A Fixed Asset Manager is responsible for overseeing an organization's fixed assets, ensuring accurate record-keeping, compliance, and optimal utilization. This role entails managing the acquisition, tracking, depreciation, and disposal of assets, while also conducting regular audits and reconciliations. By implementing effective asset management strategies, the Fixed Asset Manager helps maximize the value and lifespan of physical assets, supporting the company's financial health and operational efficiency. This position often collaborates with finance, procurement, and operations teams to maintain precise asset documentation and reporting.
The Fixed Asset Manager is tasked with developing and implementing comprehensive asset management programs that encompass the full lifecycle of fixed assets. This includes the planning and coordination of asset acquisitions, ensuring compliance with procurement policies, and maintaining detailed records of asset purchases. They monitor the allocation and utilization of assets across different departments, ensuring that all assets are properly tagged, logged, and tracked in the asset management system. Regular audits and physical verifications are conducted to confirm the accuracy of the asset records, addressing any discrepancies promptly. Moreover, the Fixed Asset Manager assesses asset conditions and makes recommendations for maintenance, upgrades, or replacements to enhance operational efficiency and longevity.
In addition to managing the acquisition process, the Fixed Asset Manager is responsible for overseeing the financial aspects of asset management, such as calculating and recording depreciation, preparing asset-related financial reports, and ensuring compliance with relevant accounting standards. They play a crucial role in the budgeting process by providing accurate valuations and forecasts of asset-related expenses. When assets reach the end of their useful life, the Fixed Asset Manager coordinates their disposal in accordance with company policies and environmental regulations, ensuring that all disposals are properly documented. Collaboration with various departments, such as finance, procurement, and operations, is essential to maintain an up-to-date and accurate fixed asset registry, enabling the organization to make informed decisions about asset utilization and investment.
Do you want to find amazing talent?
See how we can help you find a perfect match in only 20 days.
You can secure high-quality South American talent in just 20 days and for around $9,000 USD per year.
Start Hiring For Free
