Muhammed Aslam , Asset controller

Muhammed Aslam

Asset controller

FIRST FIX Co.

Location
Saudi Arabia - Jeddah
Education
Bachelor's degree, Bsc
Experience
5 years, 7 Months

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Work Experience

Total years of experience :5 years, 7 Months

Asset controller at FIRST FIX Co.
  • Saudi Arabia - Jeddah
  • July 2018 to January 2024

Job Responsibilities:

1. Asset Lifecycle Management: Oversee the complete lifecycle of all assets, from acquisition and deployment to maintenance, utilization tracking, and disposal.
2. Compliance and Risk Management: Implement asset control policies to mitigate loss, adhere to regulatory compliance standards, and manage asset-related risks.
3. Asset Tracking Technology: Utilize Hilti “Ontrack’ or ‘WASP’ asset management software and technology for efficient tracking and reporting.
4. Inventory Management: Conduct detailed inventory audits and reconciliations, ensuring accuracy in the asset register and compliance with internal and external audit requirements. (Develop/optimize asset control & inventory management processes and procedures)
5. Problem-Solving: Proactive in identifying issues and implementing innovative solutions within asset management operations.
6. Disposal and Recovery: Manage the disposal process of obsolete or redundant assets to optimize recovery value, following environmental and legal guidelines.
7. Procurement Support: Facilitate the procurement process for new assets, including vendor negotiations, purchase orders, and receipt verification.
8. Process Improvement: Continuously assess and improve asset management processes, incorporating best practices and innovative solutions.
9. Financial Reporting: Collaborate with the finance department on fixed asset capitalization, depreciation schedules, and disposals.

Procurement
1. Procurement of IT materials (Devices, software, accessories) Stay abreast of emerging technologies and market trends to inform procurement strategies and decisions.
2. Strategic Sourcing: Develop and implement effective sourcing strategies that align with IT and business objectives. Utilize market analysis to identify potential vendors and cost-saving opportunities.
3. Contract Negotiation: Lead negotiations of IT contracts, focusing on favorable terms, cost reductions, and risk mitigation. Ensure contracts comply with legal requirements and company policies.
4. Procurement Processes: Manage the end-to-end procurement process, including requisition, tendering, evaluation, and purchase order creation. Implement procurement best practices to enhance efficiency and effectiveness.
5. Cost Management: Monitor IT procurement budgets and expenditures. Provide regular reports on procurement spend and savings. Identify opportunities for cost optimization and budget alignment.

Education

Bachelor's degree, Bsc
  • at University Of Calicut
  • April 2018

BSc Computer Science-course completed

Training and Certifications

Ms Office Excel (Certificate)
Date Attended:
April 2021
Asset Management (Training)
Training Institute:
I CAD
Date Attended:
July 2019
Duration:
2400 hours

Hobbies

  • football