Summer 2027 Internship - Accounting

Ally; Detroit (MI); On-site; USD 34,000 - 40,000; Full time

Benefits offered by this job

Paid time off

Holiday leave

401K plan

Tuition reimbursement

Employee stock purchase plan

Job summary

Ally Financial offers an Accounting Intern opportunity designed to turn classroom learning into real-world experience within our Detroit-area offices. You will work with seasoned teams across accounting disciplines, contributing to financial reporting, controls, and tax processes while developing practical skills.

Format is in-person, with a 40-hour work week from May to August 2027, and compensation is hourly.

Qualifications

• Must be graduating between December 2027 and May 2029
• Currently pursuing a Bachelor's degree and entering senior year, or pursuing a Master's in Accounting at internship time
• Authorization to work in the United States without sponsorship

Responsibilities

• Support accounting and reporting activities for Ally business lines and enterprise functions.
• Assist with account analysis, reconciliations, and financial reporting processes.
• Contribute to month-end and quarter-end close activities.
• Assist in preparing tax provisions and related disclosures.

Skills

Communication skills

Collaboration

Interpersonal skills

CPA licensure pursuit

Education

Bachelor's degree in Accounting

Master's degree in Accounting

Job description

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 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 and Your Career

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?

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

At Ally, we're committed to helping future professionals turn classroom learning into meaningful real-world experience. As an Accounting Intern, you'll work alongside talented teams across the organization, gaining exposure to a variety of accounting disciplines while contributing to projects that support our business.

Throughout the internship, you'll connect with leaders, build your professional network, and develop skills that will help prepare you for a successful career in accounting and finance. Whether your interests are in accounting operations, financial reporting, tax, or controls, you'll have opportunities to learn, contribute, and grow.

The Work Itself

As an Accounting Intern, you'll collaborate with experienced professionals and support work that helps drive accurate financial reporting and informed business decisions across Ally.

Depending On Your Team Assignment, You May

Business Unit & Enterprise Accounting

• Support accounting and reporting activities for Ally business lines and enterprise functions.
• Assist with account analysis, reconciliations, and financial reporting processes.
• Contribute to month-end and quarter-end close activities.

Tax Accounting, Planning & Reporting

• Assist in preparing tax provisions and related disclosures.
• Support tax forecasting and reporting activities.
• Contribute to tax return preparation and research efforts.
• Help evaluate the impact of tax law changes on the business.

Financial Controls

• Assist with testing and monitoring internal controls.
• Support documentation and governance activities.
• Help identify and address control-related issues while promoting process improvements.

Financial Reporting

• Support preparation of reports filed with the SEC, including Forms 10-K and 10-Q.
• Assist with regulatory and industry reporting requirements.
• Collaborate with internal stakeholders and external auditors.

What You'll Gain

Our internship program is designed to provide hands‑on experience and professional development opportunities, including:

• Formal onboarding and training
• Executive speaker series
• Mentorship from experienced professionals
• Meaningful project work
• Networking opportunities
• Leadership and career development programming
• Exposure to a variety of accounting functions across the organization

Program Details

• Program Start: May 2027
• Program End: August 2027
• Format: In‑person internship with flexibility
• Schedule: 40 hours per week
• Compensation: Competitive hourly pay

What You Bring

Required Qualifications

• Must be graduating between December 2027 and May 2029
• Currently pursuing a Bachelor's degree and entering your senior year, or pursuing a Master's degree in Accounting at the time of the internship.
• Students entering their junior year may also be considered.
• Pursuing a degree in Accounting, Business Administration, Economics, or a related field.
• Interest in obtaining CPA licensure.
• Strong communication, collaboration, and interpersonal skills.
• Ability to participate for the full duration of the internship.
• Authorization to work in the United States without current or future sponsorship.

Preferred Qualifications

• Previous accounting internship, project experience, or coursework demonstrating accounting knowledge.
• Leadership experience through student organizations, athletics, volunteer work, employment, or community involvement.
• Curiosity, initiative, and a willingness to learn in a fast‑paced environment.

Why Ally?

We believe diverse perspectives make us better. We are committed to creating an inclusive workplace where every team member feels valued, respected, and empowered to contribute. If you're excited about building your accounting skills and making an impact, we'd love to hear from you.

Minimum Qualifications

• 0+ years of experience
• High school Diploma or GED equivalent

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. 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:

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: 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

$25.00 - $29.00

Incentive Compensation

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