Skills & Competencies for Contracts Administrator V

Contracts Administrator V job profile

JOB SUMMARY for Contracts Administrator V

Develops, prepares, and administers contracts, bids, and proposals that meet specifications and comply with all policies and regulations.

JOB RESPONSIBILITIES for Contracts Administrator V

Supports or participates in contract negotiations with suppliers, partners, or customers. Reviews contract terms to identify any potential risk or compliance issues. Examines supporting materials and agreement documents related to bids or contracts and provides guidance. Acts as liaison between the organization and subcontractors to implement the contracts. Maintains contract records used to ensure compliance with reporting and regulatory requirements.

Contracts Administrator V SALARY RANGE

BASE 50%
$148,123
TOTAL 50%
$158,049
Job Level
P05
Job Code
LE11000092
Education/Degree
Bachelor's Degree
Reports To
Manager or Head of a Unit/Department

Contracts Administrator V Skills and Competencies List

Proficiency Levels and Behavioural Indicators
Salary.com identifies five increasing levels of proficiency for each skill/competency. Some jobs require only a relatively low level of proficiency in each skill/competency, while other jobs will require a more advanced level of proficiency in the same skill/competency. These levels rate the degree of proficiency (skill level, expertise) we expect the incumbent to perform in the given skill/competency for the given job. Note that we intentionally do not associate timeframes or years of experience in performing the skill/competency because that can be misleading. Proficiency levels identify what the incumbent knows and can do rather than how long they have been doing it. Also, note that the proficiency levels are cumulative, e.g., a level 4 proficiency implies the ability to perform all the behaviors at the lower levels.
Check each Contracts Administrator V skill and competencie below to view definitions.

13 general skills or competencies (Job family competencies) for Contracts Administrator V

1 Job Family Competencies – Commercial Law
Proficiency Level -3
Skill definition-Applying the knowledge of commercial law to regulate the conduct of persons, merchants, and businesses engaged in trade, sales, and commerce.
Level 1 Behaviors
(General Familiarity)
Documents the process used in resolving commercial law disputes.
See 4 More Skill Behaviors
Level 2 Behaviors
(Light Experience)
Collaborates with colleagues to ensure business practices comply with commercial law.
See 4 More Skill Behaviors
Level 3 Behaviors
(Moderate Experience)
Implements standard methodologies to improve compliance with domestic and international commercial law.
See 4 More Skill Behaviors
Level 4 Behaviors
(Extensive Experience)
Provides legal advice in processing business transactions to ensure arrangements are legally valid.
See 4 More Skill Behaviors
Level 5 Behaviors
(Mastery)
Develops standard templates for recurring commercial transactions to address new issues in the law.
See 4 More Skill Behaviors
2 Job Family Competencies – Compliance Monitoring
Proficiency Level -3
Skill definition-Ensuring that the staff is following all policies and procedures in our business.
Level 1 Behaviors
(General Familiarity)
Documents the processes used in developing and implementing compliance monitoring plans.
See 4 More Skill Behaviors
Level 2 Behaviors
(Light Experience)
Collects data and submits required reports necessary for workforce compliance and monitoring.
See 4 More Skill Behaviors
Level 3 Behaviors
(Moderate Experience)
Maintains monitoring systems to ensure compliance with established regulations and policies.
See 4 More Skill Behaviors
Level 4 Behaviors
(Extensive Experience)
Leads in the analysis of potential risks faced across your entire organization.
See 4 More Skill Behaviors
Level 5 Behaviors
(Mastery)
Develops overall monitoring plans to identify compliance risks immediately.
See 4 More Skill Behaviors
3 Contracts Administrator V - Skill and Competency
Proficiency Level - 3
4 Skill and Competency - Contracts Administrator V
Proficiency Level - 4
5 Competency for - Contracts Administrator V
Proficiency Level - 5

8 soft skills or competencies (core competencies) for Contracts Administrator V

1 Core Competencies – Attention to Detail
Proficiency Level -4
Skill definition-Executing and completing a task with a high level of accuracy.
Level 1 Behaviors
(General Familiarity)
Identifies the procedures for making sure that results are mistake-free.
See 4 More Skill Behaviors
Level 2 Behaviors
(Light Experience)
Processes limited amounts of detailed information with reasonable accuracy.
See 4 More Skill Behaviors
Level 3 Behaviors
(Moderate Experience)
Reviews and analyzes the accuracy of data and details.
See 4 More Skill Behaviors
Level 4 Behaviors
(Extensive Experience)
Designs systems to help the team organize and track details and project progress.
See 4 More Skill Behaviors
Level 5 Behaviors
(Mastery)
Develops best practices for identifying and correcting errors, oversights, and omissions.
See 4 More Skill Behaviors
2 Core Competencies – Confidentiality
Proficiency Level -3
Skill definition-The process of and obligation to apply and enforce rules and practices that ensure that specific types of information are accessible only to those authorized to use it.
Level 1 Behaviors
(General Familiarity)
Explains the necessity of confidentiality in running a business.
See 4 More Skill Behaviors
Level 2 Behaviors
(Light Experience)
Documents and escalates confidentiality issues with an appropriate sense of urgency.
See 4 More Skill Behaviors
Level 3 Behaviors
(Moderate Experience)
Explores new ways and tools to handle confidential and sensitive information.
See 4 More Skill Behaviors
Level 4 Behaviors
(Extensive Experience)
Demonstrates thorough knowledge of industry and organization's policies and practices requiring confidentiality.
See 4 More Skill Behaviors
Level 5 Behaviors
(Mastery)
Ensures confidentiality is covered and emphasized under our organizational Code of Business Conduct and Ethics.
See 4 More Skill Behaviors
3 Contracts Administrator V - Skill and Competency
Proficiency Level - 3
4 Skill and Competency - Contracts Administrator V
Proficiency Level - 4
5 Competency for - Contracts Administrator V
Proficiency Level - 5

Summary of Contracts Administrator V skills and competencies

There are 0 hard skills for Contracts Administrator V.
13 general skills for Contracts Administrator V, Commercial Law, Compliance Monitoring, Contract Compliance, etc.
8 soft skills for Contracts Administrator V, Attention to Detail, Confidentiality, Problem Solving, etc.
While the list totals 21 distinct skills, it's important to note that not all are required to be mastered to the same degree. Some skills may only need a basic understanding, whereas others demand a higher level of expertise.
For instance, as a Contracts Administrator V, he or she needs to be skilled in Attention to Detail, be skilled in Confidentiality, and be skilled in Problem Solving.

It's Easy to Get Started

Get the precision you need to assess, hire, and develop top talent with skills and competencies – see how with a personalized demo.