Director Finance jobs in Public Enterprises Selection Board

Selection for the post of Director (Finance), National Jute Manufacturers Corporation Ltd.(NJMC) in Schedule 'C' scale of pay.

The Public Enterprises Selection Board (PESB) is seeking qualified candidates for the post of Director (Finance), National Jute Manufacturers Corporation Ltd.(NJMC) in Schedule 'C' scale of pay of Rs.10000-400-12000 (post 1992). A copy of the job description for the post is enclosed.

It is requested that names of candidates seniority-wise who are found suitable for the said post as per the requirements indicated in the job description alongwith their up-to-date bio-data (in the prescribed form) duly endorsed may kindly be forwarded to PESB by 3rd November, 2009. It is also requested that advance action may be taken to keep the ACRs for the last 5 years, of those candidates ready alongwith their latest vigilance profile [(i) penalty imposed, if any during the last 10yeasrs (ii) details of disciplinary action initiated/being initiated if any, etc.] to be furnished as and when the selection meeting is scheduled.

In case the relevant details are not received within the stipulated time, it will be assumed that there are no eligible candidates to be sponsored for the post.

NAME OF THE PSU : NATIONAL JUTE MANUFACTURERS CORPORATION LTD (NJMC).

NAME OF THE POST : DIRECTOR (FINANCE)

DATE OF VACANCY : 03.10.2008

SCHEDULE OF THE POST : "C"

SCALE OF THE POST : Rs.10000-400-12000 (post 1992)

1. COMPANY PROFILE:
National Jute Manufacturers Corporation Ltd.(NJMC) was incorporated under the Indian Companies Act, 1956 with an objective to takeover six jute mills, the management of which was earlier taken over by the Govt. of India under the Industries (Development and Regulation) Act, 1951. NJMC is engaged in manufacturing of jute goods through its six units at North 24 Paragnas, Howrah and Kolkatta in West Bengal and Katihar in Bihar. It has one subsidiary namely Birds Jute and Exports Ltd. A Revival Scheme prepared by IDBI has been recommended by BRPSE. It is proposed to operate 3 Units of NJMC Ltd. viz; Khardah, Kinnision and RBHM through Public Private Partnership. The final Revival Plan will be submitted to BIFR where the case of NJMC Ltd. is pending, for sanctioning the Revival Plan. NJMC is a schedule ‘B’ PSE under the administrative control of Ministry of Textiles.

Its Registered and Corporate offices are in Kolkatta (West Bengal).

The authorized and paid up capital of the Company is Rs. 60 crore and Rs. 55.80 crore respectively as on March 31, 2008.

The shareholding of the Government of India in the company is 100%.

JOB DESCRIPTION AND RESPONSIBILITIES:

Director (Finance) is a member of Board of Directors and reports to Chairman and Managing Director. He is overall incharge of finance and accounts of the organization, and is responsible for evolving and formulating policies relating to finance and accounts as well as implementation thereof.

ELIGIBILITY

I. AGE: On the date of occurrence of vacancy:

(i) Minimum 40 years;

(ii) Not more than 57 years for internal candidates and not more than 56 years
for others;

The age of superannuation is 58 years.

QUALIFICATION AND EXPERIENCE:

The incumbent should be a Cost Accountant/Chartered Accountant/MBA with specialization in Finance with a good academic record from a recognized university/institution.

He should have managerial experience at a senior level in corporate financial management
and accounts including Cost and Budgetary Control, Institutional Finance, Working Capital Management in an organization of repute.

Provided that minimum qualification is relaxable in the case of internal candidates with sound and adequate background and experience.

Last date of receipt of applications in PESB is 3rd November, 2009. No application shall be entertained under any circumstances after the stipulated date. Incomplete applications are liable to be REJECTED.

Applications are to be addressed to the address given in the Company address column


ALL CORRESPONDENCE TO THE PUBLIC ENTERPRISES SELECTION BOARD SHOULD BE ADDRESSED TO SECRETARY, PUBLIC ENTERPRISES SELECTION BOARD ONLY.

Name: Public Enterprises Selection Board
Employer Address: Dr. P. S. Behuria, Secretary, Public Enterprises Selection Board, Public Enterprises Bhawan, Block No. 14, CGO Complex, Lodhi Road, New Delhi-110003.
Email: Only by Postal
URL: http://www.persmin.nic.in/PESB/Vacancy/NJMC-DIRF280809.htm