A contract manager's role is all things managing contracts that their employer is negotiating and entering. They need to know the details and benefits of contracts and possible disadvantages and advise their employer accordingly.

They are responsible for writing, evaluating, negotiating, and executing various contracts for a range of transactions. Contract managers also spend time maintaining their relationships with suppliers and customers. But their workload doesn't stop there. Contract managers keep correspondence and documentation related to contracts, communicate and present info to stakeholders regarding contracts and help the company move forward with close-out, extension, or renewal of contracts and problem solving contract-related issues.

They need effective communication, negotiation, and interpersonal skills. Deep understanding of contracts, contracts governance, and lifecycle, ability to research and understand legal and financial implications, knowledge of the business or industry, its services, customers, and providers, superior reading, writing, and language skills are also crucial in this position.

Contract managers earn an average salary of $77,660 per year. Typically, you'll need a bachelor's or master's degree in a business-related field for this position, and certifications may be required in commercial, professional, and federal contracts provided by the National Contracts Management Association.

What Does a Contracts Manager Do

There are certain skills that many contracts 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.

Learn more about what a Contracts Manager does

How To Become a Contracts Manager

If you're interested in becoming a contracts manager, one of the first things to consider is how much education you need. We've determined that 62.5% of contracts managers have a bachelor's degree. In terms of higher education levels, we found that 14.9% of contracts managers have master's degrees. Even though most contracts managers have a college degree, it's possible to become one with only a high school degree or GED.

Learn More About How To Become a Contracts Manager

Contracts Manager Career Paths

Average Salary for a Contracts Manager

Contracts Managers in America make an average salary of $72,691 per year or $35 per hour. The top 10 percent makes over $116,000 per year, while the bottom 10 percent under $45,000 per year.
Average Contracts Manager Salary
$72,691 Yearly
$34.95 hourly
$45,000
10 %
$72,000
Median
$116,000
90 %

What Am I Worth?

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How To Become a Contracts Manager
How To Become a Contracts Manager Career Overview

States With The Most Contracts Manager Jobs

Mouse over a state to see the number of active contracts manager jobs in each state. The darker areas on the map show where contracts managers earn the highest salaries across all 50 states.

Average Salary: Job Openings:

Number Of Contracts Manager Jobs By State

RankStateNumber of JobsAverage Salary
1California1,959$85,865
2Texas1,199$77,405
3Florida835$61,869
4New York831$63,102
5Illinois712$72,454
6Virginia698$79,372
7Pennsylvania649$75,429
8Georgia555$68,009
9Maryland503$74,598
10Massachusetts478$50,320
11Ohio460$68,842
12North Carolina459$84,294
13Washington457$69,117
14New Jersey444$76,118
15Colorado352$63,744
16Michigan327$64,243
17Arizona323$70,925
18Missouri316$62,596
19Minnesota297$57,466
20Indiana285$66,413
21Tennessee231$66,108
22Wisconsin213$59,324
23South Carolina189$68,425
24Oregon186$71,628
25Connecticut186$55,097
26Alabama167$66,188
27Kentucky130$71,640
28Arkansas130$65,699
29Utah126$61,125
30Iowa118$61,084
31Louisiana109$61,630
32Kansas104$65,560
33Nevada95$77,436
34Oklahoma94$61,649
35New Hampshire72$44,873
36New Mexico71$69,637
37Mississippi68$63,503
38Nebraska67$63,330
39Alaska59$54,966
40Idaho58$61,456
41Rhode Island56$49,941
42Delaware53$75,084
43Hawaii51$56,520
44Maine42$35,659
45Montana40$56,056
46West Virginia38$67,917
47North Dakota34$45,479
48South Dakota24$60,976
49Vermont22$41,613
50Wyoming19$61,641

Contracts Manager Education

Contracts Manager Majors

37.2 %
7.9 %

Contracts Manager Degrees

Bachelors

62.5 %

Masters

14.9 %

Associate

11.3 %

Top Colleges for Contracts Managers

1. Stanford University

Stanford, CA • Private

In-State Tuition
$51,354
Enrollment
7,083

2. University of Pennsylvania

Philadelphia, PA • Private

In-State Tuition
$55,584
Enrollment
10,764

3. Northwestern University

Evanston, IL • Private

In-State Tuition
$54,568
Enrollment
8,451

4. Maine Maritime Academy

Castine, ME • Private

In-State Tuition
$13,478
Enrollment
979

5. University of Southern California

Los Angeles, CA • Private

In-State Tuition
$56,225
Enrollment
19,548

6. California State University - Bakersfield

Bakersfield, CA • Private

In-State Tuition
$7,309
Enrollment
9,142

7. SUNY at Binghamton

Vestal, NY • Private

In-State Tuition
$9,808
Enrollment
13,990

8. Villanova University

Villanova, PA • Private

In-State Tuition
$53,308
Enrollment
6,819

9. San Diego State University

San Diego, CA • Private

In-State Tuition
$7,488
Enrollment
30,018

10. Bentley University

Waltham, MA • Private

In-State Tuition
$49,880
Enrollment
4,177

Top Skills For a Contracts Manager

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, 9.2% of contracts managers listed contract management on their resume, but soft skills such as analytical skills and math skills are important as well.

