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Contract Manager Jobs in Rio Rancho, NM (NOW HIRING)

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Contract Manager information

See Rio Rancho, NM salary details

$38.6K

$99.7K

$130.7K

How much do contract manager jobs pay per year?

As of Aug 5, 2026, the average yearly pay for contract manager in Rio Rancho, NM is $99,736.00, according to ZipRecruiter salary data. Most workers in this role earn between $83,700.00 and $111,900.00 per year, depending on experience, location, and employer.

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.

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.

How much do contract managers get paid?

Contract managers typically earn a median annual salary of around $70,000 to $120,000, depending on experience, industry, and location. Senior contract managers or those in specialized fields can earn higher salaries, often supplemented with certifications like CPCM or CPM. Compensation may also include bonuses and benefits based on company size and scope of responsibilities.
More about Contract Manager jobs
What are the most commonly searched types of Manager jobs in Rio Rancho, NM? The most popular types of Manager jobs in Rio Rancho, NM are:
What job categories do people searching Contract Manager jobs in Rio Rancho, NM look for? The top searched job categories for Contract Manager jobs in Rio Rancho, NM are:
What cities near Rio Rancho, NM are hiring for Contract Manager jobs? Cities near Rio Rancho, NM with the most Contract Manager job openings:
Contract Manager jobs near you
Infographic showing various Contract Manager job openings in Rio Rancho, NM as of July 2026, with employment types broken down into 88% Full Time, 6% Part Time, and 6% Contract. Highlights an 63% In-person, 6% Hybrid, and 31% Remote job distribution, with an average salary of $99,736 per year, or $48 per hour.

Contract Specialist II

Chenega Professional & Technical Services

Albuquerque, NM • On-site

$74K/yr

Full-time

Posted 26 days ago

Job description

Summary

Come join a company that strives for Extraordinary People and Exceptional Performance! Chenega Professional & Technical Services LLC, a Chenega Professional Services’ company, is looking for a Contracts Specialist II to provide acquisition support services to the Office of Acquisition Management (OAM) and Management and Budget (MB) within the Department of Energy’s (DOE) National Nuclear Security Administration (NNSA).  The Contracts Specialist II will provide assistance to NNSA on contract closeout procedures, cost-type contract closeout procedures, and by performing various contract administration support functions.

Our company offers employees the opportunity to join a team where there is a robust employee benefits program, management engagement, quality leadership, an atmosphere of teamwork, recognition for performance, and promotion opportunities. We actively strive to channel our highly engaged employee’s knowledge, critical thinking, innovative solutions for our clients.


Responsibilities
  • Receive and upload into automated systems contract information.
  • Close all types of contracts and prepare the closeout file accordingly.
  • Contact contractors as needed to obtain required documentation.
  • Fill out a completion checklist to track and document closeout actions.
  • Review documents submitted by contractors for accuracy and completeness.
  • Obtain required scientific and technical reports.
  • Prepare modifications to de-obligate excess funds, and/or close out the contracts.
  • Record the closeout, update all systems with retired date and distribute finalized documentation to appropriate offices.
  • Submit all files of a closed instrument to the appropriate entity for Records Inventory Disposition Schedule (RIDS).
  • When required, request audit information from the Defense Contract Audit Agency (DCAA) or from NNSA and reconcile audit information.
  • Provide cost/price analysis as needed. Such support includes, but is not limited to the following:
    • Knowledge of cost and/or price analysis techniques to evaluate final contract pricing.
    • Knowledge of cost and/or price analysis techniques in negotiating final invoice costs or expired cost-type contracts.

Qualifications
  • Minimum of a high school diploma.
  • Minimum of three (3) years contracting with experience in general contract closeout procedures and cost-type contract closeout procedures.
  • Must have experience in contract administration functions to include various types of contract modifications.
  • A Bachelor’s Degree can be substituted for 2 years of experience combined with 1 year of on-the-job experience to meet the minimum qualification of 3 years (total) contracting experience. 

Knowledge, Skills, and Abilities:

  • Working knowledge of the Federal Acquisition Regulation (FAR) and Department of Energy Acquisition Regulation (DEAR)
  • Ability to communicate effectively orally and in writing.
  • Demonstrated experience in maintaining good rapport and discretion in communicating with vendors, contractors, universities, non-profits, or other organizations.
  • Must possess knowledge of general procedures for contract award, management, and closeout.
  • Skilled at using Microsoft Word, Excel, PowerPoint, Outlook Mail, Microsoft Edge, and Adobe Acrobat. 

Estimated Salary/Wage
USD $74,000.00/Yr. Up to USD $80,000.00/Yr.

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