Sr. Manager, C&LCS, Ventures & M&A
Houston, TX, US, 77010
LyondellBasell
Come Join an Inclusive Team:
LyondellBasell (NYSE: LYB) is one of the largest plastics, chemicals and refining companies in the world. Driven by its employees around the globe, LyondellBasell produces materials and products that are key to advancing solutions to modern challenges like enhancing food safety through lightweight and flexible packaging, protecting the purity of water supplies through stronger and more versatile pipes, improving the safety, comfort and fuel efficiency of many of the cars and trucks on the road, and ensuring the safe and effective functionality in electronics and appliances. LyondellBasell sells products into more than 100 countries and is the world's largest producer of polypropylene compounds and the largest licensor of polyolefin technologies. In 2022, LyondellBasell was named to Fortune Magazine's list of the "World's Most Admired Companies" for the fifth consecutive year.
We have the potential — and responsibility — to use this scale and reach to make a positive impact across our value chains. That’s why we are working to make meaningful progress to address some of the world’s most pressing challenges such as reducing plastic waste in the environment, helping to mitigate climate change and contributing to a thriving society for our employees, the communities where we operate and the people who depend on our products.
Reporting to the Director, M&A and Ventures C&LCS, this role will stress test business cases, valuations and M&A proposals. This role will manage transactions and activities for the C&LCS business unit. They will work directly with C&LCS’ business team, with a focus on the origination, approach, and relationship building of prospective targets, development and execution of target company acquisitions, partnerships or divestitures of current operations, and assessment of financial and business merits of transactions. They will also work closely and collaborate with the Strategic Planning & Transactions leaders as well as Business leaders and cross functional teams to identify target acquisition opportunities, drive the transaction, manage the due diligence team, and assist in conducting negotiations with third parties through to closing. This role will assist in the planning of post-deal integration initiatives for JVs and acquisitions, ensuring seamless operational and financial synergy. The role is based in Houston.
A Day In The Life:
- Developing a high-performing team of BD and M&A financial support specialists based in North America.
- Coordinating elements of the Long Range Planning process including challenging key assumptions and building appropriate models and templates to underpin the financial forecasts.
- Driving the implementation of C&LCS's Long Range Planning through effective coordination and participation.
- Execution and management of transactions (mergers, acquisitions, divestitures, and joint-ventures).
- Manage the execution of engagement letters, confidentiality agreements, offer memoranda, MOU’s/LOI’s, and definitive agreements.
- Evaluate the merits and risks of strategic investments, acquisitions, divestitures and partnerships, as well as develop accompanying financial and quantitative analyses.
- Assist in negotiations as one of LYB’s representatives within the parameters established by executive management.
- Assist in developing recommendations to executives on business structures, business plans, and projected financial returns of projects.
- Coordinate evaluation of the business portfolio, assessing existing business performance and new market development, including adjacent and new verticals and geographic expansions.
- Partner with cross-functional teams through engagement, negotiation and close of transactions. Liaise with operational teams to help facilitate successful deal execution, including managing various functional work streams.
- Lead diligence efforts including working with functional teams, external support consultants, bankers and interacting with counterparties on multiple transactions.
- Develop initial integration plans for acquisitions and for separation of divestitures.
- Support post closing periodical reporting requirements and monitor acquisition performance and realization of growth targets.
- Represent C&LCS in post-deal activities with JV partners. Be accountable to manage cash call requests for JVs including analyzing underpinning returns profiles of future JV growth projects.
- Partner with cross-functional teams to develop and analyze synergies and costs to achieve through diligence, challenging as necessary.
- Prepare executive level communications on M&A project pipeline, individual project summaries including transaction competitive landscape and critical transaction issues, alternative evaluations, strategic fit and business case.
- Assist in developing best practices and continuous improvement of processes within the function.
Value You Bring:
- Bachelor’s degree in Business Administration, Finance or engineering (chemical engineering preferred) with adequate financial experience.
- Typically 10 years of relevant experience in cross-functional, complex global environments with a focus on business development, finance and/or transactions.
- Demonstrated experience in business development, investment banking, private equity, or finance/evaluation related role with a focus on transactions.
- Excellent analytical capabilities and extensive financial modelling skills and a mastery of valuation methodologies.
- Chemicals/broader process industries experience would be preferred.
- Excellent verbal, written, and presentation skills.
- Excellent analytical, research, organizational, and project management skills.
- Demonstrated leadership and influencing skills.
What We Offer:
LyondellBasell is proud to provide a competitive total compensation package designed to reward excellence and support the well-being of our employees. Our Total Rewards package includes equitable and market-competitive base pay as well as locally relevant incentives, fostering a culture of pay-for-performance that recognizes both individual and company achievements.
- Workplace flexibility: The Company’s Global Remote Work Policy allows eligible employees the option to work up to three days a week from home.
- Comprehensive health, welfare, life and retirement programs aligned with local practices.
- Comprehensive Well-being Benefits: Programs to support your physical, mental, financial, and social health, ensuring you receive the care you need, when you need it.
- Employee Stock Purchase Plan which offers a 10% discount on LYB stock for eligible employees in Germany, Italy, Netherlands, Spain, and US.
- Educational Assistance Program: To encourage self-development by providing financial aid for approved educational activities voluntarily undertaken by employees.
- Global Adoption Policy: Support for employees expanding their families.
- Bravo Rewards Program: Recognizing outstanding employee contributions.
- Professional Development: Opportunities to learn and grow through training, mentoring, work experiences, community involvement, and team building activities.
- Competitive Vacation Policies: Generous paid vacation and holidays to support your work-life balance.
- Matching Gifts Program: Enhance the impact of your charitable contributions to qualified organizations.
- Employee Discounts: Access to discounts on various products and services.
*Eligibility for certain benefits and rewards programs will vary based on your job status, work location and/or the terms of any applicable collective bargaining agreement and may be changed from time to time without notice, subject to applicable law.
Competencies
We are LyondellBasell – a leader in the global chemical industry creating solutions for everyday sustainable living. Through advanced technology and focused investments, we are enabling a circular and low carbon economy. Across all we do, we aim to champion our employees, and unlock value for customers, investors and society. LyondellBasell places high priority on diversity, equity and inclusion and is strongly committed to our planet, the communities where we operate and our future workforce. As one of the world’s largest producers of polymers and a leader in polyolefin technologies, we develop, manufacture and market high-quality and innovative products for applications ranging from sustainable transportation and food safety to clean water and quality healthcare. For more information, please visit www.lyondellbasell.com or follow @LyondellBasell on LinkedIn.
Must be at least 18 years of age and must be legally authorized to work in the United States (US) on a permanent basis without visa sponsorship.
LyondellBasell does not accept or retain unsolicited résumés or phone calls and/or respond to them or to any third party representing job seekers.
LyondellBasell is an equal opportunity employer. We evaluate qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, age, veteran status, and other protected characteristics. The US EEO is the Law poster is available here.
Nearest Major Market: Houston