Senior Manager - Business Development

Description

• Identify and evaluate new opportunities for retail discount expansion across Saudi, including new stores, acquisitions, and partnerships.
• Conduct feasibility studies, financial modeling, and due diligence for potential projects to ensure strategic alignment and profitability.
• Track competitor activity, market trends, and customer demographics to provide insights and optimize site selection strategies.
• Mentor and develop junior team members while promoting a culture of accountability, collaboration, and continuous improvement.
• Negotiate commercial terms, contracts, and agreements to secure favorable outcomes for the organization.
• Build and manage relationships with landlords, developers, government bodies, and regulatory authorities to support expansion initiatives.
• Oversee end-to-end execution of business development projects, ensuring timelines, budgets, and quality standards are met.
• Monitor ROI and performance of new stores, report variances, and recommend corrective measures to achieve financial targets.

Requirements

• Minimum 3–5 years of experience in the Saudi market with a strong understanding of retail property development.
• Strong financial modeling, analytical, and commercial skills with the ability to build robust business cases.
• 8–12 years of progressive experience in business development, real estate, or expansion within retail/FMCG.
• MBA or postgraduate qualification in Strategy or Finance is preferred.
• Bachelor’s degree in Business Administration, Real Estate, Economics, or a related field.
• Proven track record of managing negotiations and delivering successful retail expansion projects.

Benefits

• Work in a friendly environment, where everyone shares positive vibes and excited about our future.
• Work with over 45,000 diverse and talented colleagues, all guided by our Leadership Model.

Training + Development

Interview process

Visa Sponsorship

Security clearance