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Curriculum Vitae

Flavio Sidagni

Independent Finance, Budget & ERP Implementation Consultant

Name: Flavio Sidagni

Date of birth: 05 October 1955

Nationality: Italian

Residence: Via Viviani 20/A – Crema – Italy

Mobile: +39 366 3876410

E-mail: flaviosidagni@yahoo.it or flaviosidagni55@gmail.com

WEB Site: http://flaviosidagni55.wix.com/consulting1

Professional network member: Linkedin and Oilpro

Family status: Divorced

Scholarship: university degree in Economics & Business Administration at L. Bocconi Business University Milan-Italy (rating 105/110)

Spoken languages: Italian (mother), English (upper), Portuguese (intermediate), French, Arabic and Russian (basic)

General Information

34 years’ experience in the international Oil & Gas upstream with ENI Group.

Many years as Finance & Control Manager in various overseas branches of ENI.

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Curriculum Vitae

One of the top expert in ENI in implementing ERP software. Originally financial analyst for the development of in-house accounting software and then finance team leader for the implementation of many business software.

Currently working as independent Finance, Budget & ERP Implementation Consultant.

Available for worldwide assignments on a consultancy basis even on a short-term basis, mainly dedicated to project management for ERP implementation or to consultancy to company management for ERP implementation.

Also available for worldwide assignments for the position of Finance & Control Manager as well as Branch Manager when a new overseas Branch should be set up.

Executive Summary

A highly motivated and results driven Finance & Control Manager who has over thirty years of invaluable experience in leading and developing a successful finance team.Skilled in numerous financial and accounting fields, including: preparing annual financial reports & budgets, monitoring key accounts and credit control, liaising with external auditors.Having the ability to handle complex assignments effectively & possessing the confidence to work as part of a team or independently.Due to direct participation to many software implementations I may be considered highly knowledgeable from a functional perspective on the following business software:

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Curriculum Vitae

SkillsFinancial Management Personal

Cash Flow control Predicting future trends Attention to detailManagement accounts Supervisory skills Communication skillsBudget preparation Team leadership High Business Software KnowledgeFinancial forecasting Financial regulations Presentation skillsEconomic awareness Decision making Problem solvingInterpreting financial data Managing budgets Analytical mindAuditing Effective delegation Strategic thinkingComplex charts of accounts Conflict resolution High levels of integrity

Negotiating

Work History

From To Company Industry Location Work AssignmentAug-16 Present Natural

Resources Business Software

Remote Business Software Senior Functional Consultant

Sep-14 Apr-16 COC & CMI Oil & Gas Aktau/KZ ERP Implementation Project ManagerJul-05 Aug-14 Agip KCO Oil & Gas Atyrau/KZ Finance & Control ManagerSep-00 Jun-05 KPO bv Oil & Gas Aksai/KZ Finance & Control ManagerJun-97 Aug-00 IEOC Oil & Gas Cairo/ET SAP Implementation Project ManagerJan-96 May-97 Eni Intn’l

bvOil & Gas Amsterdam/NL Finance Manager

Sep-91 Dec-95 Eni Angola Oil & Gas Luanda/AN Finance & Control ManagerFeb-87 Aug-91 Agiba Oil & Gas Cairo/ET Deputy Finance ManagerSep-82 Jan-87 IEOC Oil & Gas Cairo/ET Various Finance RolesApr-80 Aug-82 Eni Oil & Gas Milan/IT Overseas Accountant

Detailed CV follows

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Curriculum Vitae

From September 2014 to present

Independent Finance, Budget & ERP Implementation Consultant

From Aug-16 to present: currently participating as Senior Functional Consultant with Natural Resources Ltd., a niche company highly specialized in SAP O&G, to the feasibility study for the implementation of SAP JVA module at KPO (Karachaganak) Aksai/Kazakhstan.

From Sep-14 to Apr-16: Project Manager for the implementation of the ERP Microsoft Dynamics Navision & IBM Cognos Express at CMI Almaty/Kazakhstan and at COC Aktau/Kazakhstan.

COC (Caspian Offshore Construction) is a shipping company that operates in the Caspian Oil & Gas Upstream business with an own current fleet of 25 ships and in addition to that, it operates more than 20 other ships on behalf of the Kashagan Consortium. It’s a registered Kazakh company with 2 branches in Russia and Turkmenistan.

CMI (Circle Maritime Invest) is an investment fund sole Stakeholder of COC.

Main Activities: started as advisor of the CEO for restructuring the company cost model to be supported by a new business software more adequate to control company KPI’s & targets. Once Microsoft Navision (ERP) & IBM Cognos (Budgeting & BI) had been chosen to be implemented, nominated implementation project manager with the following roles:

Select the proper implementation firm Liaise with RBC Group, the selected implementation firm, to ensure the best

implementation practice Report to project sponsor (CEO) to define project charter, scope, goals, deliverable,

internal resources, budget and timing Responsible of the project budget & schedule follow-up Pre-approve invoices from the implementation firm Responsible of the internal implementation team

From July 2005 to August 2014

Finance & Control Manager at AGIP KCO – Atyrau- Kazakhstan

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Curriculum Vitae

AGIP KCO was originally the sole operator of Kashagan field, on behalf of a Consortium formed by: ENI (Operator), Shell, ExxonMobil, TotalFinaElf, ConocoPhillips, Inpex, KMG. Then in 2009 AGIP KCO became one of the Agent Companies of the Kashagan Consortium.

