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DIRECTOR FINANCE--POWER GRID CORPORATION Vacancy Details

Discussion in 'Jobs' started by Royaluni, Sep 14, 2015.

  1. Royaluni

    Royaluni Administrator

    DIRECTOR (FINANCE), POWER GRID CORPORATION OF INDIA LIMITED in schedule 'A' of the CPSE.

    The Public Enterprises Selection Board (PESB) is seeking qualified candidates for the post of

    DIRECTOR (FINANCE), POWER GRID CORPORATION OF INDIA LIMITED in schedule "A" of the CPSE, the scale of pay of the post being Rs. 75,000-1,00,000/- (REVISED). A copy of the job description for the post is enclosed.

    It is requested that names of candidates seniority-wise who are eligible as per job description for the said post along with their up-to-date bio-data (in the prescribed form) duly endorsed may kindly be forwarded to PESB by 12th November 2015. It is also requested that advance action may be taken to keep the ACRs for last 5 years, of those candidates ready along with their latest vigilance profile [(i) penalty imposed, if any during the last 10 years (ii) details of disciplinary action initiated/being initiated if any, etc.] to be furnished as and when the selection meeting is scheduled.

    In case the relevant details are not received within the stipulated time, it will be assumed that there are no eligible candidates to be sponsored for the post.

    NAME OF THE PSU-- POWER GRID CORPORATION OF INDIA LIMITED

    NAME OF THE POST-- DIRECTOR (FINANCE)

    DATE OF VACANCY-- 01/09/2016

    SCHEDULE OF THE CPSE—A

    SCALE OF THE POST-- Rs. 75,000-1,00,000/- (REVISED)

    JOB DESCRIPTION AND RESPONSIBILITIES: Director (Finance) is a member of Board of Directors and reports to the Chairman and Managing Director. He is overall in charge of finance and accounts functions of the organization and is also responsible for formulation of policies relating to finance and accounts, and implementation thereof

    ELIGIBILITY

    AGE: On the date of occurrence of vacancy (DOV)

    Internal Candidate-Minimum 45 Maximum 58

    Others – Minimum 45 Maximum 57

    The age of superannuation is 60 years

    II. 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 – as one of the

    following:-

    (i) An officer of a Central Public Sector Enterprise (CPSE) (including a full-time

    functional Director in the Board of a CPSE);

    (ii) An officer of the Central Government/ Armed Forces of the Union;

    (iii) An officer of an All India Service.

    III. QUALIFICATION AND EXPERIENCE:

    The incumbent should be a Cost Accountant/Chartered Accountant/MBA (with specialization

    in Finance) with good academic record from a recognized university/institution.

    He should have managerial experience at a senior level in corporate financial management

    and accounts including Cost and Budgetary Control, Institutional Finance and Working

    Capital Management in an organization of repute.

    Minimum qualification is relaxable in the case of internal candidates and Government officers

    with relevant and adequate background and experience.

    IV. PAY SCALE:

    (a) Officers of CPSEs.

    Candidate should, on the date of vacancy, be working in the following or a higher pay

    scale:

    Rs. 7250-8250 (IDA)

    Rs. 9500--11500 (IDA) Post 01.01.1992

    Rs. 20500--26500 (IDA) Post 01.01.1997

    Rs. 51300--73000 (IDA) Post 01.01.2007

    Rs. 18400-22400 (CDA)

    Rs. 37400--67000 + GP Rs. 10000 (CDA)

    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.

    (b) Officers of Central Govt/ Armed Forces of the Union/ All India Services

    Candidate should, on the date of application, be in the following or a higher pay

    scale/ rank:

    (i) Officers of Central Govt./ All India Services holding a post of the level of Joint

    Secretary in Govt. of India or carrying equivalent scale of pay;

    (ii) Officers of Armed Forces:- Major General in the Army or equivalent rank in

    Navy/Air Force.

    V. Condition of Immediate Absorption for Government Officers

    Government Officers, including those of the Armed Forces, will be eligible for

    consideration only on immediate absorption basis.

    4. DURATION OF APPOINTMENT

    The appointment shall be for a period of five years or upto the date of superannuation

    whichever is earlier.

    5. SUBMISSION OF APPLICATIONS

    Prospective candidates from the Central Public Sector and Government officers shall submit

    their applications, through proper channel, in the format at Annexure.

    The applications for various categories of the officers are routed through proper channel

    as follows:

    a) For Government Servants: through Cadre Controlling authority.

    b) For CMD's/MD's/Director's in CPSE: through the concerned administrative

    Ministry.

    c) For below Board level in CPSE: through the concerned CPSE.

    6. UNDERTAKING BY THE APPLICANT/CANDIDATE

    a) An applicant has to give an undertaking as a part of the application that he/she will join the

    post, if selected. If an applicant does not give such undertaking, the application would be

    rejected.

    b) If a candidate who appeared for the interview and is selected by the PESB, conveys his/her

    unwillingness to join after the interview is held, but before the appointment is processed,

    he/she would be debarred for a period of two years for being considered for a Board level

    post in any CPSE other than the one to which the candidate belongs.

    c) If a candidate gives his/her unwillingness to join after the issue of offer of appointment,

    he/she would be debarred for a period of two years from the date of offer of appointment from

    being considered for a Board level post in any CPSE other than the one to which the

    candidate belongs.

    d) In the above cases, no request for relaxation or otherwise would be entertained.

    Annexure may be downloaded from the website of PESB.

    Last date of receipt of applications in PESB is 12th November 2015. No application shall

    be entertained under any circumstances after the stipulated date. Incomplete

    applications and applications not submitted as per the prescribed format are liable to be

    REJECTED.

    Board reserves the right to shortlist candidates for interview.

    Applications are to be addressed to SHRI RAJIV RAI, Secretary, Public Enterprises Selection

    Board, Public Enterprises Bhawan, Block No. 14, CGO Complex, Lodhi Road, New Delhi-

    110003.

    ALL CORRESPONDENCE WITH THE PUBLIC ENTERPRISES SELECTION BOARD SHOULD

    BE ADDRESSED TO SECRETARY, PUBLIC ENTERPRISES SELECTION BOARD ONLY.

    Download Full Document
     

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