MECON Limited invites applications for the following post(s) via direct recruitment

Post Name: Chief General Manager (Finance)

Minimum Educational Qualification: Qualified Chartered Accountant from ICAI /Qualified Cost and Management Accountant from ICAI.

Minimum Post Qualification Experience Required:

1. The candidates should have extensive post qualification experience of minimum 25 years in finance as executive and familiarity with latest systems of Financial Accounting (including IndAS), EPC, Supply and Deposit jobs, PMC and Consultancy jobs, management reporting, direct and indirect taxation, Companies Act 2013, financial planning, budgeting & budgetary control, tender evaluations, financial appraisal of projects, financial concurrence of proposals, fund management,preparation & finalization of accounts and treasury management. Candidates should have experience in dealing with financial institutions/banks, statutory auditors, CAG, Rating Agencies & Govt. Departments.

2. The candidates from CPSUs/CPSEs should have minimum experience of 5 years in E7 grade of schedule - A PSU or equivalent in the pay scale 51300-3%-73000 (2nd PRC).

3. In case of other candidate, he/she should be from Public Limited Company having minimum turnover of 500 crores. The candidates should have extensive post qualification experience of minimum 25 years out of which minimum 15 years as executive in Public Limited Company (having minimum turnover of 500 crores) in finance and should have worked as head of finance for a minimum period of 5 years.

The annual CTC of such candidate should not be less than 31 Lakhs. Present emoluments should be equivalent or more than the amount of the minimum basic pay (51300) plus DA (157.30 % of Minimum BP) and Perks (47% of Minimum BP), HRA of the related below level grade and 2nd PRC pay scales of DPE, besides taking into

consideration the required period as well as level of experience. In such cases, the payment/CTC components towards performance related pay/incentives, issue of shares/bonus shares/ESOP to the employees by the Employer, superannuation benefits and any other privilege should not be considered for computation.

Accordingly, the candidate should produce the proof of their emoluments by taking the pay/basic pay, DA or similar allowances and perks only. To this effect, while applying online, the candidates should upload copy of a self declaration that the components towards incentive, shares/bonus shares/ESOP and superannuation benefits, etc as mentioned above are not considered under perks.

Post Name: Executive Director (Finance)

Minimum Educational Qualification: Qualified Chartered Accountant from ICAI / Qualified Cost and Management Accountant from ICAI.

Minimum Post Qualification Experience Required :

1. The candidates should have extensive post qualification experience of minimum 27 years in finance as executive and familiarity with latest systems of Financial Accounting (including IndAS), EPC, Supply and Deposit jobs, PMC and Consultancy jobs, management reporting, direct and indirect taxation, Companies Act 2013, financial planning, budgeting & budgetary control, tender evaluations, financial appraisal of projects, financial concurrence of proposals, fund management, preparation & finalization of accounts and treasury management. Candidates should have experience in dealing with financial institutions/banks, statutory auditors, CAG, Rating Agencies & Govt. Departments including Ministries of Govt. of India.

2. The candidates from CPSUs/CPSEs should have minimum experience of 2 years in E8 grade of schedule - A PSU or equivalent in the pay scale 51300-3%-73000 (2nd PRC).

3. In case of other candidate, he/she should be from Public Limited Company having minimum turnover of 500 crores. The candidates should have extensive post qualification experience of minimum 27 years out of which minimum 17 years as executive in Public Limited Company (having minimum turnover of 500 crores) in finance and should have worked as head of finance for a minimum period of 7 years.

The annual CTC of such candidate should not be less than 37 Lakhs. Present emoluments should be equivalent or more than the amount of the minimum basic pay (62000) plus DA (157.30 % of Minimum BP) and Perks (47% of Minimum BP), HRA of the related below level grade and 2nd PRC pay scales of DPE, besides taking into consideration the required period as well as level of experience. In such cases, the payment/CTC components towards performance related pay/incentives, issue of shares/bonus shares/ESOP to the employees by the Employer, superannuation benefits and any other privilege should not be considered for computation.

Accordingly, the candidate should produce the proof of their emoluments by taking the pay/basic pay, DA or similar allowances and perks only. To this effect, while applying online, the candidates should upload copy of a self declaration that the components towards incentive, shares/bonus shares/ESOP and superannuation benefits, etc as mentioned above are not considered under perks.

Address to send the application: Deputy Manager (Personnel), Recruitment Section, Personnel Department, MECON Limited, Doranda, Ranchi, Jharkhand - 834002

 For more details related to eligibility criteria, fee, pattern, annexures, place of posting etc. refer to the attachments below.