Kashagan is the largest oil discovery in over 30 years. It has a daily potential production in a range of 1.2-1.5MBbls. Located in the Caspian sea, a very protected environmental area. The project is very challenging from a number of dimensions - It is technically complex due to the high H2S content and high pressure in the reservoir, extreme weather conditions restrict safe. In addition to that due to the participation of many major Oil Companies the Operatorship is a very variable complex factor.

Main Activities: managing a team of about 100 people of the following areas: finance, budget & management reporting, taxes, SAP Implementation.

Working a busy and high volume environment driving consistency and best practice across all the businesses.

In details:

Finance:

Responsible for improving the company cash flow and reducing its arrears by keeping accurate records and ensuring payments are done or received on time

In charge of managing and supporting the ledger, asset accounting and the treasury teams

Responsible for cash calling the Consortium Partners in accordance with the Joint Operating Agreement

Providing accurate financial information to colleagues and senior managers Ensuring that all financial controls are met and adhered to at all times Giving advice, guidance and support on all financial matter to the company directors Member of the Contracts Board overseeing, from a finance perspective, all contracting

and procurement activities in the project Liaise with Statutory, Government & Partners Auditors

Budget & Management Reporting:

Automated month-end budget and management reports, improving month-end closing process

Reorganized the budget and the management reporting departments, assigning analysts to specific functional areas, greatly improving the value-add of monthly reports across the organization

Identifying areas for cost cutting and improvement

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Curriculum Vitae

Developing a new billing package to the Consortium Partners based on a sophisticated work breakdown structure

Lead the design and development of a rolling-budget software application that dramatically improved the year-end budgeting process

Taxes:

Performed strategic tax planning Managed tax policies and positions Served as primary contact person for other company managers Managed external tax consultants Liaise with Government Tax Auditors

SAP Implementation:

Prior to SAP implementation AGIP KCO used JDE (not yet Oracle Enterprise) as ERP software supported by IBM Cognos as BI software. Then the company in alignment with the Group standard, decided to implement SAP as ERP software and SAP Business Objects as BI software.

During SAP implementation the following were the areas of responsibility:

Create and manage a functional implementation team Main functional responsible for the design of FI, CO and JVA modules Design the best company and joint ventures set-up Responsible of the development of the manuals of SAP procedures and reports

From September 2000 to June 2005

Finance & Control Manager at KPO – Aksai- Kazakhstan

Originally named KPO and then renamed Karachaganak was the operator of the Karachaganak field, on behalf of a Consortium formed by: ENI (Joint Operator), British Gas (Joint Operator), ChevronTexaco, Lukoil.

Karachaganak is a huge onshore reservoir with a potential daily production of 450K Bbls oil equivalent. Presence of sour gas associated with the oil is a high risk production factor.

Main Activities: managing a team of about 50 people of the following areas: finance, management reporting, SunSytems Implementation.

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Curriculum Vitae

Working a busy and high volume environment driving consistency and best practice across all the businesses.

In details:

Finance:

Responsible for improving the company cash flow and reducing its arrears by keeping accurate records and ensuring payments are done or received on time

In charge of managing and supporting the ledger and the treasury teams Responsible for cash calling the Consortium Partners in accordance with the Joint

Operating Agreement Providing accurate financial information to colleagues and senior managers Ensuring that all financial controls are met and adhered to at all times Giving advice, guidance and support on all financial matter to the company directors Liaise with Statutory, Government & Partners Auditors

Management Reporting:

Automated management reports, improving month-end closing process Reorganized the management reporting department to include the asset accounting

department too, assigning analysts to specific functional areas, greatly improving the value-add of monthly reports across the organization

Identifying areas for cost cutting and improvement Developing a new billing package to the Consortium Partners based on a sophisticated

work breakdown structure Create the cost recovery reporting in accordance with the Production Sharing

Agreement

SunSystems Implementation:

Prior to SunSystems implementation (not yet Infor) KPO used Scala for DOS (not yet Epicor) as financial software. Then the company decided to implement SUnSystems as financial software interfaced with IBM Maximo as procurement & warehouse software.

During SunSystems implementation the following were the areas of responsibility:

Create and manage a functional implementation team Main functional responsible for the design of finance and costs modules Design the best company accounting structure Responsible of the development of the manuals of SUN procedures and reports

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Curriculum Vitae

From June 1997 to August 2000

SAP Implementation Project Manager at IEOC - Cairo – Egypt

Responsible of the implementation of SAP FI, CO & JVA modules in 3 Egyptian companies of ENI Group, namely: IEOC (ENI 100%), Petrobel (IEOC 50%, EGPC 50%), Agiba (IEOC 50%, EGPC 50%).

