Jaakko Salminen
Stockholm,Sweden
Summary
Experienced leader in finance adept in managing financial performance and strategic intiatives across diverse and complex landscapes. Proven ability to drive turnaround, strategy, business transformations and developing high-performing teams. Committed to delivering operational excellence and enhancing business performance.
Overview
24
24
years of professional experience
10
10
years of post-secondary education
Work history
CFO, Head of finance & strategy
NCC Industry Nordic AB
Solna, Sweden
12.2021 - 06.2026
- Responsible for the full scope financial steering and performance planning for the business area with turnover of 13 bnSEK across Nordic countries.
- Setting long term strategic framework with KPIs for growth and improved performance as well as securing turnaround for underperforming units.
- Leading an organisation of 50 professionals across Nordic countries in the areas of finance, strategy, operations&business development and sustainability
- Member of country boards, business area management and NCC finance management teams
- Key role in the ongoing strategic review for NCC Industry (since February 2025)
Head of Controlling and PMO
NCC Sverige AB
Solna, Sweden
01.2017 - 11.2021
- Executed financial planning and strategy for project portfolio for Finance, Development & Operations Services
- Leader and supervisor for various expert teams to enhance performance and efficiency
- Preparing decisions for NCC Board of Directors and NCC Senior Management -team
- Reported directly to Group CFO, ensuring effective governance.
Business Controller
NCC AB
Solna, Sweden
09.2015 - 12.2016
- Managed budgeting, forecasting, reporting, and financial steering for NCC Group functions.
- Approved business cases for projects within NCC project portfolio
- Active role in spin-off of Bonava AB
- Member of Group IT Management team
Finance & Risk Manager
NCC Construction Finland Oy
Helsinki, Finland
04.2012 - 08.2015
- Coordinated various financing avenues including customer and project financing options.
- Facilitated liquidity planning while controlling financial risks through rigorous reporting.
- Managed insurance policies covering property, vehicle fleet, and liability liabilities.
- Engaged with banks and insurers to strengthen financial partnerships.
- Directed hedging strategies for foreign currency exposure within overall risk management framework.
Leader and responsible for establishing new Shared Service Center (NCC Business Services)
NCC Construction Finland Oy
Helsinki, Finland
12.2014 - 06.2015
- Implemented new finance processes and launched shared service centre for NCC in Finland.
Project manager for Common Finance -project
NCC Construction Finland Oy
Helsinki, Finland
09.2012 - 06.2015
- Led development and implementation of new finance processes across AP, AR, GA, and Reporting.
- Oversaw rollout of finance systems, achieving successful go-live in February 2015.
- Served as project lead under NCC Group CFO to ensure objectives were met.
Finance controller
NCC Construction Finland Oy
Helsinki, Finland
05.2008 - 03.2012
- Executed cash flow forecasting and follow-up to enhance financial operations.
- Secured project financing, bolstering business performance and client financial solutions.
- Implemented controls to mitigate financial risks.
Master's thesis
NCC Property Development Finland Oy
Helsinki, Finland
12.2007 - 04.2008
- Topic for research: Financing Decision Significance, Capital Structure and Initial Yield Behaviour: Evidence from Finnish Commercial Property Markets.
Various summer and part time jobs
01.2002 - 01.2007
Education
Board Certificate -
The Board Company
Helsinki 08.2025 -
Distance Leadership - Leadership
SvenskaHandelshögskolan
Stockholm 02.2020 - 03.2020
IFL Strategic Leadership -
Svenska Handelshögskolan
Stockholm 01.2011 - 08.2011
Certificated NCC Economist -
University of Uppsala
Uppsala 01.2010 - 02.2010
Master of Science - Economics, Financing, International Marketing, National economy, Mathematics and Statistics, Business Management
University of Vaasa
09.2002 - 06.2008
Abitur -
LahdenLyseonLukio
08.1998 - 06.2001
Econonomics
Bilingual BundeshandelsAkademie BHAK 12
Vienna, Austria 08.1997 - 07.1998
Languages
Finnish
Native
English
Fluent
Swedish
Fluent
German
Upper intermediate
Spanish
Elementary
Affiliations
Participation in kids' sports
Sports (gym, running, cross-country skiing, downhill)
Motorcycles
Cooking & friends
References
References available upon request.
Timeline
Board Certificate -
The Board Company
08.2025 -
CFO, Head of finance & strategy
NCC Industry Nordic AB
12.2021 - 06.2026
Distance Leadership - Leadership
SvenskaHandelshögskolan
02.2020 - 03.2020
Head of Controlling and PMO
NCC Sverige AB
01.2017 - 11.2021
Business Controller
NCC AB
09.2015 - 12.2016
Leader and responsible for establishing new Shared Service Center (NCC Business Services)
NCC Construction Finland Oy
12.2014 - 06.2015
Project manager for Common Finance -project
NCC Construction Finland Oy
09.2012 - 06.2015
Finance & Risk Manager
NCC Construction Finland Oy
04.2012 - 08.2015
IFL Strategic Leadership -
Svenska Handelshögskolan
01.2011 - 08.2011
Certificated NCC Economist -
University of Uppsala
01.2010 - 02.2010
Finance controller
NCC Construction Finland Oy
05.2008 - 03.2012
Master's thesis
NCC Property Development Finland Oy
12.2007 - 04.2008
Master of Science - Economics, Financing, International Marketing, National economy, Mathematics and Statistics, Business Management
University of Vaasa
09.2002 - 06.2008
Various summer and part time jobs
01.2002 - 01.2007
Abitur -
LahdenLyseonLukio
08.1998 - 06.2001
Econonomics
Bilingual BundeshandelsAkademie BHAK 12
08.1997 - 07.1998