384 Business Development jobs in Saudi Arabia
Director, Manufacturing, Middle East
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**Notice regarding COVID-19 protocols**
At Lucid, we prioritize the health and wellbeing of our employees, families, and friends above all else. In response to the novel Coronavirus all new Lucid employees, whose job will be based in the United States may or may not be required to provide original documentation confirming status as having received the prescribed inoculation (doses). Vaccination requirements are dependent upon location and position, please refer to the job description for more details.
Individuals in positions requiring vaccinations may seek a medical and/or religious exemption from this requirement and may be granted such an accommodation after submitting a formal request to and the subsequent review and approval thereof by our dedicated Covid-19 Response team.
**To all recruitment agencies**:
_Lucid Motors _
**_does not_**:
- accept agency resumes. Please do not forward resumes to our careers alias or other Lucid Motors employees. Lucid Motors is not responsible for any fees related to unsolicited resumes._
**Leading the future in luxury electric and mobility**
At Lucid, we set out to introduce the most captivating, luxury electric vehicles that elevate the human experience and transcend the perceived limitations of space, performance, and intelligence. Vehicles that are intuitive, liberating, and designed for the future of mobility.
We plan to lead in this new era of luxury electric by returning to the fundamentals of great design - where every decision we make is in service of the individual and environment. Because when you are no longer bound by convention, you are free to define your own experience.
Come work alongside some of the most accomplished minds in the industry. Beyond providing competitive salaries, we’re providing a community for innovators who want to make an immediate and significant impact. If you are driven to create a better, more sustainable future, then this is the right place for you.
The Director of Manufacturing, Middle East is Lucid Motor’s prime lead for vehicle and battery manufacturing in the region. This position will lead the team through various strategic stages of business start-up and growth over the next several years, with major timing milestones comprised of volume, quality, and cost. This is a venture that will significantly expand the regional competencies of vehicle assembly, contributing to economic growth and diversity.
- Essential Duties
- KD (Knock Down) Assembly
- In concert with the Global Skill Team, develop and implement a plan to perform KD assembly in the region for US-built units
- Factory Readiness
- Ensure the ‘voice of the Plant’ is considered during factory design, construction and readiness activities. Play an active role in Launch activities including the installation and prove-out of equipment, tooling, and parts
- People Plan
- Develop a people staffing plan aligned to manufacturing capabilities and key milestone timing
- Leverage Operational Excellence standards for lean manufacturing and continuous improvement
- CBU (Complete Build Unit) capabilities
- Develop a multi-year roadmap to strategically ramp up towards full CBU assembly and volume
- Play a proactive role in future product design to ensure the Plant’s ability to consistently achieve key KPI’s once in series production
- Leadership
- Design and staff an organization that is capable of performing the work necessary to achieve Lucid’s manufacturing goals
- Provide professional development, oversight, coaching, and mentoring of staff to ensure engaged world-class talent
- Collaboratively represent the region within the Global Skill Team and advocate for global solutions that are regionally relevant to KSA market needs
- Lead a balanced scorecard approach to KSA manufacturing performance that achieves volume, quality, cost, and timing
- Skills and Qualifications
- Strong time management skills
- Ability to prioritize competing requests and needs
- Highly collaborative; comfortable working with people in a matrixed environment
- Exceptional verbal and written communication skills
- Ability to foster and support a culture of diversity, inclusivity, collaboration and teamwork; able to build and maintain positive relationships with colleagues across all departments
- Able to analyze data to guide strategic planning
- Comfortable to give effective presentations to and facilitate meetings with all levels of the organization
- Able to travel frequently and internationally
- Education and Experience
- 15+ years of progressive experience in m
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Business Development
Posted 1 day ago
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Job Description
About CME
We are CME. Making lives better with technology is what we do best.
With a multinational team fueled by innovation, creativity, and operational excellence, we deliver comprehensive end-to-end services and solutions to all types of organizations at any stage of their digital transformation journeys.
