What does a Contract Administrator do?
A Contract Administrator supports the lifecycle of contracts, from initial creation to final execution. They are responsible for ensuring that all contractual terms and conditions are met and that all parties involved are meeting their obligations.
A Contract Administrator often creates and supports legal contract processing on behalf of their company. Their responsibilities include addressing any conflicts or questions regarding contracts, analyzing possible risks posed by contracts, and working alongside legal and procurement teams.
Contract Administrator Responsibilities
- Liaise with staff on all levels of the company to analyze and determine a comprehensive contract strategy.
- Design standardized language and guidelines for contracts.
- Collaborate with internal procurement, legal and human resources teams to ensure contracts’ compliance.
- Share and clarify contract processes, conditions and details with management, business partners and employees.
- Obtain contract-related information from relevant parties.
- Review contracts, verifying accuracy and resolving discrepancies in line with company rules and guidelines.
- Ensure relevant documentation accompanies contracts and maintain digital and hard copies of relevant documentation.
- Liaise between parties regarding contract development, and negotiations regarding terms and conditions, and draft and revise changes as required.
- Identify potential risks contract changes may pose to the company.
Contract Administrator Qualifications
- Bachelor’s degree in business administration, legal studies, or a related field.
- At least two years of contract-related experience.
- Knowledge of legal requirements pertaining to relevant contracts.
- SAP/ERP experience and proficiency with MS Office Excel, Word and PowerPoint.
- Outstanding communication, comprehension, and organizational skills.
- Strong attention to detail.
Looking for a Contract Administrator? As committed partners in recruiting, we can help refine job descriptions and assist you in finding the right candidate for your needs.
Are you looking for new employment opportunities as a Contract Administrator? View open positions here.