Contract Admin
Controller Job Description
A contract administrator is a business administration professional who oversees the creation, negotiation, signing and upholding of contracts. Companies hire contract administrators when their business model involves working with a substantial number of vendors and other businesses. They track and update agreements between businesses, which helps organizations prevent conflicts and fulfill obligations.
Communication skills enable a contract administrator to work with other members of their organization and represent their wants and needs. Negotiation skills are key to helping two or more parties reach an agreement that aligns with their interests. Contract administrators prepare complex and evolving documents, and they depend on the cooperation and collaboration of several colleagues for each contract. Their organizational skills help them develop processes that minimize errors and produce reliable results. Analytical skills ensure contract administrators fully understand the significance of every contract they oversee. Their attention to detail ensures they examine each clause and determine how it could affect their companies.
Most employers require contract administrator candidates to have at least a bachelor’s degree in a business-related field, such as business administration, organizational management or human resource management.
Contracts administrators manage business contracts, including purchasing, sales, and employment contracts. They should be able to negotiate contract terms.
Typical duties of a Controller
• Work with different levels of personnel within an organization to analyze and solidify an overall contract strategy
• Coordinate actions with internal procurement and legal teams if needed
• Report status of current contract processes to management
• Resolve any existing contract conflicts
• Create language standards and rules for existing and new contracts
• Serve as a liaison between internal and external parties during contract development and negotiation stages
• Negotiate terms, conditions and pricing, and ensure they are accurately executed and satisfied
• Follow up to guarantee contractual payments have been made
• Analyze potential risks that contract changes may pose to the organization
Skill:
• Attention to detail and the ability to spot errors and inconsistencies
• Excellent reading and language comprehension
• Ability to work with a team at all levels of an organization
• Effective ability to negotiate and execute contracts
• Proven management and leadership skills
• Exceptional communication skills (oral and written)
Qualification: Business Administration, Human Resources Management, Contract Management