Sr. Business Development Specialist - Upstream Transaction & Execution (Position based in Saudi Arabia)

This position requires full relocation to Saudi Arabia. It is a permanent, expat position. OverviewWe are seeking a Business Development Specialist who has a background in Transaction & Execution to join the Upstream Development Department.The Upstream Development Department is responsible to help shaping Upstream Aramco’s strategy by identifying industry trends, developing the company mergers and acquisitions (M&A) strategy and implementing its programs, including planning, structuring and execution of acquisitions, equity investments and joint ventures, with the goal of ensuring that the transactions realize expected (or better) strategic and return benefits to the company in the Upstream activities. This position requires bringing insights from upstream/midstream markets, including: LNG, gas processing, storage, and distribution.Your primary role will be conducting M&A transactions throughout the investment lifecycle through supporting, evaluating and executing the acquisitions and divestments identified by the business groups and/or the investment teams.Key ResponsibilitiesAs a successful candidate you will be required to perform the following:Consultant's documentation review.Conduct due diligence, develop financial valuation of targets, formulate deal structures, and carry out negotiations up to deal closure.Conduct internal and external assessments to reveal emerging trends that would present future business challenges to overcome and / or new business opportunities to explore.Perform initial sanity checks on documentation packages to ensure all activities are captured, accurately reviewed and processed in a timely manner.Management of queries addressed by Advisors.Updating of documentation and processing status in the inventory database as per clearly defined processesDealing with Company' requests concerning different changes on transactionEffective communication and close cooperation with representative of other COMPANY departments.Execute assigned tasks ensuring that the expected deliverables are submitted within the defined timelines and are as per the quality requirements.Assist in the due diligence activities in accordance with established methodologies and approaches as per the due diligence checklist.Assist in the development of reports and presentations pertaining to the investment opportunities, in order to evaluate the risk/return parameters of the acquisition, and to facilitate informed decision-making.Keep up-to-date with market developments to develop basic understanding of various transaction related products and principles.Assist in the development and maintenance of strategic relationships with key external stakeholders to facilitate M&A matters.Convert raw data and information into actionable business intelligence to enable the identification of new business opportunities at their early stage.You are willing and able to relocate to Saudi Arabia.Minimum RequirementsAs a successful candidate you hold a:Bachelor's degree in Accounting, Business, Finance from an accredited university.Minimum of 10 years of experience in transaction execution.5 years of experience in conducting external audits, or other financial or tax due diligence experience.Proven analytical and problem-solving skills.Solid understanding of accounting fundamentals.Solid understanding of business model.Experience with risks reporting and risks dashboard.Understanding of Portfolio management principles.Aramco energizes the world economy.Aramco occupies a special position in the global energy industry. We are one of the world’s largest producers of hydrocarbon energy and chemicals, with among the lowest Upstream carbon intensities 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.