Accountant - accounting operations
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 The Accountant II within Ally’s Debt Accounting & Securitization Operations (DASO) 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. The candidate would be directly responsible for the whole loan daily cash movements, accounting, and investor reporting, as well as reporting on system refinements and updates applicable to DASO. 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 DASO Accounting Director. The Work Itself- Accountable for journal entries and account reconciliations to support securitization accounting and reporting.
- Engage in investor report creation, review, and distribution, ensuring servicing activity results are accurate and timely.
- Coordinate daily cash movements, monthly activities, and address whole loan servicing questions with internal customers and whole loan investors.
- Drive necessary securitization system changes and overall process transparency/documentation.
- Responsible for legal entity accounting, review, and analysis.
- Present monthly and quarterly results to leadership.
- Collaborate with business partners to ensure all funding initiatives and objectives are successful.
- Drive special projects and address ad hoc requests, as required.
- Identify and implement process improvement and risk mitigation.
- Bachelor's degree required (Accounting major preferred).
- CPA (or equivalent) and /or MBA preferred.
- 1+ years previous work experience in Accounting or related field required.
- 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.
- 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.) preferred.
- Time Away: Program starts at 20 paid time off days in addition to 11 paid holidays and 8 hours of volunteer time off yearly (time off days are prorated based on start date and program varies based on full or part-time status and management level).
- 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:
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