Experience

Watski AB
• Sweden
• Retail
• 1 - 100 Employee
• Board Member

  • Sep 2015 - Present


Fritz Schur Group

• Denmark
• Industrial Machinery Manufacturing

• Group CFO

  • Jun 2015 - Present

  My direct responsibilities include financial reporting, treasury, taxes, acquisition and administration of investment properties, strategic sparring with owner and division heads, development and administration of Group wide programs such as pension schemes and company car program, and accounting for headquarter and shared services. My direct responsibilities include financial reporting, treasury, taxes, acquisition and administration of investment properties, strategic sparring with owner and division heads, development and administration of Group wide programs such as pension schemes and company car program, and accounting for headquarter and shared services.


Akademisk Boldklub Gladsaxe
• Denmark
• Spectator Sports
• 1 - 100 Employee
• Board Member

  • May 2017 - Apr 2019


Nordic Tankers

• United States
• Maritime Transportation

• CFO

  • May 2012 - May 2015

  My direct responsibilities included accounting and financial reporting, treasury, IT and tax as well as strategic sparring with the CEO. These were my most significant results: - Define new strategy for the new joint operations of Nordic Tankers and herning shipping, - Set up new management reporting structures for the new joint operations, - Replace the outdated legacy IT landscapes in the two old groups with a new joint IT platform based on three “best of breed” applications covering all major aspects of the company’s operations, - Roll out a synergies and cost cutting program resulting in annual savings of more than USD 10 million, - Centralise all accounting and financial reporting activities in the headquarter in Copenhagen, reducing the accounting staff from 36 to 23, - Reorganise the accounting department in Copenhagen, including upgrading the skillset available in the team, - Acquiring new vessels with a total acquisition value of more than USD 120 million, - Set up more than USD 60 million in financing for vessel acquisitions. Show less


herning shipping a.s.
• Maritime Transportation
• 1 - 100 Employee
• CFO/CEO

  • Mar 2012 - May 2015


Torm

• Denmark
• Technology, Information and Internet

• Senior VP Financial Planning and Accounting

  • Oct 2003 - Mar 2012

  My direct responsibilties included accounting and financial reporting, business analysis and tax These were my most significant results: - Played a key part in the negotiations and closing of the acquisition of OMI together with Teekay in April 2007. The takeover was at the time one of the biggest made by a Danish company in USA, - Responsible together with our COO for planning, executing and supervising the subsequent overall integration of OMI into TORM, - Acted as CFO for two years while remaining directly responsible for the finance area during a period with difficult and time consuming tasks especially relating to the acquisition of OMI, - Established well-functioning accounting departments in our subsidiaries in Singapore, Manila and Mumbai. - Headed initiatives to improve working capital in light of the financial crisis, build up a new financial planning/business controlling team renew focus on costs and operational efficiency, achieve compliance with the Sarbanes-Oxley Act (SOX, US corporate governance requirements). redesign closing procedures implement enterprise risk management (ERM) procedures implement new consolidation and financial planning tools, reduce time spent to produce quarterly and annual financial statements by approx. 25% reduce fees paid to auditors by 30% by solving complex accounting issues in-house and tightening control over tasks performed by auditors. establish an automated cash management solution reducing transaction costs and improving the efficiency of the payment process. implement International Financial Reporting Standards (IFRS) and USD as reporting currency. Show less


Danisco
• India
• 1 - 100 Employee
• Finance Manager

  • 1997 - 2003

Coopers & Lybrand
• 1 - 100 Employee
• Accountant

  • 1991 - 1997