employment Type:
Full time
Job Category:
Auto Finance Accounting Analyst
(This job is no longer available)
Ally | Detroit, MI
Grad Date

Not sure what types of jobs you are interested in?

Explore Jobs
Based on Your Education

Follow This Company

Job Description

Position Description

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, Auto Finance. 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

* 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)
* 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.)
* Assist with the research and implementation of technical accounting and disclosure matters including changes to Generally Accepted Accounting Practices (GAAP), as applicable, 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
* Participate in Auto Finance growth initiatives - new product development, acquisitions, 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


* Undergraduate degree in accounting -- CPA certification or its equivalent preferred
* 2+ years of experience at a public accounting, financial institution or large multi-national is preferred.
* Some appreciation of month-end financial close and internal reporting processes
* Experience in accounting applications under SAP environment
* Proficient knowledge of computer skills including MS Office applications and preferably skills in SQL
* Strong written and oral communication skills - experience with preparing technical accounting documentation a plus
* Strong 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 Information

Ally's compensation program offers market-competitive base pay and bonus pay potential based on achieving personal and company goals. Plus, we have a flexible paid time-off program with an emphasis on work-life balance.

Ally offers a variety of benefits to protect your health and well-being, provide financial security and balance your work-life needs including:

* Industry-leading 401K Retirement Savings Plan including Matching and Company Contributions
* Comprehensive wellness program with financial incentives designed to help you achieve your best health
* Flexible health insurance options including dental and vision
* Pre-tax Health Savings Account with generous employer contributions
* Pre-tax dependent care and commuter benefits
* Other work-life integration benefits including Paid Parental & Caregiver Leave, Adoption Assistance, Back-up Child & Adult/Elder Care, Child Care Discounts, Tuition Reimbursement, LifeMatters Employee Assistance Program, Weight Watchers 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.


Equal Opportunity Employer Minorities/Women/Protected Veterans/Disabled