diff --git a/pkg/controller/job/indexed_job_utils.go b/pkg/controller/job/indexed_job_utils.go
index 7fa9bdc22b4..a6d953fa1c4 100644
--- a/pkg/controller/job/indexed_job_utils.go
+++ b/pkg/controller/job/indexed_job_utils.go
@@ -338,3 +338,10 @@ func (bci byCompletionIndex) Swap(i, j int) {
 func (bci byCompletionIndex) Len() int {
 	return len(bci)
 }
+
+func completionModeStr(job *batch.Job) string {
+	if job.Spec.CompletionMode != nil {
+		return string(*job.Spec.CompletionMode)
+	}
+	return string(batch.NonIndexedCompletion)
+}
diff --git a/pkg/controller/job/job_controller.go b/pkg/controller/job/job_controller.go
index 31d4727d897..9a54f45b1e9 100644
--- a/pkg/controller/job/job_controller.go
+++ b/pkg/controller/job/job_controller.go
@@ -55,22 +55,21 @@ import (
 	"k8s.io/utils/integer"
 )
 
-const (
-	// maxUncountedPods is the maximum size the slices in
-	// .status.uncountedTerminatedPods should have to keep their representation
-	// roughly below 20 KB.
-	maxUncountedPods          = 500
-	maxPodCreateDeletePerSync = 500
-)
-
 // controllerKind contains the schema.GroupVersionKind for this controller type.
 var controllerKind = batch.SchemeGroupVersion.WithKind("Job")
 
 var (
-	// DefaultJobBackOff is the default backoff period, exported for the e2e test
+	// DefaultJobBackOff is the default backoff period. Exported for tests.
 	DefaultJobBackOff = 10 * time.Second
-	// MaxJobBackOff is the max backoff period, exported for the e2e test
+	// MaxJobBackOff is the max backoff period. Exported for tests.
 	MaxJobBackOff = 360 * time.Second
+	// MaxUncountedPods is the maximum size the slices in
+	// .status.uncountedTerminatedPods should have to keep their representation
+	// roughly below 20 KB. Exported for tests
+	MaxUncountedPods = 500
+	// MaxPodCreateDeletePerSync is the maximum number of pods that can be
+	// created or deleted in a single sync call. Exported for tests.
+	MaxPodCreateDeletePerSync = 500
 )
 
 // Controller ensures that all Job objects have corresponding pods to
@@ -94,6 +93,10 @@ type Controller struct {
 	// A TTLCache of pod creates/deletes each rc expects to see
 	expectations controller.ControllerExpectationsInterface
 
+	// finalizerExpectations tracks the Pod UIDs for which the controller
+	// expects to observe the tracking finalizer removed.
+	finalizerExpectations *uidTrackingExpectations
+
 	// A store of jobs
 	jobLister batchv1listers.JobLister
 
@@ -126,10 +129,11 @@ func NewController(podInformer coreinformers.PodInformer, jobInformer batchinfor
 			KubeClient: kubeClient,
 			Recorder:   eventBroadcaster.NewRecorder(scheme.Scheme, v1.EventSource{Component: "job-controller"}),
 		},
-		expectations: controller.NewControllerExpectations(),
-		queue:        workqueue.NewNamedRateLimitingQueue(workqueue.NewItemExponentialFailureRateLimiter(DefaultJobBackOff, MaxJobBackOff), "job"),
-		orphanQueue:  workqueue.NewNamedRateLimitingQueue(workqueue.NewItemExponentialFailureRateLimiter(DefaultJobBackOff, MaxJobBackOff), "job_orphan_pod"),
-		recorder:     eventBroadcaster.NewRecorder(scheme.Scheme, v1.EventSource{Component: "job-controller"}),
+		expectations:          controller.NewControllerExpectations(),
+		finalizerExpectations: newUIDTrackingExpectations(),
+		queue:                 workqueue.NewNamedRateLimitingQueue(workqueue.NewItemExponentialFailureRateLimiter(DefaultJobBackOff, MaxJobBackOff), "job"),
+		orphanQueue:           workqueue.NewNamedRateLimitingQueue(workqueue.NewItemExponentialFailureRateLimiter(DefaultJobBackOff, MaxJobBackOff), "job_orphan_pod"),
+		recorder:              eventBroadcaster.NewRecorder(scheme.Scheme, v1.EventSource{Component: "job-controller"}),
 	}
 
 	jobInformer.Informer().AddEventHandler(cache.ResourceEventHandlerFuncs{
@@ -147,7 +151,9 @@ func NewController(podInformer coreinformers.PodInformer, jobInformer batchinfor
 	podInformer.Informer().AddEventHandler(cache.ResourceEventHandlerFuncs{
 		AddFunc:    jm.addPod,
 		UpdateFunc: jm.updatePod,
-		DeleteFunc: jm.deletePod,
+		DeleteFunc: func(obj interface{}) {
+			jm.deletePod(obj, true)
+		},
 	})
 	jm.podStore = podInformer.Lister()
 	jm.podStoreSynced = podInformer.Informer().HasSynced
@@ -228,7 +234,7 @@ func (jm *Controller) addPod(obj interface{}) {
 	if pod.DeletionTimestamp != nil {
 		// on a restart of the controller, it's possible a new pod shows up in a state that
 		// is already pending deletion. Prevent the pod from being a creation observation.
-		jm.deletePod(pod)
+		jm.deletePod(pod, false)
 		return
 	}
 
@@ -272,19 +278,31 @@ func (jm *Controller) updatePod(old, cur interface{}) {
 		// and after such time has passed, the kubelet actually deletes it from the store. We receive an update
 		// for modification of the deletion timestamp and expect an job to create more pods asap, not wait
 		// until the kubelet actually deletes the pod.
-		jm.deletePod(curPod)
+		jm.deletePod(curPod, false)
 		return
 	}
 
 	// the only time we want the backoff to kick-in, is when the pod failed
 	immediate := curPod.Status.Phase != v1.PodFailed
 
+	// Don't check if oldPod has the finalizer, as during ownership transfer
+	// finalizers might be re-added and removed again in behalf of the new owner.
+	// If all those Pod updates collapse into a single event, the finalizer
+	// might be removed in oldPod and curPod. We want to record the latest
+	// state.
+	finalizerRemoved := !hasJobTrackingFinalizer(curPod)
 	curControllerRef := metav1.GetControllerOf(curPod)
 	oldControllerRef := metav1.GetControllerOf(oldPod)
 	controllerRefChanged := !reflect.DeepEqual(curControllerRef, oldControllerRef)
 	if controllerRefChanged && oldControllerRef != nil {
 		// The ControllerRef was changed. Sync the old controller, if any.
 		if job := jm.resolveControllerRef(oldPod.Namespace, oldControllerRef); job != nil {
+			if finalizerRemoved {
+				key, err := controller.KeyFunc(job)
+				if err == nil {
+					jm.finalizerExpectations.finalizerRemovalObserved(key, string(curPod.UID))
+				}
+			}
 			jm.enqueueController(job, immediate)
 		}
 	}
@@ -295,6 +313,12 @@ func (jm *Controller) updatePod(old, cur interface{}) {
 		if job == nil {
 			return
 		}
+		if finalizerRemoved {
+			key, err := controller.KeyFunc(job)
+			if err == nil {
+				jm.finalizerExpectations.finalizerRemovalObserved(key, string(curPod.UID))
+			}
+		}
 		jm.enqueueController(job, immediate)
 		return
 	}
@@ -311,7 +335,7 @@ func (jm *Controller) updatePod(old, cur interface{}) {
 
