IT Contracts Manager creates, writes, negotiates and reviews hardware or software licensing contracts. Works with the Business Development team in establishing agreements that reflect the interests of partners and the company. Being an IT Contracts Manager also works with legal counsel when drafting licensing agreements. Ensures contract performance and rewrites or amends as necessary. Additionally, IT Contracts Manager requires a bachelor's degree. Must have a solid understanding of web technology. Typically reports to a head of a unit/department. The IT Contracts Manager manages subordinate staff in the day-to-day performance of their jobs. True first level manager. Ensures that project/department milestones/goals are met and adhering to approved budgets. Has full authority for personnel actions. Extensive knowledge of department processes. To be an IT Contracts Manager typically requires 5 years experience in the related area as an individual contributor. 1 to 3 years supervisory experience may be required. (Copyright 2024 Salary.com)
Technical Account Manager
Job Purpose: The purpose of this role is to manage approximately 90 of our smallest clients, with monthly recurring revenue of about $1,500 or less. Managing an account involves a few key outcomes:
Position Metrics / KPIs:
Key Competencies:
Compensation: $50,000 base salary bonuses profit sharing benefits. Total comp expected to be $60,000
Bonus Structure: Bonuses are based your personal contribution of OTR sales (one time revenue) as well as for overall MRR growth (retention, new client MRR / upticks) of existing accounts you manage.
Project Revenue Bonus on Personal Sales:
$50,000 per quarter - $0 Bonus (QUOTA)
$60,000 per quarter - $1,000 Bonus
$75,000 per quarter - $2,000 Bonus
$90,000 per quarter - $3,000 Bonus
MRR Bonus (based upon MRR growth for accounts you manage):
$2,000 per quarter QUOTA = no bonus
Red Goal: $3,000 per quarter = $1,500 Bonus
Yellow Goal: $4,000 per quarter = $2,000 Bonus
Green Goal: $5,000 Per quarter = $2,500 Bonus
Bonus Structure would allow for $74,000 annual total comp with estimate profit sharing of $500 per quarter
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