Driven by deep industry expertise, we have helped over 100 clients worldwide, including iconic brands and Fortune 500 companies, to reinvent the way they operate, collaborate, and create value for their customers.
As we continue to serve 80+ million users on a daily basis, our real-world impact can be felt across multiple industries, markets, and cultures.
We are on a never-ending quest to unlock the full potential of technology, and with it, reimagine everything!
Purpose
To support CME’s growth strategy, we are seeking a results-driven Business Development Manager to lead our expansion efforts, build strategic partnerships, and enhance our market presence specifically in the GCC.
The primary objective of the Business Development Manager (BDM) is to identify and capitalize on new business opportunities within the technology sector. The BDM will be responsible for establishing and maintaining strong relationships with potential clients, partners, and key stakeholders to drive market expansion and revenue growth. The role also involves developing and implementing strategic initiatives to enhance the company’s market presence and ensure sustainable business growth. Additionally, the BDM will collaborate with internal teams to tailor solutions that align with client needs while staying updated on industry trends, competition, and emerging technologies.
Expected Outcomes
The Business Development Manager will report directly to the CEO and will have, among others, the following responsibilities :
Business Development and Sales
- Develop and execute a comprehensive business development strategy aligned with company goals, ensuring sustainable revenue growth.
- Identify and qualify potential leads through research, networking, and outreach, leveraging industry connections.
- Drive end-to-end sales processes, from prospecting to contract closure, ensuring seamless deal execution and customer onboarding.
- Negotiate and finalize deals with clients and partners, ensuring favorable terms for the company while maintaining strong long-term relationships.
- Work with marketing teams to develop campaigns and outreach initiatives that support business growth.
- Develop sales presentations, proposals, and other materials to communicate value propositions effectively.
Market Research and Strategy
- Conduct market analysis to identify new business opportunities, industry trends, and potential areas for expansion, specifically in the GCC.
- Provide insights and recommendations on potential market expansion, leveraging data-driven approaches to identify growth opportunities.
- Monitor and analyze competitor activity, adjusting strategies accordingly to maintain a competitive edge.
- Identify emerging technologies and industry shifts that could impact the company's positioning, ensuring agility in business development approaches.
Client and Stakeholder Engagement
- Establish and nurture long-term relationships with clients, partners, and regulatory bodies to foster business growth and collaboration.
- Act as a key point of contact for customer interactions, ensuring satisfaction and retention through proactive engagement and support.
- Represent CME at conferences, networking events, and meetings to expand the company’s presence and brand awareness in the market.
- Develop customized solutions and presentations that address client needs and business challenges, ensuring a value-driven approach.
- Ensure seamless handover of newly onboarded clients to account / project management and customer success teams and keep following up to maintain high service quality.
Qualifications
Qualifications and Experience
- Bachelor's degree in Business Administration, Marketing, Finance, or a related field. A Master’s degree (MBA) is a plus.
- 10+ years of experience in business development, sales, or strategic partnerships, preferably in the technology industry.
- Based in KSA.
- Proven track record of achieving and exceeding sales targets, demonstrating a strong ability to drive revenue growth.
- Strong understanding of digital transformation, software solutions, and emerging technologies.
- Fluency in Arabic and English (French is a plus).
- Knowledge and experience in FinTech and Banking is a plus.
- Proficiency in CRM software and Microsoft Office Suite, with experience in sales analytics and reporting.
Business Development
Posted 11 days ago
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Job Description
The Product Business Development Specialist is responsible for driving the growth of Tamkeen's products portfolio by identifying new business opportunities, building strong relationships with partners and customers, and developing strategies to penetrate new markets. The role involves close collaboration with the sales, marketing, and product teams to ensure alignment with the company's overall business objectives.
