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Contract analyst vs contract coordinator

The differences between contract analysts and contract coordinators can be seen in a few details. Each job has different responsibilities and duties. Additionally, a contract analyst has an average salary of $54,544, which is higher than the $43,318 average annual salary of a contract coordinator.

The top three skills for a contract analyst include customer service, contract management and contract terms. The most important skills for a contract coordinator are customer service, data entry, and contract management.

Contract analyst vs contract coordinator overview

Contract AnalystContract Coordinator
Yearly salary$54,544$43,318
Hourly rate$26.22$20.83
Growth rate9%9%
Number of jobs58,59338,845
Job satisfaction--
Most common degreeBachelor's Degree, 67%Bachelor's Degree, 60%
Average age4044
Years of experience4-

What does a contract analyst do?

A contract analyst is primarily in charge of thoroughly reviewing contract terms and conditions, negotiating and addressing changes on behalf of a company or an individual, and avoiding financial disadvantages or any disputes. They are responsible for consulting with clients, analyzing clauses and liabilities, recommending amendments, documenting all transactions, and monitoring every change in the contract. Furthermore, there are instances when a contract analyst must coordinate with all department officers, advising them of any significant changes that the contracts might bring.

What does a contract coordinator do?

Contract Coordinators manage the company's contracts with suppliers, vendors, or other external parties. They keep track of all existing agreements and ensure that these agreements are properly documented. They manage the hard copy of the contracts, update suppliers' records, and review contracts to ensure that the best deals are made for their company. They also keep track of all the suppliers and their performance as vendors when tapped by the company. Contract Coordinators oversee different contracts' fulfillment to guarantee that all agreements and stipulations are met, especially deadlines and engagement specifications.

Contract analyst vs contract coordinator salary

Contract analysts and contract coordinators have different pay scales, as shown below.

Contract AnalystContract Coordinator
Average salary$54,544$43,318
Salary rangeBetween $39,000 And $74,000Between $32,000 And $58,000
Highest paying CityJersey City, NJNew York, NY
Highest paying stateNew JerseyConnecticut
Best paying companyAstraZenecaAbbVie
Best paying industryPharmaceuticalFinance

Differences between contract analyst and contract coordinator education

There are a few differences between a contract analyst and a contract coordinator in terms of educational background:

Contract AnalystContract Coordinator
Most common degreeBachelor's Degree, 67%Bachelor's Degree, 60%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaWestern Carolina University

Contract analyst vs contract coordinator demographics

Here are the differences between contract analysts' and contract coordinators' demographics:

Contract AnalystContract Coordinator
Average age4044
Gender ratioMale, 41.2% Female, 58.8%Male, 30.0% Female, 70.0%
Race ratioBlack or African American, 5.6% Unknown, 4.5% Hispanic or Latino, 7.7% Asian, 14.1% White, 68.0% American Indian and Alaska Native, 0.1%Black or African American, 6.4% Unknown, 4.6% Hispanic or Latino, 9.4% Asian, 8.8% White, 70.4% American Indian and Alaska Native, 0.4%
LGBT Percentage7%11%

Differences between contract analyst and contract coordinator duties and responsibilities

Contract analyst example responsibilities.

  • Manage RFQ generation, proposal analysis, documentation, PO generation, and subcontractor and supplier follow-up.
  • Lead and educate internal stakeholders in the proper use of document review and approval processes using SharePoint document management tools.
  • Conduct internal audits of the company and audits of subcontractor performance and adherence to Medicare and Medicaid regulations.
  • Coordinate and monitor ethics training with NFA and vendor.
  • Identify issues and conduct investigations of ethics and compliance relate matters.
  • Develop and issue structured requests for information (RFI, RFQ, and RFP).
  • Show more

Contract coordinator example responsibilities.

  • Manage PeopleSoft for files in all departments, along with internal intranet managing.
  • Manage tight deadlines to perform experiments, troubleshoot, submit documents, and train personnel.
  • Manage collections, account reconciliation, discrepancies, payments and create spreadsheets, A/R, A/P and supervise receptionist.
  • Manage technical and non-technical vendors to ensure competitive pricing and timely delivery, with proper RFP's and SLA agreements.
  • Assist management in facilitating start-up QSR accounts while effectively managing GPO accounts.
  • Manage expectations of DCMA / DCAA regulators and when necessary defend evaluated/negotiated positions.
  • Show more

Contract analyst vs contract coordinator skills

Common contract analyst skills
  • Customer Service, 10%
  • Contract Management, 8%
  • Contract Terms, 5%
  • SQL, 5%
  • HR, 4%
  • Data Entry, 4%
Common contract coordinator skills
  • Customer Service, 12%
  • Data Entry, 7%
  • Contract Management, 6%
  • Excellent Organizational, 5%
  • Patients, 5%
  • PowerPoint, 4%

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