Business Development Lead

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Aramco energizes the world economy.

Aramco occupies a unique position in the global energy industry. We are the worlds largest producer of hydrocarbons (oil and gas), with the lowest upstream carbon intensity of any major producer.

With our significant investment in technology and infrastructure, we strive to maximize the value of the energy we produce for the world along with a commitment to enhance Aramcos value to society.

Headquartered in the Kingdom of Saudi Arabia, and with offices around the world, we combine market discipline with a generations spanning view of the future, born of our nine decades experience as responsible stewards of the Kingdoms vast hydrocarbon resources. This responsibility has driven us to deliver significant societal and economic benefits to not just the Kingdom, but also to a vast number of communities, economies, and countries that rely on the vital and reliable energy that we supply.

We are one of the most profitable companies in the world, as well as amongst the top five global companies by market capitalization.

We are seeking a Business Development Lead to join the Transactions Center of Excellence (TCOE) department, within the Strategy & Corporate Development Organization.

The TCOE department is responsible for providing support to all Aramco transactions and businesses (portfolio).

The Business Development Lead will support the execution of process of company M&As, JVs and Divestures in addition to reviewing company portfolios in terms of per performance and make recommendations including turnaround solutions.

As the successful candidate you will be required to perform the following:

• Analyze and report timeline and budget overruns in connection with the development of the facilities of monitored companies (JVs)
• Analyze the short-term (12 months) and long- term (12 months+) funding position of the JV, and highlight potential funding issues
• Regularly monitor financial performance, industry trends, and competitive landscapes relevant to the JV
• Develop and implement long-term value creation strategies for the JV (New Energies, Marine, Carbon Fiber, Other non-core industries)
• Prepare materials for presentation to the Saudi Aramco GIC/Board materials, on an as needed basis
• Develop and implement short and long term Turnaround plans based on portfolio performance (New Energies, Marine, Carbon Fiber, Other non-core industries)
• Conduct internal and external assessments to reveal emerging trends that would present future business challenges to overcome
• Perform initial sanity checks on documentation packages ensuring all activities are captured, accurately reviewed and processed in a timely fashion
• Report progress of the development of the facilities to Proponent Management/ Saudi Aramco Board Members at the JV. If relevant, work collaboratively with JV Management and/or Aramco PMT, as needed, to develop and implement corrective actions
• Updating of documentation and processing status in the inventory database as per clearly defined processes
• Execute assigned tasks ensuring that the expected deliverables are submitted within the defined timelines and are as per the quality requirements
• Keep up-to-date with market developments to develop basic understanding of various portfolio related products and principles

As the successful candidate you will have:

• A Bachelors degree in Business and Management or Engineering from a recognized and approved program. An advanced degree is preferred
• A minimum of 9 years professional experience in Business Development/Portfolio Management including at least 5 years in New Energies, Marine, Carbon Fiber including Turnaround business for success.
• Ability to diagnose the root causes of underperformance and create tailored strategies
• Expertise in leading organizational and cultural changes during turnarounds
• Strong grasp of budgeting, financial restructuring, and P&L management
• Ability to rally teams, build stakeholder confidence, and secure buy-in for change initiatives.
• Capacity to pivot to new products, services, or operational models to remain competitive.

Working environment

Our high-performing employees are drawn by the challenging and rewarding professional, technical and industrial opportunities we offer, and are remunerated accordingly.

At Aramco, our people work on truly world-scale projects, supported by investment in capital and technology that is second to none. And because, as a global energy company, we are faced with addressing some of the worlds biggest technical, logistical and environmental challenges, we invest heavily in talent development.

We have a proud history of educating and training our workforce over many decades. Employees at all levels are encouraged to improve their sector-specific knowledge and competencies through our workforce development programs - one of the largest in the world.

Information :

• Company : aramcoservices
• Position : Business Development Lead
• Location : Saudi Arabia
• Country : SA

How to Submit an Application:

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