Procurement Specialist Salary in Chicago, IL | Robert Half

Procurement Specialist in Chicago, IL

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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SAP S/4HANA
Microsoft Excel
MRO
ERP Solutions
Spreadsheets
Procurement
Suppliers
Vendors
Materials Handling
Pricing
Salary for Procurement Specialist in Chicago, IL
55800 - 86800
25th percentile
55800
New to the role, with little or no experience; requires more than casual instruction or supervision to perform day-to-day duties
50th percentile
71300
Has the experience to consistently perform core responsibilities without direct supervision; very comfortable with processes and subject matter associated with the role
75th percentile
86800
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 218860 328600 372930 Vice President of Finance 178250 252650 305660 Corporate Controller 137640 198710 261330 Divisional Controller 133610 191270 215760 Assistant Controller 100750 147560 171740 Director of Finance 150970 204600 221340 Director of Accounting 146320 199020 218860 Treasurer 163370 259780 299150 Assistant Treasurer 95170 128960 150040 Director of Financial Reporting 151900 190960 219480 Financial Project Manager 131440 167090 202740 Forensic Accountant 103230 128650 148490 Property Accountant 82770 94860 114080 Plant Controller 126480 145390 158100 Procurement Manager 98580 135160 150970

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