Accounting Associate Promotional AP/AR Position Available In Middlesex, Massachusetts
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Job Description
Accounting Associate – Promotional AP/AR SourcePromo Billerica, MA Job Details Full-time $50,000 – $60,000 a year 13 hours ago Benefits Health insurance 401(k) Retirement plan Qualifications Microsoft Excel Accounts payable Accounting software NetSuite Mid-level Finance Bachelor’s degree Accounting Organizational skills Pivot tables Associate’s degree Accounting Communication skills Account reconciliation
Full Job Description Position Summary:
SourcePromo is seeking a highly organized and detail-driven Accounting Associate to assist with promotional Accounts Payable (AP) and Accounts Receivable (AR). This role supports the accurate processing and reconciliation of payments and receivables related to the fulfillment of promotional sales programs. The ideal candidate will collaborate with account managers, sales, to ensure accurate financial operations and tracking of promotional activities.
Key Responsibilities:
Accounts Payable (AP) – Promotional Focus Process and validate vendor invoices related to promotional expenses, including blank goods, set up fees, and freight Ensure proper documentation, coding, and approval of promotional payments. Reconcile promotional vendor accounts and resolve discrepancies or disputed items. Monitor budgets and timelines for promotional campaigns to ensure timely disbursements. Accounts Receivable (AR) – Promotional Focus Generate and post customer invoices/credit memos related to promotional programs, including discounts, returns, and chargebacks. Track customer deductions (rebates and royalties) and validate against approved promotional terms and agreements. Follow up on outstanding receivables and work with sales teams to resolve customer disputes or short payments. Maintain accurate records of promotional claims and settlements. Cross-Functional & General Duties Collaborate with sales and account managers to validate promotional terms and ensure compliance with accounting policies. Support month-end closing activities with account reconciliations for promotional AP/AR. Provide reports on promotional spend, outstanding receivables, and aging for both AP and AR. Assist with internal and external audits, providing documentation for promotional transactions.
Qualifications:
Associate or bachelor’s degree in accounting, Finance, or a related field highly suggested. 2+ years of accounting experience required with a focus on AP/AR; promotional accounting experience preferred. Familiarity with accounting software (e.g. NetSuite). Strong Excel skills and ability to work with large data sets and pivot tables. High attention to detail, accuracy, and organizational skills. Strong communication skills to work cross-departmentally
Job Type:
Full-time Pay:
$50,000.00 – $60,000.00 per year
Benefits:
401(k) Health insurance Retirement plan
Schedule:
No weekends
Work Location:
In person