1. Stanford University
Stanford, CA • Private
A Contracts Administration Manager drafts proposals, negotiates, and evaluates commercial and government contracts in compliance with company policies and legal requirements. They ensure that both parties are aware of the terms of the contract and that all contracts abide by local and federal laws.
Contract Administrators are employed by different industries and often start as Contract Specialists. The administrator is responsible for the procurement, subcontracting, and installation while executing a contract.
Also, they oversee commissioning, remodeling, and handovers. The Contracts Administration Manager supports negotiations of claims, manages changes in contracts, and resolves disputes and conflicts among contractors.
A Contracts Administration Manager must have at least three years of experience in a contract administration role or a related field. They must possess negotiation, analytical, time management, problem-solving, and communication skills. The average base pay of a Contracts Administration Manager is $126,768. The range falls between $110,527 and $145,382.
There are certain skills that many contracts administration managers have in order to accomplish their responsibilities. By taking a look through resumes, we were able to narrow down the most common skills for a person in this position. We discovered that a lot of resumes listed analytical skills, math skills and negotiating skills.
If you're interested in becoming a contracts administration manager, one of the first things to consider is how much education you need. We've determined that 62.0% of contracts administration managers have a bachelor's degree. In terms of higher education levels, we found that 15.1% of contracts administration managers have master's degrees. Even though most contracts administration managers have a college degree, it's possible to become one with only a high school degree or GED.
In addition to switching up your job search, it might prove helpful to look at a career path for your specific job. Now, what's a career path you ask? Well, it's practically a map that shows how you might advance from one job title to another. Our career paths are especially detailed with salary changes. So, for example, if you started out with the role of contracts manager you might progress to a role such as contracts director eventually. Later on in your career, you could end up with the title contracts director.
What Am I Worth?
The role of a contracts administration manager includes a wide range of responsibilities. These responsibilities can vary based on an individual's specific job, company, or industry.Here are some general contracts administration manager responsibilities:
There are several types of contracts administration manager, including:
Mouse over a state to see the number of active contracts administration manager jobs in each state. The darker areas on the map show where contracts administration managers earn the highest salaries across all 50 states.
|Rank||State||Number of Jobs||Average Salary|
Stanford, CA • Private
Philadelphia, PA • Private
Evanston, IL • Private
Castine, ME • Private
Los Angeles, CA • Private
Bakersfield, CA • Private
Vestal, NY • Private
Villanova, PA • Private
San Diego, CA • Private
Waltham, MA • Private
The skills section on your resume can be almost as important as the experience section, so you want it to be an accurate portrayal of what you can do. Luckily, we've found all of the skills you'll need so even if you don't have these skills yet, you know what you need to work on. Out of all the resumes we looked through, 16.7% of contracts administration managers listed contract administration on their resume, but soft skills such as analytical skills and math skills are important as well.
Zippia allows you to choose from different easy-to-use Contracts Administration Manager templates, and provides you with expert advice. Using the templates, you can rest assured that the structure and format of your Contracts Administration Manager resume is top notch. Choose a template with the colors, fonts & text sizes that are appropriate for your industry.
After extensive research and analysis, Zippia's data science team found that:
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Some places are better than others when it comes to starting a career as a contracts administration manager. The best states for people in this position are Virginia, Maryland, Florida, and North Carolina. Contracts administration managers make the most in Virginia with an average salary of $92,767. Whereas in Maryland and Florida, they would average $87,621 and $83,000, respectively. While contracts administration managers would only make an average of $80,016 in North Carolina, you would still make more there than in the rest of the country. We determined these as the best states based on job availability and pay. By finding the median salary, cost of living, and using the Bureau of Labor Statistics' Location Quotient, we narrowed down our list of states to these four.
|Rank||Company||Average Salary||Hourly Rate||Job Openings|
|7||NEC Corporation of America||$97,332||$46.79||4|