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Asset Manager

An asset manager is responsible for managing, monitoring and keeping track of the many and varied assets owned by a company.


The role

  • Asset Managers are needed as construction companies invest a great deal of money in equipment – both owned and leased. 
  • Monitoring materials, tools, equipment and supplies
  • Making sure that records are up to date and accurate
  • Working with computer-based systems to maintain and analyse spreadsheets
  • Ensuring that assets are used as effectively as possible to maximise profitability
  • Liaising with suppliers
  • Preparing inventory of all assets
  • Implementing maintenance programmes that ensure that equipment and plant keeps running
  • Getting the best price for surplus assets
  • Liaising with maintenance teams to work with advanced internet-based tracking technologies and sophisticated asset management systems.
  • A typical working week would involve standard office working hours, Monday-Friday. But there may be times where you'll need to work late, particularly in more senior roles.

Qualifications and training

While some asset managers achieve this position through industry experience, a career in asset management today will generally require a degree or equivalent in a subject such as Building and Construction, or associated, relevant subjects such as Business Studies, Finance, Statistics or Accounting.

Many also go on to undertake further study as part of a Masters degree, or by acquiring additional skills though training initiatives such as the Endorsed Training Scheme (ETS) supported by the Institute of Asset Management (IAM).


Salary

  • Newly trained asset managers can earn in the region of £19,000-£21,000
  • Trained with experience asset managers can earn in the region of £38,000-£40,000
  • Senior asset managers can earn in the region of £40,000-£50,000

Salaries typically depend on location, employer and level of responsibility. Salaries and career options improve with chartered status.


Vacancies/apprenticeships

Apprenticeships

Vacancies

Check out the latest Asset Manager vacancies: 

As these are external websites, the number of job vacancies related to your preferred job role may vary. 

Check daily to see new opportunities as they are posted!

Progression Opportunities

Explore the progression opportunities below

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