Job Description: 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 effective, acc

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