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Procurement Specialist in Albany, NY

Procurement Specialist Job Description

Procurement specialists need excellent communication and negotiation skills to build relationships with vendors and suppliers. Firms look for candidates with strong business and financial acumen, including the ability to interpret financial data and identify potential cost savings. Top candidates have a deep understanding of industry standards and regulations, as well as proficiency with enterprise resource planning (ERP) systems. Generally, employers look for professionals with a bachelor’s degree in a business-related field and at least two years of experience in procurement or supply chain management.

Typical procurement specialist duties:

Negotiating contracts with vendors and managing relationships with suppliersMonitoring and analyzing market trends and researching industry suppliersEstablishing quality assurance standards and verifying the quality of purchased productsMaintaining accurate records of purchases and expensesManaging inventory levels and tracking orders to ensure timely delivery

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Salary for Procurement Specialist in Albany, NY
43920 - 68400
25th percentile
43920
The candidate is new to the role and building the needed skills, experience and autonomy.
50th percentile
56160
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
68400
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 186480 257520 308880 Vice President of Finance 158400 198720 240480 Corporate Controller 144960 176880 204720 Divisional Controller 107520 149520 169200 Assistant Controller 88800 117120 136320 Director of Finance 121440 160320 173520 Director of Accounting 120000 157680 173520 Treasurer 134160 204240 235200 Assistant Treasurer 75120 101520 118320 Financial Project Manager 103200 131040 159120 Forensic Accountant 81360 101280 116880 Property Accountant 65520 75120 90240 Plant Controller 100560 115680 125760 Procurement Manager 78480 107760 120240

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