Team leader, Asset & Vendor Management

Al Ayuni Investment and Contracting Company; Makkah Al Mukarramah, Neom, Riyadh; Hybrid; SAR 150,000 - 200,000; Full time

Job summary

A leading construction and investment firm in Saudi Arabia is seeking a Team Leader for Asset & Vendor Management. This role involves overseeing the organization’s IT and physical assets while managing vendor relationships to ensure compliance and cost efficiency. The ideal candidate will have extensive experience in asset/vendor management and leadership capabilities. This position offers a hybrid or on-site working environment and may require some travel to vendor sites.

Qualifications

• 5+ years in asset/vendor management, with 2+ years in a leadership role.
• Proficiency in asset management tools and vendor management software.
• ITIL, COBIT, or vendor management certifications are a plus.

Responsibilities

• Lead the lifecycle management of IT/hardware/software assets.
• Oversee vendor relationships and contract negotiations.
• Supervise and mentor a team of asset and vendor management specialists.

Skills

Negotiation

Communication

Stakeholder management

Analytical skills

Education

Bachelor’s degree in IT, Business Administration, Supply Chain

Tools

ServiceNow

SCCM

Job description

The Team Leader, Asset & Vendor Management is responsible for overseeing the organization’s IT/Physical assets and vendor relationships, ensuring optimal utilization, compliance, and cost efficiency. This role involves managing a team to track, maintain, and optimize assets while ensuring vendor performance aligns with contractual obligations and business needs.

Key Responsibilities:

1. Asset Management:

• Lead the lifecycle management of IT/hardware/software assets (procurement, deployment, maintenance, disposal).

• Maintain an accurate and up-to-date asset inventory, including tracking warranties, licenses, and compliance.

• Ensure proper tagging, documentation, and auditing of assets to prevent loss or misuse.

• Develop and enforce policies for asset allocation, retrieval, and disposal in line with company and regulatory standards.

2. Vendor Management:

• Oversee vendor relationships, including contract negotiations, performance evaluations, and SLA compliance.

• Coordinate with procurement and finance teams to optimize vendor costs and service quality.

• Resolve vendor disputes and escalate issues when necessary.

• Conduct regular vendor reviews to assess value, risk, and opportunities for improvement.

3. Team Leadership:

• Supervise and mentor a team of asset and vendor management specialists.

• Assign tasks, monitor performance, and ensure timely execution of asset/vendor-related activities.

• Foster a culture of accountability, efficiency, and continuous improvement.

4. Compliance & Reporting:

• Ensure adherence to internal policies, industry regulations (e.g., ITIL, ISO), and audit requirements.

• Generate reports on asset utilization, vendor performance, cost savings, and risk assessments.

• Recommend process improvements to enhance efficiency and reduce operational risks.

Qualifications & Skills:

• Education: Bachelor’s degree in IT, Business Administration, Supply Chain, or related field.

• Experience: 5+ years in asset/vendor management, with 2+ years in a leadership role.

• Certifications: ITIL, COBIT, or vendor management certifications (e.g., CVM) are a plus.

• Technical Skills: Proficiency in asset management tools (e.g., ServiceNow, SCCM) and vendor management software.

• Soft Skills: Strong negotiation, communication, and stakeholder management abilities.

• Analytical Skills: Ability to interpret data, identify trends, and make data-driven decisions.

Work Environment:

• Hybrid/On-site (as per company policy).

• May require occasional travel to vendor sites or other company locations.

Performance Metrics:

• Asset utilization and cost savings.

• Vendor performance against SLAs.

• Compliance with audit and regulatory requirements.

• Team productivity and process efficiency.