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Become A Contracts Director

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Working As A Contracts Director

  • Resolving Conflicts and Negotiating with Others
  • Communicating with Persons Outside Organization
  • Communicating with Supervisors, Peers, or Subordinates
  • Establishing and Maintaining Interpersonal Relationships
  • Getting Information
  • Deal with People

  • Mostly Sitting

  • $84,000

    Average Salary

What Does A Contracts Director Do

Purchasing managers plan, direct, and coordinate the buying of materials, products, or services for wholesalers, retailers, or organizations. They oversee the work of procurement-related occupations including buyers and purchasing agents.

Duties

Purchasing managers typically do the following:

  • Coordinate the activities of buyers and purchasing agents engaged in buying materials, equipment, or supplies for the organization
  • Supervise, hire, and train staff
  • Evaluate potential suppliers on the basis of price, quality, and speed of delivery
  • Interview vendors and visit suppliers’ plants and distribution centers to examine and learn about products, services, and prices
  • Attend meetings, trade shows, and conferences to learn about new industry trends and make contacts with suppliers
  • Analyze price proposals, financial reports, and other information to determine reasonable prices
  • Negotiate contracts on behalf of their organization
  • Work out agreements with suppliers, such as when products will be delivered
  • Meet with staff and vendors to discuss defective or unacceptable goods or services and determine corrective action
  • Ensure that vendors and suppliers comply with the terms and conditions of the contract and, if they don’t, determine the need for changes

Purchasing managers plan and coordinate the work of buyers and purchasing agents and hire and train new staff.

Purchasing managers, sometimes known as contract managers, are also responsible for developing their organization’s procurement policies and procedures. These policies help ensure that procurement professionals are meeting ethical standards to avoid potential conflicts of interest or inappropriate supplier and customer relations.

Besides establishing procurement standards, purchasing managers set guidelines on how often their department will get price quotes for items, how many bids to accept, and which vendors to consider.

In addition to carrying out their managerial and administrative responsibilities, purchasing managers buy goods and services for their organization or institution. Like buyers and purchasing agents, purchasing managers negotiate contracts and consider price, quality, availability, reliability, and technical support when identifying and choosing suppliers and merchandise. Their negotiations and contracts are typically more complex than those carried out by buyers and purchasing agents.

Purchasing managers must study their organization’s sales records and inventory levels of current stock, identify foreign and domestic suppliers, and keep up to date with changes affecting both the supply of, and demand for, products and materials.

Purchasing managers use many resources to find out all they can about potential suppliers. They attend meetings, trade shows, and conferences to learn about new industry trends and to make contacts with suppliers.

Before signing a contract and placing an order, purchasing managers must make certain that the supplier can deliver the desired goods or services on time, in the correct quantities, and without sacrificing quality. Purchasing managers monitor the terms of the contracts in order to ensure that the supplier is complying with its terms and conditions and resolve any supplier-related issues that arise.

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How To Become A Contracts Director

Purchasing managers need a bachelor’s degree and work experience as a buyer or purchasing agent.

Education

Purchasing managers usually have at least a bachelor’s degree and some work experience in procurement. A master’s degree may be required for advancement to some top-level purchasing manager jobs.

Work Experience in a Related Occupation

Purchasing managers typically must have at least 5 years of experience as a buyer or purchasing agent. At the top levels, purchasing manager duties may overlap with other management functions, such as production, planning, logistics, and marketing.

Licenses, Certifications, and Registrations

There are several certifications available for purchasing managers and others employed in a procurement-related field. Although some employers require certification, many do not.

Most of the certifications involve oral or written exams and have education and work experience requirements.

The Institute for Supply Management offers the Certified Professional in Supply Management (CPSM) credential, which covers a wide scope of purchasing professional duties. To receive the CPSM credential, candidates must pass three exams and possess at least 3 years of relevant work experience for those with a bachelor’s degree or 5 years of relevant work experience for those without a bachelor’s degree.

The American Purchasing Society offers the Certified Purchasing Professional (CPP) and the Certified Professional Purchasing Manager (CPPM) credentials. Certification is valid for 5 years. Candidates must earn a certain number of professional development “points” to renew their certification. Candidates initially become eligible, and can renew their certification, through a combination of purchasing-related experience, education, and professional contributions (such as articles published or speeches delivered).

APICS, founded as the American Production and Inventory Control Society, offers the Certified Supply Chain Professional (CSCP) credential. Applicants must have 3 years of related business experience or a bachelor’s degree in order to be eligible for the CSCP credential, which is valid for 5 years. Candidates must also earn a certain number of professional development points to renew their certification.

The Next Level Purchasing Association offers the Senior Professional in Supply Management (SPSM) certification. Although there are no education or work experience requirements, applicants must complete six online courses and pass an SPSM exam. Certification is valid for 4 years. Candidates must complete 32 continuing education hours in procurement-related topics to recertify for an additional 4-year period.

