Asset Management Specialist

1 day ago

bangalore, India Klug Avalon Mechatronics Private Limited Full time

Asset & Material Executive Key Responsibilities 1. Fixed Asset Management Maintain and update the Fixed Asset Register (FAR) in Excel and ERP/SAP B1/Tally. Ensure accurate tagging, coding, and tracking of all company assets. Record asset additions, capitalization, transfers, and disposals. Maintain asset-related documents such as purchase bills, GRNs, warranty cards, AMC details. Support internal, statutory, and ISO audits related to fixed assets. Track depreciation and prepare periodic asset status reports. Coordinate with departments for asset allocation, maintenance, and movement. 2. Asset Verification & Control Conduct periodic physical verification of assets across all departments. Reconcile physical assets with books and report discrepancies. Identify missing, obsolete, or non-functional assets and support scrap/ disposal process. Maintain records of scrap, write-off proposals, and approval documentation. 3. Material & Inventory Management Verify quantity against PO, invoices, and delivery challans. Verify minimum, maximum, and reorder stock levels. Track material consumption, returns, and inter-department transfers. Conduct daily, weekly, and monthly stock reconciliation. Prepare stock reports: daily stock, slow-moving, non-moving, short/excess reports. 4. Documentation & Compliance Maintain stock registers, GRN files, asset movement records, and verification reports. Support audits (internal, ISO, statutory) related to asset and material management. Ensure strict compliance with company SOPs, finance policies, and material control norms. Coordinate with purchase, finance, production, maintenance, and admin teams. 5. Reporting & Coordination Prepare reports on asset position, stock levels, consumption, depreciation, and variances. Assist finance with stock valuation, consumption entries, and ledger reconciliation. Highlight shortages, overstocking, or material inconsistencies to management. Support budgeting, capital expenditure tracking, and cost control activities. Qualifications Graduate / MBA in Commerce, Finance. 3–5 years of experience in fixed asset management, inventory, or material management. Skills Required Strong knowledge of asset management, stock handling, and documentation. Good knowledge of MS Excel. Working experience in SAP B1,Tally (Fixed Asset & Inventory Modules). Understanding of GRN, FIFO/FEFO, depreciation, and stock reconciliation. Strong communication, coordination, and analytical skills. If you’re interested, please share your CV with

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