Senior Payroll Specialist (German Speaker)
Area of InterestFinance
Please note this posting is to advertise potential job opportunities. This exact role may not be open today, but could open in the near future. When you apply, a Cisco representative may contact you directly if a relevant position opens.
Location: Krakow preferred, hybrid/remote (within Poland) acceptable
Our payroll team looks after the payroll needs of all Cisco countries across our EMEA region. Payroll Team manages or directly runs the accurate and timely payments for over 13,000 employees in over 60 countries. This gives professionals in the team a chance to gain significant exposure to the payroll practices in many different countries.
What You'll Do
Responsible for End-to-End payroll process for Germany in EMEA Central Region in an in-house payroll processing and being responsible for payroll approval in Switzerland outsourced to local vendor. For specific countries you would be assigned to, you will be responsible for:
- Payroll Data inputs and maintenance
- Reviewing and controlling payroll processing
- Processing all payroll related payments to employees, Tax Authorities and Social Security Office
- Preparation of monthly reporting to the authorities inc. tax and social security
- Process all payroll related journal entries into the general ledger
- Compliance & Employee Support
- Audits support
- Single point of contact for the business partners (i.e. HR and Finance)
- Financial Analysis and planning: able to calculate impacts of law changes in term of social security, benefits, tax wages
- Testing of law changes, updates in SAP system
- Bachelor’s degree (preferably in Finance/Accounting field)
- Ideally at least 3+ years of payroll experience with German payroll or equivalent experience in the areas of customer service, human resources, benefits administration, financial institution, application support or other relevant work experience
- Professional written and verbal communication skills in English and German
- Knowledge of labor law and tax law in Germany, monitoring legal changes
- Advanced level Excel skills including the ability to manipulate data accurately and the ability to create meaningful reports
Good To Have / Advantageous
- Experience at turning raw data into meaningful reports for different audiences
- Hands-on experience of data entry and data validation with an ability to carry such tasks out with a high level of discipline and accuracy
- Legislative payroll knowledge for Germany (end-to-end, Tier 1 model) / Switzerland (cooperation with vendor, Tier 2 model)
- Experience in accounting on basic to intermediate level
- Experience with systems: ADP GV (SAP), Workday
- Ability to test SAP system in case of legal changes, process improvement, implementation
- Excellent organizational and time management skills
- Attention to detail
- Partnering skills - with the Payroll stakeholders such as HR or Finance
- Eagerness to learn new processes and be part of the improvement projects
- A comfort level with change, the ability to adapt to change and the ability to recover quickly from adversity
- Self-starter who can prioritize tasks and manage deadlines
- Proactiveness and teamwork disposition
- Good judgment and confidentiality
- Positive/can do attitude
When available, the salary range posted for this position reflects the projected hiring range for new hire, full-time salaries in U.S. and/or Canada locations, not including equity or benefits. For non-sales roles the hiring ranges reflect base salary only; employees are also eligible to receive annual bonuses. Hiring ranges for sales positions include base and incentive compensation target. Individual pay is determined by the candidate's hiring location and additional factors, including but not limited to skillset, experience, and relevant education, certifications, or training. Applicants may not be eligible for the full salary range based on their U.S. or Canada hiring location. The recruiter can share more details about compensation for the role in your location during the hiring process.
U.S. employees have access to quality medical, dental and vision insurance, a 401(k) plan with a Cisco matching contribution, short and long-term disability coverage, basic life insurance and numerous wellbeing offerings. Employees receive up to twelve paid holidays per calendar year, which includes one floating holiday, plus a day off for their birthday. Employees accrue up to 20 days of Paid Time Off (PTO) each year and have access to paid time away to deal with critical or emergency issues without tapping into their PTO. We offer additional paid time to volunteer and give back to the community. Employees are also able to purchase company stock through our Employee Stock Purchase Program.
Employees on sales plans earn performance-based incentive pay on top of their base salary, which is split between quota and non-quota components. For quota-based incentive pay, Cisco typically pays as follows:
.75% of incentive target for each 1% of revenue attainment up to 50% of quota;
1.5% of incentive target for each 1% of attainment between 50% and 75%;
1% of incentive target for each 1% of attainment between 75% and 100%; and once performance exceeds 100% attainment, incentive rates are at or above 1% for each 1% of attainment with no cap on incentive compensation.
For non-quota-based sales performance elements such as strategic sales objectives, Cisco may pay up to 125% of target. Cisco sales plans do not have a minimum threshold of performance for sales incentive compensation to be paid.