Business Development Lead (New Energy)

Our Client operates in the Oil and Energy industry, with its headquarters rooted strongly in Saudi Arabia. It has its branches spread to more than 50 countries, providing employment to more than 68,500 people all over the world. They fall under the Fortune 500 Companies. They are one of the world’s largest oil producers. They are constantly growing by creating new technologies through its Research and Development efforts and branch into new business lines through Investments and Acquisitions.

Responsibilities:

• Develop and maintain a deep understanding of project economics for the low carbon hydrogen value chain and low carbon economy
• Regularly reports and presents to management and applicable teams’ relevant economic analysis, impacts and updates based on project configuration changes and other applicable factors
• Carry out end-to-end project economic assessments across the entire value chain, from feedstocks to various end-markets
• Conduct cost competitiveness and benchmarking of various projects from a feedstock, technology, location and hydrogen carrier perspective
• Provides insights and drives financial and economic assessments and due diligence exercises relating to projects and potential investments, as well as strategic assessments of potential partners and customers
• Assist in establishing and shaping pricing mechanisms and strategies for low carbon hydrogen and ammonia
• Develop and maintain a deep understanding of technologies and processes for LCH/ammonia and alternatives and different LCH carriers
• Developing generic models and carries out landed cost competitive analysis for LCH/ammonia for our target markets and competition, based on locations, feedstock, technology, hydrogen carriers and different price sets
• Develops and runs various financial models for the low carbon hydrogen business, by monitoring and calculating IRR’s, cashflows, NPV’s, cash cost and conducting margin analysis
• Able to understand and develop profit and loss analysis, as well as understand financial statements and gleaning relevant insights when it comes to competitive assessments and benchmarking
• Train and mentoring junior analyst, while keeping abreast with the market, pricing and industry developments within the low carbon hydrogen business

Requirements:

• Degree in Economics/Business/Finance/Accounting or engineering related degree. An MBA, or an M.S or PhD in above fields or other advanced professional engineering degree is highly desirable. Chartered Financial Analyst (CFA) accreditation/registration is highly desirable
• Minimum of 10-15 years of experience and proven track record in the hydrogen/ammonia related markets, with specialist knowledge and experience of products, derivatives, applications and markets)
• Strong economic and financial modelling skills and use of MS Excel and other related software
• Comfortable with handling and organizing various types of economic and financial data
• Must have excellent communication skills (written and verbal) and interpersonal skills and be willing to transfer implicit knowledge to others
• Substantial background in areas of financial management and economic analysis, commercial law, taxation, investments, banking and forex