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Ahmed Abdelwahab, Group Accounting Manager

Ahmed Abdelwahab

Group Accounting Manager·Lootah Group - Holding & Subsidiaries

United Arab Emirates

Bachelor's degree, Accounting And Audit

Work experience

Total years of experience: 10 years, 9 months

Group Accounting Manager

March 2026 - Present

Lootah Group - Holding & Subsidiaries

Dubai, United Arab Emirates

March 2026 - Present

• Oversee AED 200M in annual group revenue across 4 subsidiaries (real estate, contracting, MEP, trading & consulting), ensuring
full financial accuracy and compliance
• Recovered dormant receivables worth AED millions and grew collection rate from 20% to 85% through structured follow-up
strategies, escalation protocols, and policy overhaul
• Reduced DSO by 30%, improving cash flow efficiency and freeing working capital across all group entities
• Led AED 500K dual ERP go-live (NetSuite & Oracle) across 4 entities in 6 months — on time and within budget — enhancing
automation and financial reporting accuracy
• Produce monthly, quarterly, and annual consolidated financial statements, variance analyses, and KPI dashboards for C-suite and
board-level reporting
• Manage and mentor a team of 6 accountants across 4 entities, setting KPIs, allocating responsibilities, and driving performance
and professional development
• Oversee treasury operations across 10+ UAE banks — managing daily cash positions, liquidity planning, and working capital to
ensure optimal financial health
• Coordinate with external auditors, tax consultants, and regulatory authorities ensuring full UAE VAT and IFRS compliance across
all group entities

Company industry:
Real Estate
Job role:
Accounting and Auditing

Group Chief Accountant

September 2025 - February 2026

Lootah Group - Holding & Subsidiaries

Dubai, United Arab Emirates

September 2025 - February 2026

• Led full group consolidation for 4 entities — intercompany reconciliations, eliminations, and month-end/year-end close delivered
consistently within deadline
• Implemented automated reconciliation workflows reducing month-end close time by 25% and significantly improving reporting
accuracy across the group
• Delivered consolidated financial statements, group budgets, and board-level performance reports that directly supported AED
200M revenue oversight
• Monitored cash flow and working capital requirements across 10+ UAE banking relationships, ensuring liquidity and financial
stability at all times
• Provided high-impact financial analysis, executive dashboards, and strategic insights to C-suite and stakeholders supporting key
business decisions
• Ensured full compliance with IFRS, UAE VAT regulations, and GCC financial requirements across all entities and subsidiaries

Company industry:
Real Estate
Job role:
Accounting and Auditing

Chief Accountant

January 2023 - August 2025

Brand Partners KSA - Egypt Branch

Cairo, Egypt

January 2023 - August 2025

• Directed financial reporting and full group consolidation across subsidiaries in 4 countries, ensuring IFRS compliance and
accuracy
• Established remote-first accounting operations across 4 countries, standardizing chart of accounts, workflows, and month-end
reporting
• Led M&A; financial integration, onboarding acquired entities into group ERP systems, reporting cycles, and internal control
frameworks
• Developed annual budgets, rolling forecasts, and FP&A; reports providing strategic insights to senior management and board
• Implemented robust internal control frameworks, reducing reporting errors and strengthening audit readiness across all
jurisdictions
• Managed relationships with external auditors, tax consultants, and banking institutions, coordinating audit cycles and regulatory
submissions
• Ensured full compliance with IFRS, UAE VAT, local tax laws, and internal financial policies across all entities and jurisdictions

Company industry:
Legal Process Outsourcing (LPO)
Job role:
Accounting and Auditing

Team Leader > Senior Accountant

January 2017 - January 2023

Gama for Contracting

Cairo, Egypt

January 2017 - January 2023

• Led and supervised a team of accountants in financial planning, reporting, and daily operations
• Supervised budget preparation and financial reporting, ensuring accuracy and timely delivery
• Ensured compliance with financial policies, tax regulations, and internal controls
• Managed daily accounting transactions, reconciliations, and AP/AR management
• Trained and mentored junior accountants, enhancing team performance and productivity

Company industry:
Construction & Building
Job role:
Accounting and Auditing

Team Leader / Senior Accountant

January 2017 - January 2023

Gama for Contracting

Cairo, Egypt

January 2017 - January 2023

• Led a team of accountants across all aspects of financial planning, GL management, reporting, and daily accounting operations
• Supervised full-cycle budget preparation, quarterly forecasting, and variance analysis, delivering cost control recommendations to
management
• Managed AP/AR, bank reconciliations, payroll accounting, and fixed asset registers, ensuring accuracy of all financial records
• Ensured strict compliance with financial policies, tax regulations, and internal control procedures across all accounting functions
• Trained, mentored, and evaluated junior accountants, building a high-performing team focused on accuracy and continuous
improvement

Company industry:
Construction & Building
Job role:
Accounting and Auditing

Auditor

September 2015 - December 2016

Adham Tawakkol Audit Office

Cairo, Egypt

September 2015 - December 2016

• Conducted financial statement audits across multiple industries, ensuring compliance with accounting standards and regulatory
requirements
• Reviewed internal controls, identified weaknesses, and provided practical recommendations to strengthen financial governance
• Prepared detailed audit reports, management letters, and risk assessments for a diverse portfolio of clients

Company industry:
Financial Auditing
Job role:
Accounting and Auditing

Education

Al-Azhar University

January 2015

January 2015

Bachelor's degree, Accounting And Audit

Egypt

GPA (percentage): 69%

GPA (percentage): 69%

Al-Azhar University

January 2015

January 2015

Bachelor's degree, Accounting

Egypt

Skills

ACCOUNTING
Intermediate
ACCOUNTING
Intermediate
FINANCIAL ANALYSIS
Intermediate
FINANCIAL ANALYSIS
Intermediate
FINANCIAL STATEMENTS
Intermediate
FINANCIAL STATEMENTS
Intermediate
GENERALLY ACCEPTED ACCOUNTING PRINCIPLES
Intermediate
GENERALLY ACCEPTED ACCOUNTING PRINCIPLES
Intermediate
INTERNATIONAL FINANCIAL REPORTING STANDARDS
Intermediate
INTERNATIONAL FINANCIAL REPORTING STANDARDS
Intermediate
MICROSOFT EXCEL
Intermediate
MICROSOFT EXCEL
Intermediate
NETSUITE
Intermediate
NETSUITE
Intermediate
ODOO 17
Intermediate
ODOO 17
Intermediate
ORACLE APPLICATIONS
Intermediate
ORACLE APPLICATIONS
Intermediate
Consolidation
Expert
Consolidation
Expert
Automation
Intermediate
Automation
Intermediate
CONSULTING
Intermediate
CONSULTING
Intermediate
CONTRACT MANAGEMENT
Intermediate
CONTRACT MANAGEMENT
Intermediate
ENTERPRISE RESOURCE PLANNING
Intermediate
ENTERPRISE RESOURCE PLANNING
Intermediate
LEADERSHIP
Intermediate
LEADERSHIP
Intermediate
REAL ESTATE
Intermediate
REAL ESTATE
Intermediate

Languages

Arabic
Native Speaker
English
Expert

Training and Certifications

Certifications
IFRS Certification — International Financial Reporting Standards
CPA — Certified Public Accountant
IFRS (International Financial Reporting Standards)
Under process CPA (Certified Public Accountant)
USA

Hobbies

  • reading