Business Development Analyst

Overview

We are seeking a Business Development Analyst to join the Manufacturing, Technology & Operational Services Transactions Department (MTOST). MTOST is responsible for executing transactions originated by different business lines of the company related to manufacturing, new technologies and services related to SAO operations. The Business Development Analyst's primary role is to support the screening, planning, analyzing, developing a new business venture and divestments at the company. The Analyst will evaluate transaction proposals and actively manage the execution of such projects. The Analyst will be actively involved in valuation, due diligence, negotiations and structuring of transactions leading to final deal signing and closing.

Minimum Requirements

A successful candidate will preferably hold a 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. An ideal candidate will have at least (10-15) years of experience in business development and transactions execution.

Work Experience At Either Of

• IOCs/NOCs, corporates
• International consulting firms
• Accounting firms
• Investment banks
• Private equity firms

The ideal candidate is expected to have a strong transactions execution background, and should have demonstrated in previous roles, 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 of knowledge of specific venturing activities such as commercialization, spin-offs or joint venturing, project development, financial valuations and modeling, facilities planning, strategy development or relevant experience.

Duties And Responsibilities

• Conduct detailed due diligence on different aspects of target companies (with support from relevant organizations in the company).
• Perform valuation of target companies based on different methods (with support from other organizations in the company) and evaluate the business plan of the targets.
• Independently handle business proposals, develop a negotiation strategy and commercial terms for the transaction and reflect as such in the term sheet. Negotiate and develop definitive agreements (with the help of law department and other relevant organizations in the company).
• Validation activities to progress proposals through stage gates, prioritize business proposals against investment criteria and NBD portfolio strategy.
• Manage all aspects of transaction execution including management of the overall project such as selecting, onboarding and working with advisors.
• Manage the overall stakeholder management including working with internal organizations, consultants and potential partners.
• Assemble initial offerings to potential investors, lead investor selection activities, and coordinate with the company's subject matter experts to draft Memorandums of Understanding/Letter of Intent.
• Provide administrative direction in the development and review of legal documents which include head of terms, MoU, Cost sharing agreements, and shareholder agreements and manage business portfolio.
• Ensure compliance to process stage gates and approvals, approve contract payments and variations within limit, provide administrative direction and personnel management to all assigned Business Development Analysts and perform other miscellaneous duties as directed.
• Support law department in anti-trust clearance activities and internal proponent organizations in the post-acquisition integration activities.
• Perform other miscellaneous duties as directed.

Benefits

• Compelling remuneration package.
• Permanent Employment on an Indefinite Term Employment Agreement.
• The company's Incentive Plan: This is a broad-based annual and performance based incentive plan based on company and individual performance, base salary, and length of service during the plan year.
• Annual repatriation travel allowance: An annual cash payment that more than covers airfare costs to your home country.
• Annual vacation: You can look forward to up to 38 calendar days of paid leave each year.
• Severance award: In accordance with the Saudi labor law, a severance award is payable by the company to employees who leave after two years or more of satisfactory service.
• Education Assistance Plan: If you are hired on family status, you may be eligible to benefit from the company's excellent education assistance plan for dependent children.
• Quality housing in company communities or a rental assistance allowance.
• Free medical care: We provide medical care via our subsidiary medical network or contracted hospitals and clinics.
• Free access to recreational facilities.
• Free scheduled transportation.
• Voluntary Group Life and Accident Insurance.
• Short-term Disability.
• Death Benefit.
• Career development opportunities.