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Procurement Manager

Procurement Manager Job Description

Procurement managers in Canada help optimize an organization's spending by effectively managing the acquisition of goods, services, and project materials. This role is responsible for developing and implementing procurement strategies, sourcing and negotiating with vendors, and ensuring cost-effectiveness and compliance with company policies.

Typical procurement manager duties:

Identify and analyze sourcing opportunities to optimize costs and manage risks Develop and maintain relationships with qualified vendors and suppliers Issue Requests for Proposals (RFPs) and Requests for Quotations (RFQs) to solicit bids from vendors Evaluate and negotiate contracts with vendors to ensure best value and favourable terms Manage supplier performance and ensure adherence to contractual obligations

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Salary for Procurement Manager
77250 - 107000
25th percentile
77250
The candidate is new to the role and building the needed skills, experience and autonomy.
50th percentile
88750
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
107000
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 177750 225500 290750 Treasurer 162500 199500 233500 Vice President of Finance 148250 168500 201500 Director of Accounting 128500 146500 172750 Director of Finance 127750 147500 172250 Director of Financial Reporting 128500 149750 174250 Corporate Controller 127500 155250 180750 Controller – Corporate Accounting 112750 138500 169500 Financial Project Manager 118750 134000 147250 Assistant Treasurer 118000 135750 152250 Assistant Controller 88500 107750 125750 Property Accountant 62750 73000 88500

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