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Scott McDermott is a senior finance executive with 20 years of progressively increasing worldwide responsibility for financial management of major companies. He brings a proven track record in transformational change, team leadership, and business process improvement. As a seasoned chartered accountant, he has expertise in all matters pertaining to the running of a global finance team for a U.S. publicly traded company, including experience and knowledge of U.S. GAAP, IFRS, IPOs, SEC reporting, and forecasting. What sets him apart is his global experience. He is currently based in the United States and has previously overseen financial management of NETGEAR’s Europe, Middle East, and Africa operations. Whether at home or abroad, he excels at leading large, complex international organizations to consistently deliver outstanding results.
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Chief Financial OfficerSogelink Nov 2024 - PresentLyon, Fr -
Chief Accounting Officer (Cao)Cornerstone Ondemand Aug 2022 - Nov 2024Santa Monica, Ca, UsDeputy to the CFO from July 2022, the teams under my responsibility are Accounting, Financial Planning & Analysis, Treasury and Tax (170 people). Effective April 2024, additionally assumed the Interim CFO role• Delivery and execution on key business initiatives• Transformation of the global Accounting, Financial Planning & Analysis and Tax and Treasury teams• Implementation of Oracle ERP and Oracle planning to uplevel reporting & financial planning processes• External reporting and debt compliance process• Assisted Corporate Development with M&A activity• Liquidity & Treasury management• Investor relations management & participation in investor calls -
Vp Finance & Corporate ControllerNetgear Aug 2018 - Sep 2022San Jose, California, Us14 year journey from staff accountant to number 2 to CFO, responsible for WW Accounting and Treasury• Regularly present insightful analysis to the Audit Committee and Board of Directors• Preparation of quarterly investor materials, drafting CEO and CFO call scripts and assisting Executive leadership in annual analyst day presentations. Attendance at buy side analyst conferences and call backs• Responsible for key initiatives with respect to the IPO of Arlo Technologies, a divisional spin off of the company. The IPO raised gross proceeds of $200M with $1.4B market cap on the NYSE• Management of Treasury function ensuring balanced operational cashflow needs alongside capital return program • Forge strong relationships with external auditors to ensure approval of reviews and annual audits -
Senior Director & Assistant ControllerNetgear Feb 2016 - Jul 2018San Jose, California, Us -
Financial Controller, EmeaFitbit (Now Part Of Google) Sep 2015 - Feb 2016San Francisco, California, Us• Built the finance team from the ground up by hiring talent to operationalize the business and financial functions.• Established the EMEA International Finance and Support functions and submitted EMEA financial package to HQ Finance.• Proactively supported business initiatives involving pricing, system enhancements, office search, and company staffing. -
Director, Finance - InternationalNetgear Jul 2011 - Aug 2015San Jose, California, Us• Expanded regional business operations across key growth territories by establishing legal entities in Europe, the Middle East, and Africa (EMEA). Took on oversight and responsibility for operations in the Asia-Pacific region.• Promoted retention and development of junior accounting staff by implementing a graduate training program.• Facilitated the winning of a significant multi-year, $5M+ customer contract by leading efforts to establish and execute a novel third-party vendor leasing arrangement to enable the sale.• Harmonized terms of all distribution partners by developing and rolling out a pan-European distribution program.• Ensured regulatory compliance with VAT and income tax in each EMEA jurisdiction and fulfilled statutory reporting requirements for all legal entities in EMEA. Liaised with HQ to perform VAT compliance reviews and manage VAT audits.• Implemented innovative process improvements, including development of new tools for processing invoices and receipts and roll-out of Enterprise Resource Planning system updates.• Bolstered HQ’s ability to monitor budgets by preparing and submitting accurate monthly and quarterly reports.• Negotiated and implemented customer foreign exchange pricing reset clauses to minimize foreign exchange volatility. -
Emea Financial Accounting ManagerNetgear Jan 2008 - Jul 2011San Jose, California, Us• Managed the General Ledger group across multiple countries (France, Germany, Ireland, Russia, and the Netherlands).• Directed and led the Credit and Collections Team for the EMEA region, providing guidance and team management.• Provided evolving and ad hoc support to the EMEA Finance Director, enabling leadership to handle a wide array of issues related to cash forecasting, customer contract negotiations, and financial analysis. -
Assistant ManagerPwc Nov 2003 - Dec 2007Gb• Oversaw audits as the day-to-day field lead, managing the team at the client site and interacting with the client.• Facilitated smooth completion of significant audits involving major stock exchange subsidiaries in a wide range of industries, including the pharmaceutical and technology sectors. • Completed secondments (job rotations) to the Dublin and Montreal offices to expand operational knowledge.
Scott Mcdermott Skills
Scott Mcdermott Education Details
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Institute Of Chartered Accountants Ireland (Icai)International Financial Reporting Standards (Ifrs) -
Institute Of Chartered Accountants Ireland (Icai),U.S. Generally Accepted Accounting Principles (Gaap) -
Institute Of Chartered Accountants Ireland (Icai)Chartered Accountancy -
University College CorkAccounting
Frequently Asked Questions about Scott Mcdermott
What company does Scott Mcdermott work for?
Scott Mcdermott works for Sogelink
What is Scott Mcdermott's role at the current company?
Scott Mcdermott's current role is Chief Financial Officer.
What is Scott Mcdermott's email address?
Scott Mcdermott's email address is sm****@****ear.com
What is Scott Mcdermott's direct phone number?
Scott Mcdermott's direct phone number is +49 89 4524*****
What schools did Scott Mcdermott attend?
Scott Mcdermott attended Institute Of Chartered Accountants Ireland (Icai), Institute Of Chartered Accountants Ireland (Icai),, Institute Of Chartered Accountants Ireland (Icai), University College Cork.
What skills is Scott Mcdermott known for?
Scott Mcdermott has skills like Revenue Recognition, Financial Reporting, Accounting, Financial Analysis, Financial Audits, Financial Accounting, Sarbanes Oxley Act, Internal Controls, Us Gaap, Auditing, Managerial Finance, Gaap.
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