: F&F;, Payroll & Compliance Specialist

Location: Thane, Mumbai

Experience: 4–6 Years

Employment Type: Full time

Role Focus: 70% F&F; | 20% Payroll | 10% Compliance

Role Overview

We are looking for a detail-oriented and experienced F&F;, Payroll & Compliance Specialist to primarily manage the Full & Final Settlement (F&F;) lifecycle, while also supporting payroll processing and statutory compliance activities.

The ideal candidate should have strong hands-on experience in employee separation processes, F&F; calculations, payroll inputs, statutory deductions, and HR operations. The role requires excellent attention to detail, strong stakeholder coordination, and the ability to independently manage high-volume employee lifecycle transactions.

Key Responsibilities

1. Full & Final Settlement – 70%

- Manage the complete Full & Final Settlement process for employees across various business functions.
- Ensure timely and accurate calculation of:
- Salary payable
- Leave encashment
- Notice period recovery / buyout
- Incentives and variable pay
- Reimbursements
- Bonus and other applicable components
- Deductions and recoveries
- Loans / advances
- Asset recoveries
- Validate employee attendance, leave records, salary data, exit inputs, and other relevant information before processing F&F.;
- Coordinate with HR, Finance, Payroll, Business HR, and other stakeholders to ensure timely F&F; closure.
- Handle and resolve employee queries related to F&F; calculations, deductions, and settlement timelines.
- Prepare and ensure accurate release of F&F; statements and settlement-related documents.
- Track pending F&F; cases and ensure closure within defined TAT.
- Identify discrepancies and proactively resolve F&F-related; issues.
- Maintain accurate records and reporting related to employee separations and F&F.;
- Coordinate exit clearance and ensure timely closure of asset,



finance, and other recoveries.
- Drive process improvements to make the F&F; process more efficient, accurate, and error-free.

1. Payroll – 20%

- Support monthly payroll processing by providing and validating accurate employee inputs.
- Coordinate with HR and payroll teams on:
- New joiners
- Employee exits
- Salary revisions
- Leave and attendance
- Incentives / variable pay
- Deductions and recoveries
- Arrears and adjustments
- Perform payroll input validation and reconciliation before payroll closure.
- Assist in resolving payroll-related employee queries.
- Coordinate with internal stakeholders and payroll vendors, wherever applicable.
- Ensure payroll data accuracy, confidentiality, and timely submission.

1. Statutory Compliance – 10%

- Support statutory compliance activities related to PF, ESIC, PT, LWF, TDS, and other applicable labour compliances.
- Coordinate with payroll teams and internal/external compliance partners for timely statutory filings and payments.
- Maintain employee and statutory records required for audits and compliance purposes.
- Support internal and statutory audits by providing relevant HR and payroll documentation.
- Stay updated on changes in applicable payroll and labor laws and support implementation of relevant

Preferred Candidate Profile
- Strong background in F&F; and employee exit operations with the ability to independently manage the complete settlement cycle.
- Experience handling high-volume employee separations.
- Comfortable working with large employee datasets and managing tight payroll/F&F; timelines.
- Strong coordination skills with HR, finance, payroll, and business teams.
- Proactive, process-oriented, and highly detail-focused.
- Candidates from EdTech, technology, retail, BPO, BFSI, or other high-volume organizations will be preferred.

Interested candidates can email resume @ [email protected]

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