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Procurement Specialist in Torrance, 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 Torrance, CA
55815 - 86925
25th percentile
55815
The candidate is new to the role and building the needed skills, experience and autonomy.
50th percentile
71370
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
86925
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 236985 327265 392535 Vice President of Finance 201300 252540 305610 Corporate Controller 184220 224785 260165 Divisional Controller 136640 190015 215025 Assistant Controller 112850 148840 173240 Director of Finance 154330 203740 220515 Director of Accounting 152500 200385 220515 Treasurer 170495 259555 298900 Assistant Treasurer 95465 129015 150365 Financial Project Manager 131150 166530 202215 Forensic Accountant 103395 128710 148535 Property Accountant 83265 95465 114680 Plant Controller 127795 147010 159820 Procurement Manager 99735 136945 152805

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