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Procurement Manager in Chicago, IL

Procurement Manager Job Description

Companies look for candidates with the business acumen and negotiating skills to negotiate favorable deals and contracts with vendors and suppliers. Strategic thinkers with the ability to devise procurement strategies that meet the organization’s needs and objectives are highly valued for this role. Procurement managers must also have the leadership and project management skills to manage and motivate a procurement team, set objectives and monitor progress. Candidates for this position typically have a bachelor’s degree in business, finance or a related field, plus five or more years experience in procurement or supply chain management.

Typical procurement manager duties:

Developing and implementing procurement policies, procedures, and best practices to ensure compliance with organizational standardsNegotiating and managing contracts with suppliers and subcontractors for the procurement of goods and servicesMonitoring supplier performance and addressing any issues arising from contractsCoordinating the RFP process, including evaluation of proposals and selection of vendorsSupervising the organization’s procurement team

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Salary for Procurement Manager in Chicago, IL
105000 - 161563
Low
105000
The candidate is new to the role or has limited experience and is building necessary skills.
Mid
143438
The candidate has moderate experience in the role, meets most requirements or has equivalent transferable skills, and may also have relevant certifications.
High
161563
The candidate has extensive experience and advanced skills for the role, and may also have specialized certifications.
Projected salaries for related positions Job title Low Mid High Chief Financial Officer 244375 337188 402188 Corporate Controller 190000 231250 266563 Divisional Controller 148438 202188 220313 Assistant Controller 117500 153125 177500 Plant Controller 138750 156250 170000 Director of Financial Reporting 161250 200938 230938 Senior Financial Reporting Accountant 113438 125938 139688 Financial Reporting Manager 139063 169375 199063 Financial Reporting Accountant 92813 106563 124063 Director of Accounting 158125 206250 229063 Cost Accounting Manager 122813 143438 159688 Senior Cost Accountant 104375 120313 133125 Cost Accountant 89688 98750 116250 Accounting Manager 120938 141250 159375 Senior Accountant 100000 118438 136250 Staff Accountant 76250 92188 109688 Entry-Level Staff Accountant 68438 77500 86250 Senior Accountant – Financial Services 106250 128438 142813 Accountant – Financial Services 90625 111563 129063 Entry-Level Accountant – Financial Services 76250 93750 109063 Forensic Accountant 108438 137188 154688 Property Accountant 87813 100625 117813 Procurement Specialist 59688 76250 93125 Accounting Specialist 56250 63125 68438

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Our starting salary projections come from a rigorous, multistep process so that our numbers accurately reflect the marketplace. They are based on actual compensation for professionals Robert Half has matched with employers across the country and third-party job posting data from Textkernel that we use to independently validate the salary levels. Starting compensation—pay for someone new to a role—can vary significantly based on a candidate’s skills, experience and certifications, as well as other factors including industry, company size and revenue, and demand for the role. To reflect this variability, we report our salary data in three levels: low, mid and high.