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Procurement Manager in Lexington, KY

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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Salary for Procurement Manager in Lexington, KY
75210 - 115230
25th percentile
75210
The candidate is new to the role and building the needed skills, experience and autonomy.
50th percentile
103270
The candidate has the experience to perform core responsibilities without direct supervision and is comfortable with the role’s processes and subject matter.
75th percentile
115230
The candidate delivers value beyond the stated job duties, has advanced qualifications and experience, and is ready for the next career level.
Projected salaries for related positions Position title 25th percentile 50th percentile 75th percentile Chief Financial Officer (CFO) – Corporate Accounting 178710 246790 296010 Vice President of Finance 151800 190440 230460 Corporate Controller 138920 169510 196190 Divisional Controller 103040 143290 162150 Assistant Controller 85100 112240 130640 Director of Finance 116380 153640 166290 Director of Accounting 115000 151110 166290 Treasurer 128570 195730 225400 Assistant Treasurer 71990 97290 113390 Financial Project Manager 98900 125580 152490 Forensic Accountant 77970 97060 112010 Property Accountant 62790 71990 86480 Plant Controller 96370 110860 120520 Procurement Specialist 42090 53820 65550

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