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Paul Smith has extensive work experience in various financial roles. Paul started their career as a Senior Financial Analyst at BHPBilliton in 1995 and worked in different positions within the company, including Manager Finance Operations - Iron Ore and Business Development Manager - Carbon Steel Materials. Smith then became the CFO at Tigers Realm Coal, Golding Contractors Pty Ltd, and Karara Mining Ltd. Paul also served as the CFO and Company Secretary at William Adams Pty Ltd. Throughout their career, Smith has gained experience in financial analysis, business development, and managing mining operations.

Paul Smith attended the CPA Australia Program from 1993 to 1994 and earned a CPA certification. Paul then pursued a Bachelor of Commerce (B.Com.) degree in Business/Managerial Economics from the University of Melbourne, completing it from 1983 to 1988. In 2021, they furthered their education by enrolling in the Australian Institute of Company Directors and obtained a GAICD degree.