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Business Development Specialist Joint Ventures

2 months ago


Fort McMurray Alberta TP, Fort McMurray region, Canada LHR Américas Full time
*At this time, we are only receiving applications from candidates who are currently situated in the Americas. Please make sure your CV is in English only, thank you.

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 execute 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 with extensive experience in financial valuation and modeling, due diligence, commercial negotiations, and transaction structuring.
  • Adequate understanding of financial analysis of companies and valuation methodologies; commercial principles of a transaction; different types of transactions.
  • Industry expertise in commercialization, spin-offs or joint venturing, project development, financial valuations and modeling, and strategy development.
Key Responsibilities
  • Conduct detailed due diligence on different aspects of target companies.
  • Perform valuation of target companies and evaluate their business plans.
  • Handle business proposals, draft the Non-Binding Offer (NBO), develop a negotiation strategy, and negotiate definitive agreements.
  • Manage all aspects of transaction execution including stakeholder management.
  • Assemble initial offerings to potential investors and coordinate with internal experts.
  • Ensure compliance with process stage gates and approvals.
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, increasing with years of service.
  • Severance Package – year 2 to 5: 2 week's pay for each year of service.
  • Employee Share Purchase Plan (ESPP) – maximum purchase equal to 10% monthly base pay with a cap.
  • Travel Allowance – annual allowance for household members residing in Saudi Arabia.
  • Vacation & Paid Holidays – 38 vacation days, 4 travel days, and 11-13 paid holidays.
  • Medical/Dental Plan – complimentary in-Kingdom medical care and subsidized dental services.
Stages of our Hiring Process

1. Resume Evaluation: A member of our recruitment team will evaluate your resume against the job description requirements.

2. Interviews Stage: Includes preliminary phone/video interviews and client face-to-face interviews.

3. Conditional Offer: A successful interview may result in a conditional offer of employment.

4. Relocation Process: After your offer is accepted, you will be assigned a relocation advisor from LHR Americas.

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