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Lease analyst vs contracts specialist

The differences between lease analysts and contracts specialists can be seen in a few details. Each job has different responsibilities and duties. Additionally, a contracts specialist has an average salary of $63,727, which is higher than the $54,707 average annual salary of a lease analyst.

The top three skills for a lease analyst include real estate tax, property management and lease data. The most important skills for a contracts specialist are veterans, DOD, and contract administration.

Lease analyst vs contracts specialist overview

Lease AnalystContracts Specialist
Yearly salary$54,707$63,727
Hourly rate$26.30$30.64
Growth rate3%-6%
Number of jobs12,46527,244
Job satisfaction5-
Most common degreeBachelor's Degree, 70%Bachelor's Degree, 62%
Average age4444
Years of experience--

What does a lease analyst do?

Lease Analysts are responsible for assessing lease contracts to ensure accuracy and meet both the lessor and lessee's terms. Their duties include tracking lease payments, handling contract terms disagreements, and drawing up lease or purchase contracts. They also conduct property surveying and agreement interpretation for clients. Lease Analysts can specialize in various industries, including real estate, automotive, and oil and gas. Other duties may include generating reports to monitor transactions and working with cross-functional departments such as accounting and land handling inquiries.

What does a contracts specialist do?

A contract specialist is responsible for evaluating contract agreements between the business and its clients. Contract specialists write beneficial deals that would develop good, professional working partnerships. They negotiate terms with clients, analyzing bid offers, review legislation processes and regulations, provide immediate resolution for breach of contracts, manage procurement proposals, and communicate with potential and existing clients for any amendments and clarifications. A contract specialist must have excellent communication and negotiation skills and broad knowledge of legal terminologies and contract styles.

Lease analyst vs contracts specialist salary

Lease analysts and contracts specialists have different pay scales, as shown below.

Lease AnalystContracts Specialist
Average salary$54,707$63,727
Salary rangeBetween $37,000 And $78,000Between $40,000 And $99,000
Highest paying CityWoonsocket, RIWashington, DC
Highest paying stateNew JerseyDelaware
Best paying companyMichaels StoresGoogle
Best paying industryFinanceGovernment

Differences between lease analyst and contracts specialist education

There are a few differences between a lease analyst and a contracts specialist in terms of educational background:

Lease AnalystContracts Specialist
Most common degreeBachelor's Degree, 70%Bachelor's Degree, 62%
Most common majorBusinessBusiness
Most common collegeWestern Carolina UniversityWestern Carolina University

Lease analyst vs contracts specialist demographics

Here are the differences between lease analysts' and contracts specialists' demographics:

Lease AnalystContracts Specialist
Average age4444
Gender ratioMale, 35.5% Female, 64.5%Male, 40.2% Female, 59.8%
Race ratioBlack or African American, 6.4% Unknown, 4.6% Hispanic or Latino, 9.4% Asian, 8.8% White, 70.4% American Indian and Alaska Native, 0.4%Black or African American, 6.4% Unknown, 4.6% Hispanic or Latino, 9.4% Asian, 8.8% White, 70.4% American Indian and Alaska Native, 0.4%
LGBT Percentage11%11%

Differences between lease analyst and contracts specialist duties and responsibilities

Lease analyst example responsibilities.

  • Lead the requirement gathering effort from key customers for development of new JAVA applications and for troubleshooting customer issues.
  • Implement next-generation technologies and process automations (including new EDI and ERP systems) to foster an environment of continuous improvement.
  • Set up and verify well interest (WI, NRI, BPO, APO, etc.
  • Determine APO changes and updates.
  • Retrieve and release orders through EDI.
  • Approve and set-up for revenue in Excalibur.
  • Show more

Contracts specialist example responsibilities.

  • Manage multiple task orders in an IDIQ environment.
  • Provide clarity on medical and drug cover benefits for a Medicare advantage insurance plan.
  • Manage inventory and distribution activities of the third-party logistics provider.
  • Develop marketing strategies to expand Medicaid manage care provider network and enrollment.
  • Manage the influenza vaccine annual contracting and RFP process for a national specialty pharmaceutical distributor.
  • Process purchase orders and subcontracts, including managing insurance requirement compliance and certify payroll documentation.
  • Show more

Lease analyst vs contracts specialist skills

Common lease analyst skills
  • Real Estate Tax, 6%
  • Property Management, 6%
  • Lease Data, 6%
  • Lease Language, 5%
  • Reconciliations, 5%
  • Lease Administration, 5%
Common contracts specialist skills
  • Veterans, 7%
  • DOD, 7%
  • Contract Administration, 6%
  • Contract Terms, 5%
  • Contract Management, 5%
  • Market Research, 5%

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