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DRP Truck & Equipment

Assistant Equipment Asset Manager

Career Insights for Investment Fund Manager

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What they do

An Investment Fund Manager plans, directs, or coordinates investment strategy or operations for a large pool of liquid assets supplied by institutional investors or individual investors.

$167,703 / year median in Ohio

+8% projected growth

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Job Description

Benefits:
401(k) Health insurance Paid time off 401(k) matching Competitive salary Dental insurance Opportunity for advancement Vision insurance Wellness resources About the
Role:
DRP Truck & Equipment is looking for a motivated and detail-oriented Assistant Equipment Asset Manager to join our team in Cadiz, OH.The Assistant Equipment Asset Manager supports management by tracking rental equipment fleet inventory, monitoring inventory levels, and maintaining a rental equipment database. This role coordinates inventory audits, monitors equipment utilization, coordinates with truck dispatch for equipment deliveries/pickups, and coordinates with management to create rental contracts to maximize inventory profitability. If you have a passion for the equipment industry and thrive in an organized, dynamic workplace, we want to hear from you!
Responsibilities:
Create and maintain a Fleet Inventory Database to track movement of all rental equipment. Monitor equipment check-in/check-out, daily location status, and utilization rates. Assist management with equipment acquisition and disposal (remarketing) to maximize ROI during the rental life cycle and profit at the time of disposal. Review lost rental activity and use this information to develop fleet planning. Track depreciation, physical and financial utilization rates, and total cost of ownership. Analyze market trends to optimize fleet mix and size. Work with management to negotiate with dealers for volume pricing. Research market trends to buy high-demand machinery and sell aging units at peak resale value. Track Total Cost of Ownership and Rental Rate of Return to ensure profitability. Assist management with budgets, depreciation, and procurement negotiations. Monitor rental data to ensure the right mix of fleet inventory. Assist the Inside and Outside Sales Representatives with customer pricing for new and used equipment sales.
Qualifications:
Deep understanding of heavy machinery (excavators, loaders, etc.). 5+ years in heavy equipment or rental industry operations. Must be able to work in a dynamic, fast-paced environment. Excellent communication skills and excellent customer service. Must be proficient in the use of a computer and related software (Excel, Word, etc.). Valid driver's license with clean driving record. Must have strong problem-solving skills and be detailed oriented with a high level of accuracy. Able to perform duties with a sense of urgency, exceeding customer expectations. Excellent organizational skills.
About Us:
DRP Truck & Equipment is a trusted name in the truck and equipment industry, proudly serving customers from our Cadiz, OH location. We are known for our commitment to quality, reliability, and going the extra mile for the customers and communities we serve. Our team enjoys a supportive work culture where hard work is recognized and there are real opportunities to grow your career.