MANAGER STRATEGY & BUSINESS DEVELOPMENT

About the Role

Alfanar Projects is seeking a Manager, Strategy & Business Development to join their team in Riyadh. This full-time role focuses on identifying, developing, and executing cross-business growth opportunities that generate new revenue streams and enhance synergies across the company’s business units. The position supports long-term growth and diversification by focusing on corporate-level strategic initiatives, new business platforms, partnerships, and investments.

Key Responsibilities

• Identify new business opportunities aligned with the company’s long-term vision and translate strategic priorities into executable business opportunities.
• Develop and launch new revenue platforms across multiple business units, leading feasibility and commercial assessments of new corporate initiatives.
• Identify opportunities to create synergies between existing business units and develop integrated solutions that combine capabilities across divisions.
• Coordinate with business unit leaders to implement synergy initiatives and track/report synergy value creation.
• Identify emerging sectors, technologies, and service models, then develop commercial models for new business lines and lead the creation of new corporate platforms or verticals.
• Support the launch and early-stage growth of new ventures.
• Identify and engage with global partners, technology providers, and investors, structuring strategic alliances, joint ventures, or co-development models.
• Support executive-level negotiations and relationship management, ensuring partnerships generate measurable revenue and strategic value.
• Identify acquisition and investment opportunities aligned with corporate growth platforms, developing business cases, financial models, and valuation analyses.
• Support due diligence and transaction structuring, assisting executive leadership in investment decisions.
• Support the CEO and senior leadership in developing strategic client relationships and identifying long-term programs with key government and strategic clients.
• Position the company as a strategic partner rather than a transactional contractor.
• Build and maintain a pipeline of corporate-level strategic opportunities, prioritizing initiatives based on strategic fit and financial returns.
• Present opportunities to executive leadership and the board.

Experience Required

Candidates should possess a minimum of 15 years of relevant experience in strategy and business development roles, with a focus on corporate-level initiatives and cross-business growth.

Work Environment

This is a full-time position based in Riyadh, where the Manager will work closely with executive leadership to drive expansion into new sectors, services, and markets.