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IT Asset Manager Responsibilities and Duties

Design and execute asset management policies, procedures and processes.

Coordinate with management in utilizing the asset management tools to analyze, review and track asset data.

Develop asset control processes to monitor accountability identification, maintenance, location and contracts.

Manage asset reconciliation and asset disposal agreements.

Oversee recruitment, training and performance appraisals for associates.

Educate associates about company policies.

Assist in inventory management, procurement and shipment activities.

Analyze purchasing effectiveness and resolve purchasing issues.

Oversee contract negotiation, contract renewals and vendor management activities.

Monitor and control expenses within allotted budget.

Monitor software licenses to ensure they comply with license agreements and usage standards.

Collaborate with management to define cost savings, asset compliances and service improvements.

Prepare and manage IT asset capital and expense budgets.

Ensure audit compliance for the IT assets.

Guide IT asset associate in the daily administration of the asset management activities.

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