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Procurement Manager in Milford, CT

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 Milford, CT
91560 - 140280
25th percentile
91560
The candidate is new to the role and building the needed skills, experience and autonomy.
50th percentile
125720
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
140280
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 217560 300440 360360 Vice President of Finance 184800 231840 280560 Corporate Controller 169120 206360 238840 Divisional Controller 125440 174440 197400 Assistant Controller 103600 136640 159040 Director of Finance 141680 187040 202440 Director of Accounting 140000 183960 202440 Treasurer 156520 238280 274400 Assistant Treasurer 87640 118440 138040 Financial Project Manager 120400 152880 185640 Forensic Accountant 94920 118160 136360 Property Accountant 76440 87640 105280 Plant Controller 117320 134960 146720 Procurement Specialist 51240 65520 79800

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