Asset Management Manager

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Job Description

Parsons is looking for an amazingly talented Asset Management Manager to join our team!

What You’ll Be Doing

Asset Management Strategy and Planning:

• Develop and implement a comprehensive asset management strategy that aligns with the organization’s goals and maximizes asset value throughout its lifecycle.
• Collaborate with senior leadership to define asset management objectives and ensure they are incorporated into the overall project and operational plans.
• Establish an asset management framework that encompasses asset procurement, maintenance, operation, performance monitoring, and decommissioning.
  
  
  

Asset Tracking And Inventory Management

• Oversee the asset register and ensure that all assets are accurately recorded, tagged, and tracked throughout their lifecycle.
• Implement systems for real-time asset tracking to ensure the location, condition, and performance data of assets are easily accessible and up-to-date.
• Ensure proper categorization and valuation of assets, distinguishing between critical and non-critical assets to prioritize maintenance efforts and investment.
  
  
  

Lifecycle Management

• Develop and manage strategies for asset lifecycle management, from planning and procurement to commissioning, operation, and eventual disposal or replacement.
• Ensure assets are utilized effectively to achieve optimal performance, reliability, and availability while minimizing operational costs.
• Monitor and evaluate the useful life of assets and make recommendations for replacements, upgrades, or decommissioning as needed.
  
  
  

Maintenance And Performance Optimization

• Collaborate with operations and maintenance teams to develop and implement effective preventive maintenance programs that minimize asset downtime and extend asset life.
• Analyze asset performance data and recommend improvements to optimize efficiency, performance, and sustainability.
• Ensure that all assets are maintained in line with manufacturer recommendations and industry standards to achieve high levels of reliability and safety.
  
  
  

Financial Management And Budgeting

• Develop and manage asset management budgets, ensuring that funds are allocated efficiently across maintenance, upgrades, and replacement strategies.
• Conduct cost-benefit analyses to determine the financial viability of asset replacements, upgrades, and repairs, and ensure alignment with organizational objectives.
• Track and report on asset-related costs, including capital expenditures (CAPEX) and operational expenditures (OPEX), and work with finance teams to ensure proper cost management.
  
  
  

Risk Management And Compliance

• Identify and assess risks related to asset management, including operational failures, obsolescence, and regulatory compliance issues.
• Implement risk mitigation strategies to minimize the potential impact of asset failures and ensure continuous service delivery.
• Ensure assets comply with legal, regulatory, and environmental standards and requirements, including health and safety, ISO certifications, and environmental sustainability goals.
  
  
  

Data Management And Reporting

• Oversee the collection, analysis, and reporting of key performance indicators (KPIs) related to asset performance, reliability, and utilization.
• Ensure that all asset data is effectively captured and maintained in Asset Management Software (AMS) or Enterprise Resource Planning (ERP) systems.
• Prepare regular asset performance and maintenance reports for senior management, providing actionable insights to improve asset performance and reduce operational costs.
  
  
  

Stakeholder Coordination And Communication

• Coordinate with internal teams (e.g., operations, engineering, procurement) and external stakeholders (e.g., contractors, suppliers, regulatory bodies) to ensure effective asset management across the project lifecycle.
• Provide regular updates and reports to senior management on asset performance, operational readiness, and budget adherence.
• Facilitate meetings to review asset management plans, performance, and strategies with key stakeholders, ensuring alignment with overall project goals.
  
  
  

Continuous Improvement And Best Practices

• Lead the development and implementation of continuous improvement initiatives in asset management practices.
• Stay updated on industry trends, new technologies, and best practices in asset management, integrating relevant innovations to improve asset performance and reduce costs.
• Participate in training programs and workshops to keep the team informed about advancements in asset management systems and methodologies.
  
  
  

What Required Skills You’ll Bring

• Education:
• Bachelor’s or Master’s degree in Engineering, Asset Management, Facilities Management, Operations Management, or a related field.
• Professional certifications in Asset Management (e.g., Certified Asset Management Professional (CAMP), ISO 55000 certification) are highly desirable.
• Experience:
• Minimum of 15 years of experience in asset management, facility management, or operations management in large-scale infrastructure projects or industrial settings.
• Proven experience in asset lifecycle management, including procurement, maintenance, performance monitoring, and decommissioning.
• Experience with asset management software tools (e.g., SAP PM, Maximo, Infor EAM, or similar platforms) and Enterprise Resource Planning (ERP) systems.
• Skills & Knowledge:
• Strong understanding of asset management principles, including lifecycle management, preventive maintenance, and performance optimization.
• In-depth knowledge of asset management standards and best practices (e.g., ISO 55000).
• Strong analytical and data-driven decision-making skills, with the ability to interpret asset performance data and derive actionable insights.
• Financial acumen, with the ability to manage asset-related budgets, conduct cost-benefit analyses, and ensure cost-effective use of resources.
• Excellent organizational and project management skills, with the ability to oversee multiple asset management activities simultaneously.
  

What Desired Skills You’ll Bring

• Certifications & Professional Development:
• Certified Asset Management Professional (CAMP) or equivalent certifications.
• Project Management Professional (PMP) or equivalent project management certification.
• Six Sigma or Lean certifications to drive process improvement.
• Industry Experience:
• Experience in large infrastructure projects, such as transportation networks, energy facilities, utilities, smart buildings, or manufacturing plants.
• Familiarity with BIM (Building Information Modeling) and its integration into asset management workflows.
• Technological Expertise:
• Proficiency in Asset Management Software (AMS) and CMMS (Computerized Maintenance Management Systems).
• Experience with IoT (Internet of Things) for asset tracking and predictive maintenance strategies.
  

Parsons equally employs representation at all job levels no matter the race, color, religion, sex (including pregnancy), national origin, age, disability or genetic information.

We truly invest and care about our employee’s wellbeing and provide endless growth opportunities as the sky is the limit, so aim for the stars! Imagine next and join the Parsons quest—APPLY TODAY!

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