Contract Manager Job Description: Top Duties and Requirements

A Contract Manager is a professional who reviews, negotiates, and prepares contracts for a company and its employees, vendors, or customers. Their duties include responding to contract negotiation, bids, and proposals, reviewing all contracts to ensure they comply with all company policies, regulations, and laws, and analyzing potential risks of signing certain contracts.  

 

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Contract Manager duties and responsibilities

A Contract Manager plays a critical role in an organization, as they’re responsible for managing the company’s negotiations and contracts. A Contract Manager needs to be fully aware of the benefits, potential risks, and other necessary details of each contract the company signs. Other duties and responsibilities include:

  • Monitoring contracts, and moving forward with extension, close-out, or renewal of contracts
  • Ensuring all contract details align with federal, state, and local laws, as well as cooperate guidelines, policies, objectives, and goals
  • Drafting responses to contract bids, negotiations, and proposals
  • Reviewing existing contracts to locate any potential breaches and to add updates as requested by signers
  • Writing and sending requests for proposals to potential vendors
  • Adding improvements to existing company contract policies to ensure compliance and reduce any potential risks

 

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Contract Manager Job Description Examples:

 

Example 1

Requisition ID: [phone number]Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture. As part of Scotiabank Global Risk Management, the Exposure and Capital Analysis - Market Risk group is at the forefront of managing the Bank's market risk capital and stress testing program in response to current regulatory & market changes and risk management initiatives. The group is responsible for the analysis of market risk exposure, primarily through Value at Risk, for the full suite of capital markets products. You will ensure that market risk exposure is accurately measured by the Bank's market risk model and explained by the market movement and trading strategies. In addition, you will also participate in the project of implementing FRTB (Fundamental Review of Trading Book), the next generation of market risk capital rule, and handle the parallel FRTB report requested by regulators. Key Accountabilities Responsible for using analytics to understand and communicate effectively the key drivers of market risk capital and stress testing to relevant stakeholders in risk and the front office, including the Bank's Senior Management Support daily market risk monitoring for one business line Develop scripts and analytics for the implementation of FRTB Coordinate and liaise with different groups to facilitate the implementation of FRTB What we're looking for? Extensive knowledge of capital market, market risk, Value at Risk (VaR), financial derivatives, and regulatory requirements Detail oriented Excellent communication skill Working experiences on programming using Python and Unix Bash script Maintain curiosity and be self-driven to find answers to questions through independent research and/or discussion with peers What's in it for you? The opportunity to join a company surrounded by a collaborative team of innovative thinkers. Be part of a diverse and knowledgeable risk team A rewarding career path with diverse opportunities for professional development. Internal development to support your growth and enhance your skills. A competitive compensation and benefits package. An organization committed to making a difference in our communities– for you and our customers. We have an inclusive and collaborative working environment that encourages creativity, curiosity, and celebrates success! This position is located King St W, downtown Toronto. This position is a 15 month contract role. Location(s): Canada : Ontario : Toronto Scotiabank is a leading bank in the Americas. Guided by our purpose: &;for every we help our customers, their families and their communities achieve success through a broad range of advice, products and services, including personal and commercial banking, wealth management and private banking, corporate and investment banking, and capital markets. At Scotiabank, we value the unique skills and experiences each individual brings to the Bank, and are committed to creating and maintaining an inclusive and accessible environment for everyone. If you require accommodation (including, but not limited to, an accessible interview site, alternate format documents, ASL Interpreter, or Assistive Technology) during the recruitment and selection process, please let our Recruitment team know. If you require technical assistance, please click here. Candidates must apply directly online to be considered for this role. We thank all applicants for their interest in a career at Scotiabank; however, only those candidates who are selected for an interview will be contacted.

Example 2

Position Summary We are seeking an inspirational and dynamic Assistant Store Manager to play a leading role in the success of the store/counter by supporting the Store Manager to lead, coach and develop our team of Sales Associates to achieve all sales, customer service and operational targets. Candidates should have proven supervisory, coaching and retail operations skills gained in a fast paced retail environment. If you are an ambitious and high performing self-starter with a flair for retail and a passion for coaching others to reach their full potential this could be the perfect role for you and the first step towards a long term and fulfilling career with a leader in prestige beauty. With a culture that values diversity of thought and people, we offer progressive career opportunities, outstanding training and development and a competitive remuneration and benefits package. Qualifications Qualifications Proven retail experience preferably within cosmetics The ability to provide inspirational, authentic and personalized customer service Previous supervisory experience with a proven track record of others to achieve sales and customer service targets Retail operations experience including inventory management and cash reconciliation Ability to work retail hours including days, nights, weekends and special events in a fast-paced work environment Previous experience with retail point-of-sale software Proficient in Microsoft Office Applicants must be able to provide proof of right to live and work in the country if invited to attend for interview Job: Retail - Store Primary Location: Job Type: Standard Schedule: Full-time Shift: On Call Job Number: [phone number]We are an equal opportunity employer. Minorities, women, veterans, and individuals with disabilities are encouraged to apply. Accommodations for job applicants with disabilities are available on request.

Example 3

*Summary* The Contract Manager will be responsible for the daily operations of the City of Calgary contract. You will supervise day-to-day operations of GFL, which consists of 30 trucks per day. You will be responsible for the routing of trucks and ensure all areas of the collection are gathered. You will complete all City of Calgary field orders. You will assist other Lines of Business and ensure operations run smoothly. You will also act as a liaison to accommodate customer needs, while solving operational and safety concerns in a timely and proper manner. * *Job Duties* · Direct supervision of all drivers, ensuring ongoing training requirements, discipline and procedural implementation. · Assist with and recommend annual equipment budget; implement and monitor the budget within approved limits. · Ongoing “sit-in” driver training to assess any poor driving habits, road- rage, excessive braking, possibly fuel cost savings, etc. · Conduct regular driver reviews/OBA. · Attain all of the necessary information regarding any issues by maintaining courteous, prompt and efficient customer relations with residents. · Organizing and approving of driver vacation requests. · Approving your LOB payroll. · Direct communication with other departments to ensure proper ongoing service and upkeep of all units including safety devices, vehicle lighting, warning devices, fittings, safety supplies. · Ensure a healthy and safe working environment for all workers reporting any issues immediately to your direct supervisor. · Ensure company policy, systems, and industry related training is delivered to all drivers. · Perform Accident Investigations when company vehicles are involved in traffic accidents. · Provide or arrange training for drivers to ensure they are properly servicing customers based on established requirements. · Resolve all internal service issues in a cost effective and expeditious manner; all customer service issues to be reported internally in a timely, organized manner with details on how the issue(s) will be resolved. · Other duties as assigned. * *Requirements * · Valid Class 1 or Class 3 license with a clean drivers abstract. · Preferred 2-3 years supervisory experience along with experience working with Side loaders, Rear Packers, Front End, and Roll Off vehicles. · Able to perform a pre and post trip inspection and accident investigations. · Previous operations, transportation, waste management experience preferred. · Strong communication and interpersonal skills · Ability to plan, prioritize and execute against tight timelines. · Proficient with database, spreadsheet, and word processing computer skills within a Microsoft environment. · Willing to work flexible hours with some travel. · Successful applicants to provide proof of COVID-19 double vaccination status as per client requirements. * *GFL Environmental is an equal opportunity employer and encourages applications from all qualified individuals. We thank you for your interest. Only those selected for an interview will be contacted.* Job Types: Full-time, Permanent Benefits: * Dental care * Disability insurance * Employee assistance program * Extended health care * Life insurance * On-site parking * RRSP match * Vision care Ability to * Calgary, AB: reliably commute or plan to relocate before starting work (preferred) Application question(s): * Please explain if you have supervisory experience along with experience working with Side loaders, Rear Packers, Front End, and Roll Off vehicles * Are you willing to disclose your COVID-19 vaccination status as part of the client’s requirement? * Class 1 or 3 License with clean abstract (preferred) Work remotely: * No

Example 4

*CNTNR Modular Building Solutions ([website])* CNTNR Modular Building Solutions is an innovative modular manufacturing company that is challenging the status quo of the construction industry. We have pioneered a manufacturing process using repurposed steel shipping containers, prefabricated into modular building blocks and assembled on-site to create container-based structures. The result: eco-friendly, structurally superior buildings in half the time of traditional building processes that are also beautiful, functional, and modern. Our projects encompass single and multi-family residential design, as well as commercial and institutional projects. With a product this spectacular we need a team equal to it. If you have the skills and drive to be part of the next generation of construction, apply today. *Contract Manager* This role is a member of the project management team, with the focus on managing RFP process, the contractual obligations and relationship between the client, Supplier(s)/Vendor(s), Contractor(s) and Subcontractor(s) and ensuring adherence of all parties to all aspects of the contract agreement. This role requires excellent communication, a high attention to detail and strong leadership skills. * Organizational Structure* * Reporting directly to the Vice President, Project Management * Work In collaboration with the Sales, Project Managers and Coordinators, Design Team, Construction Manager, Plant Management, Procurement and Finance * Responsibilities* * RFP and Proposals* * Responsible for bidding/tender process, reviewing and analyzing RFPs, RFPQs and RFIs requirements * Managing Request for Proposal process from a combination of architects, engineers, technical consultants, contractors, and subcontractors. * Assist in the review and analysis of the Proposals and contract documents to ensure that the appropriate contracting strategy and contractual clauses are applied to reduce risk and protect the interests of the company * Assist in evaluating professional teams, scoring multiple proposals, and following up with contracts with the winning bidders * Work with the team on proposals preparation, particular attention to commercial and contractual obligations * Contract Management* * Draft, revise, edit, and prepare variety of contracts and addendums with internal and external stakeholders in the design, manufacturing, and construction industry (CCDC contracts, consultants, general contractors, subcontractors, suppliers/vendors, etc.) * Provide advice and guidance to the different teams relating to contract generation * Manage contracts for the organization’s projects from conception through negotiation, execution, and completion * Manage programs, systems, and services regarding the insurance requirements for the organization * Assist project managers in the change order process with documenting, evaluating, and processing * Foresee potential claims and manage them with strong foresight to reaching a resolution * Identify and mitigate potential contractual, financial and or performance risks * Interact with senior staff from internal and external stakeholders with respect to contractual matters, issues, claims etc., including Procurement Services, Legal Counsels, external claims and legal consultants and contractors * Skills and Qualifications* * 4-8 years experience in the contract administration process, preferably in the Building/Design/Construction/Modular Industry * Minimum college degree in Design and Construction related studies, business administration, contract management, etc. * A bachelor’s degree or above in Business Administration, Engineering, Architecture, Finance or Commerce is a strong asset * Strong awareness of construction and contract change law * Previous experience with CCDC, OAA and similar contracts strong asset * Thorough knowledge of applicable legal terminology, contract language interpretation, and terms and conditions * Effective communication and negotiation skills * Experience dealing with change/claims resolution issues * Dynamic and highly motivated individual able to interact with design, manufacturing, procurement, construction, and finance teams * Must possess excellent written and oral communication skills * Possesses superior organizational skills and the ability to manage multiple projects with shifting priorities, and adaptable to flexible work schedule * Must have strong computer skills and knowledge of common programs such as Microsoft Office, spreadsheets, Adobe and DocuSign and an asset to have knowledge of Smartsheet * Project Management knowledge and skills would be an asset * PMP certification is an asset * Commitment to ethical business conduct and trusted with sensitive information *Additional Information* * Full time, permanent position * Start Date: November [phone number]* Work Location: Welland, Ontario To learn more about us, please visit us at CNTNR is an equal opportunity employer. All aspects of employment including the decision to hire, promote, discipline, or discharge will be based on merit, competence, performance, and business needs. We fully embrace the differences that make us stronger and will rigorously uphold protections against discrimination and harassment outlined in provincial and federal law. Job Type: Full-time

