Current Vacancy - National Textile Corporation Limited
Current Vacancy - National Textile Corporation Limited
Designation : Director
Job Description :
1. POST NAME: Director (Finance)
2. JOB DESCRIPTION AND RESPONSIBILITIES:
Director (Finance) is a member of Board of Directors and reports to Chairman & Managing Director. He is overall incharge 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.
3. ELIGIBILITY
I. AGE: On the date of occurrence of vacancy
(i) Minimum 45 years.
(ii) Not more than 56 years for internal candidates and not more than 55 years for others.
The age of superannuation is 58 years.
II. QUALIFICATION AND EXPERIENCE:
The incumbent should be a Cost Accountant/Chartered Accountant/MBA with specialization in Finance with good academic record from a recognized university/institution.
He should have managerial experience at a senior level and having experience in corporate financial management and accounts including Cost and Budgetary Control, Institutional Finance, Working Capital Management in an organization of repute.
Provided that minimum qualification is relaxable in the case of internal candidates with sound and adequate background and experience
III. PAY SCALE/TURNOVER:
(a) Central Public Sector Executives.
Executives holding posts in the pay scale of:
Rs. 7250-8250 (IDA)
Rs. 9500–11500 (IDA) Post 01.01.1992
Rs. 20500–26500 (IDA) Post 01.01.1997
Rs. 51300–73000 (IDA) Post 01.01.2007
Rs. 18400-22400 (CDA)
Rs. 37400–67000 + GP Rs. 10000 (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.
Company Profile :
The National Textile Corporation Limited (NTC) is a Central Public Sector Enterprise under the Ministry of Textiles which was incorporated in April 1968 for managing the affairs of sick textile undertakings, in the private sector, taken over by the Government. Starting with 16 mills in 1968, this number gradually rose to 103 by 1972-73. In the year 1974 all these units were nationalized under the Sick Textile Undertakings (Nationalization) Act 1974. The number of units increased to 119 by 1995. These 119 mills were controlled by NTC(HC) Ltd with the help of 9 subsidiary Corporations, with an authorized capital of Rs 10 crores which was raised from time to time and which is now Rs 5000 crores and the paid up share capital of the corporation is Rs 3062.16 crores as on 31.03.2010.
Desired Profile :
How to apply: Last date of receipt of applications in PESB is 7thJuly, 2011. No application shall be entertained under any circumstances after the stipulated date. Incomplete applications are liable to be REJECTED.
Board reserves the right to shortlist candidates for interview.
Applications are to be addressed to DR. (MRS) P. S. BEHURIA, Secretary, Public Enterprises Selection Board, Public Enterprises Bhawan, Block No. 14, CGO Complex, Lodhi Road, New Delhi-110003.
Last Date : 7thJuly, 2011
Education: MBA, CA
Location : New Delhi
For More Details
Designation : Director
Job Description :
1. POST NAME: Director (Finance)
2. JOB DESCRIPTION AND RESPONSIBILITIES:
Director (Finance) is a member of Board of Directors and reports to Chairman & Managing Director. He is overall incharge 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.
3. ELIGIBILITY
I. AGE: On the date of occurrence of vacancy
(i) Minimum 45 years.
(ii) Not more than 56 years for internal candidates and not more than 55 years for others.
The age of superannuation is 58 years.
II. QUALIFICATION AND EXPERIENCE:
The incumbent should be a Cost Accountant/Chartered Accountant/MBA with specialization in Finance with good academic record from a recognized university/institution.
He should have managerial experience at a senior level and having experience in corporate financial management and accounts including Cost and Budgetary Control, Institutional Finance, Working Capital Management in an organization of repute.
Provided that minimum qualification is relaxable in the case of internal candidates with sound and adequate background and experience
III. PAY SCALE/TURNOVER:
(a) Central Public Sector Executives.
Executives holding posts in the pay scale of:
Rs. 7250-8250 (IDA)
Rs. 9500–11500 (IDA) Post 01.01.1992
Rs. 20500–26500 (IDA) Post 01.01.1997
Rs. 51300–73000 (IDA) Post 01.01.2007
Rs. 18400-22400 (CDA)
Rs. 37400–67000 + GP Rs. 10000 (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.
Company Profile :
The National Textile Corporation Limited (NTC) is a Central Public Sector Enterprise under the Ministry of Textiles which was incorporated in April 1968 for managing the affairs of sick textile undertakings, in the private sector, taken over by the Government. Starting with 16 mills in 1968, this number gradually rose to 103 by 1972-73. In the year 1974 all these units were nationalized under the Sick Textile Undertakings (Nationalization) Act 1974. The number of units increased to 119 by 1995. These 119 mills were controlled by NTC(HC) Ltd with the help of 9 subsidiary Corporations, with an authorized capital of Rs 10 crores which was raised from time to time and which is now Rs 5000 crores and the paid up share capital of the corporation is Rs 3062.16 crores as on 31.03.2010.
Desired Profile :
How to apply: Last date of receipt of applications in PESB is 7thJuly, 2011. No application shall be entertained under any circumstances after the stipulated date. Incomplete applications are liable to be REJECTED.
Board reserves the right to shortlist candidates for interview.
Applications are to be addressed to DR. (MRS) P. S. BEHURIA, Secretary, Public Enterprises Selection Board, Public Enterprises Bhawan, Block No. 14, CGO Complex, Lodhi Road, New Delhi-110003.
Last Date : 7thJuly, 2011
Education: MBA, CA
Location : New Delhi
For More Details
