IRFC

Qualification in Details:

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

2. Qualification : (i) The applicant should be a Chartered Accountant or Cost Accountant or a full time MBA/PGDM course with good academic record from a recognized University/Institution. (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./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’ as mentioned in Para 4(iii) below. 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.

3. 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 organization 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. (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 Age of superannuation 60 years Internal Others Minimum Maximum Minimum Maximum 45 2 years of residual service as on the date of vacancy w.r.t. the date of superannuation. 45 3 years of residual service as on the date of vacancy w.r.t. the date of superannuation. senior level during the last ten years in the area of Corporate Financial Management/ Corporate Accounts

4. Pay Scale : 
(i) Rs. 7250-8250 (IDA) Pre 01/01/1992
(ii) Rs. 9500-11500 (IDA) Post 01/01/1992
(iii) Rs. 20500-26500 (IDA) Post 01/01/1997
(iv) Rs. 51300-73000 (IDA) Post 01/01/2007
(v) Rs. 120000-280000 (IDA) Post 01.01.2017
(vi) Rs. 18400-22400 (CDA) Pre-revised
(vii) Rs. 37400-67000 + GP 10000 (CDA)
(viii) Rs. 144200-218200 (Level 14) CDA

5. Condition : Central Government Officers, including those of the Armed Forces of the Union and the All India Services, will be eligible for consideration only on immediate absorption basis.

6. Duration : The appointment shall be for a period of five years from the date of joining or upto the date of superannaution or until further orders, whichever is earlier.