HGB Expert
for compliant financial reporting with fast, precise AI matchingHire experts who apply the Handelsgesetzbuch to annual accounts, consolidation processes and audit preparation. Work with vetted, available freelancers matched to your requirements quickly and precisely.
Meet FRATCH Experts who have recently used HGB
Katarzyna G.
Last position:
Interim Financial Accountant / Accounts Payable at Consulting for an alcoholic beverage manufacturer
- Supported monthly and annual closing activities
- Checked incoming invoices for formal and factual accuracy
- Posted incoming invoices
- Contact person for internal departments on accounting matters
- Created and maintained vendor master data
- Processed open items
- Took on additional accounting-related special tasks
- Managed the functional mailbox
- Performed payment runs
Training and knowledge transfer – Accounts Payable:
In addition to the tasks above, I was responsible for training and transferring knowledge to 8 employees of an external service provider in India who took over the accounts payable activities:
- Conducted structured training and practical guidance throughout the accounts payable process
- Trained employees in checking and posting incoming invoices, including formal and factual checks
- Taught vendor master data maintenance, open-item processing and payment runs
- Trained employees in using the functional mailbox and communicating effectively with internal departments
- Explained accounting procedures, controls and company-specific accounts payable requirements
- Conducted “Training on the Job” using practical posting cases and real business transactions
- Supported the team in independently carrying out accounts payable processes and resolving accounting questions
- Checked the quality and accuracy of work results and provided continuous feedback and coaching
- Supported the transfer of accounts payable processes to the external service provider and ensured structured knowledge transfer and an orderly handover
- Supported a smooth transition by documenting processes, clarifying responsibilities and ensuring consistent application of accounting requirements
Software: JDE, ELO, SAP Concur
Volker W.
Last position:
Analyst – Platform Optimization at TradingView ProRealtime
Programming custom indicators with ProBuilder (for the ProRealTime platform)
6 months at RCP - Rabe Academy (basics - trading account - TWS Interactive Brokers) Focus: ETH price history - NVIDIA stock (NASDAQ and CBOE)
- 500 hours total (TradingView & ProRealTime), including approx. 1,500 hours of tick data analysis using ProRealTime
Systematic market analysis, development of custom indicators, pattern recognition.
Anton E.
Last position:
HGB Accountant and Consultant at Eurostyle Systems WĂĽrzburg GmbH
- Processing of a five-month backlog of incoming documents;
- Clarification of residual items and overdue open items;
- Review, reconciliation and clarification of accounting matters;
- Analysis of existing workflows and implementation of process improvements;
- Processing of accounting transactions in SAP FI and MM
Mubashar A.
Last position:
External Consultant Group Finance at Verve Group Europe GmbH
Reporting to the Head of Group Accounting / VP Finance.
- Preparing and monitoring weekly cash flow forecasts for four entities
- Handling VAT matters with the tax authorities
- Submitting monthly VAT returns
- Leading the team during the annual audit conducted by Deloitte
- Preparing and analysing monthly financial statements (under HGB and IFRS) for four entities
- Compiling annual financial statements—including management reports and notes—for the auditors
- Conducting segment analyses and associated reporting
Markus H.
Last position:
Interim Manager Finance at Int. Konzern
Matthias S.
Last position:
Technology Lead & Co-Founder at LegalMind GmbH
- Redesign of legal operations: standardised workflows reducing routine effort by up to 80%, with source citation, hallucination check as quality gate, role model, logging and audit trail.
- Compliance-by-design operating model (EU AI Act readiness, GDPR, eIDAS) with documented, releasable process steps.
- Roadmap, sprint planning and release management for an agentic RAG platform with counsel-in-the-loop approval, audit trail and German hosting.
- EU AI Act readiness, GDPR and eIDAS requirements managed as first-class project deliverables; go-to-market for two customer verticals.
Helmut G.
Last position:
(Interim) CFO at Eutecma
Asset of GPP (Private Equity)
- B2B, Provider of cooled packaging solutions for the pharmaceutical industry
- €20m in revenue, 50 employees, 2 locations
Responsibilities:
- Responsibility for all commercial and financial activities
- Establishment of a finance and reporting structure
- Carve-Out / Post-closing transition management
Achievements:
- Preparation of investor reporting package (sales, financials, cash) using Power BI
- Development of a sales funnel
- Business process redesigns and implementation of regular business reviews
Francisco B.
