Subcontracts managers are responsible for the procurement of materials, equipment, or services that support a company's business effort. They manage the entire lifecycle of the subcontract, including identifying their company's specific needs, researching, and negotiating with possible sources and deciding which provider to select as the subcontractor. They can find positions within manufacturing companies, wholesale trade, government, and retail.
On a daily basis, subcontracts managers confer with staff and vendors, attend bidders' conferences or seminars, and interview vendors. They develop subcontract specifications, terms and conditions, as well as modify, add, or delete portions of the subcontract to suit the company or vendors' specifications. They are responsible for hiring and supervising purchasing clerks and buyers and developing policies and procedures for purchasing and contracting agents. Subcontracts managers also ensure that the company follows all applicable laws and regulations.
Most opportunities for this occupation require several years of experience along with a bachelor's degree in administration. Certain certifications, such as Certified Professional in Supply Management designation from the Institute for Supply Management or a related field, may be advantageous over others. The median salary for the position is $86,110 annually. Moreover, the career is expected to grow further in the near future.
There is more than meets the eye when it comes to being a subcontracts manager. For example, did you know that they make an average of $59.17 an hour? That's $123,077 a year!
Between 2018 and 2028, the career is expected to grow -6% and produce -29,200 job opportunities across the U.S.
There are certain skills that many subcontracts 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.
When it comes to the most important skills required to be a subcontracts manager, we found that a lot of resumes listed 14.1% of subcontracts managers included procedures, while 9.7% of resumes included project management, and 9.2% of resumes included clearance. Hard skills like these are helpful to have when it comes to performing essential job responsibilities.
When it comes to searching for a job, many search for a key term or phrase. Instead, it might be more helpful to search by industry, as you might be missing jobs that you never thought about in industries that you didn't even think offered positions related to the subcontracts manager job title. But what industry to start with? Most subcontracts managers actually find jobs in the technology and construction industries.
If you're interested in becoming a subcontracts manager, one of the first things to consider is how much education you need. We've determined that 60.8% of subcontracts managers have a bachelor's degree. In terms of higher education levels, we found that 16.5% of subcontracts managers have master's degrees. Even though most subcontracts managers have a college degree, it's possible to become one with only a high school degree or GED.
Choosing the right major is always an important step when researching how to become a subcontracts manager. When we researched the most common majors for a subcontracts manager, we found that they most commonly earn bachelor's degree degrees or master's degree degrees. Other degrees that we often see on subcontracts manager resumes include associate degree degrees or doctoral degree degrees.
You may find that experience in other jobs will help you become a subcontracts manager. In fact, many subcontracts manager jobs require experience in a role such as subcontract administrator. Meanwhile, many subcontracts managers also have previous career experience in roles such as contracts manager or purchasing manager.