Responsibilities
- Analyze data to provide insights and recommendations for product development and market entry strategies
- Develop and implement business development strategies to promote product growth and expansion
- Develop market strategies by researching lists of high potential prospects
- Build and maintain strong relationships with key stakeholders, including partners, customers, and industry leaders
- Work closely with the sales and marketing teams to develop promotional materials and campaigns that highlight product value propositions
Qualifications
- Bachelor's degree in Business Administration, Marketing, or a related field; MBA preferred
- 3-5 years of experience in business development, sales, or product management
- Strong understanding of market dynamics, customer behavior, and competitive analysis
- Excellent communication, negotiation, and interpersonal skills
- Proven track record of identifying and securing business opportunities
- Strong analytical and problem-solving abilities
Business Development
Posted 1 day ago
Job Viewed
Job Description
Job Description
About CME
We are CME. Making lives better with technology is what we do best.
With a multinational team fueled by innovation, creativity, and operational excellence, we deliver comprehensive end-to-end services and solutions to all types of organizations at any stage of their digital transformation journeys.
Driven by deep industry expertise, we have helped over 100 clients worldwide, including iconic brands and Fortune 500 companies, to reinvent the way they operate, collaborate, and create value for their customers.
As we continue to serve 80+ million users on a daily basis, our real-world impact can be felt across multiple industries, markets, and cultures.
We are on a never-ending quest to unlock the full potential of technology, and with it, reimagine everything!
Purpose
To support CME's growth strategy, we are seeking a results-driven Business Development Manager to lead our expansion efforts, build strategic partnerships, and enhance our market presence specifically in the GCC.
The primary objective of the Business Development Manager (BDM) is to identify and capitalize on new business opportunities within the technology sector. The BDM will be responsible for establishing and maintaining strong relationships with potential clients, partners, and key stakeholders to drive market expansion and revenue growth. The role also involves developing and implementing strategic initiatives to enhance the company's market presence and ensure sustainable business growth. Additionally, the BDM will collaborate with internal teams to tailor solutions that align with client needs while staying updated on industry trends, competition, and emerging technologies.
Expected Outcomes
The Business Development Manager will report directly to the CEO and will have, among others, the following responsibilities :
Business Development and Sales
- Develop and execute a comprehensive business development strategy aligned with company goals, ensuring sustainable revenue growth.
- Identify and qualify potential leads through research, networking, and outreach, leveraging industry connections.
- Drive end-to-end sales processes, from prospecting to contract closure, ensuring seamless deal execution and customer onboarding.
- Negotiate and finalize deals with clients and partners, ensuring favorable terms for the company while maintaining strong long-term relationships.
- Work with marketing teams to develop campaigns and outreach initiatives that support business growth.
- Develop sales presentations, proposals, and other materials to communicate value propositions effectively.
Market Research and Strategy
- Conduct market analysis to identify new business opportunities, industry trends, and potential areas for expansion, specifically in the GCC.
- Provide insights and recommendations on potential market expansion, leveraging data-driven approaches to identify growth opportunities.
- Monitor and analyze competitor activity, adjusting strategies accordingly to maintain a competitive edge.
- Identify emerging technologies and industry shifts that could impact the company's positioning, ensuring agility in business development approaches.
Client and Stakeholder Engagement
- Establish and nurture long-term relationships with clients, partners, and regulatory bodies to foster business growth and collaboration.
- Act as a key point of contact for customer interactions, ensuring satisfaction and retention through proactive engagement and support.
- Represent CME at conferences, networking events, and meetings to expand the company's presence and brand awareness in the market.
- Develop customized solutions and presentations that address client needs and business challenges, ensuring a value-driven approach.
- Ensure seamless handover of newly onboarded clients to account / project management and customer success teams and keep following up to maintain high service quality.
Qualifications
Qualifications and Experience
- Bachelor's degree in Business Administration, Marketing, Finance, or a related field. A Master's degree (MBA) is a plus.
- 10+ years of experience in business development, sales, or strategic partnerships, preferably in the technology industry.
- Based in KSA.
- Proven track record of achieving and exceeding sales targets, demonstrating a strong ability to drive revenue growth.
- Strong understanding of digital transformation, software solutions, and emerging technologies.
