Ally Financial
Accountant II - CFO Group Business Line Risk
Ally Financial, Detroit, Michigan, United States, 48228
Overview
Ally Financial is seeking a CFO Group Business Line Risk Accountant II to assist in the identification and mitigation of risk throughout the CFO Group. This role includes evaluating the design and operating effectiveness of Ally’s internal control environment and supporting management in establishing and maintaining a risk framework for the business line, as well as supporting other established risk processes within the CFO Group Business Line Risk function. The group evaluates the design and operational effectiveness of detective and preventative controls within processes that support financial reporting and other operational processes to foster a robust risk environment. The role requires understanding processes and business cycles, identifying and assessing risks and management’s controls, including those that support Ally’s SOX compliance. The work is performed in a hybrid environment with on-site and other work arrangements discussed during the hiring process. The Work Itself
Coordinate the performance of process and control walkthroughs with management to identify key risks and evaluate related mitigating controls Assess operating effectiveness of identified key controls in conjunction with testing deadlines Identify opportunities for process improvements and efficiencies and related risks, including qualitative improvements in control operations, to minimize deficiencies Monitor management’s action plans for identified issues to support timely remediation and closure of issues Evaluate the preparation of account reconciliations and compliance with enterprise policies; provide feedback to owners in various business lines Coordinate walkthrough debriefs and testing deliverables with internal and external auditors Support the CFO Group Business Line Risk team with special ad hoc projects as needed The Skills You Bring
Bachelor’s degree required; degree in Accounting, Finance or related field preferred Master’s degree preferred CPA, CIA or equivalent a plus 1+ year of previous work experience in Accounting, Audit, Risk, or related field Experience with audit industry documentation standards (workpapers, flowcharting, narratives, walkthroughs, and control testing) preferred Demonstrated knowledge of internal control, risk concepts and auditing standards; controls-based testing experience a plus Advanced MS Excel skills including pivot tables and v-lookups Detail-oriented, flexible with strong organizational, problem-solving, and analytical skills Ability to work independently and provide frequent updates to team managers on progress and potential issues Ability to recognize opportunities for and initiate process improvements within the team and in business lines Effective written and verbal communication across multiple teams Financial services experience a plus Compensation and Benefits
Ally’s compensation program offers market-competitive base pay and pay-for-performance incentives based on achieving personal and company goals. Our Total Rewards program includes compensation and benefits designed to meet your needs and those of your family. Details include: Time Away:
20 paid time off days plus 11 paid holidays and 8 hours of volunteer time off yearly (pro-rated based on start date and role). Planning for the Future:
401K retirement plan with company contributions, student loan pay downs and 529 educational savings assistance, tuition reimbursement, employee stock purchase plan, financial learning resources and access to financial coaching. Health & Well-being:
medical, dental, vision, life insurance, disability coverage, pre-tax Health Savings Account with employer contributions, Healthcare FSA, critical illness, accident & hospital indemnity insurance, and a comprehensive well-being program. Building a Family:
adoption, surrogacy and fertility assistance; paid parental and caregiver leave; dependent care options and discounts. Work-Life Integration:
employee assistance program, wellness programs, and other benefits. Other compensation:
potential travel allowances, relocation assistance, signing bonus and/or equity depending on the role. For more details, see Ally’s Total Rewards snapshot: https://www.ally.com/content/dam/pdf/corporate/ally-total-rewards-snapshot.pdf Who We Are
Ally Financial is a customer-centric, leading digital financial services company focused on doing it right and providing trusted services to our customers. For more information, visit www.ally.com. Ally is an equal opportunity employer committed to diversity and inclusion. All qualified applicants will be considered regardless of 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 protected status. We provide reasonable accommodations to applicants with physical or mental disabilities. For accommodation requests, please email hrpolicy@ally.com. Base Pay Range:
$55,000 - $95,000 USD. An individual’s position in the range is determined by the specific role, scope and responsibilities, work experience, education, certification(s), training, and other qualifications. We review internal pay, the competitive market, and business environment prior to extending an offer. Eligible for incentive compensation under Ally’s annual incentive plan.
