Business Development Manager

Job Location - Riyadh, Saudi Arabia

Job Summary: The Business Development Manager is responsible for driving business growth by identifying new businesses and diversifying revenue streams, 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 businesses to diversify revenue streams.
• 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

Analyze new markets for potential entry, develop market entry strategies, and oversee the execution of these plans to establish a strong market presence.

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.

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:

• 10- 15 Years of Experience in Business Development
• MBA with bachelors degree in relevant field
• 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

Why Join Alfanar Projects

Since 1976, weve grown and diversified our business to meet the evolving needs of a changing world. Alfanar Projects is an integrated global project developer and engineering, construction, and technology solutions provider with a robust portfolio of landmark projects across the energy, water, and infrastructure sectors.

From Saudi Arabia to the rest of the world, we work closely with governments and partners to deliver strategic projects that support national goals and long-term visions. Our work directly contributes to sustainable development and infrastructure modernization in multiple countries.

At the heart of our success are more than 10,000 professionals, diverse, skilled, and united by purpose. Our global teams are committed to delivering impact-driven solutions that shape a better, more sustainable future.

• Seniority Level
• Mid-Senior level
• Industry
• Construction
• Employment Type
• Full-time
• Job Functions
• Business Development
• Consulting
• Skills
• Vision Development
• Problem Solving
• Analytical Skills
• Strategy
• Key Performance Indicators
• Presentations
• Strategic Initiatives
• Emerging Technologies
• Market Research
• Competitive