- Fluency in Arabic and English (French is a plus).
- Knowledge and experience in FinTech and Banking is a plus.
- Proficiency in CRM software and Microsoft Office Suite, with experience in sales analytics and reporting.
Business Development
Posted 1 day ago
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Job Description
As a Business Development, you will play a pivotal role in driving the company's growth by identifying new business opportunities, fostering relationships with key stakeholders, and supporting the development of strategic initiatives. Your focus will be on expanding our presence within the Business-to-Government sector in Saudi Arabia.
Requirements
- Bachelor's degree in business administration, Marketing, or a related field
- 1-3 years of experience in business development, preferably within the B2G sector in Saudi Arabia
- Proven track record of achieving sales targets and driving business growth
- Strong understanding of the Saudi market and government procurement processes
- Excellent communication and negotiation skills
- Proficiency in Microsoft Office Suite and CRM software
- Competitive salary and benefits package
- Flexible work arrangements (remote/hybrid options)
- Career growth and professional development programs
- Health insurance for the employee and their family, in accordance with the company's internal policy
- Professional and Personal Development Plan: Employees are provided with regular guidance and mentorship from company leadership to support and measure their professional and personal development plans.
- Training and Certification Support
Business Development Manager
Posted today
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Job Description
Join to apply for the Business Development Manager role at Muqassa (Securities Clearing Center Company)
Join to apply for the Business Development Manager role at Muqassa (Securities Clearing Center Company)
- Track and analyze market trends and customer needs to identify new business development opportunities to grow the organization business.
- Align with Internal and external stakeholders for the development and launch of new enhancements to the market.
- Develop dynamic business presentations and proposals for clients and internal communications.
- Manage the feasibility studies, requirement documentation, project implementation, market research and benchmark for new initiatives.
- Manage the business development plans, design and implement processes to support business growth.
- Manage new market initiatives, assess new markets and business opportunities.
- Establish and managing strategic business development partnerships.
- Facilitate business growth by working together with clients, regulators as well as business partners.
- Manage different stakeholder’s expectations regarding potential services in an effort to guarantee their buy-in.
- Participate in industry and sales meetings to provide recommendations and inputs on business strategies.
- Support the sales team in new products and services launches.
- Build market awareness plans in alignment with the Sales team to support the impact of the new products and services on the market efficiently and transparently.
- Drive and update the company new products and services pricing on regular basis, based on Business needs.
- Manage product development and competitive positioning.
- Develop business cases and proposals for new products and services.
JOB SPECIFICATIONS
Education and Certifications:
- A bachelor’s degree in engineering, Financial, Business, Marketing, Administration Management, or equivalent is required.
- A Master of Business Administration degree (MBA) or equivalent is preferred.
Knowledge and Experience:
- 6 + years of experience in the financial industry with relevant work experience with at least 2 years of experience in a Managerial position.
- Experience in Financial sector (capital market & Banking) and Knowledge in the clearing business.
- Experience in product /business development or related field.
Skills Required:
- Knowledge with clearing and capital market business.
- Strong communication skills, both verbal and written.
- Experience in sales, marketing, business development or related field.
- Ability to manage complex initiatives and multi-task.
- Excellent organizational and time management skills.
- Ability to work with minimal guidance, be proactive, and handle uncertainty.
- Proficient in Word, Excel, Outlook, and PowerPoint.
- Proven record of accomplishment of handling similar role.
- Seniority level Director
- Employment type Full-time
- Job function Business Development, Product Management, and Project Management
- Industries Investment Banking and Capital Markets
Referrals increase your chances of interviewing at Muqassa (Securities Clearing Center Company) by 2x
Sign in to set job alerts for “Business Development Manager” roles. Senior Business Development Manager (BDM)Riyadh, Riyadh, Saudi Arabia SAR200,000.00-SAR400,000.00 1 month ago
Senior Business Development Manager (BDM) Business Development Manager - eCommerce Logistics Business Development Executive – Middle East and Africa Principal Business Development Manager, Unit 42 Business Development Manager- Managed Services Business development manager- Riyadh of Saudi Ababia Business Developer and Country Manager - KSA Business Development Manager - Arabic Speaking CountriesWe’re unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI.
