Commission and 1099 Processing Specialist
Fishers, IN
Full Time
Mid Level
Alacrity Solutions is a full end-to-end provider delivering streamlined insurance claims, repair, and recovery solutions. As one of the largest independent providers of insurance claims services in North America, we provide property, auto, heavy equipment, and casualty claims management services. Our staffing capabilities, temporary housing services, managed repair network, and subrogation services support a fully integrated solution for all your needs from first notice of loss through completion of repairs. By assembling the best service providers through strategic acquisitions and relying on the right talent, Alacrity Solutions provides consistent, professional, and scalable services throughout the entire claim handling and resolution process. To learn more, visit www.AlacritySolutions.com.
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.
Essential Functions (Reasonable accommodations may be made to enable individuals with disabilities to perform these essential functions.)
Competencies
To perform this job successfully, an individual must be able to perform each essential function satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Supervisory Responsibilities
N/A
Work Environment
The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job.
This position will be in office, with weekend work from home.
Physical & Mental Demands
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Job Specifics:
Travel Required
Affirmative Action/EEO Statement
Alacrity Solutions is an equal opportunity employer that is committed to diversity and inclusion in the workplace. We prohibit discrimination and harassment of any kind based on race, color, sex, religion, sexual orientation, national origin, disability, genetic information, pregnancy, or any other protected characteristic as outlined by federal, state, or local laws.
This policy applies to all employment practices within our organization, including hiring, recruiting, promotion, termination, layoff, recall, leave of absence, compensation, benefits, and training. Alacrity Solutions makes hiring decisions based solely on qualifications, merit, and business needs at the time. For more information, please refer to our EEO policy.
Other Duties
Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities, and activities may change at any time with or without notice.
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.
Essential Functions (Reasonable accommodations may be made to enable individuals with disabilities to perform these essential functions.)
- 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
Competencies
To perform this job successfully, an individual must be able to perform each essential function satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
- Strong attention to detail and organizational skills with the ability to multitask.
- Proficiency in payroll and accounting systems, and Microsoft Excel.
- Excellent communication and problem-solving abilities.
- Ability to maintain privacy and confidentiality.
- Understanding of timelines and preparedness to meet them.
- Knowledge of tax compliance and contractor classification rules.
Supervisory Responsibilities
N/A
Work Environment
The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job.
This position will be in office, with weekend work from home.
Physical & Mental Demands
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
- The employee must occasionally lift and/or move up to 15 pounds.
- Specific vision abilities required by this job include close, distance and peripheral vision, depth perception and the ability to adjust focus.
- While performing the duties of this job, the employee is regularly required to sit and talk or hear. The employee is occasionally required to stand; walk and use hands to handle or feel.
- Ability to read, analyze, and interpret financial reports, and legal documents, respond to common inquiries or complaints from customers, regulatory agencies, or members of the business community.
- Ability to work with mathematical concepts such as probability and statistical inference and apply concepts such as fractions, percentages, ratios, and proportions to practical situations.
- Ability to define problems, collect data, establish facts, draw valid conclusions, interpret technical instructions in mathematical form and deal with abstract and concrete variables.
- $28.84 per hour
Job Specifics:
- In Office (Fishers, IN)
- Monday through Friday and every other weekend, 40 hours a week
Travel Required
- None
- 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.
- Bachelor's degree in accounting, finance, business administration, or related field. (preferred)
- Available to work weekends
- 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
Affirmative Action/EEO Statement
Alacrity Solutions is an equal opportunity employer that is committed to diversity and inclusion in the workplace. We prohibit discrimination and harassment of any kind based on race, color, sex, religion, sexual orientation, national origin, disability, genetic information, pregnancy, or any other protected characteristic as outlined by federal, state, or local laws.
This policy applies to all employment practices within our organization, including hiring, recruiting, promotion, termination, layoff, recall, leave of absence, compensation, benefits, and training. Alacrity Solutions makes hiring decisions based solely on qualifications, merit, and business needs at the time. For more information, please refer to our EEO policy.
Other Duties
Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities, and activities may change at any time with or without notice.
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