Business Development Senior Lead – Retail

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:

• Screens independent and integrated retail fuel business proposals using a variety of strategic and technical criteria, with the aim to prioritize the opportunities that will contribute the most towards the execution of the retail strategy
• Writes and reviews business cases to further develop complex business ventures and synthesize information from feasibility studies that serve as inputs to business plans 
• Provides functional expertise to determine the capabilities and risks associated with proposed new ventures, e.g. assessment of operating models, non-fuel offerings, branding, sales, marketing and logistics
• Leads and/or supports negotiation of agreements with external parties as part of the ongoing M&A activities
• Develops updates to the retail and downstream strategy when required and is accountable to present them to the Company’s Executive Management for approval. 

Requirements:

• Bachelor’s degree in Business Management, Economics, Accounting, or Engineering disciplines, professional certifications such as CFA, CMA, or (PMP) preferred.
• At least 12 years’ professional experience in fuels retail fuels or related businesses. 
• Proven track record of business development expertise, and value creation via direct involvement in M&A activities
• Excellent oral and written communication skills and ability to build relationships with Senior Stakeholders