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Business Development Lead
3 weeks ago
Job Req ID: 13701- Description:
- **Aramco energizes the world economy.**
Aramco occupies a unique position in the global energy industry. We are the world's largest producer of hydrocarbons (oil and gas), with the lowest upstream carbon intensity 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 generations’ 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**:
**Key Responsibilities**:
Initiate, develop & expand the Company’s renewable business.
Achieve revenue targets as set by the Management
Preparing periodical progress reports for management
Lead team to interpret and audit financial models of opportunities, conduct sensitivities and produce key financial ratios
Evaluate new business proposals and participates in the development of complex new business ventures.
Identification of project risks, analysis and recommendation of mitigation measures
Lead the development of Power Purchase Agreements with developers of renewable projects
Support structuring of binding agreements such as Shareholders Agreement, Project Development Agreement, O&M Agreement and Equity Subscription & Retention Agreement
Support structuring and negotiation of deals to achieve final deal closure
Review & consult on all transaction documents
Work with corporate teams to achieve desired results of transactions
Lead and directs the work of team members with less experience
Build a learning environment and ensure knowledge transfer through mentorship of young talent
**Minimum Requirements**:
Bachelor's Degree in Engineering or in Business. MBA Degree is preferable.
Minimum (12) years of experience in business development and transactions
Strong background in renewable project development, deal structuring, stakeholder management, financial modeling, bankability and valuations.
Excellent command of spoken and written English.
Project management skills
Computer & MS Office proficient
**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, logístical 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.
- Country/Region: SA
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