Ally Accounting Manager in Detroit, Michigan

Position Description

This position is on the Capital Markets Accounting team and will be responsible for both the GAAP and Statutory accounting and reporting of Ally's investment portfolio. The position will also support investment analytics on other investment portfolios.

Job Responsibilities

  • Lead the quarterly/annual preparation & review of statutory reporting for investments residing at Insurance

  • Prepare annual SRQ filing for investments in support of AM Best insurance rating

  • Participate in annual preparation & review of combined statutory statements/footnotes for external audit review

  • Participate in the quarterly preparation of various GAAP reporting and other regulatory disclosures

  • Support month end close - participate in monthly preparation & review of Investment Accounting results

  • Partner with the Front Office, BSM, FP&A and other groups to develop and maintain various analytical reviews to support our accounting results

  • Support any significant technology changes and/or upgrades

  • Support any accounting changes or methodology changes in response to new GAAP or regulatory requirements or changes in business objectives

  • Collaborate with Technology and develop subject matter expertise in our accounting and reporting systems

  • Continuously identify business process improvements

  • Contribute to ad hoc analytical projects as necessary both within and beyond your primary area of focus

  • Work collaboratively with Finance, Insurance, Treasury Ops, IT and other partners to ensure enterprise objectives are met

  • Manage a team of employees to support these objectives


  • BS/BBA degree in Accounting/Finance required

  • Advanced degree or CPA/CFA (or working toward) required

  • Experience in either statutory or investment accounting preferred

  • Minimum 7-10 years previous work experience in Accounting/Finance

  • Detail oriented

  • Proven track record of driving for results with minimal ongoing direction

  • Proven track record of influencing decisions with great analytics

  • Energetic and inquisitive, quick learner, takes initiative

  • Ability to work with complex transactions

  • Ability to communicate effectively, both written and verbal

  • Ability to collaborate with multiple other teams to achieve desired business objectives

Ally Overview

Ally Financial Inc. (NYSE: ALLY) is a leading digital financial services company and a top 25 U.S. financial holding company offering financial products for consumers, businesses, automotive dealers and corporate clients. Ally's legacy dates back to 1919, and the company was redesigned in 2009 with a distinctive brand, innovative approach and relentless focus on its customers. Ally has an award-winning online bank (member FDIC), one of the largest full service auto finance operations in the country, a complementary auto-focused insurance business, a growing digital wealth management and online brokerage platform, and a trusted corporate finance business offering capital for equity sponsors and middle-market companies.

Business Unit/Enterprise Function

Finance strives to be a trusted adviser to the enterprise and prides itself on maintaining the highest level of integrity and accountability. Finance is responsible for finance reporting, financial analysis, accounting, strategy and planning, tax and investor relations.

Total Rewards Information

Ally's compensation program offers market-competitive base pay and bonus pay potential based on achieving personal and company goals. Plus, we have a flexible paid time-off program with an emphasis on work-life balance.

Ally offers a variety of benefits to protect your health and well-being, provide financial security and balance your work-life needs including:

  • Industry-leading 401K Retirement Savings Plan including Matching and Company Contributions

  • Comprehensive wellness program with financial incentives designed to help you achieve your best health

  • Flexible health insurance options including dental and vision

  • Pre-tax Health Savings Account with generous employer contributions

  • Pre-tax dependent care and commuter benefits

  • Other work-life integration benefits including Paid Parental & Caregiver Leave, Adoption Assistance, Back-up Child & Adult/Elder Care, Child Care Discounts, Tuition Reimbursement, LifeMatters Employee Assistance Program, Weight Watchers and other employee discount programs

Ally is an Equal Opportunity Employer

We extend equal employment opportunities to qualified applicants and employees on an equal basis regardless of an individual's 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.

Job Title: Accounting Manager

Company: Ally Financial Inc.

Category: Finance

BU Function: Finance

Requisition ID: 18-6738