Ally Financial

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 live 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

Your Accounting Internship with Ally will move you from educated to experienced; connecting you with diverse teams and functions across the country. You will have the opportunity to interact with Ally’s leadership and learn from their personal successes. The Ally Accounting Internship Program seeks to guide and mentor students with development opportunities designed to provide a bridge between the academic world and the world of business with roles in Business Unit and Enterprise Accounting, Tax Accounting, Financial Controls, and so much more. #LI-DNP

Our Accounting Team contributes to Ally’s success by providing accounting and reporting oversight for all of Ally’s business units, enterprise functions, capital markets activities, payroll, and finance shared services. Our teams are organized to monitor accounting standards and coordinate the implementation of new accounting standards.

Ally’s internship program offers the following components:

• Formal company orientation and training
• Executive speaking series
• Experienced mentors
• Hands-on experience
• Project-based work
• Leadership and career development
• Networking opportunities

The Details

• Program Start Date: May 2027
• Program End Date: August 2027
• In-Person Internship with flexibility
• 40 hours a week
• Market competitive compensation

The Work Itself

Interning within Accounting means being part of a team that contributes to Ally’s success by providing accounting and reporting oversight for all of Ally’s business units, enterprise functions, capital markets activities, payroll, and finance shared services. Our teams are organized to monitor accounting standards and coordinate the implementation of new accounting standards. Throughout the duration of the 11-week program, you'll have the ability to hone your technical accounting skills, while also developing your communication skills and gaining knowledge of the banking industry.

Accounting interns are given the opportunity to review detailed descriptions of each team and provide input on which team they would like to intern with for the summer. You could be on teams such as…

Business Unit & Enterprise Accounting

• Accounting and reporting for Ally Business Lines and Enterprise Functions including, but not limited to: Automotive Finance, Corporate Finance, Ally Invest, Corporate Consolidations, Debt, and Capital Markets

Tax Accounting, Planning & Reporting

• Preparing the tax provision and related disclosures
• Forecasting tax expense and its components
• Preparing and filing tax returns
• Evaluating the impact of current and proposed tax laws

Financial Controls

• Design, plan, and implement testing over internal controls
• Testing and related governance of account reconciliations
• Efficiently and effectively resolve internal control matters

Financial Reporting

• Preparation of reports filed with the SEC (Forms 10-K/Q, 8-K, etc.)
• Preparation of various documents for regulatory and industry reporting
• Coordination with external auditors

The Skills You Bring

Required qualifications.

• Rising Senior in a full-time undergraduate program or Rising Masters of Accounting student (during the time of internship) in a relevant field of study, such as Accounting, Business Administration, or Economics. Rising Juniors may also be considered.
• Interest in pursuing a CPA license is required.
• Excellent leadership, interpersonal and communication skills.
• Available for the full duration of the internship program.
• Eligible to work in the US for any employer without sponsorship from the company now or in the future.

Preferred qualifications.

• Previous accounting internship experience or relevant accounting project work is preferred.
• Extracurricular activities/leadership experience is a plus (student organizations, volunteering, sports, part-time roles, etc.).

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 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.
• To view more detailed information about Ally’s Total Rewards, please visit this link: 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 with passionate customer service and innovative financial solutions. We are relentlessly focused on "Doing it Right" and being a trusted financial-services provider to our consumer, commercial, and corporate customers. For more information, visit www.ally.com.

Ally is an equal opportunity employer committed to diversity and inclusion in the workplace. All qualified applicants will receive consideration for employment without regard to 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.

We are committed to working with and providing reasonable accommodation to applicants with physical or mental disabilities. For accommodation requests, email us at hrpolicy@ally.com. Ally will not discriminate against any qualified individual who is capable of performing the essential functions of the job with or without reasonable accommodation.