To establishcredit limits for all new customers and maintains limits on all activecustomers. Credit limit recommendations will be based on commercial creditagency ratings, credit references, financial statements, or other informationobtained directly from the applicants.
Based upon established thresholds creditlimits are reviewed annually. Credit evaluations will also be carried on upon eventdriven circumstances.
I.e. Customers on shipping hold experiencing cash flowissues, media communications informing on pending bankruptcies. The Credit Analysis Summary form needs to be usedto establish and document the customer credit limit.
Theposition also requires release of orders failing the credit check withinOracle. Setting customers on shipping hold based on the feedback received fromthe Sr. collections personnel.
Functions include establishingand maintaining credit limits, monitoring collection of receivables andproviding financial guidance for order management support.
The credit Analystmust review credit limits annually.
If the customer is onhold due to being over the credit limit and there are no past due balances,then the Credit Analyst will need to perform a credit review of the customerincluding obtaining updated credit and / or financial information.
If the account has any invoice disputed ofeither type of holds this will need to be taken into consideration in theanalyst assessment.