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Procurement Specialist in St. Cloud, MN

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 St. Cloud, MN
41175 - 64125
25th percentile
41175
The candidate is new to the role and building the needed skills, experience and autonomy.
50th percentile
52650
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
64125
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 174825 241425 289575 Vice President of Finance 148500 186300 225450 Corporate Controller 135900 165825 191925 Divisional Controller 100800 140175 158625 Assistant Controller 83250 109800 127800 Director of Finance 113850 150300 162675 Director of Accounting 112500 147825 162675 Treasurer 125775 191475 220500 Assistant Treasurer 70425 95175 110925 Financial Project Manager 96750 122850 149175 Forensic Accountant 76275 94950 109575 Property Accountant 61425 70425 84600 Plant Controller 94275 108450 117900 Procurement Manager 73575 101025 112725

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