CCIL Recruitment 2023: The Cotton Corporation of India Limited (CCIL) has released a job notification for the engagement of e Director (Finance). Eligible and interested candidates can apply for the job before November 11. The post is vacant since April 3, 2023.

The Director (Finance) CCIL is a member on the Board of Directors and reports to Chairman-cum-Managing Director (CMD). He/she shall be in-charge of Finance Budgeting and Accounts functions of the organisation. He/she is responsible for formulation of policies relating to finance and accounting and implementation thereof. He/she is also responsible for ensuring compliances with all relevant laws as well as suggestion and implementation of required system improvement.

Pay scale: Rs 1,80,000 – Rs 3,40,000 (IDA)

Age Limit: Minimum age limit is 40 years and the age of superannuation is 60 years

The minimum length of service required in the eligible scale will be one year for internal candidates, and two years for others as on the date of vacancy.

Employment status

The applicant must, on the date of application, as well as on the date of interview, be employed in a regular capacity – and not in a contractual/ad-hoc capacity – in one of the followings:-

(a) Central Public Sector Enterprise (CPSE) (including a full-time functional Director in the Board of a CPSE);

(b) Central Government Group 'A' officers including the Armed Forces of the Union and All India Services and officers from Public Sector Banks/ Financial Institutions/ Autonomous Bodies etc;

(c) State Public Sector Enterprise (SPSE) where the annual turnover is *Rs 1,000 crore or more;

(d) Private Sector in company where the annual turnover is *Rs 1,000 crore or more.

Preference would be given to candidates from listed companies.

(*The average audited annual turnover of three financial years preceding the calendar year in which the post is advertised shall be considered for applying the approved limits.)

Educational Qualification

(i) The applicant should be a Chartered Accountant or Cost Accountant or a full time MBA or PGDM course with specialization in Finance with good academic record from a recognised university or institution. Preference would be given to Chartered Accountant.

(ii) Officers of Organized Group ‘A’ Accounts Services [i.e. Indian Audit and Accounts Service, Indian Defence Accounts Service, Indian Railway Accounts Service, Indian Civil Accounts Service, Indian P&T Accounts & Finance Service and Indian Cost Accounts Service] working in the appropriate level are exempted from these educational qualifications.

(iii) Further, applicants from the Central Govt./ Armed Forces of the Union/ All India Services

In respect of applicants from organised group ‘A’ accounts services or central government or armed forces of the union or all India services, chartered accountant or cost accountant or MBA or PGDM will be a desirable educational qualification.

Work Experience

(i) The applicant should have at least five years of cumulative experience at a senior level during the last ten years in the area of corporate financial management or corporate accounts in an organization of repute.

(ii) Applicants from Organised Group ‘A’ Accounts Services should have at least five years cumulative experience at a senior level during the last ten years in the area of corporate financial management or corporate accounts.

(iii) 'The relevant experience’ in respect of applicants from Central Government or Armed Forces of the union or all India services would include at least seven years of cumulative experience at a senior level during the last ten years in the area of corporate financial management or corporate accounts.

Duration of the appointment

The appointment shall be for a period of five years from the date of joining or upto the date of superannuation or until further orders, whichever is earlier

Click here to read the full advertisement.

(PSU Watch– India's Business News centre that places the spotlight on PSUs, Bureaucracy, Defence and Public Policy is now on Google News. Click here to follow. Also, join PSU Watch Channel in your Telegram. You may also follow us on Twitter here and stay updated.)