PowerGrid recruitment: PowerGrid Corporation of India Limited (PGCIL), a Maharatna PSU under the Ministry of Power, has invited job applications for the post of Director (Finance) and the last date to apply December 23. The post is vacant since August 6 since K. Sreekant, then Director Finance joined as Chairman and Managing Director of PowerGrid.
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 the finance and accounts of the organisation and is responsible for evolving and formulating policies related to finance and accounts as well as implementation thereof.
Age Limit: Minimum: 45 years
Age of superannuation: 60 years
Pay scale: Rs 1,80,000 – Rs 3,40,000 (IDA)
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 including the Armed Forces of the Union and All India Services;
(c) State Public Sector Enterprise (SPSE) where the annual turnover is *Rs 5000 crore or
(d) Private Sector in a company where the annual turnover is *Rs 5000 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)
(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 Govt./Armed Forces of the Union/All India Services will also be exempted from the educational qualifications as per (i) above provided the applicants have ‘the relevant 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/ 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/ Corporate Accounts.
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