Mikhail Fedorov

17118 Indigo Hills Dr. phone 218-259-9267 (home), 832-859-4988 (cell)

Magnolia, TX 77355
E-mail: mf5f84a0@westpost.net
Experience:
July 2007 - April 2010 Weatherford Russia, Financial Controller, Russia, Ukr
aine
Weatherford is the number 4 oil and gas services company worldwide (WFT NYSE) wi
th over 55,000 employees and around $10 billion revenue per year.
* Controller for the Russia Weatherford operations with over 5,000 employees per
forming oil and gas services through out Russia and the Ukraine.
* During tenure as Country Controller, facilitated revenue growth from $80 milli
on in 2007 to well over $300 million in Revenue for 2008, and $500 million in 20
09.
* Successfully managed integration of 18 Russian companies into Weatherford worl
dwide corporate structure during 2007-2010.
May 2006 - July 2007 Weatherford Russia Financial Systems Manager
* Responsible for management and implementation of 1C system for Weatherford Mos
cow to cover the CIS region including finance and material management
* Responsible for developing interfaces between the new system and Weatherford's
consolidation package
October 2004 - April 2006 Accenture LLP, Moscow Russia Sr. Manager
Material Management Lead for the Supply Performance Reengineering Project with T
NK-BP
* Responsible for supply chain new process design and systemization, including a
ctivity flows, procedures and instructions for: inventory management, replenish
stock, excess stock management, receive, store, and issue materials for four reg
ional procurement centers of company.
* Developed a new corporate standard for material management.
* Developed a plan of the new process implementation and systemization.
* Integrated the new processes with demand planning and procurement processes.
* Developed SAP system functional requirements for the new processes.
* Successfully managed the Material Management process design Accenture team.
Deployment Lead for the Accounting Transformation Project (ATP) with TNK-BP.
* Responsible for instituting methodology and practices achieving a fast close (
6 day) of the accounting books, and submission of consolidated Russian and GAAP
standard accounts.
* Implemented all processes and systems (GLXI, Parus, 1C, Hyperion, SAP) for the
21 TNK-BP entities in the cities of Buzuluk and Orenburg in conjunction with th
e ATP project.
* Conducted an evaluation of the new HR system implementation for 17 oil service
companies on fast close processes. As a result, implemented the new HR system i
n the companies.
* Successfully managed the deployment team consisting of experts from Deloitte,
Accenture, KPMG and Tritec.
* Result: The ATP project was a success. TNK-BP is the first company in Russia t
o submit consolidated GAAP accounts in a 6 day time period.
March 2003 - October 2004 Damen Shipyards Okean ERP Consultant
* Management of the project of modernization ERP system for a large shipbuilding
company in the Ukraine (Okean) according to the requirements of the Dutch paren
t company; Damen.
* Selected, developed and installed all modules of a new developmental ERP syste
m called IT Enterprise (Ukraine-IAS consolidation, logistic, purchasing, warehou
se, sales, technical preparation, HR, and payroll).
* Developed and implemented the system to tie-in technical and production proces
s to the overall ERP system.
* Selected, hired and managed the programmer teams.
* Organized and conducted personnel training.
September 2002 - March 2003 PetroAlliance Services (Schlumberger) ERP Project
Manager
* Developed and implemented the ERP system iScala for financial, sales, purchasi
ng, HR, and logistic departments of company.
* Determined requirements for the ERP system (financial, accounting, logistic, p
urchase, sales, and HR).
* Created the plan and budget of the project, managed its implementation.
* Selected equipment, vendors and services providers for implementation of the E
RP system.
* Hiring and trained personnel needed for implementation and day by day mange of
the ERP system.
* Launched the ERP system in subsidiaries of company located in Russia (Moscow,
Kogalym, Astrakhan), and in Houston, USA.
January 2002 - August 2002 Indusmin Energy Corp. Director of Operations for a p
ublicly listed (TSX-IDM) gas producer headquartered in Canada.
* Developed financial models of the project (JV with VostokGazprom, Russia, Kerc
h project, Ukraine) to estimate an investment appeal.
* Managed the representative offices in Ukraine (Kiev, and Simferopol). Created
and controlled plans and programs, to include the operational budget.
* Set up IAS and Ukrainian accounting, financial and tax reporting system.
* Negotiated and signed up purchase/sales contracts with vendors, services provi
ders, and future gas production buyers.
October 2000 - January 2002 InfoTeCS Internet Trust General Director
* Created a new company - "InfoTeCS Internet Trust" - first Russian secure VPN s
ervice provider.
* Developed the strategy, business plan, and financial model for a new company.
* Developed the structure of the company; hired and trained key personnel.
* Set up the financial department of the company, including accounting, billing,
and customers care groups.
* Prepared for, and conducted many presentations to potential investors and stra
tegic partners.
* Obtained Licenses of Russian State Technology Committee and Federal Agency of
Government Communication for service providing.
* Created a customer base, negotiated with major potential clients, and signed u
p the first client agreement - landing Compaq, Reuters Eastern Europe, and the U
K http://www.iscreen.ru/partners/index.asp project as the first clients of the n
ew company.
October 1999 - October 2000 Ocean Energy, Inc. (NYSE OEI, now Devon) ERP Consul
tant
* Developed and implemented secure corporate networks for ERP and data transfer
system. Also created voice, fax, and video capability between American and Russ
ian oil companies.
