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Wael Mabrouk

Senior Accountant at Prestige Travel & Tourism

Abu Dhabi, United Arab Emirates

Work Experience

  • Senior AccountantFull Time

    Prestige Travel & Tourism

    Jun 2018 - Present -7 yrs

    United Arab Emirates , Abu Dhabi

    • Job Details:• Directed the production and presentation of monthly and yearly financial statements in adherence to IFRS regulations, equipping senior leadership with the necessary financial data for informed decision-making and strategic planning. • Examined reporting data to reconcile transactions, accounts, and ledgers; collaborated with stakeholders to resolve discrepancies and enhance financial reporting processes, leading to a 30% improvement in overall data accuracy and efficiency. • Spearheaded vendor correspondence, reconciled 40+ vendor statements monthly, and processed cheque requests, resulting in a 20% decrease in payment errors and ensuring smooth vendor relationships. • Led the transition to the WPS system for salary processing, enhancing efficiency and reducing processing time by 25%, allowing for smoother operations and improved employee morale. • Analysed regular reviews and comprehensive audits to authenticate recordkeeping accuracy and regulatory compliance; leveraged audit insights to streamline processes, leading to a 15% reduction in discrepancies. • Directed the comprehensive filing of VAT returns, tax documents, and FTA reports, complying with industry standards and regulations, leading to a 25% increase in audit acceptance rates. • Conducted detailed analysis of income, expenses, and asset data to reconcile accounts and determine net worth; implemented process improvements that reduced reconciliation errors by 30% and enhanced overall financial integrity.
  • AuditorFull Time

    Ocean Chartered Accountants Est.

    Mar 2015 - Apr 2018 -3 yrs, 1 month

    United Arab Emirates

    • Job Details:• Analyzed financial data using advanced Excel functions and data visualization tools to create detailed reports for senior management, providing insights that led to a 15% increase in ROI. • Maintained accounting records and preparing accounts information & Analysing risk. • Optimized financial statement reporting by introducing new software tools, leading to a 25% increase in efficiency and enabling more accurate tracking of revenue and expenses. • Constructed detailed financial models, reports, and charts to convey complex financial information, empowering stakeholders to make informed decisions; these tools played a pivotal role in increasing ROI by 25% over a six-month period. • Designed the setup of internal controls and standardized procedures for business accounting systems, resulting in a 25% reduction in error rates and ensuring financial data integrity and reliability for decision-making. • Collaborated with senior management to analyse financial aspects of business operations, optimizing inventory levels and budgets, leading to a 25% increase in operational efficiency and a 10% improvement in profit margins. • Formulated comprehensive financial consulting reports for a diverse portfolio of clients, including detailed risk assessments and ROI projections, leading to a 20% increase in client satisfaction and retention rates. • Analysed complex financial data to craft Expert Reports for Courts, highlighting key findings and recommendations.
  • Junior AccountantFull Time

    Gulf Canadian Readymix Concrete

    May 2013 - Feb 2015 -1 yr, 9 months

    Egypt , Cairo

    • Job Details:• Orchestrated daily invoicing operations for multiple accounts, updating transactions and ensuring compliance with financial guidelines; Managed 100+ invoices daily, reducing errors by 40% and enhancing billing efficiency. • Managed and conducted monthly bank reconciliations for 12 accounts, detecting and rectifying discrepancies, leading to a 15% decrease in financial discrepancies and ensuring financial accuracy and integrity. • Streamlined financial reporting process by documenting cash, credit, fixed assets, accrued expenses, and line of credit transactions, leading to a 25% increase in operational efficiency. • Daily checking and monitoring of trail balance of the company and per entity. • Conceptualized and Prepared a supplier payment strategy that improved cash flow management, reduced late payment penalties by 50%, and enhanced payment terms negotiation, resulting in a 20% increase in supplier discounts. • Managed vendor communications and account inquiries, utilizing exceptional attention to detail to identify and correct billing errors. • Coordinates with the bank with regards to accounts-related requests and inquiries.
  • Education

    • Bachelor's Degree in Bachelor Degree of Business Administration

      misr higher institute for commerce and computers

      Jan 2011 

    Skills

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    Languages

    • Arabic

      Fluent
    • English

      Advanced
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