Head of Asset Management

SUMMARY:
The Head of Asset Management is responsible for developing and implementing asset management strategies, policies, and systems that align with organizational objectives.

POSITION INFO:

1. Strategic Leadership

• Develop and lead the organization’s asset management strategy.
• Align asset management plans with business goals and regulatory frameworks.
• Lead lifecycle planning (acquisition, operation, maintenance, and disposal).
• Promote a culture of proactive asset care.
• Team scheduling and resource planning.
• Service level agreements (SLAs) in relation to contracted services, ensuring the SLAs are achieved.
• Manage technicians and action teams to site, providing guidance, testing, engineering, and contractually.

2. Engineering Integration

• Apply engineering principles (mechanical, civil, electrical, etc.) to evaluate and improve asset performance.
• Ensure engineering standards are integrated into asset management systems and maintained.
• Lead root cause analysis and continuous improvement initiatives for failures or underperformance.
• Manage technicians and action teams to site, providing guidance on testing, engineering, cleaning, and contractually.

3. Asset Lifecycle Management

• Define processes for asset acquisition, maintenance, inspection, and decommissioning.
• Oversee asset condition monitoring and health assessment.
• Ensure capital investment decisions are informed by lifecycle cost analysis.

4. Risk and Compliance

• Ensure compliance with health, safety, environmental, and industry regulations.
• Develop risk-based maintenance and replacement strategies.

5. Data and Technology

• Champion the use of Asset Management Systems (Internal Company Systems – CRM).
• Utilize data analytics, IoT, and predictive maintenance tools.
• Oversee asset data governance and ensure accuracy for decision-making.

6. Team and Stakeholder Leadership

• Lead and mentor multidisciplinary engineering and asset management teams.
• Collaborate with finance, operations, IT, and other departments.
• Report to executive leadership on asset performance and strategic initiatives.
• Responsible for all existing sites daily monitoring.
• Responsible for all existing site daily operations.
• Responsible for all existing site monthly reports.

7. Education

• Bachelor’s (Electrical, Civil, Project Management).
• Additional qualifications in Asset Management beneficial.

8. Experience

• 5+ years in asset management, engineering, or operations leadership.
• Proven track record in strategic planning and lifecycle asset management.

9. Skills

• Strong knowledge of engineering principles, maintenance, and reliability.
• Proficiency in asset management systems and tools.
• Excellent leadership, communication, and stakeholder management skills.

KPIs & Performance

• Asset availability and reliability.
• Maintenance cost optimization.
• Asset utilization rate.
• Compliance and audit scores.
• Return on Assets (ROA) and total lifecycle cost savings.
• Strong communicator.