Asset Management Specialist
Listed on 2026-01-21
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Business
Business Management, Risk Manager/Analyst, Business Development, Business Analyst
The Town of Hay River, nestled in the heart of Canada’s Northwest Territories, is more than just a place; it’s a captivating way of life. Living and working in Hay River offers a unique blend of natural beauty, community spirit and professional opportunities that are truly irresistible. With its picturesque surroundings of pristine lakes and rugged wilderness, Hay River is a haven for outdoor enthusiasts, providing endless adventures like fishing, hiking, and northern lights gazing.
But it’s not just the scenery that makes Hay River special; the warmth and inclusivity of the community make you feel at home from the moment you arrive. Professionally, the region offers a diverse range of opportunities, from working in the thriving resource and transportation sectors to contributing to the growth of local businesses. Hay River is where dreams take root, and where a remarkable quality of life flourishes.
Join us and experience a life that is as fulfilling as it is unforgettable.
Job Summary:
Reporting to the Director of Infrastructure and Planning Service, the Asset Management Specialist is responsible for leading the development and on-going maintenance of the corporate asset management program for all Town of Hay River assets. This role is key in maximizing the asset lifecycle for the Town’s core assets from their initial assessment, planning, and acquisition, through their operation, maintenance, and eventual replacement.
The Asset Management Specialist maintains the long-term capital plan recommending asset replacements based on the completion of condition assessments. As part of the asset handoff process, this position ensures appropriate preventative maintenance procedures are developed and communicated to operations.
The Asset Management Specialist administers the Town’s asset management software. The position provides training, inputs data, and produces reporting for users and management. They have a key role in ensuring effective corporate use of the software to optimize asset maintenance and management.
This position leads the development, implementation and communication of effective asset management plans for the Town, which includes the review and ongoing development of the Strategic Asset Management Policy.
Job Duties and Tasks:
Asset Assessment & Performance Monitoring. This includes but is not limited to:
- Completes or coordinates asset condition, criticality, and risk assessments for all Town of Hay River core assets;
- Tracks assets performance, identifying areas for improvement, and develops strategies to optimize efficiency;
- Collects, analyzes, and interprets data related to assets’ performance, maintenance, and costs; and
- Completes analysis including level of service to determine trigger points and validates the need to move forward with recommended maintenance and replacement programs;
- Sets and prioritizes the level of maintenance required for assets, which includes the use of asset condition data for trend analysis to determine state of good repair levels and expected levels of service.
Provides Asset Management leadership. This includes but is not limited to:
- Collaborates with staff to ensure a consistent approach and commitment to successfully implementing the Asset Management Strategy.
- Raises staff awareness and understanding of asset management and its importance in organization-wide long term planning.
- Helps staff to incorporate asset management into routine operations.
- Supports the provision of efficient municipal operations and ensures that staff are trained in maintenance management.
- Collaborates with staff to identify opportunities to improve asset management practices and help implement changes that benefit decision-making.
- Develops and documents procedures to ensure accurate data collection
- Incorporates appropriate changes to the asset management program, operating guidelines and procedures based on research, input and recommendations from end users and industry standards
Lifecycle Planning & Capital Budgeting. This includes but is not limited to:
- Champions the development of lifecycle cost strategies and prepares lifecycle evaluations for capital assets;
- Analyzes and recommends asset…
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