Luke Grindal Email & Phone Number

Sweden

E.ON Drive NordicsE-mobility Nordics turnaround assignment.

Elekcig AB is one of the largest importers and retailers of electronic cigarettes and nictone liquids. I was hired by Elekcig to professionalize the finance function and build routines in the supply chain. Development of a budget model, monthly variance analysis and building controls around order to cash cycles were some of the changes I made. Working.

Skane County, Sweden

Invested in, developed and operated own business.

Copenhagen Area, Denmark

• Stakeholder management; building the story-line, developing the playbook, discussing the teams’ expectations & concerns, aligning disparate ideas around business direction and presenting milestone reports to the.
• “EMEA beats budget target by 50MDKK.” Part of the team that delivered a significant overperformance through keen monitoring and adjustment of pricing, management of channel inventory, favourable allocation of scarce.
• Active & impactful member of the Divisional Leadership Group who partnered with the SVP of the Division to deliver 5 consecutive quarters of earnings in line with expectations.
• Inventory of finished goods and strategic components reduced from 100MDKK to 50MDKK. A close partnership with the Head of Operations saw a successful execution of this task using end of life deals, repackaging of SKUs.
• OPEX savings of 5MDKK required to mitigate the costs of withdrawal from a product category.
• Cost down projects in partnership with R&D, product management and supply chain delivered at least 2MDKK positive net impact on annual earnings.

Copenhagen Area, Denmark

Business support and sparring partner to the Directors of the API Production & Site Engineering Services. Developed a sound understanding of the API Production value chain to control planning, costing and reporting processes, including MRP, batch production schedule, cost absorption model & product profitability.

Copenhagen Area, Denmark

Returned the division to profitability after two years and 300mDKK of losses. Presented, negotiated and executed two profitable annual budgets at board level.

Control of the implementation of the Focused and Structured Turnaround (FAST) that saw supply chain team reduced from 200 heads down to 50 and both forward and reversed logistics being outsourced. Finance support during the RFP stage and subsequent process implementation through SOP & SLA definition.

Master'S Degree, Chartered Accountant Ca

Bcom, Accounting & Economics