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Working As a Procurement Administrator

  • Interacting With Computers
  • Getting Information
  • Communicating with Supervisors, Peers, or Subordinates
  • Processing Information
  • Performing Administrative Activities
  • Deal with People

  • Mostly Sitting

  • Make Decisions

  • $45,000

    Average Salary

What Does A Procurement Administrator Do

Financial clerks do administrative work for many types of organizations. They keep records, help customers, and carry out financial transactions.

Duties

Financial clerks typically do the following:

  • Keep and update financial records
  • Compute bills and charges
  • Offer customer assistance
  • Carry out financial transactions

Financial clerks give administrative and clerical support in financial settings. Their specific job duties vary by specialty and by setting.

Billing and posting clerks calculate charges, develop bills, and prepare them to be mailed to customers. They review documents such as purchase orders, sales tickets, charge slips, and hospital records to compute fees or charges due. They also contact customers to get or give account information.

Gaming cage workers work in casinos and other gaming establishments. The “cage” in which they work is the central depository for money and gaming chips. Gaming cage workers sell gambling chips, tokens, or tickets to patrons. They count funds and reconcile daily summaries of transactions in order to balance books.

Payroll and timekeeping clerks compile and post employee time and payroll data. They verify and record attendance, hours worked, and pay adjustments. They ensure that employees are paid on time and that their paychecks are accurate.

Procurement clerks compile requests for materials, prepare purchase orders, keep track of purchases and supplies, and handle questions about orders. They respond to questions from customers and suppliers about the status of orders. They handle requests to change or cancel orders. They make sure that purchases arrive on schedule and that the items meet the purchaser’s specifications.

Brokerage clerks help with tasks associated with securities such as stocks, bonds, commodities, and other kinds of investments. Their duties include writing orders for stock purchases and sales, computing transfer taxes, verifying stock transactions, accepting and delivering securities, distributing dividends, and keeping records of daily transactions and holdings.

Credit authorizers, checkers, and clerks review the credit history, and get the information needed to determine the creditworthiness, of individuals or businesses applying for credit. Credit authorizers evaluate customers’ computerized credit records and payment histories to decide, based on predetermined standards, whether to approve new credit. Credit checkers call or write credit departments of business and service establishments to get information about applicants’ credit standing.

Loan interviewers, also called loan processors or loan clerks, interview applicants and others to get and verify personal and financial information needed to complete loan applications. They also prepare the documents that go to the appraiser and are issued at the closing of a loan.

New accounts clerks interview people who want to open accounts in financial institutions. They explain the account services available to prospective customers and help them fill out applications. They also investigate and correct errors in accounts.

Insurance claims and policy processing clerks process applications for insurance policies. They also handle customers’ requests to change or cancel their existing policies. Their duties include interviewing clients and reviewing insurance applications to ensure that all questions have been answered. They also notify insurance agents and accounting departments of policy cancellations or changes.

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How To Become A Procurement Administrator

A high school diploma or equivalent is typically required for most financial clerk jobs. These workers usually learn their duties through on-the-job training.

Education

Financial clerks typically need a high school diploma or equivalent to enter the occupation. Employers of brokerage clerks may prefer candidates who have taken some college courses in business or economics and, in some cases, require a 2- or 4-year college degree.

Training

Most financial clerks learn how to do their job duties through on-the-job training. Some formal technical training also may be necessary; for example, gaming cage workers may need training in specific gaming regulations and procedures.

Advancement

Financial clerks can advance to related occupations in finance. For example, a loan interviewer or clerk can become a loan officer, and a brokerage clerk can become a securities, commodities, or financial services sales agent, after obtaining the required education and license.

Important Qualities

Communication skills. Financial clerks should have good communication skills so that they can explain policies and procedures to colleagues and customers.

Math skills. The job duties of financial clerks, including calculating charges and checking credit scores, require basic math skills.

Organizational skills. Strong organizational skills are important for financial clerks because they must be able to find files quickly and efficiently.

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Procurement Administrator Career Paths

