South Eastern Coalfields Limited invites applications for the post of Director (Finance)

South Eastern Coalfields Limited

South Eastern Coalfields Limited invites applications for the post of Director (Finance)

The coal reserves of SECL are spread over two states, viz., Chhattisgarh (CG) and Madhya Pradesh (MP) and the Company is currently operating 67 mines with 40 mines situated in the state of Chhattisgarh and 27 mines situated in Madhya Pradesh. These 67 mines comprise of 47 Underground (UG) mines and 20 Opencast (OC) mines. The Company also operates a Coal Carbonization Plant, namely, Dankuni Coal Complex (DCC) at Dankuni, Hooghly District in the State of West Bengal on lease basis from Coal India Limited. For effective administrative control operations, the mines have been ground into three coalfields, namely, ‘Korba-Rewa Coalfields’, ‘Korba Coalfields’ and ‘Mand-Raigarh Coalfields’ administratively divided into 13 Operating Areas. The Authorized share capital and Paid-up share capital of the Company is Rs. 1,300.00 Crore and Rs. 668.06 Crore respectively. The entire Paid-up share capital is held by Coal India Limited and its Nominees.

Name of the post: Director (Finance)

Date of Vacancy: 01.07.2024

Scale of the post: Rs. 160000 – 290000 (IDA)

Last Date of Application: 24.11.2023

Job Description and Responsibilities: Director (Finance) is a member of the Board of Directors and reports to Chairman and Managing Director. He/She is overall in charge of the finance and accounts of the organization and is responsible for evolving and formulating policies related to finance and accounts as well as implementation thereof.

Age : On the date of occurrence of vacancy (DOV) Minimum 40 Years, Maximum -3 years residual service as on the date of vacancy w.r.t. the date of superannuation.

Qualification:

(i) The applicant should be a Chartered Accountant or Cost Accountant or a full time MBA/PGDM course having specialization in Finance with good academic record from a recognized University/Institution. Preference would be given to Chartered Accountant.

(ii) Officers of Organized Group ‘A’ Accounts Services [i.e. Indian Audit and Accounts Service, Indian Defence Accounts Service, Indian Railway Accounts Service, Indian Civil Accounts Service, Indian P&T Accounts & Finance Service and Indian Cost Accounts Service] working in the appropriate level are exempted from these educational qualifications.

(iii) Further, applicants from the Central Govt./Armed Forces of the Union/All India Services, will also be exempted from the educational qualifications as per (i) above provided the applicants have ‘the relevant experience’ as mentioned in Para 4(iii) below.

In respect of applicants from Organized Group ‘A’ Accounts Services/Central Government/Armed Forces of the Union/All India Services, Chartered Accountant/Cost Accountant/MBA/PGDM will be a desirable educational qualification.

Experience:

(i) The applicant should have at least five years of cumulative experience at a senior level during the last ten years in the area of Corporate Financial Management/Corporate Accounts in an organization of repute.

(ii) Applicants from Organized Group ‘A’ Accounts Services should have at least five years cumulative experience at a senior level during the last ten years in the area of Corporate Financial Management/ Corporate Accounts.

(iii) ‘The relevant experience’ in respect of applicants from Central Government/Armed Forces of the Union/All India Services would include at least seven years of cumulative experience at a senior level during the last ten years in the area of Corporate Financial Management/ Corporate Accounts.

Last Date of Application: 15.11.2023

Applicants should submit their applications on-line only as per the format.

1. The applicants should submit their applications through proper channel as follows:

(a) Group ‘A’ Central Government Officers, including those of the Armed Forces of the Union and
All India Services; through Cadre Controlling authority.
(b) Officers from Public Sector Banks/ Financial Institutions/ Autonomous Bodies, etc: through their Administrative Ministry/ Department of the Govt. of India.
(c) CMDs/MDs/Functional Directors in CPSE: through the concerned Administrative Ministry;
(d) Below Board level in CPSE: through the concerned CPSE;
(e) CMDs/MDs/Functional Directors in State PSE: through the concerned Administrative Secretary and Cadre Controlling Authority, if any, of the State Government;
(f) Below Board level in SPSE: through the concerned SPSE.
(g) Private Sector: directly to the PESB.

2. Applicants from Private Sector must submit the following documents along with the application form:

(a) Annual Reports of the Company in which currently working for the 3 financial years preceding the calendar year in which the post is advertised (please provide URL or attach/enclose copies);
(b) Whether the company is listed or not; if yes, the documentary proof (please provide URL or attach/enclose copies);
(c) Evidence of working at Board level or at least a post of the level immediately below the Board level;
(d) Self-attested copies of documents in support of age and qualifications;
(e) Relevant Jobs handled in the past with details.

Click here for detailed terms and conditions | Apply online

THE APPLICANTS CAN EITHER

(a) fill up the Application Form online only against this Job Description on the website of PESB – https://pesbnew.nic.in/ and thereafter forward it online, as specified in para V(1) of detailed terms and conditions;
Or
(b) fill up the Application Form online only against this Job Description on the website of PESB – https://pesbnew.nic.in/, take a printout and send it offline, as specified in para V(1) of detailed terms and conditions.

Applications are to be addressed to:

Secretary,
Public Enterprises Selection Board, Public Enterprises Bhawan,
BlockNo. 14, CGO Complex, Lodhi Road, New Delhi-110003.