Kochi Metro Rail Ltd Invites Application for Director Recruitment 2022

Vacancy Circular No:

Kochi Metro Rail Limited (KMRL)
invites applications for recruitment of Director

Director

Number of Vacancy: 1 Posts

Educational Qualification: CA, MBA/PGDM

Kochi Metro Rail Limited (KMRL) a 50:50 Joint Venture of Government of India and Government of Kerala incorporated for the implementation of the Kochi Metro Rail project in Kochi and for its operation & Maintenance intends to appoint the following official

1. Name of the Post : Director (Finance)

2. Date of vacancy : 01.06.2022

3. Pay Scale of the Post : Rs.180000 - 340000 (IDA) and other allowances/ perks/privilege.

4. Duration of Appointment : The appointment will be on Deputation/ contract basis for a period of 5 years, or up to the date of superannuation, whichever is earlier. Preferance Shall Be Given To Deputationists.

5. Educational Qualification: 

a. The applicant should have the qualification of Chartered Accountant or Cost Accountant or MBA/ PGDM (full time 2 year course) with specialization in Finance from Premier management institutes such as Indian Institutes of Managements. Preference would be given to Chartered Accountants

b. OR Officers of organized Group A Accounts Services (i.e. Indian Audit & Accounts Service, Indian Defence Accounts Service, Indian Railways Accounts Service, Indian Civil Accounts service, Indian P &T Accounts & Finance Service and Indian Cost Accounts Service)

6. Work Experience

(a) At least 25 (Twenty-Five) years post qualification experience in Project Finance/Finance and Accounts/Audit/setting up Financial, Accounting and Audit systems and procedures in a large public or private sector organizations of repute. Candidate should have knowledge and experience in managing financial and accounting software.

(b) Candidate should be well versed with the latest accounting standards including GAAP, as well as developments related to IFRS, taxation, investment and portfolio management, raising of funds, tendering and contracting. 

(c) Should have proven ability to handle related functions independently and lead a team of finance& accounting. 

(d) Individuals with experience and knowledge in securing funds fromexternal agencies and its management will be preferred. 

(e) Subject to fulfilling other requirements, candidates from listed private sector companies would be considered if the annual turnover is Rupees One Thousand Crores or more. (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). 

7. Minimum requirements on scale of pay (to be reckoned as on 01.06.2022)

a) Public Sector Executives in the pay scale of Rs. 120000 – 280000 (Revised), or, Rs.51300-73000 (Pre-revised IDA), or higher. OR b) Government Officers working in level 14 of the 7th CPC or Senior Administrative Grade (SAG) (with Grade Pay of Rs.10000 CDA of Rs. 37400- 67000 (Pre-revised), or higher

c) In case of candidates working in eligible private sector companies, Minimum CTC should be Rs.32.00 lakhs per annum and candidates should have been working at Board level position or one level immediately below the Board level. The minimum length of service required in the above scale/pay shall be three years as on 01.06.2022. Proof of drawing scale of pay/ CTC for the three-year period to be furnished (Payslips/ IT returns).

8. KMRL/HR/2021-22/11, Dated (15/03/2022)