What does a Contract Manager do?

Contract Managers oversee the contract creation and negotiation process from start to finish. They’ll write, review, negotiate and execute a variety of contracts between customers, vendors or their employees to ensure they’re compliant with laws and company policies. 

Before writing, reviewing, or approving contracts, the Contract Manager will conduct extensive research to ensure the contract’s language is compliant and to detect any potential risks the company could face if they sign the contract. Contract Managers regularly check on current contracts to ensure the company and customer are remaining compliant and following the terms listed in their contract.

 

Contract Manager skills and qualifications

Given their work scope, a Contract Manager needs to be well-informed on industry trends and all aspects of the contracting process. They should also possess impressive negotiation and judgement abilities to determine if certain contracts are well-suited to the company’s needs and objectives. Common skills and qualifications successful Contract Managers should have include: 

  • Excellent written and verbal communication skills
  • Exceptional attention to detail
  • Interpersonal and listening skills
  • Deep understanding of contracts, contractual language, and contract governance
  • Critical thinking skills, research abilities, and ongoing legal knowledge
  • Ability to professionally manage and store confidential information
  • Excellent understanding of business operations and financial analytics

 

Contract Manager work experience

Contract Managers typically have at least two years experience managing or negotiating business contracts. Impressive candidates may also have at least two years experience writing and negotiating certain resale agreements with vendors. Contract Managers who previously served as Contract Specialists may also be considered for the role.  

 

Contract Manager education and training requirements

Most candidates have a Bachelor of Business Administration, while others may have a Master of Business Administration degree instead. Depending on where they work, some Contract Managers are expected to earn a certification, like a Certified Commercial Contracts Manager or Certified Professional Contracts Manager designation, offered by the National Contract Management Association. If specific contract management software solutions need to be used, candidates may require training on these programs during onboarding.

 

Contract Manager salary expectations

According to Indeed Salaries, the average salary for a Contract Manager in Canada is $84,613 per year. This is not a fixed figure, and it typically varies depending on the company, geographical location, and the employee’s level of experience.

 

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Contract Manager job description FAQs

 

What is the difference between a Contract Manager and a Project Manager?

A Contract Manager is involved in negotiating and working closely with clients to help them understand the paperwork they’re signing, so Contract Managers must stay updated on any contractual changes. A Project Manager focuses on meeting the specifications and goals of a designated project, including software development, construction projects, or client project launches. Whereas a Contract Manager concentrates solely on the contract between the client and the business, a Project Manager is responsible for the execution and overall success of a specific project.  

 

Who reports to a Contract Manager?

Larger organizations may have several individuals on the contract management team separately completing different tasks like conducting research, drafting new contracts, and auditing existing contracts. Contract Managers will typically oversee the team’s progress and will approve of the contracts before they’re submitted. 

Smaller teams may have a single Contract Specialist working under the Contract Manager. They’ll complete basic contract tasks for the Contract Manager to review. The Contract Manager will guide and advise this employee regarding ways to improve their work performance and advance in their role.

 

What should an employer look for in a Contract Manager candidate's resume?

When perusing resumes for a Contract Manager candidate, employers should pay attention to unique skills and abilities. These include the candidate’s ability to automate contract communications, track contract approval time, balance storage security and access, set and measure contract management KPIs, and keep contract information in one place.

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