Omar Abouanza

Experience

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  Arabian Bemco Contracting Co

  Feb 2009 - Dec 2020

  Projects Control & Cash Flow Manager

  Designation Chronology:  2017 – 2020: Projects Control & Cash Flow Manager 2016 – 2017: Technical Assistant to the CEO 2013 – 2016: Projects Coordinator 2010 – 2013: Cost Control Engineer 2009 – 2010: Site EngineerKey Responsibilities:• Offered budgeting, contract administration, planning, scheduling, cost control, forecasting, and invoicing support for the Projects Team.• Analyzed financial performance on crucial business metrics and chaired project and management reviews to present cost status.• Superintendent in preparing the project schedules with resource and cost loading to ensure consistency with the contract documents. Monitored impact identification and recovery plan on Projects.• Handled banking function - facilities negotiation, loan rollovers following the cash flow and annual review for company financials, etc.• Maintained integrated project schedule during pre-phase and flagged problems to management.• Employed Earned Value Management (EVM) technique to track project progress in schedule and cost.• Tracked change orders, RFI, and related project documentation. Catered to client’s additional works where it might adversely impact the project completion and its cash flow. عرض أقل

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  Saudi Binladin Group (SBG)

  Dec 2020 - Jun 2021

  Projects Control Senior Manager

  • Lead Project Controls function across all elements of the Project throughout the entire project lifecycle.• Controlled project costs/ expenses through enhanced planning, development, control, and budget forecasting.• Hand-selected to lead budgeting of newly awarded projects and estimating the cost to complete the projects Responsibilities:• Budgeted the remaining Haramain works utilizing a database to generate accurate estimates to complete.• Collated project monitoring dashboard for the Executive Management. • Developed reporting cycles and content for communicating progress and critical issues to the Steering Committee and the Project team.• Supervised preparation of projects’ cash flow to MOF. عرض أقل

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  Red Sea International - RSI

  Jun 2021 - now

  Group Treasury and Project Control Head

  As Group Treasurer at RSI, we maintained cash flow agility within an evolving treasury function. Focused on running lean-as-possible cash balances and looking for techniques to optimize returns in these fluctuating externalities – such as the pandemic, conflict, political instability, and jolts in interest rates.• Defining and executing world-class treasury practices/activities - cash flow management, budgeting, long & short-term investment, risk management, and implementation of cash management systems.• Prudently managing the RSI liquidity and mitigating operational, financial, and reputational risk. • Developing funding and investment strategies. Seeking superior investment performance of the fixed income and investment cash portfolios over the respective benchmarks without undue risks.• Controlling robust daily cash operations - cash mgmt. Transactions, cash position, foreign exchange exposure, and facilities position. Creating, monitoring, and analyzing cash management KPIs and dashboards.• Managing strategic investment portfolio, maneuvering investment options, and providing strategic analysis and inputs for turnkey financial solutions.• Managing loan drawdowns and loan rollovers according to cash flows and project requirements.• Handling treasury instruments to hedge the interest inflations (Forwards Deals, Sukok, FOREX, Deposits, Insurance, etc.).• Having extensive knowledge of CMA regulations and awareness regarding the orders/directives related to treasury deals and preparation of announcements.• Enforcing best- practices for bank reconciliations.• Producing and publishing monthly, quarterly, and annual reports to the Board and Committees.• Annual budgeting and Planning Process Owner. Ensuring budgets/project expenditures were on target and 100% aligned with the organization's and projects' strategic direction. • Preparing Audit Committee and board Presentations regarding quarter reviews of financials/cash flow. عرض أقل