Jammu and Kashmir Bank J&K Bank jobs for Stock Auditor in Srinagar. Last Date to apply: 05 Jan 2022
Job Description
J and K Bank invites application for the position Stock Auditor
Name of the Post: Stock Auditor
Eligibility criteria for empanelment of Stock Auditors:
i) The Auditor should be a qualified Chartered/ Cost Accountant or a firm of Chartered/Cost Accountants, registered with Institute of Chartered Accountants of India / Institute of Cost Accountants of India.
ii) The Auditor should possess practicing experience of at least 3 years.
iii) Eligible Auditors / Audit Firms should be qualified under provisions of section 141 of Companies Act, 2013 for appointment as Auditors of the Bank.
iv) The applicant should be a citizen of India.
v) The applicant individuals / firms as well as all partners must be income tax assesse.
Desirable Attributes: Preference will be given to auditors
a. Empanelment with PSBs/FIs/DRT/High Court/Supreme Court as stock auditor shall be treated as a preferred qualification, but not mandatory for being empanelled.
b. The firms having partners/personnel with engineering background and/or partners/personal experienced with SAP environment and/or partners/personal with CISA/DISA to assist stock audit will be given preference.
c. Audit firms from UTs of J&K and Ladakh as main area of operation may be given preference for their respective UTs/areas.
Disqualifications for an Auditor:
i) Where there are common partner(s) in more than one firm, only one of such firms may be considered for empanelment.
ii) Audit firm should not in any manner be under any investigation of the government regulator or going through any disciplinary proceedings by Institute of Chartered Accountants of India (ICAI) / Institute of Cost & Works Accountants of India (ICWAI).
iii) The auditors against whom complaints have been registered with Central Bureau of Investigation (CBI) / Serious Fraud Investigation Office (SFIO) / police / court of law &/or blacklisted by any bank / Financial Institution (FI) / Indian Banks’ Association (IBA)/National Financial Reporting Authority or any other regulatory authority etc .
iv) The auditors convicted of any offence and sentenced to imprisonment / found guilty of misconduct in professional capacity / convicted under Income Tax (IT) Act &/ or Gift Tax Act &/or Service Tax Act.
v) The auditor declared as undischarged insolvent.
vi) A Central statutory auditor/ Statutory Auditor of a Business Unit / office of the Bank shall not be eligible for empanelment as stock auditor during the tenor as Statutory Auditor.
vii) Concurrent auditor of a Business Unit shall not be eligible for undertaking stock audits related to the same Business Unit, even if empanelled.
viii) Auditor/ Audit Firm blacklisted by any financial institution/Bank
Age Limit: Minimum age of the individual stock auditor should be 25 years at the time of application. In case of firms, proprietor / any of the partners should not be of age below 25 years. However, at the time of empanelment the age of individual applicant / proprietor shall not exceed 65 years. For partnership firms at least one partner should be below 65 years of age at the time of empanelment.
Job Particulars
Role accountant
Education CA
Who can apply Experienced (3 to 3+ Years)
Hiring Process Face to Face Interview
Employment TypeFull Time
Job Id1386146
Job Category Govt Jobs , Bank , 1 to 3 Yr Exp , Finance
Locality Address
State Jammu & Kashmir
Country India
About Company
Jammu and Kashmir Bank (J&K Bank) is a Scheduled Commercial Bank and one of the oldest private sector Bank in India, incorporated in 1938. Bank is listed on the NSE and the BSE and has its Corporate Headquarters at Srinagar. Bank functions as a leading bank in the Union Territories of Jammu & Kashmir and Ladakh and is designated by Reserve Bank of India as its exclusive agent for carrying out banking business for the Government of Jammu & Kashmir and Ladakh. J&K bank caters to banking requirements of various customer segments which includes Business enterprises, employees of government, semi-government and autonomous bodies, farmers, artisans, public sector organizations and corporate clients. The bank also offers a wide range of retail credit products, including home, personal loans, education loan, agriculture, trade credit and consumer lending, a number of unique financial products tailored to the needs of various customer segments.
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