BMRCL jobs for Director Finance in Bangalore. Last Date to apply: 30 Apr 2021
Job Description
No. BMRCL/0103/DF/2021/C-27275
MRCL invites applications from qualified and experienced personnel for appointment to the post of Director (Finance) on “Contract basis” or “Deputation” only.
MRCL invites applications from qualified and experienced personnel for appointment to the post of Director (Finance) on “Contract basis” or “Deputation” only.
1. Position: Director (Finance)
2. Job Description And Responsibilities:
a. The Director (Finance) will be a member on the Board of Directors of the company and will report to the Managing Director. He / She will be responsible for all Finance and Accounts functions of the company including but not limited to the following: Overall supervision of the finance and accounts functions of the company. Funds management (receipts, payments, cash and bank transactions, cash and funds flow etc) including for ensuring that the financial resources are secured and funds deployed efficiently and effectively. Ensuring financial reporting including P&L, Balance Sheet etc., duly audited by Internal Audit/ Statutory Audit. Project related financial planning, follow up with funding agencies, submission of compliance, narrative and MIS. Co-ordination with Government of Karnataka, Government of India, Financial Institutions in India and Abroad. Overseeing installation of ERP packages in respect of modules relating to Finance and Accounts. Improving and implementing a comprehensive financial management plan that will ensure an efficient, effective and sustainable programme consistent with Project Policies
3. Essential Qualification and Experience:
a. Should be Graduate and Member of the Institute of Charted Accounts of India/Institute of costs and Work Accounts of India /MBA with specialization in finance from a reputed management institute such as the Indian Institute of Management. Candidate should have at least 25 years of post-qualification experience in Project Finance / Finance /Accounting/ Audit /setting up of Financial, Accounting and Audit systems and procedures in a large public or private sector organization of repute. Out of the 25 years’ experience at least 7 years should be at the level of General Manager / Group General manager or equivalent.
b. Candidate should have knowledge and experience in managing financial and accounting software. Candidate should be well versed with the latest accounting standards including GAAP, as well as development related to IFRS, Ind-AS taxation, investment and portfolio management, raising of funds, tender processes and contracting. Should have proven ability to handle related functions independently and lead a team of finance, accounting and Tax professionals.
4. Desirables: Experience of arranging funding from the Global multilateral and bilateral funding agencies and appraisal exercise and negotiations thereof, FEMA guidelines, ECB norms and RBI compliance and related issues. Should have worked in a computerized environment and should be familiar with available accounting and financial management software. International competitive bid- processing based on Global funding agency guidelines. Experience of working in a Metro Rail organization. The experience criteria will be relaxed for very deserving candidates.
5. Medical Standard: Applicants should be of sound health and should meet the medical standards prescribed by the Company. Appointment of selected candidates will be subject to medical fitness. No relaxation in health standard is allowed.
6. Pay Scale For Direct Recruitment: Consolidated remuneration of Rs.3,00,000/-per month (Rs.2,75,000 pay and Rs. 25,000/- HRA) + other applicable allowances.
7. Tenure And Age Of Retirement: The tenure of the Director is 5 years or 60 years of age whichever is earlier, extendable up to 62 years at the discretion of the Board.
8. Other facilities as per rules of the Company including the following: Chauffeur driven Car, Reimbursement of outpatient medical expenses upto one month’s basic pay-p.a, Medical and Personal Accident Insurance coverage, Newspaper allowance, Mobile / Residential telephone
Age Limit:
For Direct Recruitment: Minimum age 50 years but not more than 57 years as on the date of this notification, For Deputation: Minimum age 50 years but not more than 57 years as on the date of this notification.
Job Particulars
Role accountant
Who can apply Freshers
Hiring Process Face to Face Interview
Employment TypeFull Time
Job Id1159664
Job Category Govt Jobs , 1 to 3 Yr Exp , Finance
Locality Address
State Karnataka
Country India
About Company
Several MRTS proposals for Bangalore have been in the pipeline for nearly 24 years. In 1982, a study suggested that the MRTS should have a route length of 12.20 km. and pegged the cost at Rs. 239.15 crores.
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