Business Development Lead - Industrial Investment Program (IIP)

Company profile; Al Jubayl; On-site; USD 90,000 - 150,000; Full time

Job summary

An established industry player is seeking a Business Development Professional to join their Champions Department. This role involves leading new business ventures, evaluating proposals, and formulating financial models to support decision-making. The successful candidate will have extensive experience in finance and business, with a strong background in financial analysis and valuation methodologies. Join a company that offers world-scale projects and invests heavily in talent development, providing a challenging and rewarding working environment. If you're passionate about driving economic growth through innovative business strategies, this opportunity is perfect for you.

Qualifications

• 9+ years of experience in finance or business fields.
• Knowledge of financial analysis and valuation methodologies.

Responsibilities

• Lead new business venturing activities including screening and planning.
• Evaluate business proposals and develop business plans.

Skills

Financial Analysis

Business Development

Valuation Methodologies

Negotiation Skills

Project Management

Education

Bachelor’s degree in Finance, Business, Accounting, or Industrial Engineering

Master’s degree MBA or equivalent

Tools

Microsoft Word

Microsoft Excel

Microsoft PowerPoint

Job description

Aramco energizes the world economy.

Aramco occupies a special position in the global energy industry. We are one of the world’s largest producers of hydrocarbon energy and chemicals, with among the lowest Upstream carbon intensities of any major producer.

With our significant investment in technology and infrastructure, we strive to maximize the value of the energy we produce for the world along with a commitment to enhance Aramco’s value to society.

Headquartered in the Kingdom of Saudi Arabia, and with offices around the world, we combine market discipline with a ’ spanning view of the future, born of our nine decades experience as responsible stewards of the Kingdom’s vast hydrocarbon resources. This responsibility has driven us to deliver significant societal and economic benefits to not just the Kingdom, but also to a vast number of communities, economies, and countries that rely on the vital and reliable energy that we supply.

We are one of the most profitable companies in the world, as well as amongst the top five global companies by market capitalization.

Overview

We are seeking a Business Development Professional to join the Champions Department.

The Champions Department responsible for the delivery of end-to-end product development, entrepreneurship, and investment opportunities to convert lucrative business ideas into champions that enable job creation and economic growth.

As a Business Development Professional, you will lead the activities of new business venturing including: screening, planning, development, and execution. This will includes the evaluation of new business proposals and the development of moderately complex to complex new business ventures.

Key Responsibilities

As a successful candidate you will be required to perform the following:

• Performs low to medium scope projects with considerable independence, or as part of a team on larger projects.
• Screens complex business proposals using pre-defined filtering criteria, and researches relevant intelligence to back up screening results to estimate effort and resources required for pursuing pre-feasibility/Concept Paper development of qualified proposals.
• Supports pre-feasibility and feasibility studies to establish technical, financial and commercial viability of new ventures and determine resources required for conducting feasibility studies and business planning of approved concepts.
• Establish a business case to further develop complex business ventures and synthesize complex information from feasibility studies that serve as inputs to business plans.
• Formulates economic/financial models for complex business proposals and present results of concept paper and/or business plans to management as directed by the supervisor.
• Evaluates business opportunities including valuation techniques and methodologies, defining scope of due diligence required and coordinating due diligence activities.
• Supports negotiation of agreements based on developed strategy, manage business portfolio, screen potential investors and perform other miscellaneous duties as directed.
• Extends support beyond business analysis and planning and may be involved in the structuring and negotiation of deals to achieve final deal closure.
• Directs the work of lower classified employees as well as qualified experienced professionals as may be required in some situations.

Minimum Requirements

As a successful candidate you will hold a:

• Bachelor’s degree in Finance, Business, Accounting, or Industrial Engineering. Master’s degree MBA or equivalent is preferred.
• A minimum of 9 years of experience in finance or business fields.
• Knowledge of financial analysis of companies and valuation methodologies, commercial principals of a transaction, and different types of transactions.
• Proficient in Microsoft Word, Excel and expert in PowerPoint designs and presentation skills.
• Professional certification in finance CFA, CMA or PMP is preferred.

Working environment

Our high-performing employees are drawn by the challenging and rewarding professional, technical and industrial opportunities we offer, and are remunerated accordingly.

At Aramco, our people work on truly world-scale projects, supported by investment in capital and technology that is second to none. And because, as a global energy company, we are faced with addressing some of the world’s biggest technical, logistical and environmental challenges, we invest heavily in talent development.

We have a proud history of educating and training our workforce over many decades. Employees at all levels are encouraged to improve their sector-specific knowledge and competencies through our workforce development programs – one of the largest in the world.