Ira Kaviti

• Responsible for development and execution of the airline’s financial strategy as part of the overall strategy and ensuring that the finance function works in partnership with the business to deliver key strategic objectives. Revenue growth of 51%, 49% and 21% in Yrs 1,2 and 3.
• Negotiated favorable aircraft lease terms leading to cost savings of USD 3.6 M annually.
• Responsible for the overall direction, control and planning for the finance, accounting, tax, audit, budget, and treasury functions
• Managing the overall financial planning of the organization with direct responsibility for accounting practices, the maintenance of fiscal records and the preparation of financial reports
• Maintains a high level of efficiency in all areas of operation and an environment of strict cost control providing the basis for organic growth and diversification
• Provides budgeting guidance to business leaders and ensures that the budgeting process meets the overall business plan and strategy
• In the interim leads the creation of a risk management framework and the establishment of a risk management function
• Prepared accurate financial statements at end of quarter to summarize financial health and business performance.
• Managed risk effectively through comprehensive insurance coverage review and implementation of robust internal controls.
• Established strong relationships with external stakeholders, including investors, analysts, and regulatory agencies to promote transparency and build trust in the Company's financial management.
• Developed strategic financial plans to support company growth and achieve long-term objectives.
• Advised Board of Directors on strategic financial matters, providing insightful recommendations backed by thorough analysis.

• Reporting to the Board Audit Committee and responsible for provision of assurance on the effectiveness of risk management, controls and governance
• Focused on improving the value creation process and the valuation multiples of portfolio companies and ensuring readiness for any potential due diligence for would be buyers
• Responsible for strategic direction of the Group Internal Audit function to support a private equity set up
• Set up the department, prepared the Group Internal Audit charter, drafted the internal audit policies and procedures manual, procured a system for the function and created an audit quality assurance process

• Company Overview: East Africa Region and Malawi
• Reporting to the Board Audit and Risk Committee with dotted lines to multiple CEOs and group governance committees, over a period of 9 years led a highly impactful team that catalyzed business transformation through business processes and systems improvement, improved risk management
• Led the team in evaluation the effectiveness of risk management, controls and governance
• Created a strong culture of performance management, accountability, risk management and ethics
• Set up the East Africa GIAS function
• East Africa Region and Malawi
• Self-motivated, with a strong sense of personal responsibility.
• Skilled at working independently and collaboratively in a team environment.

• Managed a team of auditors, ensuring accurate and timely completion of audit projects. Cleared the investment audits back log from 5 year delay to being current at the time I left
• Cultivated strong client relationships by maintaining clear communication and swiftly resolving issues.

• Significantly cut down on cost by proposing, defending and finally getting approved amendments to the Bermuda insurance regulations on beneficial ownership transfer for insurance companies.
• Reduced average approval duration for share transfers from 25 days to 3 days.

Optimized investment income from bank accounts while also minimizing overnight interest payments for 52 counterparty accounts held with a large number of US, Bermuda and UK banks.

Ensured that the Company was well funded to cater for withdrawals while ensuring that excess cash was invested

• Excelled in turning around audit reports covering hedge funds, private equity funds and venture capital funds.
• Supported the tax departments during audit off pick season and helped achieve faster client tax filings.

• Company Overview: Nairobi
• Nairobi