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Louis Massis, Group CFO

Louis Massis

Group CFO·Eastern Group - The Logistics Group - Agent at DHL

Jordan

Master's degree, Master degree in Accounting

Work experience

Total years of experience: 27 years, 5 months

Group CFO

November 2016 - Present

Eastern Group - The Logistics Group - Agent at DHL

Jordan

November 2016 - Present

• Oversees and directs treasury, budgeting, audit, tax, accounting, purchasing, long range forecasting, and insurance activities for the organization.
• Directs the controller in providing and directing procedures and computer application systems necessary to maintain proper records and to afford adequate accounting controls and services.
• Directs the treasurer in activities such as custodian of funds, securities, and assets of the organization.
• Appraises the organization's financial position and issues periodic reports on organization's financial stability, liquidity, and growth.
• Directs and coordinates the establishment of budget programs.
• Coordinates tax reporting programs and investor relations activities.
• Analyzes, consolidates, and directs all cost accounting procedures together with other statistical and routine reports.
• Oversees and directs the preparation and issuance of the corporation's annual report.
• Directs and analyzes studies of general economic, business, and financial conditions and their impact on the organization's policies and operations.
• Analyzes operational issues impacting functional groups and the whole institution, and determines their financial impact.
• Assist in formulating the company's future direction and supporting tactical initiatives.
• Monitor and direct the implementation of strategic business plans.
• Monitor all open legal issues involving the company, and legal issues affecting the industry.
• Construct and monitor reliable control systems.
• Participate in key decisions as a member of the executive management team.
• Understand and mitigate key elements of the company's risk profile.
• Maintain appropriate insurance coverage.
• Arrange for debt and equity financing.
• Maintain banking relationships.
• Managing financial statements and execute the required analysis to improve companies’ activities and to afford subsequence events.

Company industry:
Shipping
Job role:
Accounting and Auditing

Group Finance Manager

April 2009 - Present

Husam Nimer Drugstore - Jordan & Rama Group - Iraq

Amman, Jordan

April 2009 - Present

Restructuring financial system including inventory, HR, accounting, sales, assests and purchasing systems.

• Contacting and negotiations with bankers to obtain best and most cost effective services.

• Managing the financial statements.

• Liasing with Agencies to accommodate any issue to proactively solve them.

• Continuously monitoring the finance structure and managing change when it is required.

• Effectively managing the accounting departement and the staff to deliver the company’s objectives.

• Performing cash flow, budgeting and report of risk finance or any financial report.

• Regular and frequent negotiation with income & sales tax department.

• Creating solutions to generate liquidity, decreasing the cost of finance and increasing profitability from sales and markets.

• participating to build equation regarding comissions for collectors and salesmen in accordance with requirments of financial situation.

• Goals for liquidation and priftability.

• Particpate in changing the systems for all companies to the ERP system.

Company industry:
FMCG
Job role:
Finance and Investment

Internal Auditor - Managerial Level

November 2002 - April 2009

Site Group for Services & Well Drilling

Amman, Jordan

November 2002 - April 2009

Duties :
* Execute detailed audit procedures, including reviewing transactions, documents, records, reports, policies & procedures for accuracy & effectiveness.

* Evaluate the adequacy & effectiveness of internal controls on a regular basis.

* Prepare comprehensive written reports for the management to make sound decisions.

* Ability to develop and implement effective procedures in all company departments.

* Ability to control budget & analyzing the variations .

* Review financial statements.

* Ability to establish & maintain Financial & Accounting System, including (Internal Control Procedures, Accounting Circulation, ….etc).

Company industry:
General Engineering Consultancy
Job role:
Accounting and Auditing

External Auditor

October 1999 - November 2002

Bawab & Co / Agency for Price WaterhouseCooper ( PWC )

Amman, Jordan

October 1999 - November 2002

Duties:

* Performing Audit Procedures for all types of companies and setting the bench mark for minimum acceptable standards.

* Performing tests on the Internal Control procedures .

* Preparing the Financial Statements (Income Statement, Balance Sheet, …etc) .

* Analyze Financial Reports.

* Supervising audit team by reviewing & revising their audited files

Company industry:
Accounting
Job role:
Accounting and Auditing

External Auditor Trainee

February 1999 - October 1999

Talal Abu Gazaleh & CO Group

Amman, Jordan

February 1999 - October 1999

Assist the External Auditors.

Company industry:
Accounting
Job role:
Accounting and Auditing

Education

The Arab Academy for Banking & Financial Sciences

February 2006

February 2006

Master's degree, Master degree in Accounting

Jordan

Master Degree in Accounting ( Result : 81.5 % )

Philadelphia University

January 1999

January 1999

Bachelor's degree, Accounting

Jordan

Bachelor Degree in Accounting, Result ( 83.5 % ).

Skills

Sales Tax

Expert

Income

Expert

Increasing Profitability

Expert

Negotiation

Expert

Profitability

Expert

Hands on management experience in managing budgets effectively

Expert

I have solid experience in evaluating financial strength for the company

Expert

Preparation of comprehensive reports used by senior management

Expert

Organized and systematic in managing work efficiency

Expert

Planning, Problem-solving, communication

Expert

risk management

Expert

negotiation

Expert

planning

Expert

working capital management

Expert

auditing

Expert

annual budgets

Expert

team management

Expert

accounting

Expert

treasury management

Expert

mergers

Expert

Sales Tax

Intermediate

MBA Finance

Expert

Income

Expert

Increasing Profitability

Expert

Negotiation

Expert

Profitability

Expert

Languages

Arabic

Expert

English

Expert