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Compensation & Benefits Manager

Hamburg, Germany

Compensation & Benefits Manager

  • DE00577
  • Hamburg, Germany

About us

The Hamburg-based company Reemtsma is a part of British Imperial Brands PLC and the second largest company in the German tobacco market.  The Hamburg location Reemtsma plays a central role in the Group. The Reemtsma factory in Langenhagen, near Hanover, is also one of the most important production sites for the entire Imperial Group. 

Within classic tobacco cigarettes and fine cuts, Reemtsma’s portfolio includes internationally known brands such as Gauloises, West, Davidoff and John Player Special. In comparison to conventional tobacco products, Reemtsma is one of the drivers of innovation for novel products with significantly lower health risk potential. Along with the e-cigarette brand myblu, this also includes the innovative chewing tobacco products from the “skruf” brand.   

At Reemtsma, we are looking for people, who are enthusiastic and motivated to keep things moving. We are looking for those, who are flexible, who like working in an international environment, and who perceive changes as new chances. This company is the perfect place for those, who consider working in a controversial industry as an exciting opportunity and who are thrilled to actively contribute to shaping a mutual future.

For our Human Resources team in Hamburg, we are looking for a new Compensation & Benefits Manager (m/f/d).

The role

Reporting to the HR Director Germany & Cluster DACH & Nordics you will manage and drive the Compensation & Benefits agenda in Germany. You will be responsible for the operation, development and implementation of the C&B strategy for Germany in line with global Imperial Brands C&B guidelines. 

What are your major duties?

You will be responsible for the

  • Annual financial reports (German-GAAP / IFRS), coordination and instruction of actuaries, ensuring correctness of provisions in time and compliance with tax, labour law and reporting standards in close cooperation with Finance, local & global actuaries and auditors.
  • Status information about Employees’ individual pension entitlements; Pension rights adjustments, Employee consultation in all aspects of retirement benefits including state pension scheme.
  • Management of several Compensation & Benefits schemes: Deferred Compensation Scheme, Direct Insurance, Hamburger Pensionskasse (HPK).
  • Social Plan & Termination Agreements: Ensure correctness of costs and provision (IFRS, German GAAP, Tax law), compliance & correctness, provide discussion papers.
  • Share Plans: Sharesave, Share Match, Long Term Incentive Plans incl. invitation, maturity, taxation, Employee consultation, cooperation with Providers (Computershare, Equiniti); Annual Share Status Statements to ensure tax compliance.
  • Leading and Coaching the Compensation &Benefits Team incl. the Payroll Manager who is leading the Payroll teams in Hamburg and Langenhagen.

Who are you?

  • You hold a relevant university degree in Business Administration (including experience in managing Company Pension Schemes / Company-direct commitments) or Economic Mathematics
  • You have significant actuarial experience and skills
  • You have excellent communication skills (both written and verbal) as well as strong negotiation, influencing and presentation skills
  • You are effective at organizing and delivering projects that include multiple stakeholders
  • Strong interpersonal skills and the ability to learn quickly, acquire new skills and solve problems with a solution orientated approach
  • Strong analytical skills
  • Strong IT skills (e.g. MS Office) plus the ability to learn new IT systems
  • You have outstanding Excel skills
  • Excellent verbal and written German and English skills

What do we offer?

Reemtsma offers an independent full-time position with room for initiative within an international and dynamic organization. Our company culture is characterized by openness, drive and enthusiasm. We provide an attractive salary with various additional benefits.


If you are interested in this vacancy, please send your CV and motivation letter by clicking on the “apply” button on the page.

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