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Manager​/Senior Manager, Business Development KSA

Job in Riyadh, Riyadh Region, Saudi Arabia
Listing for: Acwa
Full Time position
Listed on 2026-09-17
Job specializations:
  • Business
    Business Development, Business Analyst, Financial Analyst, Corporate Strategy
Salary/Wage Range or Industry Benchmark: 600000 - 900000 SAR Yearly SAR 600000.00 900000.00 YEAR
Job Description & How to Apply Below
Position: Manager / Senior Manager, Business Development KSA

The ideal candidate will lead and implement a fit for purpose business development strategy for all kind of Renewables technology development for PV, BESS, Wind, Green Hydrogen for ACWA and guide the execution of all the business development activities including identifying opportunities, conducting feasibility studies, selecting suitable partners, allocating resources, bidding for opportunities, and handing the project over the Assets team, for the assigned area/technology, in order to enable growth of Company's asset portfolio and to help meet its long-term strategic targets.

Key Responsibilities:

Strategy and Plans
  • In conjunction with, and as required by the Head of Regional BD, contribute to the formulation, implementation, and delivery of the Group's country strategy in line with the ACWA vision, mission, values, and priorities.
  • Translate the strategy into operational business plans for the short, medium, and long term for the Business Development function and ensure that performance is monitored, reported, and delivered and necessary actions are taken to achieve the strategy and plans.
  • Monitor the performance of Business Development function and prepare periodic reports on its overall performance, to ensure deviations from performance targets are identified and reported in a timely manner, and that actions are adjusted to achieve set annual action plan.
  • Recommend and manage the budget for the Business Development function and monitor financial performance so that the business is aware of anticipated costs and revenues, areas of unsatisfactory performance and improvement opportunities are identified and addressed to ensure the budget is managed in line with requirements.
  • Tariff Development, competitive bid assessment
Identification of Business Opportunity
  • Lead the identification of suitable Greenfield or Brownfield business opportunities through reviewing the market landscape on a regular basis in order to contribute to the growth of the business.
  • Execute complex business development activities for the allocated project bid, Identifying and sourcing potential partners for the project and developing suitable and compliant bids with inputs from various functions, in order to contribute to the Company's growth, while ensuring project requirement are met and processes & procedures are adhered to.
  • Build and maintain strategic relationships with key stakeholders including "off takers", contractors, competition as well as possible partners, to tap on any possible opportunities that may arise in future.
  • Ensure the identified leads from different markets/ countries, are followed through and executed in a timely manner.
Feasibility Studies of Business Opportunity
  • Assess the allocated business opportunity for economic viability using preliminary economic models, in order to ensure all evaluation criteria and aspects are considered and bids are evaluated accurately.
  • Lead and guide the development of technical configurations and options for evaluating the economic viability via preliminary economic models, in order to ensure all evaluation criteria and aspects are considered and bids are evaluated accurately.
  • Conduct financial feasibility analysis including valuation analyses, cash flow projections, revenue projections, ROI analysis, tariff rate etc. in collaboration with the Corporate and Project Finance teams, in order to ensure all relevant inputs are available to aid in decision making.
  • Submit the final Tariff along with the financial model to the "owner/ off taker" of the business opportunity in order for them to verify the model.
  • Collaborate with APF (Acquisition and Project Finance) and BD teams to carry out various due diligences (technical, legal & regulatory, environmental, economic, financial, etc.) of potential acquisitions of relevant assets.
Identification of Technology and Potential Partners
  • Participate in the identification of potential partners, contractors and suppliers, technical advisors, 3rd party auditors, etc. who can add value to the Company and perform the projected work, based on market research and due diligence, and assess and evaluate options, in order to provide all the necessary information to aid in decision making.
  • Review, assess/ evaluate and select available technologies in the market which meet the needs of the opportunity and ensure that the contractors, O&Ms, have the capability to execute these as per the requirements.
Bid Preparation
  • Collect, organize, and distribute all pertinent data, data from the "off…
Position Requirements
10+ Years work experience
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