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Treasury Manager

Albany International Corp.
United States, New Hampshire, Portsmouth
325 Corporate Drive (Show on map)
Mar 13, 2025

Albany International is seeking a Treasury Manager to join our Corporate team in Portsmouth, NH.

As Treasury Manager - Americas, you will play a key role in managing regional liquidity, optimizing banking relationships, and supporting strategic treasury initiatives. This role is critical in ensuring efficient cash management, debt compliance, and risk mitigation across multiple entities and jurisdictions. You will work closely with internal finance teams, external banking partners, and cross-functional stakeholders to enhance treasury operations and drive process improvements. If you are a seasoned professional with the prerequisite skills, and are a team-player with a positive attitude interested in working in a collaborative environment, then this is a great role for you.

Albany International Corp. is a global advanced textiles and materials processing company. The products and technologies help make paper smoother, tissue softer, and aircraft engines and structures lighter. The company has 2 core businesses, The Machine Clothing (MC) segment -is the world's leading producer of custom-designed fabrics and belts essential to production in the paper, nonwovens, and other process industries and Engineered Composites (EC) is a rapidly growing supplier of highly engineered composite parts for the aerospace industry.

Responsibilities & Key Areas


In the performance of their respective tasks and duties all employees are expected to exhibit the following core company values: Albany wins together, count on each other, own your actions, care about each other, share your enthusiasm.

Cash & Liquidity Management:



  • Oversee daily cash positioning, cash flow forecasting, and working capital optimization.
  • Manage short-term borrowing decisions under the company's revolving credit facilities.
  • Ensure efficient use of cash and recommend investment strategies for excess liquidity.



Banking & Payments:



  • Maintain and enhance banking relationships, negotiating services and fee structures.
  • Oversee account openings, closures, and service implementations.
  • Ensure compliance with internal controls and SOX requirements for treasury operations.



Risk Management & Compliance:



  • Monitor foreign exchange and interest rate exposures.
  • Track and manage letters of credit, FX hedges, and interest rate derivatives.
  • Support debt covenant compliance and reporting.



Process & Technology Improvement:



  • Lead treasury-related projects to implement automation and improve efficiencies.
  • Optimize SAP Treasury and other treasury systems to enhance reporting and forecasting.
  • Collaborate with shared service centers and global treasury teams on best practices.
  • Support senior management with financial modeling, treasury analysis, and scenario planning.
  • Occasional, but less than 10%, travel to various company locations


Preferred Experience/Characteristics/ Competencies & Education



  • Bachelor's degree in Finance, Accounting, Economics, or related field. MBA or CTP a plus.
  • 5+ years of corporate treasury, banking, or finance experience.
  • Strong understanding of cash management, debt financing, FX, and risk management.
  • Proficiency in SAP, treasury management systems, and Excel-based financial modeling.
  • Strong analytical, problem-solving, and communication skills.
  • Ability to work in a fast-paced, multinational environment.
  • US Citizens and those authorized to work in the US are encouraged to apply, we are unable to sponsor at this time.



Remuneration & Benefits/ Other



  • Location: Portsmouth, NH. Full-time office.
  • Compensation: Will be structured to attract and retain the best possible candidate.

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