Contract Executive
What's it like to be a Contract Executive?
A Contract Executive assists the Contract Manager in the preparation and execution of contracts, and monitors the costs of projects. As handlers of contracts for an organisation, they are expected to ensure that contracts are accurate and cost-efficient. Contract Executives may work in various industries, including construction and real estate. Contract Executives must have strong communication and negotiation skills as they work closely with multiple partners, internally and externally. They should also be familiar with report and contract generation as most of their daily work revolves around these.
Tasks and duties
- Assisting in contract preparations, project estimates, and controlling costs.
- Negotiating with external partners such as subcontractors if needed.
- Evaluating bids or proposals from contractors and suppliers.
- Preparing projections and reports such as project tenders, costings, budgets, and estimates.
- Coordinating with suppliers to ensure supplies and equipment are delivered on time.
- Monitoring contracts and ensuring they are updated if the contract is complete, or needs an extension or amendment.
- Participating in progress meetings as needed.
How to become a Contract Executive
Contract Executives usually hold a degree in a relevant field, such as business, real estate, or construction management. Some experience working in the industry may be an advantage.
Graduate with a degree in engineering, construction management, or a related course.
Apply for internships or entry-level roles in your chosen industry.
Search and apply for Contract Executive roles.
After spending a few years in a Contract Executive role, explore moving up to a Contract Manager position.
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