* Created and implemented the system matrix for transference of Russian Accounti
ng Standards (RAS) to GAAP.
* Modernized the LAN and phone network of the Russian oil company.
* Selected equipment, vendors and services companies for implementation of the p
roject. Further negotiated the terms and conditions of the purchase agreements.
* Planned stages and time line of the project.
* Accomplished the project in time, and in budget. Ocean used my model to imple
ment like systems world-wide.
March - September 1999 Vostok Mobile (Golden Telecom, NASDAQ GLDN) Regional Dire
ctor
* Developed financial plans of regional mobile communication companies through m
any subsidiaries in Russia.
* Set up computer system for gathering billing and financial information from th
e regional companies for consolidation.
* Implemented various mobile telephony strategies for market growth and entry in
to numerous cities.
* Selected and implemented a new HR system for subsidiaries nation-wide.
January 1998 - March 1999 AO Rustel, Moscow General Director
* Chief Executive for a US Telecommunications Company with operations throughout
Russia. Developed and successfully implemented the company's business plan. Re
sponsible for "profit and loss" (P&L) to the company's Board of Directors and st
ockholders.
* Restructured the company and successfully negotiated its debt, allowing the co
mpany to reach positive cash flow.
* Responsible for ensuring company's income (reached more than US$ 27 MM per yea
r 1998). Created a new customer payment system which decreased bed debt less th
an 2% of revenue.
* Maintained relation with tax authorities of Russia. The results are: (i) the
reimbursement of VAT to the company for telecom equipment (more than US$ 1.5 MM)
; (ii) proved that payment to foreign companies for leasing of a space satellite
capacity is not subject to VAT (saved more than US$ 1 MM yearly).
* Restructured financial department of the company including accounting, billing
, and financial project management. Hired and trained new key personnel of the
financial department.
* Maintained business relation with the largest company's customers and strategi
c partners.
* Determined and developed main strategic direction of the company growth under
stringent investments requirements, including successful sale of non profitable
projects required high capital investments.
* Managed the company's staff consisting of more than 450 employees.
1993 - 1997 AO Rustel, Moscow Commercial Director
* Strategic planning of pan-Russian satellite network providing digital transpor
t for Rostelecom, Regional PSTN Companies (Electrosvyazes), routing traffic from
subsidiary Joint ventures and branch offices.
* Developed business and financial models of the company's regional telecommunic
ation center. The model was positively evaluated by the Ernst & Yang consultant
s.
* Organized and managed department of financial project evaluation and analyzed
the financial results during the project cycle.
* Project managed restructuring of fixed wire and wireless Joint Ventures with l
ocal Electrosvyazes in cities of Tyumen and Barnaul with five year project valua
tion greater then US$ 50 MM.
* Organized and supervised the commercial operations of 7 regional telecommunica
tion centers (TCs), direct reporting to EVP and President with P&L responsibilit
y of 7 TCs consisting of 40-100 employees each. Developed marketing and busines
s plans with five years project valuations.
* Introduced new services: Internet, national dedicated circuits, Moscow telepho
ne numbers, switch leasing, phone cards.
* Conducted due diligence on acquisition of existing Pan SIC satellite communica
tion provider, zonal satellite communication transport provider, overlay network
and equipment distributor.
* Developed and supervised the operation of the company's video conference cente
r in Moscow.
* Hired, trained and supervised the key regional staff.
* Responsible for conducting negotiation with prospective clients, and concludin
g partnership deals other long distance carriers.
1982 - 1993 Polus Scientific Research Institute Senior Engineer
* Developed gas lasers, laser navigation systems, stabilization systems, and las
er measurement system for the aerospace and aviation industries.
* Organized and monitored the production of laser systems.
* Further development scientific and technical documentation required for develo
pment and production of laser systems.
1980 - 1982 Moscow University of Electronic Equipment Construction Faculty Me
mber
* Developed electronic-vacuum technology and computer modeling.
Education
2002 Scala Academy, Moscow
Completed Courses of iScala ERP accounting and financial system, including: Gene
ral Ledger; ERP System Administrative (System Utilities), Sales Ledger, Purchase
Ledger, AR/AP, Sales Cycle, Purchase Cycle, Report Generator.
1995 IBCS Corporate training, Boston, MA, USA
Course of financial management, including financial analysis of projects, accoun
t receivable account payable, consolidation, rudiments of GAAP.
1994 - 1996 IBCS/Rustel corporate training, Moscow, Boston, MA, USA
English Language
1993 Financial Academy, Moscow
Computer course of Financial Modeling in OS Macintosh and Win 3.11, Word, Excel.
1973 - 1982 BS, MS, Moscow University of Electronic Equipment Construction, Mosc
ow
Graduated from Department of Electronic Technology, with specialization in compu
ter modeling of constructing complex electronic equipment production systems. C
ourse work included mathematics, physics, chemistry, electronics and radio techn
ology, economics, and business development.
Other Information
Proficient in both IBM and Apple systems, Microsoft Office, and many others - in
cluding SAP, Hyperion, PARUS, 1C, SCALA, Ideas (Cogent), and IT Enterprise accou
nting systems.
US Green Card