#J-18808-LjbffrBusiness Development Manager
Posted today
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Get AI-powered advice on this job and more exclusive features.
We are seeking a Business Development Manager to drive business growth, build strong client relationships, and lead sales strategies in the logistics industry. This role is responsible for identifying new business opportunities, negotiating contracts, and ensuring customer satisfaction while achieving revenue targets.
Key Responsibilities
Sales & Business Development
- Develop and execute sales strategies to expand market presence and increase revenue.
- Identify and acquire new clients while maintaining strong relationships with existing customers.
- Conduct market research to identify opportunities and stay ahead of industry trends.
Client Relationship Management
- Serve as the main point of contact for key clients, understanding their needs and providing tailored logistics solutions.
- Negotiate pricing, contracts, and service agreements to ensure mutually beneficial partnerships.
- Ensure high levels of customer satisfaction by addressing client inquiries and resolving concerns promptly.
- Track sales performance against targets and provide regular reports to senior management.
- Analyze sales data and market trends to optimize strategies and identify areas for improvement.
- Collaborate with internal teams (operations, finance, and customer service) to ensure seamless service delivery.
- Lead and mentor a team of sales professionals (if applicable), ensuring high performance and motivation.
- Work closely with cross-functional departments to align sales initiatives with business objectives.
Qualifications & Skills
Experience: Minimum 5+ years of sales experience, preferably in logistics, supply chain, or e-commerce industries .
Education: Bachelor's degree in Business Administration, Sales, Marketing, or a related field .
Language: Fluency in English is required; Arabic and/or Chinese is a plus .
Skills:
- Proven track record of achieving sales targets and driving revenue growth.
- Strong negotiation, communication, and presentation skills.
- Excellent client relationship management and business development abilities.
- Knowledge of logistics services, supply chain solutions, and market trends .
If you are a results-driven sales professional with a passion for logistics and business development, we invite you to join our dynamic team!
Seniority level- Seniority level Mid-Senior level
- Employment type Full-time
- Job function Sales and Business Development
- Industries Transportation, Logistics, Supply Chain and Storage
Referrals increase your chances of interviewing at JD.COM by 2x
Sign in to set job alerts for “Business Development Manager” roles. Senior Business Development Manager (BDM)Riyadh, Riyadh, Saudi Arabia SAR200,000.00-SAR400,000.00 1 month ago
Senior Business Development Manager (BDM) Business Development Manager - eCommerce Logistics Business Development Executive – Middle East and Africa Principal Business Development Manager, Unit 42 Business Development Manager- Managed Services Business development manager- Riyadh of Saudi Ababia Business Developer and Country Manager - KSA Business Development Manager - Arabic Speaking Countries Senior Business Development Manager - Engineering Design Consultancy and PMWe’re unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI.
#J-18808-LjbffrBusiness Development Manager
Posted today
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INTECH Process Automation has been helping businesses transform for the future through next-generation Automation and Digital technologies for the past 30 years and counting. We are a globally renowned engineering company specializing in automation, electrical, energy transition, and digitalization solutions. Our application-specific solutions diversified and technically backed portfolio and expertise in equipment from major OEMs and system vendors are what differentiate us.
Job Summary:
We are seeking a dynamic and results-oriented Business Development Manager , preferably a Saudi national, to drive growth and expand our business within the region. The ideal candidate will have a strong understanding of the market, particularly in the industrial automation, oil & gas, and manufacturing sectors, and will play a key role in identifying opportunities, building relationships with key stakeholders.
Key Responsibilities
Lead Generation & Sales Growth
- Generate high-quality leads and opportunities, guiding them successfully through the proposal stage.
- Develop and execute strategies to attract new clients and expand market presence.
- Achieve a high percentage of proposal conversions into signed contracts.
