INDIAN RAILWAY FINANCE CORPORATION LIMITED

Advt. No. 02/-2017

Indian Railway Finance Corporation Limited (IRFC or Company) was incorporated on 12th December, 1986 as a wholly Govt. owned Company under the Administrative control of Ministry of Railways. The Company is a Public Finance Institution engaged in supporting creation of infrastructure in Railway Sector in India. Its main business activity has been leasing of Rolling Stocks (Locomotives, Passenger Coaches and Freight Wagons) to Indian Railways. The Company raises financial resources from diverse financial markets using a variety of instruments to fund acquisition of these assets. IRFC is Schedule A Organization and has consistently been rated as EXCELLENT by Govt. of India in the achievement of its MoU targets. As of March 31st, 2017, the turnover of the Company is Rs. 9046.77 crore and net worth is Rs.12009.60 crore.

In order to augment manpower resources, IRFC is looking for dedicated, committed and self-motivated professionals for the post of General Manager Finance, as detailed below:

Position / Grade

Scale of Pay (Rs)

Total Posts

Reservation

Qualification

Experience

Age Limit

General Manager (Finance)-E7

43200-66000

(One)

unreserved

Graduate with professional qualification of CA/CMA From the Institute of Chartered Accountant of India / the Institute of Cost Accountants of India. OR

Full time MBA/Post Graduate Diploma in Business Administration/Management of 2 years duration with specialization in finance with a minimum of 70% marks from a reputed university/Institute.

Minimum 18 years Post Qualification experience in the field of Resource mobilization from overseas market dealing with RBI, Corporate Accounts & Taxation, Project Appraisal & Risk Management in Central /State PSU / Bank / Financial Institution/NBFC / RBI/reputed organization as Executive, out of which 2 years in immediate lower grade / scale in IDA Pay Scale of 36600-62000 or equivalent.

Must have strong management, leadership, communication, analytical and interpersonal skills.

For candidates working in private sectors may please refer to the Note (i) as below

46-51 Yrs

Note: (i) Candidates working in private sector should have worked minimum three years at minimum Pay plus allowance including incentive of Rs.135000/- p.m. for applying to the post at the level of General Manager. (ii) IRFC is an equal opportunity employer. Women candidates fulfilling the above job requirements are encouraged to apply.

1 RELAXATIONS/CONCESSIONS:

(i) The criteria mentioned above is for general candidates, however, relaxation of age, experience, percentage of marks in qualification, etc. as per Govt. guidelines shall be applicable for the vacancies reserved for SC/ST/OBC/PwD and Ex-Serviceman candidates.
(ii) Maximum age limit is relaxable by 5 years for SC & ST category, 3 years for OBC-NCL category for reserved vacancies. Maximum age limit is relaxable by 10 years for PwD from UR category, 13 years for PwD from OBC-NCL category and 15 years for PwD from SC / ST category, for all vacancies subject to suitability of post for the type of disability.
(iii) Maximum age limit is relaxable for 5 years for candidates domiciled in J&K between 01-01-1980 and 31-12-1989.
(iv) In case of Ex-Service men who have put in not less than six month continuous service in the armed forces of the union, they shall be allowed to deduct the period of such service from their actual age, and if the resultant age does not exceed by more than 3 years the maximum age limit prescribed for the post/services for which a candidate seeks appointment, he/she be deemed to satisfy the conditions regarding the age limit.
(v) Relaxed standard in minimum percentage of marks in qualification for the vacancies reserved for SC, ST & PwD candidates is pass grade.
(vi) Relaxed standard in minimum post qualification experience for the vacancies reserved for SC, ST & PwD candidates is:-
a) A maximum of one year if prescribed experience is 3-5 years
b) A maximum of two years if prescribed experience is 6-12 years.
(vii) IRFC regular employees working in immediate lower scale of the post advertised shall be eligible for relaxation in age limit.

