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The differences between contracts administration managers and material managers can be seen in a few details. Each job has different responsibilities and duties. It typically takes 4-6 years to become both a contracts administration manager and a material manager. Additionally, a material manager has an average salary of $96,125, which is higher than the $72,869 average annual salary of a contracts administration manager.
The top three skills for a contracts administration manager include contract administration, proposal preparation and contract management. The most important skills for a material manager are supply chain, logistics, and customer service.
| Contracts Administration Manager | Material Manager | |
| Yearly salary | $72,869 | $96,125 |
| Hourly rate | $35.03 | $46.21 |
| Growth rate | -6% | -6% |
| Number of jobs | 10,694 | 43,759 |
| Job satisfaction | - | 4 |
| Most common degree | Bachelor's Degree, 62% | Bachelor's Degree, 65% |
| Average age | 47 | 47 |
| Years of experience | 6 | 6 |
Contracts administration managers are responsible for negotiating and administering government and commercial contracts, preparing proposals, and ensuring that they comply with all company policies and legal requirements. These managers report the progress of their projects to top management during meetings. They manage the performance of their staff daily. Their job involves participating in developing, formulating, and revising policies, procedures, and templates. They also support their finance and program teams in communicating with their clients to ensure that invoices are made timely and accurately.
A material manager is responsible for monitoring inventories and stock supplies, ensuring the adequacy of materials needed for manufacturing or other operations, depending on the organization's industry. Material managers meet with suppliers and third-party vendors, negotiating contracts that would fit the budget goals of the company without compromising quality. They manage the distribution of resources throughout the organizations' department and provide purchase reports for the management. A material manager must have excellent communication and leadership skills to address the needs of an organization for smooth operations.
Contracts administration managers and material managers have different pay scales, as shown below.
| Contracts Administration Manager | Material Manager | |
| Average salary | $72,869 | $96,125 |
| Salary range | Between $46,000 And $114,000 | Between $72,000 And $126,000 |
| Highest paying City | Arlington, VA | Menlo Park, CA |
| Highest paying state | Virginia | California |
| Best paying company | Deloitte | Meta |
| Best paying industry | Utilities | Technology |
There are a few differences between a contracts administration manager and a material manager in terms of educational background:
| Contracts Administration Manager | Material Manager | |
| Most common degree | Bachelor's Degree, 62% | Bachelor's Degree, 65% |
| Most common major | Business | Business |
| Most common college | Stanford University | Stanford University |
Here are the differences between contracts administration managers' and material managers' demographics:
| Contracts Administration Manager | Material Manager | |
| Average age | 47 | 47 |
| Gender ratio | Male, 42.9% Female, 57.1% | Male, 77.7% Female, 22.3% |
| Race ratio | Black or African American, 9.2% Unknown, 3.8% Hispanic or Latino, 12.5% Asian, 7.5% White, 66.7% American Indian and Alaska Native, 0.3% | 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% |