General information Career area Accounting Work Location(s) 500 Woodward Avenue, MI Remote? No Ref # 18154 Posted Date Wednesday, August 14, 2024 Working time Full time Ally and Your Career Ally Financial only succeeds when its people do - and that’s more than some cliché people put on job postings. We live this stuff! We see our people as, well, people - with interests, families, friends, dreams, and causes that are all important to them. Our focus is on the health and safety of our teammates as well as work-life balance and diversity and inclusion. From generous benefits to a variety of employee resource groups, we strive to build paths that encourage employees to stretch themselves professionally. We want to help you grow, develop, and learn new things. You’re constantly evolving, so shouldn’t your opportunities be, too?
Work Schedule: Ally designates roles as (1) fully on-site, (2) hybrid, or (3) fully remote. Hybrid roles are generally expected to be in the office a certain number of days per week as indicated by your manager. Your hiring manager will discuss this role's specific work requirements with you during the hiring process. All work requirements are subject to change at any time based on leader discretion and/or business need. The Opportunity

This position is for a Senior Accountant role within the Controller’s Group. This position will be reporting to the Manager of Capital Markets Accounting and will be responsible for supporting the GAAP and Regulatory accounting and reporting for Ally's investment portfolios. This position will help maintain current reporting, be a leader on the development and improvement of the team’s sub-ledger/reporting platforms as well as assist with new strategic initiatives. The individual will work closely with various business partners, including Capital Markets Analytics, Front Office, Treasury Operations, Information Technology (IT), Balance Sheet Management and SEC/Regulatory Reporting.

The Work Itself Responsible for the consistent application and compliance of relevant accounting standards related to investment accounting Support month-end close - participate in monthly preparation & review of investment accounting results to ensure close functions are completed accurately and on a timely basis. Accountable for several daily, weekly, and monthly balance sheet and P&L reconciliations providing resolution for differences and/or providing variance analyses. Participate in the quarterly preparation of internal and external reporting including SEC reporting disclosures, Regulatory Reporting, internal management reporting, etc. Contribute to ad hoc analytical projects (i.e. Power Bi reports)  Work collaboratively with Finance, Ally Bank, Insurance, Treasury Ops, IT, and other partners to ensure enterprise objectives are met Participate in the development of analytical tools, reports, and systems through User Acceptance Testing to optimize accounting processes and financial analysis. Participate in any significant technology changes and/or upgrades, accounting changes or new business initiatives Develop subject matter expertise of Eagle, SAP, Bloomberg, and Onestream/BEx reporting applications. Identify and implement ongoing process improvements The Skills You Bring Bachelor's degree required (Accounting major preferred) CPA/CFA (or equivalent) and /or MBA preferred Minimum 3+ years previous work experience in Accounting/Finance required, with financial service industry experience preferred Experience in accounting for investments and/or other financial instruments is preferred but not required SAP, OneStream, Eagle, and/or PowerBI experience is a plus Detail-oriented with strong troubleshooting skills Team player who has a positive attitude Flexible with the ability to readily adapt to changes Energetic and inquisitive, quick learner who takes initiative Ability to understand sophisticated transactions Ability to communicate effectively, both written and verbal Ability to organize data, perform independent analysis and provide explanations to management
How We'll Have Your Back

Ally's compensation program offers market-competitive base pay and pay-for-performance incentives (bonuses) based on achieving personal and company goals. Our Total Rewards program includes industry-leading compensation and benefits plus additional incentives that are designed to meet your needs and those of your family so you can get the most out of your career and your life, including:

Time Away: 11 paid holidays, 20 paid time off days, and 8 hours of volunteer time off, yearly (paid time off is prorated based on start date) Planning for the Future: plan for the near and long term with an industry-leading 401K retirement savings plan with matching and company contributions, student loan pay downs and 529 educational save up assistance programs, tuition reimbursement, employee stock purchase plan, and financial learning center and financial coach access.Supporting your Health & Well-being: flexible health and insurance options including medical, dental and vision, employee, spouse and child life insurance, short- and long-term disability, pre-tax Health Savings Account with employer contributions, Healthcare FSA, critical illness, accident & hospital indemnity insurance, and a total well-being program that helps you and your family stay on track physically, socially, emotionally, and financially.Building a Family: adoption, surrogacy and fertility assistance as well as paid parental and caregiver leave, Dependent Day Care FSA back-up child and adult/elder care days and childcare discounts.Work-Life Integration: other benefits including Mentally Fit Employee Assistance Program, subsidized and discounted Weight Watchers® program and other employee discount programs.Other compensations: depending on the role for which you are considered, you may be eligible for travel allowances, relocation assistance, a signing bonus and/or equity.To view more detailed information about Ally’s Total Rewards, please visit this link: https://www.ally.com/content/dam/pdf/corporate/ally-total-rewards-snapshot.pdf 

Who We Are:

 

Ally Financial is a customer-centric, leading digital financial services company with passionate customer service and innovative financial solutions. We are relentlessly focused on "Doing it Right" and being a trusted financial-services provider to our consumer, commercial, and corporate customers. For more information, visit www.ally.com.

 

Ally is an equal opportunity employer committed to diversity and inclusion in the workplace. All qualified applicants will receive consideration for employment without regard to 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.

 

We are committed to working with and providing reasonable accommodation to applicants with physical or mental disabilities. For accommodation requests, email us at work@ally.com. Ally will not discriminate against any qualified individual who is capable of performing the essential functions of the job with or without reasonable accommodation.

Base Pay Range: $70000 - $120000 USDAn individual's position in the range is determined by the specific role, the scope and responsibilities of the role, work experience, education, certification(s), training, and additional qualifications. We review internal pay, the competitive market, and business environment prior to extending an offer.  Incentive Compensation: This position is eligible to participate in our annual incentive plan.