Wednesday, April 12, 2017

Contracts Administrator Resume

Contracts Administrator Resume Samples, Tips, and Templates

Contracts regulate the transactions in the business world; these documents set clear boundaries and performance levels and have legal value in case of duties’ default. The contract administrator is a specialist in legal matters who is able to use their expertise to define the best terms for both parties entering an agreement.

The role of a contract administrator is to facilitate the business relations putting in place incentives and penalties and following legal regulations regarding economic agreements. The most important skills of a candidate’s resume are negotiation abilities, market analysis, knowledge of legal procedures and accuracy in drafting documents. A successful candidate should have at least a bachelor’s degree in business administration, resource management or law.

When applying and interviewing for a contracts administrator job, highlight in your resume your ability to initiate negotiations, conduct due diligence, operate ERP and act as a liaison.

Tips for Contracts Administrators Resumes

Connecting businesses

A contract administrator is most of the times an external consultant asked to mediate the relationship between two businesses that either don’t trust each other or need outside help, such as in the case of outsourcing or mergers and acquisitions. Their role is that of a bridge builder, teaching each side of the deal how to get the most out of entering the agreement and enforcing standards.

Setting limits

A contract is an acceptable way of setting boundaries and performance levels. The role of the contracts administrator is to advise clients in selecting adequate limits for all parties entering the contract. This is done by performing in depth market research and analyzing the participant’s capacities to fulfill their promises. A good administrator can detect red flags even before a contract starts. The best limits are set by working together with the management of both parties and reaching a common denominator.

Drafting legally binding documents

Most successful applicants to this job are able to draft contracts following strict legal requirements, including all necessary information and creating documents that protect each party and are hard to attack in court. This calls for in depth knowledge of legal provisions, experience and even attending law school. All clauses must be agreed upon by parties at the moment of signing the contract and should refer to laws that are en force. In the case of changes either in the contractual obligations or even the law, the part of the contract that refers to the changed items must be updated immediately to avoid the whole agreement becoming null.

Contracts Administrators Resume Samples

The following resume samples and templates for contracts administrator can help you get a better idea of what your resume can look like.

 

When applying to a contracts administrator job, make sure you match your skills with the requirements of the job description in terms of experience and qualifications.

Additional Contracts Administrators Resume Tips

  • Coaching and development – The contract administrator will supervise the work of junior assistant buyers and other interns and make sure they follow strictly the paperwork requirements. This is a mentoring role for younger employees just learning the delicate aspects of contract drafting.
  • Analytical and management skills – Excellent contractual terms can only be set with a comprehensive perspective and taking into consideration a wide range of factors to make sure the companies entering the agreement can satisfy it.

 

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