Contract Administrators develop, negotiateand evaluate company contracts on behalf of an organization. Theyare charged with ensuring that both parties are complicit with theterms of the contract, as well as ensuring that all contracts abideby local and federal laws.
Contract Administrators may work in avariety of different industries and typically begin their careersas a Contract Specialist before working their way up to ContractAdministrator or Contract Manager.
Contract Administrators typically hold a bachelor's degreein Finance, Accounting or Law, though an MBA is often preferred.
Overall, the most successful Contract Administrators have a strongknowledge of business financial best practices, an understanding ofcontract law, and possess a strong attention to detail.
They mustalso be skilled communicators and have excellent negotiationskills.
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