Business Development Specialist

Job Description

The Project Development Support & Coordination Division is seeking a business development specialist to join them.The division is responsible for overseeing and supporting all relevant engineering work to meet the Liquid to Chemicals (LTC) program objectives and ensure meeting project schedules, milestones, and deliverables. In addition, it will oversee the implementation of project governance and its alignment with all stakeholders.The candidate will ensure implementation of work in accordance with the project scope, set plans, and handle contingencies that arise during execution.Key Responsibilities:Ensure implementation of work in accordance with the project scope, set plans, and handle contingencies that arise during execution.Perform financial analysis and modelingMonitor and analyze key performance indicators (KPIs) to identify trends and opportunities for improvementSupport and jointly work with projects? teams to ensure contracts/agreements are developed and executed as agreed.Identify, validate and implement recommendations of all commercial contracts and legal agreements pertaining to the Liquid to Chemicals program.Identifying commercial and operational risks arising from the aforementioned contracts and legal documents.Gather useful information from customer and competitor data.Make and give presentations to prospective partners or/and internal executives.Reading and analyzing large volume of contractual materials.Proofread, edit, and fact-check legal documents for accuracy and consistency.Day to day management of attorneys, contract specialists, temporary staff.Develop and maintain stakeholder relationships.Prepare financial reports, including budgeting, forecasting, and variance analysisDevelop and review various structures of financial modelsAssist in developing pricing strategies and forecasts and evaluating profitability of products or servicesCollaborate with cross-functional teams to develop financial plans for new initiativesConduct market research and competitive analysis to identify market trends and potential risksProvide recommendations based on financial analysis to optimize business performanceConduct sensitivity analysis with the ability to interpret and demonstrate analysis outcome to managementMinimum requirements:As the successful candidate you must hold a Bachelor?s degree in Engineering from a recognized and approved program preferred Chemical Engineering.Preferred to hold a degree in Finance, Accounting, or related field i.e. MBAAt least 15years of experience with a focus in the Refining & petrochemicals business and their integration.At least 5 years of proven work experience, in Business development and commercial contract development.Proven experience as a Financial Analyst or similar role (preferably in chemical industry)Understanding of financial principles, including budgeting, forecasting, and variance analysisCandidate must have significant experience with Economic Evaluations, Cash Flow & Variance Analysis, structured finance, project finance and corporate valuation.Proficiency in financial modeling techniques using Excel or other toolsExperience in negotiating Joint Venture contracts, Memorandum of Agreements (MOU) and other 3rd party agreements.Knowledgeable in the development of business transactions including but not limited to Join Ventures, Mergers and Acquisition and Divestments.Have knowledge of market supply and demand of major refined fuels and petrochemical products and their target destination abroad and final uses and applicationsFamiliarity with contracting and reporting mechanisms.You will be redirected to the company website to apply for this position

Keyskills :
Business development and commercial contract development