Senior Cash Analyst

Company Overview

Grounded by a history that is deeply rooted in innovation, Hexion is a global employer committed to building and protecting the future by producing innovative performance materials. Our materials are the building blocks for critical industries, including construction, agriculture, energy, automotive, and infrastructure protection. Everywhere you look, you will find our materials and people at work to help customers make products that are stronger, safer, and cleaner. When you work for Hexion, you’ll join a team that is committed to operating safely and with integrity to build a more sustainable future for all, our associates, our customers, and the communities where we live and work.  

Position Overview

The primary role of Senior Cash Analyst is to coordinate the timely and accurate processing of payment transactions on behalf of assigned entities and assists in the daily operations of Hexion’s North American and Europe cash management and banking function.  This position is also responsible for monitoring daily cash activities for the business and is required to work cross functionally with Global Treasury, HR, AP, Procurement, Controllership, Finance, Tax and Legal and have a solid understanding of the cash flows and strategies for Hexion. 

Job Responsibilities

• Creates standard and special SAP payment proposals for all assigned entities. 
• Coordinates approval, necessary revision and processing of SAP payment proposals. 
• Processes manual wire transfers in accordance with defined policies through TMS or electronic banking systems. 
• Ensures timely identification and resolution of all returned payment transactions and initiates appropriate action with Account Payable or Procurement to avoid reoccurrence. 
• Assists in maintaining related records, files and statistics on SAP payment proposal activity. 
• Provides documentation and assistance to Accounting, Accounts Payable and Procurement to ensure proper maintenance and posting of vendor disbursement transactions. 
• Supports the company’s Audit compliance initiatives. 
• Prepares weekly 13 week cash forecast 
• Prepares daily cash tracker 
• Helps maintain bank portal access, TMS access, and administration activities 
• Work with IT to resolve Integrity feed issues for daily banking activity 
• Provides world-class treasury services to all internal and external customers. 
• Other duties as assigned. 

Key Interfaces for the Role  

• Global Treasury 
• HR 
• AP 
• Procurement 
• Controllership 
• Tax  
• Legal 
• Finance 

Knowledge, Skills, Attributes and Experience (KSAEs)

Skills and Knowledge Required for the Role  

• Use creative solutions and resourcefulness to quickly solve any problems affecting productivity and process execution  
• Ability to take ownership of work-product streams and seek advice from others, when needed, to make decisions  
• Focuses on both short-term results and long-term goals.  
• Takes accountability for decisions made in support of work-product development and process optimization.  
• Broad knowledge and relationships across different parts of the organization: Commercial, Procurement, AP, HR, Tax, and Legal 
• Clearly communicates plans and schedules, followed by assumptions and solutions used to derive the information.  
• proficient in Microsoft Excel and Power BI  

Academic Qualifications and Work Experience  

• Bachelor’s Degree in Finance, Accounting or Business or equivalent experience required  
• 5+ years experience 
• Strong understanding of Treasury processes  
• Strong analytical and problem-solving abilities 
• Effective communication and interpersonal skills 
• Ability to work under pressure and meet tight deadlines 
• Ability to travel up to 5% of the time  

Other

We are an Equal Opportunity, Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to gender, minority status, sexual orientation, gender identity, protected veteran status, status as a qualified individual with a disability or any characteristic protected by law.

In order to be considered for this position candidates are required to submit an application for employment through our career site, be at least 18 years of age, willing to take a drug test, submit to a background investigation as part of the selection process, as well as additional periodic background checks as required by the Chemical Facility Anti-Terrorism Standards (CFATS) or regulations adopted by the department of Homeland Security or other regulatory agencies.

Candidates are required to have unrestricted authorization to work in the United States.

If currently an employee of the Company, you must have current satisfactory work performance and in most cases, have been in your current role for 18 months.

Disclaimer: We are not accepting unsolicited assistance from search firms/employment agencies for this employment opportunity. Please, no phone calls or emails to any employee about this position. All resumes submitted by search firms/employment agencies to any employee of the Company via email, the Internet, or in any other form and/or method without a valid written search firm agreement in place for this position will be deemed the sole property of the Company; no fee will be paid in the event a candidate is hired by the Company as a result of the unsolicited referral or through other means.