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Vacancy Circular No:
J and K Bank invites applications for recruitment of Stock Auditor
Stock Auditor
Number of Vacancy: 1 Posts
| J and K Bank Hiring For Stock Auditor Vacancies Just Now Updated - Apply Soon Recruitment 2022 | Details |
|---|---|
| Job Role | Stock Auditor |
| Education Requirement | |
| Total Vacancy | 1 Post |
| Job Locations | Srinagar |
| 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. |
| Experience | 3 - 5 years |
| Salary | Not Disclosed |
| Posted on | 03 Jan, 2022 |
| Last Date To Apply | 05 Jan, 2022 |
Educational Qualification: CA
The Jammu & Kashmir Bank Ltd. invites on-line applications for empanelment as Stock Auditors for FY 2021 - 2022 from intended Chartered / Cost Accountant firms who are interested to conduct the Stock/book debt and receivables audit, of Borrower Accounts maintained with various Business Units of the Bank at various states / UT’s across the country.
1. Name of the Post: Stock Auditor
2. 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.
3. 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.
4. 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
Pay Scale: INR Not Disclosed
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.
Selection Procedure
Selection Will be Based either Written Exam/Interview
How to Apply:
1. The application format along with the eligibility criteria for empanelment are available on Bank’s Website www.jkbank.com. Applications can be submitted online by or before 05th January, 2022.
2. Hard Copies of the documents along with the necessary enclosures should reach In-charge, Supervision & Controls Division, The Jammu & Kashmir Bank, Corporate Headquarters, M. A. R
Important Dates:
Published on: 03 January 2022For more details, please refer to official notification at Download Official Notification