Mahmoud Azazy
Senior Finance And Accounting Consultant
Cairo
Summary
Experienced Senior Finance & Accounting Consultant at PwC Middle East, specializing in financial accounting, financial reporting, external audit, and compliance with IFRS, IPSAS and U.S GAAP. Skilled in accounting transformation, GAAP conversions, and financial statement preparation, ensuring alignment with international standards. Proficient in applying IFRS and IPSAS in Saudi Arabia and Egypt, with expertise in advising clients on complex accounting matters, risk assessments, and regulatory compliance. Strong track record of optimizing financial processes and providing strategic accounting solutions across various industries.
Overview
5
5
years of professional experience
2
2
Certificates
2
2
Languages
Work History
Senior Finance And Accounting Consultant
PricewaterhouseCoopers (PWC)
Cairo
01.2024 - Current
- Engaged directly with clients across various industries, assessing their accounting challenges, compliance needs, and financial reporting gaps.
- Built and maintained trusted relationships with key client stakeholders, providing tailored accounting solutions.
- Led accounting advisory projects, helping clients implement IFRS, IPSAS, and local GAAP standards, ensuring 100% compliance with regulatory requirements.
- Provided technical accounting guidance on complex financial reporting issues, including IFRS 9, 15, 16, and IPSAS implementation.
- Assisted clients with financial statement preparation and compliance with IFRS, IPSAS, and local GAAP.
- Supported clients in implementing new accounting standards and policy development.
- Led audit readiness efforts and coordinated with internal and external auditors to facilitate financial statement audits.
- Educated clients on accounting principles, changes in standards, and best practices in financial reporting
- Mentored and coached junior staff, enhancing their technical knowledge and professional development.
Senior External Auditor
PricewaterhouseCoopers (PWC)
Cairo
10.2020 - 12.2023
- Led external audit engagements for clients across various industries, ensuring compliance with IFRS, ISA, and local regulations.
- Developed a deep understanding of clients' industries, business environments, operational cycles, and control frameworks, ensuring tailored audit approaches.
- Conducted risk assessments and designed audit procedures to mitigate potential misstatements in financial reporting.
- Covered and tested financial statement assertions and audit procedures for each line item, ensuring accuracy and reliability.
- Performed analytical procedures and fluctuation analysis on account balances, identifying unusual trends and potential risks.
- Led the preparation of audit documentation and working papers, ensuring compliance with professional and regulatory standards.
- Reviewed financial statements and disclosures, ensuring compliance with IFRS, GAAP, and regulatory requirements.
- Identified, documented, and communicated audit findings and control deficiencies, providing recommendations to enhance internal controls and financial processes.
- Supervised and mentored junior auditors, enhancing their technical skills and audit knowledge through training and guidance.
Junior Accountant
Benchmark consultancy Egypt
Cairo
12.2019 - 09.2020
- Prepared financial reports by collecting, analyzing, and summarizing accounting information, ensuring accurate and timely reporting.
- Updated and maintained the general ledger, ensuring all transactions were properly recorded and classified.
- Performed daily reconciliations of cash and check transactions, identifying and resolving discrepancies to maintain financial accuracy.
- Assisted in month-end and year-end closing processes, including journal entries, accruals, and adjustments.
- Managed accounts payable (AP) and accounts receivable (AR) transactions, ensuring timely invoicing and payment processing.
- Conducted bank reconciliations and monitored cash flow to support financial planning.
Education
Bachelor of Accounting - Accounting And Finance
Zagazig University
Egypt 09.2014 - 05.2025
Skills
Proactive & Independent – Takes initiative with ability to initiate tasks independently
Effective Communication – Communicate confidently in a clear, concise and articulate manner
Problem-Solving – Suggests innovative and creative solutions to problems
Analytical Thinking – Identifies ways to analyze information quickly and efficiently
Research & Knowledge-Sharing – Gathers, documents, and shares useful information to support decision-making
Proactive & Independent – Takes initiative with ability to initiate tasks independently
Auditing techniques
Bank reconciliation
IFRS expertise
Financial statement preparation
Accounting processes
Certification
International Financial Reporting Standards Diploma - IFRS, 06/2023 - Present
Accomplishments
Key Audit Engagements
Participated in the external audit of leading companies across various industries, ensuring compliance with IFRS, ISA, and local regulations:
- Taqa Gas Group (Subsidiary of Citadel Group)
- Egyptian Drilling Company (EDC)
- Synthomer for Petrochemicals
- Drill-Quip for Drilling Equipment
- Golden State Food (GSF)
Additional Information
Key Consulting Projects (KSA Experience)
- Government Entity – Saudi Arabia (On-Site)
Supported the review of financial statements under accrual basis, ensuring full compliance with IPSAS and regulatory requirements. Prepared a technical memo on revenue contracts in accordance with IPSAS, directly engaging with stakeholders to address financial reporting challenges. - Holding Company – Saudi Arabia (On-Site)
Provided accounting advisory on asset transfers and corporate restructuring, assessing the financial impact and ensuring the proper accounting treatment in compliance with applicable standards. Collaborated with senior management to guide strategic decision-making. - High-Level Government Entity – Saudi Arabia (On-Site)
Led the implementation of new IPSAS standards, developing a structured roadmap and creating key enablers such as training materials and guidance templates. Conducted training workshops for government officials, enhancing awareness and understanding of new IPSAS requirements.
Timeline
Certified Public Accountant (CPA) in progress.
06-2026
Senior Finance And Accounting Consultant
PricewaterhouseCoopers (PWC)
01.2024 - Current
Senior External Auditor
PricewaterhouseCoopers (PWC)
10.2020 - 12.2023
Junior Accountant
Benchmark consultancy Egypt
12.2019 - 09.2020
Bachelor of Accounting - Accounting And Finance
Zagazig University
09.2014 - 05.2025