 // When a pod is deleted, enqueue the job that manages the pod and update its expectations.
 // obj could be an *v1.Pod, or a DeleteFinalStateUnknown marker item.
-func (jm *Controller) deletePod(obj interface{}) {
+func (jm *Controller) deletePod(obj interface{}, final bool) {
 	pod, ok := obj.(*v1.Pod)
 
 	// When a delete is dropped, the relist will notice a pod in the store not
@@ -348,6 +372,13 @@ func (jm *Controller) deletePod(obj interface{}) {
 		return
 	}
 	jm.expectations.DeletionObserved(jobKey)
+
+	// Consider the finalizer removed if this is the final delete. Otherwise,
+	// it's an update for the deletion timestamp, then check finalizer.
+	if final || !hasJobTrackingFinalizer(pod) {
+		jm.finalizerExpectations.finalizerRemovalObserved(jobKey, string(pod.UID))
+	}
+
 	jm.enqueueController(job, true)
 }
 
@@ -572,6 +603,7 @@ func (jm *Controller) syncJob(key string) (forget bool, rErr error) {
 		if apierrors.IsNotFound(err) {
 			klog.V(4).Infof("Job has been deleted: %v", key)
 			jm.expectations.DeleteExpectations(key)
+			jm.finalizerExpectations.deleteExpectations(key)
 			return true, nil
 		}
 		return false, err
@@ -610,6 +642,7 @@ func (jm *Controller) syncJob(key string) (forget bool, rErr error) {
 		metrics.JobSyncNum.WithLabelValues(completionMode, result, action).Inc()
 	}()
 
+	var expectedRmFinalizers sets.String
 	var uncounted *uncountedTerminatedPods
 	if trackingUncountedPods(&job) {
 		klog.V(4).InfoS("Tracking uncounted Pods with pod finalizers", "job", klog.KObj(&job))
@@ -617,6 +650,7 @@ func (jm *Controller) syncJob(key string) (forget bool, rErr error) {
 			job.Status.UncountedTerminatedPods = &batch.UncountedTerminatedPods{}
 		}
 		uncounted = newUncountedTerminatedPods(*job.Status.UncountedTerminatedPods)
+		expectedRmFinalizers = jm.finalizerExpectations.getExpectedUIDs(key)
 	} else if patch := removeTrackingAnnotationPatch(&job); patch != nil {
 		if err := jm.patchJobHandler(&job, patch); err != nil {
 			return false, fmt.Errorf("removing tracking finalizer from job %s: %w", key, err)
@@ -635,7 +669,7 @@ func (jm *Controller) syncJob(key string) (forget bool, rErr error) {
 
 	activePods := controller.FilterActivePods(pods)
 	active := int32(len(activePods))
-	succeeded, failed := getStatus(&job, pods, uncounted)
+	succeeded, failed := getStatus(&job, pods, uncounted, expectedRmFinalizers)
 	// Job first start. Set StartTime and start the ActiveDeadlineSeconds timer
 	// only if the job is not in the suspended state.
 	if job.Status.StartTime == nil && !jobSuspended(&job) {
@@ -755,7 +789,7 @@ func (jm *Controller) syncJob(key string) (forget bool, rErr error) {
 	if uncounted != nil {
 		needsStatusUpdate := suspendCondChanged || active != job.Status.Active
 		job.Status.Active = active
-		err = jm.trackJobStatusAndRemoveFinalizers(&job, pods, prevSucceededIndexes, *uncounted, finishedCondition, needsStatusUpdate)
+		err = jm.trackJobStatusAndRemoveFinalizers(&job, pods, prevSucceededIndexes, *uncounted, expectedRmFinalizers, finishedCondition, needsStatusUpdate)
 		if err != nil {
 			return false, fmt.Errorf("tracking status: %w", err)
 		}
@@ -873,7 +907,8 @@ func (jm *Controller) removeTrackingFinalizersFromAllPods(pods []*v1.Pod) error
 	if len(podsWithFinalizer) == 0 {
 		return nil
 	}
-	_, err := jm.removeTrackingFinalizerFromPods(podsWithFinalizer)
+	// Tracking with finalizers is disabled, no need to set expectations.
+	_, err := jm.removeTrackingFinalizerFromPods("", podsWithFinalizer)
 	return err
 }
 
