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Procurement Manager in Rockford, 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 Rockford, IL
69488 - 106463
25th percentile
69488
The candidate is new to the role and building the needed skills, experience and autonomy.
50th percentile
95413
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
106463
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 165113 228013 273488 Vice President of Finance 140250 175950 212925 Corporate Controller 128350 156613 181263 Divisional Controller 95200 132388 149813 Assistant Controller 78625 103700 120700 Director of Finance 107525 141950 153638 Director of Accounting 106250 139613 153638 Treasurer 118788 180838 208250 Assistant Treasurer 66513 89888 104763 Financial Project Manager 91375 116025 140888 Forensic Accountant 72038 89675 103488 Property Accountant 58013 66513 79900 Plant Controller 89038 102425 111350 Procurement Specialist 38888 49725 60563

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