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 efficient, accurate, and error-free.
2. 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.
3. 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]