@@ -883,9 +918,9 @@ func (jm *Controller) removeTrackingFinalizersFromAllPods(pods []*v1.Pod) error
 //    or the job was removed.
 // 3. Increment job counters for pods that no longer have a finalizer.
 // 4. Add Complete condition if satisfied with current counters.
-// It does this in a controlled way such that the size of .status doesn't grow
-// too much.
-func (jm *Controller) trackJobStatusAndRemoveFinalizers(job *batch.Job, pods []*v1.Pod, succeededIndexes orderedIntervals, uncounted uncountedTerminatedPods, finishedCond *batch.JobCondition, needsFlush bool) error {
+// It does this up to a limited number of Pods so that the size of .status
+// doesn't grow too much and this sync doesn't starve other Jobs.
+func (jm *Controller) trackJobStatusAndRemoveFinalizers(job *batch.Job, pods []*v1.Pod, succeededIndexes orderedIntervals, uncounted uncountedTerminatedPods, expectedRmFinalizers sets.String, finishedCond *batch.JobCondition, needsFlush bool) error {
 	isIndexed := isIndexedJob(job)
 	var podsToRemoveFinalizer []*v1.Pod
 	uncountedStatus := job.Status.UncountedTerminatedPods
@@ -896,15 +931,18 @@ func (jm *Controller) trackJobStatusAndRemoveFinalizers(job *batch.Job, pods []*
 	}
 	uidsWithFinalizer := make(sets.String, len(pods))
 	for _, p := range pods {
-		if hasJobTrackingFinalizer(p) {
-			uidsWithFinalizer.Insert(string(p.UID))
+		uid := string(p.UID)
+		if hasJobTrackingFinalizer(p) && !expectedRmFinalizers.Has(uid) {
+			uidsWithFinalizer.Insert(uid)
 		}
 	}
+	// Shallow copy, as it will only be used to detect changes in the counters.
+	oldCounters := job.Status
 	if cleanUncountedPodsWithoutFinalizers(&job.Status, uidsWithFinalizer) {
 		needsFlush = true
 	}
 	for _, pod := range pods {
-		if !hasJobTrackingFinalizer(pod) {
+		if !hasJobTrackingFinalizer(pod) || expectedRmFinalizers.Has(string(pod.UID)) {
 			continue
 		}
 		podFinished := pod.Status.Phase == v1.PodSucceeded || pod.Status.Phase == v1.PodFailed
@@ -936,18 +974,16 @@ func (jm *Controller) trackJobStatusAndRemoveFinalizers(job *batch.Job, pods []*
 				uncountedStatus.Failed = append(uncountedStatus.Failed, pod.UID)
 			}
 		}
-		if len(newSucceededIndexes)+len(uncountedStatus.Succeeded)+len(uncountedStatus.Failed) >= maxUncountedPods {
-			if len(newSucceededIndexes) > 0 {
-				succeededIndexes = succeededIndexes.withOrderedIndexes(newSucceededIndexes)
-				job.Status.Succeeded = int32(succeededIndexes.total())
-				job.Status.CompletedIndexes = succeededIndexes.String()
-			}
-			var err error
-			if job, needsFlush, err = jm.flushUncountedAndRemoveFinalizers(job, podsToRemoveFinalizer, uidsWithFinalizer, needsFlush); err != nil {
-				return err
-			}
-			podsToRemoveFinalizer = nil
-			newSucceededIndexes = nil
+		if len(newSucceededIndexes)+len(uncountedStatus.Succeeded)+len(uncountedStatus.Failed) >= MaxUncountedPods {
+			// The controller added enough Pods already to .status.uncountedTerminatedPods
+			// We stop counting pods and removing finalizers here to:
+			// 1. Ensure that the UIDs representation are under 20 KB.
+			// 2. Cap the number of finalizer removals so that syncing of big Jobs
+			//    doesn't starve smaller ones.
+			//
+			// The job will be synced again because the Job status and Pod updates
+			// will put the Job back to the work queue.
+			break
 		}
 	}
 	if len(newSucceededIndexes) > 0 {
@@ -956,7 +992,7 @@ func (jm *Controller) trackJobStatusAndRemoveFinalizers(job *batch.Job, pods []*
 		job.Status.CompletedIndexes = succeededIndexes.String()
 	}
 	var err error
-	if job, needsFlush, err = jm.flushUncountedAndRemoveFinalizers(job, podsToRemoveFinalizer, uidsWithFinalizer, needsFlush); err != nil {
+	if job, needsFlush, err = jm.flushUncountedAndRemoveFinalizers(job, podsToRemoveFinalizer, uidsWithFinalizer, &oldCounters, needsFlush); err != nil {
 		return err
 	}
 	if jm.enactJobFinished(job, finishedCond) {
@@ -966,6 +1002,7 @@ func (jm *Controller) trackJobStatusAndRemoveFinalizers(job *batch.Job, pods []*
 		if _, err := jm.updateStatusHandler(job); err != nil {
 			return fmt.Errorf("removing uncounted pods from status: %w", err)
 		}
+		recordJobPodFinished(job, oldCounters)
 	}
 	return nil
 }
@@ -979,18 +1016,25 @@ func (jm *Controller) trackJobStatusAndRemoveFinalizers(job *batch.Job, pods []*
 // 4. (if not all removals succeeded) flush Job status again.
 // Returns whether there are pending changes in the Job status that need to be
 // flushed in subsequent calls.
-func (jm *Controller) flushUncountedAndRemoveFinalizers(job *batch.Job, podsToRemoveFinalizer []*v1.Pod, uidsWithFinalizer sets.String, needsFlush bool) (*batch.Job, bool, error) {
+func (jm *Controller) flushUncountedAndRemoveFinalizers(job *batch.Job, podsToRemoveFinalizer []*v1.Pod, uidsWithFinalizer sets.String, oldCounters *batch.JobStatus, needsFlush bool) (*batch.Job, bool, error) {
 	var err error
 	if needsFlush {
 		if job, err = jm.updateStatusHandler(job); err != nil {
 			return job, needsFlush, fmt.Errorf("adding uncounted pods to status: %w", err)
 		}
+		recordJobPodFinished(job, *oldCounters)
+		// Shallow copy, as it will only be used to detect changes in the counters.
+		*oldCounters = job.Status
 		needsFlush = false
 	}
+	jobKey, err := controller.KeyFunc(job)
+	if err != nil {
+		return job, needsFlush, fmt.Errorf("getting job key: %w", err)
+	}
 	var rmErr error
 	if len(podsToRemoveFinalizer) > 0 {
 		var rmSucceded []bool
-		rmSucceded, rmErr = jm.removeTrackingFinalizerFromPods(podsToRemoveFinalizer)
+		rmSucceded, rmErr = jm.removeTrackingFinalizerFromPods(jobKey, podsToRemoveFinalizer)
 		for i, p := range podsToRemoveFinalizer {
 			if rmSucceded[i] {
 				uidsWithFinalizer.Delete(string(p.UID))
@@ -1036,9 +1080,19 @@ func cleanUncountedPodsWithoutFinalizers(status *batch.JobStatus, uidsWithFinali
 // returns an array of booleans where the i-th value is true if the finalizer
 // of the i-th Pod was successfully removed (if the pod was deleted when this
 // function was called, it's considered as the finalizer was removed successfully).
-func (jm *Controller) removeTrackingFinalizerFromPods(pods []*v1.Pod) ([]bool, error) {
+func (jm *Controller) removeTrackingFinalizerFromPods(jobKey string, pods []*v1.Pod) ([]bool, error) {
 	errCh := make(chan error, len(pods))
 	succeeded := make([]bool, len(pods))
+	uids := make([]string, len(pods))
+	for i, p := range pods {
+		uids[i] = string(p.UID)
+	}
+	if jobKey != "" {
+		err := jm.finalizerExpectations.expectFinalizersRemoved(jobKey, uids)
+		if err != nil {
+			return succeeded, fmt.Errorf("setting expected removed finalizers: %w", err)
+		}
+	}
 	wg := sync.WaitGroup{}
 	wg.Add(len(pods))
 	for i := range pods {
@@ -1046,10 +1100,17 @@ func (jm *Controller) removeTrackingFinalizerFromPods(pods []*v1.Pod) ([]bool, e
 			pod := pods[i]
 			defer wg.Done()
 			if patch := removeTrackingFinalizerPatch(pod); patch != nil {
-				if err := jm.podControl.PatchPod(pod.Namespace, pod.Name, patch); err != nil && !apierrors.IsNotFound(err) {
-					errCh <- err
-					utilruntime.HandleError(err)
-					return
+				if err := jm.podControl.PatchPod(pod.Namespace, pod.Name, patch); err != nil {
+					// In case of any failure, we don't expect a Pod update for the
+					// finalizer removed. Clear expectation now.
+					if jobKey != "" {
+						jm.finalizerExpectations.finalizerRemovalObserved(jobKey, string(pod.UID))
+					}
+					if !apierrors.IsNotFound(err) {
+						errCh <- err
+						utilruntime.HandleError(err)
+						return
+					}
 				}
 				succeeded[i] = true
 			}
@@ -1152,15 +1213,15 @@ func newCondition(conditionType batch.JobConditionType, status v1.ConditionStatu
 }
 
 // getStatus returns number of succeeded and failed pods running a job
-func getStatus(job *batch.Job, pods []*v1.Pod, uncounted *uncountedTerminatedPods) (succeeded, failed int32) {
+func getStatus(job *batch.Job, pods []*v1.Pod, uncounted *uncountedTerminatedPods, expectedRmFinalizers sets.String) (succeeded, failed int32) {
 	if uncounted != nil {
 		succeeded = job.Status.Succeeded
 		failed = job.Status.Failed
 	}
-	succeeded += int32(countValidPodsWithFilter(job, pods, uncounted.Succeeded(), func(p *v1.Pod) bool {
+	succeeded += int32(countValidPodsWithFilter(job, pods, uncounted.Succeeded(), expectedRmFinalizers, func(p *v1.Pod) bool {
 		return p.Status.Phase == v1.PodSucceeded
 	}))
-	failed += int32(countValidPodsWithFilter(job, pods, uncounted.Failed(), func(p *v1.Pod) bool {
+	failed += int32(countValidPodsWithFilter(job, pods, uncounted.Failed(), expectedRmFinalizers, func(p *v1.Pod) bool {
 		if p.Status.Phase == v1.PodFailed {
 			return true
 		}
@@ -1226,12 +1287,12 @@ func (jm *Controller) manageJob(job *batch.Job, activePods []*v1.Pod, succeeded
 		rmAtLeast = 0
 	}
 	podsToDelete := activePodsForRemoval(job, activePods, int(rmAtLeast))
-	if len(podsToDelete) > maxPodCreateDeletePerSync {
-		podsToDelete = podsToDelete[:maxPodCreateDeletePerSync]
+	if len(podsToDelete) > MaxPodCreateDeletePerSync {
+		podsToDelete = podsToDelete[:MaxPodCreateDeletePerSync]
 	}
 	if len(podsToDelete) > 0 {
 		jm.expectations.ExpectDeletions(jobKey, len(podsToDelete))
-		klog.V(4).InfoS("Too many pods running for job", "job", klog.KObj(job), "deleted", len(podsToDelete), "target", parallelism)
+		klog.V(4).InfoS("Too many pods running for job", "job", klog.KObj(job), "deleted", len(podsToDelete), "target", wantActive)
 		removed, err := jm.deleteJobPods(job, jobKey, podsToDelete)
 		active -= removed
 		// While it is possible for a Job to require both pod creations and
@@ -1243,8 +1304,8 @@ func (jm *Controller) manageJob(job *batch.Job, activePods []*v1.Pod, succeeded
 
