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Peter Prest personal email
My career has focused on strategic planning, corporate performance, decision-critical information provision and the underlying organisational structures and systems that support this environment. I have broad commercial, general management and non-executive director experience in large and complex organisations in Australia, United Kingdom and New Zealand across a range of industries. I currently lead the Finance Branch at The University of Adelaide in the Australian Higher Education sector.My skills and experience are complemented by a philosophy of building high performing teams in a continuous improvement culture and providing structure and clarity around operational and strategic decisions. I have been involved in numerous change management initiatives including implementations of Enterprise Resource Planning (ERP) systems, the re-engineering of organisation-wide systems and processes and the alignment of organisational capabilities and structures.Specialisations:Strategy Development and ExecutionCorporate Financial SustainabilityBenchmarkingProcess and Systems Re-engineeringChange ManagementHigher Education SectorCertified Enterprise-wide Risk Manager
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Non-Executive DirectorNovita Sep 2022 - PresentHindmarsh, South Australia, AuNovita is one of South Australia’s largest and most respected community-based disability service organisation supporting kids, young people and adults.Founded in 1939, Novita supports people living with disability through our four service pillars of Therapy, Accommodation, Community Programs, and Assistive Technology. -
Finance Committee MemberNovita Sep 2022 - PresentHindmarsh, South Australia, Au -
Chief Operating OfficerUniversity Of Adelaide Feb 2023 - PresentAdelaide, South Australia, AuThe COO is responsible for leading the Division of University Operations and the delivery of core enabling functions for the University. Included in the portfolio are Human Resources, Infrastructure, Legal Services, Integrity Unit, Information Technology, Planning & Analytics, Finance, Legal Services, Risk Services, Sustainability and the Project Management OfficeThe COO is a member of the Vice-Chancellor Group and Chair of the Planning & Budgeting Committee, Capital Development Committee, and Major Projects Committee. As a management representative, the COO attends meetings of the University Council, Risk Committee, People and Culture Committee, and Finance Committee. -
Board Member - Innovation And Commercial Partners Pty LtdUniversity Of Adelaide May 2022 - PresentAdelaide, South Australia, AuInnovation & Commercial Partners Pty Ltd (ICP) is a wholly owned entity of the University of Adelaide. ICP supports and manages equity investments in 'early stage' start-up and spinout companies, for the benefit of the University of Adelaide. -
Chief Financial OfficerUniversity Of Adelaide May 2022 - Jan 2023Adelaide, South Australia, AuThe CFO is responsible for strategic procurement services, financial management, management accounting & reporting and finance transaction support services to the University and its controlled entities. The role is responsible for the oversight of the University's $1 billion annual operating budget, $100M capital budget, $400 million investment portfolio and $2.3 billion asset base.The CFO is a member of the Vice-Chancellor’s Executive and the Planning & Budgeting Committee and attends meetings of the University Council and Finance Committee as a management representative. -
Board MemberSace Board Of South Australia Jul 2018 - PresentThe SACE Board of South Australia is an independent statutory authority of the South Australian Government.It is responsible for the accreditation of subjects, the recognition of learning, and the assessment of student learning that contribute to meeting the completion requirements of the South Australian Certificate of Education (SACE).
