Specialist, Exit Management

Posted 11 Days Ago
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Bengaluru, Bengaluru Urban, Karnataka, IND
In-Office
Junior
Fintech • Financial Services
The Role
Manage end-to-end employee and intern offboarding, including resignations, separations, no-dues clearance, asset recovery, full and final settlements, payroll coordination, recoveries, employee queries, documentation, dashboards, MIS, and audit readiness. Ensure compliance with company policies, SOPs, Indian labor laws, process timelines, and confidentiality requirements while improving exit-process execution.
Summary Generated by Built In
Company Description

PhonePe Limited (Formerly PhonePe Private Limited) is a technology company that builds digital platforms for Payments, Digital Distribution Services and Financial Services. Headquartered in India, the PhonePe digital payments app was launched in 2016. As of April 2026, PhonePe has over 70 Crore life-till-date registered users and a digital payments acceptance network spread across over 5 Crore merchants. PhonePe’s products and services include Consumer Payments (including Digital Distribution Services), Merchant Payments, Lending and Insurance Distribution services, and New Platforms, which comprise Share.Market (stock broking and mutual funds distribution platform), and Indus Appstore (Android-based mobile app marketplace). Culture:

At PhonePe, we go the extra mile to make sure you can bring your best self to work, Everyday!. And that starts with creating the right environment for you. We empower people and trust them to do the right thing. Here, you own your work from start to finish, right from day one. PhonePe-rs solve complex problems and execute quickly; often building frameworks from scratch. If you’re excited by the idea of building platforms that touch millions, ideating with some of the best minds in the country and executing on your dreams with purpose and speed, join us!

Job Description

Looking for a Specialist - Exit Management experienced for handling the entire set of exit processes including resignations, separation, F&F, recoveries and related documentation. 

Key Responsibilities:

Employee Exit Management:

  • Manage end-to-end offboarding processes for the on-roll employees and interns with strict adherence to Company policies, SOPs and Indian labour laws.

  • Ensuring the required process adherence and documentation in  various types of separations (voluntary/ involuntary, absconding, etc.) as per the internal SOPs.

  • Coordinate with internal stakeholders for no-dues clearance and asset recovery.

  • Monitor the process timelines and continuously improve execution and compliance across the offboarding lifecycle.

Full & Final Settlements (F&F)

  • Drive timely and accurate Full & Final Settlements in coordination with the stakeholders.

  • Coordinate with Payroll Vendors for F&F reports, payslips, and tax sheets within defined TAT.

  • Timely settlement of F&F amounts and required documents for the positive F&F cases.

  • Engage with exited employees in the negative F&F cases for facilitating recoveries and recommend write-offs as per SOPs.

Pre and Post-Exit Support

  • Ensure quick resolution of post-exit queries such as TDS certificates, payslips, or F&F clarifications.

  • Respond to employee tickets and email queries within TAT, ensuring high-quality documentation.

  • Maintain the required dashboards for tracking status, timelines and TAT across various Exit processes

HR Documentation and Audit Readiness

  • Ensuring audit readiness through appropriate documentation, audit trails, approvals and data update.

  • Maintain trackers and MIS for monitoring and reporting the various process steps.

Qualifications

  • Bachelor’s degree in Human Resources, Social Work, or related field with 2 to 3 years of relevant experience in payroll or exit area.

  • Proficient in MS Excel. Exposure to HRMS tools and payroll systems will be a plus.

  • High attention to detail, organizational skills, and process compliance

  • Structured work practices and strong service orientation to ensure task completion within defined TATs.

  • Should be able to handle sensitive and confidential employee data.

Additional Information

PhonePe Full Time Employee Benefits (Not applicable for Intern or Contract Roles)

Insurance Benefits - Medical Insurance, Critical Illness Insurance, Accidental Insurance, Life Insurance Wellness Program - Employee Assistance Program, Onsite Medical Center, Emergency Support System Parental Support - Maternity Benefit, Paternity Benefit Program, Adoption Assistance Program, Day-care Support Program Mobility Benefits - Relocation benefits, Transfer Support Policy, Travel Policy Retirement Benefits - Employee PF Contribution, Flexible PF Contribution, Gratuity, NPS, Leave Encashment Other Benefits - Higher Education Assistance, Car Lease, Salary Advance Policy

Our inclusive culture promotes individual expression, creativity, innovation, and achievement and in turn helps us better understand and serve our customers. We see ourselves as a place for intellectual curiosity, ideas and debates, where diverse perspectives lead to deeper understanding and better quality results. PhonePe is an equal opportunity employer and is committed to treating all its employees and job applicants equally; regardless of gender, sexual preference, religion, race, color or disability. If you have a disability or special need that requires assistance or reasonable accommodation, during the application and hiring process, including support for the interview or onboarding process, please fill out this form.

Read more about PhonePe on our blog.

Life at PhonePe

PhonePe in the news

Skills Required

  • Bachelor’s degree in Human Resources, Social Work, or a related field
  • 2 to 3 years of relevant experience in payroll or exit management
  • Proficiency in MS Excel
  • Exposure to HRMS tools and payroll systems
  • High attention to detail and strong organizational skills
  • Strong process compliance and structured work practices
  • Strong service orientation and ability to complete tasks within defined TATs
  • Ability to handle sensitive and confidential employee data
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The Company
HQ: Bengaluru
1,000 Employees
Year Founded: 2015

What We Do

PhonePe was founded in December 2015 and has emerged as India’s largest payments app, enabling digital inclusion for consumers and merchants alike. With 48 crore (480 Million) registered users, one in four Indians are now on PhonePe. The company has also successfully digitized 3.6 crore (36 Million) offline merchants spread across Tier 2,3,4 and beyond, covering 99% of the postal codes across India. PhonePe is also the leader in Bharat Bill Pay System (BBPS), processing over 45% of the transactions on the BBPS platform. PhonePe forayed into financial services in 2017, providing users with safe and convenient investing options on its platform. Since then, the company has introduced several Mutual Funds and Insurance products that offer every Indian an equal opportunity to unlock the flow of money and access to services. PhonePe was recently recognized as the Most Trusted Brand for Digital Payments as per the Brand Trust Report 2023 by Trust Research Advisory (TRA).

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