Director and Finance

Director and Finance

Director and Finance

No. : 7/8/2020-PESB

Block No. 14, C.G.O Complex, Lodhi Road

New Delhi- 110003

Dated : 02/11/2021

Director and Finance

Name Of The CPSECement Corporation of India Ltd. (CCI)
Name Of The Post Director (Finance)
Date Of Vacancy07/03/2021
Last of Date Receipt24/12/2021
Schedule Of The CPSESchedule B
Scale Of The Post Rs. 65000-75000
official Websitehttps://pesb.gov.in/

I. COMPANY PROFILE

Cement Corporation of India Limited(CCI) was incorporated under the Indian companies Act, 1956
with the objective to explore limestone reserves and setting up of sufficient manufacturing capacity
of cement in the public sector to meet the domestic requirement. It has 9 units spread over 7
states, out of which three units located at Bokajan in Assam; Rajban in Himachal Pradesh and
Tandur in Telangana are operational and rest are closed units. CCI is a CPSE in Consumer Goods
sector with the administrative jurisdiction of Ministry of Heavy Industries.
Its Registered and Corporate offices are at New Delhi.The authorised and paid up capital of the
Company was Rs 900 crores and Rs. 811.41 crores respectively as on 31.03.2021.The company
employed 486 regular employees (Executives 144 and Non-excecutives 342 ) as on 31.03.2021.
The shareholding of the Government of India in the Company is 100% as on 31.03.2021.CCEA on
27.10.2016 has approved that “Units of CCI, wherever legally permissible, be disinvested, unit
wise or in groups of units, to strategic buyer identified, through two stage auction process”.
Accordingly, the disinvestment of the untis of CCI is presently underway.

II. JOB DESCRIPTION AND RESPONSIBILITIES

The Director (Finance) is a member of Board of Directors and reports to Chairman and Managing
Director. He/She is overall in-charge 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.

III. ELIGIBILITY

1. AGE : On the date of occurrence of vacancy (DOV)

Age of superannuation 60 years
InternalOthers
MinimumMaximumMinimumMaximum
402 years residual service as on
the date of vacancy w.r.t. the
date of superannuation.
402 years residual service as on
the date of vacancy w.r.t. the
date of superannuation.

2. EMPLOYMENT STATUS:

The applicant must, on the date of application, as well as on the date of interview, be employed
in a regular capacity – and not in a contractual/ad-hoc capacity – in one of the followings:-
(a) Central Public Sector Enterprise (CPSE) (including a full-time functional Director in the
Board of a CPSE);
(b) Central Government including the Armed Forces of the Union and All India Services;
(c) State Public Sector Enterprise (SPSE) where the annual turnover is *Rs 750 crore or more;
(d) Private Sector in company where the annual turnover is *Rs 750 crore or more.
Preference would be given to candidates from listed Companies.

(* The average audited annual turnover of three financial years preceding the calendar year in
which the post is advertised shall be considered for applying the approved limits)

3. 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 Accountants.
(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.

4. 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.

5. PAY SCALE:

(a)Central Public Sector Enterprises

Eligible Scale of Pay

(i) Rs. 6250-7475 (IDA) Pre 01/01/1992
(ii) Rs. 8520-10050 (IDA) Post 01/01/1992
(iii) Rs. 18500-23900 (IDA) Post 01/01/1997
(iv) Rs. 43200-66000 (IDA) Post 01/01/2007
(v) Rs. 100000-260000 (IDA) Post 01.01.2017
(vi) Rs. 14300-18300 (CDA) Pre-revised
(vii) Rs. 37400-67000 + GP 8700 (CDA)
(viii) Rs. 123100-215900 (Level 13) CDA

The minimum length of service required in the eligible scale will be one year for internal
candidates, and two years for others as on the date of vacancy.

(b)
(i) Applicants from Central Government / All India Services should be holding a post of
the level of Director in Government of India or carrying equivalent scale of pay on the date
of application.

(ii) Applicants from the Armed forces of the Union should be holding a post of the level
of Brigadier in the Army or equivalent rank in Navy/Air Force on the date of application.

(c)
Applicants from State Public Sector Enterprises/ Private Sector should be working at
Board level position or at least a post of the level immediately below the Board level on the
date of application.

6. CONDITION OF IMMEDIATE ABSORPTION FOR CENTRAL GOVERNMENT OFFICERS

Central Government Officers, including those of the Armed Forces of the Union and the All
India Services, will be eligible for consideration only on immediate absorption basis.

Official Websitehttps://pesb.gov.in/
How To Check    –    Click Hare7-8-2020-PESB_1

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