The average salary for a Senior Contract Administrator in Sydney, New South Wales is AU$120,000 per year. Most people with this job move on to other positions after 20 years in this field.
|Salary||AU$83,472 - AU$188,726|
|Total Pay (|
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).)
|AU$84,035 - AU$188,074|
Job Description for Senior Contract Administrator
A senior contract administrator is responsible for ensuring that all contracts produced for clients - as well as agreements and negotiating summary plans - meet federal, state and company standards. These administrators are also in charge of identifying needed changes in these documents and ensuring they are included. Senior contract administrators often oversee a team of other contract administrators, reviewing their work, providing guidance, and providing disciplinary action as needed. Additionally, these senior personnel must keep up with all state and federal regulations related to the type of contracts that the company handles.Read More...
Senior contract administrators typically work full time in an office setting, with some travel potentially required depending on the needs of the business. Typical employers for senior contract administrators include any companies that regularly handle contracts.
Companies typically require a minimum of a high school diploma or equivalent for senior contract administrators, but a bachelor's degree in a related field is often highly preferred. Employers also require experience with contracts and knowledge of relevant laws and regulations. Proficiency with basic computer programs, effective communication skills, and excellent time-management skills are also required for this position. (Copyright 2018 PayScale.com)
Senior Contract Administrator Tasks
- Draft, edit and verify contracts and their amendments, updating associated schedules.
- Research and document relevant laws, technical needs and other factors.
- Negotiate and update contracts, their rates and their terms with vendors.
- Interpret and explain contracts, their terms and their implications.
- Document terms, data and status of projects in associated systems.