ZipRecruiter

Log In

1

Contract Management Jobs in Elgin, IL (NOW HIRING)

LMK Recruiting Solutions

Contracts Manager

Chicago, IL

$91K - $122K/yr

Key Responsibilities Contract Management Review, draft, and negotiate all contract types, including government contracts (federal, state, local), commercial agreements, subcontracts, modifications ...

Regal Rexnord

Contract Specialist

Rosemont, IL · On-site

$90K - $120K/yr

Reporting to the Associate General Counsel, Strategic Sourcing & Sustainability, the role is responsible for managing and supporting the contract lifecycle in alignment with organizational policies ...

Jupiter Power

Contracts Manager

Chicago, IL · On-site

$100 - $130/hr

Providing training and guidance to team members and other departments on contract management and policies. * Maintain and update contract forms. * Communicate and present information to stakeholders ...

next page

Showing results 1-20

All JobsContract Management JobsContract Management Jobs in Elgin, IL

Contract Management information

See Elgin, IL salary details

$40.5K

$104.8K

$137.4K

How much do contract management jobs pay per year?

As of Aug 20, 2026, the average yearly pay for contract management in Elgin, IL is $104,816.00, according to ZipRecruiter salary data. Most workers in this role earn between $88,000.00 and $117,600.00 per year, depending on experience, location, and employer.

What is contract management?

Contract management is the process of creating, executing, and monitoring agreements between parties to ensure all terms are met throughout the contract's lifecycle. It involves drafting, negotiating, and reviewing contracts, as well as tracking deadlines, compliance, and obligations. Effective contract management helps organizations reduce risks, maintain good business relationships, and maximize the value of their agreements. Professionals in this field often use specialized software and collaborate closely with legal, procurement, and business teams.

What are the key skills and qualifications needed to thrive in contract management, and why are they important?

To thrive in Contract Management, you need a solid understanding of contract law, risk assessment, and negotiation, typically supported by a degree in business, law, or a related field. Familiarity with contract lifecycle management (CLM) software, compliance tools, and knowledge of relevant regulations is essential. Strong attention to detail, problem-solving abilities, and effective communication skills set top professionals apart. These skills ensure contracts are accurately managed, risks are minimized, and organizational interests are protected throughout the contract process.

What are some common challenges faced in a contract management role, and how can they be effectively addressed?

Professionals in Contract Management often encounter challenges such as managing high volumes of contracts, ensuring compliance with regulations, and coordinating with multiple stakeholders across departments. Staying organized through robust contract management software and clear documentation helps in tracking deadlines and obligations. Regular communication and collaboration with legal, procurement, and business teams are essential to address discrepancies and mitigate risks. Proactively identifying potential issues, such as ambiguous contract terms or changes in regulations, also plays a big role in effective contract management.

What is the difference between Contract Management vs Contract Administration?

AspectContract ManagementContract Administration
Primary FocusOverseeing entire contract lifecycle, including negotiations, compliance, and performanceExecuting and managing day-to-day contract tasks, such as document handling and renewals
Skills & CertificationsLegal knowledge, negotiation skills, contract management software proficiencyAttention to detail, document management, communication skills
Work EnvironmentStrategic, cross-departmental, often involves leadership rolesOperational, administrative, often within procurement or legal teams

Contract Management involves strategic oversight of the entire contract lifecycle, ensuring compliance and performance, while Contract Administration focuses on the day-to-day execution and management of contract details. Both roles require similar skills but differ in scope and responsibilities.

Is contract management a good career?

Contract management is a viable career that involves overseeing agreements between organizations, requiring skills in negotiation, legal understanding, and attention to detail. It offers opportunities in various industries, often with roles that require certifications like Certified Commercial Contracts Manager (CCCM) and a typical work environment that includes office and remote work. The profession can provide stable employment and advancement potential for those with strong organizational and communication skills.

What qualifications do I need to be a contract management?

Contract managers typically need a bachelor's degree in business, law, or a related field, along with strong negotiation, communication, and organizational skills. Professional certifications such as Certified Commercial Contracts Manager (CCCM) or Certified Professional Contracts Manager (CPCM) can enhance job prospects. Experience in contract administration or legal environments is also valuable.

