Title:  Business Dev Analyst I

Job Req ID:  2659
Description: 

Aramco energizes the world economy.

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.

Overview

The business development Analyst primary role is to supports the screening, planning and the development of new business ventures by applying extensive knowledge in the area of business development. The Business Development Analyst independently evaluates new business proposals and participates in the development of new business ventures. Also extends support beyond business analysis and planning and may be involved in the structuring and negotiation of deals to achieve final deal closure.

Key Responsibilities

The Upstream Development is responsible for providing the following:

  • Performs detailed transaction development and execution activities related to Upstream activities, mainly for joint ventures as well as merger and acquisitions, by applying extensive knowledge in areas related commercial negotiation and financial modeling and definitive documents development.
  • Conduct due diligence on technical and commercial aspects of the new venture, develops business plan and financial modeling, performs structuring of new venture and negotiations with potential partners to achieve final investment decision , and provide expertise to design the capabilities required by the new venture.
  • Develop business plan, financial model, optimal commercial structure of the new venture and negotiation strategy with potential partners.
  • Conduct due diligence on technical and commercial aspects of the new venture with the support of relevant organizations.
  • Develop commercial aspects of the definitive documents, conduct definitive documents negotiations, develop the new venture financing plan.
  • Develop and review key definitive documents, commercial terms and related activities.
  • Perform other miscellaneous duties as directed.
  • High competency in commercial and financial aspects of joint ventures, mergers and acquisitions and divestments.
  • Perform initial sanity checks on documentation packages ensuring all activities are captured, accurately reviewed and processed in a timely fashion.
  • Updating of documentation and processing status .
  • Compile daily, weekly and monthly reports.
  • Effective communication and close cooperation with representative of other COMPANY department.

Minimum Requirements

As the successful candidate you will hold a Bachelor’s degree in Accounting, Economics, Business, Finance from a recognized and approved international program.

You will have at least ten years’ experience in Oil & Gas transaction, including at least 3 years in Midstream transaction.

  • Good Interpersonal communication skills.
  • Working knowledge of a variety MS office tools.
  • Time-management skills, resistance to stress.
  • Proven analytical and problem-solving skills.
  • Attention to detail with a high degree of control and emphasis toward quality.
  • Fluency in English.
  • A degree in finance, Business; MBA preferred.
  • Understanding of business model.
  • Experience with risks reporting and risks dash board.
  • Understanding of Portfolio management principles.
  • Solid understanding of accounting fundamentals.

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 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.

 

Country/Region:  SA