Albany International Corp. is a global advanced textiles and materials processing company. The Finance Intern will be part of the Finance team, assisting with various finance functions including treasury, accounting, and financial forecasting.
Support bank reconciliations, cash applications, accounts payable/receivable, and sales and use tax filings
Support US Income Tax Provision, tax rate analysis, preparation and filing of sales and use tax returns
Banking Relations: Help maintain and manage banking relationships, including coordinating with banks for account setups, fund transfers, and bank fees analysis
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 team members as assigned
Qualification
Required
Assist with a variety of finance functions, including treasury, accounting, tax, financial forecasting
Support bank reconciliations, cash applications, accounts payable/receivable, and sales and use tax filings
Support US Income Tax Provision, tax rate analysis, preparation and filing of sales and use tax returns
Help maintain and manage banking relationships, including coordinating with banks for account setups, fund transfers, and bank fees analysis
Assist with the preparation of weekly and monthly treasury reports, including cash positions, cash flow forecasts, and liquidity analysis
Provide assistance in monitoring short-term investments, interest rates, and market conditions to help manage the company's cash and short-term funding strategies
Help track and report on the company's debt obligations, including loan balances, interest payments, and covenants
Assist with data entry into treasury management systems and contribute to improving treasury workflows and processes
Assist with identifying financial risks, including foreign exchange (FX) risk, interest rate risk, and commodity price fluctuations, and support risk mitigation strategies
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.)
Participate in ad-hoc projects and assist team members as assigned
Preferred
Albany International is a global advanced textiles and materials processing company with two core businesses.
