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Contract Asset Manager Jobs in Delta, BC (NOW HIRING)

... contracts, and manages projects. * Manages operating and capital budgets for the Maintenance Department, assisting the Asset Manager with annual budgets and monitoring expenditures for best value.

Be the supporting contact to the Project Manager and General Contractor during construction phase ... Proficiency in AutoCAD is required and proficiency in Revit is an asset; * A valid Class 5 driver ...

Be the supporting contact to the Project Manager and General Contractor during construction phase ... Proficiency in AutoCAD is required and proficiency in Revit is an asset; * A valid Class 5 driver ...

Contracts Performance Lead

Surrey, BC · Hybrid

CA$97K - CA$114K/yr

Drive contract governance excellence and risk management by developing and enhancing centralized ... an asset. * Exceptional communication and relationship-building skills, with the ability to ...

Overview / Responsibilities Wood is currently seeking a strong professional Contract Recruiter to ... asset * Proficient in utilizing an Applicant Tracking System for sourcing, tracking and managing ...

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Contract Asset Manager information

What is a contract asset manager?

A Contract Asset Manager is a professional responsible for overseeing and managing the assets and obligations associated with contracts within an organization. They ensure that all contractual assets, such as revenue and deliverables, are tracked, reported, and optimized throughout the contract lifecycle. Their duties often include monitoring compliance, mitigating risks, and maximizing value from contractual agreements. This role is common in industries like construction, energy, and technology, where large, complex contracts are frequent.

What are the key skills and qualifications needed to thrive as a contract asset manager?

To excel as a Contract Asset Manager, you need a background in contract management, asset lifecycle oversight, and a relevant degree such as business, finance, or supply chain management. Familiarity with contract management software, ERP systems, and industry-standard certifications like Certified Professional Contract Manager (CPCM) are often required. Strong analytical thinking, negotiation skills, and attention to detail are crucial soft skills in this role. These abilities ensure effective management of assets and contracts, mitigate risks, and maximize organizational value.

What are some common challenges faced by contract asset managers in maintaining compliance with contractual obligations?

Contract Asset Managers often face the challenge of ensuring that all assets under management comply with complex and evolving contractual terms. This requires meticulous attention to detail, regular communication with stakeholders, and proactive tracking of contract milestones or deliverables. Additionally, adapting to changes in regulations or client requirements can add complexity, making strong organizational and negotiation skills essential. Staying up to date with industry best practices and leveraging contract management software can help mitigate these challenges.

What is the difference between Contract Asset Manager vs Contract Asset Coordinator?

AspectContract Asset ManagerContract Asset Coordinator
CertificationsCPM, CMA, or equivalentTypically no advanced certifications required
Work EnvironmentManagement-level, strategic planning, overseeing assetsOperational support, administrative tasks
Employer & Industry UsageEnergy, manufacturing, infrastructure sectorsSimilar sectors, supporting asset management teams
Search & Comparison IntentUnderstanding managerial roles in asset managementEntry-level or support roles in asset management

The Contract Asset Manager generally holds a strategic, oversight role requiring certifications like CPM or CMA, focusing on managing and optimizing assets. The Contract Asset Coordinator supports these efforts through administrative and operational tasks. While both roles are vital in asset management, the manager has broader responsibilities and decision-making authority, whereas the coordinator handles day-to-day support activities.

Contract Management Specialist - Temporary 12 month contract

Ritchie Bros.

Burnaby, BC • On-site

Full-time

Posted 20 days ago


Ritchie Bros. Auctioneers rating

7.5

Company rating: 7.5 out of 10

Based on 26 frontline employees who took The Breakroom Quiz

5th of 19 rated auctioneers


Job description

Effectively and efficiently interfaces with internal and external customers. Serves as contact to Account Managers and others for customer agreement review, negotiation, and implementation. Work is extremely thorough and detail-oriented, as the job largely consists of reading through contracts and proposals line by line and transferring data to company programs.

RB Global (NYSE: RBA)

RB Global (NYSE: RBA) (TSX: RBA) is a leading, omnichannel marketplace that provides value-added insights, services and transaction solutions for buyers and sellers of commercial assets and vehicles worldwide. Through its auction sites in 13 countries and digital platform, RB Global serves customers in more than 170 countries across a variety of asset classes, including automotive, commercial transportation, construction, government surplus, lifting and material handling, energy, mining and agriculture.

The company's marketplace brands include Ritchie Bros., the world's largest auctioneer of commercial assets and vehicles offering online bidding, and IAA, a leading global digital marketplace connecting vehicle buyers and sellers. RB Global's portfolio of brands also includes Rouse Services, which provides a complete end-to-end asset management, data-driven intelligence and performance benchmarking system; SmartEquip, an innovative technology platform that supports customers' management of the equipment lifecycle and integrates parts procurement with both OEMs and dealers; Xcira, a leader in live simulcast auction technologies; and Veritread, an online marketplace for heavy haul transport.
  • 2 years of relevant contract-related work experience.
  • Technological knowledge of MS word, Excel, Outlook, Salesforce and contract management and/or loan application software.
  • Demonstrates excellent written and verbal communication skills.
  • Ability to manage multiple tasks and perform in high pressure situations to meet tight deadlines
  • Exhibits strong analytical and critical thinking abilities.
  • Displays exceptional time management skills.
  • Independent self-motivated and able to work with little supervision.
  • Possesses strong financial services knowledge
  • Displays excellent interpersonal skills and ability to build strong relationships
  • Communicates effectively and coordinates with all parties, internal and external, involved in the transaction.
  • Sets up new agreements using established processes that produce consistent, accurate contracts for review.
  • Refers negotiations with respect to contracts to the appropriate Account Manager and coordinates all addendums to existing contracts.
  • Accurate and timely completion of audits to existing contracts and generates documents and delivers documents to customers.
  • Audits existing contracts and oversees contract modifications and deficiencies to submit to our Lenders for funding.
  • Manages workflow on a priority basis with respect to status of contracts for management.
  • Participate & conduct in special projects and additional ad hoc duties as assigned.
  • Adheres to existing RBFS policies and procedures while identifying potential improvements to better manage risk.
  • May be called upon to provide training to new hires.
  • Perform other duties as assigned.

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