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Contract Manager Jobs in Racine, WI (NOW HIRING)

Bear Real Estate Group

Asset Manager

Kenosha, WI · On-site

Evaluate management company performance and recommend contract renewals, corrective action plans, or management transitions when appropriate. Affordable Housing Compliance * Review results of ...

Bear Real Estate Group

Asset Manager

Milwaukee, WI · On-site

Evaluate management company performance and recommend contract renewals, corrective action plans, or management transitions when appropriate. Affordable Housing Compliance * Review results of ...

Kiongroup

Senior Project Manager

Wauwatosa, WI

$82K - $166K/yr

Lead Contract Review meetings during project kickoff. * Review, interpret, and manage contracts and postsales changes in partnership with Contract Management. * Ensure smooth handover to Customer ...

Kiongroup

Senior Project Manager

Wauwatosa, WI · On-site

$121K - $151K/yr

Lead Contract Review meetings during project kickoff. * Review, interpret, and manage contracts and postsales changes in partnership with Contract Management. * Ensure smooth handover to Customer ...

Kiongroup

Senior Project Manager

Wauwatosa, WI

$82K - $166K/yr

Lead Contract Review meetings during project kickoff. * Review, interpret, and manage contracts and postsales changes in partnership with Contract Management. * Ensure smooth handover to Customer ...

Kiongroup

Senior Project Manager

Wauwatosa, WI · On-site

$121K - $151K/yr

Lead Contract Review meetings during project kickoff. * Review, interpret, and manage contracts and postsales changes in partnership with Contract Management. * Ensure smooth handover to Customer ...

Kiongroup

Project Manager

Wauwatosa, WI

$88K - $125K/yr

Negotiate contracts and agreements with vendors and suppliers, ensuring favorable terms and conditions. * Manage vendor performance, monitoring adherence to contractual obligations and resolving any ...

Kiongroup

Project Manager

Wauwatosa, WI

$88K - $125K/yr

Negotiate contracts and agreements with vendors and suppliers, ensuring favorable terms and conditions. * Manage vendor performance, monitoring adherence to contractual obligations and resolving any ...

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All JobsContract JobsContract Manager JobsContract Manager Jobs in Racine, WI

Contract Manager information

See Racine, WI salary details

$38.4K

$99.4K

$130.3K

How much do contract manager jobs pay per year?

As of Jul 14, 2026, the average yearly pay for contract manager in Racine, WI is $99,426.00, according to ZipRecruiter salary data. Most workers in this role earn between $83,500.00 and $111,600.00 per year, depending on experience, location, and employer.

What do contract managers do?

Contract managers oversee the creation, negotiation, and management of contracts between organizations and clients or vendors. They ensure compliance with contractual terms, mitigate risks, and handle disputes, often using contract management software. Strong negotiation, communication skills, and knowledge of legal and industry standards are essential for this role.

What is the difference between Contract Manager vs Contract Specialist?

AspectContract ManagerContract Specialist
CredentialsBachelor's degree, certifications like CPCM or NCMABachelor's degree, certifications like CPCM or NCMA
Work EnvironmentOversees multiple contracts, manages teams, strategic planningPrepares, reviews, and negotiates individual contracts, detailed work
Employer & Industry UsageUsed in government, construction, corporate sectorsCommon in government agencies, defense, and large corporations

The main difference is that Contract Managers oversee the entire contract process, manage teams, and handle strategic aspects, while Contract Specialists focus on preparing, reviewing, and negotiating individual contracts. Both roles require similar credentials and are used across various industries, but Contract Managers typically have broader responsibilities and a higher level of oversight.

What are some common challenges faced by Contract Managers and how can they be addressed?

Contract Managers often encounter challenges such as navigating complex legal language, managing tight deadlines, and ensuring compliance with both internal policies and external regulations. Effective communication and attention to detail are crucial when coordinating between legal, procurement, and operations teams. Building strong relationships with stakeholders and staying up-to-date with contract management software can help streamline processes and minimize risks. Proactively addressing issues and maintaining well-organized documentation also contribute to successful contract outcomes.

Is contract manager a stressful job?

Contract managers often face stress due to managing multiple contracts, meeting deadlines, and ensuring compliance with legal and organizational standards. The role requires strong negotiation, attention to detail, and the ability to handle complex negotiations, which can contribute to a high-pressure environment.

What is the role of a contract manager?

A contract manager oversees the creation, negotiation, and execution of contracts between organizations and clients or vendors. They ensure compliance with contractual terms, manage risks, and often use contract management software to track deadlines and obligations. Strong negotiation, communication, and legal knowledge are essential skills for this role.

What does a Contract Manager do?

A Contract Manager is responsible for overseeing the creation, negotiation, execution, and management of contracts within an organization. They ensure that all agreements comply with legal and company standards, mitigate risks, and protect the company's interests. Contract Managers work closely with legal, procurement, and project teams to ensure that contractual obligations are fulfilled and to resolve any disputes that may arise. Their role is crucial in maintaining strong business relationships and supporting organizational goals.

What Does a Contract Manager Do?

A contract manager draws up and reviews contracts for the purchase or sale of goods or services. In this career, you negotiate contracts with customers and vendors, ensuring that you get the best possible price on goods while adhering to all internal policies and financial goals, as well as complying with any local, state, and federal regulations and laws regarding contracts. In addition to negotiating and drawing up contracts, you are also responsible for documenting transactions and negotiations and consulting with other departments that are affected by the terms and conditions of your contracts.

What are the key skills and qualifications needed to thrive as a Contract Manager, and why are they important?