- Build and maintain a network of decision-makers and influencers through targeted outreach and participation in networking events.
- Organize one-on-one or small group meetings with clients to foster stronger relationships in informal settings.
- Proactively secure new clients through business development initiatives and lead generation efforts.
- Ensure a high rate of client retention, with repeat business or contract renewals after project completion.
- Address client concerns promptly to reduce the risk of lost business.
- Maintain a healthy pipeline of qualified leads, ensuring continuous business growth.
- Track and report on the number and value of leads to monitor pipeline health.
- Secure first right of refusal agreements with clients, ensuring the company is well-positioned against competitors for future opportunities.
- Conduct market research to provide relevant insights for developing business strategies.
- Support the execution of successful project pursuit strategies in collaboration with internal teams.
- Identify and collaborate with suitable OEM partners to strengthen project proposals and open new business opportunities.
- Ensure timely and accurate reporting of business development activities, including key performance metrics, to senior management.
Qualifications :
- Bachelor's degree in engineering, business, marketing, or a related field.
- Minimum 8+ years of experience in business development, with a focus on solution sales in Saudi market.
- Strong network within the Saudi industrial sector.
- Proven ability to generate leads, close deals, and establish strong client relationships.
- Strong communication, negotiation, and networking skills.
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Business Development Manage
Posted today
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What makes the role special
Founded in 2003 and headquartered in Singapore, Group-IB is a leading developer of cybersecurity technologies that investigate, prevent, and combat digital crime. With cybercrime prevention at the heart of our mission, we protect businesses, empower citizens, and support law enforcement agencies globally.
Our Digital Crime Resistance Centers (DCRCs) in the Middle East, Europe, Central Asia, and Asia-Pacific provide region-specific threat intelligence and proactive response capabilities. These centers are key to strengthening our global threat-hunting efforts and delivering on our mission to make the world a safer place.
In this role, you ll focus on helping commercial enterprises including retail, manufacturing, banking, and technology firms secure their digital environments.
Tasks to solve
• Build and expand relationships across a portfolio of commercial clients.
• Identify cybersecurity pain points in areas such as fraud prevention, digital risk protection, and data security.
• Tailor solutions to align with business models, cloud transformations, and compliance requirements.
• Coordinate with marketing and channel teams to run targeted campaigns and events.
• Support clients in their digital transformation journey by aligning cyber strategy with business growth.
This role is perfect for you if
• Demonstrated experience building client relationships and driving revenue in the targeted sector.
• Drive revenue growth by identifying and securing new business opportunities within the Commercial sector.
• Deep understanding of sector-specific risks and cybersecurity needs.
• At least 5 years of B2B sales experience in cybersecurity, technology, or systems integration.
• Excellent communication, negotiation, and presentation skills.
• Fluency in Arabic and English is essential.
Company Industry
- IT - Hardware & Networking
Department / Functional Area
- Business Development
Keywords
- Business Development Manager – Commercial Sector
Disclaimer: Naukrigulf.com is only a platform to bring jobseekers & employers together. Applicants are advised to research the bonafides of the prospective employer independently. We do NOT endorse any requests for money payments and strictly advice against sharing personal or bank related information. We also recommend you visit Security Advice for more information. If you suspect any fraud or malpractice, email us at
#J-18808-LjbffrBusiness Development Expert
Posted today
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Join to apply for the Business Development Expert role at Mozn .
About Mozn:
Mozn is a rapidly growing technology firm revolutionising the field of Artificial Intelligence and Data Science, headquartered in Riyadh, Saudi Arabia. It aims to support and grow the tech ecosystem in Saudi Arabia and the GCC region, supporting Vision 2030. Mozn is a trusted AI technology partner for government organizations, large corporations, and startups.
We are scaling to provide AI-powered products and solutions locally and globally, creating a long-lasting impact in AI.
We seek a Business Development Expert to work closely with senior leaders, focusing on sourcing new clients and generating revenue, primarily targeting large customers in the MENA region.
