About this role
Area(s) of responsibility
Role objective
The Separations & F&F Executive will be required to assist the Separations & F&F Manager in processing Full & Final Settlement for exiting employees.
Key Activities
- Processing F&F with accuracy and within defined SLA.
- Collating inputs by coordinating with payroll team for inputs pertaining to Salary, attendance, , deductions, etc., HR Business Partner team for Last Working Date, Notice Period Pay, IT team & other functions for clearance towards surrender of IT assets, Access Card, other company assets, etc, and Finance for deduction of any pending advances or other deductions.
- Preparing F&F worksheet and issuing the same to exited employees along with their Relieving & Experience Letter.
- Corresponding with exiting / exited employees for F&F queries and ensuring that there are no pending amounts payable to them after their F&F is completed.
- Processing Gratuity for eligible cases within stipulated timelines and ensuring that there is no default.
- Managing the F&F tracker and ensuring that it is updated on a daily basis.
- Coordinating with Global Payroll / Internal HR SPOCs for processing timely F&F of employees sent to Onsite locations.
- Recovery tracker maintenance, follow up with exit employees for negative Full Final cases
- Tracking recovery and doing reconciliation with Finance
- Collating employee’s employment documents for Legal proceeding for recovery
- Generating F&F reports and dashboards as required by the Management on a periodical basis.
- Coordinating with HR Business Partner team and helping team with inputs as required from time to time for addressing exited employee’s queries.
- Any other activity as assigned from time to time.
Requisite Qualifications & Experience
- B Com / M Com / MBA (Finance / HR) / CA/CWA (Inter)
- 3-5 years of relevant experience in similar role.
Requisite Skillsets & Competencies
- Should be analytical and logical in approach with an eye for details.
- Quick learner and good in understanding and applying policies & processes
- Perseverant and thorough in doing follow-ups, coordination and a go-getter
- Proficiency in Excel.
- Working knowledge of SAP & any payroll software.