Note: This role required the candidate to permanently relocate to Saudi Arabia.
Position Description
The primary function of this role is to direct activities related to sourcing, screening, analyzing, planning, and developing a business venture or a portfolio of ventures, including initiation, closing, and transition.
This position provides high-level professional expertise in the development and management of new business ventures, handling proposals valued up to $500MM or larger. The Specialist works under self-direction and leads a team of 3 to 12 professionals towards predetermined long-term objectives.
Duties And Responsibilities
Managing the business development process through deal closure, including validation of proposals against progress through stage gates, prioritizing business proposals against investment criteria, and offering commercial and technical solutions to enhance the company's business offering.
Collaborating with investors to establish high-level strategic, financial, and operational goals and milestones for new ventures.
Reviewing investor proposals, approving contract payments, and handling variations within authority limits, acting as the primary contact for contractors, consultants, and vendors.
Coordinating with internal stakeholders and subject matter experts (e.g., Law, Finance, Strategy, Planning) to ensure deal alignment and progression, and promoting business opportunities through coordination with internal and external entities and advisors/consultants.
Leading business portfolios, managing the development of commercial agreements, and providing analysis in reviewing legal documents, including heads of terms, MoUs, cost-sharing and shareholders agreements, product offtake, shared services, and similar documents. Managing negotiation strategy development and execution.
Minimum Requirements
Educational Level: Bachelor of Arts (Business and Management), Bachelor of Science (Engineering), or equivalent.
Minimum Years of Experience: 12
Licenses/Certificates: CFA (Chartered Financial Analyst), CMA (Certified Management Accountant), PMP (Project Management Professional), or similar.
Other Skills/Experience
Industry expertise and knowledge of specific business transactions and venturing activities, such as operational or financial carve-out, commercialization, joint venture development and management, project development and execution, valuation and economic/financial modeling, business operations and maintenance, and strategy development and execution.
Expertise in financial analysis and transaction valuation.
Focused knowledge and experience in one or more of the following: carve-out divestment, financial restructuring, or initial public offering (IPO).
Experience dealing with local or industry-specific best practices as well as regulatory and governmental mandates.
Seniority level
Mid-Senior level
Employment type
Full-time
Job function
Sales and Business Development
Industries
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