How To Become A Contract Coordinator: What It Is and Career Path

What is a contract coordinator and how to become one

Updated January 8, 2025

4 min read

A contract coordinator manages the various stages of contracts for an organization. They work to ensure that contractual agreements are in compliance with legal and company policies, while also monitoring and negotiating terms with vendors or clients. A contract coordinator is responsible for drafting, reviewing, and finalizing contracts. Additionally, they maintain accurate records of contract activity, deadlines, and renewals. Strong communication skills and attention to detail are essential for this role.

ScoreContract CoordinatorUS Average

Salary

3.4

Avg. Salary $43,318

Avg. Salary $59,228

Stability level

5.8

Growth rate 9%

Growth rate 0.3%

Diversity

4.3

Race

American Indian and Alaska Native 0.43%

Asian 8.83%

Black or African American 6.36%

Hispanic or Latino 9.39%

Unknown 4.56%

White 70.43%

Gender

female 69.98%

male 30.02%

Age - 43

Race

American Indian and Alaska Native 3.00%

Asian 7.00%

Black or African American 14.00%

Hispanic or Latino 19.00%

White 57.00%

Gender

female 47.00%

male 53.00%

Age - 43

Stress level

5.8

Stress level is manageable

7.1 - high

Complexity level

8.4

Complexity level is challenging

7 - challenging

Work life balance

4.3

Work life balance is poor

6.4 - fair

What are the pros and cons of being a contract coordinator?

Pros

Potential for high pay rates
Opportunity for professional growth and advancement
Exposure to various legal and contractual documents
Ability to gain knowledge in different fields
Potential for remote work

Cons

Constantly changing project requirements and timelines
May need to work long hours or weekends to meet deadlines
Heavy reliance on technology and software tools
May have to handle difficult or demanding clients
Potential for contract disputes or legal issues

Key steps to become a contract coordinator

Explore contract coordinator education requirements

Most common contract coordinator degrees

Bachelor's

60.3 %

Associate

18.3 %

Master's

9.4 %

Start to develop specific contract coordinator skills

Skills	Percentages
Customer Service	11.70%
Data Entry	6.97%
Contract Management	6.36%
Excellent Organizational	5.48%
Patients	5.40%

Research contract coordinator duties and 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.

Prepare your contract coordinator resume

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