Shane Cagney Email & Phone Number

Woorinen, VIC, AU

Melbourne, Victoria, Australia

• Major Achievements (January 2022 – Present)
• Return to AVS: Rejoined the organisation, successfully reinstating previous achievements and setting new benchmarks.
• Consistent Financial Integrity: Delivered consecutive clean audit reports and budgets for each financial year ensuring compliance and transparency.
• Intangible Asset Management: Enhanced the treatment of intangible assets in accordance with AASB standards, refining financial reporting.
• Leadership Transition: Acted as CEO from July to December 2023, managing dual responsibilities while overseeing the SSA-PastureSmarts investment project.
• Governance Realignment: Reassessed and optimised financial governance frameworks, long-term investment strategies, and profitability forecasts to enhance organisational performance.

Melbourne, Victoria, Australia

• PastureSmarts provides a digital solution for dairy farmers, enhancing pasture management and increasing profitability through automated analysis.Major Achievements
• Startup Development: Spearheaded the development and commercialisation and launch of the PastureSmarts web application.
• Investment Acquisition: Secured $6 million in startup investment from the AVS Board, demonstrating customer demand and willingness to pay.
• Business Establishment: Incorporated the startup, establishing critical corporate governance and financial frameworks.
• Business Development: Created the inaugural budget tied to AVS investment tranches and led recruitment efforts for key roles within the startup.

Melbourne Australia

• Phytogene focuses on the commercialisation of transgenic technologies aimed at enhancing crop yield and sustainability.Major Achievements
• Board Leadership: Appointed chair of the board of directors, guiding strategic direction and oversight.
• Equity Investment: Successfully raised equity funding as the company advances through research phases.
• Strategic Planning: Developed annual business plans, budgets, and commercialisation strategies to drive growth and innovation.
• Negotiations: Negotiated lab and field trials with a large seed-growing company, advancing research objectives.
• Financial Integrity: Consistently delivered clean audit reports and budgets annually.

Melbourne, Victoria, Australia

Left AVS and served TCC & CTRC returned to AVS after assistance at both councils following significant flood events

Melbourne, Victoria, Australia

• Major Achievements (October 2016 – April 2019)
• Financial Management Enhancement: Significantly improved AVS financial management systems, board relations, and corporate culture.
• Integrated Governance Framework: Developed a comprehensive governance framework including a 4-year Corporate Plan and a refined Long-Term Financial Strategy.
• Compliance Framework Implementation: Established a Financial Management Compliance Framework to improve governance and streamline reporting processes.
• IT Project Leadership: Successfully led the largest IT project in a decade, delivering enhanced systems and automation for budgeting and reporting.
• Employment Contract Negotiation: Streamlined employment conditions resulting in consistent contracts across the organisation.

Charters Towers, Queensland, Australia

• Led financial governance within Charters Towers, workforce of 250, maintaining assets valued at $500 million and an annual turnover of $70 million.Major Achievements:
• Funding Acquisition: Secured essential funding for asset renewals and flood damage repairs during severe flooding events.
• ERP System Implementation: Successfully delivered the TechnologyOne ERP project on time and on budget, marking the largest non-infrastructure project in Council history.
• Financial Performance Enhancement: Developed comprehensive strategies to improve financial performance understanding and reporting across all levels of management.
• Audit Process Improvement: Streamlined annual financial statement preparation and audit processes, effectively resolving prior audit criticisms.
• 5-Year Finance Strategy: Crafted a strategic 5-year Finance Strategy aimed at enhancing long-term financial sustainability and repairing the Council's financial position.

Townsville, Australia

• Oversaw financial operations for Townsville City Council, the largest city outside Southeast Queensland, staff of 1,700 delivering essential services to a population of 190,000. The Council’s assets were valued at $4.8.
• Asset Renewal Support: Provided significant financial oversight and support for asset renewal and flood damage funding initiatives following severe flooding events.
• 5-Year Financial Strategy: Developed a forward-looking 5-year Finance Strategy to improve overall financial sustainability and health.
• Debt Restructuring: Successfully renegotiated substantial debts with Queensland Treasury Corporation, optimizing the use of financial resources.
• Measurable Planning: Restructured the 5-year Corporate Plan and annual Operational Plan to emphasize measurable outcomes and performance tracking.
• Water Pricing Model: Designed a comprehensive water pricing model, an essential step towards achieving financial sustainability.

Warragul, Victoria

• Baw Baw Shire Council is a growing peri-urban community serving 50,000 residents with an annual budget of $100 million and assets valued at $500 million. During my tenure, I led a team of 70 dedicated professionals and.
• Financial Sustainability: Developed and executed a comprehensive financial management review resulting in long-term financial stability and the initiation of a five-year recovery strategy.
• Corporate Planning and Reporting: Established vital frameworks such as the 4-year Council Plan, the first integrated Business Plan, Annual Budget, and a 10-year Long Term Financial Strategy for enhanced transparency.
• IT Project Leadership: Successfully led the Core System Renewal Project, significantly upgrading the Council's operational capabilities, including improvements in budgeting, reporting, procurement, and GIS functionality.
• Workplace Culture Transformation: Improved workplace culture by aligning it with corporate values and fostering an environment of approachability and trust, earning the confidence of staff and stakeholders alike.
• Employee Relations: Successfully negotiated the 2014-2016 Enterprise Bargaining Agreement (EBA) and built effective relationships with all levels of staff, councillors, and union representatives.

Queensland, Australia

• McKinlay Shire Council is located in North West Queensland, with an annual budget of $40 million, employing 100 staff, and managing assets valued at $250 million.Major Achievements:
• Leadership Transition: Transitioned from a client relationship with the Queensland Treasury Corporation to CEO of the Council, allowing my family to experience the unique lifestyle of the Australian outback before.
• Governance and Financial Enhancement: Significantly improved the Council's governance framework, financial management practices, and overall financial position.
• Financial Management Review: Led the development and implementation of a comprehensive financial management review aimed at restoring the Council to financial sustainability over a five-year term, including resetting.
• Integrated Governance Framework: Established a robust McKinlay Shire Governance Framework, which included the 2010-2020 Community Strategic Plan, a 5-year Corporate Plan, an Asset Management Plan, a Long Term Financial.
• Regulatory Compliance: Successfully integrated the new Local Government Act 2009 into the Council’s governance framework.

Queensland, Australia

Queensland Treasury Corporation (QTC) provides comprehensive financial and corporate advice, risk management, and debt funding strategies for infrastructure projects, alongside managing cash surpluses for Queensland's public sector organisations. Within this role, I operated primarily in the Local Government Services division, delivering corporate advisory.

Member, Accounting Profession

Postgraduate Degree, Accounting And Business/Management

Bachelor Of Accounting Science

Graduate Australian Institure Of Company Directors Progam, Board Governance & Strategy

Executive Leadership Program, Organizational Leadership

Secondary Education