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The differences between contracts administration managers and senior managers, procurement 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 senior manager, procurement. Additionally, a senior manager, procurement has an average salary of $121,433, 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 senior manager, procurement are supply chain, strategic sourcing, and supplier performance.
| Contracts Administration Manager | Senior Manager, Procurement | |
| Yearly salary | $72,869 | $121,433 |
| Hourly rate | $35.03 | $58.38 |
| Growth rate | -6% | -6% |
| Number of jobs | 10,694 | 36,873 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 62% | Bachelor's Degree, 70% |
| 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.
Senior Procurement Managers oversee the procurement department of the company. They manage the procurement needs of the organization and network with vendors to keep their database of suppliers updated. Senior Procurement Managers secure competitive prices from their suppliers so that they can save up on costs. As such, Senior Procurement Managers also have visibility on the spending of each department in the organization so that they will never go over budget.
Contracts administration managers and senior managers, procurement have different pay scales, as shown below.
| Contracts Administration Manager | Senior Manager, Procurement | |
| Average salary | $72,869 | $121,433 |
| Salary range | Between $46,000 And $114,000 | Between $84,000 And $175,000 |
| Highest paying City | Arlington, VA | San Francisco, CA |
| Highest paying state | Virginia | California |
| Best paying company | Deloitte | McKinsey & Company Inc |
| Best paying industry | Utilities | Manufacturing |
There are a few differences between a contracts administration manager and a senior manager, procurement in terms of educational background:
| Contracts Administration Manager | Senior Manager, Procurement | |
| Most common degree | Bachelor's Degree, 62% | Bachelor's Degree, 70% |
| Most common major | Business | Business |
| Most common college | Stanford University | Stanford University |
Here are the differences between contracts administration managers' and senior managers, procurement' demographics:
| Contracts Administration Manager | Senior Manager, Procurement | |
| Average age | 47 | 47 |
| Gender ratio | Male, 42.9% Female, 57.1% | Male, 72.8% Female, 27.2% |
| 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, 9.2% Unknown, 3.8% Hispanic or Latino, 12.5% Asian, 7.5% White, 66.6% American Indian and Alaska Native, 0.3% |
| LGBT Percentage | 11% | 11% |