Overview
Buyer – Used Cars Jobs in Riyadh, Saudi Arabia at Petromin Corporation
Title: Buyer – Used Cars
Company: Petromin Corporation
Location: Riyadh, Saudi Arabia
The Job Summary
The Buyer – Used Cars (CPOV) is responsible for sourcing, evaluating, negotiating, and purchasing used vehicles to support the Certified Pre-Owned Vehicle program. The role ensures a high-quality inventory pipeline, optimized purchase pricing, and alignment with sales and refurbishment operations to maximize margins and inventory turnover.
Key Responsibilities / Accountabilit
iesS
r #Technical / Job-Specific Competenc
i
- es1Source and evaluate used-vehicle opportunities to maintain a strong and consistent inventory pipeli
n
- e.2Conduct accurate vehicle appraisal, including condition, history, and refurbishment requiremen
t
- s.3Negotiate purchase prices to optimize margins while ensuring competitive inventory acquisiti
o
- n.4Implement pricing strategies aligned with market trends, stock turnover, and business targe
t
- s.5Monitor inventory levels, stock aging, and turnover performance; adjust sourcing strategy according
l
- y.6Coordinate with refurbishment and inspection teams to ensure vehicles meet CPOV standards and readiness timelin
e
- s.7Manage relationships with suppliers, dealers, and partners; monitor performance and sourcing channe
l
- s.8Analyze market data, competitor pricing, and trends to support effective buying decisio
n
- s.9Ensure compliance with procurement policies, brand standards, and regulatory requiremen
ts
- .10Prepare and present reports on purchasing performance, inventory health, and margin optimizati
on.
The Job P
r
ofile1Educational Qualific
ationsBachelor’s degree in Business, Supply Chain, or related field (pref
e
rred)2Professional Certific
ationsNot mandatory (automotive or procurement certifications are a
plus)3Expe
rienceMinimum 5 years in automotive buying, purchasing, or used-vehicle mana
g
ement4Essential Job Pre-Requ
isites- Strong vehicle appraisal and valuation
skills- Proven negotiation and supplier management expe
rience- Strong analytical and market awareness capa
bility- Ability to manage multiple transactions in a fast-paced envir
o
nment5Languages Profi
ciencyEnglish: Professional Arabic: Pre
ferred