What are the responsibilities and job description for the VP, Asset Management position at Warren CAT?
Position Summary
This V.P. will develop an overall asset strategy to maximize asset value throughout the lifecycle. This role is responsible for overseeing the lifecycle of rental equipment fleet assets, including acquisition, deployment, utilization, and disposal. This role ensures that the rental fleet is optimized for availability, reliability, and profitability while aligning with operational goals and safety standards.
Essential Functions
Reasonable accommodations may be made to enable individuals with disabilities to perform these essential functions.
Fleet Planning & Acquisition
Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities and activities may change at any time with or without notice.
Requirements are representative of minimum levels of knowledge, skills and/or abilities. To perform this job successfully, the employee must possess the abilities or aptitudes to perform each duty proficiently.
Major Projects - Cat Rental is an EEO/AA/Veterans/Disabled employer.
Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.
This V.P. will develop an overall asset strategy to maximize asset value throughout the lifecycle. This role is responsible for overseeing the lifecycle of rental equipment fleet assets, including acquisition, deployment, utilization, and disposal. This role ensures that the rental fleet is optimized for availability, reliability, and profitability while aligning with operational goals and safety standards.
Essential Functions
Reasonable accommodations may be made to enable individuals with disabilities to perform these essential functions.
Fleet Planning & Acquisition
- Collaborate with VP of Business Development and VP of Operations to forecast fleet needs based on major project prioritization, market demand and utilization trends.
- Manage the procurement process for new and used equipment and unplanned additions.
- Deploy the appropriate data analysis, AI, and ERP tools to build and manage a world class rental fleet.
- Maintain accurate records of fleet additions, transfers, and disposals.
- Manage and develop our relationship with Caterpillar and other vendors .
- Lead our monthly S & OP process
- Execute asset orders and receiving in all appropriate systems.
- Monitor fleet utilization and recommend redeployment, repositioning, or disposal strategies to maximize ROI.
- Develop strategies to optimize rental rates based on market trends and asset utilization to maximize financial returns.
- Prepare and analyze fleet performance reports, including utilization, cost per hour, and lifecycle metrics.
- Support budgeting and capital planning processes with data driven insights
- Prepare and provide weekly and monthly updates on fleet size and key updates to .
- Ensure compliance metrics are met through inventory process.
- Supervise Asset Analyst, providing guidance, coaching, performance reviews and performance management.
- Serve as a liaison between Rental Operations, Sales, Service, and Transportation teams.
- Communicate new fleet, updated rental rates, and any relevant information important to supporting frontline teams.
- Provide guidance to all areas of the business on fleet-related matters.
- Minimum 4- year degree.
- 5 years of experience in fleet or equipment management, preferably in the rental or construction industry.
- Strong understanding of heavy equipment specifications, applications, and maintenance.
- Proficiency in fleet management systems and Microsoft Office Suite.
- Database management skills pursuant to large asset fleet management.
- Excellent communication, organizational, and analytical skills.
- Standing, walking, talking, sitting, using hands & hearing.
- Sedentary work that primarily involves sitting/standing but may require occasionally lifting and/or moving up to 32 pounds.
- Ability to perform data entry, use of telephone, reading/writing, reasoning, organizational, communication & analytical skills.
- 1- 25%
- Remote or hybrid schedule
- Office environment primarily with some job site/yard visits
- Indoors/outdoors
- Paid Time Off (PTO) Plan
- Company Paid Holidays
- Medical, dental, and vision insurance
- 401K Savings Plan
Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities and activities may change at any time with or without notice.
Requirements are representative of minimum levels of knowledge, skills and/or abilities. To perform this job successfully, the employee must possess the abilities or aptitudes to perform each duty proficiently.
Major Projects - Cat Rental is an EEO/AA/Veterans/Disabled employer.
Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.