Commodity analyst vs senior contract administrator/contract administrator

The differences between commodity analysts and senior contract administrators/contract administrators can be seen in a few details. Each job has different responsibilities and duties. It typically takes 4-6 years to become both a commodity analyst and a senior contract administrator/contract administrator. Additionally, a commodity analyst has an average salary of $87,261, which is higher than the $65,579 average annual salary of a senior contract administrator/contract administrator.

The top three skills for a commodity analyst include risk management, commodities and macro. The most important skills for a senior contract administrator/contract administrator are contract administration, proposal preparation, and contract management.

Commodity analyst vs senior contract administrator/contract administrator overview

	Commodity Analyst	Senior Contract Administrator/Contract Administrator
Yearly salary	$87,261	$65,579
Hourly rate	$41.95	$31.53
Growth rate	11%	-6%
Number of jobs	11,130	61,918
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 79%	Bachelor's Degree, 64%
Average age	48	48
Years of experience	6	6

Commodity analyst vs senior contract administrator/contract administrator salary

Commodity analysts and senior contract administrators/contract administrators have different pay scales, as shown below.

	Commodity Analyst	Senior Contract Administrator/Contract Administrator
Average salary	$87,261	$65,579
Salary range	Between $63,000 And $119,000	Between $41,000 And $102,000
Highest paying City	Boston, MA	San Francisco, CA
Highest paying state	Massachusetts	Virginia
Best paying company	Apple	Urban Institute
Best paying industry	Finance	Finance

Differences between commodity analyst and senior contract administrator/contract administrator education

There are a few differences between a commodity analyst and a senior contract administrator/contract administrator in terms of educational background:

	Commodity Analyst	Senior Contract Administrator/Contract Administrator
Most common degree	Bachelor's Degree, 79%	Bachelor's Degree, 64%
Most common major	Business	Business
Most common college	University of Pennsylvania	University of Pennsylvania

Commodity analyst vs senior contract administrator/contract administrator demographics

Here are the differences between commodity analysts' and senior contract administrators/contract administrators' demographics:

	Commodity Analyst	Senior Contract Administrator/Contract Administrator
Average age	48	48
Gender ratio	Male, 63.6% Female, 36.4%	Male, 49.6% Female, 50.4%
Race ratio	Black or African American, 9.1% Unknown, 4.4% Hispanic or Latino, 12.4% Asian, 7.8% White, 65.5% American Indian and Alaska Native, 0.8%	Black or African American, 8.8% Unknown, 4.4% Hispanic or Latino, 12.2% Asian, 7.7% White, 66.2% American Indian and Alaska Native, 0.8%
LGBT Percentage	7%	7%

Differences between commodity analyst and senior contract administrator/contract administrator duties and responsibilities

Commodity analyst example responsibilities.

Accomplish the RFQ process, providing cost and availability information on a timely basis.
Manage operational risk and cultivate client relationships through OTC commodities trade confirmation across all commodities.
Develop detailed databases on supply and demand fundamentals for commodities under review.
Assist management with evaluation of restructuring alternatives, procurement of financing, negotiations with multiple constituencies and issuance of new securities.
Query expenditures in PeopleSoft to identify categories to leverage through renegotiating company's contracts.
Monitor and facilitate flow of automotive material through terminal, coordinating JIT procedures.

Senior contract administrator/contract administrator example responsibilities.

Manage end to end distribute and mainframe testing activities in a java, PowerBuilder and XML environment for various projects.
Manage contract performance, perform RFP reviews and coordinate proposal development with various program managers.
Process purchase orders and subcontracts, including managing insurance requirement compliance and certify payroll documentation.
Issue and administer delivery orders under negotiate IDIQ and also for standalone subcontract agreements.
Issue orders against CISCO IDIQ contract.
Maintain files on all GSA vehicles utilize with the AOR.

Commodity analyst vs senior contract administrator/contract administrator skills

Common commodity analyst skills

Risk Management, 13%
Commodities, 12%
Macro, 7%
Supplier Performance, 6%
VBA, 6%
Derivative, 5%

Common senior contract administrator/contract administrator skills

Contract Administration, 10%
Proposal Preparation, 7%
Contract Management, 6%
Contract Terms, 5%
Non-Disclosure Agreements, 4%
Government Regulations, 4%

Commodity Analyst vs. similar jobs

Commodity Analyst related careers

Commodity Analyst related jobs

What similar roles do

Zippia Careers
Business and Financial Industry
Commodity Analyst
Commodity Analyst vs Senior Contract Administrator/Contract Administrator

Updated January 8, 2025

Browse business and financial jobs