 	if active < wantActive {
 		diff := wantActive - active
-		if diff > int32(maxPodCreateDeletePerSync) {
-			diff = int32(maxPodCreateDeletePerSync)
+		if diff > int32(MaxPodCreateDeletePerSync) {
+			diff = int32(MaxPodCreateDeletePerSync)
 		}
 
 		jm.expectations.ExpectCreations(jobKey, int(diff))
@@ -1392,12 +1453,13 @@ func getBackoff(queue workqueue.RateLimitingInterface, key interface{}) time.Dur
 // countValidPodsWithFilter returns number of valid pods that pass the filter.
 // Pods are valid if they have a finalizer and, for Indexed Jobs, a valid
 // completion index.
-func countValidPodsWithFilter(job *batch.Job, pods []*v1.Pod, uncounted sets.String, filter func(*v1.Pod) bool) int {
+func countValidPodsWithFilter(job *batch.Job, pods []*v1.Pod, uncounted sets.String, expectedRmFinalizers sets.String, filter func(*v1.Pod) bool) int {
 	result := len(uncounted)
 	for _, p := range pods {
+		uid := string(p.UID)
 		// Pods that don't have a completion finalizer are in the uncounted set or
 		// have already been accounted for in the Job status.
-		if uncounted != nil && (!hasJobTrackingFinalizer(p) || uncounted.Has(string(p.UID))) {
+		if uncounted != nil && (!hasJobTrackingFinalizer(p) || uncounted.Has(uid) || expectedRmFinalizers.Has(uid)) {
 			continue
 		}
 		if isIndexedJob(job) {
@@ -1538,3 +1600,11 @@ func ensureJobConditionStatus(list []batch.JobCondition, cType batch.JobConditio
 	}
 	return list, false
 }
+
+func recordJobPodFinished(job *batch.Job, oldCounters batch.JobStatus) {
+	completionMode := completionModeStr(job)
+	diff := job.Status.Succeeded - oldCounters.Succeeded
+	metrics.JobPodsFinished.WithLabelValues(completionMode, metrics.Succeeded).Add(float64(diff))
+	diff = job.Status.Failed - oldCounters.Failed
+	metrics.JobPodsFinished.WithLabelValues(completionMode, metrics.Failed).Add(float64(diff))
+}
diff --git a/pkg/controller/job/job_controller_test.go b/pkg/controller/job/job_controller_test.go
index de9da1548b3..3631c1dae3b 100644
--- a/pkg/controller/job/job_controller_test.go
+++ b/pkg/controller/job/job_controller_test.go
@@ -47,8 +47,10 @@ import (
 	"k8s.io/client-go/tools/cache"
 	"k8s.io/client-go/util/workqueue"
 	featuregatetesting "k8s.io/component-base/featuregate/testing"
+	metricstestutil "k8s.io/component-base/metrics/testutil"
 	_ "k8s.io/kubernetes/pkg/apis/core/install"
 	"k8s.io/kubernetes/pkg/controller"
+	"k8s.io/kubernetes/pkg/controller/job/metrics"
 	"k8s.io/kubernetes/pkg/controller/testutil"
 	"k8s.io/kubernetes/pkg/features"
 	"k8s.io/utils/pointer"
@@ -114,6 +116,7 @@ func newPod(name string, job *batch.Job) *v1.Pod {
 	return &v1.Pod{
 		ObjectMeta: metav1.ObjectMeta{
 			Name:            name,
+			UID:             types.UID(name),
 			Labels:          job.Spec.Selector.MatchLabels,
 			Namespace:       job.Namespace,
 			OwnerReferences: []metav1.OwnerReference{*metav1.NewControllerRef(job, controllerKind)},
@@ -1001,10 +1004,11 @@ func TestSyncJobLegacyTracking(t *testing.T) {
 
