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Procurement Manager in Paramus, NJ

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 Paramus, NJ

107520 - 165440

Low
107520
The candidate is new to the role or has limited experience and is building necessary skills.
Mid
146880
The candidate has moderate experience in the role, meets most requirements or has equivalent transferable skills, and may also have relevant certifications.
High
165440
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 250240 345280 411840 Corporate Controller 194560 236800 272960 Divisional Controller 152000 207040 225600 Assistant Controller 120320 156800 181760 Plant Controller 142080 160000 174080 Director of Financial Reporting 165120 205760 236480 Senior Financial Reporting Accountant 116160 128960 143040 Financial Reporting Manager 142400 173440 203840 Financial Reporting Accountant 95040 109120 127040 Director of Accounting 161920 211200 234560 Cost Accounting Manager 125760 146880 163520 Senior Cost Accountant 106880 123200 136320 Cost Accountant 91840 101120 119040 Accounting Manager 123840 144640 163200 Senior Accountant 102400 121280 139520 Staff Accountant 78080 94400 112320 Entry-Level Staff Accountant 70080 79360 88320 Senior Accountant – Financial Services 108800 131520 146240 Accountant – Financial Services 92800 114240 132160 Entry-Level Accountant – Financial Services 78080 96000 111680 Forensic Accountant 111040 140480 158400 Property Accountant 89920 103040 120640 Procurement Specialist 61120 78080 95360 Accounting Specialist 57600 64640 70080

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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.