To thrive as a Contract Manager, you need a solid understanding of contract law, negotiation, and risk management, often supported by a degree in business, law, or a related field. Familiarity with contract management software, legal research tools, and compliance systems is typically required. Strong communication, attention to detail, and problem-solving skills help you navigate complex agreements and build positive stakeholder relationships. These abilities are essential for minimizing legal risks, ensuring compliance, and driving successful business outcomes.

What are the duties of a contract manager?

A contract manager oversees the creation, negotiation, and execution of contracts to ensure compliance with legal and organizational standards. They review terms, manage contract documentation, monitor performance, and resolve disputes, often using contract management software. Strong negotiation, communication, and attention to detail are essential skills for this role.

How much do contract managers get paid?

Contract managers typically earn a median annual salary between $70,000 and $120,000, depending on experience, industry, and location. Salaries can vary based on the complexity of contracts managed and certifications held, such as Certified Federal Contracts Manager (CFCM).
More about Contract Manager jobs
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What job categories do people searching Contract Manager jobs in Racine, WI look for? The top searched job categories for Contract Manager jobs in Racine, WI are:
What cities near Racine, WI are hiring for Contract Manager jobs? Cities near Racine, WI with the most Contract Manager job openings:
Contract Manager jobs near you
Asset Manager

Asset Manager

Bear Real Estate Group

Kenosha, WI • On-site

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 17 days ago

Job description

SUMMARY:

The Asset Manager serves as the Owner's representative for a portfolio of multifamily assets owned by Bear Real Estate Group, including Low-Income Housing Tax Credit (LIHTC), HUD Section 8, Project-Based Voucher (PBV), Rental Assistance Demonstration (RAD), and market-rate communities. The position is responsible for maximizing financial performance, physical condition, regulatory compliance, and long-term value of assigned assets.

Working closely with third-party management companies, ownership, lenders, investors, and government agencies, the Asset Manager provides strategic oversight of operating performance, capital planning, compliance, and investment objectives while ensuring each property meets established financial and operational expectations.

DUTIES AND RESPONSIBILITIES:

Financial Asset Management

  • Review monthly operating statements, rent rolls, occupancy reports, delinquency reports, and variance analyses.
  • Analyze operating performance compared to approved budgets and identify operational or financial risks including Net Operating Income (NOI), cash flow, and debt service coverage.
  • Review and recommend annual operating budgets and capital budgets submitted by third-party management companies.
  • Prepare quarterly asset management reports for ownership summarizing financial performance, compliance, capital projects, and operational risks.
  • Benchmark portfolio performance against internal goals and market comparables.
  • Identify opportunities to increase revenue, reduce expenses, and improve long-term asset value.
  • Oversee replacement reserve funding and reserve utilization.
  • Assist with lender reporting requirements and loan compliance and monitor debt covenant compliance and reserve requirements.
  • Coordinate annual reporting requested by lenders, investors, syndicators, and ownership.


Third-Party Management Oversight

  • Serve as the primary liaison between ownership and third-party management companies.
  • Establish performance expectations through scorecards and key performance indicators and conduct regular operational reviews with management companies.
  • Evaluate management company performance and recommend contract renewals, corrective action plans, or management transitions when appropriate.


Affordable Housing Compliance

  • Review results of Management and Occupancy Reviews (MORs), NSPIRE inspections, state agency audits, and contract administrator reviews.
  • Track timely completion of corrective action plans by management companies.
  • Monitor annual Section 8 Housing Assistance Payment (HAP) contract renewals impact on revenue and operating performance.
  • Analyze annual rent adjustments, utility allowance calculations, utility analyses, and OCAF increases against budget.
  • Incorporate compliance status and findings into performance and risk monitoring.


QUALIFICATIONS

  • Ability to work collaboratively and independently on multiple projects.
  • Excellent interpersonal, written, and oral communication skills.
  • Ability to solve practical and complex problems by utilizing internal and external resources.
  • Advanced skills in Microsoft Excel and Real Page Asset Investment Management, Power Business Intelligence, or Revenue Management is a plus.
  • Bachelor’s degree in business, finance, real estate, or related field.
  • 5+ years of experience in multifamily housing, with specific experience in LIHTC and HUD multifamily housing asset management.
  • Knowledge of HUD 4350.3, RAD PBRA/PBV, Section 8 programs, MORs, NSPIRE inspections, and HUD contract management (HAP/CHAP, rent adjustments, OCAF).
  • Experience overseeing or working with third-party management companies.
  • Strong financial analysis, reporting, and communication skills.
  • COS, HCCP, CPM, BOMS or similar industry certifications preferred.


WHAT YOU’LL LOVE ABOUT WORKING HERE:

  • Invest in Your Future: 401(k) with company match, plus annual merit-based increases
  • Prioritize Your Health: Comprehensive medical, dental, vision, life insurance, Long-Term Disability, and FSA and HSA options.
  • Recharge and Renew: Generous paid time off and 8+ paid holidays.
  • Voluntary Benefits: Short Term Disability, Accident, Critical Illness, and Hospital Indemnity.
  • Keep Growing: Ongoing education, leadership training, and advancement opportunities across all departments.
  • Celebrate Together: Annual employee appreciation events, team outings, and company-wide recognition programs.
  • Make an Impact: Contribute to meaningful projects that shape neighborhoods and improve lives.
  • Be Rewarded: Eligible for performance-based bonuses.


The above is intended to describe the general content of and requirements for the performance of this job. It is not to be construed as an exhaustive statement of duties, responsibilities or physical requirements. Nothing in this job description restricts management’s right to assign or reassign duties and responsibilities to this job at any time. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Bear Real Estate Group is proud to be an Equal Employment Opportunity and Affirmative Action employer. We do not discriminate based upon race, religion, color, national origin, gender (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity, gender expression, age, status as a protected veteran, status as an individual with a disability, or other applicable legally protected characteristics.