Commission and 1099 Processing Specialist

Alacrity Solutions • Fishers, IN

82d • $28

About The Position

The Commission & 1099 Payment Processing Specialist is responsible for managing and ensuring accurate and timely processing of payments to independent contractors. This role requires attention to detail, compliance with tax regulations, and effective communication with contractors and internal teams.

Requirements

• At least 2 years’ related experience required in accounts payable, payroll, or contractor payment processing.
• Experience with 1099 forms and IRS reporting requirements.
• Experience with calculating commission payments.
• Intermediate to advanced computer skills.
• Demonstrated ability to communicate clearly and efficiently in verbal and written form.
• Excellent judgement and strong multitasking abilities.
• Proactive problem-solver who can research answers and resources to complete complex tasks with little assistance.
• Consistent discretion when handling sensitive information and/or situations.

Nice To Haves

• Bachelor's degree in accounting, finance, business administration, or related field.

Responsibilities

• Manage commission payments and ensuring transactional accuracy within the company’s billing data and commission platform.
• Work with leaders overseeing those receiving commission payments to update commission percentage, incentives, and adjustments.
• Working with the billing team to verify invoices are tied to the correct people.
• Verify invoices for accuracy and compliance with company policies.
• Maintaining records of sales and commission data.
• Process payments to contractors in accordance with agreed terms and schedules.
• Ensure all payments comply with IRS regulations, including proper classification of contractors.
• Prepare and file Form 1099-NEC for all eligible contractors annually.
• Maintain accurate records of payments for tax reporting purposes.
• Organize and store payment documentation for audits and compliance checks.
• Serve as the point of contact for contractors regarding payment inquiries.
• Collaborate with internal departments to resolve payment discrepancies.
• Identify process improvements to streamline the 1099 payment process.

Benefits

• Benefits Package including: Medical, Dental, Vision, Short- and Long-Term Disability, Life Insurance, and an Employee Assistance Program.
• HSA Bank with selection of High Deductible Health Plan.
• 401K plan options.
• Paid Time Off.
• Paid Holidays.

What This Job Offers

• Job Type: Full-time
• Education Level: Bachelor's degree
• Number of Employees: 501-1,000 employees