Summary
Overview
Work History
Education
Skills
Accomplishments
Career Summary
Leadership Style
Websites
Languages
Timeline
Generic

Peter Neilsen

Brisbane,Australia

Summary

Forward-thinking CFO and Controller with both public and private accounting and financial reporting experience.

Offering proven track record of exceptional accuracy in planning, forecasting, reporting and auditing.

Strong leader with calm presence and builds relationships across all organisational levels.

Skilled in managing shareholder, board member and international government relationships with excellent mediation and negotiation skills.

Overview

22
22
years of professional experience

Work History

Chief Financial Officer & Company Secretary

Lake Resources NL
Houston, Texas
01.2021 - 01.2023
  • As CFO I led all financial aspects of the Group's global operations through infancy to accelerate stable growth while leveraging foreign government negotiations to actualise legislated practices within all jurisdictions
  • The first steps required my significant experience and expertise to unravel the early system design within the business and re-build ERP systems that would deliver operations efficiently and cost-effectively with the highest quality of financial information and timely reporting to the Board
  • I prioritised clarity of risk analysis that was measured to inform the organization's risk exposure as we prepared to stand up the company
  • Given the global activity of the organisation I led teams located in multiple locations to perform the duties efficiently, often operating remotely with limited oversight, and across different time zones

Manager Finance

Porgera Joint Venture
, PNG
01.2020 - 12.2020
  • Company Overview: PNG
  • Through my role as Manager - Finance I led, managed and coordinated the financial reporting, budgetary, accounting and cost control activities according to relevant standards and legislation, and provided comprehensive strategic and operational advice as part of the Executive Management Team in these matters
  • Drive the operational and financial performance of the business, during a period of significant change
  • Lead and manage the delivery of high-quality accounting, cost control and procurement services
  • Managed the response of Barrick (Niugini) Ltd tax audit position paper (1.5 billion Kina) to the Internal Revenue Commission (PNG)
  • Managing the financial information that is being used in the proceedings to renew the special mining lease (SML) of the Porgera Joint Venture
  • Controlling the cash burn while the Porgera JV mine is in care and maintenance and liaising with the Joint Venture partners on the cash requirements
  • Manage and provide cost inputs into organisational-wide risk and change management processes and inputs into monthly and quarterly organisational-wide reporting including project cost data, cashflow, trend and variance analysis
  • Developed and maintained strong interpersonal relationships with internal and external stakeholders manage their expectations and priorities with the teams
  • PNG

Chief Financial Officer

Round Oak Minerals
Queensland, Australia
01.2014 - 12.2019
  • Company Overview: Queensland, Australia
  • Led the financial operations for the world's largest producer of export thermal coal and coking coal
  • Identified financial opportunities to address growth, guiding teams of fifteen members in the management of financial objectives
  • Led the administration of operations, orchestrated the development of budgets, and effectively expanded business services
  • Developed success planning to guarantee uninterrupted business operations by implementing internal controls, reporting procedures, and accounting systems
  • Oversaw all facets of shared services, utilising forecasting to enhance cash flow and enhancing joint venture cash calls with over $5B in revenue
  • Served as the project lead for a variety of initiatives that examined the impact of MRRT at four different locations
  • Queensland, Australia

Financial Controller

Xstrata Coal
Queensland, Australia
01.2007 - 12.2013
  • Company Overview: Queensland, Australia
  • Coached managers on capital justifications, operating expenditures, and contract negotiations, thereby increasing regional revenue through cost control and change management
  • Introduced cost-effective expansion opportunities to meet organisational requirements by implementing effective system changes in ERP
  • Developed and implemented annual reporting requirements that concentrated on statutory, joint venture, and tax returns
  • Implemented cost analysis and performance enhancements to decrease operational expenditures by over $100 million in 2012
  • Managed monthly deadlines for banking, shipping, accruals, BAS, and GL reconciliations, with fixed asset registers totalling over $3B, and organised financial account services
  • Queensland, Australia

