*At this time, we are only receiving applications from candidates who are currently situated in the Americas. Please make sure your CV is in English only, thank you.Important Notice: By applying through LHR Americas, you are ensuring that your CV will be manually revised by one of our recruiters. If accepted, we will submit it directly to our client's recruitment team where your CV will be prioritized for revision.
Who is our client and your future employer?The company where energy is opportunity!
Our client occupies a unique position in the global energy industry. They are the world's largest producer of hydrocarbons (oil and gas). With significant investment in technology and infrastructure, they strive to maximize the value of the energy they produce for the world and commit to enhancing value to society.
Who are we looking for?Our client is seeking a Business Development Specialist to screen, plan, analyze, and develop a new business venture and executing mergers and acquisitions (M&A), joint ventures and divestments for the company.
Minimum Requirements Bachelor's degree in Accounting, Economics, Business, Finance from a recognized and approved international program. An MBA and/or an equivalent qualification will be a plus, although not a requirement. At least (10-15) years of experience in business development which should include at least five (5) years of experience in joint venture transactions. Chartered Financial Analyst (CFA), Certified Management Accountant (CMA), or Project Management Professional (PMP) certification are advantageous. Strong joint venture development background, and should have demonstrated in previous roles, extensive experience in financial valuation and modeling, due diligence, commercial negotiations and transaction structuring etc. Adequate understanding of financial analysis of companies and valuation methodologies; commercial principles of a transaction; different types of transactions. Industry expertise of knowledge of specific venturing activities such as commercialization, spin-offs or joint venturing, project development, financial valuations and modeling, facilities planning, strategy development or relevant experience. Key Responsibilities Conduct detailed due diligence on different aspects of target companies. Perform valuation of target companies based on different methods and evaluate the business plan of the targets. Independently handles business proposals, draft the Non-Binding Offer (NBO), develop a negotiation strategy and commercial terms for the transaction. Manage all aspects of transaction execution including management of the overall project. Manage the overall stakeholder management including working with internal organizations, consultants and potential partners. Assemble initial offerings to potential investors and coordinate with internal subject matter experts. Ensure compliance to process stage gates and approvals, approves contract payments and variations within limit. Support law department in anti-trust clearance activities and perform other miscellaneous duties as directed. Job Benefits Monthly Base Salary – aligned with company employees with similar skills. Monthly Overbase – 25% of your monthly base salary. Benefits Supplement – 20% of your monthly base salary, after 3 years of service, reward increases to 25% of base, after 6 years 30% of base, and after 12 years 35% of base. Severance Package – year 2 to 5: 2 week's pay for each year of service, Year 6+: 4 week's pay for each year after. Employment Tax – if employee chooses to separate themselves from their 'home country' for income tax purposes. Employee Share Purchase Plan (ESPP) – maximum purchase equal to 10% monthly base pay with a cap, 20% share discount. Incentive Plan – annual; based on performance. Travel Allowance – annual; approx. $8,200 per household member 11+ years old residing in Saudi Arabia. Vacation & Paid Holidays – 38 vacation days / 4 travel days / 11-13 paid holidays. Medical/Dental Plan – complimentary in-Kingdom medical care/facilities for employee and eligible family members. Educational Assistance Plan (EAP) – Out of Kingdom Assistance. Settling in Allowance – one-time payment; Family Status - 100% of monthly base salary.
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