Renewables Transaction Specialist

About the Company

This company engages in the exploration, production, transportation, and sale of crude oil and natural gas. It operates through the following segments: Upstream, Downstream, and Corporate. The Upstream segment includes crude oil, natural gas and natural gas liquids exploration, field development, and production. The Downstream segment focuses on refining, logistics, power generation, and the marketing of crude oil, petroleum and petrochemical products, and related services to international and domestic customers. The Corporate segment offers supporting services including human resources, finance, and information technology. The company was founded on May 29, 1933 and is headquartered in Dhahran, Saudi Arabia.

Job Summary

We are seeking a Renewables Transaction Specialist to join our Renewable Value Chain and Investment Division (RVC&ID) RVC&ID performs opportunity scanning for This Company facilities and affiliates, expansion of renewable business, achieve revenue targets as set by the Management, upfront business case development, high level feasibility study, identifies strategic alignment and coordinates with technical team for detailed site-specific engineering analysis for residential, commercial, and industrial scales for different facilities. Your primary role is to lead the planning and development of new renewables business ventures and investments by applying extensive knowledge in the area of transaction management. This includes mergers & acquisitions, JV development and 3rd Party transactions. The candidate should be independently capable of conducting job activities with minimal direction and supervision.

Responsibilities:

• Initiate, develop & expand the Company's renewable business.
• Achieve revenue targets as set by the Management.
• Support strategy development and long-term plans to deploy renewable applications.
• Prepare periodical progress reports for management.
• Lead the team to interpret and audit financial models of opportunities, conduct sensitivities and produce key financial ratios.
• Evaluate new business proposals and participate in the development of complex new business ventures.
• Identify project risks, analyze and recommend mitigation measures to be incorporated during contract negotiation.
• Lead the development of Power Purchase Agreements with developers of renewable projects.
• Lead the structuring of binding agreements such as Shareholders Agreement, Project Development Agreement, O&M Agreement, and Equity Subscription & Retention Agreement.
• Lead the structuring and negotiation of deals to achieve final deal closure.
• Review and consult on all transaction documents.
• Work with corporate teams to achieve desired results of transactions.
• Lead and direct the work of team members with less experience.
• Build a learning environment and ensure knowledge transfer through mentorship of young talent.

Requirements:

• Bachelor's Degree in Engineering (Electrical or Renewables) or in Business (Finance or Management). An MBA Degree is preferable.
• 12+ years' experience in business development and transactions.
• Strong background in renewable project development, deal structuring, stakeholder management, financial modeling, bankability and valuations is essential.
• Project management skills are desired.

Skills : Deal Structures,Deal Closure,Deal,Stakeholder,Bankability,Valuation,Renewable