1. What is the average salary of a Contracts Administration Manager?
The average annual salary of Contracts Administration Manager is $132,995.
In case you are finding an easy salary calculator,
the average hourly pay of Contracts Administration Manager is $64;
the average weekly pay of Contracts Administration Manager is $2,558;
the average monthly pay of Contracts Administration Manager is $11,083.
2. Where can a Contracts Administration Manager earn the most?
A Contracts Administration Manager's earning potential can vary widely depending on several factors, including location, industry, experience, education, and the specific employer.
According to the latest salary data by Salary.com, a Contracts Administration Manager earns the most in San Jose, CA, where the annual salary of a Contracts Administration Manager is $166,909.
3. What is the highest pay for Contracts Administration Manager?
The highest pay for Contracts Administration Manager is $157,596.
4. What is the lowest pay for Contracts Administration Manager?
The lowest pay for Contracts Administration Manager is $106,037.
5. What are the responsibilities of Contracts Administration Manager?
Prepares and administers bids, proposals, and commercial and government contracts that follow company policies and legal requirements. Manages the contracts administration staff and guides compliance with complex contractual and regulatory requirements. Negotiates with suppliers, partners, or customers. Ensures contracts are administered and monitored to maintain compliance with the terms of agreements. Has a strong understanding of the contract life cycle, types of contracts, and applicable government regulations. Typically requires a bachelor's degree or equivalent. Sometimes requires certification like the NCMA Certified Professional Contract Manager (CPCM). Typically reports to a director. Manages subordinate staff in the day-to-day performance of their jobs. True first level manager. Ensures that project/department milestones/goals are met and adhering to approved budgets. Has full authority for personnel actions. Typically requires 5 years experience in the related area as an individual contributor. 1 - 3 years supervisory experience may be required. Extensive knowledge of the function and department processes.
6. What are the skills of Contracts Administration Manager
Specify the abilities and skills that a person needs in order to carry out the specified job duties. Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.
1.)
Negotiating: Applying negotiation concepts and techniques in a dialogue between two or more parties to reach a win-win solution.
2.)
Microsoft Office: Microsoft Office is a suite of desktop productivity applications that is designed by Microsoft for business use. You can create documents containing text and images, work with data in spreadsheets and databases, create presentations and posters.
3.)
Government Contracting: