Accountant II - Regulatory Reporting

General information

Ref # 21413

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 Accountant II will be a member of Ally's Regulatory Reporting team which is a part of Ally's Controller's Team. The position will play a critical role in preparation and submissions of required regulatory filings. Under general supervision, the position will be primarily focused on preparation and analysis of regulatory reports to ensure accurate and timely filings as well as assisting key business partners in understanding reporting requirements. The role provides the opportunity to gain exposure to different business partners and stakeholders of the company, develop a greater understanding of the regulatory reporting processes and requirements and develop a stronger understanding of Ally's business results.

The Work Itself

• Responsible for preparing and analyzing assigned regulatory reports and schedules including performing analytical procedures to ensure reports are accurate and in compliance with required regulations.
• Work with multiple business lines to gain an understanding of the business activities and reporting processes.
• Partner with business line personnel to educate them on regulatory reporting requirements and provide guidance on implementation of any new or revised requirements.
• Coordinate with SEC reporting team and other internal reporting teams to ensure consistency and accuracy.
• Collaborate with business units and other regulatory reporting team members to improve processes and efficiencies.
• Review, update, and maintain procedures and process documentation for assigned schedules
• Work with internal and external auditors and other compliance functions, as directed.
• Participate in special projects as necessary.

The Skills You Bring

• Bachelor's degree required (Accounting major preferred).
• CPA (or equivalent) obtained or in pursuit preferred.
• 1+ years previous work experience in Accounting or related field.
• Workday General Ledger experience preferred.
• General accounting and/or functional skills for area of expertise.
• Exhibit a strong work ethic and high degree of self-motivation.
• Must possess good communication skills.
• Must possess strong time management skills and ability to effectively prioritize tasks and work within deadlines.
• Ability to organize data, perform independent analysis, and provide explanations/conclusions to management.
• Ability to work with limited supervision while applying previous experience to execute moderately complex tasks.
• Ability to contribute meaningfully to projects.
• Comfortable interacting with other personnel in group or support staff from other departments; may interact with other internal and external personnel (i.e., external auditors, regulators) on specific projects or routine matters, usually under supervision.
• Advanced MS Excel (pivot tables, v-lookups, etc.) experience required.
• MS Office Suite experience, preferred.

#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