ASC - Business Development Lead

Our Client operates in the Oil and Energy industry, with its headquarters rooted strongly in Saudi Arabia. It has its branches spread to more than 50 countries, providing employment to more than 68,500 people all over the world. They fall under the Fortune 500 Companies. They are one of the world’s largest oil producers. They are constantly growing by creating new technologies through its Research and Development efforts and branch into new business lines through Investments and Acquisitions.

Responsibilities:

• Initiate, develop & expand the Company’s renewable business.
• Achieve revenue targets as set by the Management
• Support strategy development and long-term plans to deploy renewable applications
• Preparing periodical progress reports for management
• Lead team to interpret and audit financial models of opportunities, conduct sensitivities and produce key financial ratios
• Evaluate new business proposals and participates in the development of complex new business ventures.
• Identification of project risks, analysis and recommendation of mitigation measures.
• Lead the development of Power Purchase Agreements with developers of renewable projects Support structuring of binding agreements such as Shareholders Agreement, 
• Project Development Agreement, O&M Agreement and Equity Subscription & Retention Agreement.
• Support structuring and negotiation of deals to achieve final deal closure Review & consult on all transaction documents.
• Work with corporate teams to achieve desired results of transactions.
• Lead and directs the work of team members with less experience.
• Build a learning environment and ensure knowledge transfer through mentorship of young talent.

Requirements:

• Bachelor's Degree in Engineering or in Business. MBA Degree is preferable.
• Minimum (12) years of experience in business development and transactions.
• Strong background in renewable project development, deal structuring, 
• stakeholder management, financial modeling, bankability and valuations.
• Excellent command of spoken and written English.
• Project management skills.
• Computer & MS Office proficient.