The responsibilities of a contract management specialist include ensuring contract compliance of vendors or other partners. They often negotiate terms with a supplier and draw up an agreement that satisfies all stakeholders. Other duties of a contract management specialist are to track accounts, manage relationships with other agencies, and deal directly with customers on behalf of the administration. They must stay current with contract law and any regulations that may dictate operations. Qualifications for a contact management specialist typically include a bachelor’s degree in finance, accounting, or a related field. Many employers prefer candidates with experience or a license to practice contract law.