Busines Development Specialist

Full Time


We are committed to playing a leading role in the energy transition. We have a responsibility to help the world achieve a net-zero economy, and our people are working hard to help solve the world's sustainability challenges. For our customers, we are a supplier of choice. For our shareholders, we provide long-term value creation. For communities around the world, our ambition is to provide reliable, affordable, and more sustainable energy.

Job Details:
Looking a New Energies Business Development Analyst to join the Merger & Acquisition Departments
The Business Development Analyst’s primary role is to support the screening, planning, analyzing, developing a new business venture and executing mergers and acquisitions (M&A), joint ventures and divestments at Saudi Aramco with a focus on renewable and low-carbon energies.

The Merger & Acquisition Department is responsible for executing M&A transactions originated by different business lines of the company and approved by Saudi Aramco’s corporate management.

The Analyst will evaluate transaction proposals and actively manage the execution of such projects. The Analyst will be actively involved in valuation, due diligence, negotiations and structuring of transactions leading to final deal signing and closing.


Independently handles business proposals, draft the Non-Binding Offer (NBO), develop a negotiation strategy and commercial terms for the transaction and reflect as such in the term sheet. Negotiate and develop definitive agreements (with the help of law department and other relevant organizations in the company),

Conduct detailed due diligence on different aspects of target companies (with support from relevant organizations in the company),

Perform valuation of target companies based on different methods (with support from other organizations in the company) and evaluate the business plan of the targets,

validation activities to progress proposals through stage gates, prioritize business proposals against investment criteria and NBD portfolio strategy,

Manage all aspects of transaction execution including management of the overall project such as selecting, onboarding and working with advisors,

Manage the overall stakeholder management including working with internal organizations, consultants and potential partner(s),

Assembles initial offerings to potential investors, Lead investor selection activities, and Coordinates with Saudi Aramco subject matter experts to draft Memorandums of Understanding/Letter of Intent,

Provides administrative direction in the development and review of legal documents which include head of terms, MoU, Cost sharing agreements, and shareholder agreements and manage business portfolio,

Ensures compliance to process stage gates and approvals, approves contract payments and variations within limit, provides administrative direction and personnel management to all assigned Business Development Analysts and performs other miscellaneous duties as directed.

  • Support law department in anti-trust clearance activities and internal proponent organizations in the post-acquisition integration activities, and
  • Perform other miscellaneous duties as directed.
  • Attention to detail with a high degree of control and emphasis on quality
  • Strong team player: demonstrating initiative, dynamism and creativity
  • Good interpersonal communication skills
  • Working knowledge of a variety of MS office tools
  • Time-management skills, ability to meet deadlines and to work under stress
  • Proven analytical and problem-solving skills
  • Fluency in English (and other languages if possible)
  • Solid understanding of commercial business models in various sectors e.g. oil & gas etc.
  • Experience with risks reporting and risks dashboard
  • Understanding of portfolio management principles
  • Solid understanding of accounting fundamentals
  • Chartered Financial Analyst (CFA), Certified Management Accountant (CMA), or Project Management Professional (PMP) certification are advantageous

A successful candidate will preferably hold a Bachelor’s degree in Accounting, Economics, Business, Finance from a recognized and approved international program. An MBA and/or an equivalent qualification will be a plus, although not a requirement.

An ideal candidate will have at least (10-15) years of experience in business development which should include at least five (5) years of experience in M&A transaction execution in renewable and low-carbon energies.