Senior Accountant - Auto Finance Accounting (Detroit, MI)

| Detroit, MI
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General information

Career area


Work Location(s)

500 Woodward Avenue, Detroit, MI



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Posted Date

Friday, August 5, 2022

Working time


Ally and Your Career

Ally Financial only succeeds when its people do - and that's more than some cliche 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? #LI-JP1

The Opportunity

This Senior Accountant will be a member of Ally's Controller's Team supporting the Auto Finance business. Reporting to the Manager, the position plays a critical role in providing accurate, timely, and relevant financial information, advice, and transaction support to key stakeholders of the company. Under general supervision, the position will be responsible for accounting-related activities for the Auto Finance business. Ability to work in a fast-paced hybrid work environment with a talented team focused on working efficiently to promote work/life balance is strongly preferred.

The Work Itself

  • Assist with the month-end accounting close process (e.g., ensure timely completion of journal entries, review financial statement variances for reasonableness, etc.)
  • Ensure completeness and accuracy of account reconciliations and consistent/proper use of general ledger accounts
  • Support external reporting processes
  • Ensure SOX compliance over designated processes and controls
  • Support the internal and external audit processes
  • Assess current accounting practice and ensure appropriate application of accounting policy
  • 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
  • Coordinate with other functional areas, such as Financial Planning and Analysis (FP&A), Risk, Tax, Treasury, IT, etc.
  • Assess current operating environment and drive process improvements utilizing latest technology for automation
  • Complete special projects, ad-hoc requests, and support enterprise-wide initiatives such as acquisitions, new systems, automation projects, etc.

The Skills You Bring

  • Undergraduate degree in accounting - CPA (or equivalent) preferred
  • 3+ years of practical accounting experience
  • Capacity to anticipate and develop new processes with minimal direction
  • Proficient 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

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. But Ally's total compensation - or total rewards - extends beyond your paycheck and is designed to support and enrich your personal and professional life, including:
  • Time Away: competitive holiday and flexible paid-time-off, including time off for volunteering and voting.
  • 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 and 529 educational assistance programs, tuition reimbursement, and other financial well-being programs.
  • Supporting your Health & Well-being: flexible health and insurance options including dental and vision, pre-tax Health Savings Account with employer contributions 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 support as well as parental and caregiver leave, back-up child and adult/elder day care program and childcare discounts.
  • Work-Life Integration: other benefits including LifeMatters® Employee Assistance Program, subsidized and discounted Weight Watchers® program and other employee discount programs.

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

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 [email protected] Ally will not discriminate against any qualified individual who is capable of performing the essential functions of the job with or without reasonable accommodation.
More Information on Ally Financial
Ally Financial operates in the Automotive industry. The company is located in Detroit, MI, New York City, NY and Charlotte, NC. Ally Financial was founded in 1919. It has 11000 total employees. It offers perks and benefits such as Flexible Spending Account (FSA), Disability Insurance, Dental Benefits, Vision Benefits, Health Insurance Benefits and Life Insurance. To see all 81 open jobs at Ally Financial, click here.
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