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    Glen Skarott

    Executive Director and Head of Finance at Macquarie Group

    Professional Background

    Glen Skarott is a seasoned finance professional with extensive experience in diverse financial institutions, currently serving as the Executive Director and Head of Finance at the Macquarie Group. With a robust career spanning over two decades, Glen has honed his expertise in Financial Control, Statutory and Regulatory Reporting, and Finance shared services. His career began at PwC in Australia, where he first developed his foundational skills in accounting, before moving to London in 1998 to fully immerse himself in the finance industry. Glen's time at Macquarie Group, which he joined in 2007 after returning to Australia, has been marked by significant contributions to the Finance Division, including leadership roles where he successfully implemented various significant financial projects.

    Glen's current role as Head of Finance encompasses overseeing the delivery of critical financial functions such as Financial Control, Corporate Reporting, Tax Reporting, Regulatory Reporting, and business advisory services. Under his guidance, the Finance division operates across 28 locations globally and comprises a team of over 1000 professionals, showcasing Glen's leadership and project management acumen. His vision and strategic initiatives have played a vital role in enhancing the operational efficiency and effectiveness of the division, ensuring compliance with various regulatory demands while driving financial success for the Macquarie Group.

    Education and Achievements

    Glen Skarott's educational foundation is rooted in commerce, having pursued a Bachelor of Commerce (BCom) at James Cook University. This academic background provided him with the analytical skills and financial knowledge imperative for a successful career in finance. His continuous professional development is reflected in his designation as a chartered accountant, underscoring his commitment to maintaining high standards of financial and accounting practices.

    Over the years, Glen has held several prestigious positions that have contributed to his professional journey. Before his influential role at Macquarie Group, he made a significant impact at Bear Stearns as Managing Director and at Credit Suisse First Boston as Vice President. These roles allowed him to develop a comprehensive understanding of the financial markets and further refine his expertise in financial reporting and controls. His experience at PricewaterhouseCoopers (PwC) as an Accountant equipped him with strong accounting principles, which have been instrumental in navigating the complex landscape of financial regulations and reporting throughout his career.

    Achievements

    Throughout his tenure in the finance sector, Glen has accomplished a multitude of objectives that have bolstered the financial integrity and performance of the institutions he has led. His leadership at Macquarie Group has seen him spearheading numerous projects designed to enhance financial reporting systems and improve compliance standards. These initiatives not only improved operational workflows but also positioned the organization favorably in the competitive finance market. As Glen continues to lead with innovation, his contributions remain crucial to the ongoing success of the Finance Division at Macquarie Group.

    Related Questions

    How did Glen Skarott develop his expertise in financial control and regulatory reporting?
    What innovative projects has Glen Skarott implemented at Macquarie Group that have significantly improved finance operations?
    What insights can Glen Skarott share from his experience working in both Australian and international financial environments?
    In what ways has Glen Skarott's leadership influenced the growth of the Finance Division at Macquarie Group?
    How did Glen Skarott transition from being an accountant at PwC to an Executive Director at Macquarie Group?
    Glen Skarott
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    Location

    Brisbane, Queensland, Australia