Skills & Competencies for IT Asset Manager

IT Asset Manager job profile

JOB SUMMARY for IT Asset Manager

Manages the operations of the IT asset and inventory management function.

JOB RESPONSIBILITIES for IT Asset Manager

Manages the maintenance of records and databases containing information regarding licenses, warranties, and service agreements for the organization's hardware and software. Minimizes organizational cost through product standardization and tracking. Tracks quality throughout the product lifetime.

IT Asset Manager SALARY RANGE

BASE 50%

$138,727

TOTAL 50%

$148,801
JOB LEVEL
M02
JOB CODE
IT10000308
EDUCATION/DEGREE
Bachelor's Degree
REPORTS TO
Head of a Unit/Department

IT Asset Manager Skills and Competencies List

Proficiency Levels and Behavioural Indicators

Salary.com identifies five increasing levels of proficiency for each skill/competency. Some jobs require only a relatively low level of proficiency in each skill/competency, while other jobs will require a more advanced level of proficiency in the same skill/competency. These levels rate the degree of proficiency (skill level, expertise) we expect the incumbent to perform in the given skill/competency for the given job. Note that we intentionally do not associate timeframes or years of experience in performing the skill/competency because that can be misleading. Proficiency levels identify what the incumbent knows and can do rather than how long they have been doing it. Also, note that the proficiency levels are cumulative, e.g., a level 4 proficiency implies the ability to perform all the behaviors at the lower levels.

Check each IT Asset Manager skill and competencie below to view definitions.

10 general skills or competencies (Job family competencies) for IT Asset Manager

Job Family Competencies – Information Technology Infrastructure Library (ITIL)

Proficiency Level - 3

Skill definition-Insight into the application of this set of best practices for delivering and managing efficient IT support services.

Level 1 Behaviors

(General Familiarity)

Explains the basic functions of Information Technology Infrastructure Library (ITIL) service model.

Level 2 Behaviors

(Light Experience)

Logs and tracks IT incidents and issues following the standard procedures.

Level 3 Behaviors

(Moderate Experience)

Partners with various IT professionals in executing ITIL processes to ensure continuous improvement.

Level 4 Behaviors

(Extensive Experience)

Oversees ITIL Incident Management to mitigate performance issues.

Level 5 Behaviors

(Mastery)

Develops ITIL processes and strategies to ensure integration across IT service.

Job Family Competencies – IT Asset Management

Proficiency Level - 3

Skill definition-Knowledge of and ability to implement the set of processes designed to ensure an organization's assets are managed, maintained, upgraded, and properly retired.

Level 1 Behaviors

(General Familiarity)

Discusses the fundamentals of the asset management system used in our IT organization.

Level 2 Behaviors

(Light Experience)

Logs IT asset hardware and software information into management system for accurate tracking and assignment.

Level 3 Behaviors

(Moderate Experience)

Audits IT asset management database to reconcile discrepancies.

Level 4 Behaviors

(Extensive Experience)

Manages the overall aspects of the IT asset to ensure the best, cost-effective use of assets.

Level 5 Behaviors

(Mastery)

Establishes IT asset management goals, strategies, and procedures to reduce IT costs, risks and improve productivity.

Job Family Competencies – IT Asset Manager
Proficiency Level - 3
IT Asset Manager – Skill and Competency
Proficiency Level - 4
Competency for – IT Asset Manager
Proficiency Level - 5
12 soft skills or competencies (core competencies) for IT Asset Manager

Core Competencies – Business Acumen

Proficiency Level - 2

Skill definition-Insight into our organization's business, goals, and values. Ability to design and implement initiatives that facilitate successful outcomes.

Level 1 Behaviors

(General Familiarity)

Discusses the strengths and weaknesses of our products and services.

Level 2 Behaviors

(Light Experience)

Explains advantages and disadvantages of different organizational structures from an efficiency perspective.

Level 3 Behaviors

(Moderate Experience)

Demonstrates an innate sense of how to achieve positive results in the current environment.

Level 4 Behaviors

(Extensive Experience)

Evaluates and explains the financial aspects of a business initiative to different teams.

Level 5 Behaviors

(Mastery)

Conceptualizes new and creative business initiatives to boost business growth.

Core Competencies – Financial Acumen

Proficiency Level - 3

Skill definition-Obtaining financial information and applying financial understanding to foster sound judgment and correct business decisions.

Level 1 Behaviors

(General Familiarity)

Identifies basic approaches used to earn profits and increase profitability.

Level 2 Behaviors

(Light Experience)

Assists in designing strategies for overcoming arising financial constraints in our business.

Level 3 Behaviors

(Moderate Experience)

Maintains adequate cash flow following established regulations.

Level 4 Behaviors

(Extensive Experience)

Establishes a working environment that encourages and fosters fiscal responsibility.

Level 5 Behaviors

(Mastery)

Designs data-gathering procedures to streamline the collection of financial information within our business.

Core Competencies – IT Asset Manager
Proficiency Level - 3
IT Asset Manager – Skill and Competency
Proficiency Level - 4
Competency for – IT Asset Manager
Proficiency Level - 5

Summary of IT Asset Manager skills and competencies

There are 0 hard skills for IT Asset Manager.
10 general skills for IT Asset Manager, Information Technology Infrastructure Library (ITIL), IT Asset Management, IT Governance, etc.
12 soft skills for IT Asset Manager, Business Acumen, Financial Acumen, Budgeting, etc.
While the list totals 22 distinct skills, it's important to note that not all are required to be mastered to the same degree. Some skills may only need a basic understanding, whereas others demand a higher level of expertise.
For instance, as an IT Asset Manager, he or she needs to be proficient in Business Acumen, be skilled in Financial Acumen, and be proficient in Budgeting.

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