SECI is looking to hire Director (Finance); click for details

SECI has invited job applications for the post of Director (Finance). Eligible and interested candidates can apply for the job before December 22, 2022
SECI is looking to hire Director (Finance); click for details
SECI is looking to hire Director (Finance); click for details

SECI Recruitment 2022: The Ministry of New and Renewable Energy (MNRE) releases a job notification for the engagement of the Director (Finance) at Solar Energy Corporation of India Limited (SECI). Eligible and interested candidates can apply before December 22. The Director (Finance) post at SECI will fall vacant on June 1, 2023. Presently, C Kannan is serving as Director (Finance) at SECI.

Director (Finance) is a member of the Board of Directors and reports to the Managing Director. He/She is overall in charge of the finance and accounts of the organization and is responsible for evolving and formulating policies related to finance and accounts as well as implementation thereof towards the fulfilment of goals and objectives of the company. He/She is responsible for guiding the organization towards profitability and long-term success by appropriate financial planning for the organisation including assessing all possible risks and helping the organisation make financial decisions after required due diligence. He/She is also responsible for organisation's compliance to financial regulations/ laws and guidelines. He/She will also be responsible for developing a financial strategy, monitoring expenditure, monitoring cash flows, evaluating investments, managing tax compliance, accounting, budgeting, managing risk and improving financial processes.

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

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 1500 crore or more;
(d) Private Sector in a company where the annual turnover is *Rs 1500 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/PGDM course with specialization in Finance, with a good academic record from a recognised university or institution. Preference would be given to Chartered Accountants.

(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'

In respect of applicants from Organized 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.

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/ 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/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/ 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 download the official notification.

(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.)

logo
PSU Watch
psuwatch.com