Procurement Administrator
Buyer Senior Buyer
Purchasing Manager
9 Yearsyrs
Buyer Purchasing Manager
Supply Chain Manager
10 Yearsyrs
Buyer Senior Buyer Purchasing Manager
Director Of Purchasing
10 Yearsyrs
Purchasing Manager Operations Manager Project Manager
Manager, Project Management
9 Yearsyrs
Senior Buyer Manager Controller
Finance Controller
9 Yearsyrs
Office Manager Owner/Operator Construction Manager
Senior Construction Manager
14 Yearsyrs
Office Manager Area Manager Production Manager
Material Manager
9 Yearsyrs
Office Manager Owner/Manager Service Manager
Senior Service Manager
10 Yearsyrs
Subcontract Administrator Senior Subcontract Administrator
Subcontracts Manager
11 Yearsyrs
Subcontract Administrator Subcontracts Manager Contracts Manager
Director, Procurement
13 Yearsyrs
Subcontract Administrator Senior Contract Administrator/Contract Administrator
Contracts Administration Manager
8 Yearsyrs
Administrator Team Leader Production Supervisor
Distribution Supervisor
6 Yearsyrs
Administrator Property Manager Real Estate Manager
Acquisitions Manager
7 Yearsyrs
Administrator Operations Manager Supply Chain Manager
Global Procurement Manager
11 Yearsyrs
Contracts Specialist Procurement Analyst Senior Purchasing Agent
Procurement Officer
5 Yearsyrs
Project Administrator Accountant Accounts Payable Manager
Account Operations Manager
6 Yearsyrs
Contracts Specialist Project Manager Engagement Manager
Client Partner
11 Yearsyrs
Contracts Specialist Senior Purchasing Agent
Manager, Operations And Procurement
9 Yearsyrs
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Do you work as a Procurement Administrator?

Average Yearly Salary
$45,000
Show Salaries
$35,000
Min 10%
$45,000
Median 50%
$45,000
Median 50%
$45,000
Median 50%
$45,000
Median 50%
$45,000
Median 50%
$45,000
Median 50%
$45,000
Median 50%
$58,000
Max 90%
Best Paying Company
Salient CRGT
Highest Paying City
New Britain, CT
Highest Paying State
Alaska
Avg Experience Level
3.1 years
How much does a Procurement Administrator make at top companies?
The national average salary for a Procurement Administrator in the United States is $45,775 per year or $22 per hour. Those in the bottom 10 percent make under $35,000 a year, and the top 10 percent make over $58,000.

Top Skills for A Procurement Administrator

  1. Purchase Orders
  2. Office Supplies
  3. Vendor Relations
You can check out examples of real life uses of top skills on resumes here:
  • Created purchase orders needed to replenish printer paper supplies for Distribution warehouses nationwide.
  • Coordinate office supplies inventory and refreshment services monthly.
  • Arbitrated claims or complaints while maintaining productive vendor relationships.
  • Obtained and analyzed quotes from suppliers for the procurement of goods and services and to support bid proposals.
  • Handled customer service for a major utility company.

Rank:

Average Salary:

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Top 10 Best States for Procurement Administrators

  1. Rhode Island
  2. Alaska
  3. Connecticut
  4. Delaware
  5. Nevada
  6. New Jersey
  7. Pennsylvania
  8. Texas
  9. Massachusetts
  10. Virginia
  • (33 jobs)
  • (17 jobs)
  • (144 jobs)
  • (27 jobs)
  • (52 jobs)
  • (258 jobs)
  • (293 jobs)
  • (626 jobs)
  • (259 jobs)
  • (465 jobs)

Procurement Administrator Demographics

Gender

Female

58.0%

Male

30.3%

Unknown

11.7%
Ethnicity

White

60.2%

Hispanic or Latino

15.1%

Black or African American

13.6%

Asian

7.6%

Unknown

3.4%
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Foreign Languages Spoken

Spanish

50.0%

Chinese

8.3%

Italian

8.3%

Portuguese

4.2%

Danish

4.2%

German

4.2%

French

4.2%

Mandarin

4.2%

Persian

4.2%

Dakota

4.2%

Korean

4.2%
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Procurement Administrator Education

Schools

University of Phoenix

17.9%

Northern Virginia Community College

8.9%

Strayer University

8.0%

University of Houston

7.1%

University of Maryland - University College

5.4%

National University

4.5%

George Washington University

4.5%

Ashford University

4.5%

Liberty University

4.5%

Barry University

3.6%

Colorado Technical University

3.6%

University of Southern Mississippi

3.6%

University of Central Florida

3.6%

Southern New Hampshire University

3.6%

University of Pittsburgh -

3.6%

Prince George's Community College

2.7%

Robert Morris University

2.7%

University of North Carolina at Greensboro

2.7%

Baker College

2.7%

Webster University

2.7%
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Majors

Business

44.4%

Accounting

8.6%

Management

5.6%

Finance

4.4%

Psychology

3.7%

Marketing

3.7%

Computer Information Systems

3.5%

Communication

3.0%

Economics

2.5%

Political Science

2.5%

Health Care Administration

2.5%

Education

2.3%

Supply Chain Management

2.3%

Computer Science

1.9%

Liberal Arts

1.9%

English

1.6%

International Business

1.4%

Public Administration

1.4%

Human Resources Management

1.4%

Human Services

1.4%
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Degrees

Bachelors

44.1%

Masters

18.1%

Other

18.1%

Associate

14.0%

Certificate

4.3%

Doctorate

0.7%

Diploma

0.5%

License

0.2%
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Updated May 19, 2020