Walid Algzirye

· Collaborate with the CEO and executive team to shape and challenge organizational strategies, ensuring alignment with financial goals and market conditions.

· Identify, assess, and mitigate financial and operational risks to safeguard the organization's assets and reputation.

· Driving performance towards business goals.

· Streamline processes across departments to improve productivity and reduce costs, contributing to overall organizational efficiency.

· Developing and justifying vertical-specific budget.

· Evaluate and execute strategic transactions to drive growth and enhance the company's market position.

· Monitoring market and industry trends to determine business opportunities and challenges.

· Develop and maintain relationships with customers, vendors, and partners.

· Enforcing business policies, procedures, and processes.

· Delegating roles and responsibilities to teams.

Evaluate and improve operations and financial performance.

· Direct the employee assessment process.

· Resolving internal and external conflicts through mediation

· Provide solutions to issues (e.g. profit decline, employee conflicts, loss of business to competitors).

· Analyzing data and performance metrics to make informed decisions.

· Lead the adoption of digital technologies, including artificial intelligence, to enhance financial processes, data analytics, and decision-making capabilities.

• Accomplished CFO with over three years of experience enhancing financial performance across the tourism, aviation, car rental, events, and technology sectors.
• Conducted regular reviews of internal controls; identified any weaknesses or gaps in existing processes.
• Negotiated and managed contractual agreements to secure ideal terms and drive effective financial engagements.
• Expert in scaling multinational operations, optimizing revenue streams, and implementing tech-driven solutions.
• Strategic Vision: Analyze market trends, assess risks and opportunities, and translate them into financial strategies that drive the company's growth.
• Budgeting & Forecasting: Master budgetary planning, cash flow management, and financial forecasting to ensure financial stability.
• Performance Analysis: A deep dive into financial data, KPIs, and business metrics to identify areas for improvement, optimize pricing strategies, and boost profitability.
• Distribution Channels: Stay updated on evolving booking platforms, online travel agencies (OTAs), and emerging trends in travel distribution to maximize reach and customer acquisition.
• Vendor Partnerships: Negotiate win-win deals with airlines, hotels, tour operators, and other travel service providers to secure competitive rates, and access exclusive travel inventory.
• Financial Risk Management: Understand unique financial risks in the travel industry, such as seasonality, currency fluctuations, and market volatility, and implement risk mitigation strategies.
• Communication & Collaboration: Foster effective communication across departments, from marketing and sales to operations and customer service, ensuring financial goals align with the overall travel agency vision.
• Mentorship and Training: Guide and motivate accounting and finance teams, nurture talent, and ensure compliance with financial regulations and reporting standards.
• Leverage data analytics tools to identify customer segments, track booking trends, and optimize pricing strategies for targeted travel packages.
• Understand and implement cybersecurity best practices to protect sensitive financial data and customer information.
• Achieved cost-savings by developing functional solutions to problems.
• Demonstrated strong problem-solving skills, resolving issues efficiently and effectively.
• Planned capital expenditure budgets for approval by executive management team.
• Provided strategic and financial growth advice to other company executives.
• Managed cash flow forecasting process in order to optimize liquidity position.
• Created and implemented best practices to standardize internal processes and procedures.

• Analyzed operational processes and implemented continuous improvement initiatives to promote profitability and efficiency.
• Signed and approved budgets for new funding and program initiatives.
• Modified a comprehensive financial reporting package to reflect growing organizational complexity, and managed financial reporting processes to validate that internal and external financial results align with IFRS.
• Negotiated contracts with vendors, suppliers, customers, ensuring best value for company resources.
• Provided strategic and financial growth advice to other company executives.
• Strategized and implemented plans to transform and revitalize operations, capitalizing on emerging industry trends.
• Developed and implemented financial strategies to increase efficiency and reduce costs.
• Developed plans to standardize and facilitate organizational asset management.
• Monitored cash flows and identified areas of risk or opportunity.
• Developed long-range plans for business growth, resulting in increase in annual sales.
• Analyzed financial data to identify trends and recommend solutions for improvement.
• Directed treasury operations including cash management functions; monitored foreign exchange exposure risks.
• Assessed current accounting processes and procedures; developed new policies as needed.
• Managed company-wide budgets, payroll, accounting and other financial operations.
• Collaborated with business unit managers to prepare annual financial reports, tax returns and pension plan financial statements.
• Made proactive adjustments to fiscal policies according to available company resources and desired outcomes.
• Restructured outstanding debt resulting in reduction in annual interest expenses.
• Improved profitability by accurately maintaining P&L to meet prime fiscal responsibility.
• Worked closely with operations teams to ensure accurate cost accounting practices are followed.
• Developed corporate risk management programs by establishing strict documentation and financial guidelines and spearheading risk management committee.
• Fostered collaboration and development of new practices by business leaders.
• Managed the preparation of external audit reports in accordance with Generally Accepted Accounting Principles.
• Represented organization at investor meetings; communicated corporate vision and strategy effectively.
• Managed inventory and supplies to ensure materials were available when needed.
• Achieved cost-savings by developing functional solutions to problems.

