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In-Kingdom Business Manager
1 week ago
We are seeking a highly experienced Business Development Professional to join our In-Kingdom Retail Department (IKRD) as a Business Development Expert.
Job Overview:The IKRD is the custodian of Aramco's retail business inside the Kingdom of Saudi Arabia and is responsible for strategy formulation, business development, M&A, and management of retail fuel subsidiaries and Joint ventures.
Key Responsibilities:- Enable the execution of the Retail strategy through development of an opportunities pipeline and/or leading a complex M&A transaction.
- Manage business development process from screening through business proposals, including drive screening and validation activities to progress proposals through stage gates, and prioritize business proposals against investment criteria.
- Develop complex business cases to further prospective business ventures and summaries information from feasibility studies that serve as inputs to business plans.
- Provide functional expertise to determine the capabilities and risks associated with proposed new expansion levers, e.g. assessment of operating models, non-fuel offerings, branding, sales, marketing and logistics.
The ideal candidate will have at least 15 years of experience in fuel retail or related businesses gained at different organizational levels within major In-Kingdom and Global oil companies.