Last position:
Value Creation Manager at Energy Supplier (NDA)
- Implemented optimized management control and PowerBI solutions for the Power and Gas departments
- Perform a value chain analysis and create a business case with three scenarios and a value creation roadmap
Krisztina T.
Last position:
Head of Finance and Accounting at Segula Technology Services GmbH
- Led a 16-person finance and accounting organization during a restructuring phase; strengthened closing discipline, financial control, cash transparency and accountability.
- Supported cost programs with approximately €2 Mio. in annual savings; established regular KPI reviews for P&L, working capital, POC and cash topics.
- Responsible for monthly, quarterly and annual closing under HGB/IFRS, management/group reporting, audit, tax and GoBD compliance.
- Finance automation with clear business benefits: 13-week liquidity planning, cash flow reporting, P&L versus plan, variance analysis and bank reconciliation; reduced manual work by 40–60 %.
- Improved accounts payable processes through OCR-supported invoice processing and three-way matching with exception handling.
- Sparring partner to management on restructuring, liquidity, working capital, risks and process simplification.
Dennis D.
Last position:
Interim Senior Manager Accounting at Reliance Trust Luxembourg S.A.
- Operational leadership (Fast Close): Structuring and managing the entire close process for complex German and international client portfolios (Real Estate, Private Equity, HNWI).
- Audit readiness & governance: Ensuring compliance in the timely preparation of annual financial statements and tax returns under IFRS, HGB, and LuxGAAP.Efficient
- Audit support: Successful interface management and coordination with auditors (Big Four), which demonstrably shortened the audit duration.
- Special situations & complexity: Professional leadership of cross-functional teams in clearing and working through historically grown accounting backlogs.
Thomas V.
Last position:
Consulting and project support in fixed asset inventory at tvp-interim
- Independent planning, coordination and operational counting of fixed asset inventories at SGS sites across Germany
- During the count, clarification of variances as well as posting of the new inventories in the fixed assets of the respective site and company
Wolfgang H.
Last position:
Head of Finance and Controlling (Interim) at Kunert Fashion Group
Financial accounting: daily general ledger entries and month-end closing
Preparation of FY 2024 financial group statements (subunits KF, KNL, KAU, KCH)
Preparation of physical inventory for KF with inventory instructions for Logistic
Further development of ERP Finance processes integration with MS Dynamics BC 14
Implementation of electronic invoice verification and Multi Cash banking software
Expansion of sales and e-commerce controlling toolbox and processes
Preparation of budgets 2026, 2027, 2028, including investment plan, cost accounting
Preparation and commentary on monthly reports for sub-units and Group
Preparation of weekly financial plans, cash flow and liquidity plans
Further development of sales controlling, focusing on margins & product profitability
Creation and integration of accounting workflows for MS Dynamics
Leadership focus: Stabilization of the finance team and clear scope of work responsibility
Communication with banks, auditors, tax advisors, and tax authorities
Complete and accurate monthly reporting for each business unit and the KF Group
Preparation 2024 financial statements for KF Germany, KNL, KAU, and KNL with audit opinion
Detailed setup and preparation of the KF 2026 budget for the management and shareholders
Weekly cash flow planning coordinated with the management and shareholders
Turnaround in net sales and EBIT from September 2025 onwards – stable growth
Leadership & change through consistent, data-driven KPIs
Manfred W.
Last position:
Strategic Technical Procurement Facility Services at Gesellschaft fĂĽr Ingenieurleistungen in NRW
- Procurement of service providers such as building cleaners, caretakers, landscaping and garden construction companies, maintenance companies (HVAC, electrical); conducting negotiations and tendering framework agreements
Joel E.
Last position:
Group CFO / Sole Managing Director Group at Corius Group
Responsibilities: Management of the Group’s Finance and central functions in Europe, including Controlling, FP&A, Accounting, Treasury, Tax, Legal and IT. Responsibility for value creation, exit readiness, M&A integration and business transformation with P&L responsibility of EUR 200 Mio. Reporting to the PE shareholder and the Advisory Board; management of 45 FTE, including 7 direct reports.
Key achievements:
- Earnings improvement: Increased EBITDA by around 10%. Improved liquidity through working capital measures and reduced HQ costs.
- Exit readiness & financing: Expanded investor reporting, governance and controls; managed investor and banking relationships and led refinancing and capital structure measures.
- Buy-and-build readiness: Prepared the Group for international acquisitions and the integration of new dermatological platforms.
- Reporting & IT transformation: Implemented, optimized and launched a new LucaNet solution for 80 companies for Group reporting and consolidation, with a savings target of 1–2 FTE and a closing process that was 2–3 days faster, as well as modernized scalable IT systems for greater transparency and performance management.
