The position involves maintaining and updating asset management databases and software to track IT equipment, including computers, servers, networking devices, and peripherals. The role requires assigning property control numbers to new IT items upon receipt and maintaining records of such assignments. Additionally, the individual will conduct periodic audits and physical inventories of IT assets, reconciling records with actual items to ensure accountability. The position also includes tagging and labeling IT equipment for tracking and identification purposes, recording and processing location changes, transfers, and disposals of IT assets, and coordinating the receipt, distribution, and replacement of IT equipment to various departments or locations. Regular reports on IT asset status, usage, and incidents will be prepared for management review, and the individual will respond to incidents involving damage or loss of IT property, compile reports, and assist with insurance claims processing when necessary. Maintaining records of leased or rented IT equipment and verifying related invoices is also part of the job. Collaboration with accounting and other departments to ensure accurate asset records and support audits is essential, as is ensuring compliance with organizational policies and relevant regulations regarding IT asset management and data security.