Asset Management Specialist

Company Overview

Magnum Electric Inc is a leading electrical contracting company with over 35 years of experience powering diverse projects across multiple states. We pride ourselves on fostering a family-oriented environment where teamwork, safety, and professional growth are at the forefront of everything we do.

Position Overview

Magnum Electric is seeking a dependable, organized, and detail-oriented Asset Management Specialist to oversee the tracking, management, maintenance, and distribution of company assets, equipment, vehicles, and inventory.

This position is responsible for maintaining accurate asset records, managing the lifecycle of company assets, coordinating deliveries, and ensuring equipment and materials are properly accounted for, maintained, and available to support daily operations and project requirements.

The Asset Management Specialist will work closely with warehouse personnel, project managers, field employees, vendors, and management to ensure efficient asset utilization, accountability, and operational support.

Key Responsibilities

1. Asset Database Management

· Maintain and update the company's asset management database.

· Ensure accurate records of company-owned equipment, tools, vehicles, and inventory.

· Enter newly acquired assets into the database, including descriptions, serial numbers, identification numbers, locations, and assigned users.

· Track asset locations, assignments, conditions, and movement throughout their lifecycle.

· Perform regular database audits to identify and correct discrepancies.

· Generate asset reports and provide accurate information to management as needed.

2. Asset Management and Accountability

· Coordinate the loading and entry of newly acquired assets into the asset management system.

· Manage the issuing of tools, equipment, and other assets to employees, departments, and job sites.

· Document and track all asset assignments and ensure proper accountability.

· Coordinate asset transfers between employees, departments, warehouses, and job sites.

· Process asset retirements, disposals, and removals from active inventory in accordance with company procedures.

· Ensure assets are properly identified, documented, and accounted for throughout their lifecycle.

· Mark, label, and identify company assets using appropriate asset tags, labels, or identification methods.

3. Inventory Management

· Maintain accurate inventory records for tools, equipment, materials, and company supplies.

· Monitor inventory levels and identify items requiring replenishment.

· Conduct routine physical inventory counts and reconcile discrepancies.

· Organize and maintain inventory in designated storage areas.

· Track inventory movement, usage, assignments, and returns.

· Assist with inventory audits and reporting.

· Work with purchasing and warehouse personnel to maintain appropriate inventory levels.

4. Asset and Vehicle Maintenance

· Coordinate routine maintenance and repairs of company-owned assets, equipment, and vehicles.

· Maintain maintenance records, service schedules, and inspection documentation.

· Monitor vehicle and equipment conditions and communicate maintenance needs.

· Schedule preventative maintenance to minimize downtime and extend asset life.

· Track vehicle assignments, service history, registrations, and other applicable documentation.

· Coordinate with repair facilities, vendors, and internal personnel as needed.

· Ensure company vehicles and equipment are maintained in a safe, clean, and operational condition.

5. Deliveries and Transportation

· Coordinate and complete deliveries of materials, equipment, tools, and supplies to designated job sites and company locations.

· Ensure deliveries are accurate, complete, and made within established timelines.

· Load, unload, secure, and transport materials safely.

· Verify delivery orders, quantities, and materials before leaving the warehouse or supply location.

· Obtain delivery confirmations and communicate any discrepancies, delays, or issues.

· Maintain delivery vehicles in a clean, organized, and safe operating condition.

· Coordinate with warehouse personnel, project managers, field employees, and vendors regarding delivery schedules and requirements.

· Assist with picking up materials, equipment, and supplies from vendors as needed.

· Follow all company safety procedures and applicable transportation regulations.

Requirements and Qualifications

· Asset Management: Minimum of 2 years of asset management experience.

· Database Management: Minimum of 2 years of database management experience.

· Customer Service: Strong customer service skills with the ability to work professionally and effectively with employees, vendors, and customers.

· Multitasking: Ability to manage multiple responsibilities, prioritize competing demands, and meet deadlines in a fast-paced environment.

· Travel: Ability and willingness to travel up to 5% as needed.

· Strong organizational, administrative, and time-management skills.

· Proficiency with computers, spreadsheets, databases, and inventory management systems.

· Strong attention to detail and commitment to maintaining accurate records.

· Dependable, punctual, and able to work independently.

· Strong verbal and written communication skills.

· Ability to safely lift, load, and transport materials and equipment.

· Valid driver's license and acceptable driving record.

· Ability to work effectively with employees at all levels of the organization.

Desired Skills and Attributes

· Strong sense of ownership and accountability.

· Highly organized with an emphasis on accuracy and efficiency.

· Safety-conscious and proactive in identifying potential issues.

· Problem-solving skills and the ability to identify process improvements.

· Ability to establish and maintain consistent asset management procedures.

· Positive attitude and willingness to assist other departments.

· Team-oriented with a strong work ethic.

· Commitment to protecting and maintaining company assets.

About Magnum Electric Inc

Magnum Electric Inc is headquartered at 471 Christianson Dr W, West Fargo, ND 58078

Phone: 701-551-3240 | www.magnumelectric.net

Magnum Electric is an Equal Opportunity Employer. All applicants will be considered for employment without attention to race, color, religion, sex, sexual orientation, gender identity, national origin, veteran, or disability status.

Pay: $38.00 - $40.00 per hour

Expected hours: 50.0 – 55.0 per week

Benefits:

• 401(k) matching
• Dental insurance
• Employee assistance program
• Employee discount
• Health insurance
• Health savings account
• Life insurance
• Paid time off
• Professional development assistance
• Retirement plan
• Vision insurance

Experience:

• Asset management: 2 years (Required)
• Database management: 2 years (Required)

Work Location: In person

Salary : $38 - $40