BCCL Recruitment 2024: Apply For Director (Finance) Post

BCCL Recruitment 2024: Bharat Coking Coal Limited (BCCL) is seeking applications from qualified candidates for the position of Director (Finance). Key eligibility criteria and other essential details are provided below for the benefit of aspiring candidates.

Recruitment OrganizationBharat Coking Coal Limited
Post NameDirector (Finance)
Total Vacancies01
Application ModeOnline
Job Period05 Years
Download Official Notification

1. BCCL Recruitment 2024 : Important Dates

EventDate
Date of Notification04.11.2024
Last Date for Submission of Application02.12.2024
Last date for nodal officers to forward applications11.12.2024

2. BCCL Recruitment 2024 : Job Responsibilities

Job Responsibilities

The Director (Finance) is a key member of the Board of Directors, reporting directly to the Chairman and Managing Director. The primary responsibilities include:

1. Leadership in Finance:

  • Overall in charge of finance and accounts within the organization.

2. Policy Formulation:

  • Responsible for evolving and formulating financial policies and procedures.

3. Policy Implementation:

  • Oversee the implementation of financial policies and ensure compliance with relevant regulations.

4. Strategic Financial Planning:

  • Contribute to the strategic financial planning of the organization, ensuring alignment with overall business goals.

5. Financial Management:

  • Manage the organization’s financial resources effectively to optimize profitability and ensure long-term financial sustainability.

6. Reporting:

  • Ensure timely and accurate financial reporting to the Board and relevant stakeholders.

7. Risk Management:

  • Identify and manage financial risks to protect the organization’s assets and interests.

8. Team Leadership:

  • Lead and mentor the finance team to enhance performance and professional development.

3. BCCL Recruitment 2024 : Eligibility Criteria

Eligibility Criteria

1. Employment Status:

Applicants must be employed in a regular capacity (not contractual) in one of the following:

  • Central Public Sector Enterprises (CPSEs)
  • Central Government Group ‘A’ Officers, including Armed Forces and Public Sector Banks
  • State Public Sector Enterprises (SPSEs) with an annual turnover of Rs. 1,000 crore or more
  • Private Sector Companies with an annual turnover of Rs. 1,000 crore or more (preference for listed companies).

2. Qualification:

  • Essential:
    • Chartered Accountant (CA) or Cost Accountant (CMA), or
    • MBA/PGDM with a specialization in Finance from a recognized university.
  • Exemptions:
    • Officers from Organized Group ‘A’ Accounts Services (e.g., Indian Audit and Accounts Service) do not require these qualifications.
    • Central Government, Armed Forces, and All India Services applicants are exempt if they have relevant experience.

3. Experience:

  • Minimum of 5 years in Corporate Financial Management or Accounts at a senior level within the last 10 years in a reputable organization.
  • For Organized Group ‘A’ Accounts Services: 5 years of senior-level experience in the same areas.
  • For Central Government/Armed Forces/All India Services: 7 years of senior-level experience in Corporate Financial Management or Accounts.

4. Age Limit:

4. BCCL Recruitment 2024 : Pay Scale

Pay Scale

Central Public Sector Enterprises:

1. Pay Ranges:

  • IDA (Industrial Dearness Allowance):
    • Rs. 6250-7475 (Pre 01/01/1992)
    • Rs. 8520-10050 (Post 01/01/1992)
    • Rs. 18500-23900 (Post 01/01/1997)
    • Rs. 43200-66000 (Post 01/01/2007)
    • Rs. 100000-260000 (Post 01/01/2017)
  • CDA (Central Dearness Allowance):
    • Rs. 14300-18300 (Pre-Revised)
    • Rs. 37400-67000 + GP 8700
    • Rs. 123100-215900 (Level 13)

2. Service Requirements:

  • Internal Candidates: Must have 1 year of service at the eligible pay scale.
  • External Candidates: Must have 2 years of service at the eligible pay scale.

3. Eligibility by Sector:

  • Central Government/AIS/Autonomous Bodies: Must be in a Director-level position or equivalent.
  • Public Sector Banks/Financial Institutions: Must be at Board-level or one level below for at least 1 year.
  • Armed Forces: Must hold the rank of Brigadier or equivalent.
  • State Public Sector/Private Sector: Must be in a Board-level position or one level below.

5. BCCL Recruitment 2024 : How to Apply

How to Apply

1. Application Submission

Applicants can choose one of the following methods to submit their applications:

a.) Online Submission:

  • Fill out the Application Form online on the PESB website: PESB Website.
  • Submit the application online as specified in the guidelines.

b.) Offline Submission:

  • Complete the Application Form online at the PESB website.
  • Take a printout of the form and submit it offline to a specified address –
    • Secretary,
    • Public Enterprises Selection Board,
    • Public Enterprises Bhawan,
    • Block No. 14, CGO Complex,
    • Lodhi Road, New Delhi-110003.

2. Submission Channels Based on Employment Type

  • Central Government Officers (Group ‘A’), Armed Forces, and All India Services:
    • Submit through: Cadre Controlling Authority.
  • Public Sector Banks/Financial Institutions:
    • Submit through: Administrative Ministry/Department.
  • CMDs/MDs/Functional Directors in Central Public Sector Enterprises (CPSE):
    • Submit through: Concerned Administrative Ministry.
  • Below Board Level in CPSE:
    • Submit through: Concerned CPSE.
  • CMDs/MDs/Functional Directors in State Public Sector Enterprises (SPSE):
    • Submit through: Administrative Secretary of the State Government.
  • Below Board Level in SPSE:
    • Submit through: Concerned SPSE.
  • Private Sector Employees:
    • Apply directly to: Public Enterprises Selection Board (PESB).

3, Required Documents for Private Sector Applicants:

  • Annual Reports for the last three financial years.
  • Proof of whether the company is listed.
  • Evidence of your position at the Board level or one level below.
  • Self-attested copies of your age and qualification documents.
  • Details of relevant job experience.

4. Important Undertaking:

  • You must agree to join the post if selected. Not agreeing will disqualify you for two years from applying for similar posts in CPSEs.

5. Important Dates:

  • Last Date to Apply: 02.12.2024 by 3:00 PM.
  • Last Date for Nodal Officers to Forward Applications: 11.12.2024 by 3:00 PM.
  • Late or incomplete applications will be rejected.

Hello, friends! My name is Tarun Kumar Makode. I am the Writer and Founder of QuickJobSpot.com, where I share valuable information related to recruitment, admit cards, results, and admissions. Through this platform, I aim to keep you updated on the latest job opportunities and help you stay informed throughout your career journey.

Sharing Is Caring:

Leave a Comment