Swati Chandanapurkar

Reporting to CFO

Promoted to Finance Manager in May 2025 for additional responsibility of handling Plant accounts

Period :July 2024 to date:

• Preparation and monitoring of product costing of Agro-chemical products in close coordination with plant technical team and capex evaluation.
• Preparation of monthly forecast, Budgets and Long-range Plans for the business. Worked closely with CEO, CFO, Production, Sales and Strategy teams to deliver a holistic budget covering- product costs, Working capital, capex, R&D, fixed costs etc. with a topline of Rs.400 crore.
• Supervising plant accounts and monthly closing of plant books and attending the monthly finance review with the CFO.
• Currently lead a team of 2 direct Reports at Plant and 1 at Head office. Skip level 2 members with 2 CA trainees and 2 Cost trainees.

Period : September 2023 – June 2024

• Successfully led and delivered timely and accurate Quarterly/Annual Financial Statements of Astec Lifesciences Ltd. (listed subsidiary) along with the team for two financial years including the SEBI results & XBRL.
• Work closely with senior leadership team and ensure all the financial information and presentations of the company for monthly meetings, board reviews, investor calls etc.
• Lead the team to close month end books by 3rd of every month (head office) ensuring hygiene, accuracy and timelines.
• Monitor credit control, ensure insurance coverage, support in assessing IND AS impact of any new type of transaction like lease, borrowing costs, R&D expense etc.
• PROJECT: Working closely with Plant teams to monitor and reduce Production variable costs for FY26 by Rs.5 crore.

• Collaborate with regional teams & plants to ensure smooth one-day-monthly closing and for the quarterly/annual closing for Crop Protection (CPB) & Animal Feed business (AF).
• Close monitoring of Debtors and Inventory for Crop Protection business. Track debtors and inventory ageing, flag overdue debtors, non-moving/slow-moving inventory, ensuring correct provisioning for returns and doubtful debts, NRV working, ECL calculations etc.
• Lead the annual exercise of reviewing and proposing to Internal Audit the write in/off of debtors, vendors, inventory, fixed assets, deposits and employee balances after approval from business.
• Act as the Finance business partner to multiple teams and provide them with timely and valuable financial insight through various MIS, dash boards etc.
• Assist in the planning, development, and execution of Annual Operating Plan (AOP) and Long-Range Plan (LRP) by analyzing financial information and work with the business partners to ensure alignment with strategic goals and objectives.
• Collaborate extensively with external auditors for limited reviews, Statutory audit & Cost Audit.

PROJECTS:

• Automation: Led the project to implement the New Contribution Reporting system for Crop protection business. Achieved 2% reduction in variable costs by robust monitoring of Sales variable expenses, especially in the nature of schemes and discounts.
• Participated as a core team member for Key milestones of the company such as Due diligence, IPO & transition to GST.