Business Development Lead

2 months ago

Lloydminster AB, Canada LHR Américas Full time $16,300
About the Role

We are seeking a highly skilled Business Development Lead to join our team at LHR Américas. As a key member of our Development Department, you will be responsible for directing activities related to sourcing, screening, analyzing, planning, and developing business ventures or portfolios of ventures.

Key Responsibilities
  • Manage the business development process through deal closure, including validation against proposal progress through stage gates, prioritizing business proposals against investment criteria, and offering commercial & technical solutions to make up the company's business offering.
  • Work with investors to establish high-level strategic, financial, and operational goals and milestones for a new venture.
  • Review investor proposals and approve contract payments and variations within authority limits. Act as a primary contact for contractors, consultants, and vendors.
  • Coordinate with internal stakeholders and subject matter experts to ensure deal alignment and align its progression.
  • Coordinate with internal entities, external entities, and advisors/consultants to promote business opportunities.
  • Lead business portfolios and manage development of commercial agreements and provide analysis in reviewing legal documents.
  • Manage negotiation strategy development and execution.
  • Prepare reviews and present corporate committees and executive briefs.
  • Provide administrative direction to Business Development staff, including job performance appraisals, job promotion recommendations, and relevant human resources development roles.
  • Represent the company, its affiliates, and/or the Kingdom in professional societies, committees, and conferences.
Requirements
  • Bachelor's degree in Business, Finance, Engineering, or equivalent.
  • 12 years of experience.
  • CFA (Chartered Financial Analyst), CMA (Certified Management Accountant), PMP (Project Management Professional), or similar.
  • Industry expertise and knowledge of specific business transaction and venturing activities.
  • Expertise in financial analysis of companies and transaction valuation.
  • Focused knowledge and experience in one or more of the following: carve-out divestment, financial restructuring, or initial public offering (IPO).
  • Experience in dealing with local or industry-specific best practices and regulatory and governmental mandates.
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, most will not be required to pay 'home country' income taxes; company will not report income to the 'home country' governments.
  • Employee Share Purchase Plan (ESPP) (eligible after 12 months of service) - maximum purchase equal to 10% monthly base pay with a cap, 20% share discount.
  • Incentive Plan - annual; based on performance, approx. 1.8x monthly base salary.
  • Travel Allowance - annual; approx. $8,200 per household member 11+ years old residing in Saudi Arabia and $6,000 per household member under 11 years old.
  • Vacation & Paid Holidays - 38 vacation days / 4 travel days / 11-13 paid holidays.
  • Medical/Dental Plan - complimentary in-Kingdom Johns Hopkins medical care/facilities for employee and eligible family members. In-Kingdom dental services subsidized.
  • Educational Assistance Plan (EAP) - Out of Kingdom Assistance: 90% of expenses with a maximum per child, lesser of 5x monthly base salary or the company max ($48.5K), plus 3 round-trip economy air travel tickets; undergraduate college-age children get 2 round-trip economy air travel tickets; In Kingdom Assistance: 2x monthly base salary or the company max ($16.3K).
  • Settling in Allowance - one-time payment; Family Status - 100% of monthly base salary; Single/Bachelor Status - 60% of monthly base salary.

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