Payroll & Benefits Specialist

Our Purpose  
TERADYNE, where experience meets innovation and driving excellence in every connection. We are fueled by creativity and diversity of thought and in our workforce. Our employees are supported to innovate and learn something new every day. 
 
We cultivate a culture of inclusion for all employees that respects their individual strengths, views, and experiences. We believe that our differences enable us to be a better team – one that makes better decisions, drives innovation and delivers better business results.

Opportunity Overview
Payroll & Benefits Specialist (Tariffs/Regulations-aware)

We are seeking a skilled Payroll & Benefits Specialist to manage and coordinate payroll and benefits processes for our German operations. This role requires expertise in German payroll, benefits administration, and regulatory compliance, with a strong focus on accuracy, confidentiality, and continuous process improvement.

Responsibilities:

• Execute and coordinate monthly payroll for approximately 200 employees and 100 retirees with minimal supervision, and in collaboration with an external payroll provider.
• Maintain and verify all payroll-relevant data in HR systems and time-tracking tools.
• Administer and support employee benefits programs, including company pension schemes, bike leasing, non-cash benefits, and health benefits.
• Manage company car administration.
• Serve as the primary point of contact for employees, managers, social security authorities, tax offices, and external service providers regarding payroll and benefits matters.
• Monitor and implement legal and regulatory changes in payroll tax, social security, and labor law, ensuring ongoing compliance.
• Calculate and provide personnel-related accruals (e.g., vacation, bonuses, anniversaries) for monthly and annual financial closing in close cooperation with the Finance department.
• Prepare reports, statistics, and mandatory filings for internal and external stakeholders (e.g., pension insurance, federal bank reporting).
• Support of internal and external audits (e.g., tax audits, social insurance audits, external auditors).
• Continuously improve and optimize payroll and benefits processes.
• Adhere to relevant tariff agreements and Betriebsvereinbarungen (works agreements) applicable to the company.

All About You 
We seek individuals who share our passion and determination. Our commitment to customer success drives us to go the extra mile. If you’re ready to join us in this mission, take a closer look at the minimum criteria for the position. 

Required Qualifications:

• Successfully completed commercial education with additional qualification in payroll/HR or a comparable qualification.
• Several years of professional experience in German payroll and benefits administration.
• Familiarity with IG Metall tariff structures and the ability to work within tariff-bound frameworks and works agreements
• In-depth knowledge of German income tax and social security regulations.
• Experience in the calculation and reconciliation of HR-related provisions is a plus.
• Proficient in payroll and time-tracking systems (e.g., DATEV, SAP SuccessFactors).
• Ability to work in a structured and accurate manner, with minimal supervision.
• High level of discretion, strong communication skills, and team orientation.
• Fluent German and English language skills required.

We are only considering candidates local to position location and are unable to provide relocation for this position.
If you’re excited to join our fantastic team, send us your CV along with a motivated application! We are so much looking forward having you joining us.

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