Summer 2028 Internship - Accounting

Ally; Detroit (MI); On-site; USD 34,000 - 45,000; Full time

Job summary

Ally invites students to join its Accounting Internship in Detroit, MI, a 11-week, in-person program with flexible work arrangements. You’ll engage with diverse teams across accounting, tax, and financial controls, gaining hands-on experience and exposure to Ally’s reporting and regulatory activities.

Selected interns strengthen technical accounting knowledge, communication skills, and industry understanding while contributing to meaningful projects and potential placements in several accounting

Qualifications

• Pursuing a bachelor's degree and entering your senior year, or pursuing a Master of Accounting during the internship.
• Rising juniors may also be considered.
• Interest in CPA certification.
• Strong written and verbal communication skills.
• Proven leadership, teamwork and interpersonal skills.
• Availability to participate in the full internship program.
• Ability to work in the United States without current or future employer sponsorship.

Responsibilities

• Support accounting and financial reporting activities across Ally's business units and enterprise functions.
• Assist with tax, financial controls, and regulatory responsibilities as part of project work.
• Collaborate with internal teams and external auditors on accounting processes.
• Gain exposure to various accounting areas and contribute to priority initiatives.

Skills

Strong communication

Leadership

Teamwork

Interpersonal skills

US work authorization

Education

Bachelor's or Master in Accounting

Job description

Detroit, MI

Full time

R2600660

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

Your Accounting Internship with Ally will move you from educated to experienced; connecting you with diverse teams and functions across the country. You will have the opportunity to interact with Ally’s leadership and learn from their personal successes. The Ally Accounting Internship Program seeks to guide and mentor students with development opportunities designed to provide a bridge between the academic world and the world of business with roles in Business Unit and Enterprise Accounting, Tax Accounting, Financial Controls, and so much more. #LI-DNP

Our Accounting Team contributes to Ally’s success by providing accounting and reporting oversight for all of Ally’s business units, enterprise functions, capital markets activities, payroll, and finance shared services. Our teams are organized to monitor accounting standards and coordinate the implementation of new accounting standards.

The Work Itself

What You Can Expect

• Comprehensive onboarding and training

• Executive speaker series featuring Ally leaders

• Mentorship from expert professionals

• Hands-on, significant work experience

• Project-based assignments tied to business objectives

• Leadership and professional development opportunities

• Networking events with peers and colleagues across the organization

Program Details

• Program Start Date: May 2028

• Program End Date: July 2028

• Format: In-person internship with flexible work arrangements

• Schedule: 40 hours per week

• Compensation: Competitive hourly pay

About the Role

As an Accounting Intern, you'll join a team that helps support Ally's financial reporting, accounting operations, and regulatory responsibilities across the organization. You'll gain exposure to multiple areas of accounting while working on projects that contribute to business and enterprise-wide priorities.

During this 11-week internship, you'll strengthen your technical accounting knowledge, build professional communication skills, and develop a deeper understanding of the banking and financial services industry.

Accounting interns have the opportunity to learn about several specialized teams and indicate their areas of interest. Potential placements may include:

Business Unit & Enterprise Accounting

Support accounting and financial reporting activities across Ally's business lines and enterprise functions, including:

• Automotive Finance

• Corporate Finance

• Ally Invest

• Corporate Consolidations

• Debt and Capital Markets

Tax Accounting, Planning & Reporting

Work alongside tax professionals to:

• Prepare tax provisions and related disclosures

• Forecast tax expenses and related components

• Assist with tax return preparation and filing

• Analyze the impact of current and proposed tax legislation

Financial Controls

Support activities that help strengthen Ally's control environment by:

• Assisting with the planning and execution of internal control testing

• Supporting the governance and review of account reconciliations

• Helping identify and resolve internal control issues

Financial Reporting

Contribute to financial reporting processes by:

• Assisting with reports filed with the Securities and Exchange Commission (SEC), including Forms 10-K, 10-Q, and 8-K

• Supporting regulatory and industry reporting requirements

• Collaborating with internal teams and external auditors

What You’ll Bring

Required Qualifications

• Currently pursuing a bachelor's degree and entering your senior year, or pursuing a Master of Accounting degree during the internship period, in Accounting, Business Administration, Economics, or a related field. Rising juniors may also be considered.

• Interest in pursuing Certified Public Accountant (CPA) certification.

• Strong written and verbal communication skills.

• Proven leadership, teamwork, and interpersonal skills.

• Availability to participate in the full internship program.

• Ability to work in the United States without current or future employer sponsorship.

Preferred Qualifications

• Previous accounting internship experience, accounting project experience, or other relevant coursework.

• Leadership experience through student organizations, volunteer activities, athletics, work experience, or other extracurricular involvement.

Why Ally?

At Ally, we are committed to crafting an inclusive environment where team members can learn, grow, and make an impact. You'll gain valuable experience, expand your professional network, and contribute to significant work while exploring a career in accounting within a leading financial services organization.

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

Base Pay Range

$25.00 - $33.00

Incentive Compensation:

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

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.

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)