  • Contract Management, 9.2%
  • Contract Administration, 5.5%
  • Contract Terms, 5.2%
  • Project Management, 4.6%
  • Customer Service, 4.3%
  • Other Skills, 71.2%

Choose From 10+ Customizable Contracts Manager Resume templates

Zippia allows you to choose from different easy-to-use Contracts Manager templates, and provides you with expert advice. Using the templates, you can rest assured that the structure and format of your Contracts Manager resume is top notch. Choose a template with the colors, fonts & text sizes that are appropriate for your industry.

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Contracts Manager Resume
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Contracts Manager Demographics

Contracts Manager Gender Distribution

Male
Male
54%
Female
Female
46%

After extensive research and analysis, Zippia's data science team found that:

  • Among contracts managers, 46.0% of them are women, while 54.0% are men.

  • The most common race/ethnicity among contracts managers is White, which makes up 73.6% of all contracts managers.

  • The most common foreign language among contracts managers is Spanish at 45.8%.

Work Experience Programs For Contracts Managers

Virtual work experience programs replicate work at top companies and help you gain the skills to be successful when applying and working there. In only a few hours, learn the relevant tools necessary to complete a typical work day at that company. Virtual work experience programs are 100% free, open-access, and self-paced. No experience or application is required!

Wealth Management Program

Company: Goodbody

Cost: Free

Duration: 5-6 hours

Commercial Law Program

Company: Linklaters Hong Kong SAR

Cost: Free

Duration: 6-7 hours

Audit Program

Company: Grant Thornton Australia

Cost: Free

Duration: 5-6 hours

Advanced Commerical Law Program

Company: King & Wood Mallesons

Cost: Free

Duration: 5-6 hours

Workplace Preparation Program

Company: ANZ

Cost: Free

Duration: 5-6 hours

Careers in Government Program

Company: NSW Government Virtual Program

Cost: Free

Duration: 1-2 hours

Business and Human Rights Program

Company: Clifford Chance

Cost: Free

Duration: 7.5-8.5 hours

Public Health Policy & Management Program

Company: Australasian Society for HIV, Viral Hepatitis and Sexual Health Medicine

Cost: Free

Duration: 5-6 hours

Developer Program

Company: Accenture Nordics

Cost: Free

Duration: 2-3 hours

Asset Management Program

Company: JPMorgan Chase

Cost: Free

Duration: 5-6.5 hours

Online Courses For Contracts Manager That You May Like

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Best States For a Contracts Manager

Some places are better than others when it comes to starting a career as a contracts manager. The best states for people in this position are California, North Carolina, Virginia, and Nevada. Contracts managers make the most in California with an average salary of $85,865. Whereas in North Carolina and Virginia, they would average $84,294 and $79,372, respectively. While contracts managers would only make an average of $77,436 in Nevada, 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.

1. Virginia

Total Contracts Manager Jobs:
698
Highest 10% Earn:
$135,000
Location Quotient:
1.39

2. California

Total Contracts Manager Jobs:
1,959
Highest 10% Earn:
$133,000
Location Quotient:
1.26

3. North Carolina

Total Contracts Manager Jobs:
459
Highest 10% Earn:
$141,000
Location Quotient:
0.9
Full List Of Best States For Contracts Managers

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Top Contracts Manager Employers

We've made finding a great employer to work for easy by doing the hard work for you. We looked into employers that employ contracts managers and discovered their number of contracts manager opportunities and average salary. Through our research, we concluded that AT&T; was the best, especially with an average salary of $94,278. UnitedHealth Group follows up with an average salary of $65,074, and then comes Fluor with an average of $91,695. In addition, we know most people would rather work from home. So instead of having to change careers, we identified the best employers for remote work as a contracts manager. The employers include BAE Systems, Presbyterian, and MassMutual

Most Common Employers For Contracts Manager

RankCompanyAverage SalaryHourly RateJob Openings
1Accenture$128,955$62.0065
2IBM$117,131$56.3179
3SAIC$100,940$48.5352
4General Electric$99,377$47.7873
5Oracle$96,256$46.2883
6Northrop Grumman$94,493$45.4368
7AT&T$94,278$45.33149
8Fluor Corporation$91,695$44.08110
9BAE Systems$91,394$43.9448
10Lockheed Martin$90,389$43.4646

Contracts Manager Videos

Becoming a Contracts Manager FAQs

Do You Need A Jd To Be A Contracts Manager?

No, you do not need a Juris Doctor (JD) to be a contracts manager. When companies have high volumes of clients and agreements, a contract manager is used to make sure that schedules are being met, contracts are being signed, honored, completed, and properly issued and stored.

How Do I Become A Successful Contract Manager?

To become a successful contract manager, there are some different path options you should follow. Success comes from having a vision of which industry you want to work in, then researching what your ideal company is looking for in a candidate.

How Much Do Contract Managers Make?

Contract managers make $85,000 annually, or $44 an hour, on average. The range may vary based on education, certifications, work experience, and location. Industry and company scale also makes a large difference. As an example, contract managers may work in construction, healthcare, finance.

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