 func TestGetStatus(t *testing.T) {
 	cases := map[string]struct {
-		job           batch.Job
-		pods          []*v1.Pod
-		wantSucceeded int32
-		wantFailed    int32
+		job                  batch.Job
+		pods                 []*v1.Pod
+		expectedRmFinalizers sets.String
+		wantSucceeded        int32
+		wantFailed           int32
 	}{
 		"without finalizers": {
 			job: batch.Job{
@@ -1066,6 +1070,30 @@ func TestGetStatus(t *testing.T) {
 			wantSucceeded: 4,
 			wantFailed:    4,
 		},
+		"with expected removed finalizers": {
+			job: batch.Job{
+				Status: batch.JobStatus{
+					Succeeded: 2,
+					Failed:    2,
+					UncountedTerminatedPods: &batch.UncountedTerminatedPods{
+						Succeeded: []types.UID{"a"},
+						Failed:    []types.UID{"d"},
+					},
+				},
+			},
+			expectedRmFinalizers: sets.NewString("b", "f"),
+			pods: []*v1.Pod{
+				buildPod().uid("a").phase(v1.PodSucceeded).Pod,
+				buildPod().uid("b").phase(v1.PodSucceeded).trackingFinalizer().Pod,
+				buildPod().uid("c").phase(v1.PodSucceeded).trackingFinalizer().Pod,
+				buildPod().uid("d").phase(v1.PodFailed).Pod,
+				buildPod().uid("e").phase(v1.PodFailed).trackingFinalizer().Pod,
+				buildPod().uid("f").phase(v1.PodFailed).trackingFinalizer().Pod,
+				buildPod().uid("g").phase(v1.PodFailed).trackingFinalizer().Pod,
+			},
+			wantSucceeded: 4,
+			wantFailed:    5,
+		},
 		"deleted pods": {
 			pods: []*v1.Pod{
 				buildPod().uid("a").phase(v1.PodSucceeded).deletionTimestamp().Pod,
@@ -1102,7 +1130,7 @@ func TestGetStatus(t *testing.T) {
 			if tc.job.Status.UncountedTerminatedPods != nil {
 				uncounted = newUncountedTerminatedPods(*tc.job.Status.UncountedTerminatedPods)
 			}
-			succeeded, failed := getStatus(&tc.job, tc.pods, uncounted)
+			succeeded, failed := getStatus(&tc.job, tc.pods, uncounted, tc.expectedRmFinalizers)
 			if succeeded != tc.wantSucceeded {
 				t.Errorf("getStatus reports %d succeeded pods, want %d", succeeded, tc.wantSucceeded)
 			}
@@ -1119,15 +1147,16 @@ func TestTrackJobStatusAndRemoveFinalizers(t *testing.T) {
 	indexedCompletion := batch.IndexedCompletion
 	mockErr := errors.New("mock error")
 	cases := map[string]struct {
-		job               batch.Job
-		pods              []*v1.Pod
-		finishedCond      *batch.JobCondition
-		needsFlush        bool
-		statusUpdateErr   error
-		podControlErr     error
-		wantErr           error
-		wantRmFinalizers  int
-		wantStatusUpdates []batch.JobStatus
+		job                  batch.Job
+		pods                 []*v1.Pod
+		finishedCond         *batch.JobCondition
+		expectedRmFinalizers sets.String
+		needsFlush           bool
+		statusUpdateErr      error
+		podControlErr        error
+		wantErr              error
+		wantRmFinalizers     int
+		wantStatusUpdates    []batch.JobStatus
 	}{
 		"no updates": {},
 		"new active": {
@@ -1209,6 +1238,45 @@ func TestTrackJobStatusAndRemoveFinalizers(t *testing.T) {
 				},
 			},
 		},
+		"expecting removed finalizers": {
+			job: batch.Job{
+				Status: batch.JobStatus{
+					Succeeded: 2,
+					Failed:    3,
+					UncountedTerminatedPods: &batch.UncountedTerminatedPods{
+						Succeeded: []types.UID{"a", "g"},
+						Failed:    []types.UID{"b", "h"},
+					},
+				},
+			},
+			expectedRmFinalizers: sets.NewString("c", "d", "g", "h"),
+			pods: []*v1.Pod{
+				buildPod().uid("a").phase(v1.PodSucceeded).trackingFinalizer().Pod,
+				buildPod().uid("b").phase(v1.PodFailed).trackingFinalizer().Pod,
+				buildPod().uid("c").phase(v1.PodSucceeded).trackingFinalizer().Pod,
+				buildPod().uid("d").phase(v1.PodFailed).trackingFinalizer().Pod,
+				buildPod().uid("e").phase(v1.PodSucceeded).trackingFinalizer().Pod,
+				buildPod().uid("f").phase(v1.PodFailed).trackingFinalizer().Pod,
+				buildPod().uid("g").phase(v1.PodSucceeded).trackingFinalizer().Pod,
+				buildPod().uid("h").phase(v1.PodFailed).trackingFinalizer().Pod,
+			},
+			wantRmFinalizers: 4,
+			wantStatusUpdates: []batch.JobStatus{
+				{
+					UncountedTerminatedPods: &batch.UncountedTerminatedPods{
+						Succeeded: []types.UID{"a", "e"},
+						Failed:    []types.UID{"b", "f"},
+					},
+					Succeeded: 3,
+					Failed:    4,
+				},
+				{
+					UncountedTerminatedPods: &batch.UncountedTerminatedPods{},
+					Succeeded:               5,
+					Failed:                  6,
+				},
+			},
+		},
 		"succeeding job": {
 			pods: []*v1.Pod{
 				buildPod().uid("a").phase(v1.PodSucceeded).trackingFinalizer().Pod,
@@ -1462,7 +1530,7 @@ func TestTrackJobStatusAndRemoveFinalizers(t *testing.T) {
 				pods = append(pods, buildPod().uid("b").phase(v1.PodFailed).trackingFinalizer().Pod)
 				return pods
 			}(),
-			wantRmFinalizers: 501,
+			wantRmFinalizers: 499,
 			wantStatusUpdates: []batch.JobStatus{
 				{
 					UncountedTerminatedPods: &batch.UncountedTerminatedPods{
@@ -1479,17 +1547,11 @@ func TestTrackJobStatusAndRemoveFinalizers(t *testing.T) {
 				},
 				{
 					UncountedTerminatedPods: &batch.UncountedTerminatedPods{
-						Succeeded: []types.UID{"499"},
-						Failed:    []types.UID{"b"},
+						Failed: []types.UID{"b"},
 					},
 					Succeeded: 499,
 					Failed:    1,
 				},
-				{
-					UncountedTerminatedPods: &batch.UncountedTerminatedPods{},
-					Succeeded:               500,
-					Failed:                  2,
-				},
 			},
 		},
 		"too many indexed finished": {
@@ -1506,18 +1568,13 @@ func TestTrackJobStatusAndRemoveFinalizers(t *testing.T) {
 				}
 				return pods
 			}(),
-			wantRmFinalizers: 501,
+			wantRmFinalizers: 500,
 			wantStatusUpdates: []batch.JobStatus{
 				{
 					UncountedTerminatedPods: &batch.UncountedTerminatedPods{},
 					CompletedIndexes:        "0-499",
 					Succeeded:               500,
 				},
-				{
-					CompletedIndexes:        "0-500",
-					UncountedTerminatedPods: &batch.UncountedTerminatedPods{},
-					Succeeded:               501,
-				},
 			},
 		},
 	}
@@ -1526,19 +1583,20 @@ func TestTrackJobStatusAndRemoveFinalizers(t *testing.T) {
 			clientSet := clientset.NewForConfigOrDie(&restclient.Config{Host: "", ContentConfig: restclient.ContentConfig{GroupVersion: &schema.GroupVersion{Group: "", Version: "v1"}}})
 			manager, _ := newControllerFromClient(clientSet, controller.NoResyncPeriodFunc)
 			fakePodControl := controller.FakePodControl{Err: tc.podControlErr}
+			metrics.JobPodsFinished.Reset()
 			manager.podControl = &fakePodControl
 			var statusUpdates []batch.JobStatus
 			manager.updateStatusHandler = func(job *batch.Job) (*batch.Job, error) {
 				statusUpdates = append(statusUpdates, *job.Status.DeepCopy())
 				return job, tc.statusUpdateErr
 			}
-
-			if tc.job.Status.UncountedTerminatedPods == nil {
-				tc.job.Status.UncountedTerminatedPods = &batch.UncountedTerminatedPods{}
+			job := tc.job.DeepCopy()
+			if job.Status.UncountedTerminatedPods == nil {
+				job.Status.UncountedTerminatedPods = &batch.UncountedTerminatedPods{}
 			}
-			uncounted := newUncountedTerminatedPods(*tc.job.Status.UncountedTerminatedPods)
-			succeededIndexes := succeededIndexesFromJob(&tc.job)
-			err := manager.trackJobStatusAndRemoveFinalizers(&tc.job, tc.pods, succeededIndexes, *uncounted, tc.finishedCond, tc.needsFlush)
+			uncounted := newUncountedTerminatedPods(*job.Status.UncountedTerminatedPods)
+			succeededIndexes := succeededIndexesFromJob(job)
+			err := manager.trackJobStatusAndRemoveFinalizers(job, tc.pods, succeededIndexes, *uncounted, tc.expectedRmFinalizers, tc.finishedCond, tc.needsFlush)
 			if !errors.Is(err, tc.wantErr) {
 				t.Errorf("Got error %v, want %v", err, tc.wantErr)
 			}
@@ -1549,6 +1607,25 @@ func TestTrackJobStatusAndRemoveFinalizers(t *testing.T) {
 			if rmFinalizers != tc.wantRmFinalizers {
 				t.Errorf("Removed %d finalizers, want %d", rmFinalizers, tc.wantRmFinalizers)
 			}
+			if tc.wantErr == nil {
+				completionMode := completionModeStr(job)
+				v, err := metricstestutil.GetCounterMetricValue(metrics.JobPodsFinished.WithLabelValues(completionMode, metrics.Succeeded))
+				if err != nil {
+					t.Fatalf("Obtaining succeeded job_pods_finished_total: %v", err)
+				}
+				newSucceeded := job.Status.Succeeded - tc.job.Status.Succeeded
+				if float64(newSucceeded) != v {
+					t.Errorf("Metric reports %.0f succeeded pods, want %d", v, newSucceeded)
+				}
+				v, err = metricstestutil.GetCounterMetricValue(metrics.JobPodsFinished.WithLabelValues(completionMode, metrics.Failed))
+				if err != nil {
+					t.Fatalf("Obtaining failed job_pods_finished_total: %v", err)
+				}
+				newFailed := job.Status.Failed - tc.job.Status.Failed
+				if float64(newFailed) != v {
+					t.Errorf("Metric reports %.0f failed pods, want %d", v, newFailed)
+				}
+			}
 		})
 	}
 }
@@ -2274,7 +2351,7 @@ func TestDeletePod(t *testing.T) {
 	informer.Core().V1().Pods().Informer().GetIndexer().Add(pod1)
 	informer.Core().V1().Pods().Informer().GetIndexer().Add(pod2)
 
