Analyst III, IT Asset Management (Remote) - The Toro Company

The Toro Company • Remote Minnesota, MN

38d • $90,000 - $115,000 • Remote

About The Position

The Toro Company is seeking an Analyst III, IT Asset Management to oversee the full IT software & hardware asset life cycles, from acquisition to disposal. This role involves implementing and maintaining IT asset management policies and procedures, conducting regular audits, and utilizing the CMDB and Ivanti ITAM tool to optimize processes. The position requires close collaboration with the security team to protect IT assets and involves vendor management, including negotiating contracts and evaluating vendor effectiveness. The role also focuses on reporting and analysis of IT asset performance, utilization, and costs, providing recommendations to management based on data analysis, and understanding SaaS and AI licensing models. This is a subject matter expert role with ownership of complex processes and enterprise initiatives, influencing financial planning and cost optimization, and leading projects with organization-wide impact. Regular engagement with senior leadership and decision-makers is expected, along with providing guidance and informal leadership to team members. Moderate travel (<5–10%) is required.

Requirements

• 5+ years IT Asset & Vendor management or related experience
• Advanced knowledge of licensing models, compliance frameworks, and lifecycle strategy
• Strong financial acumen (budgeting, forecasting, ROI, depreciation)
• Demonstrated experience leading audits and enterprise initiatives
• Advanced analytical, reporting, and data storytelling capabilities
• Proven ability to influence stakeholders and mentor others
• Applicants must be legally authorized to work in the United States. We are unable to sponsor or take over sponsorship of a school/employment or any other visa, regardless of expiration date, now or in the future.

Responsibilities

• Oversee the full IT software & hardware asset life cycles, from acquisition to disposal
• Implement and maintain IT asset management policies and procedures
• Conduct regular audits to ensure compliance with asset management standards
• Utilize the CMDB for asset management and advance ITAM maturity within Ivanti ITAM tool to optimize processes, increase efficiency and accuracy
• Ensure all IT assets comply with organizational policies and regulatory requirements and work with IT leadership to develop plans to address noncompliance
• Work closely with the security team to implement measures that protect IT assets from threats and vulnerabilities
• Establish and maintain relationships with IT vendors and suppliers
• Negotiate contracts and interpret licensing terms & requirements to ensure optimal performance and cost-efficiency, while managing risk
• Evaluate vendor effectiveness and address issues which cause elevated risks
• Expert in vendor licensing models, risks, and trends, providing guidance to IT leadership and budget owners
• Partner with Sourcing and Legal teams to create predictability and streamline IT vendor intake and negotiation processes
• Generate reports on IT asset performance, utilization, and costs
• Analyze cost-effectiveness and return on investment (ROI) for IT assets
• Leverage industry insights and data, providing recommendations to management based on data analysis
• Understand and advise on SaaS and AI licensing models, including the tracking and costs
• Track metrics and KPIs to measure the effectiveness of IT asset management practices

Benefits

• Competitive salary
• Affordable and top tier medical/dental/vision plan
• 401k
• Dress for your day (casual, corporate environment)
• Mental health resources
• Financial health resources
• 20 hours of paid time to volunteer in the community
• Potential eligibility for an incentive program based on individual and organizational performance
• Access to pay early with the dailypay app

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: No Education Listed