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Ministry of Shipping Recruitment 2016 – 01 Vacancy – Director (Finance) – 75,000 Salary – CA,MBA

Ministry of Shipping has issued a recruitment notification for the recruitment of Director (Finance) through recruitment notification . Candidates who have completed CA,MBA  can apply for the new recruitment notification from Ministry of Shipping.

Eligible candidates can apply online  for the Director (Finance) Job on or before 19/2/2016. Find more information about the vacancy like Age limit, Selection Process, Qualification, Application fee, How to apply etc can be found below.

Company Name :  Ministry of Shipping
Vacancy Name : Director (Finance)
Educational Qualification : CA,MBA/PGDM
Total No of Vacancy : 01 post
Salary : : Rs. 65,000 – 75,000/-per month
Job Location : Across India
Last Date to Apply for this job :19/2/2016
Address for the Job Vacancy :Ministry of Shipping ,Across India

Detail of  Post :

COMPANY PROFILE The Government of India has formed a special purpose vehicle (SPV), Indian Port Rail Corporation Limited, as a public limited company under Companies Act, 2013 to provide efficient rail evacuation systems to Major Ports and thereby enhance their handling capacity and efficiency. The Company would undertake projects involving last mile connectivity to Major Ports, modernization of evacuation infrastructure in Ports, operate and manage internal Port Railway system and raise financial resources for funding Port related Railway Projects. The Company is funded by 11 Major Ports and the Rail Vikas Nigam Limited (RVNL). Major Ports have contributed 90 percent of the equity with RVNL contributing the rest. The SPV has been registered as a Company under the Companies Act, 2013 with an initial authorized capital of Rs. 500 crore and paid-up capital of Rs. 100 crore. It is also proposed to raise resources from multilateral funding agencies and other financial institutions to finance Port Connectivity Projects

Organization Name : Indian Port Rail Corporation Limited

Title of Job : Director (Finance)

No. of Posts : 01 (One)

Date : Tenure : 05 (Five) Years

Scale of Pay : Rs. 65000 – 75000/- (Revised)

JOB DESCRIPTION AND RESPONSIBILITIES  Overall in charge of finance and accounts of the organization  Advise MD and Board of Directors on all important matters having financial bearing or implications on the affairs of the Company.  Formulate policies relating to Finance and Accounts including long term operating and capital budget/plan  Mobilize finances from the open market as and when necessary  Assess the financial resources of the Company and consider ways for optimum deployment and utilization of financial resources  Prepare annual accounts of the company Functional control, coordination and monitoring of finance and accounting functions of the project(s) and field works held by the company

ELIGIBILITY A. Age As on the Date of Advertisement: Not more than 57 years Age of superannuation is 60 years.

Qualifications and Experience The applicant should be a qualified Chartered Accountant/ MBA (Finance)/ PGDBA (Finance) from a recognized University/ Institution. He should possess managerial experience at a senior level in corporate finance, risk management and accounts including project finance, raising of resources from domestic & international sources including Multilateral Agencies and alternate funds like IDFs etc., with minimum 25 years of service experience. Preference will be given to candidates with experience in Project Appraisal and Project Finance i.e. raising long term funds from domestic and international sources.

Pay Scale/Turnover 1. Public Sector Executives Executives holding posts in the pay scale of: (i) Rs. 51300-73000/- (post 1.1.2007 scale) with Industrial DA (ii) Rs.18400-22400 with Central DA.(pre-revised) (iii) Rs.37400-67000 with Grade Pay of Rs.10,000/- Central DA (Revised 1.1.2006) The minimum length of service required in the eligible scale will be 03 (three) years as on date of advertisement.

Selection Procedure : 

Candidates can apply on or before    19/2/2016.

No detailed information about the selection procedure is mentioned in the recruitment notification.

How to apply ? :

GENERAL CONDITIONS i. All qualification should be recognized by UGC/AICTE/AIU(GOI)

Additional weightage may be given to candidates having additional relevant or higher qualifications.

Candidates, who are presently employed in Private Sector Banks / NBFCs & other institutions, must spell out clearly that his/her designation and scale in his Present Organization is equivalent to or above of that mentioned herein above. These candidates, are required to submit a copy of the Organization Structure and Pay Scale of the present employment (duly signed by the candidate) to justify their eligibility for a particular post, in the absence of which the application shall not be considered.

Company reserves the right to raise / modify the eligibility criteria in minimum educational qualification and/or minimum work experience. v. Appointment shall be subject to Service and Conduct Rules of the company.

The company takes no responsibility for any delay in receipt or loss in postal transit of any application or communication. Candidates in their own interest are advised to submit applications well in time before the last date to avoid possible delay in postal transit. Application received after due dates will be summarily rejected.

In case it is detected at any stage of recruitment that a candidate does not fulfil the eligibility norms and/or that he/she has furnished any incorrect / false information / certificate / documents or has suppressed any material fact(s), his/her candidature will stand cancelled. If any of these shortcomings is/are detected even after appointment, his/her services are liable to be terminated.

Any request for change of address / change of centre for group discussion and / or interview shall not be entertained.

The company has the right to reject any application/ candidature at any stage without assigning any reason and the decision of company shall be final.

The company has the right to reject entirely or partially the selection/advertisement at any stage without assigning any reason and the decision of company shall be final in this regard.

Any resulting dispute arising out of this advertisement shall be subject to the sole jurisdiction of the Courts situated at Delhi.
Canvassing in any form will be a disqualification. xiii. Communication shall be sent at the Present Address mentioned by the Candidate in the application form.

Any changes /modifications in the advertisement will be placed on the website of Ministry of Shipping/IPA only. Candidates applying for the post are advised to visit the website regularly for updates.

Self-Attested Photocopies of all certificates /testimonials are to be provided with the application form including:- a. Educational/ Professional Certificates (right from class Xth to the latest) b. Experience Certificates (including Appointment & Relieving letters of all previous employers) c. Caste Certificate (in case of SC/ST and OBC), d. Certificate of Ex-Servicemen(in case) e. Copy of last drawn Salary, etc. No certificate in original is required to be attached with the application. Ministry of Shipping/Indian Ports Association shall not be responsible for misplacement of such certificates.

Last date of receipt of applications in Indian Port Rail Corporation Limited is 19th February 2016. No application shall be entertained under any circumstances after the stipulated date. Incomplete applications are liable to be REJECTED. Company reserves the right to shortlist candidates for interview.Applications are to be addressed to Managing Director, Indian Port Rail Corporation Limited, c/o Indian Ports Association, 1 st floor, South Tower, NBCC Place, B P Marg, Lodi Road, New Delhi – 110 003

Important dates to remember :

Last Date to Apply for this job 19/2/2016




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