VP, Asset Management

Position Summary

This V.P. will develop an overall asset strategy to maximize asset value throughout the lifecycle. This role is responsible for overseeing the lifecycle of rental equipment fleet assets, including acquisition, deployment, utilization, and disposal. This role ensures that the rental fleet is optimized for availability, reliability, and profitability while aligning with operational goals and safety standards.

Fleet Planning & Acquisition

• Collaborate with VP of Business Development and VP of Operations to forecast fleet needs based on major project prioritization, market demand and utilization trends.
• Manage the procurement process for new and used equipment and unplanned additions.
• Deploy the appropriate data analysis, AI, and ERP tools to build and manage a world class rental fleet.
• Maintain accurate records of fleet additions, transfers, and disposals.
• Manage and develop our relationship with Caterpillar and other vendors.
• Lead our monthly S & OP process.
• Execute asset orders and receiving in all appropriate systems.

Fleet Operations & Optimization

• Monitor fleet utilization and recommend redeployment, repositioning, or disposal strategies to maximize ROI.
• Develop strategies to optimize rental rates based on market trends and asset utilization to maximize financial returns.

Reporting & Analysis

• Prepare and analyze fleet performance reports, including utilization, cost per hour, and lifecycle metrics.
• Support budgeting and capital planning processes with data driven insights.
• Prepare and provide weekly and monthly updates on fleet size and key updates to.
• Ensure compliance metrics are met through inventory process.

Leadership & Collaboration

• Supervise Asset Analyst, providing guidance, coaching, performance reviews and performance management.
• Serve as a liaison between Rental Operations, Sales, Service, and Transportation teams.
• Communicate new fleet, updated rental rates, and any relevant information important to supporting frontline teams.
• Provide guidance to all areas of the business on fleet-related matters.

Required Education And Experience

• Minimum 4- year degree.
• 5+ years of experience in fleet or equipment management, preferably in the rental or construction industry.
• Strong understanding of heavy equipment specifications, applications, and maintenance.
• Proficiency in fleet management systems and Microsoft Office Suite.
• Database management skills pursuant to large asset fleet management.
• Excellent communication, organizational, and analytical skills.

Physical Demands

• Standing, walking, talking, sitting, using hands & hearing.
• Sedentary work that primarily involves sitting/standing but may require occasionally lifting and/or moving up to 32 pounds.
• Ability to perform data entry, use of telephone, reading/writing, reasoning, organizational, communication & analytical skills.

Travel Requirements

• 1- 25%

Employee Benefits

• Paid Time Off (PTO) Plan
• Company Paid Holidays
• Medical, dental, and vision insurance
• 401K Savings Plan

Major Projects - Cat Rental

• Provides the following benefits to all full-time employees.
• EEO/AA/Veterans/Disabled employer.
• Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities.