The Contract Administrator manages and reviews business contracts for financial agreements like company purchases, rental agreements, new hire contracts and business proposals. His/her duties include negotiating contract terms and conditions with each party, analyzing potential risks involved with certain contract agreements and helping employees and leadership better understand the information outlined in the contracts.
Key Responsibilities
- Develops contract proposals to support organizational goals
- Ensures compliance with the company’s work health and safety policies, standards and procedures
- Manages contract closeout procedures
- Ensures that all records are accurate and up to date
- Negotiates terms and conditions
- Writes contract letters and other communications and notices
- Maintains detailed and organized files
- Establishes delivery schedules, monitor progress, and contact clients and suppliers to resolve problems
- Negotiates and approve contract terms while ensuring that projects remain within the established budget
- Tracks payments to vendors as per contract
Job Requirements/Qualifications
- An Associate’s degree in business administration, office management or a field related to the industry
- Proven work experience as a Contract Administrator
- Exemplifies knowledge of contract law, accounting principles and finance
- Possesses superior attention to detail in order to spot inconsistencies in contracts
Skills needed for this role
The Contract Administrator must have the ability to prioritize and organize tasks to meet deadlines. He/She must have the ability to manage multiple priorities while maintaining a high degree of accuracy and strong attention to detail, in a fast paced shop environment with constant interruptions.
Career Level
1-4 Years Experienced Employee
Job Specializations
Administrative