Fleet Purchasing Officer - Used Vehicles
Syarah · Riyadh
Syarah is on a mission to transform the way people buy cars in Saudi Arabia and the Middle East. We offer customers an end-to-end digital car buying experience, allowing them to purchase their next vehicle from the comfort of their homes. Behind the scenes, we build and operate systems that manage vehicle sourcing, inspection, photography, merchandising, reconditioning, financing, insurance, shipping, and much more. Our goal is to make car buying a seamless, transparent, and enjoyable experience.
The ideal candidate should have hands-on experience in used vehicle procurement, strong knowledge of the Saudi automotive market, and the ability to build long-term supplier relationships while securing quality vehicles at competitive prices.
Key Responsibilities
- Source used vehicles from fleet owners, leasing companies, corporate accounts, dealerships, and wholesale suppliers.
- Identify and develop new supplier relationships to expand the company's vehicle sourcing network.
- Manage the end-to-end purchasing process, from identifying potential vehicles to price negotiation, purchase approval, and vehicle handover.
- Negotiate purchase prices and commercial terms to ensure competitive acquisition costs and target profitability.
- Assess vehicle market value by analyzing current market prices, vehicle specifications, mileage, model year, condition, and resale potential.
- Coordinate vehicle inspections and review inspection reports to evaluate vehicle condition, repair requirements, and potential risks.
- Evaluate bulk purchasing opportunities and fleet disposal deals to maximize sourcing efficiency.
- Maintain strong relationships with suppliers and ensure consistent access to suitable vehicle inventory.
- Coordinate with internal teams, including Sales, Auctions, Operations, Inspection, Finance, and Logistics, to ensure smooth purchasing and vehicle transfer processes.
- Verify vehicle documentation, ownership records, and other required paperwork before completing purchases.
- Monitor automotive market trends, used vehicle prices, competitor activities, and supply opportunities.
- Maintain accurate records of supplier information, purchase orders, negotiated prices, vehicle details, and transaction status.
- Track procurement performance against targets, including purchase volume, acquisition costs, sourcing efficiency, and vehicle quality.
- Prepare regular reports on purchasing activities, supplier performance, market opportunities, and procurement results.
- Ensure all purchasing activities comply with company policies, approval limits, and applicable Saudi regulations.
Requirements
- Bachelor's degree in Business Administration, Supply Chain Management, Procurement, or a related field is preferred.
- Proven experience in used vehicle purchasing, automotive procurement, fleet acquisition, or wholesale vehicle trading.
- Experience dealing directly with fleet operators, leasing companies, or corporate vehicle owners is highly preferred.
- Strong knowledge of the Saudi used car market, vehicle pricing, and resale values.
- Demonstrated negotiation and supplier relationship management skills.
- Ability to evaluate purchasing opportunities based on vehicle condition, market value, and expected resale profitability.
- Good understanding of vehicle inspection processes and automotive documentation.
- Strong analytical, commercial, and problem-solving skills.
- Proficiency in Microsoft Excel and purchasing or inventory management systems.
- Fluency in Arabic is required; English proficiency is an advantage.
- Ability to work in a target-driven environment and manage multiple purchasing opportunities simultaneously.
- Valid Saudi driving license is preferred, depending on operational requirements.