Asset Management Specialist
1 day ago
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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