-	jm.deletePod(pod1)
+	jm.deletePod(pod1, true)
 	if got, want := jm.queue.Len(), 1; got != want {
 		t.Fatalf("queue.Len() = %v, want %v", got, want)
 	}
@@ -2287,7 +2364,7 @@ func TestDeletePod(t *testing.T) {
 		t.Errorf("queue.Get() = %v, want %v", got, want)
 	}
 
-	jm.deletePod(pod2)
+	jm.deletePod(pod2, true)
 	if got, want := jm.queue.Len(), 1; got != want {
 		t.Fatalf("queue.Len() = %v, want %v", got, want)
 	}
@@ -2322,7 +2399,7 @@ func TestDeletePodOrphan(t *testing.T) {
 	pod1.OwnerReferences = nil
 	informer.Core().V1().Pods().Informer().GetIndexer().Add(pod1)
 
-	jm.deletePod(pod1)
+	jm.deletePod(pod1, true)
 	if got, want := jm.queue.Len(), 0; got != want {
 		t.Fatalf("queue.Len() = %v, want %v", got, want)
 	}
@@ -2966,6 +3043,105 @@ func TestEnsureJobConditions(t *testing.T) {
 	}
 }
 
+func TestFinalizersRemovedExpectations(t *testing.T) {
+	defer featuregatetesting.SetFeatureGateDuringTest(t, feature.DefaultFeatureGate, features.JobTrackingWithFinalizers, true)()
+	clientset := fake.NewSimpleClientset()
+	sharedInformers := informers.NewSharedInformerFactory(clientset, controller.NoResyncPeriodFunc())
+	manager := NewController(sharedInformers.Core().V1().Pods(), sharedInformers.Batch().V1().Jobs(), clientset)
+	manager.podStoreSynced = alwaysReady
+	manager.jobStoreSynced = alwaysReady
+	manager.podControl = &controller.FakePodControl{Err: errors.New("fake pod controller error")}
+	manager.updateStatusHandler = func(job *batch.Job) (*batch.Job, error) {
+		return job, nil
+	}
+
+	job := newJob(2, 2, 6, batch.NonIndexedCompletion)
+	job.Annotations = map[string]string{
+		batch.JobTrackingFinalizer: "",
+	}
+	sharedInformers.Batch().V1().Jobs().Informer().GetIndexer().Add(job)
+	pods := append(newPodList(2, v1.PodSucceeded, job), newPodList(2, v1.PodFailed, job)...)
+	podInformer := sharedInformers.Core().V1().Pods().Informer()
+	podIndexer := podInformer.GetIndexer()
+	uids := sets.NewString()
+	for i := range pods {
+		clientset.Tracker().Add(&pods[i])
+		podIndexer.Add(&pods[i])
+		uids.Insert(string(pods[i].UID))
+	}
+	jobKey := testutil.GetKey(job, t)
+
+	manager.syncJob(jobKey)
+	gotExpectedUIDs := manager.finalizerExpectations.getExpectedUIDs(jobKey)
+	if len(gotExpectedUIDs) != 0 {
+		t.Errorf("Got unwanted expectations for removed finalizers after first syncJob with client failures:\n%s", gotExpectedUIDs.List())
+	}
+
+	// Remove failures and re-sync.
+	manager.podControl.(*controller.FakePodControl).Err = nil
+	manager.syncJob(jobKey)
+	gotExpectedUIDs = manager.finalizerExpectations.getExpectedUIDs(jobKey)
+	if diff := cmp.Diff(uids, gotExpectedUIDs); diff != "" {
+		t.Errorf("Different expectations for removed finalizers after syncJob (-want,+got):\n%s", diff)
+	}
+
+	stopCh := make(chan struct{})
+	defer close(stopCh)
+	go sharedInformers.Core().V1().Pods().Informer().Run(stopCh)
+	cache.WaitForCacheSync(stopCh, podInformer.HasSynced)
+
+	// Make sure the first syncJob sets the expectations, even after the caches synced.
+	gotExpectedUIDs = manager.finalizerExpectations.getExpectedUIDs(jobKey)
+	if diff := cmp.Diff(uids, gotExpectedUIDs); diff != "" {
+		t.Errorf("Different expectations for removed finalizers after syncJob and cacheSync (-want,+got):\n%s", diff)
+	}
+
+	// Change pods in different ways.
+
+	podsResource := schema.GroupVersionResource{Version: "v1", Resource: "pods"}
+
+	update := pods[0].DeepCopy()
+	update.Finalizers = nil
+	update.ResourceVersion = "1"
+	err := clientset.Tracker().Update(podsResource, update, update.Namespace)
+	if err != nil {
+		t.Errorf("Removing finalizer: %v", err)
+	}
+
+	update = pods[1].DeepCopy()
+	update.Finalizers = nil
+	update.DeletionTimestamp = &metav1.Time{Time: time.Now()}
+	update.ResourceVersion = "1"
+	err = clientset.Tracker().Update(podsResource, update, update.Namespace)
+	if err != nil {
+		t.Errorf("Removing finalizer and setting deletion timestamp: %v", err)
+	}
+
+	// Preserve the finalizer.
+	update = pods[2].DeepCopy()
+	update.DeletionTimestamp = &metav1.Time{Time: time.Now()}
+	update.ResourceVersion = "1"
+	err = clientset.Tracker().Update(podsResource, update, update.Namespace)
+	if err != nil {
+		t.Errorf("Setting deletion timestamp: %v", err)
+	}
+
+	err = clientset.Tracker().Delete(podsResource, pods[3].Namespace, pods[3].Name)
+	if err != nil {
+		t.Errorf("Deleting pod that had finalizer: %v", err)
+	}
+
+	uids = sets.NewString(string(pods[2].UID))
+	var diff string
+	if err := wait.Poll(100*time.Millisecond, wait.ForeverTestTimeout, func() (bool, error) {
+		gotExpectedUIDs = manager.finalizerExpectations.getExpectedUIDs(jobKey)
+		diff = cmp.Diff(uids, gotExpectedUIDs)
+		return diff == "", nil
+	}); err != nil {
+		t.Errorf("Timeout waiting for expectations (-want, +got):\n%s", diff)
+	}
+}
+
 func checkJobCompletionEnvVariable(t *testing.T, spec *v1.PodSpec) {
 	t.Helper()
 	want := []v1.EnvVar{
diff --git a/pkg/controller/job/metrics/metrics.go b/pkg/controller/job/metrics/metrics.go
index b2517a09f42..b9271426661 100644
--- a/pkg/controller/job/metrics/metrics.go
+++ b/pkg/controller/job/metrics/metrics.go
@@ -68,10 +68,26 @@ var (
 		},
 		[]string{"completion_mode", "result"},
 	)
+
+	// JobPodsFinished records the number of finished Pods that the job controller
+	// finished tracking.
+	// It only applies to Jobs that were created while the feature gate
+	// JobTrackingWithFinalizers was enabled.
+	// Possible label values:
+	//   completion_mode: Indexed, NonIndexed
+	//   result:          failed, succeeded
+	JobPodsFinished = metrics.NewCounterVec(
+		&metrics.CounterOpts{
+			Subsystem: JobControllerSubsystem,
+			Name:      "job_pods_finished_total",
+			Help:      "The number of finished Pods that are fully tracked",
+		},
+		[]string{"completion_mode", "result"})
 )
 
