Cash Application Lead Europe

Xylem is a Fortune 500 global water solutions company dedicated to advancing sustainable impact and empowering the people who make water work every day. As a leading water technology company with 23,000 employees operating in over 150 countries, Xylem is at the forefront of addressing the world's most critical water challenges. We invite passionate individuals to join our team, dedicated to exceeding customer expectations through innovative and sustainable solutions.

Job Title: Regional Cash Application Lead – Europe
Location: Xylem Global Hub, Vadodara
Working Hours: Central European Time (CET)
Function: Order-to-Cash (O2C) – Global Credit & Collections
Reports to: Senior Manager, Global Cash Application – Service Delivery
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Role Summary
The Regional Cash Application Lead – Europe manages the daily cash posting operations for Europe, ensuring accuracy and operational efficiency across multiple countries, banking partners, and currencies. The Lead plays a crucial role in maximizing HighRadius automation and supporting a team of analysts working across European markets.
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Key Responsibilities
•    Oversee all cash application activities across European entities, ensuring timely and accurate multi-currency postings (primarily EUR and GBP).
•    Lead a team of 2–5 regional analysts, ensuring operational coverage and quality.
•    Monitor and improve HighRadius CAA Cloud auto-cash performance through rules optimization and exception control.
•    Liaise with European Credit & Collections Service Delivery Leaders for escalations, remittance issues, and process alignment.
•    Resolve unapplied and unidentified cash within SLA.
•    Support banking and treasury partners in cash allocation, bank file resolution, and payment discrepancies.
•    Track and report regional KPIs, contributing to global O2C performance dashboards.
•    Participate in global standardization and continuous improvement initiatives.
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Qualifications
•    Bachelor’s in Finance, Accounting, Business, or similar discipline.
•    3–5 years of relevant O2C cash application experience, with exposure to European banking processes.
•    Strong working experience with HighRadius CAA Cloud and SAP S/4HANA.
•    Understanding of global currency processing (EUR, GBP, CHF, NOK, etc.).
•    Excellent English communication; additional European languages a plus.
•    Prior experience leading, coaching, or coordinating analyst-level staff.
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Key Competencies
•    Strong organizational and prioritization skills
•    Ability to adapt to multi-country environments
•    Analytical and data-driven decision-making
•    Collaborative communication with cross-functional partners

Join the global Xylem team to be a part of innovative technology solutions transforming water usage, conservation, and re-use. Our products impact public utilities, industrial sectors, residential areas, and commercial buildings, with a commitment to providing smart metering, network technologies, and advanced analytics for water, electric, and gas utilities. Partner with us in creating a world where water challenges are met with ingenuity and dedication; where we recognize the power of inclusion and belonging in driving innovation and allowing us to compete more effectively around the world.