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Procurement Manager in Paramus, NJ

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 Paramus, NJ
104640 - 160320
25th percentile
104640
The candidate is new to the role and building the needed skills, experience and autonomy.
50th percentile
143680
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
160320
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 248640 343360 411840 Vice President of Finance 211200 264960 320640 Corporate Controller 193280 235840 272960 Divisional Controller 143360 199360 225600 Assistant Controller 118400 156160 181760 Director of Finance 161920 213760 231360 Director of Accounting 160000 210240 231360 Treasurer 178880 272320 313600 Assistant Treasurer 100160 135360 157760 Financial Project Manager 137600 174720 212160 Forensic Accountant 108480 135040 155840 Property Accountant 87360 100160 120320 Plant Controller 134080 154240 167680 Procurement Specialist 58560 74880 91200

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