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Chair Of Planning, Finance And Performance CommitteeSace Board Of South Australia Jan 2014 - Present
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Chief Financial OfficerUniversity Of South Australia Apr 2015 - Mar 2022Adelaide, South Australia, AuUniSA has a turnover of over $700 million, Total Assets of $2 billion, 38,000 students over 5,000 employees which equates to approximately 2,800 FTE.The central Finance Unit of the University that I led has approximately 100 staff members (80 FTE) and manages: Financial and Management Reporting, Operational Finance, Corporate Finance and Treasury, Accounts Payable and Accounts Receivable, Corporate Credit Cards, Procurement, Travel, Insurance, Student Load Planning, international and domestic tax, commercial support and financial information systems.The Finance Unit has deliverd a number of key initiatives for the University including:• Full re-implementation and reconfiguration of the University’s enterprise finance system (TechnologyOne Financials)• Re-engineering of all major finance processes• Implementation of the University’s budget framework, incorporating Gross Revenue and Net Result• Implementation of Activity Based Costing for Courses and Programs• Development of an University-wide integrated Budgeting and Forecast system• Designed, developed and implemented a new integrated research project budgeting and billing system• Led the financial due diligence for the 2018 merger discussions with The University of Adelaide -
Director: FinanceUniversity Of South Australia Sep 2005 - Mar 2015Adelaide, South Australia, AuPromoted to Chief Financial Officer in April 2015 after assuming line reporting responsibility for Division (Faculty) finance teams -
Non Executive DirectorSouth Australian Tertiary Admissions Centre (Satac) Jul 2017 - Feb 2022Adelaide, South Australia, AuThe South Australian Tertiary Admissions Centre Limited (SATAC) is incorporated as a company limited by guarantee under the Corporations Act 2001 (cth). SATAC processes applications for many of the courses offered by participating institutions - TAFE SA, the three universities in South Australia (Flinders University, The University of Adelaide and University of South Australia) and Charles Darwin University in the Northern Territory.SATAC assesses the academic and non-academic qualifications presented by applicants, and ranks eligible applicants in merit order for each course according to the rules and guidelines provided by the institutions.SATAC generates offers based on the number of applicants required to fill each course, as set by the institutions, and act as a 'one-stop-shop' for enquiries about the outcomes of applications.SATAC also administers the Special Tertiary Admissions Test (STAT) for applicants applying for undergraduate courses under a special entry program. -
Chair Finance, Risk And Audit CommitteeSouth Australian Tertiary Admissions Centre (Satac) Jul 2017 - Feb 2022Adelaide, South Australia, Au -
Chair Of The Legal Working GroupUniversity Procurement Hub Jul 2016 - Feb 2022
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Co-Founder And Executive Board MemberUniversity Procurement Hub Apr 2016 - Feb 2022The concept of the University Procurement Hub (UPH) was devised in 2013 with the idea to provide a platform that revolutionised how universities across Australia could source goods and services to meet their unique requirements — delivering direct savings to support the continuing excellence that’s the trademark of Australian higher education.Supported by Accenture, the UPH became operational in 2016 as an innovative way of delivering core procurement services by aggregating purchasing power across 20 participating universities.
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Non Executive DirectorUnisa Health Pty Ltd Mar 2011 - Feb 2022UniSA Health Pty Ltd is wholly owned by the University of South Australia (UniSA). The core business of UniSA Health is to contribute to quality teaching by the provision of clinical placements to undergraduate and postgraduate students in private allied health clinics and to provide high-quality patient care and health prevention/promotion services to UniSA staff, students and the general public.
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Member Of The Supervisory BoardCancer Research Institute Jul 2018 - Jan 2020The Institute Board will guide and provide advice on strategic matters, including the effective management of the Institute, and its contribution to the University of South Australia's strategic research objectives -
Member Of The Supervisory BoardFuture Industries Institute Sep 2018 - Dec 2019The mission of the University of South Australia's Future Industries Institute is the creation of new industries through discovery and collaboration: to transform the industries of today by supporting them to embrace the disruptive technologies that will create sustainable industries of the future
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General Manager: Accounting & AdministrationHills Industries Limited Apr 1995 - Sep 2005I was General Manager: Accounting & Administration for the Home & Hardware Products Division (Australia and NZ) of Hills Industries Limited. This Division included international brands such as Hills, Bailey and Oldfields (ladders), Kelso (wheelbarrows), Triton (woodworking equipment) and Alquip (scaffolding).Responsibilities as General Manger: Accounting & Administration included:Financial Analysis, Decision Support, Business Intelligence & Reporting; Developing and Leading the Annual Budgeting Process; Human Resources Function - including Performance Management & Salary Packaging; Strategic Planning - Developing, Facilitating and Executing Strategic Planning for the Division; Information Systems & Technology; Acquisition Due Diligence; and Price & Margin Management Support.
