Credit & Cash Operations Specialist

OXEA Corporation 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 1,400 OXEA employees worldwide. At our plants in Germany, the USA, China and the Netherlands, we produce intermediates and derivatives.

Job Purpose

The Credit & Cash Operations Specialist is a dual-function role responsible for managing the end-to-end credit-to-cash lifecycle. This role ensures the financial integrity of the global accounts receivable portfolio by performing sophisticated credit risk modelling, managing complex lending documentation, and executing precise cash application within 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

• Risk Modeling: Conduct deep-dive analysis of customer financial statements, credit reports, and payment trends using the proprietary credit model to establish and adjust limits.
• Portfolio Surveillance: Act as the primary liaison for credit insurance (COFACE, Euler Hermes, Solutia) and manage daily exposure monitoring.
• 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.
• Complex Lending: Negotiate documentation and payment security terms for high-value transactions to ensure receivables are properly secured.
• Trade Finance: Lead the Letter of Credit (LC) process as the primary contact for banking partners (e.g., Citizens Bank), managing the discount and resolution process.
  
  

Cash Application & Revenue Lifecycle

• Capital Allocation: 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, 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.
  
  

Key Interactions

• Internal: Sales & Commercial Leadership, Global Treasury & Cash Management, Regional Finance Teams (Europe/Germany), Corporate Accounting & Internal Audit, IT & SAP Functional Support.
• External: Global Customer Base, Banking Institutions (e.g., Citizens Bank), Credit Insurance Providers (COFACE, Euler Hermes, Solutia), External Auditors
  
  

Working Conditions

• This position primarily involves working at a desk and using a computer for extended periods.
• Occasional lifting of up to 15 pounds may be required.
• The role requires the ability to move throughout and access various departments within the organization’s facilities.
• A hybrid work schedule with flexible hours is available.
  
  

Education Requirements

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

Language Requiements

• English native or professional fluency required. Proficiency in Spanish or German is highly advantageous to support our global operations and European entities.
  
  

Background & Experience

• Experience: Minimum of 5 years of relevant experience in manufacturing, oil and gas, energy or chemical industries preferred.
• Analytical Rigor: Ability to synthesize complex financial data into actionable credit decisions.
• Operational Agility: Highly responsive to changing requirements during organizational transformation or centralization.
• Strategic Communication: Ability to manage the narrative with Sales and Lenders while maintaining strict confidentiality.
• Meticulous Accuracy: Exceptional attention to detail in high-volume, time-sensitive financial environments.
  
  

Competencies & Skills

Technical Skills (SAP Expertise)

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

OXEA is proud to be an equal opportunity employer. We do not tolerate discrimination based on race, sex, age, color, national origin, marital status, religion, sexual orientation, gender identity, disability status, veteran status, or any other basis protected by law.

Check Out Our Benefits

• Excellent Medical, Dental, and Vision Insurance Plans
• Health Equity Health Fund for health and dependent care
• Disability Benefits
• Basic Group Term Life and Accidental Death and Dismemberment (AD&D)