RINL Recruitment 2024: The Steel making PSU, Rashtriya Ispat Nigam Limited (RINL) has released a job notification for the engagement of Director (Finance). Eligible and interested candidates can apply for the job before August 12. The post will fall vacant on May 1, 2025. Presently, SRVGK Ganesh is serving as Director (Finance) of the organisation.

Director (Finance) is a member of Board of Directors and reports to the Chairman-cum-Managing Director (CMD). He is overall in charge of finance and accounts functions of the organisation. He is also responsible for the formulation of policies relating to finance and accounts and the implementation thereof.

Pay scale: Rs 75,000 – Rs 1,00,000 (IDA)

Age Limit: Minimum age limit is 45 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 of the date of the vacancy.

Employmeents 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 or Financial Institutions or Autonomous Bodies, etc;

(c) State Public Sector Enterprise (SPSE) where the annual turnover is *Rs 5,000 crore or more;

(d) Private Sector in company where the annual turnover is *Rs.5,000 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 Qualifications

The applicant should be a Chartered Accountant or Cost Accountant or a full time MBA or PGDM course with specialisation 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. or Armed Forces of the Union or All India Services, will also be exempted from the educational qualifications as per above provided the applicants have ‘the relevant experience’ as stipulated under experience criteria.

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 Exprience

(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 organisation 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/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 up to the date of superannuation or until further orders, whichever is earlier.

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