- Manage and execute the monthly German payroll cycle ( Entgeltabrechnung ) for our German entities from offshore, ensuring 100% accuracy and timeliness.
- Handle complex payroll inputs, including gross-to-net calculations, bonuses, commissions, maternity/paternity leave ( Elternzeit ), sick leave ( Entgeltfortzahlung ), and company car taxation ( 1% Regelung ).
- Process retro-calculations ( Rückrechnungen ) and ensure correct adjustments are applied across fiscal periods.
2. Statutory Compliance & Reporting
- Ensure strict adherence to German tax laws ( Lohnsteuer ) and social security regulations ( Sozialversicherung ).
- Manage monthly and annual electronic transmissions to German authorities, including the tax office ( Finanzamt ), health insurance funds ( Krankenkassen ), and federal employment agencies via ELSTER and DEÜV.
- Lead payroll year-end activities, including the generation of annual tax certificates ( Lohnsteuerbescheinigung )
and accident insurance notifications ( UV-Meldeverfahren ).
3. Bilingual Stakeholder & Query Management
- Serve as the first point of contact for Germany-based employees, HR partners, and managers, resolving payroll queries entirely in German (written and verbal).
- Communicate directly with German statutory bodies, auditors, and health insurance providers to resolve discrepancies or clarify regulatory changes.
- Translate local legislative updates from German to English for internal leadership reporting when required.
4. Audit & Process Improvement
- Support internal and external payroll audits conducted by German tax authorities ( Lohnsteuerprüfung ) and social security institutions.
- Identify process bottlenecks in the offshore-onshore delivery model and implement continuous improvement initiatives to enhance payroll efficiency.
📌 Sr. Financial Analyst (India)
🏢 XBP Global
📍 India
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