NALCO invites job applications for Director (Finance)

NALCO recruitment 2020: National Aluminium Company Limited (NALCO), a Navratna PSU under the Ministry of Mines, has posted a job through the PESB portal for engagement of Director (Finance) for the company. Eligible candidates can apply online before April 7. The post is vacant since December 17, 2019.

Director (Finance) is a member of the Board of Directors and reports to the Chairman and Managing Director (CMD). He/She is overall in-charge of finance and accounts functions of the organization and is responsible for evolving and formulating policies relating to finance and accounts as well as implementation thereof.

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

Age Limit: Minimum age limit 45 years and age of superannuation 60 years

Employment status

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

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

(b) Central Government including the Armed Forces of the Union and All India Services;

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

Qualifications

(i) The applicant should be a Chartered Accountant or Cost Accountant or a full-time MBA/PGDM course with a good academic record from a recognised university or institution.

(ii) Officers of organised 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 government or Armed Forces of the union or all India services will also be exempted from the educational qualifications. In respect of applicants from the organised group 'A' Accounts Services/Central Government/Armed Forces of the Union/All India Services, Chartered Accountant/Cost Accountant/ MBA/ PGDM will be a desirable educational qualification.

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 organisation of repute.

(ii) Applicants from organized 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.

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