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Financial ControllerSchenker Uk May 1993 - Oct 1994Schenker Limited is an international freight forwarder. The UK company had a turnover of $70 million and 211 employees. It reports to its ultimate German parent entity, Veba AG, which has a turnover of $59 billion.Schenker was divided into two internal reporting divisions: Eurocargo, which deals in European surface transport and fairs and exhibitions, and International, which deals in worldwide airfreight, deep-sea traffic, and special heavy-lift projects.I worked as a consultant for the company for eight months before being promoted to the permanent position of Financial Controller on 1 January 1994. I reported to the Chairman and performed the following functions:• Preparing detailed monthly management accounts and monthly reporting to the German Head Offices• Liaising with operational departments to improve gross profit reporting• Planning and performing year-end accounting procedures and preparing schedules, consolidations and annual financial statements for external auditors• Preparing monthly forecasts and yearly budgets for operations departments and overhead cost centres• Assisting in the preparation of capital expenditure requests• Training staff in Microsoft Windows, Microsoft Excel and Word for Windows• Assisting in implementing new IBM AS/400 accounting software and hardware• Reviewing IT internal controls and the accounting control environment
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Non Executive DirectorPrests Limited Jul 1991 - Apr 1994Prests Limited was an ASX-listed department store chain with stores in Port Pirie, Port Augusta and Booleoroo Centre. The company was subject to a friendly reverse takeover in 1994.
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Audit SupervisorErnst & Young - London, Uk Sep 1990 - Apr 1993London, GbThe second largest professional services firm in the world, auditing a quarter of the world's top 1,000 companies. The firm had over 7,000 staff in the UK.I was originally transferred for 18 months to London from the firm’s Adelaide office as an Audit Senior, being promoted to Supervisor in my second year. I remained with the London Office for a further year. I was primarily involved with large property, manufacturing, oil and gas clients with up to $5 billion turnover. Three of my clients were Financial Times top 100 companies. My major audit clients included Blue Circle Industries PLC, Elf Oil Limited, Abu Dhabi Petroleum Company Limited, Ladbrokes PLC (Property Division), Lucas Industries PLC (After-market operations), Schenkers Limited and Atlas Navigation Limited.The non-audit related work I performed included:• Secondment to Securities Investment Board - London (equivalent to ACCC) to investigate claims against SIB members selling Home Income Schemes• Litigation support assignments preparing loss of profits claims for Ernst & Young as expert witnesses• Selection of graduates for employment with Ernst & Young• Preparation and presentation of in-house training sessions -
Audit SeniorErnst & Young - Adelaide Feb 1987 - Mar 1990London, GbI qualified as a chartered accountant with Ernst & Young, Adelaide before being seconded to the firm’s London Office. Major audit clients included BHP (Whyalla), Mobil Oil Australia Limited, Pasminco Limited (Nyrstar Port Pirie), Castrol, Sapfor Radiata Pine (Mt Gambia), CMV Ltd, Baulderstone Hornibrook and Harris Scarfe.
Peter Prest Skills
Peter Prest Education Details
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The Asia Risk Management Institute, SingaporeCertified Enterprise-Wide Risk Manager -
Harvard Business SchoolExecutive Education -
Australian Institute Of Company DirectorsGaidc -
University Of AdelaideMasters Of Business Administration (Advanced) -
Chartered Accountants Australia And New ZealandAccounting -
University Of South AustraliaAccounting
Frequently Asked Questions about Peter Prest
What company does Peter Prest work for?
Peter Prest works for Novita
What is Peter Prest's role at the current company?
Peter Prest's current role is Chief Operating Officer and Non-Executive Director.
What is Peter Prest's email address?
Peter Prest's email address is peter.prest@ey.com
What schools did Peter Prest attend?
Peter Prest attended The Asia Risk Management Institute, Singapore, Harvard Business School, Australian Institute Of Company Directors, University Of Adelaide, Chartered Accountants Australia And New Zealand, University Of South Australia.
What skills is Peter Prest known for?
Peter Prest has skills like Strategy, Change Management, Management, Financial Analysis, Business Strategy, Forecasting, Strategic Planning, Business Process Improvement, Budgets, Due Diligence, Project Management, Accounting.
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