Strategic Business Development Lead for Hydrocarbon Opportunities
1 day ago
Established in the global energy sector, our client holds a unique position as the world's largest producer of hydrocarbons. With significant investments in technology and infrastructure, they aim to maximize the value of their energy production for the world and contribute to societal growth.
Job Overview- We are seeking an experienced Business Development Lead to manage the transaction development/procurement process through to financial close for Build Own Operate Transfer (BOOT), Build Own Operate (BOO), and other relevant outsourcing models across all sectors including power, water, midstream assets, pipelines, real estate, and services projects.
This role is responsible for fully familiarizing with the PPP/BOO/BOOT concession models and the necessary steps to close a project.
Key Responsibilities- Manage the transaction development/procurement process from early economics analysis through to financial close.
- Coordinate internal subject matter experts' groups (Law, Finance, and Corporate Planning/Management Services) to ensure transaction progress.
- Prepare the transaction approval documents at each stage of the transaction and manage the required functional review and approvals.
- Support pre-feasibility and feasibility studies to establish technical, financial, and marketing viability of new initiatives.
- Provides administrative direction as required to the transaction teams.
- Prepare job performance appraisals and recommend job promotions.
- Capable of analyzing companies, performing industry sector analysis, and interacting with external financial advisors, lenders, and environmental, commercial, and technical consultants.
- Manage and mentor young professionals.
- Bachelor's Degree in Business Administration, Economics, Accounting, Engineering, or its equivalent is required.
- 12 years of relevant experience in business development, with expertise in project development, BOOT/PPP/DBFO projects, project finance transactions, and joint ventures.
- Proficient in oral and written English.
- Estimated Monthly Salary: $15,000 - $20,000
- Monthly Overbase: 25% of your monthly base salary
- Benefits Supplement: 20% of your monthly base salary after 3 years of service, increasing to 25% after 6 years, 30% after 12 years, and 35% after 16 years
- Severance Package: 2 week's pay for each year of service after 2-5 years, and 4 week's pay for each year after 6+ years
- Employee Share Purchase Plan (ESPP): eligible after 12 months of service, with a maximum purchase equal to 10% monthly base pay and a cap
- Incentive Plan: annual, based on performance, approximately $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
- 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 ($48,000)
We offer a comprehensive benefits package and opportunities for career growth in a dynamic environment.
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