The Universal Public Procurement Certification Council (UPPCC) offers two certifications for workers in federal, state, and local government. The Certified Professional Public Buyer (CPPB) credential requires applicants to have earned at least an associate’s degree, to have at least 3 years of public procurement experience, and to complete relevant training courses. The Certified Public Purchasing Officer (CPPO) requires applicants to have earned a bachelor’s degree, to have at least 5 years of public procurement experience, and to complete additional training courses.

Those with the CPPB or the CPPO designation must renew their certification every 5 years by completing continuing education courses or attending procurement-related conferences or events.

The National Institute of Government Purchasing’s (NIGP’s) Institute for Public Procurement offers preparation courses for the UPPCC certification exams.

Advancement

An experienced and qualified purchasing manager may advance to become the chief procurement officer for a business or organization.

Important Qualities

Analytical skills. When evaluating suppliers, purchasing managers must analyze their options and choose a supplier with the best combination of price, quality, delivery, service, or other criteria. 

Decisionmaking skills. Purchasing managers must have the ability to make informed and timely decisions, choosing products that they think will sell. 

Math skills. Purchasing managers must possess basic math skills. They must be able to compare prices from different suppliers to ensure that their organization is getting the best deal. 

Negotiating skills. Purchasing managers often must negotiate the terms of a contract with a supplier. Interpersonal skills and self-confidence, in addition to knowledge of the product, can help lead to successful negotiation.

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Contracts Director Career Paths

Contracts Director
Vice President
Senior Vice President
13 Yearsyrs
Vice President
6 Yearsyrs
Operations Director
Operations Vice President
11 Yearsyrs
Operations Director
9 Yearsyrs
Executive Director
Chief Executive Officer
8 Yearsyrs
Executive Director
10 Yearsyrs
Chief Finance Officer
Chief Finance And Operating Officer
14 Yearsyrs
Chief Finance Officer
13 Yearsyrs
Senior Director
Chief Operating Officer
11 Yearsyrs
Senior Director
13 Yearsyrs
Director, Network Operations
Information Technology Director
10 Yearsyrs
Director, Network Operations
10 Yearsyrs
Operations Vice President
Senior Vice President-Operations
14 Yearsyrs
Chief Operating Officer
President & Chief Operating Officer
13 Yearsyrs
President
Executive Vice President
11 Yearsyrs
Director Of Sales
Business Development Director
11 Yearsyrs
Director, Procurement
Supply Chain Director
14 Yearsyrs
Director, Procurement
13 Yearsyrs
Program Director
Development Director
9 Yearsyrs
Business Development Director
Managing Director
11 Yearsyrs
Administrative Director
Director Of Human Resources
10 Yearsyrs
Administrative Director
8 Yearsyrs
Managed Care Director
Service Director
9 Yearsyrs
Managed Care Director
9 Yearsyrs
Finance Vice President
Vice President And Manager
10 Yearsyrs
Finance Vice President
10 Yearsyrs
Deputy Director
Project Director
8 Yearsyrs
Deputy Director
9 Yearsyrs
Marketing Director
Marketing Vice President
10 Yearsyrs
Marketing Director
7 Yearsyrs
Executive Vice President
Founder And Chief Executive Officer
7 Yearsyrs
Director Of Project Management
Director Program Management
12 Yearsyrs
Director Of Project Management
12 Yearsyrs
Director Of Business Operations
Assistant Vice President
7 Yearsyrs
Director Of Business Operations
10 Yearsyrs
Information Technology Director
Chief Information Officer
11 Yearsyrs
Corporate Director
Finance Director
10 Yearsyrs
Chief Executive Officer
Business Director
10 Yearsyrs
Senior Vice President
Senior Vice President Of Marketing
13 Yearsyrs
Compliance Director
12 Yearsyrs
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Do you work as a Contracts Director?

Average Yearly Salary
$84,000
View Detailed Salary Report
$42,000
Min 10%
$84,000
Median 50%
$84,000
Median 50%
$84,000
Median 50%
$84,000
Median 50%
$84,000
Median 50%
$84,000
Median 50%
$84,000
Median 50%
$170,000
Max 90%
Best Paying Company
Eisai
Highest Paying City
Boulder, CO
Highest Paying State
North Dakota
Avg Experience Level
3.6 years
How much does a Contracts Director make at top companies?
The national average salary for a Contracts Director in the United States is $84,973 per year or $41 per hour. Those in the bottom 10 percent make under $42,000 a year, and the top 10 percent make over $170,000.

