Paras Chheda

About Paras Chheda

Experienced professional in HR reporting and analytics, payroll management, and finance (employee expenses). I am adept at leveraging data to drive strategic decision-making and ensure compliance with industry regulations. With my strong leadership skills and attention to detail, I can effectively manage teams and deliver results in a fast-paced and dynamic environment.Human Resources ManagementManaged the forecasting and budgeting process, developed a manpower planning model, conducted salary and benefits analysis, collaborated on HR dashboards, presented executive-level reports, analyzed employee data, managed compensation reviews and appraisals, conducted HR analysis, ensured compliance, mentored interns, and developed communication strategies.Payroll and Finance Management Oversaw payroll for 6500+ employees, ensured accurate processing, collaborated on employee data maintenance, stayed updated on payroll laws, developed policies and procedures, led a payroll team, conducted audits, resolved inquiries, prepared and distributed reports, and participated in system upgrades.MIS Reporting and Financial Analysis Partnered with the Sales Team on forecasting, created and maintained reports, prepared ledger reports, formulated price reconciliation statements, calculated sales commission, managed sales data, handled registration and invoicing, and generated reports as needed.Finance and Auditing Collaborated with auditors, conducted monthly closing activities, provided MIS reports and analysis, forecasted employee expenses and cash flow, managed routine work and employee queries, communicated with the technical team, conducted user acceptance testing, managed, and led a team, and handled ad-hoc requests.

Experience

1. Senior Manager

   Marsh Risk

   Nov 2023 — Present · Mumbai, IN

   Managed the forecasting and budgeting process for the HR department, working closely with finance and HR leadership to develop accurate forecasts and budgets.• Led the development and implementation of a comprehensive manpower planning and forecasting model, resulting in optimized workforce allocation and improved cost efficiency.• Conducted in-depth salary and benefits cost analysis, identifying trends and patterns to support competitive compensation strategies and ensure fair pay practices.• Collaborated with HR team to design and develop HR dashboards, providing real-time visibility into key HR metrics and enabling data-driven decision-making. • Created and presented executive-level reports and presentations on HR metrics and insights, enabling data- driven decision-making.• Created customized HR reports and visualizations to track and analyze data related to workforce demographics, turnover rates, and other HR metrics. • Gathered, analyzed, and interpreted employee data to identify trends and patterns.• Managed the TCR (Total Compensation Review) and annual appraisal process, ensuring accurate evaluation of employee performance and alignment with company goals.• Conducted ad hoc HR analysis to support various business initiatives, such as talent acquisition, employee engagement, and diversity and inclusion programs.• Ensured compliance with Brokers Qualified Person (BQP) guidelines by conducting regular audits and implementing corrective actions.• Developed and executed effective communication strategies for new joiners and exit processes, ensuring a positive employee experience throughout the employee lifecycle.

Education

• N. L. Dalmia Institute of Management Studies and Research

  MFM, Accounting and Finance

  2018 — 2021