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Penny Shield
Partner at EY
Professional Background
Penny Shield is a highly regarded Partner in EY’s Consulting practice, where she specializes in Internal Audit, Risk, and Governance. With a wealth of experience spanning over 25 countries and several key leadership roles, Penny brings unparalleled expertise to her field. Having held significant positions in various organizations, her career showcases her dedication to excellence and her commitment to driving positive organizational change. Throughout her journey, she has successfully managed complex audits and pioneered governance frameworks that enhance the efficiency and effectiveness of operations.
Penny's professional journey is marked by her extensive work experience in prominent global firms, including her time as a Partner at Ernst & Young, which solidified her reputation as a trusted advisor in the areas of audit and risk. Additionally, her tenure as a Senior Accountant at PwC provided her with a robust foundation in financial best practices and consulting.
Having been based in countries such as Australia, Russia, and Ireland, Penny has not only gained a diverse cultural perspective but has also honed her ability to navigate different regulatory environments, making her an astute leader in global consulting. These experiences have equipped her with a unique skill set that includes a deep understanding of both strategic risks and operational efficiencies.
Education and Achievements
Penny Shield's educational background is impressive, having studied at esteemed institutions in Australia. She is a Fellow of the Institute of Chartered Accountants and has completed her certification as a Certified Internal Auditor through the Institute of Internal Auditors Australia (IIA). Penny holds both a Bachelor of Arts (B.A.) in Music and a Bachelor of Commerce (B.Com.) in Accounting from The University of Queensland, showcasing her dual passion for the arts and business.
In addition to her formal education, Penny has pursued further studies through the Australian Institute of Company Directors, which has equipped her with governance knowledge critical for her role in consulting. Furthermore, her Six Sigma Green Belt certification reflects her commitment to process efficiency, allowing her to implement strategies that significantly enhance operational performance.
Throughout her career, Penny has held numerous board positions that have allowed her to blend her professional acumen with her passion for the community. Notable roles include serving as a Director at Brisbane Powerhouse, where she contributed to the arts and culture sector. Additionally, she has been involved in various audit committees, including the Finance and Audit Committee at Cancer Council Queensland and as an Audit Committee Member at AusCycling.
Notable Contributions
Penny Shield's professional contributions go beyond her roles in organizations; she embodies leadership and advocacy for both her industry and the community. Serving as a Board Member at the Brisbane Writers Festival, she has supported local artists and writers, promoting creativity and literary culture.
Penny has made significant contributions to the cycling community as well, evidenced by her time as a Director at Cycling Australia. Her efforts have supported the governance framework of the sport, ensuring the association operates with integrity and transparency.
Her commitment to internal audit and risk management enables organizations to achieve not only compliance but also to adopt a culture of proactive risk assessment and management. Penny’s guidance has propelled her clients towards achieving sustainable growth while maintaining ethical and compliant practices.
Achievements
Throughout her illustrious career, Penny Shield has achieved numerous accolades and acknowledgments within her field. Her professional qualifications, including her Fellowship at the Institute of Chartered Accountants and certification as an Internal Auditor, uniquely position her as a leading expert in governance and audit practices. Furthermore, her Six Sigma Green Belt certification highlights her continuous pursuit of professional development and process improvement.
Penny’s international experience has also allowed her to publish insights on risk management and governance practices, emphasizing her thought leadership in the industry. Her work has facilitated organizations in successfully navigating complex regulatory landscapes and optimizing their internal audit functions.
In summary, Penny Shield is a luminary in the consulting world, known for her extensive background in internal audit, risk, and governance. Her dedication to her profession, extensive expertise, and commitment to community make her a valuable asset not only to her clients but also to the broader business landscape.