1099-K Compliance Specialist

Compliance Specialist - 1099-K

North - Remote

Let’s go North together!

Join our mission to build the largest suite of credit card processing and merchant services. It’s one simple payment platform backed by the most diverse payment companies. From credit card processing to back-office management, North points the way to smarter, faster, and just plain better payment solutions.

The 1099-K Compliance Specialist role will focus on executing compliance requirements within the North 1099-K Program, supporting compliance requirements of IRS 6050W for 1099-K information reporting and taxpayer compliance.

What you’ll do:

• Review and analyze tax documents to execute account updates and data capture to ensure taxpayer compliance with IRS 6050W requirements.
• Review, investigate and respond to compliance related inquiries in area of specialty.
• Serve as a subject matter expert in area of specialty to assist and educate internal and external customers and entities.
• Execute subject matter compliance requirements maintaining standards that demonstrate compliance, including documentation, assurance of completion of process steps, including decision -making, and ongoing matrix for tracking compliance.
• Support assessment of execution against requirements, including documentary evidence and reporting.
• Identification of outliers that warrant potential modification or exception to process, exercising sound judgment and subject matter knowledge and/or expertise; consultation with manager or team leader, defining approach and documentation requirements.
• Through day-to-day execution in areas of compliance specialty, identify potential gaps, and potential non-compliance by internal personnel and functions, in addition to identifying indicators of third party non-compliance, including merchant and agent non-compliance.
• Support development of new policy, program and process requirements, including documentation, training and execution.
• Review, investigate and respond to compliance related inquiries in area of specialty.
• Perform other duties as assigned.

What we need from you:

• Bachelor’s degree or equivalent work experience.
• Minimum three (3) years of specialized compliance experience with federal and state tax preparation, specifically 1099-K and back-up withholding.
• Minimum two (2) years of financial services/technology experience.
• Experience with forms W-9, SS-4, LTR147C and 1099-K.
• Strong spreadsheet skills (Excel, Google Sheets).
• Ability to execute processes – repeatability, reliability, and reportability.
• Excellent interpersonal skills with the ability to think and communicate creatively, thoughtfully, and on your feet with diverse technical and non-technical groups, spanning all organizational levels.
• Ability to explain processes and procedures.
• Excellent verbal written and communication skills.
• Strong analytical and problem solving skills.
• Display professional judgment and teamwork.
• Detail oriented and organizational skills.
• Ability to work independently as well as in a team environment, including multi-level staff and external partners.
• Ability to track multiple initiatives and meet deadlines; able to prioritize effectively.

How to stand out:

• Certified Payments Reporting Specialist (CPRS).
• Current or previous experience as an IRS Enrolled Agent.
• Certified Payments Professional (ETA-CPP).
• Background in direct customer interactions and quality assurance.
• At least one year monitoring and detecting compliance issues in process and/or requirements and remediation.

What we offer:

• Medical, Dental, & Vision Coverage

• Flexible Paid Time Off

• 401(k) + Match

• Mental Health Support & Well-Being Program

• Paid Maternity & Paternity Leave

• Education Assistance

• Company-funded Lifestyle Spending Account

Salary Range: $40,000-$65,000 

Pay within this range varies by work location and on job-related knowledge, skills, and experience. We look forward to discussing your salary expectations and our full total rewards offerings throughout the interview process.

Please note: North is a US based company and no sponsorship is available for this position at this time.

Who we are:

North, and our family of companies, are committed to helping entrepreneurs grow their businesses. As an end-to-end payment solutions company, we provide everything business owners need to get paid, whether they serve customers in a physical storefront, online, or both. We pride ourselves on being large enough to offer customized solutions to our enterprise-level clients while remaining agile enough to take an award-winning, hands-on approach to personal service that our merchants won’t find anywhere else.

Let’s go North, together! Our most important resource is our people. Join our diverse team of innovators and do-ers and make your mark on the future of payments technology. We're proud to offer benefits that help our team members further their overall well-being through unique initiatives that are both personally and professionally fulfilling.

At North, we celebrate diversity and create an inclusive environment for everyone. We are an equal opportunity employer.

To learn more about North, and our family of companies, visit our website: north.com