Senior Regulatory Capital Accountant | Reporting

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

Benefits offered by this job

Time Away

401K with company contributions

Tuition reimbursement

Employee stock purchase plan

Healthcare benefits

Job summary

Ally Financial is seeking a Senior Accountant in Detroit, MI to play a pivotal role in calculating the company’s regulatory capital and in preparing regulatory, SEC, and public-facing reports. You will work under supervision to ensure accurate filings, maintain internal controls over financial reporting, and support business partners in understanding reporting requirements.

The position offers exposure to capital planning, CCAR reporting, Basel III disclosures, and opportunities to enhance

Qualifications

• 3+ years of experience in Accounting or related field preferred.
• CPA (or equivalent) and/or MBA preferred.
• General technical accounting and/or functional skills for area of expertise.
• Advanced MS Excel (pivot tables, v-lookups, etc.) preferred.
• Proficient knowledge of Nasdaq AxiomSL ControllerView application preferred.
• 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 to management.
• Ability to work with limited supervision while applying previous experience to execute tasks.
• Ability to lead small projects or contribute to larger projects.
• Comfortable interacting with other personnel from other departments.

Responsibilities

• Interim and quarterly calculation and analysis of Ally’s regulatory capital position, including Common Equity Tier 1, Additional Tier 1, Tier 2, and risk-weighted assets.
• Prepare and analyze reports, schedules, and other deliverables for regulatory capital such as FR Y-9C Schedule HC-R, FFIEC 031 Schedule RC-R, Basel III disclosures; ensure accuracy and compliance.
• Coordinate with the Capital Planning function of Ally’s Treasury team on regulatory capital matters and assist with CCAR reporting.
• Track and analyze rulemaking related to regulatory capital and apply new guidance.
• Support design/implementation and operation of internal controls for regulatory reports.
• Assist business line partners in understanding reporting requirements and capital considerations when new initiatives arise.
• Assist SEC Reporting and Capital Planning teams to ensure consistency of capital-related information.
• Review and maintain distribution lists and procedures documents for schedules.
• Assist internal auditors, Risk teams, and external auditors as directed.

Skills

Accounting knowledge

Regulatory reporting

MS Excel

Communication skills

Self-motivation

Education

Bachelor's Degree in Accounting

Tools

Nasdaq AxiomSL ControllerView

Job description

Ally Financial is seeking a Senior Accountant in Detroit, MI to play a pivotal role in calculating the company’s regulatory capital and in preparing regulatory, SEC, and public-facing reports. You will work under supervision to ensure accurate filings, maintain internal controls over financial reporting, and support business partners in understanding reporting requirements.

The position offers exposure to capital planning, CCAR reporting, Basel III disclosures, and opportunities to enhance