Asset Management Officer

Responsibilities:

Asset Procurement and Acquisition:

• Coordinate with procurement and finance teams to identify asset requirements and initiate procurement processes.
• Evaluate suppliers/vendors negotiate pricing and terms and facilitate the purchase of assets in accordance with organizational needs and budgetary constraints.
• Ensure compliance with procurement policies procedures and regulatory requirements during asset acquisition.

Asset Inventory Management:

• Maintain accurate records of all organizational assets including details such as location condition depreciation and ownership.
• Conduct regular physical audits and inspections to verify the existence and condition of assets reconciling physical counts with system records.
• Implement asset tagging and tracking systems to enhance visibility and control over asset inventory.

Asset Utilization and Maintenance:

• Monitor the utilization and performance of assets to identify opportunities for optimization and efficiency improvements.
• Develop and implement preventive maintenance schedules and procedures to prolong asset lifespan and minimize downtime.
• Coordinate with maintenance teams and external service providers to ensure timely repairs and servicing of assets.

Asset Disposal and Retirement:

• Develop and execute asset disposal strategies in compliance with organizational policies regulatory requirements and environmental standards.
• Evaluate and prioritize assets for disposal based on factors such as age condition and obsolescence.
• Coordinate the sale donation or recycling of retired assets ensuring proper documentation and asset retirement accounting.

Risk Management and Compliance:

• Identify and mitigate risks associated with Asset Management such as theft loss damage or noncompliance.
• Ensure adherence to relevant regulations standards and industry best practices governing Asset Management activities.
• Implement internal controls and procedures to safeguard assets and mitigate potential liabilities.

Qualifications:

• Bachelors degree in Business Administration Finance Accounting or related field.
• Minimum 4 years of experience in Asset Management inventory control or related roles.
• Knowledge of Asset Management principles practices and methodologies.
• Familiarity with Asset Management software and systems for inventory tracking and maintenance scheduling.
• Strong analytical skills and attention to detail with the ability to interpret financial and operational data.
• Excellent communication and interpersonal skills with the ability to collaborate crossfunctionally and interact with stakeholders at all levels.
• Certification in Asset Management (e.g. Certified Asset Management Professional) is a plus.

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