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Vice President, Finance

Job in Rochester, Strafford County, New Hampshire, 03867, USA
Listing for: Albany International Corp.
Full Time position
Listed on 2025-12-05
Job specializations:
  • Finance & Banking
    Financial Manager, CFO
  • Management
    Financial Manager, CFO
Job Description & How to Apply Below

Vice President - Finance

1 day ago Be among the first 25 applicants

Job Purpose

As Vice President - Finance, you will provide strategic leadership and oversight for the development and implementation of finance and business operations and operate as a key stakeholder in business growth and strategic planning for a defined business area. You will act as a strategic partner to business area leadership with focused responsibility for long‑range financial planning, budget preparation, cost control and oversight, business resource planning and tracking, and ensuring financial program performance is achieved for the business unit/area portfolio.

You will direct financial program portfolio status and overall organizational business management by supporting project/program budgeting, program scheduling, indirect cost budgeting and tracking, and measuring/reporting financial progress to achieve organizational goals. This position is accountable to the CFO and closely partnered with the President through a strong dotted‑line relationship, ensuring both financial stewardship and segment leadership alignment.

Job Responsibilities
  • Serve as a business partner and source of insightful, innovative business guidance and counsel to the President of AEC, the CFO and the Chief Executive Officer.
  • Lead responsibility for the segment’s annual operating plan process, quarterly updates to current year forecast, and long‑range financial forecasts.
  • Play a key role in supporting new business development, including financial projections.
  • Ensure the accurate and timely completion of monthly financial statements, in accordance with the Company’s accounting manual.
  • Lead the staff and business processes that support the collection, organization, analysis and reporting of the financial information required for sound decision making by AEC’s management.
Essential Functions
  • Hands on management of the Finance function.
  • Management of accounting practices and related internal controls to ensure compliance with the Federal Acquisition Regulations (FAR/DFARS), US Government Cost Accounting Standards (CAS), and other Contractor Business Systems requirements.
  • Lead the preparation and support negotiation of forward pricing rates and incurred costs claims, as applicable.
  • Provide guidance to Program Managers, Technical Leads, and segment leadership related to financial performance of contracts.
  • Oversight of program financials for Orders, Sales, EBIT, and Cash including preparation of financial reports and briefings to leadership.
  • Responsible for influencing day‑to‑day execution of all financial activity related to Programs, Proposals, Reviews, including the development of strategies necessary to achieve program financial goals.
  • Oversight of Program Finance organization, to include development of time‑phased budgets following contract award; establishment of key performance metrics and milestones; ongoing reporting of Program(s) cost and schedule variances in accordance with company policy; ETC/EAC preparation and review, analysis and monitoring; maintenance and reporting of timely performance data to division management team as well as customer; investigation of financial irregularities; financial program compliance;

    prepare milestone invoices and analyze program cash forecast.
  • Oversight of EVM responsibilities, to include analysis of earned value metrics and concepts; ability to identify issues based on results; work with Control Account Managers and Program Managers to help interpret the data into meaningful information; ability to train on EV concepts and coordinate inputs across multiple functional organizations, help analyze variance analysis inputs.
  • Comprehensive knowledge of U.S. GAAP, accounting closing and reporting procedures, long‑term contract accounting and Finance and Accounting systems best practices.
  • Finance and accounting experience within public accounting firms and/or publicly held companies is strongly preferred, as is Sarbanes‑Oxley Act compliance, SEC reporting and disclosure experience and government contracting compliance.
Preferred Additional Skills
  • Prior proven leadership experience
  • Expertise on CAS, FAR, DFARS to ensure business…
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