Full-Time

Tax Regulatory & Compliance Advisor

Posted on 11/15/2024

Toast

Toast

5,001-10,000 employees

Technology platform for restaurant operations

Food & Agriculture
Enterprise Software

Compensation Overview

$112k - $179kAnnually

+ Cash Compensation + Bonus + Equity

Senior

Remote in USA

Category
Risk & Compliance
Legal & Compliance
Requirements
  • 6+ years of payroll tax experience including experience in a high-volume environment
  • Comprehensive understanding of payroll tax; federal, multi-state, and local payroll tax regulations; skilled in performing payroll tax research, including interpreting regulations, policies, revenue procedures and more
  • Strong communication skills (both written and verbal)
  • Ability to work independently; prioritize competing obligations, and meet deadlines.
Responsibilities
  • Support the Toast Payroll & Team Suite business unit in ensuring Toast products and processes are compliant with applicable tax laws, regulations and industry best practices
  • Serve as an escalation resource for the Tax Team on the timely communication and resolution of payroll tax-related issues
  • Research and monitor federal, state and local payroll tax regulations and laws that may impact Toast Payroll & Team Suite services and its customers; provide regular updates on changes to the business team and monitor compliance
  • Interact with various Federal, State and local taxing agencies regarding interpretation of and compliance with regulatory guidelines as well as resolving related issues
  • Support the remediation of tax-related compliance issues by providing guidance and expertise on actions required; oversee the efforts to ensure completion

Toast provides a technology platform tailored for the restaurant industry, offering a range of products and services that help streamline operations, enhance customer experiences, and increase profitability. Its main product is an all-in-one point-of-sale (POS) system that integrates mobile ordering, online ordering, and gift card management, along with features for sales reporting, employee management, and customer relationship management (CRM). This integration allows restaurants to minimize their dependence on third-party services, leading to cost savings. Toast operates on a subscription model, charging restaurants a recurring fee for platform access, while also earning revenue from transaction fees, hardware sales, and additional services like restaurant loans. The goal of Toast is to empower restaurants to optimize their operations and improve their financial performance.

Company Stage

IPO

Total Funding

$874.5M

Headquarters

Boston, Massachusetts

Founded

2011

Growth & Insights
Headcount

6 month growth

5%

1 year growth

17%

2 year growth

34%
Simplify Jobs

Simplify's Take

What believers are saying

  • Toast's innovative solutions, like the Digital Storefront and Marketing Suites, help restaurants attract and retain customers through enhanced digital experiences.
  • The launch of the Restaurant Management Suite and Advanced Restaurant Analytics provides enterprise brands with valuable insights and tools to optimize operations and drive growth.
  • Partnerships with major brands like Caribou Coffee and Choice Hotels demonstrate Toast's ability to secure high-profile clients and expand its market presence.

What critics are saying

  • The competitive landscape in restaurant technology is intense, with rivals like SpotOn continuously enhancing their offerings.
  • Integrating new acquisitions and technologies, such as Delphi Display Systems, may pose operational challenges and require significant resources.

What makes Toast unique

  • Toast offers an all-in-one POS system specifically designed for the restaurant industry, integrating functionalities like mobile ordering, online ordering, and gift card management, unlike generic POS systems.
  • The company's diversified revenue stream, including subscription services, transaction fees, hardware sales, and restaurant loans, provides financial stability and multiple growth avenues.
  • Toast's recent acquisitions and partnerships, such as with Delphi Display Systems and Google, enhance its technological capabilities and market reach.

Help us improve and share your feedback! Did you find this helpful?

Benefits

Peer Nominated Toastie Awards

Professional Development Reimbursement Program

Sabbatical

Unlimited Vacation & Flexible Work Hours

Medical, Dental, & Vision Coverage + Wellness Stipend

Commitment to Employee Wellness