Business Development Specialist - 3rd Party Transactions

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 : 

• Support pre-feasibility and feasibility studies to establish technical, financial and marketing viability of new initiatives.
• Manages transaction development procurement process from early economics analysis through to financial close.
• Determines the scope and objectives of the transaction, offering commercialized solutions to meet our client business requirements.
• Reviews BOOT proposals.
• Coordinates internal subject matter experts’ groups (Law, Finance, and Corporate  Planning/Management Services) to ensure transaction progress.
• Participates in planning NBD performance.
• Acts as a "Transaction Lead " with responsibility for each phase of the transaction to financial close.
• Works with internal organizations and external investors to promote new business opportunities.
• Provides administrative direction as required to the transaction teams.
• Prepare job performance appraisals, and recommends job promotions.
• Capable of analyzing companies, performing industry sector analysis, and interacting with external financial advisors, lenders, environmental, commercial and technical consultants.
• Fully-familiar with the BOO/BOOT concession models and the steps needed to close a project including: Drafting Solicitation of Interest, finalizing and issuing the Request for Proposals, conducting Job Explanation meetings, manage a bid process, conducting negotiation sessions with the Bidder, Managing the Bid Review Team to review the bids, bid evaluation and selection, and the financial close process.
• Understands and complies with the Company’s Third-Party Transaction guidelines.
• Formulate economic/financial models for complex business proposals.
• Prepares the transaction approval documents at each stage of the transaction and manages the required functional review and approvals.
• Leads the development of business offerings packages to potential investors.
• Leads screening the potential investors.
• Performs other miscellaneous duties as directed.
• Manages and mentors’ young professionals.

Requirements : 

• A successful candidate will preferably hold a Bachelor’s Degree in Business Administration, Economics, Accounting, Engineering or its equivalent is required. Graduate degree is desirable.
• Advanced professional competence evidenced by professional licenses and other forms of continuing professional education..
• 12 years relevant experience in business development.
• A foremost expert in business development, will possess relevant industry expertise and will have solid experience in project development, BOOT/ PPP / DBFO projects, project finance transactions, and joint ventures.
• Proficient in oral and written English. Some command of Arabic is beneficial but not mandatory