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The differences between procurement services managers and contracts administration 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 procurement services manager and a contracts administration manager. Additionally, a procurement services manager has an average salary of $101,878, which is higher than the $72,869 average annual salary of a contracts administration manager.
The top three skills for a procurement services manager include strategic sourcing, supplier performance and RFP. The most important skills for a contracts administration manager are contract administration, proposal preparation, and contract management.
| Procurement Services Manager | Contracts Administration Manager | |
| Yearly salary | $101,878 | $72,869 |
| Hourly rate | $48.98 | $35.03 |
| Growth rate | -6% | -6% |
| Number of jobs | 88,689 | 10,694 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 62% | Bachelor's Degree, 62% |
| Average age | 47 | 47 |
| Years of experience | 6 | 6 |
Procurement services managers require strong interpersonal and communication skills, good finance abilities, and the ability to manage budgets as costs. This position calls upon the direction and coordination of personnel activities including buying, selling, and distributing materials, equipment, machinery, and supplies, as well as staff hiring and training oversight. They will also prepare and process supply and equipment requisitions and purchase orders.
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.
Procurement services managers and contracts administration managers have different pay scales, as shown below.
| Procurement Services Manager | Contracts Administration Manager | |
| Average salary | $101,878 | $72,869 |
| Salary range | Between $70,000 And $147,000 | Between $46,000 And $114,000 |
| Highest paying City | - | Arlington, VA |
| Highest paying state | - | Virginia |
| Best paying company | - | Deloitte |
| Best paying industry | - | Utilities |
There are a few differences between a procurement services manager and a contracts administration manager in terms of educational background:
| Procurement Services Manager | Contracts Administration Manager | |
| Most common degree | Bachelor's Degree, 62% | Bachelor's Degree, 62% |
| Most common major | Business | Business |
| Most common college | Stanford University | Stanford University |
Here are the differences between procurement services managers' and contracts administration managers' demographics:
| Procurement Services Manager | Contracts Administration Manager | |
| Average age | 47 | 47 |
| Gender ratio | Male, 62.2% Female, 37.8% | Male, 42.9% Female, 57.1% |
| Race ratio | Black or African American, 9.1% Unknown, 3.8% Hispanic or Latino, 12.3% Asian, 7.4% White, 67.0% 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, 66.7% American Indian and Alaska Native, 0.3% |
| LGBT Percentage | 11% | 11% |