Procurement Manager Salary in Chicago, IL | Robert Half

Procurement Manager in Chicago, IL

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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SAP S/4HANA
Microsoft Excel
MRO
ERP Solutions
Spreadsheets
Procurement
Suppliers
Vendors
Materials Handling
Pricing
Salary for Procurement Manager in Chicago, IL
98580 - 150970
25th percentile
98580
New to the role, with little or no experience; requires more than casual instruction or supervision to perform day-to-day duties
50th percentile
135160
Has the experience to consistently perform core responsibilities without direct supervision; very comfortable with processes and subject matter associated with the role
75th percentile
150970
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 218860 328600 372930 Vice President of Finance 178250 252650 305660 Corporate Controller 137640 198710 261330 Divisional Controller 133610 191270 215760 Assistant Controller 100750 147560 171740 Director of Finance 150970 204600 221340 Director of Accounting 146320 199020 218860 Treasurer 163370 259780 299150 Assistant Treasurer 95170 128960 150040 Director of Financial Reporting 151900 190960 219480 Financial Project Manager 131440 167090 202740 Forensic Accountant 103230 128650 148490 Property Accountant 82770 94860 114080 Plant Controller 126480 145390 158100 Procurement Specialist 55800 71300 86800

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