Investment Recovery Analyst at International Energy Services Limited (IESL)

JOB PURPOSE / OBJECTIVE

• Purpose of Investment Recovery Services is to ensure Value Recovery from Surplus inventory by disposing or repurposing surplus or idle inventory such as equipment, spare parts no longer needed to reduce storage cost and generate income for the organization.

KEY RESPONSIBILITIES:

• Responsible for identifying, managing, and disposing of surplus or obsolete assets to recover value for the organization.
• Works with asset owners to identify surplus, obsolete, or idle assets across Renaissance departments, warehouses and storage locations.
• Assess the condition and market value of assets for potential recovery.
• Develops and implements strategies for asset disposals (e.g., resale, recycling, donation, or scrapping).
• Ensure compliance with company policies and regulatory requirements.
• Track and report financial recovery from disposed assets.
• Analyze trends and provide insights to improve recovery rates.
• Collaborate with procurement, finance, operations, and legal teams.
• Coordinate with external vendors, auctioneers, or recyclers.
• Maintain accurate records of asset disposition activities.
• Ensure proper documentation for audits and financial reporting.

Qualifications/Experience:

• Bachelor’s degree in Finance, Supply Chain Management, Business Administration, or related field.
• Certifications in asset management or supply chain (e.g., CSCP, CPIM) are advantageous.
• 5–7 years in asset management, supply chain, or financial analysis roles.
• Experience with ERP systems and asset tracking tools.

Required Skills:

• Strong ability to assess asset value and recovery potential.
• Understanding of depreciation, asset valuation, and cost recovery.
• Proficiency in systems like SAP.
• Skilled in Excel and data analysis tools.
• Ability to negotiate with vendors and present findings to stakeholders.
• Accurate documentation and compliance with audit standards.
• Capable of managing multiple recovery projects simultaneously.