Fixed Assets & Insurance Manager at ABK Bank

ABK Career
ABK Career

Job Description

  • Maintains receiving, warehousing, and distribution operations by initiating, coordinating, and enforcing program, operational, and personnel policies and procedures.
  • Complies with bank policy warehousing, material handling, and shipping requirements by studying existing and new policies and procedures; enforcing adherence to requirements; advising management on needed actions.
  • Manage the warehouse team to safeguards warehouse operations and contents by establishing and monitoring security procedures and protocols.
  • Manage the controls for inventory levels by conducting physical counts; reconciling with data storage system.
  • Maintains physical condition of warehouse by planning and implementing new design layouts; inspecting equipment; issuing work orders for repair and requisitions for replacement.
  • Achieves financial objectives by preparing an annual budget; scheduling expenditures; analyzing variances; initiating corrective actions.
  • Completes warehouse operational requirements by scheduling and assigning employees; following up on work results.
  • Maintains warehouse staff by recruiting, selecting, orienting, and training employees.
  • Maintains warehouse staff job results by coaching, counseling, and disciplining employees; planning, monitoring, and appraising job results.
  • Maintains professional and technical knowledge by attending educational workshops; reviewing professional publications; establishing personal networks; participating in professional societies.
  • Contributes to team effort by accomplishing related results as needed.
  • Consolidate all the bank assets in sheets to be used for insurance purpose as well as resell.
  • Manage the relation with insurance companies to make sure all bank assets are covered with insurance policies from different risks.
  • Make sure all insurance claims are settled back and reimbursed from the insurance company.
  • Build an assets management module for the best use of bank assets all over the network, use and reuse, utilities and reutilizes.
  • Coordinate with the engineering teams, the best use of in store of assets.
  • Asset manage equity real estate (office, office/warehouse, retail and multifamily)
  • Valuation of assets, including multi-family, office, retail, and industrial properties
  • Evaluate leasing opportunities and lead lease negotiations to maximize returns
  • Conduct periodic site visits to branches and warehouses.
  • Provide quarterly reporting comparing asset performance to budget and acquisition underwriting
  • Manage various internal/external resources and consultants (leasing brokers, property management, attorneys, construction)
  • Manage the bank printing forms balance as well as distribution in coordination with the mailing team as well as its reordering point according to consumption.
  • Manage the warehouse supervisor activities and follow up the process of getting rid of any used bank’s assets (furniture. equipment’s) by selling in public auctions every year.
  • Make sure warehouse supervisor keeping track of all assets for all branches and departments and assure coding all assets in the bank.
  • Tracking the assets status during it life cycle in our bank.
  • Follow-up of assets going to the maintenance companies and receiving it back
  • Document the granted stock items.
  • Document and follows up on all invoices on regular basis, for acquiring assets.
  • Prepare inventory reports for all warehouses, and prepare detail report for stock items movement.
  • Keep records of all assets purchased for new or current branches or any used assets moved to new location.
  • Receive and keep the copies for assets transfer forms, as a reconciliation tool with the warehouse supervisor.
  • Coordinate with the finance division the distribution of all assets for branches and departments in order to allocate its cost to branches and departments.
  • Mailing team for distribution of goods and bank documents and forms.

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