Job Description

Job Brief Form Saudi Aramco: Company General Use Position description: The Basic function is to directs activities related to sourcing, screening, analyzing, planning, and developing a business venture or portfolio of ventures including initiation, closing, and transition. Provides high-level professional expertise in the development and management of new business ventures. The scope including handling proposals valued up to $500MM or larger. To work under self-direction and direct a staff of 3 to 12 professionals toward pre-determined long-term objectives. Duties and responsibilities: The principles duties are: Manages the business development process through deal closure, including: validation against proposal progress through stage gates, prioritizing business proposals against investment criteria pre-determined scope and objectives of deals, and offering commercial & "technical" solutions to make-up company's business offering. Works with investor(s) to establish high-level strategic, financial, and operational goals and milestones for a new venture. Reviews investor proposals and approves contract payments and variations within authority limits. Acts as a primary contact for contractors, consultants, and vendors. Coordinates with internal stakeholder and subject matter experts (e.g. Law, Finance, Strategy, Planning, etc.) to ensure deal alignment and align its progression. Coordinates with internal entities, external entities, and advisors/consultants to promote business opportunities. Leads business portfolios and manages development of commercial agreements and provides analysis in reviewing legal documents which includes head of terms, MoUs, cost sharing and shareholders agreements, product offtake, share services, and similar. Manages negotiation strategy development and execution. Prepare reviews and presents corporate committees and executive briefs Provides administrative direction to Business Development staff including job performance appraisals, job promotion recommendations, and relevant human resources development roles. Sees that proper documentation is maintained on all business venture development work. Represents Saudi Aramco, its affiliates, and/or the Kingdom in professional societies, committees and conferences. Job Brief Form Saudi Aramco: Company General Use Minimum requirements: Educational Level: Bachelor or Art (Business and Management), Bachelor of Science (Engineering) or equivalent. Minimum Years of Experience: 12 License/Certificates: CFA (Chartered Financial Analyst), CMA (Certified Management Accountant), PMP (Project Management Professional), or similar Others skills/experience: o Industry expertise and knowledge of specific business transaction 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. o Expertise in financial analysis or companies and transaction valuation. o Focused knowledge and experience in one or more of the following; carve-out divestment, financial re-structuring, or initial public offering (IPO). o Experience in dealing with local or Industry specific best practices as well as regulatory and governmental mandates.