Main Activities: managing a finance implementation team for the 3 companies of about 20 people with the following roles:

Liaise with Accenture & ENI Data, the implementation partners, to ensure the best implementation practice

Responsible of the finance project budget & schedule follow-up Responsible of the internal implementation teams for all 3 companies Design the best company and joint ventures set-up Main functional responsible for the design of FI, CO and JVA modules Responsible of the development of the manuals of SAP procedures and reports

From January 1996 to May 1997

Finance Manager at ENI International bv –Amsterdam – The Netherlands

Eni International bv was formed to consolidate all the Dutch registered overseas companies of ENI Group.

Main activities: managing a team of 6 people of the following areas: finance, consolidation reporting, SunSystems implementation.

In details:

Receiving cash calls from the overseas Branches and re-addressing to various Partners Managing Expats payroll of some overseas Branches Assist the Managing Director in the preparation of the Boards Meetings & Minutes Preparing consolidated reports adjusted as per the Head Office accounting principles Responsible for the implementation of SunSystems financial module

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Curriculum Vitae

From September 1991 to December 1995

Finance & Control Manager at ENI Angola – Luanda – Angola

Eni Angola managed about 10 joint ventures either operated or non-operated the majority of which in a production stage.

Main Activities: managing a team of about 30 people of the following areas: finance, budget & management reporting, taxes, implementation of an in-house developed accounting software. Working a busy and high volume environment driving consistency and best practice across all the businesses.

In details:

Finance:

Responsible for improving the company cash flow and reducing its arrears by keeping accurate records and ensuring payments are done or received on time

In charge of managing and supporting the ledger and the treasury teams Responsible for cash calling from/to the various Joint Ventures Partners in accordance

with the various Joint Operating Agreements Providing accurate financial information to colleagues and senior managers Ensuring that all financial controls are met and adhered to at all times Giving advice, guidance and support on all financial matter to the company directors Liaise with Statutory, Government & Partners Auditors

Budget & Management Reporting:

Automated month-end budget and management reports, improving month-end closing process

Developing a new billing package to the various Joint Ventures Partners based on a sophisticated work breakdown structure

Create the cost recovery reporting in accordance with the various Production Sharing Agreements

Taxes:

Manage tax policies as per the Cabinda Concession Agreement and the various Production Sharing Agreements

Liaise with Government Tax Auditors

In-house Accounting Software Development:

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Curriculum Vitae

Liaise with Accenture & ENI Data, the development partners, to ensure the best development and implementation practice

Create and manage a functional implementation team

Note: in the first 2 years of the assignment the position also acted as ‘HR manager’ with the following tasks:

Liaise with the syndicate of the local employees Implement a new payroll software Implement a procedure for MBO evaluation of expat and local staffs Implement procedures for the nationalization of expat positions Implement procedures for the development of local staffs

From February 1987 to August 1991

Deputy Finance Manager at Agiba – Cairo – Egypt

The Standard Production Sharing Agreement in Egypt provides that a foreign Oil Group operates by itself during the exploration phase but then, if a commercial discovery is declared, the next development and production phases must be operated by a joint company, owned 50% by the Foreign Group & 50% by EGPC (Egyptian State Company). However the Foreign Group must carry on financing the activities at 100%.

The assignment of personnel to the operating company is mainly done by EGPC with the exception of some senior positions, all of them with the title of Deputy, assigned by the Foreign Group to safeguard its interests in the operating company.

Any documents of technical, financial and legal natures must be jointly approved and signed by the senior manager and the deputy.

Agiba Petroleum at that time was in charge of the development, production and maintenance of 2 productive onshore fields.

Main Activities: supervise a team of about 80 people of the following areas: finance, budget & management reporting, implementation of an in-house developed accounting software.

In details:

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Curriculum Vitae

Safeguard the financial interests of the Foreign Group (IEOC and its Partners) Jointly approve all invoices and related payments Jointly approve cash call and list of expenses to IEOC Assist the Deputy Managing Director in the preparation of budget Monitoring budget variances Giving advice, guidance and support on all financial matters to the company deputy

senior managers Liaise with IEOC IT department for the development of an in-house accounting software

From September 1982 to January 1987

Various Roles at IEOC – Cairo – Egypt:

Treasurer, Management Accounting Coordinator, Systems & Accounting Procedures Coordinator.

IEOC managed about 30 joint ventures either operated or non-operated the majority of which in a production stage.

Main Activities: supervise teams of 3-5 people depending on the area of involvement.

In detail:

Company payments and management of in/out cash calls Preparation of billings to Partners & assessment of billings from Partners Preparation of cost recovery to Authority/Partners & assessment of cost recovery from

Partners Preparation of the consolidated financial statement Contribution as financial analyst to the development of an in-house accounting software Documentation of all the accounting processes & procedures

From April 1980 to August 1982

Overseas Accountant at ENI Milan

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Curriculum Vitae

Assigned on a short term to various overseas branches, i.e. UK, Turkey and Egypt for different accounting tasks.

In detail:

review of the chart of accounts analysis for the implementation of a worldwide in-house developed accounting

software analysis for the standardization of reporting packages to Partners (billing) and to

Authorities/Partners (cost recovery)

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Curriculum Vitae