Prequalifications & Job Description for a Contract Manager

Written by danielle langberg
  • Share
  • Tweet
  • Share
  • Pin
  • Email
Prequalifications & Job Description for a Contract Manager
The contract manager's job is complex. (contract 20309 image by pablo from Fotolia.com)

Contract managers are highly skilled, well-experienced business professionals who create complex contracts and related projects in a business setting and who may also oversee other contract professionals.

Other People Are Reading

Education and Certification

A bachelor’s degree in business, technical writing or a similar field of study is required for obtaining a position as a contract manager. This mid-level position also requires certification along with the degree. Required certifications include Certified Commercial Contracts Manager (CCCM) or Certified Federal Contracts Manager (CFCM); it is also highly recommended that a contract manager obtain the title of Certified Professional Contracts Manager (CPCM).

Skilfulness

Contract managers are expected to be able to draft instructions for non-standard contract instructions of moderate to high-level complexity. Identification of contract procedures, company regulations and any need to modify them is essential, as is the ability to use good judgment, negotiation and creativity to bring about resolutions to contractual issues. The manager must be able to oversee and instruct lower level contract professionals while at the same time perfecting his own knowledge of policies and procedures, contract law within the applicable state and any applicable international contract law.

Daily Duties

Responsible for all aspects of contract creation and negotiation, a contract manager takes on a management role of supervising and training lower level staff, making judgment calls on the application and modification of contract procedures and drafting documents that facilitate the achievement of company goals.

Expected Difficulty

For the mid-level contract manager, the creation of contracts geared towards accomplishing company objectives may be moderate to complex in difficulty and requires analytical skills as well as good judgment.

Interaction

Interaction with all levels of company and outside professionals is essential to contract managers being able to perform their duties; they train subordinates and negotiate with upper level contract professionals as well as with outside counsel, customers and service providers, and corporate management.

Salary Expectations

<p>Payscale.com breaks down the salary of a contract manager into three areas: base yearly salary, bonuses and profit sharing. As of 2010, the average yearly salary range is from £39,007 to £64,252, the average bonus amount ranges from £1,336 to £6,445, and annual profit sharing averages from £1,257 to £4,957, for a grand total yearly earning average of £38,474 to £67,724.

Don't Miss

Filter:
  • All types
  • Articles
  • Slideshows
  • Videos
Sort:
  • Most relevant
  • Most popular
  • Most recent

No articles available

No slideshows available

No videos available

By using the eHow.co.uk site, you consent to the use of cookies. For more information, please see our Cookie policy.