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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3M
About Time
Budget Processes
Buying Processes
CRM
Coupa
Customer Service
ERP - Enterprise Resource Planning
ERP Solutions
Invoice
Salary for Procurement Manager in Paramus, NJ
101760 - 155840
25th percentile
101760
New to the role, with little or no experience; requires more than casual instruction or supervision to perform day-to-day duties
50th percentile
139520
Has the experience to consistently perform core responsibilities without direct supervision; very comfortable with processes and subject matter associated with the role
75th percentile
155840
Value to the organization goes far beyond the ability to perform normal job duties; has rare qualifications that enable consistent contribution in unique ways; ready for next career level when available
Projected salaries for related positions Position title 25th percentile 50th percentile 75th percentile Chief Financial Officer (CFO) – Corporate Accounting 225920 339200 384960 Vice President of Finance 184000 260800 315520 Corporate Controller 142080 205120 269760 Divisional Controller 137920 197440 222720 Assistant Controller 104000 152320 177280 Director of Finance 155840 211200 228480 Director of Accounting 151040 205440 225920 Treasurer 168640 268160 308800 Assistant Treasurer 98240 133120 154880 Director of Financial Reporting 156800 197120 226560 Financial Project Manager 135680 172480 209280 Forensic Accountant 106560 132800 153280 Property Accountant 85440 97920 117760 Plant Controller 130560 150080 163200 Procurement Specialist 57600 73600 89600

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