Director, Asset Management
1 month ago
The Opportunity:
The Asset Management and Logistics team, which sits in the Project Delivery Excellence (PDE) function within WSP Canada, is seeking a Director of Asset Management. The role will consist of overseeing the strategic and operational management of the company’s tangible vehicle and equipment assets. To achieve this, the Director will lead a team responsible for the effective acquisition, maintenance, and disposition of assets and work closely with cross-functional teams to ensure safety, regulatory compliance and quality while maximizing utilization and cost recovery throughout the asset lifecycle. This is a hands-on outstanding opportunity to form the foundation of a best-in-class asset management program by leading the implementation of a newly selected enterprise asset management solution.
Why choose WSP?
- We value and are committed to upholding a culture of inclusion and belonging.
- Our Flexible Work Policy – we recognize the importance of balance in our lives and encourage you to prioritize the balance in yours. We will support you on and off the job so you can be fully present in both your work and home lives.
- A Canadian success story - we're proud to wear the red and white of this beautiful country and show the world what Canada has to offer.
- Enhance the world around you - from the environment to the highways, to the buildings and the terrain, WSP is the fabric of Canada.
- Outstanding career opportunities - we're growing and pushing ourselves every day to be greater than yesterday - we're open to your ideas and trying new things.
- A phenomenal collaborative culture and a workforce filled with genuinely good people who are doing humbly important work. Come find out for yourself what it's like to be a part of our journey.
We offer attractive pay, flexible work options, a great corporate culture, comprehensive and employee-focused benefits including virtual healthcare and a wellness platform as well as great savings programs, and a clear vision for the future.
#WeAreWSP
What you can expect to do here:
System set-up and Operationalizing New Asset Management Solution
- Act as and lead a team of subject matter experts in the implementation of a newly selected asset management solution.
- Ensure assets are fit for use and meet regulatory and safety requirements.
- Implement monitoring and reporting systems and processes to track asset performance and utilization metrics.
- Monitor and analyze asset utilization data to identify opportunities for improvement and ensure optimal deployment of assets.
- Ensure expertise in the new equipment tool, Asset Infinity System.
- Integration of asset management data to optimize utilization and cross-platform functionality (e.g., GeoTab).
Recovery and Utilization
- Develop and manage asset recovery and deployment strategies to maximize cost recovery from underutilized or obsolete assets.
- Oversee budgeting, forecasting, and financial analysis related to asset management.
- Work closely with finance and accounting teams to ensure accurate asset valuation and depreciation.
- In partnership with Procurement, identify economies of scale opportunities by optimizing common standards and specifications and strategically managing lifecycles aligned with budget constraints.
- Establish total cost of ownership cost recovery rates.
- Manage the disposition of surplus or obsolete assets, including sales, transfers, and disposal, to optimize financial returns and reduce total cost of ownership.
Compliance and Standards
- Develop and oversee maintenance programs to ensure the reliability, safety, and longevity of assets.
- Implement lifecycle management practices to extend asset life and reduce total cost of ownership.
- Develop and implement comprehensive asset management strategies to maximize utilization and lifecycle value of vehicle and equipment assets.
- Create and maintain asset management policies, procedures, and standards to ensure compliance and operational efficiency.
- Coordinate with the HSEQ team for the management of the nuclear program.
Training
- In partnership with HSEQ and Risk Management, ensure Total Safety Program training and compliance requirements are met. Ensure compliance with all relevant regulations, standards, and company policies related to asset management.
- Identify and mitigate risks associated with asset management activities, including financial, operational, and safety risks.
Leadership and Innovation
- Lead and mentor a team of asset management professionals, fostering a culture of continuous improvement and accountability.
- Coordinate with cross-functional teams, including operations, finance, procurement, and IT, to support asset management initiatives.
- Leverage technology and innovation to enhance asset management processes, including the implementation of asset management software and data analytics tools.
- Stay abreast of industry trends and best practices to continuously improve asset management strategies and operations.
- Lead the deployment and implementation of a newly acquired national Asset Management solution.
- Establish standard policies and operational guidelines for solution implementation.
What you’ll bring to WSP:
- Proven leadership experience with a track record of managing and developing high-performing teams.
- Strong analytical and financial management skills, with experience in budgeting, forecasting, and financial analysis.
- Excellent communication and interpersonal skills, with the ability to collaborate effectively with cross-functional teams.
- Proficiency in asset management software and data analytics tools.
- Strong understanding of regulatory requirements and industry standards related to asset management.
- Strategic thinker with a proactive and results-oriented approach.
- Bilingual a must.
Education and Experience
- Bachelor’s degree in business administration, Finance, Engineering, or a related field.
- MBA or relevant professional certification (e.g., CPAM, MIRM) is preferred.
- Minimum of 10 years of experience in asset management, focusing on tangible vehicle and equipment assets. IAM, PEMAC or equivalent asset management certification is an asset.
- Demonstrated experience in leading asset management system implementation.
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