Asset Management Manager at a Group of Companies - Fadac Resources and Services Limited

Fadac Resources and Services Limited - Our client is a group of companies that operate in the oil and gas sector, shipping, and other sectors in Nigeria.

Due to expansion, they are recruiting to fill the position below:

Job Title: Asset Management Manager

Location: Lagos
Employment Type: Full-time

Job Description

• The Asset Manager will be responsible for ensuring assets are properly recorded, tagged, insured, maintained, and efficiently utilized.
• This role will collaborate with Procurement, Finance, Logistics, Legal, and external partners to ensure optimal asset performance from acquisition through disposal, while ensuring compliance with regulatory and internal standards.

Responsibilities

• Take custody of assets immediately after procurement and ensure proper documentation, tagging, classification, and registration.
• Collaborate with Procurement to verify asset specifications, warranties, and delivery conditions.
• Maintain a centralized and continuously updated asset register, categorized by type, location, and assigned department.
• Support inventory control teams in differentiating between fixed assets and operational inventory.
• Develop and implement preventive maintenance schedules for trucks, tractors, generators, and other critical equipment.
• Work with the Logistics team to track fuel usage, service records, and component replacements.
• Provide data and insights on asset condition and lifecycle to inform CAPEX and replacement planning.
• Assist the Finance team with depreciation tracking and forecasting of asset renewal needs.
• Identify underutilized or aging assets and make recommendations for redeployment or disposal.
• Ensure all insurable assets are covered under appropriate policies, with timely renewals and premium tracking.
• Support insurance claims with necessary documentation, incident reports, and asset records.
• Work with Security and Admin to implement asset tracking systems, surveillance coverage, and loss prevention controls.
• Track payment schedules and manage renewal, renegotiation, and documentation of lease-related activities.
• Maintain up-to-date property documentation, including title deeds, permits, and zoning compliance.
• Identify obsolete, idle, or non-performing assets through regular assessments.
• Coordinate the repair, reassignment, or disposal of such assets in accordance with company policy and regulations.
• Liaise with government agencies to process registrations, permits, and renewals.
• Support audit processes by providing up-to-date and accurate asset data.
• Collaborate with the IT team to maintain records of laptops, software licenses, accessories, and digital tools.
• Oversee IT asset lifecycle from procurement to secure disposal or reassignment.
• Recommend sustainable alternatives for aging or inefficient assets (e.g., solar solutions, low-emission vehicles).
• Maintain a disaster recovery asset plan including emergency equipment and backup systems.
• Work cross-functionally with department heads to ensure seamless asset deployment and integration into operations.
• Train staff on asset handling protocols, usage policies, and handover procedures.

Requirements

• Bachelor’s Degree in accounting, Business Administration, Logistics, Engineering, or a related field.
• 4 – 7 years of proven experience in asset management, logistics, facilities management, or inventory control.
• Strong knowledge of asset accounting, tagging, lifecycle tracking, and compliance standards.
• Hands-on experience managing a diverse portfolio of physical assets including vehicles, properties, and IT equipment.
• Familiarity with lease management, insurance practices, and local regulatory requirements.
• Proficiency in Excel and asset management or ERP systems.

Application Closing Date
Not Specified.

How to Apply
Interested and qualified candidates should send their CV to: elizabeth.a@fadacresources.com using the Job Title as subject of mail.