Accountant - cfo group business line risk

General information

Ref # 20770

Remote? No

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?

The Opportunity

The CFO Group Business Line Risk Accountant II will assist in the identification and mitigation of risk throughout the CFO Group including evaluating the design and operating effectiveness of Ally's internal control environment and supporting management in establishing and maintaining a risk framework for the business line and to support other established risk processes within the CFO Group Business Line Risk function.

The CFO Group Business Line Risk function primarily strives to evaluate the design and operational effectiveness of detective and preventative controls within processes that support both financial reporting and other operational processes to foster a robust risk environment.

The CFO Group Business Line Risk Accountant II will seek to understand processes and business cycles, identifying and assessing risks and management's controls, including but not limited to, those that support Ally's SOX compliance.

The Work Itself

• Coordinate the performance of process and control walkthroughs with management, which are intended to identify key risks in processes and evaluate the design of related mitigating controls
• Perform and conclude on the assessment of operating effectiveness for identified key controls in conjunction with testing deadlines
• Work with management to identify opportunities for process improvements and efficiencies and the related risks, including qualitative improvements in control operations, to minimize deficiencies
• Monitor the status of management's action plans for identified issues to support the timely validation of remediation activities and closure of issues
• Evaluate the effective preparation of account reconciliations and compliance with enterprise policies and provide feedback to owners in various business lines
• Coordinate walkthrough debriefs and testing deliverables with internal and external auditors
• Support the CFO Group Business Line Risk team with special ad hoc projects as needed

The Skills You Bring

• Bachelor's degree required; degree in Accounting, Finance or related, preferred.
• Master's degree, preferred
• CPA, CIA or equivalent, a plus
• 1+ year of previous work experience in Accounting, Audit, Risk, or related field
• Experience with audit industry documentation standards (preparation of workpapers, flowcharting, narratives, walkthroughs, and control testing), is preferred
• Demonstrated knowledge of internal control, risk concepts and auditing standards (controls-based testing experience, a plus)
• Excel Proficiency - Advanced MS Excel skills including pivot tables & v-lookups
• Detail-oriented and flexible, along with strong organizational, problem solving, and analytical skills
• Demonstrate the ability to work independently and provide frequent updates to team managers on progress and potential issues
• Ability to recognize opportunities for and initiate process improvements within the team and in business lines
• Communicate effectively and proactively; both written and verbal, and across multiple teams
• Financial Services experience, a plus

#LI-hybrid

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.

Where permitted by applicable law, must have received or be willing to receive the COVID-19 vaccine by date of hire to be considered, if not currently employed by Ally.

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.

Base Pay Range:

An individual's position in the range is determined by 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.

Emerging: 55000

Experienced: 75000

Expert: 95000

Incentive Compensation: This position is eligible to participate in our annual incentive plan