Procurement Manager Salary in Minneapolis, MN | Robert Half

Procurement Manager in Minneapolis, MN

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 Minneapolis, MN
85065 - 130273
25th percentile
85065
New to the role, with little or no experience; requires more than casual instruction or supervision to perform day-to-day duties
50th percentile
116630
Has the experience to consistently perform core responsibilities without direct supervision; very comfortable with processes and subject matter associated with the role
75th percentile
130273
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 188855 283550 321803 Vice President of Finance 153813 218013 263755 Corporate Controller 118770 171468 225503 Divisional Controller 115293 165048 186180 Assistant Controller 86938 127330 148195 Director of Finance 130273 176550 190995 Director of Accounting 126260 171735 188855 Treasurer 140973 224165 258138 Assistant Treasurer 82123 111280 129470 Director of Financial Reporting 131075 164780 189390 Financial Project Manager 113420 144183 174945 Forensic Accountant 89078 111013 128133 Property Accountant 71423 81855 98440 Plant Controller 109140 125458 136425 Procurement Specialist 48150 61525 74900

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