Head of Treasury Operations

You have a choice of where you want to work! We invite you along on our journey to Purify and Protect, with Every Fiber, for a Sustainable World. We aim to attract, retain, and energize passionate people, like you, by investing in your professional development and providing opportunities for personal growth.
Do your values align with ours? Accountability, Growth mindset, One team, Care and a fair and inclusive work environment for everyone, everywhere!
We strive to meet the highest standards of corporate citizenship by protecting the health and safety of our team, safeguarding the environment, and creating a long-lasting, positive impact on the communities where we do business.  Are you with us?!?

We are looking for an experienced and forward-looking Head of Treasury Operations to lead Ahlstrom’s global Treasury Operations. The role is based at Ahlstrom’s headquarters in Espoo, Finland, with a hybrid work opportunity. In this key leadership role, you will safeguard our financial resources, strengthen liquidity and funding management, and ensure effective treasury controls and governance.

You will combine strategic leadership with hands-on operational oversight and work closely with the VP Group Finance & Treasury, the wider CFO organization, business leaders, Financial Shared Centers, and external financial institutions. You will also have an important role in developing our treasury processes, systems, and capabilities to support Ahlstrom’s business objectives.

You will lead a team of treasury professionals and drive continuous improvement, transformation, and treasury integration activities related to acquisitions and corporate development.

We can offer you:

• A position in a truly global company – some 7,000 employees spread across 45 worldwide locations 


• Continuous learning and development opportunities 


• Flexible working hours 


• An awesome and experienced team 


• Smart & Diverse work 


• Modern office in Espoo, 2-minute walk from Keilaniemi metro station

Your key Responsibilities:

Treasury Operations Leadership

• Lead and develop Ahlstrom's global Treasury Operations function.


• Manage and coach a team consisting of Treasury Dealer/Analyst, Treasury Controller, Factoring Manager, and Cash Manager.


• Establish a high-performance culture focused on operational excellence, controls, accountability, and continuous improvement.


• Ensure capability development and succession planning within the treasury team.

Liquidity and Cash Management

• Ensure effective oversight of global cash management activities and daily liquidity operations executed by the Treasury Operations team.


• Drive efficient utilization of Group liquidity and promote optimization of cash positioning across legal entities and banking structures.


• Lead 13-week liquidity forecasting processes and continuously enhance forecast quality, visibility, and decision-support capabilities.


• Support working capital optimization initiatives in collaboration with business and finance stakeholders.

Debt Management and Funding

• Lead treasury funding operations and oversee debt administration processes, ensuring compliance with financing agreements and internal requirements.


• Support the VP Group Finance & Treasury in capital structure management, financing transactions, refinancing activities, and funding strategy execution.


• Monitor debt covenant compliance and financing obligations.


• Maintain and develop relationships with banking partners and support financing negotiations and funding-related activities.

Financial Risk Management

• Lead interest rate risk management activities and oversee the execution and administration of foreign exchange hedging activities performed by the team.


• Ensure compliance with approved treasury policies and risk management frameworks.


• Monitor treasury risk exposures and provide analysis and recommendations regarding interest rate, foreign exchange, and liquidity risks.


• Maintain appropriate controls, governance, and reporting related to treasury risk management activities.

Receivables Finance & Factoring Programs

• Lead the governance and strategic direction of Ahlstrom's global receivables financing and factoring programs, ensuring alignment with liquidity, funding, and working capital objectives.


• Support the Factoring Manager in the execution and continuous development of factoring and receivables financing activities.


• Ensure effective governance, performance monitoring, compliance, and stakeholder engagement across all factoring programs.


• Support the evaluation and implementation of receivables financing opportunities that enhance cash flow, funding efficiency, and working capital performance.

Treasury Control, Accounting and Reporting

• Oversee treasury accounting processes and ensure accuracy of treasury-related financial reporting.


• Maintain a robust treasury control environment and ensure compliance with internal policies and external requirements.


• Coordinate treasury audit activities and support internal and external auditors.


• Develop management reporting, risk reporting, treasury performance analytics, and key treasury metrics.

Banking and Financial Institution Relationships

• Own operational banking relationships globally and ensure effective management of banking services.


• Be accountable for bank account structures, banking services, mandates, signatory management, and banking documentation, ensuring effective execution by the Treasury Operations team.


• Support strategic banking partner reviews, negotiations, and relationship management initiatives.


• Drive optimization of banking services, costs, and operational efficiency.

Treasury Systems, Processes and Transformation

• Lead treasury process optimization and transformation initiatives.


• Drive automation, standardization, and digitalization of treasury activities.


• Ensure effective utilization, governance, and development of treasury management systems, banking platforms, and related technologies.


• Partner with IT, Finance, and FSC teams on system enhancements, integration projects, and treasury technology development initiatives.

Mergers and Acquisitions

• Lead treasury workstreams for acquisitions, divestments, and organizational restructuring initiatives.


• Oversee treasury integration activities, including banking structures, cash management processes, funding arrangements, treasury systems, and treasury controls.


• Support due diligence activities from a treasury, liquidity, and financial risk perspective.

Stakeholder Management

• Act as a trusted treasury partner to senior leadership, business units, finance teams, FSC, and corporate functions.


• Collaborate closely with the VP Group Finance & Treasury, CFO organization, Accounting, Tax, Legal, Procurement, M&A, and IT functions.


• Represent Treasury in interactions with banks, auditors, rating agencies, financial institutions, and external service providers.

To be successful in this role, you should have:

• Master's degree in Finance, Economics, Accounting, Business Administration, or a related field.


• Significant experience in corporate treasury within an international and multi-currency environment.


• Proven experience leading treasury operations teams in a multinational environment, including liquidity management, funding operations, banking relationships, treasury controls, and financial risk management.


• Strong understanding of debt markets, interest rate risk management, derivatives, treasury accounting, cash management, working capital solutions, and treasury controls.


• Experience leading treasury transformation, automation, process improvement, and digitalization initiatives.


• Experience with Treasury Management Systems (TMS), cash forecasting solutions, banking connectivity platforms, and treasury technology development.


• Demonstrated people leadership experience in developing and managing high-performing teams.


• Strong stakeholder management capabilities with the ability to influence senior management and external partners.

Ready to join our team? 
If this sounds like you then we’d love to hear from you! Please click APPLY and submit your application.

Ahlstrom is an Equal Opportunity Employer.  Equal opportunity is a sound and just concept to which we are firmly bound. Ahlstrom will not engage in discrimination against, or harassment of, any person employed or seeking employment with our company based on race, color, religion, sex, sexual orientation, gender identity, national origin, age, non-disqualifying disability, status as a protected veteran or other characteristics protected by law.
 
About Us. Ahlstrom is a global leader in combining fibers into sustainable specialty materials. Our purpose is to Purify and Protect, with Every Fiber, for a Sustainable World. We aim to be the Preferred Sustainable Specialty Materials Company for all our stakeholders. Our Filtration and Life Sciences, Food and Consumer Packaging, and Protective Materials segments, along with the Performance Materials Cluster, address global trends with safe and sustainable solutions. Our net sales in 2025 amounted to EUR 2.9 billion and we employ some 7,000 people.

Read more at www.ahlstrom.com.