- AI & digitalization: Defined and rolled out an AI strategy for the Group and introduced AI tools (Microsoft Copilot and ChatGPT) for around 100 users at headquarters, achieving productivity and efficiency gains in Finance.
- Establishment of the Dutch platform: Established and restructured the platform and took over its commercial and operational management, including the implementation of a new ERP system (AFAS).
Stephan F.
Last position:
AI & Data Engineer - Azure Enterprise AI and Knowledge Engineering at IB Schlegel - King
Designed and developed an Azure-based AI and data platform transforming distributed project documents into searchable, structured knowledge for an enterprise AI assistant. Combined incremental document processing, hybrid keyword/vector retrieval, knowledge graph extraction, and conversational AI for Microsoft Teams and Microsoft 365 Copilot. Implemented Python document-processing pipelines for PDF, Word, Outlook and text files; Azure Cosmos DB lifecycle management; Azure AI Search; Azure AI Foundry and Azure OpenAI; identity-aware retrieval with Microsoft Entra ID; project authorization; a TypeScript Microsoft Agents SDK agent; Pulumi infrastructure; resilient scheduling, retry and diagnostic tooling. Technology stack: Python, TypeScript, FastAPI, Pydantic, Azure AI Foundry, Azure OpenAI, Azure AI Search, Azure Cosmos DB, Blob/Table Storage, Container Apps/Jobs, Service Bus, Key Vault, Entra ID, Docker, Pulumi, pytest, Microsoft Teams and Microsoft 365 Copilot.
Discover over 15,000 top freelancers
Statistics of experts using HGB
Aggregated from the professional profiles of matched freelancers.
Experience
24 years
Position duration
2.3 years
Positions per freelancer
14
Top business areas
Finance, Accounting, Project Management
Top industries
Professional Services, Manufacturing, Banking and Finance
Certification focus areas
Accounting, Finance, Information Technology
Bachelor's degree or higher
81%
Master's degree or higher
48%
Doctorate
6%
Certifications per freelancer
2
Most common languages
German, English, French
Speak two or more languages
96%
Based on our profile pool as of 16 Oct 2026.
Daily rate distribution
The chart shows how the daily rates of experts in this technology are distributed, based on recent contracts on our platform. Each bar covers a rate range — its height shows the share of experts charging within that range.
Average rates of experts using HGB
Rates are based on recent contracts and do not include FRATCH margin.
The average daily rate is the mean of all daily rates from recent contracts of comparable freelancers on our platform.
The median daily rate is the middle value of all daily rates — half of comparable freelancers charge less, half charge more. Unlike the average, it is barely affected by outliers.
Calculated based on our freelancers’ daily rates as of 16 Oct 2026. Actual rates may vary depending on seniority level, experience, skill specialization, project complexity, and engagement length.
HGB experts industry focus
See which industries our matched freelancers work in most often — every figure is calculated live from the freelancers on FRATCH.
- Professional Services (83%)
- Manufacturing (64%)
- Banking and Finance (54%)
- Information Technology (53%)
- Automotive (41%)
- Retail (38%)
- Food and Beverage (33%)
- Energy (32%)
Please note that freelancers can work across multiple industries, so percentages overlap.
About the technology
What HGB covers
HGB is the abbreviation for Handelsgesetzbuch, Germany’s Commercial Code. It defines core rules for commercial accounting, annual financial statements, recognition, measurement, disclosure and the duties of merchants and companies. HGB work turns business transactions into compliant German financial reporting.
Reporting and statements
HGB specialists prepare and review balance sheets, profit and loss statements, notes and management reports. They assess provisions, accruals, depreciation, inventories, receivables and liabilities against the relevant accounting principles. Their work supports statutory accounts, group reporting and audit readiness.
- Map business transactions to HGB accounting rules
- Review valuation and disclosure decisions
- Prepare documentation for auditors
- Reconcile local accounts with group reporting
Systems and ecosystem
HGB projects often connect accounting policy with ERP and finance systems. Relevant tools include SAP S/4HANA Finance, SAP FI, DATEV, Microsoft Dynamics 365 Finance and consolidation software. Strong specialists understand the data model, interfaces, chart of accounts and controls behind the reports, not only the legal wording.
When companies need support
Companies bring in freelance HGB expertise during ERP migrations, statutory reporting cycles, audits, acquisitions and changes to group structures. External specialists can clarify accounting positions, improve closing workflows or bridge German reporting with IFRS and other group requirements. They are also useful when internal finance teams need focused capacity without a permanent hire.
