About the Role

We are looking for a hands-on HR Payroll & F&F; professional with experience in monthly payroll processing, employee exit settlements, statutory compliance and payroll reconciliation. The ideal candidate should be comfortable independently managing day-to-day payroll operations and ensuring accurate and timely salary disbursements and employee settlements.

Key Responsibilities

1. Payroll Management

- Manage end-to-end monthly payroll processing, ensuring accuracy and timely salary disbursement.
- Validate attendance, leave, overtime, incentives, reimbursements, deductions and salary revisions before payroll closure.
- Coordinate with HR, Finance and business teams for payroll inputs and discrepancy resolution.
- Handle payroll reconciliation, salary corrections, arrears and employee queries related to salary and deductions.
- Maintain payroll records, reports and employee compensation data with confidentiality.

2. Full & Final Settlement (F&F;)

- Manage end-to-end F&F; settlements for employees exiting the organisation.
- Calculate payable salary, leave encashment, notice pay recovery, incentives, reimbursements and other applicable dues or deductions.
- Coordinate with HR, Finance and other stakeholders to ensure timely settlement and clearance.
- Prepare and validate F&F; statements, settlement letters and supporting documentation.
- Resolve employee queries related to final settlements and exit payments.

3. Statutory Compliance

- Ensure accurate payroll-related statutory deductions and compliance with applicable regulations.
- Handle PF, ESIC,



Professional Tax, TDS and other applicable payroll compliances.
- Coordinate with Finance and external consultants for statutory filings, reconciliations and employee documentation.
- Maintain compliance records and support internal and statutory audits.

4. MIS & Reporting

- Prepare monthly payroll reports, salary registers, F&F; trackers and reconciliation statements.
- Maintain payroll data and reports for management review.
- Identify discrepancies and implement checks to minimise payroll errors.
- Support payroll audits and process improvements.

Required Skills & Qualifications
- Graduate in Commerce, Business Administration, HR or a related field.
- 35 years of relevant experience in payroll processing and F&F; settlements.
- Strong working knowledge of Indian payroll practices and statutory compliances.
- Hands-on experience with Excel, including VLOOKUP/XLOOKUP, Pivot Tables and data reconciliation.
- Experience working with HRMS/payroll systems.
- Strong numerical, analytical and problem-solving skills.
- Ability to manage confidential employee information and meet strict payroll deadlines.
- Good coordination and communication skills.

Ideal Candidate Profile We are looking for a practical, execution-focused qualified who can independently handle payroll and F&F; operations without requiring extensive supervision. The candidate should have strong Excel skills, a sound understanding of statutory compliance and the ability to manage employee queries and payroll discrepancies efficiently.

📌 HR Executive - Payroll & Fnf Specialist (Mumbai)
🏢 SBFC Finance
📍 Mumbai