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Ally Financial is seeking a CFO Group Business Line Risk Accountant II to assist in the identification and mitigation of risk throughout the CFO Group. This role includes evaluating the design and operating effectiveness of Ally’s internal control environment and supporting management in establishing and maintaining a risk framework for the business line, as well as supporting other established risk processes within the CFO Group Business Line Risk function. The group evaluates the design and operational effectiveness of detective and preventative controls within processes that support financial reporting and other operational processes to foster a robust risk environment. The role requires understanding processes and business cycles, identifying and assessing risks and management’s controls, including those that support Ally’s SOX compliance. The work is performed in a hybrid environment with on-site and other work arrangements discussed during the hiring process. The Work Itself
Coordinate the performance of process and control walkthroughs with management to identify key risks and evaluate related mitigating controls Assess operating effectiveness of identified key controls in conjunction with testing deadlines Identify opportunities for process improvements and efficiencies and related risks, including qualitative improvements in control operations, to minimize deficiencies Monitor management’s action plans for identified issues to support timely remediation and closure of issues Evaluate the preparation of account reconciliations and compliance with enterprise policies; provide feedback to owners in various business lines Coordinate walkthrough debriefs and testing deliverables with internal and external auditors Support the CFO Group Business Line Risk team with special ad hoc projects as needed The Skills You Bring
Bachelor’s degree required; degree in Accounting, Finance or related field preferred Master’s degree preferred CPA, CIA or equivalent a plus 1+ year of previous work experience in Accounting, Audit, Risk, or related field Experience with audit industry documentation standards (workpapers, flowcharting, narratives, walkthroughs, and control testing) preferred Demonstrated knowledge of internal control, risk concepts and auditing standards; controls-based testing experience a plus Advanced MS Excel skills including pivot tables and v-lookups Detail-oriented, flexible with strong organizational, problem-solving, and analytical skills Ability to work independently and provide frequent updates to team managers on progress and potential issues Ability to recognize opportunities for and initiate process improvements within the team and in business lines Effective written and verbal communication across multiple teams Financial services experience a plus Compensation and Benefits
Ally’s compensation program offers market-competitive base pay and pay-for-performance incentives based on achieving personal and company goals. Our Total Rewards program includes compensation and benefits designed to meet your needs and those of your family. Details include: Time Away:
20 paid time off days plus 11 paid holidays and 8 hours of volunteer time off yearly (pro-rated based on start date and role). Planning for the Future:
401K retirement plan with company contributions, student loan pay downs and 529 educational savings assistance, tuition reimbursement, employee stock purchase plan, financial learning resources and access to financial coaching. Health & Well-being:
medical, dental, vision, life insurance, disability coverage, pre-tax Health Savings Account with employer contributions, Healthcare FSA, critical illness, accident & hospital indemnity insurance, and a comprehensive well-being program. Building a Family:
adoption, surrogacy and fertility assistance; paid parental and caregiver leave; dependent care options and discounts. Work-Life Integration:
employee assistance program, wellness programs, and other benefits. Other compensation:
potential travel allowances, relocation assistance, signing bonus and/or equity depending on the role. For more details, see Ally’s Total Rewards snapshot: https://www.ally.com/content/dam/pdf/corporate/ally-total-rewards-snapshot.pdf Who We Are
Ally Financial is a customer-centric, leading digital financial services company focused on doing it right and providing trusted services to our customers. For more information, visit www.ally.com. Ally is an equal opportunity employer committed to diversity and inclusion. All qualified applicants will be considered regardless of 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 protected status. We provide reasonable accommodations to applicants with physical or mental disabilities. For accommodation requests, please email hrpolicy@ally.com. Base Pay Range:
$55,000 - $95,000 USD. An individual’s position in the range is determined by the specific role, scope and responsibilities, work experience, education, certification(s), training, and other qualifications. We review internal pay, the competitive market, and business environment prior to extending an offer. Eligible for incentive compensation under Ally’s annual incentive plan.
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