-// Possible values for the "action" label in the above metrics.
 const (
+	// Possible values for the "action" label in the above metrics.
+
 	// JobSyncActionReconciling when the Job's pod creation/deletion expectations
 	// are unsatisfied and the controller is waiting for issued Pod
 	// creation/deletions to complete.
@@ -88,6 +104,11 @@ const (
 	// if a Job is suspended or if the number of active Pods is more than
 	// parallelism.
 	JobSyncActionPodsDeleted = "pods_deleted"
+
+	// Possible values for "result" label in the above metrics.
+
+	Succeeded = "succeeded"
+	Failed    = "failed"
 )
 
 var registerMetrics sync.Once
@@ -98,5 +119,6 @@ func Register() {
 		legacyregistry.MustRegister(JobSyncDurationSeconds)
 		legacyregistry.MustRegister(JobSyncNum)
 		legacyregistry.MustRegister(JobFinishedNum)
+		legacyregistry.MustRegister(JobPodsFinished)
 	})
 }
diff --git a/pkg/controller/job/tracking_utils.go b/pkg/controller/job/tracking_utils.go
new file mode 100644
index 00000000000..55996a2a2b8
--- /dev/null
+++ b/pkg/controller/job/tracking_utils.go
@@ -0,0 +1,117 @@
+/*
+Copyright 2020 The Kubernetes Authors.
+
+Licensed under the Apache License, Version 2.0 (the "License");
+you may not use this file except in compliance with the License.
+You may obtain a copy of the License at
+
+    http://www.apache.org/licenses/LICENSE-2.0
+
+Unless required by applicable law or agreed to in writing, software
+distributed under the License is distributed on an "AS IS" BASIS,
+WITHOUT WARRANTIES OR CONDITIONS OF ANY KIND, either express or implied.
+See the License for the specific language governing permissions and
+limitations under the License.
+*/
+
+package job
+
+import (
+	"fmt"
+	"sync"
+
+	"k8s.io/apimachinery/pkg/util/sets"
+	"k8s.io/client-go/tools/cache"
+	"k8s.io/klog/v2"
+)
+
+// uidSetKeyFunc to parse out the key from a uidSet.
+var uidSetKeyFunc = func(obj interface{}) (string, error) {
+	if u, ok := obj.(*uidSet); ok {
+		return u.key, nil
+	}
+	return "", fmt.Errorf("could not find key for obj %#v", obj)
+}
+
+// uidSet holds a key and a set of UIDs. Used by the
+// uidTrackingExpectations to remember which UID it has seen/still waiting for.
+type uidSet struct {
+	sync.RWMutex
+	set sets.String
+	key string
+}
+
+// uidTrackingExpectations tracks the UIDs of Pods the controller is waiting to
+// observe tracking finalizer deletions.
+type uidTrackingExpectations struct {
+	store cache.Store
+}
+
+// GetUIDs is a convenience method to avoid exposing the set of expected uids.
+// The returned set is not thread safe, all modifications must be made holding
+// the uidStoreLock.
+func (u *uidTrackingExpectations) getSet(controllerKey string) *uidSet {
+	if obj, exists, err := u.store.GetByKey(controllerKey); err == nil && exists {
+		return obj.(*uidSet)
+	}
+	return nil
+}
+
+func (u *uidTrackingExpectations) getExpectedUIDs(controllerKey string) sets.String {
+	uids := u.getSet(controllerKey)
+	if uids == nil {
+		return nil
+	}
+	uids.RLock()
+	set := sets.NewString(uids.set.UnsortedList()...)
+	uids.RUnlock()
+	return set
+}
+
+// ExpectDeletions records expectations for the given deleteKeys, against the
+// given job-key.
+// This is thread-safe across different job keys.
+func (u *uidTrackingExpectations) expectFinalizersRemoved(jobKey string, deletedKeys []string) error {
+	klog.V(4).InfoS("Expecting tracking finalizers removed", "job", jobKey, "podUIDs", deletedKeys)
+
+	uids := u.getSet(jobKey)
+	if uids == nil {
+		uids = &uidSet{
+			key: jobKey,
+			set: sets.NewString(),
+		}
+		if err := u.store.Add(uids); err != nil {
+			return err
+		}
+	}
+	uids.Lock()
+	uids.set.Insert(deletedKeys...)
+	uids.Unlock()
+	return nil
+}
+
+// FinalizerRemovalObserved records the given deleteKey as a deletion, for the given job.
+func (u *uidTrackingExpectations) finalizerRemovalObserved(jobKey, deleteKey string) {
+	uids := u.getSet(jobKey)
+	if uids != nil {
+		uids.Lock()
+		if uids.set.Has(deleteKey) {
+			klog.V(4).InfoS("Observed tracking finalizer removed", "job", jobKey, "podUID", deleteKey)
+			uids.set.Delete(deleteKey)
+		}
+		uids.Unlock()
+	}
+}
+
+// DeleteExpectations deletes the UID set.
+func (u *uidTrackingExpectations) deleteExpectations(jobKey string) {
+	if err := u.store.Delete(jobKey); err != nil {
+		klog.ErrorS(err, "deleting tracking annotation UID expectations", "job", jobKey)
+	}
+}
+
+// NewUIDTrackingControllerExpectations returns a wrapper around
+// ControllerExpectations that is aware of deleteKeys.
+func newUIDTrackingExpectations() *uidTrackingExpectations {
+	return &uidTrackingExpectations{store: cache.NewStore(uidSetKeyFunc)}
+}
diff --git a/pkg/controller/job/tracking_utils_test.go b/pkg/controller/job/tracking_utils_test.go
new file mode 100644
index 00000000000..1fc595271d0
--- /dev/null
+++ b/pkg/controller/job/tracking_utils_test.go
@@ -0,0 +1,111 @@
+/*
+Copyright 2020 The Kubernetes Authors.
+
+Licensed under the Apache License, Version 2.0 (the "License");
+you may not use this file except in compliance with the License.
+You may obtain a copy of the License at
+
+    http://www.apache.org/licenses/LICENSE-2.0
+
+Unless required by applicable law or agreed to in writing, software
+distributed under the License is distributed on an "AS IS" BASIS,
+WITHOUT WARRANTIES OR CONDITIONS OF ANY KIND, either express or implied.
+See the License for the specific language governing permissions and
+limitations under the License.
+*/
+
+package job
+
+import (
+	"sync"
+	"testing"
+
+	"github.com/google/go-cmp/cmp"
+)
+
+func TestUIDTrackingExpectations(t *testing.T) {
+	tracks := []struct {
+		job         string
+		firstRound  []string
+		secondRound []string
+	}{
+		{
+			job:         "foo",
+			firstRound:  []string{"a", "b", "c", "d"},
+			secondRound: []string{"e", "f"},
+		},
+		{
+			job:         "bar",
+			firstRound:  []string{"x", "y", "z"},
+			secondRound: []string{"u", "v", "w"},
+		},
+		{
+			job:         "baz",
+			firstRound:  []string{"w"},
+			secondRound: []string{"a"},
+		},
+	}
+	expectations := newUIDTrackingExpectations()
+
+	// Insert first round of keys in parallel.
+
+	var wg sync.WaitGroup
+	wg.Add(len(tracks))
+	errs := make([]error, len(tracks))
+	for i := range tracks {
+		track := tracks[i]
+		go func(errID int) {
+			errs[errID] = expectations.expectFinalizersRemoved(track.job, track.firstRound)
+			wg.Done()
+		}(i)
+	}
+	wg.Wait()
+	for i, err := range errs {
+		if err != nil {
+			t.Errorf("Failed adding first round of UIDs for job %s: %v", tracks[i].job, err)
+		}
+	}
+
+	for _, track := range tracks {
+		uids := expectations.getSet(track.job)
+		if uids == nil {
+			t.Errorf("Set of UIDs is empty for job %s", track.job)
+		} else if diff := cmp.Diff(track.firstRound, uids.set.List()); diff != "" {
+			t.Errorf("Unexpected keys for job %s (-want,+got):\n%s", track.job, diff)
+		}
+	}
+
+	// Delete the first round of keys and add the second round in parallel.
+
+	for i, track := range tracks {
+		wg.Add(len(track.firstRound) + 1)
+		track := track
+		for _, uid := range track.firstRound {
+			uid := uid
+			go func() {
+				expectations.finalizerRemovalObserved(track.job, uid)
+				wg.Done()
+			}()
+		}
+		go func(errID int) {
+			errs[errID] = expectations.expectFinalizersRemoved(track.job, track.secondRound)
+			wg.Done()
+		}(i)
+	}
+	wg.Wait()
+
+	for i, err := range errs {
+		if err != nil {
+			t.Errorf("Failed adding second round of UIDs for job %s: %v", tracks[i].job, err)
+		}
+	}
+
+	for _, track := range tracks {
+		uids := expectations.getSet(track.job)
+		if uids == nil {
+			t.Errorf("Set of UIDs is empty for job %s", track.job)
+		} else if diff := cmp.Diff(track.secondRound, uids.set.List()); diff != "" {
+			t.Errorf("Unexpected keys for job %s (-want,+got):\n%s", track.job, diff)
+		}
+	}
+}
diff --git a/test/integration/job/job_test.go b/test/integration/job/job_test.go
index 4cddc6c7669..0a599fb4043 100644
--- a/test/integration/job/job_test.go
+++ b/test/integration/job/job_test.go
@@ -21,6 +21,7 @@ import (
 	"errors"
 	"fmt"
 	"strconv"
+	"sync"
 	"testing"
 	"time"
 
