Asset Manager

The Asset Manager uses sound judgment and experience to make used and rental equipment purchasing decisions. He/She works with leadership, external vendors, including leasing companies, dealers, and bankers, to build strong business relationships. He/She managers used and rental equipment physical and general ledger inventory, tracking asset locations, establishing book values, approving invoices, and setting sale pricing. This role has no direct reports.

ESSENTIAL FUNCTIONS

· Completes purchase and set up of all used and rental equipment inventory, utilizing established internal processes.

· Assists management in training, coaching, and developing team members.

· Maintains excellent public relations through business relationships, working effectively and efficiently with banks, leasing companies, dealers, and other vendors; develops new relationships while maintaining those already established.

· Partners with multiple auction companies, including online auctions, to turn inventory and unload assets with management’s guidance.

· Updates leadership weekly, assists in providing status reports of deals in process and used and rental equipment trends to forecast, project plan, and budget.

· Communicates regularly with accounting department to ensure proper account documents are received to set up vendors.

· Maintains regular and effective communication with the management team to resolve and troubleshoot issues as quickly as possible.

· When needed, assist in processing inbound/outbound freight requests, as well as internal freight transfers, collaborating with transportation team when necessary to arrange interbranch asset transfers.

· Understands products, market competition, and how to position products to overcome challenges to meet sales targets.

· Identify internal process improvements, making recommendations and driving solutions.

· Develops and implements used and rental equipment purchase order system to manage trade ins and transfers, establishing a formal process for sales representatives.

· Manages used and rental equipment intake process; ensures purchases arrive timely after payment, condition reports are being conducted.

· Makes recommendations to leadership regarding aging inventory to ensure equipment turnover goals are being met.

· Manage the execution scrapping/recycling of used and rental equipment, which includes order completion and freight arrangement.

· Sources needed equipment based on feedback from sales teams (wholesale & retail).

· Prepares and submits asset and/or ad hoc reports to management as requested.