Business Development Lead

Position: Business Development Lead

Location:Riyadh, Saudi Arabia

Job Summary: The Business Development Lead is responsible for driving business growth by identifying new opportunities, developing strategic relationships, and leveraging financial modeling to support business decisions. This role requires a strong blend of business acumen, analytical skills, and experience in financial analysis.

Key Responsibilities:

Identify and Develop Business Opportunities:

• Research and identify potential clients and business opportunities within the target market.
• Develop and implement strategies to acquire new clients and business partnerships.
• Conduct market analysis and competitor research to stay informed of industry trends.

Market Entry

Financial Modeling and Analysis:

• Develop and maintain comprehensive financial models to support business decision-making.
• Based on analysis of potential markets, he/she shall identify and secure business development opportunities.
• Analyze financial data to assess the viability of business opportunities and projects.
• Assist Business Development team in preparing plan and strategies to promote companys Vision / Goals.

Strategy Execution:

• Execute and nurture corporate business strategies.
• Prepare business proposals, contracts, and presentations.
• Identify and leverage opportunities across different business units to maximize synergy and enhance overall business performance.
• Develop and maintain Investor relationships to understand the mandates to tailor any solutions for existing or future businesses.

Drive Revenue Growth:

• Develop and execute plans to achieve revenue targets and diversify them.

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Build and Maintain Relationships:

• Establish and maintain strong relationships with clients, partners, and industry stakeholders.
• Represent the company at industry events, trade shows, and networking opportunities.

Qualifications:

4 - 6 Years of Experience in Business Development

• MBA with bachelors degree in chemical engineering / mechanical engineering / electrical engineering
• Proven experience in business development and financial modeling.
• Strong understanding of business plans, financial analysis, forecasting, and budgeting.
• Strong negotiation skills and decision-making and leadership skills
• Excellent communication, negotiation, and presentation skills.
• Ability to work independently and as part of a team.
• Proficiency in financial modeling software, CRM software, and Microsoft Office Suite.
• Focused and goal-oriented