Senior Accountant - Insurance

Ally-Financial; Detroit (MI); On-site; USD 70,000 - 120,000; Full time

Benefits offered by this job

Time Off (vacation/holidays)

401K with company match

Health insurance

Job summary

Ally Financial is seeking a Senior Accountant to join the Controller's Team. You will help prepare consolidated quarterly and annual financial statements (10-Q/10-K) under NAIC principles, coordinating with multiple groups and resolving discrepancies.

The role may involve supervision and training of staff, driving process improvements, and ensuring audit compliance. A CPA/MBA and strong Excel skills are preferred, with public accounting experience highly valued.

Qualifications

• 3+ years work experience in Accounting or related field.
• CPA (or equivalent) and /or MBA.
• Strong preference to public accounting experience.
• Advanced MS Excel skills (pivot tables, v-lookups, etc.).
• Workday experience.
• Exhibit a strong work ethic and high degree of self-motivation.
• Sound oral and written 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 all but the most complex tasks.
• Ability to lead small projects or contribute meaningfully to larger 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 more complex tasks, usually under supervision.

Responsibilities

• Assist in the preparation of quarterly and year-end financial statements (10-Q/10-K) under NAIC accounting principles.
• Support improvements in control operations to reduce deficiencies.
• Analyze and reconcile complex accounts and resolve discrepancies.
• Possibly supervise and train direct reports and evaluate performance.
• Provide insight into potential process improvements.
• Coordinate with multiple groups to gather materials for statements.
• Assist in gathering and addressing review comments for financial statements.
• Assist in analytical accounting support to internal partners.
• Resolve accounting issues through appropriate channels to aid understanding.
• Drive audit compliance for responsible areas.

Skills

Strong work ethic

Oral and written communication

Data organization and analysis

Independent work

Leading small projects

Interdepartmental collaboration

Education

CPA (or equivalent) and/or MBA

Tools

Workday

Job description

Ally and Your Career Ally Financial only succeeds when its people do - and that is 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?

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

This Senior Accountant will be a member of Ally's Controller's Team. Reporting to the Director or Manager, the position will be responsible for assisting in the preparation of the consolidated financial statements of a public company and key responsibilities include gathering information from the various groups, pulling the information into the quarterly and annual financial statements and working thru the various levels of review from a number of business owners

The Work Itself

• Assist in the preparation of the quarterly and year-end financial statements (10-Q/10-K) and under NAIC accounting principle.
• Support qualitative improvements in control operations to reduce /eliminate control deficiencies.
• Analyze and reconcile more complex accounts, researching discrepancies and taking action to ensure accounts are balanced.
• May have supervision responsibility, which would include providing training and development to direct reports and performance evaluation.
• Provide insight into potential process improvements.
• Coordinate with a number of groups across the enterprise in gathering all the necessary materials.
• Participate in gathering the review comments and making any necessary changes to the financial statements.
• Assist in analytical accounting support to the internal business partners.
• Assists in the resolution of accounting problems thru the appropriate channels leaders, to aid in the understanding of accounting activities.
• Drive audit compliance within the areas for which you are responsible.

The Qualifications We’re Looking For

• 3+ years work experience in Accounting or related field with general technical accounting and/or functional skills for area of expertise.
• CPA (or equivalent) and /or MBA.
• Strong preference to public accounting experience.
• Advanced MS Excel skills (pivot tables, v-lookups, etc.).
• Workday experience.
• Exhibit a strong work ethic and high degree of self-motivation.
• Sound oral and written 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 all but the most complex tasks.
• Ability to lead small projects or contribute meaningfully to larger 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 more complex tasks, usually under supervision.

Benefits and Compensation

• 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 down 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: https://www.ally.com/content/dam/pdf/corporate/ally-total-rewards-snapshot.pdf

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 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 [e-mail] with details of your accommodation request.

Base Pay Range $70,000.00 - $120,000.00 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.

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

Culture & Values

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.