Procurement Manager

Procurement Manager Job Description

Companies look for candidates with the business acumen and negotiating skills to negotiate favorable deals and contracts with vendors and suppliers. Strategic thinkers with the ability to devise procurement strategies that meet the organization’s needs and objectives are highly valued for this role. Procurement managers must also have the leadership and project management skills to manage and motivate a procurement team, set objectives and monitor progress. Candidates for this position typically have a bachelor’s degree in business, finance or a related field, plus five or more years experience in procurement or supply chain management.

Typical procurement manager duties:

Developing and implementing procurement policies, procedures, and best practices to ensure compliance with organizational standardsNegotiating and managing contracts with suppliers and subcontractors for the procurement of goods and servicesMonitoring supplier performance and addressing any issues arising from contractsCoordinating the RFP process, including evaluation of proposals and selection of vendorsSupervising the organization’s procurement team

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3M
About Time
CapEx
Commodity Management
Cost Savings
ERP - Enterprise Resource Planning
ERP Solutions
Logistics
MRO
MRP ERP System
Salary for Procurement Manager
79500 - 121750
25th percentile
79500
New to the role, with little or no experience; requires more than casual instruction or supervision to perform day-to-day duties
50th percentile
109000
Has the experience to consistently perform core responsibilities without direct supervision; very comfortable with processes and subject matter associated with the role
75th percentile
121750
Value to the organization goes far beyond the ability to perform normal job duties; has rare qualifications that enable consistent contribution in unique ways; ready for next career level when available
Projected salaries for related positions Position title 25th percentile 50th percentile 75th percentile Chief Financial Officer (CFO) – Corporate Accounting 176500 265000 300750 Vice President of Finance 143750 203750 246500 Corporate Controller 111000 160250 210750 Divisional Controller 107750 154250 174000 Assistant Controller 81250 119000 138500 Director of Finance 121750 165000 178500 Director of Accounting 118000 160500 176500 Treasurer 131750 209500 241250 Assistant Treasurer 76750 104000 121000 Director of Financial Reporting 122500 154000 177000 Financial Project Manager 106000 134750 163500 Forensic Accountant 83250 103750 119750 Property Accountant 66750 76500 92000 Plant Controller 102000 117250 127500 Procurement Specialist 45000 57500 70000

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