Physical Asset Manager

A Physical Asset Manager will essentially take care of company assets, big and small. From servicing them, to ensure that they run the best they possibly can and also bring in the most amount of money for their worth. You will make recommendations for buying and selling assets as well as having an understanding of the legal requirements for big and small assets. As a manager, you hold a lot of responsibility within an organisation, and when assets malfunction, you will be the go-to personal. 

Since a Physical Asset Manager is a specialisation in the business management sector, it will require many years of experience and knowledge within the industries that require asset managers. You will need a degree in business or commerce in order to get into a position that will give you the right experience needed to become a Physical Asset Manager.

Regular working hours would be between 40 – 45 hours per week but as a Managerial role, you may be required to work overtime on any given day. It really depends on where you work.

The average salary per year as a Physical Asset Manager in South Africa is around R462 784, according to PayScale.

Here are a few things you can expect from a career as a Physical Asset Manager:

• As a Physical Asset Manager, you can expect to be given a lot of responsibility in managing big and small assets, as well as people below you in a work environment. 
• Expect to engage in a thorough knowledge of insurance, legal implications around large and small assets, as well as services and machine maintenance plans. 
• You’ll need to work with finances and make sure machines are increasing in their worth to the company you work for.
• Expect to be put under stressful situations when managing physical assets, when things go wrong the buck stops with you.
• Expect to gain a lot of experience and to be learning all the time, especially as technology advances.