What are the most commonly searched types of Management jobs in Elgin, IL?

The most popular types of Management jobs in Elgin, IL are:

What cities near Elgin, IL are hiring for Contract Management jobs?

Cities near Elgin, IL with the most Contract Management job openings:

Contract Management jobs near you
Infographic showing various Contract Management job openings in Elgin, IL as of August 2026, with employment types broken down into 1% As Needed, 80% Full Time, 17% Part Time, and 2% Contract. Highlights an 84% Physical, 3% Hybrid, and 13% Remote job distribution, with an average salary of $104,816 per year, or $50.4 per hour.

Contracts Manager

LMK Recruiting Solutions

Chicago, IL

$91K - $122K/yr

Full-time

Re-posted 6 days ago

Job description

About the Role

The Contracts Manager is a strategic, detail-oriented role responsible for managing the full

lifecycle of all contract types across our complex, multi-brand portfolio. In this role, you will own

contract development, review, negotiation, and administration across commercial agreements,

vendor relationships, service agreements, and government contracts, serving as the primary

steward of contractual compliance and risk mitigation. Reporting directly to the CFO, you will

partner closely with business development, finance, operations, and legal teams to ensure our

agreements enable business success, protect company interests, and meet all regulatory

requirements. This position is ideal for someone analytical, proactive, and thorough, someone

who takes pride in creating contractual frameworks that enable scalable, compliant growth.

Key Responsibilities

Contract Management

Review, draft, and negotiate all contract types, including government contracts (federal,

state, local), commercial agreements, subcontracts, modifications, amendments, and

NDAs.

Monitor contract performance and ensure adherence to contractual requirements,

delivery schedules, compliance obligations, and payment terms.

Maintain comprehensive contract files and documentation in accordance with company

policies, government regulations, internal controls, and best practices.

Establish and maintain a centralized contract management repository with tracking of

key dates, obligations, renewal triggers, and risk flags.

Compliance and Risk Mitigation

Ensure compliance with the Federal Acquisition Regulation (FAR), Defense Federal

Acquisition Regulation Supplement (DFARS), Cost Accounting Standards (CAS), and

other applicable laws and industry standards.

Advise leadership on contract risk areas including indemnification, limitation of liability, IP

ownership, and confidentiality; recommend mitigation strategies.

Support internal audits, DCAA/DCMA reviews, and other government oversight activities

by providing complete documentation and compliance certification.

Conduct regular contract audits and compliance assessments to identify gaps or

opportunities for improvement.

Proposal and Pricing Support

Partner with business development and finance teams on RFP/RFQ responses,

including contract terms analysis, cost/pricing proposal review, and negotiation strategy.

Analyze solicitation documents to identify critical requirements, compliance obligations,

regulatory constraints, and potential risks.

Develop contract-specific terms recommendations aligned with company risk tolerance,

margin targets, and regulatory obligations.

Cross-Functional Collaboration & Strategic Initiatives

Serve as the primary liaison between the company and government contracting officers,

prime contractors, commercial partners, and key vendors.

Work across operations, finance, legal, business development, and HR teams to resolve

contract issues and interpret obligations.

Recommend process improvements for contract management, compliance tracking, and

risk monitoring across the company.

Develop and maintain contract management policies, templates, and playbooks that

scale across our portfolio brands.

Qualifications

Education: Bachelor's degree in Business Administration, Contract Management, Legal

Studies, Finance, or a related field.

Experience: 5+ years of professional experience in government contract administration,

commercial contract management, or legal/compliance roles within a commercial setting.

Regulatory Knowledge: Demonstrated expertise with FAR, DFARS, CAS, and other

government procurement regulations.

Skills: Strong track record of commercial contract negotiation, risk management, and

compliance.

Attributes: Exceptional attention to detail, analytical rigor, strong ethical judgment, and

organizational capabilities.

Communication: Strong written and verbal communication skills, with the ability to

translate legal/regulatory concepts for internal stakeholders.

Systems: Proficiency in Microsoft Office, contract management systems (CLM), and

legal research tools preferred.

Adaptability: Ability to thrive independently in a fast-paced business environment and

navigate integration initiatives.