Thomas Castenschiold Email & Phone Number

Smørum, Dk

Copenhagen, Dk

- Right hand for the divisional CFO covering more than 15 countries and with annual turnover of more than 5 billion DKK for the Logistics Division- Responsible for the forecasting process- Together with 3 other divisional controllers and business analysts performing internal management reporting, controlling of business activities and sharing best practices- Ensuring continued development of SAP-BPC, BI and Tableau reporting- Through analysis of operational and financial data, identifying and articulating the need for improvements throughout the businesses- Proactively driving change and efficiency improvements- Participating in turnaround of challenged business activities- Ensuring integration of new acquisitions on all finance related matters- Monitoring CAPEX and following-up on business cases

Ballerup, Capital Region, Dk

Time limited employment at Nets with following key responsibilities: - Supporting the group function on IPO preparedness i.e. ensuring readiness in case decision is taken to list the company- Preparing consolidated accounts for holding companies complying with IFRS standards and ensuring finalization including audit coordination- Simplifying financial processes and improving control- Ensuring effective cash management including optimization of clearing working capital.

Geneva, Ch

- Right hand for the Regional CFO covering 16 countries (among other Scandinavia, Baltics, Russia and Central Asia) with regional turnover of more than one billion USD and approx. 750 employees engaged in container shipping (Mediterranean Shipping Company is the world's second largest shipping company)- Stakeholder management towards country management, regional resource center, regional CFO and CEO, board, head office, banks, auditors and others- Providing leadership to finance staff- Ensuring risk management of the business and activities- Ensuring that accounts, consolidation and reporting are up to date, accurate and in excellent quality- Ensuring proactive control and follow-up on financial results and reporting to the group- Ensuring optimal corporate setup and compliance with local legislation- Ensuring effective cash management including optimization of the working capital

Copenhagen, Dk

- Functional lead for Fixed Assets representing a double-digit USD billion monetary value- Responsible for setting guidelines and to drive control improvements, transparency and efficiency in processes as well as the basic compliance with accounting standards- Serve as business support for “invested capital” review with overall purpose to optimize return on investment (ROIC) and coordinator with Operation and Strategy on investments (asset additions, asset modifications and asset disposals) - Engaged in setting partnership agreements with key terminal service providers to change from service agreement to longer term partnership with control and risk transfer (finance lease contracts)- Engaged with the international accounting standard boards (IASB) to influence the new leasing standard- Have accomplished to drive the functional area to a level where the controlling of fixed assets have been outsourced to shared service center in India on top of the already outsourced transactional tasks - Have improved the effective use of the ERP system (SAP) within the area hereunder also adding the SAP process control tool enabling automated workflows with documented review and sign off

Copenhagen, Dk

- Responsible for management reporting (monthly report, budget, rolling forecast, quarterly performance reporting and ad hoc reports for management) as well as financial presentations- Led a high performance specialized reporting team of 5 FTE’s- Improved the presentation material for quarterly performance meetings with the Group and supported the Maersk Line CFO in the performance review meetings- Contributed to the increased openness and additional publication of financial information by Maersk where I, and my team, wrote the Maersk Line text input for the external interim reporting’s to the stock market in coordination with Investor Relations and Group Accounting- Led the implementation of rolling forecasting (beyond budgeting) in Maersk Line which involved a significant change in mindset and processes as compared to former budget process and has improved the dynamics of business decisions to utilize opportunities and mitigate challenges- Supported the successful turn-around for Maersk Line starting with the “StreamLine” program in 2008 in terms of delivering financial transparency, deep dive analysis, customized reports and presentations for the various initiatives. This involved a high exposure towards range of stakeholders with my team acting as first entry for financials. - Established “one set of figures”- Have built competencies for multiple team members to understand and explain financials in a concise and understandable manner, analyze developments and tie these together with the underlying business drivers, separate “noise” from real driving factors and communicate the key points effectively- Implemented operating system for all major reporting processes which improved overview, ownership, planning, resource allocation, time management (including meeting coordination) and mitigation of critical dependencies

Copenhagen, Dk

- Responsible for reporting billion dollar vessel cost base consisting of bunker (fuel), port cost, ship management cost, time charter (leasing), capital cost, gain/loss and tonnage tax- Responsible for business support for Operation on vessel related financials- Established and led a vessel reporting team of 4-5 FTE’s with priority assignment to handle vessel related matters of a merger of two liner companies (following the acquisition of a key competitor, P&O Nedlloyd)- Used best endeavors to cash in on benefit realization of the merger and shared key learnings and financial consequences from the emerged challenges - Performed vessel investment calculations and evaluation prior to submission of business cases, hereunder the executed billion dollar investment in purpose build vessels for South America and West Africa trades

Gelang Patah, Johor, My

- CFO in a company with USD 400m turnover, 1000 FTE’s and in charge of 18 FTE’s in finance- In addition to CFO role also acted as shareholder representative in this joint venture with 30% owner share by APM Terminals- Stakeholder management in a complex environment with different agendas and objectives- Carried through financial calculation and business case for a successful expansion of the terminal by 25%- Obtained additional external funding and negotiated loan terms- Engaged in the local Board meetings and regional CFO meetings within Maersk

Kongens Lyngby, Dk

- Responsible for investment calculations and financial related input to business cases for drilling rigs, drilling ships, LNG ships and FPSO’s. - Performed risk review before bid submission on drilling contracts in tender and provided comments for all finance related matters of the contracts- Created and maintained risk catalogue towards group- Engaged in multiple contract negotiations headed by Legal- Engaged with funding options for new Investments

Kongens Lyngby, Dk

- CFO in a company with USD 100m turnover, 800 FTEs and in charge of 25 FTEs in finance- Responsible for AP, AR, Treasury, Reporting, Tax, Payroll, Admin and IT.- Responsible for board meeting material, board minutes and general follow-up on board meeting actions- Enabled increased efficiency, ownership and structure within finance department hereunder reduction of head count by 35% to 16 FTEs - Performed good stakeholder management with challenges in collection of receivables from state owned Oil Company (PDVSA) and cultural challenges in dealing with Chinese and American oil companies. This combined with a troublesome business environment on the vendor side, strong unions on the labor side and overall management requirements from head office in Denmark.

Kongens Lyngby, Dk

- Lead in all standard financial reporting and managed to significantly improve transparency, quality and timeliness - Lead in local implementation of the company chosen change of accounting system to CODA- Actively engaged in obtaining 9001 certification

Kongens Lyngby, Dk

- Responsible for cost controlling for the various business activities- Contributed to monthly reporting, budget and yearly book close - Performed ad hoc financial analysis

Msc In Corporate Finance And Management Accounting

Master Of Business Administration (Mba), Exchange Program On 2Nd Year Mba Study Taking During Masters At Cbs

Bsc In Economics And Business Administration

Captain (Reserves)