Real Contracts Director Salaries

Job Title Company Location Start Date Salary
Director-New Build Feed & Contracting Transocean Offshore Deepwater Drilling Inc. Houston, TX Sep 26, 2014 $265,000
Provider Contracting Director Cigna Lina Wilmington, DE Sep 20, 2016 $177,660
Legal and Contracts Director Contract Optimization Services, Inc. Cupertino, CA Dec 28, 2010 $155,750
Director-Contract Compliance Services Connor Consulting Corp. San Francisco, CA Apr 01, 2014 $150,000 -
$170,000
Director of Finance, Contract Manufacturing Organization Genzyme Corporation Westborough, MA Nov 25, 2014 $149,000
Director of Finance, Contract Manufacturing Organization Genzyme Corporation Westborough, MA Dec 01, 2014 $149,000
Director of Finance, Contract Manufacturing Organization (Industrial Operations) Genzyme Corporation Framingham, MA Jul 24, 2015 $145,860
Contracts Director Airbus Americas Sales, Inc. Herndon, VA Sep 19, 2014 $141,793
Director of Contracting The Sol Group Corporation Miami, FL Oct 01, 2011 $130,000
Director Accounting & Contracts Peaxy, Inc. San Jose, CA Sep 19, 2015 $127,275 -
$150,000
Director-Contract Compliance & COE American Express Travel Related Services Company, Inc. New York, NY Feb 23, 2015 $125,000
Contracts Director Airbus Americas Sales, Inc. Herndon, VA Sep 19, 2011 $108,784 -
$135,000
Director of Contracts, Bids and Warranties Designline USA, LLC Charlotte, NC Sep 15, 2013 $107,806 -
$120,000
Director, Grants & Contracts, Federal Grants Teach for America New York, NY Dec 01, 2014 $85,000

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Top Skills for A Contracts Director

  1. Proposal Preparation
  2. Financial Statements
  3. Contract Documents
You can check out examples of real life uses of top skills on resumes here:
  • Introduced process for subcontractor source selection during proposal preparation phase.
  • Monitored operations, including interim and final financial statements with supporting schedules.
  • Defined templates for various contract documents including prime contracts, nondisclosure agreements and teaming agreement.
  • Work very closely with Legal, Risk Management, Business Development teams to develop innovative business solutions and eliminate risk.
  • Hired, developed and trained staff to execute significant oversight responsibility necessary to oversee prime contractor and industrial base operations

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Top 10 Best States for Contracts Directors

  1. Virginia
  2. Colorado
  3. New Jersey
  4. Maryland
  5. District of Columbia
  6. New York
  7. Rhode Island
  8. California
  9. Texas
  10. Washington
  • (479 jobs)
  • (174 jobs)
  • (193 jobs)
  • (249 jobs)
  • (154 jobs)
  • (425 jobs)
  • (25 jobs)
  • (1,172 jobs)
  • (607 jobs)
  • (196 jobs)

Contracts Director Resume Examples And Tips

The average resume reviewer spends between 5 to 7 seconds looking at a single resume, which leaves the average job applier with roughly six seconds to make a killer first impression. Thanks to this, a single typo or error on your resume can disqualify you right out of the gate. At Zippia, we went through over 2,380 Contracts Director resumes and compiled some information about how best to optimize them. Here are some suggestions based on what we found, divided by the individual sections of the resume itself.

Learn How To Create A Top Notch Contracts Director Resume

View Resume Examples

Contracts Director Demographics

Gender

Male

51.2%

Female

37.8%

Unknown

11.0%
Ethnicity

White

62.4%

Hispanic or Latino

14.3%

Black or African American

13.0%

Asian

6.8%

Unknown

3.5%
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Foreign Languages Spoken

Spanish

40.7%

French

13.6%

Portuguese

6.2%

German

6.2%

Russian

4.9%

Italian

4.9%

Chinese

3.7%

Mandarin

2.5%

Korean

2.5%

Arabic

2.5%

Swedish

1.2%

Turkish

1.2%

Zulu

1.2%

Ukrainian

1.2%

Yoruba

1.2%

Greek

1.2%

Carrier

1.2%

Tagalog

1.2%

Serbian

1.2%

Malayalam

1.2%
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Contracts Director Education

Schools

University of Phoenix

16.2%

George Washington University

13.2%

Villanova University

6.8%

American University

5.3%

Florida Institute of Technology-Melbourne

4.7%

University of Southern California

4.4%

George Mason University

4.1%

Northeastern University

4.1%

New York University

3.8%

Regis University

3.8%

University of Florida

3.8%

University of Virginia

3.8%

University of Maryland - College Park

3.5%

University of Houston

3.5%

University of Maryland - University College

3.2%

Webster University

3.2%

Pennsylvania State University

3.2%

Strayer University

3.2%

Michigan State University

2.9%

University of California - Los Angeles

2.9%
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Majors

Business

39.4%

Law

11.2%

Management

7.6%

Accounting

6.6%

Finance

5.9%

Political Science

4.2%

Marketing

3.5%

Health Care Administration

2.3%

Legal Research And Advanced Professional Studies

2.0%

Psychology

2.0%

Human Resources Management

2.0%

English

1.8%

Public Administration

1.8%

Nursing

1.7%

Education

1.6%

Communication

1.5%

Project Management

1.4%

Legal Support Services

1.4%

Economics

1.3%

Criminal Justice

1.1%
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Degrees

Masters

36.6%

Bachelors

32.7%

Other

12.9%

Doctorate

9.8%

Certificate

3.7%

Associate

3.5%

Diploma

0.5%

License

0.3%
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