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. If you decide to apply directly through our client's career site as well, LHR Americas will lose all visibility of your hiring process and will be unable to support you. 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.
Headquartered in the Kingdom of Saudi Arabia and with offices around the world, our client combines market discipline with a generations-spanning view of the future, born of our nine decades of experience as responsible stewards of the Kingdom's vast hydrocarbon resources.
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. 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 partner(s). Provides administrative direction in the development and review of legal documents. Ensures compliance to process stage gates and approvals. Support law department in anti-trust clearance activities. 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 (2-year vest period) – 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) (eligible after 12 months of service) Incentive Plan – annual; based on performance Travel Allowance – annual 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 Stages of our Hiring Process1. Resume Evaluation: A member of our recruitment team will evaluate that your resume matches the client's job description requirement.
If your resume evaluation is suitable for this position, the recruitment team will invite you to a preliminary phone/video interview in 2-3 days.
2. Interviews Stage: 2.1 LHR Americas preliminary phone/video interview: A member of the Talent Acquisition team from LHR Americas will first schedule a call with you to discuss the details of the position.
If your preliminary phone/video interview is successful, your resume will be submitted to our client.
3. Conditional Offer: A successful interview may result in a conditional offer of employment.
4. Relocation Process: After your offer is accepted and all conditions for employment are met, you will be assigned a relocation advisor from LHR Americas.
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