Hamzeh Tubaishat

• Lead and manage the Finance Department, encompassing Accounts Payable (A/P), General Ledger (GL), Accounts Receivable (A/R), and administrative functions to ensure accurate and efficient financial operations.
• Collaborate with executive leadership to align financial goals with ASEs strategic objectives, optimizing resource allocation for maximum financial impact.
• Develop and oversee ASEs master and project budgets, integrating financial planning and analysis (FP&A) to support organizational strategy and cost management.
• Ensure adherence to International Financial Reporting Standards (IFRS) and regulatory requirements, maintaining transparency and accuracy across financial reporting.
• Prepare and deliver comprehensive financial reports to the Ministry of Finance (MOF) and the Securities Depository Center (SDC), ensuring compliance and alignment with national financial guidelines.
• Conduct in-depth financial analysis to identify trends, forecast financial needs, and support executive decision-making aligned with ASEs strategic goals.
• Implement financial controls and cost monitoring processes to ensure budget adherence, tax compliance, and operational efficiency.
• Mentor and guide the finance team, fostering a culture of continuous improvement, compliance, and high performance.
• Providing insights that support growth, cost optimization, and risk management.

leading and supporting the transitions from cash basis accounting to the International Public Sector Accounting Standards (IPSAS), within the Ministry of Sport (MoS). This includes conducting necessary studies to establish opening balances, assessing assets and liabilities, and training employees on the new standards to ensure accurate and compliant record-keeping.

Managing and monitoring all finance and accounting-related tasks for Magenta Worldwide, ensuring efficient and accurate financial operations, financial planning and analysis (FP&A), Budgeting, Compliance with IFRS.
Responsibilities:

• Developing finance strategy, policies, and procedures, aligning them with organizational goals.
• Led and supervised the accounting and finance department, providing guidance and support to team members.
• Developing and controlling budgets and implementing overhead allocation rates, closely monitoring expenditure and adherence to budgetary guidelines.
• Proactively monitoring and following up on receivables and aging, promptly addressing any issues that impeded collections.
• Oversaw expenditures and ensured proper allocation within cost centers.
• Manage and monitor the companys cash flow, optimizing liquidity and forecasting future financial needs.
• Led the monthly and annual closing processes, ensuring timely and accurate financial reporting.
• Reviewed and approved all payments while authorizing bank reconciliations to maintain financial integrity.
• Developed comprehensive monthly post-closing financial reports, providing valuable insights into financial performance.
• Conducted monthly financial analysis, identifying trends and areas for improvement, and provided recommendations to drive financial efficiency.
• Led annual and project audits, collaborating with external auditors to ensure compliance and accuracy in financial statements.
• Ensured accurate intercompany cost sharing allocation, maintaining transparency and accountability.

(Bremen Overseas Research and Development Association - Jordan Office)
Senior Accountant:
Administrating the whole Finance related tasks (whole accounting cycle, Budgeting & Reporting) for (5) Projects from different donors (GIZ, BMZ, SDC, Islamic Fund, Hansa Flex).
Budgeting and Reporting Responsibilities:
• Collaborated with the Country Director to meticulously develop donor budgets & Master Budget.
• Ensure adherence to donor regulations and implemented appropriate controls for budget and expenditures.
• Developing, and preparing budget and expenditures reports according to donors regulations and internal requirements.
• Providing recommendations for addressing overspending or shortages in budget lines.
• Conducted monthly budget variance analysis and collected data from all departments for budget and forecast development.
• Prepared annual financial statements and other reports as required for project closure or upon request.
• Summarized financial plans and annual operating budgets, providing insightful recommendations.
• Led comprehensive cash flow management, optimizing resource utilization and ensuring smooth project operations through effective monitoring and liquidity maintenance.
• Implemented robust strategies, including forecasting and risk mitigation, to efficiently handle cash.
Finance & Accounting Responsibilities:
• Development of finance policy & procedures.
• Preparing monthly, quarterly, and annual financial reports (Income/expenditure statement, Balance sheet, and Cash flow).
• Perform financial analysis using financial ratios, time series analysis, or any suitable financial analysis tool to recommend scenarios for solving a problem or improving results.
• Manage the Consolidation & Reporting Process for the Budget & forecast.
• Cash Management and petty cash maintenance.
• Month-end close responsibilities.
• Monthly reconciliations.

• Verifying supporting documentation; calculate financial need as required; ensure completeness of documents in accordance with donors regulations.
• Tax reporting preparation and submission in a timely manner.
• Dealing with Annual Audits and donors Audit.
• Spreadsheet design/maintenance.
• Monitoring vendors payment, outstanding invoices and checking procurement process.
• Insurance review and price negotiations.
• Posting vouchers for all projects.
• Responsible for the whole accounting cycle for the Whole project.
• Review and approve monthly salaries.
• Staff orientation in any Finance Related task.

(Aug 2017 - Dec 2020)
• Acting chief accountant responsible for the whole finance tasks.
• Reviewing finance team outputs and following up with the team on the assigned tasks.
• Prepare Projects Cost Forecast/budgeting for pricing purpose.
• Invoicing, Accounts Receivables, and Accounts Payable management.
• Ensure proper monthly closing & issuing post- closing reports.
• Budget Controlling.
• Assets Controller
• Calculate Allowances for all staff in accordance with time sheets for proper. Reporting & cost allocation.
• Inventory Controlling and overseeing inventory management processes.
• Prepare Monthly financial report to the management.
• Leading External and internal audits.
• Prepare P&L statement, Cash flow & Balance sheet.
• Prepare Balance Sheet & income statement.
• Cash management & cash forecasting to ensure smooth operation and liquidity availability.
• Prepare P&L Statement

general ledger section,
Responsibilities:
▪ Prepare journal entries on SAP.
▪ Budget controlling.
▪ Audit petty cash and post the payment.

ASSET TASKS:
▪ Create asset card and make capitalization for capital expenditure,
▪ Asset under construction controller.
▪ Asset depreciation & disposal.
▪ Receive asset purchase order.
Bank responsibilities:
▪ Access company banks account in order to confirm receiving payments.
▪ Prepare bank & centralized treasury reconciliation.
Account receivable,
Responsibilities:
▪ Letter of credit (L/C) & letter of guarantee (L/G)
Other Responsibilities:
▪ Head of stock taking committee in some stores.
▪ Auditing sales branches; its manager and staff for accounting actions and other wises.