Roles and Responsibilities

The F&F; Operations Executive is responsible for managing end-to-end employee separation processes, ensuring timely and accurate Full & Final settlements, statutory compliance, exit documentation, and stakeholder coordination. The role requires robust attention to detail, knowledge of payroll processes, and adherence to organizational policies.

Full & Final Settlement Management

- Process end-to-end Full & Final settlements for resigned, terminated, retired, and absconding employees.
- Validate employee dues, recoveries, leave encashment, incentives, reimbursements, and statutory deductions.
- Ensure settlements are completed within defined TATs and compliance requirements.

Exit Management

- Coordinate with Finance, Admin, IT, and Business teams for employee clearance.
- Monitor clearance approvals and asset recovery status.
- Generate and issue separation-related documents such as:
- Relieving Letters
- Experience Letters
- Service Certificates
- Settlement Statements

Payroll & Compliance





- Collaborate with payroll teams for accurate computation of employee dues.
- Ensure compliance with labor laws, company policies, and statutory requirements.
- Support PF, Gratuity, Superannuation, and other exit-related benefits processing.

Employee Query Resolution

- Address employee queries related to F&F; calculations, deductions, recoveries, and settlement status.
- Maintain high levels of employee experience during separation.

Required Qualifications

- Bachelor's degree in Human Resources, Commerce, Finance, Business Administration, or related field.
- 2-6 years of experience in Payroll, HR Operations, Employee Lifecycle Management, or F&F; processing.

Required Skills

- Strong understanding of payroll concepts and F&F; calculations.
- Knowledge of PF, Gratuity, Leave Encashment, and labor compliance.
- Proficiency in HRMS, Payroll Systems, and MS Excel.
- Strong analytical and problem-solving skills.
- Effective stakeholder management and communication skills.

📌 Assistant Manager - Exit Management (Mumbai)
🏢 Fedbank Financial Services
📍 Mumbai