Procurement Manager in Stamford, 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 Stamford, CT
106275 - 162825
25th percentile
106275
The candidate is new to the role and building the needed skills, experience and autonomy.
50th percentile
145925
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
162825
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 252525 348725 418275 Vice President of Finance 214500 269100 325650 Corporate Controller 196300 239525 277225 Divisional Controller 145600 202475 229125 Assistant Controller 120250 158600 184600 Director of Finance 164450 217100 234975 Director of Accounting 162500 213525 234975 Treasurer 181675 276575 318500 Assistant Treasurer 101725 137475 160225 Financial Project Manager 139750 177450 215475 Forensic Accountant 110175 137150 158275 Property Accountant 88725 101725 122200 Plant Controller 136175 156650 170300 Procurement Specialist 59475 76050 92625
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