Joseph Armia

Adjunct Faculty

College of Business

Universities and Degrees

CONCORDIA UNIVERSITY Chicago, Illinois Master of Business Administration (MBA) GPA 3.94 (Conferred 2013)

Classes Taught

ACC 6200 - Financial Accounting and Analysis
ACC6300 - Managerial Accounting and Analysis

Awards and Honors

Meritorious Honor Award from Ambassador James F. Jeffrey for contributions to Diyala initiative.

Prior Professional and Academic Positions

  • Principal of Real Estate Brokerage Company, Downers Grove, IL Oct, 11- Present
  • Create and execute client base management, business development and marketing programs (i.e., advertising, regular follow-up for leads, establishing partnerships with area businesses, etc
  • Continuously develop and maintain a vast network of attorneys, mortgage lenders and contractors to provide clients with prompt access to external resources when needed
  • Assistant Foreign Affair officer U.S. Department of State /USAID - Iraq May, 09-September, 11
  • Provided advice, guidance, and consultation to senior officials with regard to the interpretation and application of analyses
  • Conducted assessments based on information derived from a wide variety of sources and presents briefings and papers to officials at various levels within USAID, USAID implementers and USF
  • Played a key role in coordinating the execution of the Diyala initiative, a $50M program designed to support the migration of displaced Iraqi refugees back to their homes
  • Manager of Allstate Insurance, Frankfort, IL May, 08-April, 09
  • Recruited , hired, coached talented insurance producers
  • Sale of auto, homeowner, condo, renter, boat, motorcycle, umbrella insurance, and life insurance products
  • Sale of Allstate financial products such as CDs, checking and saving accounts, 401Ks, IRAs, mutual funds and variable annuities 
  • Sale of group / individual health insurance, and long and short term care disability
  • Controller of Northwest Package Delivery, Inc. , Forest Park, IL February, 01- April, 08
  • Established and maintained effective internal control procedures
  • Conducted monthly bank reconciliation
  • Prepared cash flow reports 
  • Prepared monthly depreciation reports for assets under MACRS
  • Prepared forecasting balance sheets
  • Prepared quarterly sales tax forms
  • Saved the company $10,000+ annually by moving the outsourced payroll function in-house
  • Prepared interim financial statements (Balance Sheet, Income Statement & Retained Earnings)
  • Prepared financial ratio to assist the company owners
  • Facilitated significant operating costs savings by shifting transportation from company drivers to owner operators
  • General Accountant - V-G Supply Company, Park Ridge, IL March, 1999-January, 01
  • Collected over $300,000 in past due collectibles from accounts close to default
  • Reviewed bill of lading and proof of delivery with invoices
  • Reconciled customer accounts 
  • Reviewed payments received 
  • Prepared aging account report 
  • Bank reconciliation

Student Projects and Advisory

Assist students to develop comprehensive financial analysis approach for publicly trade companies (Issuer) and quality of earnings. Assist students to develop basic cost objects for future entrepreneur not limited to master budget and pricing techniques.

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