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

Key Responsibilities
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 efficien

📌 Payroll Associate Thane
🏢 PW (PhysicsWallah)
📍 Thane