Senior Accountant - Debt Accounting & Securitization Operations (DASO)

Ally • Detroit, MI

44d • $70,000 - $120,000 • Onsite

About The Position

This Senior Accountant will be a member of Ally's Debt Accounting & Securitization Operations (DASO), which is part of Ally's Controller's Team. The position plays a critical role in providing accurate, timely, and relevant financial information, advice, and transaction support to key stakeholders of the company's largest operating unit. Under general supervision, the position will be responsible for accounting-related activities in support of Ally's DASO operations, specifically for the securitization team, and will lead in developing and executing accounting processes for its strategic growth initiatives.

Requirements

• 3+ years previous work experience in Accounting or related field.
• Bachelor's degree required (Accounting major preferred).
• General technical accounting and/or functional skills for area of expertise.
• 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.
• MS Excel skills (pivot tables, v-lookups, etc.) required.
• Experience with data management, including extracting, transforming, and analyzing large data sets preferred.

Nice To Haves

• CPA (or equivalent) and /or MBA preferred.
• Workday General Ledger experience preferred.
• Experience with data management, including extracting, transforming, and analyzing large data sets preferred.

Responsibilities

• Engage in securitization investor report creation, review, and distribution, ensuring servicing activity results are accurate and timely.
• Coordinate monthly activities and address securitization servicing questions with internal customers, trustees/administrators, and securitization investors.
• Responsible for legal entity accounting, review, and analysis
• Assist with the accounting close process (e.g., prepare journal entries, financial statement account analysis, etc.) and prepare related monthly account reconciliations
• Ensure corresponding account reconciliations are properly supported and in compliance with global policy; research transactions that drive journal entries and make sure there is adequate documentation to support general ledger balances (and provide explanation of how the accounts work)
• Assess current accounting practices and adopt changes to Generally Accepted Accounting Practices (GAAP), as applicable. Assist with the research and implementation of technical accounting and disclosure matters, and develop comprehensive documentation that links our business unit accounting practices to the relevant accounting policies
• Evaluate processes and procedures for efficiency and effectiveness, and make improvements where possible
• Assist with ensuring the completeness and accuracy of account reconciliations and general ledger accounts, which requires liaising with other accounting functions
• Liaise with key stakeholders and other functional areas, such as FP&A, Risk, Treasury, IT, etc.
• Liaise with both internal and external auditors
• Assist with special projects / ad-hoc requests as needed

Benefits

• 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.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Industry: Credit Intermediation and Related Activities
• Number of Employees: 5,001-10,000 employees