Michael C. Samonas M.Sc.,

Ph.D., MBA, Chartered Accountant,

FCCA.

Experience

Oct '15 - , American College of Greece, Agia Paraskevi Campus

Instructor

  • Financial Modelling Workshop, The American Collede of Greece - Deree.
  • Financial Statement Analysis and Equity Valuation, The American Collede of Greece - Deree.

Feb '17 - , ICAP and University of Piraeus

 Jan '04 - present, Sidma S.A Steel Service Centre (Listed in ASE)

Group Chief Financial Officer

  • Experience in equity market including an IPO (responsible for listing the company to Athens Stock Exchange) as well as Debt market (responsible for issuing syndicated bond loans exceeding € 120 mio).
  • Experience in strategic planning and execution. Knowledge of finance, accounting, budgeting and cost control principles including Generally Accepted Accounting Principles  (IFRS).
  • Ability to analyze financial data and prepare financial reports, statements, and projections.

Main duties include:

  • Coordination and preparation of financial statements & financial reports.
  • Month end reporting to VIOHALCO Group
  • Analysis cash flow and expenses to guide department heads. Analysis of financial statements to pinpoint potential weak areas.
  • Implementation of strategic business & operational plans.
  • Monitoring the performance of subsidiaries in Bulgaria & Romania
  • Modelling & analysing the credit risk of company’s clientele


April '03 – Dec '03, Vodafone S.A


Compensation & Benefits Manager

  • Responsible for the development and implementation of the wage and salary system as well as the company’s benefits programme. More specifically:
  • Implementation of Internal Audit findings & recommendations to HR Dept.
  • Development of the Long Term Incentive Plan to executive personnel
  • Development of the Short Term Incentive Plans to various departments and levels
  • Development of the commission plans of the sales & distribution function
  • Drafting of Comp. & Ben. Policies & Procedures (Mobile Phone, Travel, etc.)

Oct '01 – March '03, Vizzavi Hellas S.A (Vodafone S.A. Subsidiary)


Head of Finance

  • Responsible for the Financial Management and Cost Accounting functions. Main duties included:
  • Month end reporting to Headquarters under UK GAAP
  • Contract & Tender fine-tuning with local Vendors
  • Supplier due diligence
  • Revenues Recognition & Charging regarding 3rd party content providers
  • Budgeting, variance analysis & control of monthly expenses.
  • Also responsible for the project of implementation and customisation of the Oracle Financials ERP system to Vizzavi Hellas

 

Feb '01 – Sep '01, Vizzavi Hellas S.A


Financial Planning & Analysis Manager

  • Responsible for the establishment of Vizzavi (Vodafone - Vivendi Joint Venture) in Greece. Main duties:
  • Business plan preparation of the Vizzavi Start up in Greece
  • Greek wireless portal market analysis & modelling
  • Setting the agreement with Panafon as far as the revenue split of common services (I.e. Content SMSs) is concerned.

 

June '00 – Jan '01, Panafon S.A (Vodafone S.A.)


Group Business Development/Strategy & Planning, Business Planning Expert

  • Main duties included the business plan preparation of new business units & services including market analysis & modelling, financial statements preparation and project valuation using various techniques.
  • Liaison Officer between Panafon & Eurobank for the Business Exchange (BE) B2B Initiative; Responsible for the preparation of the Business Plan and Strategy formulation.
  • Business analysis & revenue modeling for the Next Generation wireless voice & data communication services
  • Competition Monitoring & identification, evaluation and prioritization of new business initiatives and opportunities that met Panafon’s business objectives

 '99 - June '00, Panafon S.A (Vodafone S.A.)


Group Business Development/ Strategy & Planning, Business Development Analyst

  • Business Plan Preparation for the Panafonet & Pan.gr (Portal) business units
  • Due diligence and valuation of the Ideal Telecom Acquisition
  • Business analysis & Revenue modelling for the GPRS wireless voice & data communication network

 

'97 - '99, Hellenic Telecommunications Organization, OTE S.A.


General Commercial Division/Key Account Management

  • General experience in business-to-business telecommunications market place. Participation in many Market/Competitive Analysis work teams (i.e. PriceWaterHouse Coopers, Bellcore, OVUM) regarding i.e. the Internet market, Key Customers Satisfaction, ISDN market.
  • Experience in marketing and service development (Participation in many New Product & Services Development work teams i.e. for IP Telephony, ISDN, Tele-working, Tele-education, ATM – Input for Business Plans).
  • Experience in working with sales and sales support, providing consultative and proactive support to key accounts by explaining, clearly, in writing and verbally, complex technical concepts (Preparation/Presentation of Tender’s Documents).