Finance Intern Job at Albany International Corp., Portsmouth, NH

R2RsZHo2NVJRRWRodzVtMjgvUjlobnJkR2c9PQ==
  • Albany International Corp.
  • Portsmouth, NH

Job Description

The Treasury Intern will be part of our Finance team, assisting with a variety of treasury functions, including cash management, liquidity analysis, banking relationships, and financial forecasting. This internship provides an excellent opportunity to gain hands-on experience in corporate treasury operations and learn about financial risk management, capital markets, and corporate finance.

Albany International Corp . is a global advanced textiles and materials processing company. The company has two core businesses, The Machine Clothing 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
  • Cash Management: Assist in daily cash management activities, including monitoring cash balances, reconciling bank accounts, and ensuring sufficient liquidity for business operations.
  • Banking Relations: Help maintain and manage banking relationships, including coordinating with banks for account setups, fund transfers, and bank fees analysis.
  • Cash Forecasting: Support the preparation of short-term and long-term cash forecasts to ensure liquidity for day-to-day operations and strategic initiatives.
  • Financial Reporting: Assist with the preparation of weekly and monthly treasury reports, including cash positions, cash flow forecasts, and liquidity analysis.
  • Investment Support: Provide assistance in monitoring short-term investments, interest rates, and market conditions to help manage the company's cash and short-term funding strategies.
  • Debt Management: Help track and report on the company's debt obligations, including loan balances, interest payments, and covenants.
  • Treasury Systems & Processes: Assist with data entry into treasury management systems and contribute to improving treasury workflows and processes.
  • Risk Management: Assist with identifying financial risks, including foreign exchange (FX) risk, interest rate risk, and commodity price fluctuations, and support risk mitigation strategies.
  • Compliance & Documentation: Ensure that all treasury operations are in compliance with internal policies and external regulations. Assist in maintaining accurate documentation of transactions and treasury activities.
  • Assist with annual and periodic audits.
  • Validation of vendor master data (checking payment method, reviewing IBANs, routings, etc.).
  • Special Projects: Participate in ad-hoc projects and assist senior treasury team members as assigned.
Qualifications:

Education and Experience:
  • Current pursuing a degree in Finance, Accounting, or a related field.
  • Minimum GPA 3.0
Abilities:
  • Strong interest in corporate finance, treasury management, and financial markets.
  • Proficient in Microsoft Office, especially Excel (advanced skills in Excel are a plus).
  • Analytical mindset with the ability to interpret financial data and assist in forecasting and budgeting.
  • Excellent attention to detail, organizational skills, and the ability to manage multiple tasks in a fast-paced environment.
  • Strong communication skills (both written and verbal) to effectively collaborate with internal teams and external partners.
  • A proactive, self-starter who is eager to learn and contribute to the treasury function.
  • Ability to work both independently and as part of a team.
  • Experience with SAP or similar ERP system a plus.

Job Tags

Temporary work, Internship, Work at office,

Similar Jobs

Get It - Real Estate

Mortgage Loan Underwriter - Remote | WFH Job at Get It - Real Estate

 ...Working within established Conventional, Jumbo, and Government underwriting guidelines, you will collaborate with a dedicated production...  ...Flexibility: Work from a local office or take advantage of a remote work opportunity. Key Responsibilities: Underwrite and assess... 

Connecticut State Community College

Non-Credit Lecturer-Certified Nurse Aide Job at Connecticut State Community College

 ...Details: Posted: March 4, 2025 Level: Non-Credit Lecturer Hours: Part-time up to 17 hours per week.(Course is taught during...  ...Home - CT State Courses include the following: ~ Certified Nurse Aide -RN/LPN CT State Community College Mission: Connecticut... 

Windy Ridge Veterinary Clinic

Small Animal Groomer Job at Windy Ridge Veterinary Clinic

 ...Job Description Professional Pet Groomer We're looking for a small animal groomer to join our passionate team at Windy Ridge Veterinary Clinic in Pipestone, Minnesota. We have a spacious grooming facility in our clinic. Our current groomer has established a clientele... 

Cramer Children's Center

FORENSIC NURSE EXAMINER Job at Cramer Children's Center

 ...compassionate care, comprehensive documentation, and timely collection of forensic evidence to victims of sexual and domestic violence or...  ...of Biological, Physical, Behavioral, Social, and Nursing sciences to meet complex health care needs at various stages of the life... 

Neiman Marcus Group Careers

Personal Stylist Program Manager - San Francisco Job at Neiman Marcus Group Careers

Neiman Marcus Group is a relationship business that leads with love in everything we dofor our customers, associates, brand partners, and communities. Our legacy of innovating and our culture of Belonging guide our roadmap for Revolutionizing Luxury Experiences. Our ...