Senior Accountant - Dealer Financial Services (DFS)
Ally Financial - Detroit, MI

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Dealer Financial Services (DFS) Accounting - Senior Accountant

Ally Financial Inc. is a leading automotive financial services company powered by a top direct banking franchise. Ally's automotive services business offers a full suite of financing products and services, including new and used vehicle inventory and consumer financing, leasing, inventory insurance, commercial loans and vehicle remarketing services. Ally Bank, the company's direct banking subsidiary, offers an array of deposit products, including certificates of deposit, savings accounts, money market accounts, IRA deposit products and interest checking. Ally's Commercial Finance unit provides financing to middle-market companies across a broad range of industries

Dealer Financial Services (DFS) Accounting - Senior Accountant

This position reports to the DFS Auto Finance Accounting Director.

Major Duties and Responsibilities: · Assist in research and implementation of certain technical accounting and disclosure matters
· Participate in new product development, including outlining accounting implications and financial impact as well as implementation
· Prepare certain month-end journal entries and account reconciliations
· Prepare SEC footnote disclosure information in support of GMAC’s 10-Q/10-K reporting process
· Support global financial accounting systems initiatives (e.g. SAP general ledger)
· Coordinate with other functional areas/teams such as Risk, Treasury, etc.
· Assess current accounting practice and global accounting policies, and develop comprehensive documentation that links our business unit accounting practices to the global accounting policies
· Liaise with other accounting groups that impact the auto finance general ledger (e.g. Securitization Accounting, Financial Shared Services, Ally Bank Accounting team, Tax, etc.) and work with these teams to implement process improvements as needed
· Review current accounting processes (i.e. primarily journal entry and account reconciliation procedures) and implement improvements to make processes more efficient where applicable
· 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)
· Liaise with both internal and external auditors
· Assist in special projects / ad hoc requests, as required
Knowledge, Skills and Abilities: · Working knowledge and appreciation of month-end financial close and internal reporting processes
· Intermediate technical skills related to controller’s applications
· Capacity to anticipate and develop new processes with minimal direction
· Proficient knowledge of computer skills including MS Office applications
· Strong project management skills and ability to effectively prioritize tasks
· High level of written and oral communication skills
· High level of interpersonal skills to work effectively with other team members
· Strong analytical and problem solving skills
Professional Requirements: · Undergraduate degree in accounting – CPA required
· Two to four years minimum experience with Big 4 Public Accounting firm preferred
Working at Ally is Rewarding!

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

Ally Offers Competitive Benefits: ·
· 401K Matching and Company Contributions
· Paid Time Off (Roll-over up to 150%)
· Variable Pay (bonuses)
· Tuition Reimbursement
· Comprehensive Health Insurance Coverage
· Vendor Partnership Discount Program
· Charitable Gift Contribution Matching
· Adoption Assistance
Ally is an equal opportunity employer in that our policy, in accordance with federal & state laws, prohibits employment discrimination solely on the basis of a person's race, color, creed, sexual orientation, sex, marital status, or disability except where a reasonable, bona fide occupational qualification exists.
Job Accounting / Finance
Primary Location United States-Michigan-DETROIT

Organization Finance - 1001180001
Schedule Full-time

Job Posting Oct 17, 2013, 2:46:28 PM

Ally Financial - 15 months ago - save job - copy to clipboard
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“Ally Financial Inc. is a leading automotive financial services company powered by a top direct banking franchise. Ally's automotive...