Summer 2028 Internship - Accounting

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

Benefits offered by this job

Competitive hourly pay

401K matching

Tuition reimbursement

Student loan pay downs

Job summary

Ally Financial is offering an Accounting Internship designed to bridge classroom learning with real-world finance and accounting operations. The 11-week, in-person internship provides exposure to corporate accounting, tax, financial controls, and reporting across Ally’s business units.

You will interact with leadership, gain hands-on experience, and participate in mentorship and professional development opportunities.

Qualifications

• Currently pursuing bachelor's or Master of Accounting during internship
• Rising juniors may be considered
• Interest in CPA certification

Responsibilities

• Support accounting and financial reporting activities
• Assist with SEC forms (10-K, 10-Q, 8-K) preparation and filing
• Help with tax provisions and related disclosures
• Support internal control testing and reconciliations
• Contribute to regulatory and industry reporting

Skills

Written communication

Verbal communication

Leadership

Teamwork

Interpersonal skills

Work ethic

Education

Accounting or related degree

Pursuing CPA

Job description

Ally and Your CareerAlly 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 OpportunityYour 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-DNPOur 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 ItselfWhat You Can ExpectComprehensive onboarding and trainingExecutive speaker series featuring Ally leadersMentorship from expert professionalsHands-on, significant work experienceProject-based assignments tied to business objectivesLeadership and professional development opportunitiesNetworking events with peers and colleagues across the organizationProgram DetailsProgram Start Date: May 2028Program End Date: July 2028Format: In-person internship with flexible work arrangementsSchedule: 40 hours per weekCompensation: Competitive hourly payAbout the RoleAs 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 AccountingSupport accounting and financial reporting activities across Ally's business lines and enterprise functions, including:Automotive FinanceCorporate FinanceAlly InvestCorporate ConsolidationsDebt and Capital MarketsTax Accounting, Planning & ReportingWork alongside tax professionals to:Prepare tax provisions and related disclosuresForecast tax expenses and related componentsAssist with tax return preparation and filingAnalyze the impact of current and proposed tax legislationFinancial ControlsSupport activities that help strengthen Ally's control environment by:Assisting with the planning and execution of internal control testingSupporting the governance and review of account reconciliationsHelping identify and resolve internal control issuesFinancial ReportingContribute to financial reporting processes by:Assisting with reports filed with the Securities and Exchange Commission (SEC), including Forms 10-K, 10-Q, and 8-KSupporting regulatory and industry reporting requirementsCollaborating with internal teams and external auditorsWhat You'll BringRequired QualificationsCurrently 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 QualificationsPrevious 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 Qualifications0+ years of experienceHigh school Diploma or GED equivalentHow We'll Have Your BackAlly'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.pdfWho 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 - $33.00An 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.