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Procurement Specialist in Lehi, UT

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 Lehi, UT
47123 - 73388
25th percentile
47123
The candidate is new to the role and building the needed skills, experience and autonomy.
50th percentile
60255
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
73388
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 200078 276298 331403 Vice President of Finance 169950 213210 258015 Corporate Controller 155530 189778 219648 Divisional Controller 115360 160423 181538 Assistant Controller 95275 125660 146260 Director of Finance 130295 172010 186173 Director of Accounting 128750 169178 186173 Treasurer 143943 219133 252350 Assistant Treasurer 80598 108923 126948 Financial Project Manager 110725 140595 170723 Forensic Accountant 87293 108665 125403 Property Accountant 70298 80598 96820 Plant Controller 107893 124115 134930 Procurement Manager 84203 115618 129008

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