Portfolio and Mergers & Acquisitions Manager - New Energy

About Woodside EnergyWe know great results come from our people feeling valued, getting the support they need to reach their full potential as well as bring their whole self to work. We also recognise that enduring, meaningful relationships with communities are fundamental to maintaining our licence to operate.Technology and innovation are essential to our long-term sustainability. We are growing our carbon and New Energy businesses using technology to reduce emissions and the carbon footprint of our products. We are working to improving energy efficiency, offset emissions, reduce emissions intensity and explore options for lower-carbon energy. Woodside led the development of the LNG industry in Australia and is applying this same pioneering spirit to solving future energy challenges.Our global headquarters are based in Perth and our state-of-the-art campus reflects the quality of life Perth is known for - with a six Green Star rating, advanced wellness features and flexibility in how you work.About the Role:Woodside Energy are looking for a Portfolio and Mergers & Acquisition manager to join their New Energy team in Perth!Reporting to the General Manager Portfolio and M&A, New Energy, this position is critical to delivering the New Energy strategy, including meeting the 2030 corporate targets of US$5 billion of investment in New Energy products and lower carbon services, and the Scope 3 Emissions Abatement Target of FID on projects with a total abatement capacity of 5 Mtpa of CO2-equivalent.In this role, you will support the development of regional New Energy strategies and portfolio management activities, along with the origination and execution of M&A opportunities.Duties & Responsibilities:

• Lead the development of regional strategies; the identification of coveted assets; and the preparation of counterpart engagement plans.
• Manage cross-functional teams in evaluating and executing new business M&A opportunities.
• Demonstrate a strategic mindset with an objective and solution-focused approach to risk in an uncertain environment.
• Embed consistent decision making and systematic, fit-for-purpose evaluation processes to achieve our carbon reduction and value-creation objectives, ensuring that the New Energy portfolio is optimised
• Meet the Woodside leadership expectations commensurate with the JL of this role.
• Demonstrate a deep understanding of New Energy market fundamentals, including global and regional trends, climate scenarios, demand drivers and value chain dynamics.
• Strategy development based on market insights.
• Portfolio optimisation/management including defining key project milestones and identifying key decision-points for acquisition, development, sell-down, divestiture, or recycle.
• New opportunity origination based on strategic objectives, portfolio requirements and market insights.
• Build and leverage internal and external networks to achieve role objectives.
• Develop and negotiate the required commercial agreements to execute transactions (with GM M&A and Legal).
• Frame M&A opportunities to properly define the opportunity, process, and valuation approach, and to inform negotiation/offer positions.
• Build relationships both internally and externally to generate leads for NE M&A opportunities

Skills & Experience:

• M&A process management and deal execution, including transaction structuring
• Business case framing and preparation of articulate and concise recommendations
• Experience in New Energy markets, ideally in low-carbon hydrogen derivatives, CCS or renewables.
• Experience in building successful relationships, originating new business and managing an existing portfolio of opportunities.
• Strategy development
• Commercial agreement mandate preparation and negotiation
• Proven track record of improving the market position of a company
• Experience (10+ years) in Business Development, Origination, Commercial, and/or Engineering
• Tertiary qualifications in any of the following: Commerce, Economics, Finance, or Engineering
• Strong leadership, analytical and risk management skills to maximise the opportunity set and optimise execution in this dynamic environment.

If you think you can do this job but don't meet all the criteria, that's OK! Please apply. At Woodside, we value people with diverse experiences and backgrounds, as they provide unique perspectives that help us innovate.Recognition & Reward:What you can expect from us:

• Commitment to your ongoing development, including on-the-job opportunities, formal programs, coaching and mentoring
• Industry-leading 18 weeks' paid parental leave for primary carer, and maintenance of superannuation or retirement benefits at the current rate during any period of unpaid parental leave for up to 24 months (plus secondary carer leave entitlements)
• Values led culture
• Active employee community groups for gender equality, reconciliation between Indigenous and non-Indigenous Australians, and LGBTI+ staff and allies, and Neurodiversity
• Community volunteering opportunities
• Relocation assistance (if required)
• A competitive remuneration package featuring performance-based incentives and above-industry superannuation contributions

Woodside is committed to fostering an inclusive and diverse workforce culture, which is supported by our Values. Our aim is to attract, develop and retain a truly diverse and high-performing workforce.Diversity encompasses differences in age, nationality, race, ethnicity, national origin, religious beliefs, sex, sexual orientation, intersex status, gender identity or expression, relationship status, disability, neurodiversity, cultural background, thinking styles, experience, family background, including caregiving commitments, and education. Inclusion centres on all employees creating a climate of trust and belonging, where people feel comfortable to bring their whole self to work.We offer supportive pathways for all employees to grow and develop leadership skills. We encourage applications from Aboriginal and Torres Strait Islander people and those seeking a more flexible working environment, including part-time opportunitiesApplications close at 11:59pm AWST on 19th April 2024.Click APPLY to submit your applicationPlease note Woodside Energy will only accept direct candidate applications. We do not accept applications from Recruitment Agencies.