Job Description

Job Objective:We are seeking a skilled and detail-oriented Payroll & Benefits Specialist to own and manage exit processes for full time employees. In addition, the incumbent will be responsible for managing employee benefits like insurance, long service awards, creche, etc.Responsibilities:Exit Management:- Manage the exit process for departing employees, ensuring all necessary steps are completed accurately and in compliance with company policies and regulations.- Coordinate and follow up with various stakeholders, including HRBP, IT, and facilities, to ensure the no-dues closure process for the employees.- Compile the inputs, payables and deductibles received from all sources and share with the payroll partner for full & final settlement.- Validate the full & final settlement output received from the payroll partner for correctness and share with the Auditor for approval.- Ensure timely payment of dues and settlements based on approval in accordance with company policies and regulatory requirements.- Coordinate with the exiting employees for recovering the dues where applicable.- Resolve any discrepancies or disputes related to full & final settlements in collaboration with relevant stakeholders.Employee Benefits Administration:- Coordinate with insurance brokers, and TPA to ensure accurate enrollment/ removal, coverage, and administration of insurance benefits and claim processes.- Assist employees with insurance-related inquiries and provide guidance and coordinate on the claim process where required.- Coordinate for timely execution of long service awards with vendors in advance for ensuring timely payments and timely roll out of benefits.- Ensure all communication and other related processes for Mothers@PhonePe programme.- Monitoring the usage of day-care facilities for coordination with the vendor and ensuring correct billing.Process Documentation and Improvement:- Create SOPs related to exit management and benefits administration.- Continuously review and improve the processes to enhance efficiency and accuracy.- Support the Payroll Manager in other payroll activities as may be required.Capabilities & Requirements:- Bachelor\'s degree in Human Resources/Business Administration/Commerce, or a related field. MBA will be an added advantage.- 2-3 years of experience in HR operations with exposure to India payroll ecosystem.- Knowledge of payroll related compliances will be a plus.- Attention to details, conscientious and strong execution rigor.- Experience in a fast-paced environment is preferred.

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