HR Executive - Payroll & Fnf Specialist

SBFC Finance Limited; Mumbai; Sur place; INR 600 000 - 800 000; Plein temps

Résumé du poste

SBFC Finance Limited is seeking a hands-on HR Payroll & F&F professional to manage end-to-end monthly payroll processing, attendance validation, and salary disbursement. You will handle full and final settlements, statutory compliance, payroll reconciliation, and MIS reporting, coordinating with HR and Finance while maintaining strict confidentiality.

The ideal candidate should be proficient in Excel (VLOOKUP/XLOOKUP, Pivot Tables) and HRMS payroll systems, with strong numerical and analytical

Qualifications

• Graduate in Commerce, Business Administration, HR or 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.

Responsabilités

• End-to-end monthly payroll processing, ensuring accuracy and timely salary disbursement.
• Manage end-to-end F&F settlements for exiting employees.
• Ensure accurate payroll-related statutory deductions and compliance.
• Prepare monthly payroll reports, salary registers, F&F trackers and reconciliation statements.

Connaissances

Payroll processing

F&F settlements

Statutory compliance

Excel (VLOOKUP/XLOOKUP)

HRMS/payroll systems

Data reconciliation

Confidentiality

Communication

Formation

Graduate in Commerce, Business Administration, HR

Outils

HRMS/payroll software

Description du poste

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 professional 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.