Contract Manager JOB DESCRIPTION GUIDE
Contract Manager Salary Guide
Looking to hire top talent or advance your career? Our expertly researched salary guide for 2024 provides valuable insights into Construction & Real Estate positions!
Contract Manager Core Duties and Qualifications
Employers such as construction and real estate firms are always looking for an experienced Contract Manager to assist in the construction team in matters concerning contracts and compliance with the law. The skills of a Manager will include contract administration, negotiation, and problem solving as this will determine the success or otherwise of any project.
A good Contract Manager should be able to analyze, negotiate, listen, and solve problems, and should have adequate understanding of laws governing construction and contracts as well as construction regulations.
Desired Profile For A Contract Manager
Roles and Duties
Contract managers have a professional relationship with the legal department, the client, or the supplier so that all terms of the contract are implemented according to the best interests of an organization. They need to fulfil the following duties and responsibilities to accomplish the best results.
- Oversee contract management, including creating, negotiating, and resolving disputes.
- Review and analyze contract documents, data, and information.
- Ensure fulfillment of all legal regulations, law policies, laws, and guidelines.
- Detect disputes and risks that may arise and resolve them.
- Propose and implement firm, tested strategies for contract management.
- Interact with project teams, project stakeholders, and clients.
- Monitor the contract process and ensure compliance with laws and regulations.
- Document data and information regarding contracts accurately.
Qualifications And Certifications
Following are the outlined educational qualification and additional certification for a contract manager:
- Required bachelor’s degree or equivalent in:
- Business administration
- Law
- Finance
- Contract management
- Related fields
- Master’s degree in business administration (MBA), contract management, law, or related field (optional).
- Professional certifications such as Certified Contract Manager (CCM), Contract Management Certification, Certified Contract Specialist (CCS), Certified Federal Contract Manager (CFCM), and others are suggested.
Skills And Expertise
Below are the outlined skills set of a contract manager:
- 5-7 years of professional experience in contract management of construction projects or similar.
- Proficiency in MS Office and contract management software like Conga, Asana, etc.
- Expertise in codes, rules, and regulations related to construction.
- Knowledge of FIDIC, NEC, or other contract forms.
- Problem-solving abilities and leadership skills.
- Good communication and client management skills.
- Negotiation skills and adaptability.
- Attention to detail.
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