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.
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
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:
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 controller's 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 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.