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Procurement Specialist in Cerritos, CA

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 Cerritos, CA
53985 - 84075
25th percentile
53985
The candidate is new to the role and building the needed skills, experience and autonomy.
50th percentile
69030
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
84075
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 229215 316535 379665 Vice President of Finance 194700 244260 295590 Corporate Controller 178180 217415 251635 Divisional Controller 132160 183785 207975 Assistant Controller 109150 143960 167560 Director of Finance 149270 197060 213285 Director of Accounting 147500 193815 213285 Treasurer 164905 251045 289100 Assistant Treasurer 92335 124785 145435 Financial Project Manager 126850 161070 195585 Forensic Accountant 100005 124490 143665 Property Accountant 80535 92335 110920 Plant Controller 123605 142190 154580 Procurement Manager 96465 132455 147795

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