Financial Controller

Ludowici Limited
, Australia
01.2006 - 12.2006
  • Company Overview: Australia
  • Australia

Corporate Accountant

Placer Dome Australia
Australia
01.2005 - 12.2005

Finance Manager

Cromwell Corporation Limited
Australia
01.2003 - 12.2004
  • Company Overview: Australia
  • Australia

Charted Accountant

BDO Kendall's
Australia
01.2001 - 12.2002
  • Company Overview: Australia
  • Australia

Education

Bachelor of Commerce - Accounting, Information Systems

Griffith University
Brisbane, Australia

Skills

  • Strategic Leadership Skills
  • Debt and Equity Capital Raising
  • Merger and Acquisitions
  • Investor Relations
  • Cash Flow Optimisation
  • Foreign Government Negotiations
  • ASX 200 Reporting
  • Risk Management
  • Strategic Planning & Analysis
  • Life of mine planning and forecasting
  • Strategic Workforce Planning and development
  • Team Building and Leadership
  • Budgeting
  • Forecasting

Accomplishments

  • A strategic and results-driven CFO with extensive expertise in financial leadership, operational excellence, and business transformation, dedicated to driving sustainable growth and maximising organisational value.

Career Summary

  • Lake Resources NL, Houston, Texas, Chief Financial Officer & Company Secretary, 01/01/21, 12/31/23
  • Porgera Joint Venture, Porgera, PNG, Manager Finance, 01/01/20, 12/31/20
  • Round Oak Minerals, Queensland, Australia, Chief Financial Officer, 01/01/14, 12/31/19
  • Xstrata Coal, Queensland, Australia, Financial Controller, 01/01/07, 12/31/13
  • Ludowici Limited, Australia, Financial Controller, 01/01/06, 12/31/06
  • Placer Dome, Australia, Corporate Accountant, 01/01/05, 12/31/05
  • Cromwell Corporation Limited, Australia, Finance Manager, 01/01/03, 12/31/04
  • BDO Kendall's, Australia, Charted Accountant, 01/01/01, 12/31/02

Leadership Style

As a reputable financial professional who is highly accomplished and results oriented, I build a culture of high expectations and enable high performance. I lead with presence in a high trust environment, as I influence others towards achieving clearly designed and articulated organisational goals. 

I bring a relentless focus on successful relationships with government, banking and industry partners to deliver high confidence to board members and shareholders through demonstrated growth. My strong imperative to lead collaboratively and empower teams through well designed organisational structures and effective communication delivers cohesive team commitment to streamline workflow and enhance productivity. 

Across my extensive career I have moved from being knowledge expert to deliver all aspects of financial management, commodity management and asset management to leading teams of knowledge experts to achieve this. Distributed, remote and shared leadership models are necessary while I model personal accountability for outcomes. Knowing the action points for instructional leadership and mentoring of system leaders has been purposeful in building the accountability of leaders across organisations. 

Wisdom and personal growth have enabled me to value the importance of building a strong and capable workforce to strategically deliver sustainable organisational outcomes aligned to the business strategic plan with all resources optimised.

Languages

Spanish
Limited

Timeline

Chief Financial Officer & Company Secretary

Lake Resources NL
01.2021 - 01.2023

Manager Finance

Porgera Joint Venture
01.2020 - 12.2020

Chief Financial Officer

Round Oak Minerals
01.2014 - 12.2019

Financial Controller

Xstrata Coal
01.2007 - 12.2013

Financial Controller

Ludowici Limited
01.2006 - 12.2006

Corporate Accountant

Placer Dome Australia
01.2005 - 12.2005

Finance Manager

Cromwell Corporation Limited
01.2003 - 12.2004

Charted Accountant

BDO Kendall's
01.2001 - 12.2002

Bachelor of Commerce - Accounting, Information Systems

Griffith University
Peter Neilsen