Sr. Credit to Cash Operations Specialist

OXEA Corporation Company Overview | World leader in Oxo Chemicals

Oxo products are the core competency of OXEA Corporation. We are producing more than 70 oxo intermediates and oxo derivatives for customers in a wide range of industries with various end market applications. Our chemicals are important ingredients in products that are used in daily life around the world. "We" refers to more than 1,200 OXEA employees worldwide. At our plants in Germany, the USA, and China, we produce intermediates and derivatives.

Why Join Us

Join a dynamic, international organization committed to financial excellence, operational discipline, and continuous transformation. As part of a high-performing accounting and finance organization, you will play a pivotal role in ensuring the integrity of the company accounting policies and driving the implementation of evolving accounting standards and best practices.

About the Role

We are seeking a motivated and detail-oriented Senior Credit & Cash Operations Specialist to manage the end-to-end credit-to-cash lifecycle. Reporting to the Global Credit Risk Manager, the role ensures the financial integrity of the global accounts receivable portfolio by performing sophisticated credit risk modelling, financial statement based credit risk underwriting, managing a dynamic global portfolio in a fast-paced environment.  Also executing multiple operational activities requiring execution precision, such as error free cash application in SAP.  As a key stakeholder in the Houston Global Credit-to-Cash (C2C) Operations team, this position bridges the gap between risk mitigation (Credit) and liquidity (Cash) to drive DSO reduction and operational excellence.

Main Tasks & Responsibilities

• Strategic Credit Analysis & Risk Mitigation
  • Credit Risk Analysis: Conduct deep-dive analysis of customer financial statements, credit reports, and payment trends using the proprietary credit model to establish appropriate credit risk rating and credit limits.
  • Portfolio Surveillance: Manage credit over limits and credit insurance coverage for assigned credit portfolio.
  • Strategic Release: Manage the SAP blocked-order workflow (VKM1); analyze risk case-by-case to release or escalate holds in coordination with Sales and Finance.
  • Structured Finance & ABS: Ensure strict compliance with Asset-Backed Securitization (ABS) contracts, including customer classification (sellable/non-sellable) and payment term alignment.
  • Trade Finance: Lead the Letter of Credit (LC) process as the primary contact for banking partners.

• Cash Application & Revenue Lifecycle

  • Cash Application: Execute the timely application of global payments (ACH, Wire, Check) in SAP, ensuring zero-error posting of receipts.
  • Account Reconciliation: Investigate and resolve complex discrepancies, including short payments, deductions, credits and unapplied cash.
  • Collections Leadership: Spearhead the monthly collections recap with the Sales team and manage the weekly dunning cycles (F150) in SAP.
  • Audit & Reporting: Lead AR accounting reconciliations and serve as the Key Point of Contact for internal/external auditors, specifically supporting the biennial ABS audit.
  • Executive Visibility: Publish global and regional weekly collection and sales reports to senior leadership.

Education Requirements

• Bachelor's degree in Finance, Accounting, Economics, or a related business field. 
• Master's degree  or professional certification (e.g., CPCP, CICP, or CMA) preferred.

Experience

• 5+ years of relevant experience in manufacturing, oil and gas, energy or chemical industries preferred.
• Experience leading month-end close and financial reporting processes for large or complex organizations.
• Strong experience implementing new accounting standards and technical accounting guidance.
• Manufacturing, industrial, chemical, or multinational company experience preferred.
• Lead, develop, and coach accounting team members, providing clear objectives, performance feedback, and professional development opportunities. Prior supervisory or people management experience preferred.

Technical Skills 

• SAP Expertise.
• Advanced proficiency in SAP FI (Financial Accounting) and FI-AR (Accounts Receivable).
• Solid understanding of the integration between SAP SD (Sales & Distribution) and FI (VA03, VF03, VKM1).
• Expert knowledge of clearing (F-28, F-32), Credit Master Data (FD32/F.31), and Dunning (F150).
• Advanced Excel skills (Power Query, Pivot Tables, working with large data sets) for publishing multiple reporting, bad debt modelling and provision reporting.

Competencies

• Strong technical accounting expertise and analytical thinking.
• Excellent leadership and team development skills.
• High attention to detail and commitment to accuracy.
• Ability to manage multiple priorities in a fast-paced environment.
• Strong written and verbal communication skills.
• Collaborative, proactive, and solutions-oriented approach to problem solving.