Skills that set experts apart
The strongest professionals combine detailed HGB knowledge with practical reporting experience. They can explain an accounting judgment to finance leaders, auditors and technical teams, then document the decision so it can be repeated. Valuable adjacent skills include IFRS, consolidation, tax accounting, internal controls, Excel, SQL and finance-system configuration.
- Trace figures from source data to published statements
- Separate HGB requirements from IFRS group rules
- Test interfaces and closing controls
- Communicate clear, audit-ready conclusions
Choosing the right specialist
Start with the reporting issue, system landscape and required deliverables. Ask candidates to describe comparable HGB cases, their role in audits or migrations and how they document judgments. A strong fit can work independently, challenge incomplete data and collaborate with accounting, tax, legal and IT stakeholders while keeping the German reporting context in view.
Frequently asked questions
Before you brief your next project: the most common questions about HGB.
HGB, or Handelsgesetzbuch, provides the legal framework for commercial accounting and statutory financial statements in Germany. Companies use it for recognition, measurement, presentation and disclosure in annual accounts, while group reporting may also require IFRS or another reporting framework.
Handelsgesetzbuch is designed for German statutory reporting and is closely linked to legal requirements, creditor protection and prudence. IFRS focuses on financial information for capital-market users, so recognition, measurement and disclosure can differ; a specialist should define which reporting purpose governs each deliverable.
A strong HGB specialist often works with IFRS, consolidation, tax accounting and internal controls. Experience with SAP FI, SAP S/4HANA Finance, DATEV, Excel, SQL or reporting interfaces is valuable when accounting policy must be implemented in operational systems.
HGB work may involve reviewing accounting positions, preparing statutory accounts, documenting judgments, improving closing processes or supporting an audit. The required depth depends on the reporting issue, company structure, ERP environment and whether the specialist owns analysis, implementation or review.
Handelsgesetzbuch projects can often be handled remotely when data access, documentation and communication routines are well defined. On-site work may help during audits, ERP cutovers or workshops with finance teams; German-language communication is usually important for local records, policies and auditor discussions.
Ask an HGB freelancer to explain a relevant accounting judgment, the evidence they would request and how they would document the conclusion. Look for precise distinctions between statutory reporting, tax treatment and group reporting, plus a clear approach to controls, reconciliations and auditor questions.
HGB knowledge does not automatically mean experience with SAP or DATEV. When the project involves accounting configuration, data migration or reporting automation, confirm that the specialist has worked with the specific system, chart of accounts, interfaces and closing workflow involved.
Professionals working with Handelsgesetzbuch need to connect legal accounting principles with reliable source data and repeatable processes. They should be comfortable explaining judgments, maintaining an audit trail and coordinating with finance, tax, legal, IT and external audit stakeholders.
The average hourly rate of freelancers who have used HGB in their recent projects is 117 €, which corresponds to a daily rate of about 940 € based on an 8-hour working day.
Of the freelancers who have used HGB in their recent projects, 81% hold at least a Bachelor's degree, 48% hold at least a Master's degree, and 6% hold a doctorate.
On average, freelancers who have used HGB in their recent projects have 24 years of professional experience, with a single engagement typically lasting around 2.3 years.
The most common languages among freelancers who have used HGB in their recent projects are German (100%), English (95%), and French (24%).
The most common industries among freelancers who have used HGB in their recent projects are Professional Services (83%), Manufacturing (64%), and Banking and Finance (54%).
The most common business areas among freelancers who have used HGB in their recent projects are Finance (95%), Accounting (89%), and Project Management (64%).
Main locations of FRATCH Experts, who have recently used HGB
Our freelancers and interim experts are at home all over Germany — available on-site in Berlin, Hamburg, Munich and every major business hub, or fully remote. Choose a city to discover matched specialists, local market insights and up-to-date availability.
Berlin 
Hamburg 
Munich 
Cologne 
Frankfurt 
Dusseldorf In Austria our freelancers and interim experts support companies from Vienna to Graz — on-site where your project needs them, or fully remote. Choose a city to discover matched specialists, local market insights and up-to-date availability.
Vienna Graz Across Switzerland our specialists are active in Zurich, Geneva, Basel and Bern — working on-site or fully remote. Choose a city to discover matched specialists, local market insights and up-to-date availability.
Zurich Geneva Basel Bern Countries:
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Philipp Thomaschewski
FRATCH CEO
