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
2021.12 - 2026.06
- 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
2017.01 - 2021.11
- 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
2015.09 - 2016.12
- 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
2012.04 - 2015.08
- 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
2014.12 - 2015.06
- 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
2012.09 - 2015.06
- 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
2008.05 - 2012.03
- 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
2007.12 - 2008.04
- Topic for research: Financing Decision Significance, Capital Structure and Initial Yield Behaviour: Evidence from Finnish Commercial Property Markets.
Various summer and part time jobs
2002.01 - 2007.01
Education
Board Certificate -
The Board Company
Helsinki 2025.08 -
Distance Leadership - Leadership
SvenskaHandelshögskolan
Stockholm 2020.02 - 2020.03
IFL Strategic Leadership -
Svenska Handelshögskolan
Stockholm 2011.01 - 2011.08
Certificated NCC Economist -
University of Uppsala
Uppsala 2010.01 - 2010.02
Master of Science - Economics, Financing, International Marketing, National economy, Mathematics and Statistics, Business Management
University of Vaasa
2002.09 - 2008.06
Abitur -
LahdenLyseonLukio
1998.08 - 2001.06
Econonomics
Bilingual BundeshandelsAkademie BHAK 12
Vienna, Austria 1997.08 - 1998.07
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
2025.08 -
CFO, Head of finance & strategy
NCC Industry Nordic AB
2021.12 - 2026.06
Distance Leadership - Leadership
SvenskaHandelshögskolan
2020.02 - 2020.03
Head of Controlling and PMO
NCC Sverige AB
2017.01 - 2021.11
Business Controller
NCC AB
2015.09 - 2016.12
Leader and responsible for establishing new Shared Service Center (NCC Business Services)
NCC Construction Finland Oy
2014.12 - 2015.06
Project manager for Common Finance -project
NCC Construction Finland Oy
2012.09 - 2015.06
Finance & Risk Manager
NCC Construction Finland Oy
2012.04 - 2015.08
IFL Strategic Leadership -
Svenska Handelshögskolan
2011.01 - 2011.08
Certificated NCC Economist -
University of Uppsala
2010.01 - 2010.02
Finance controller
NCC Construction Finland Oy
2008.05 - 2012.03
Master's thesis
NCC Property Development Finland Oy
2007.12 - 2008.04
Master of Science - Economics, Financing, International Marketing, National economy, Mathematics and Statistics, Business Management
University of Vaasa
2002.09 - 2008.06
Various summer and part time jobs
2002.01 - 2007.01
Abitur -
LahdenLyseonLukio
1998.08 - 2001.06
Econonomics
Bilingual BundeshandelsAkademie BHAK 12
1997.08 - 1998.07