Contracts Manager Salary in South Africa

The average salary for a Contracts Manager in South Africa is R520,918.

10%

R171k

MEDIAN

R521k

90%

R1m

Salary

R171k - R1m

Bonus

R8k - R119k

Profit Sharing

R3k - R302k

Total Pay

R129k - R1m

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Job Description for Contracts Manager

Contracts managers can work in a variety of industries, including non-profit and government agencies. They act as the liaisons between companies and clients for contractual matters. Contracts managers can draft, evaluate and execute any type of contract that is negotiated between the business and client, such as short term, formal or annual contracts. They often work with the legal and/or finance department to monitor adherence and potential risks to the business or client. Contract managers a…Read more

Contracts Manager Tasks

Coordinate design of contract verbiage with other internal departments including Legal, Finance, and Product Development.
Act as the point of contact for both internal and external customers in regards to contractual issues.
Draft, negotiate, and implement new contracts, amendments, renewals, and terminations.
Maintain current contracts by updating demographics, fee schedules, and any service changes.

Popular Employer Salaries for Contracts Manager

Group Five Construction

R861k

Stefanutti Stocks

R1m

Unitrans

R420k

The top respondents for the job title Contracts Manager are from the companies Group Five Construction, Stefanutti Stocks and Unitrans. Reported salaries are highest at Stefanutti Stocks where the average pay is R1,000,000. Unitrans pays the lowest at around R420,000.

Contracts Manager Job Listings

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Popular Skills for Contracts Manager

Contract Management

R562,594

306 responses

Project Management

R549,571

190 responses

Microsoft Excel

R504,854

128 responses

Legal Compliance

R483,950

28 responses

Contract Negotiation

R663,131

25 responses

Skills in Contract Management, Project Management and Contract Negotiation are correlated to pay that is above average. Skills that pay less than market rate include Legal Compliance and Microsoft Excel.

Pay by Experience Level for Contracts Manager

An early career Contracts Manager with 1-4 years of experience earns an average total compensation (includes tips, bonus, and overtime pay) of R356,971 based on 113 salaries. A mid-career Contracts Manager with 5-9 years of experience earns an average total compensation of R492,741 based on 107 salaries. An experienced Contracts Manager with 10-19 years of experience earns an average total compensation of R689,983 based on 148 salaries. In their late career (20 years and higher), employees earn an average total compensation of R721,422.