@@ -220,6 +221,10 @@ func TestParallelJobParallelism(t *testing.T) {
 }
 
 func TestParallelJobWithCompletions(t *testing.T) {
+	// Lower limits for a job sync so that we can test partial updates with a low
+	// number of pods.
+	t.Cleanup(setDuringTest(&jobcontroller.MaxUncountedPods, 10))
+	t.Cleanup(setDuringTest(&jobcontroller.MaxPodCreateDeletePerSync, 10))
 	for _, wFinalizers := range []bool{false, true} {
 		t.Run(fmt.Sprintf("finalizers=%t", wFinalizers), func(t *testing.T) {
 			defer featuregatetesting.SetFeatureGateDuringTest(t, feature.DefaultFeatureGate, features.JobTrackingWithFinalizers, wFinalizers)()
@@ -230,8 +235,8 @@ func TestParallelJobWithCompletions(t *testing.T) {
 
 			jobObj, err := createJobWithDefaults(ctx, clientSet, ns.Name, &batchv1.Job{
 				Spec: batchv1.JobSpec{
-					Parallelism: pointer.Int32Ptr(4),
-					Completions: pointer.Int32Ptr(6),
+					Parallelism: pointer.Int32Ptr(54),
+					Completions: pointer.Int32Ptr(56),
 				},
 			})
 			if err != nil {
@@ -241,23 +246,23 @@ func TestParallelJobWithCompletions(t *testing.T) {
 				t.Errorf("apiserver created job with tracking annotation: %t, want %t", got, wFinalizers)
 			}
 			validateJobPodsStatus(ctx, t, clientSet, jobObj, podsByStatus{
-				Active: 4,
+				Active: 54,
 			}, wFinalizers)
 			// Failed Pods are replaced.
 			if err := setJobPodsPhase(ctx, clientSet, jobObj, v1.PodFailed, 2); err != nil {
 				t.Fatalf("Failed setting phase %s on Job Pods: %v", v1.PodFailed, err)
 			}
 			validateJobPodsStatus(ctx, t, clientSet, jobObj, podsByStatus{
-				Active: 4,
+				Active: 54,
 				Failed: 2,
 			}, wFinalizers)
 			// Pods are created until the number of succeeded Pods equals completions.
-			if err := setJobPodsPhase(ctx, clientSet, jobObj, v1.PodSucceeded, 3); err != nil {
+			if err := setJobPodsPhase(ctx, clientSet, jobObj, v1.PodSucceeded, 53); err != nil {
 				t.Fatalf("Failed setting phase %s on Job Pod: %v", v1.PodSucceeded, err)
 			}
 			validateJobPodsStatus(ctx, t, clientSet, jobObj, podsByStatus{
 				Failed:    2,
-				Succeeded: 3,
+				Succeeded: 53,
 				Active:    3,
 			}, wFinalizers)
 			// No more Pods are created after the Job completes.
@@ -267,7 +272,7 @@ func TestParallelJobWithCompletions(t *testing.T) {
 			validateJobSucceeded(ctx, t, clientSet, jobObj)
 			validateJobPodsStatus(ctx, t, clientSet, jobObj, podsByStatus{
 				Failed:    2,
-				Succeeded: 6,
+				Succeeded: 56,
 			}, false)
 			validateFinishedPodsNoFinalizer(ctx, t, clientSet, jobObj)
 		})
@@ -781,22 +786,44 @@ func setJobPodsPhase(ctx context.Context, clientSet clientset.Interface, jobObj
 	if err != nil {
 		return fmt.Errorf("listing Job Pods: %w", err)
 	}
+	updates := make([]v1.Pod, 0, cnt)
 	for _, pod := range pods.Items {
-		if cnt == 0 {
+		if len(updates) == cnt {
 			break
 		}
 		if p := pod.Status.Phase; isPodOwnedByJob(&pod, jobObj) && p != v1.PodFailed && p != v1.PodSucceeded {
 			pod.Status.Phase = phase
-			_, err := clientSet.CoreV1().Pods(pod.Namespace).UpdateStatus(ctx, &pod, metav1.UpdateOptions{})
-			if err != nil {
-				return fmt.Errorf("updating Pod status: %w", err)
-			}
-			cnt--
+			updates = append(updates, pod)
 		}
 	}
-	if cnt != 0 {
+	if len(updates) != cnt {
 		return fmt.Errorf("couldn't set phase on %d Job Pods", cnt)
 	}
+	return updatePodStatuses(ctx, clientSet, updates)
+}
+
+func updatePodStatuses(ctx context.Context, clientSet clientset.Interface, updates []v1.Pod) error {
+	wg := sync.WaitGroup{}
+	wg.Add(len(updates))
+	errCh := make(chan error, len(updates))
+
+	for _, pod := range updates {
+		pod := pod
+		go func() {
+			_, err := clientSet.CoreV1().Pods(pod.Namespace).UpdateStatus(ctx, &pod, metav1.UpdateOptions{})
+			if err != nil {
+				errCh <- err
+			}
+			wg.Done()
+		}()
+	}
+	wg.Wait()
+
+	select {
+	case err := <-errCh:
+		return fmt.Errorf("updating Pod status: %w", err)
+	default:
+	}
 	return nil
 }
 
@@ -860,7 +887,11 @@ func setup(t *testing.T, nsBaseName string) (framework.CloseFunc, *restclient.Co
 	controlPlaneConfig := framework.NewIntegrationTestControlPlaneConfig()
 	_, server, apiServerCloseFn := framework.RunAnAPIServer(controlPlaneConfig)
 
-	config := restclient.Config{Host: server.URL}
+	config := restclient.Config{
+		Host:  server.URL,
+		QPS:   200.0,
+		Burst: 200,
+	}
 	clientSet, err := clientset.NewForConfig(&config)
 	if err != nil {
 		t.Fatalf("Error creating clientset: %v", err)
@@ -899,3 +930,11 @@ func hasJobTrackingAnnotation(job *batchv1.Job) bool {
 	_, ok := job.Annotations[batchv1.JobTrackingFinalizer]
 	return ok
 }
+
+func setDuringTest(val *int, newVal int) func() {
+	origVal := *val
+	*val = newVal
+	return func() {
+		*val = origVal
+	}
+}