GW Group – El Auditors

Goldman Whites Group

Overview

Goldman Whites Group (GW Group) is a UAE-based conglomerate with a growing portfolio of businesses across multiple sectors, including financial services, steel manufacturing, real estate, defense contracting, and general trading. Managing a diverse group of entities requires a highly strategic, integrated, and compliant financial framework, a challenge that El Auditors was perfectly equipped to tackle.

INDUSTRY : Investment | Trading, Manufacturing | Real Estate | Corporate Services | Luxury Kitchen Solutions

The Challenge

With operations spread across several verticals and jurisdictions, GW Group needed a comprehensive solution to:

Centralize and streamline financial data across subsidiaries

Ensure compliance with UAE VAT and Corporate Tax regulations

Gain deeper insights into business performance across divisions

Implement a robust and user-friendly ERP system

Train staff and key stakeholders to utilize digital tools effectively

Our Solution

El Auditors partnered closely with GW Group’s executive and finance teams to deliver a tailored suite of services that addressed both immediate and long-term needs.

1. Odoo Configuration, Implementation & Training

Customized modules for accounting, inventory, sales, procurement, and HR to suit each subsidiary’s operations.
Trained 25+ staff members, improving system adoption and reducing manual errors.

Result

Reduction in manual accounting tasks

0 %

Faster month-end closing times

0 %

2. Bookkeeping & Financial Reports

Provided full-spectrum bookkeeping services across all subsidiaries.
Prepared monthly, quarterly, and annual financial statements tailored for internal and investor reporting.
Introduced performance dashboards for real-time financial visibility.

Result : Improved transparency and accuracy in reporting, empowering data-driven decisions at the group level.

3. Internal Audit & Compliance

Conducted periodic internal audits for risk mitigation and governance.
Identified operational inefficiencies and recommended cost-saving measures.
Ensured regulatory compliance with UAE VAT laws and the new Corporate Tax regime.

Result : Enhanced internal controls and 20% reduction in non-compliance risks

Reduction in non-compliance risks

0 %

4. VAT and Corporate Tax (CT) Returns

Filed accurate and timely VAT and CT returns for all relevant entities.
Advised on tax structuring to maximize compliance and minimize liabilities.

Result : Achieved 100% on-time filing and optimized tax liabilities across the group.

Subsidiary Spotlight: Strategic Impact Across the Group

El Auditors’ services were extended to GW Group’s diverse subsidiaries, enhancing operational coherence and financial performance:

Goldman Whites for Investment & Financial Service

Filed accurate and timely VAT and CT returns for all relevant entities.
Advised on tax structuring to maximize compliance and minimize liabilities.

Website : www.goldmanwhites.com

Defense Support Contracting

Focus: Defense and logistics services
Service Provided: Odoo ERP integration and internal audit
Impact: Improved procurement tracking and compliance with federal contracting standards.

Website : www.defensesupportllc.com

GTC Corporate Service Provider

Focus: Defense and logistics services
Service Provided: Odoo ERP integration and internal audit
Impact: Improved procurement tracking and compliance with federal contracting standards.

Website : www.gtccsp.com

EDDLUX for Steel Manufacturing

Focus: Steel production and industrial manufacturing
Service Provided: Inventory accounting and cost analysis
Impact: Achieved better inventory control and 15% cost optimization on raw materials.

Website : www.eddlux.com

Goldman Whites Real Estate

Focus: Property investment and management
Service Provided: Rental income tracking, VAT filings, and Odoo integration
Impact: Increased rental collections and improved tenant financial reporting.

Website : www.gwrealestates.com

ESS for General Trading

Focus: Wholesale and retail trading
Service Provided: Full-cycle bookkeeping and tax compliance
Impact: Reduced financial discrepancies and improved working capital management.

Website : www.esstds.com

Grosvenor Kitchens Trading L.L.C

Focus: Luxury kitchen solutions
Service Provided: Sales analysis, financial reporting, and inventory reconciliation
Impact: Boosted profitability through accurate margin tracking.

Website : www.grosvenorgcc.com

The Outcome

By integrating cutting-edge financial tools and offering tailored advisory services, El Auditors transformed GW Group’s finance function into a streamlined, insightful, and compliant engine of growth

Key Achievements:

Group-wide ERP system adoption

Increased compliance and reduced tax exposure

Improved reporting accuracy and decision-making

Enhanced operational efficiency across all entities

“El Auditors came in when we were overwhelmed and unsure of what to fix first. They didn’t just tick boxes, they listened, explained, and walked with us through every step. It felt less like hiring a service, and more like gaining a team that truly cared.”
— Goldman Whites Group