• Prepare and analyze F&B costs monthly and recommend alternatives to improve costs
• Prepare F&B reports as requested by management
• Providing financial advice and support to clients and colleagues to enable them to make sound business decisions
• Duties and responsibilities Providing and interpreting financial information
• Monitoring and interpreting cash flows and predicting future trends
• Formulating strategic and long-term business plans
• Developing financial management mechanisms that minimize financial risk
• Supervising staff
• Keeping abreast of changes in financial regulations and legislation
• Develop and manage profit forecasting tools for complex agreements including equipment/multi-year amortization, intercompany transactions, phased rollouts, etc
• Provide financial leadership to sales in support of annual operating plan lead processes for budgeting, forecasting and accruals
• Anticipate and analyze trends not consistent with plan, recommending action as needed
• Made dramatic changes to year-end accrual process by increasing cross-functional interaction, setting goals, and scorecarding results to encourage accountability
• Coordinating and leading the annual audit process including liaising with external auditors and the Finance
• Managing organizational cash flow and forecasting and oversight of all bank accounts and investment vehicles to maintain adequate working capital and return

• Forecasting monthly, quarterly, and annual results.
• Conducting risk management.
• Coordinating and leading the annual audit process, including liaising with external auditors and the Finance.
• Overseeing and leading the annual budgeting and planning process in conjunction with the Senior Leadership Team.
• Managing organizational cash flow, forecasting, and oversight of all bank accounts and investment vehicles to maintain adequate working capital and return.
• Developing and implementing strategies, and enforcing department accountabilities around recruitment and staffing, employment processing, compensation, health benefits, training and development, records management, employee relations and retention, and labor relations.
• Recommending changes, and supporting the work.
• Supporting management and employees by providing talent management advice, counseling, and decisions.
• Analyzing organizational needs, and recommending technical solutions.
• Built financial models to allocate resources, forecast cash and investment needs and make capital budgeting decisions.
• Developed or analyzed information to assess current or future financial status of firms.
• Coordinated with HR on payroll management and benefit fund allocations, ensuring accuracy and compliance.
• Supervised accounts payable and receivable operations, improving cash flow management and reducing outstanding debts.
• Developed and maintained strong banking relationships, securing favorable terms for credit facilities and other financial services.
• Conducted reviews and evaluations for cost-reduction opportunities.
• Conducted in-depth financial analysis to identify trends, risks, and opportunities for growth and improvement.
• Completed month-end and year-end closings, kept records audit-ready and monitored timely recording of accounting transactions.
• Identified potential areas for cost savings through process improvement initiatives.
• Instituted financial policies and procedures that enhanced accuracy, efficiency, and compliance across the organization.
• Reviewed contracts and agreements to ensure they are financially viable prior to signing off on them.
• Planned and coordinated risk mitigation strategies to protect company assets.
• Prepared monthly management accounts with variance analysis for budgeting purposes.
• Demonstrated strong problem-solving skills, resolving issues efficiently and effectively.

• Completing risk analyses.
• Designing financial strategies.
• Market research.
• Market analysis.
• Monitor accounts.
• Identify new opportunities.
• Coordinating and leading the annual audit process, including liaising with external auditors and the Finance.
• Use spreadsheets and market research to back up financial advice.
• Review accounts to determine if life changes necessitate new financial strategies.
• Oversee the investments and make changes as necessary in order to help the individual or company gain even more money.
• Conduct negotiations with product suppliers to reach a favorable price bargain.
• Proffer recommendations on cash management, investment choices, and insurance coverage.
• Provided ongoing financial advice and adjustments in response to life changes, market fluctuations, and economic trends.
• Facilitated client meetings with comprehensive investment strategy planning.
• Grew assets under management through referrals and new business opportunities.
• Asked appropriate questions and conducted in-depth research to gain valuable and thorough understanding of every client's financial situation and future needs.
• Profiled and analyzed investment products to devise financial strategies, meeting client financial needs and forecasting opportunities with highest return on investments.
• Developed customized financial strategies for clients, aligning with their long-term goals and risk tolerance.
• Devised business plan and identified target customers.
• Stayed abreast of financial market trends, regulatory changes, and new investment products and strategies.
• Developed and deepened relationships with new and existing clients to advance progress and improve business.
• Utilized financial planning software to create projections, scenarios, and plans tailored to individual client needs.

• Audit Services, creating value that makes a real difference to a client's business, is intrinsic.
• Quality audits that bring unexpected and far-reaching benefits do not come from an unthinking compliance mindset, but from a knowledgeable, questioning, imaginative, and insightful approach.
• Financial Accounting, for all organizations that need high-quality accounting advice, provides financial accounting and accounting technical advice, support tools, guidance, and training, which will help to improve the quality of your financial reporting.
• Taxation, preparation of tax returns for individuals, firms, NRIs, foreign nationals, companies, etc., representing clients, and appearing before various authorities.
• Tax Planning Services - Personal and Corporate.
• Consultancy Services.
• Advised clients on tax planning strategies that minimize their tax liabilities while complying with applicable laws and regulations.
• Developed and documented business processes and accounting policies to maintain and strengthen internal controls.
• Planned and deployed audits while organizing initiatives to gain control and financial records.
• Oversaw full accounting cycle and prepared applicable financial statements.
• Designed internal control policies to improve audit scores.
• Mitigated annual audit risks and developed final certification reports for small businesses.
• Conducted reviews of current processes to ensure compliance with Generally Accepted Accounting Principles.
• Reduced audit fees by bringing audit processes in-house.