Kaveer Muggan

Managed daily financial operations and consolidated financial reporting for 9 subsidiaries. Identified and implemented cost-saving initiatives through data analytics, significantly decreasing third-party costs and increasing gross margin. Led statutory reporting, budgeting, and cash flow forecasting while optimizing processes to reduce monthly reporting deadlines by 7 working days.

Owned the entire finance function, including equity management, management accounts, and annual reporting. Successfully implemented a new subscription billing platform from feasibility study to deployment, and identified areas for cost optimization by creating a new expense policy and implementing a spend management platform. Played a key role in deal structuring with VC firms and preparing the co

Provided senior management with critical financial analysis and insights for strategic decision-making, evaluating new projects through detailed financial modeling. Identified areas for cost reduction, operational improvements, and revenue leakage, significantly increasing headline earnings and shareholder wealth. Nominated for the Mark of Excellence award in 2018 and 2019.

Managed credit risk finance portfolios, focusing on impairment provisioning using IAS39 and IFRS9 models, and analyzed credit performance and forward-looking projections. Implemented the new IFRS9 provisioning framework and developed the first Debt Review fair value adjustment model. Optimized profitability by correcting areas of revenue leakage.

Managed credit risk finance portfolios, including credit impairment provisioning and analysis of credit performance and off-balance sheet provisioning. Redesigned aspects of the impairment dashboard for increased efficiency and built a new budgeting model. Provided management reporting on provision shifts and impairment results.

Assisted in implementing audit turnaround strategies for Local Municipalities and Government Departments, and produced timely financial reports with in-depth analysis. Performed quality assurance audits, evaluating previous budgets and expenditures to develop future budgets. Assisted in the preparation of Annual Financial Statements.

Acquired strong financial skills focusing on financial strategy, management of risk and performance, quality technical skills. Developed deep commercial acumen and understanding of organizations, with the ability to influence and lead people.

Acquired strong financial skills focusing on financial strategy, management of risk and performance, quality technical skills. Developed deep commercial acumen and understanding of organizations, with the ability to influence and lead people.