Contract coordinator vs contracts manager

The differences between contract coordinators and contracts managers can be seen in a few details. Each job has different responsibilities and duties. Additionally, a contracts manager has an average salary of $72,691, which is higher than the $43,318 average annual salary of a contract coordinator.

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

Contract coordinator vs contracts manager overview

	Contract Coordinator	Contracts Manager
Yearly salary	$43,318	$72,691
Hourly rate	$20.83	$34.95
Growth rate	9%	-6%
Number of jobs	38,845	13,218
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 60%	Bachelor's Degree, 63%
Average age	44	47
Years of experience	-	6

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.

What does a contracts manager do?

A contract manager is responsible for finalizing contract agreements between the company and its clients, revising documents, creating procurement proposals, and managing breach of contracts immediately. Contract managers respond to clients' inquiries and concerns about the contract's terms, conditions, and adjustment requests. They should be highly knowledgeable with legal terms and legislation regulations, ensuring that documents align with their objectives. The contract manager should also stay updated with the latest trends to meet contract demands, identify more business opportunities to boost revenues, and achieve profitability goals.

Contract coordinator vs contracts manager salary

Contract coordinators and contracts managers have different pay scales, as shown below.

	Contract Coordinator	Contracts Manager
Average salary	$43,318	$72,691
Salary range	Between $32,000 And $58,000	Between $45,000 And $116,000
Highest paying City	New York, NY	San Francisco, CA
Highest paying state	Connecticut	California
Best paying company	AbbVie	McKinsey & Company Inc
Best paying industry	Finance	Technology

Differences between contract coordinator and contracts manager education

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

	Contract Coordinator	Contracts Manager
Most common degree	Bachelor's Degree, 60%	Bachelor's Degree, 63%
Most common major	Business	Business
Most common college	Western Carolina University	Stanford University

Contract coordinator vs contracts manager demographics

Here are the differences between contract coordinators' and contracts managers' demographics:

	Contract Coordinator	Contracts Manager
Average age	44	47
Gender ratio	Male, 30.0% Female, 70.0%	Male, 54.0% Female, 46.0%
Race ratio	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%	Black or African American, 9.0% Unknown, 3.8% Hispanic or Latino, 12.2% Asian, 7.4% White, 67.2% American Indian and Alaska Native, 0.3%
LGBT Percentage	11%	11%

Differences between contract coordinator and contracts manager duties and responsibilities

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.

Contracts manager example responsibilities.

Manage ISO requirements for sales and marketing.
Manage IDIQ contracts including task and delivery orders.
Manage RFI's and change orders through close out.
Manage all material for a non MRP driven program manually.
Coach and direct the IPT for use of proper policies to achieve goals.
Lead two DCAA audits for a $60 million project resulting in no-cost findings during tenure as manager.

Contract coordinator vs contracts manager skills

Common contract coordinator skills

Customer Service, 12%
Data Entry, 7%
Contract Management, 6%
Excellent Organizational, 5%
Patients, 5%
PowerPoint, 4%

Common contracts manager skills

Contract Management, 9%
Contract Administration, 6%
Contract Terms, 5%
Project Management, 5%
Customer Service, 4%
Proposal Preparation, 3%

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Contract Coordinator vs Contracts Manager

Updated January 8, 2025

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