26 oct
Lhr Américas
Cartagena de Indias
*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, 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 or 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.
Key Responsibilities
- Conduct detailed due diligence on different aspects of target companies.
- Perform valuation of target companies based on different methods and evaluate the business plan of the targets.
- Independently handle business proposals, draft the Non-Binding Offer (NBO), develop a negotiation strategy and commercial terms for the transaction.
- 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 partner(s).
- Assemble initial offerings to potential investors and coordinate with internal subject matter experts to draft Memorandums of Understanding/Letter of Intent.
- Provide administrative direction in the development and review of legal documents.
- Ensure compliance to process stage gates and approvals, approve contract payments and variations within limit.
- Support law department in anti-trust clearance activities and internal proponent organizations in the post-acquisition integration activities.
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 (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 – specifics depend on individual circumstances.
- Employee Share Purchase Plan (ESPP) – maximum purchase equal to 10% monthly base pay with a cap, 20% share discount.
- Incentive Plan – annual; based on performance.
- Travel Allowance – annual; varies based on household member age.
- Vacation & Paid Holidays – 38 vacation days / 4 travel days / 11-13 paid holidays.
- Medical/Dental Plan – complimentary in-Kingdom medical care/facilities for employee and eligible family members.
- Educational Assistance Plan (EAP) – assistance for education expenses.
- Settling in Allowance – one-time payment based on status.
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▶️ Business Development Specialist Joint Ventures
🖊️ Lhr Américas
📍 Cartagena de Indias