Responsibilities:- Drive revenue by owning the entire sales cycle from prospecting to close and activation.
- Develop strategies for hunting, demoing, and closing opportunities with stakeholders to meet quarterly and annual goals.
- Use a consultative selling approach to analyze customer needs, advise, and build long-term relationships.
- Establish credibility as a thought leader in Digital Transformation, Digital Identity, Compliance, Fraud, and Credit Risk.
- Focus on results, pipeline generation, revenue, and forecast accuracy, inspiring others.
- Navigate relationships with stakeholders including C-suite executives, investors, and cross-functional teams.
- Collaborate with presales, product, and engineering teams to incorporate customer feedback.
- Bachelor's degree in business administration, IT, engineering, or related fields.
- At least 5 years of quota-carrying enterprise or SaaS sales experience with full-cycle closing skills.
- Minimum 3 years of experience in GCC markets.
- Proven track record closing multiple deals per quarter with an average ACV of over $100K.
- Ability to discuss product value with C-level executives and decision-makers.
- Consistent achievement of sales targets in fast-paced environments.
- Experience participating in RFPs with collaboration from bid and pre-sales teams.
- High adaptability to startup evolution and change.
- Excellent bilingual communication skills.
- Self-driven, proactive, detail-oriented, and a multitasker eager to make an impact.
- Seniority level: Mid-Senior level
- Employment type: Full-time
- Job function: Consulting, IT, Sales
- Industry: Software Development
Business Development Lead
Posted today
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Aramco occupies a unique position in the global energy industry. We are the world's 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 Aramco’s 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 Kingdom’s 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.
OverviewWe are seeking a Business Development Lead to join our Downstream Transaction Development Department.
Downstream Growth and Development (DG&D) implements the Company’s downstream growth strategy through the development of profitable investment opportunities, mergers & acquisitions (M&A) and joint venture partnerships in the areas of integrated refining and petrochemicals, marketing, retail, lubricants and other areas of the downstream business. Downstream Transaction Development Department (DTDD) executes approved transactions within the downstream business by managing a comprehensive due diligence process, identifying synergies, mitigating risks, deal structuring and conducting negotiations.
You will be responsible for executing approved transactions including initiation and management of due diligence, valuation, structuring and negotiations of proposed deals, as well as engaging and working constructively with internal corporate stakeholders, external advisors and prospective partners during transaction development and post-transaction setup & readiness phases.
Key Responsibilities- Manage the execution of approved investments and lead different due diligence workstreams, valuation, deal structuring and negotiation.
- Collaborate with internal stakeholders, external advisors and prospective partners to ensure smooth execution of the transaction.
- Provide regular updates on transaction status, progress and challenges to management.
- Support the setup and operational readiness phases following the transaction’s completion.
- Participate in creating the commercial, financial and technical framework for the deal.
- Lead evaluation of business opportunities including valuation techniques and methodologies.
- Define scope of due diligence required and coordinate due diligence activities; present results of valuation and due diligence activities and lead development of commercial agreements.
- As the successful candidate you must hold a Bachelor’s degree in Engineering (Chemical preferable, or other disciplines), Business, Finance or Economics from a recognized and approved program. MBA or a relevant advanced degree is strongly preferred.
- Professional Certifications such as Project Management Professional (PMP), Certified Financial Analyst (CFA), Certified Management Accountant (CMA) are preferred.
- You must have a minimum of 9 years of professional experience in downstream business development, with a strong track record of technical, economic and commercial experience in downstream business such as refining, petrochemicals, marketing (wholesale & retail), lubricant, logistics and storage with a deep understanding of associated operations, optimization and value-chain integration.
- Experience in executing term sheets and definitive agreements typical in downstream transactions, along with management of post-transaction integrations, setup and readiness.
- An adequate understanding of financial analysis of companies and valuation methodologies; commercial principles of a transaction; different types of transactions.
- Demonstrate a leadership role in lead transaction execution and negotiations of definitive documents experience.
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 world’s 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.
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