Business Development Lead
hace 1 mes
We are seeking a highly skilled Business Development Lead to join our Development Department. As a key member of our team, you will be responsible for directing activities related to sourcing, screening, analyzing, planning, and developing business ventures or portfolios of ventures.
Key Responsibilities- Manage the business development process through deal closure, including validation against proposal progress through stage gates.
- Work with investors to establish high-level strategic, financial, and operational goals and milestones for new ventures.
- Review investor proposals and approve contract payments and variations within authority limits.
- Coordinate with internal stakeholders and subject matter experts to ensure deal alignment and progression.
- Lead business portfolios and manage development of commercial agreements and provide analysis in reviewing legal documents.
- Manage negotiation strategy development and execution.
- Prepare reviews and present corporate committees and executive briefs.
- Provide administrative direction to Business Development staff, including job performance appraisals and job promotion recommendations.
- Bachelor's degree in Business, Finance, Engineering, or equivalent.
- 12 years of experience.
- CFA, CMA, PMP, or similar certification.
- Industry expertise and knowledge of specific business transaction and venturing activities.
- Expertise in financial analysis of companies and transaction valuation.
- Focused knowledge and experience in one or more of the following: carve-out divestment, financial restructuring, or initial public offering.
- Experience in dealing with local or industry-specific best practices and regulatory and governmental mandates.
- Monthly Base Salary aligned with company employees with similar skills.
- Monthly Overbase of 25% of monthly base salary.
- Benefits Supplement of 20% of monthly base salary, increasing to 25% after 3 years, 30% after 6 years, and 35% after 12 years.
- Severance Package with a 2-year vest period.
- Employment Tax benefits.
- Employee Share Purchase Plan (ESPP) with a maximum purchase equal to 10% monthly base pay and a 20% share discount.
- Incentive Plan based on performance, approximately 1.8x monthly base salary.
- Travel Allowance of approximately $8,200 per household member 11+ years old residing in Saudi Arabia and $6,000 per household member under 11 years old.
- Vacation and Paid Holidays.
- Medical and Dental Plan.
- Educational Assistance Plan (EAP).
- Settling in Allowance.
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