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Ally Financial in Detroit is seeking an Accountant II to support cash accounting, high-volume bank reconciliations, and escheatment processes within the CASST. You will post journal entries, partner with a third-party vendor for escheatment, and assist with automation and process improvements.
You will collaborate with operations teams across the enterprise to ensure timely, accurate closes, maintain documentation, and develop SME knowledge of systems and accounts involved.
Detroit, MI
500 Woodward Avenue
Full time
R2600631
Ally Financial only succeeds when its people do - and that’s more than some cliché people put on job postings. We love 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?
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 Accountant II position is within the Controller’s Group reporting to a Manager within the Corporate Accounting and Shared Services Team (CASST). The candidate would be primarily responsible for supporting cash accounting, including high-volume bank reconciliations, journal entry posting, and escheatment process activities. Finally, this person will support any other ad-hoc or project work within the Corporate Accounting Team, including automation efforts and continued process enhancements.
Prepare bank, cash clearing, and cash suspense reconciliations. Preparation includes identifying and researching variances on high-volume bank accounts, resolving identified reconciling items by coordinating with business operations teams across the enterprise, and ensuring timely and accurate completion
Post journal entries during close in accordance with established tight timelines while adhering to documentation requirements and relevant accounting policies
Partner with our third‑party vendor to support the enterprise escheatment process. This includes researching outstanding items, coordinating required reporting, and supporting compliance with applicable requirements
Support process improvements, automation opportunities, and new processes or initiatives identified by management
Strive to become a subject matter expert in the Corporate Accounting space, working to understand the many systems, bank accounts, and teams involved Assist in analytical accounting support to both internal and external business partners
Assists in the resolution of accounting problems as they arise
1+ years’ previous work experience in accounting, including experience performing high-volume or complex account reconciliations
Advanced MS Excel skills (pivot tables, x-lookups, etc.)
Experience with Workday Financials, Blackline, and MS Copilot
Experience working with high-volume bank and cash clearing reconciliations
Experience with automation tools such as Power Query/Power BI
Strong general technical accounting skills, along with problem solving and analytical skills
Exhibit a strong work ethic and high degree of self‑motivation
Sound oral and written communication skills
General openness – wants to learn and excel in all aspects of job. Initiative‑taker and results oriented.
1+ years of relevant experience
Bachelor’s Degree in Accounting or equivalent
Ally's compensation program offers market-competitive base pay and pay-for-performance incentives (bonuses) based on achieving personal and company goals. Our Total Rewards program includes industry‑leading compensation and benefits plus additional incentives that are designed to meet your needs and those of your family so you can get the most out of your career and your life, including:
To view more detailed information about Ally’s Total Rewards, please visit this link: https://www.ally.com/content/dam/pdf/corporate/ally-total-rewards-snapshot.pdf
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 www.ally.com .
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.
In accordance with the Americans with Disabilities Act, if after review of the position expectations, you believe that you may need a medical accommodation to fulfill the duties of this role, please email hrpolicy@ally.com with details of your accommodation request.
$55,000.00 - $95,000.00
An individual's position in the range is determined by the specific role, 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.
This position is eligible to participate in our annual incentive plan.
We all work better as allies. Join a team that thrives on doing it right — whether we're helping people live their best financial lives or helping each other grow in our careers.
We're a leading financial services company serving over 11M customers through banking, auto financing, insurance and investment services. Our team's approach of celebrating differences and lifting each other up is consistently recognized on Fortune's 100 Best Companies to Work For list. Here, you'll find people who care about doing work that matters and making an impact in the communities we serve. Good enough is never enough for us — we're always looking for ways to be better, together.
CCPA Notice (https://www.ally.com/content/dam/pdf/corporate/ally_careers_ccpa_disclosures_ca_residents.pdf)