Accountant II

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 The Accountant II position will play a critical role in the calculation of the company’s regulatory capital position in a dynamic regulatory environment and preparation of related regulatory, SEC, and other public-facing reporting. Under general supervision, the position will be primarily focused on the preparation and analysis of these reports to ensure accurate and timely filings, maintain effective internal controls over financial reporting, and assist business partners in understanding reporting requirements. The role provides the opportunity to gain exposure to business line partners and other stakeholders and develop a deep understanding of how regulatory requirements guide Ally's business decisions. The position requires an individual with relevant accounting and reporting experience who is able to leverage prior experience to develop fresh ideas and concepts. This position reports to an External Reporting Director and will interact closely with SEC Reporting and Regulatory Reporting and support internal reporting prepared for C-level executives within the organization. The Work Itself • Interim and quarterly calculation and analysis of Ally’s regulatory capital position, including Common Equity Tier 1 capital, additional Tier 1 capital, Tier 2 capital, and risk-weighted assets • Responsible for preparing and analyzing reports, schedules, and other deliverables pertaining to regulatory capital such as FR Y-9C Schedule HC-R, FFIEC 031 Schedule RC-R, regulatory disclosures within Ally’s Form 10-Q and 10-K, and Basel III public disclosures; including performing analytical procedures and other internal controls to ensure reports are accurate and in compliance with required regulations • Coordinate with the Capital Planning function of Ally’s Treasury team on regulatory capital matters and assist with their reporting related to Comprehensive Capital Analysis and Review (CCAR) as needed • Track and analyze rulemaking activities related to regulatory capital and assist with the interpretation and application of new guidance and reporting requirements • Assist with strategic initiatives within the regulatory capital space including adoption of new rules, advancing process automation, leveraging new capabilities within Nasdaq AxiomSL ControllerView, and driving other efficiencies and process improvements • Support effective design/implementation and operation of internal controls to ensure completeness, accuracy, and proper presentation of regulatory reports and other reporting • Assist business line partners in their understanding of reporting requirements and regulatory capital considerations when new requirements or business initiatives arise • Assist SEC Reporting and Capital Planning teams to ensure consistency and accuracy of capital-related information • Review and maintain the relevant distribution lists and policies and procedures documents for assigned schedules and processes • Assist internal auditors, Business Line Risk, Model Risk Management, and external auditors as directed Preferred Qualifications • 1+ years previous work experience in Accounting or related field. • Advanced MS Excel (pivot tables, v-lookups, etc.) preferred. • Proficient knowledge of Nasdaq AxiomSL ControllerView application preferred. • General accounting and/or functional skills for area of expertise. • Ability to organize data, perform independent analysis, and provide explanations/conclusions to management. • Exhibit a strong work ethic and high degree of self-motivation. • Must possess good communication skills. • Ability to work with limited supervision while applying previous experience to execute moderately complex tasks. • Ability to contribute meaningfully to 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 routine matters, usually under supervision. Minimum Qualifications • 1+ years of relevant experience • Bachelor's degree in Accounting preferred or relevant field(s) of study or 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 4