2 SUITABILITY OF POST FOR PWD CANDIDATES:

Reservation and appointment to PwD shall be admissible in accordance with DOPT OM No. 36012/24/2009-Estt.(Res.) dated 03-12-2013. Persons suffering from not less than 40% of the relevant disability shall alone be eligible for the benefit of reservation. Disabilities identified for the above posts are as follows:-

Discipline

Post identified suitable for PwD

Type of disability

Legend

Finance

General Manager (Finance)

Suitable for OA, OL, HH, LV

OA = One Arm, OL = One Leg, HH = Hearing Handicapped, LV = Low Vision

3 SELECTION PROCEDURE:

Only short listed candidates who are found eligible based on the application submitted will be called for participating in the selection process. The final selection of the candidate shall be based on the performance in the interview. The names of the shortlisted candidates shall be displayed on the website of IRFC. Also, E-mails shall be sent to the shortlisted candidates for interview.

4 GENERAL TERMS AND CONDITIONS:

(i) The qualification mentioned above for the post of General Manager (Finance) should be full time. Minimum percentage of marks in the essential qualification(s) as indicated above shall be aggregate of all semesters/years to be calculated taking average of all semesters/years, irrespective of the weightage given to any particular semester/year by the Institute/University. Further wherever GPA/OGPA or grading system in a degree/Diploma is awarded, equivalent percentage of marks should be indicated in the application as per norms adopted by the Institute/University.
(ii) All qualifications should be from Universities/Institutions recognized and approved in India by AICTE / UGC / Appropriate Statutory Authority.
(iii) Candidates belonging to Government / Semi-Government Organization / PSUs should send their application through proper channel. However, in case application has not been routed through proper channel, a No Objection Certificate (NOC) from present employer should be produced at the time of interview failing which candidature of the candidate will not be entertained.
(iv) Incomplete Application(s) or applications received late will be summarily rejected.
(v) The cutoff date for reckoning maximum age limit / minimum experience requirement / qualification (whichever applicable) shall be last date of receipt of application i.e. 23-10-2017. Post qualification executive experience on a post shall be counted only from the date of assumption of charge and training period shall not be counted.
(vi) The mere fact that a candidate has submitted the application against the advertisement and apparently fulfilling criteria as prescribed in the advertisement would not bestow on him/her the right to be called for interview / considered for selection process.
(vii) The total number of projected vacancy indicated in this advertisement may increase / to be cancelled at the discretion of IRFC Management, if need so arises, without any further notice and without assigning any reason thereof.
(viii) Single to and fro fare by shortest route as per Corporation rule will be paid to outstation candidates called for interview on production of ticket / proof of journey.
(ix) While applying for the post, the applicant should ensure that he / she fulfills the eligibility and other norms mentioned above, as on the specified date and that the particulars furnished are correct in all respects. In case it is detected at any stage of recruitment that a candidate does not fulfill the eligibility norms and / or that he / she has furnished any incorrect / false information or has suppressed any material fact(s), his / her candidature shall stand automatically cancelled. If any of the above shortcoming(s) is / are detected even after appointment, his / her services are liable to be terminated without any notice.
(x) In case number of applications is more, Company reserves the right to fix criteria to shortlist number of eligible candidates. Only such shortlisted candidates shall be called for the Interview.
(xi) Any legal proceeding in respect of any matter of claim or dispute arising out of this advertisement and / or any application in response there to can be instituted only in Delhi and courts / tribunal / forums at Delhi only shall have sole and exclusive jurisdiction to try any such case / dispute.
(xii) In case any ambiguity/dispute arises on account of interpretation in version other than English, English version will prevail.
(xiii) The original testimonials/documents along with one self-attested copy will have to be produced by the candidates at the time of interview.

5 PROCEDURE FOR APPLYING:-

1 Before applying candidates should ensure that they satisfy all the necessary conditions and requirement of the position.

2 No fee is required to be paid for applying to the above post.

3 Interested candidates fulfilling the above laid down eligibility criteria are required to submit their application as per the format available at company website www.irfc.co.in

4 A copy of this Application form is to be printed, signed and furnished along with self-attested copies of the following documents in the given order only (from top to bottom):

(a) 2 recent passport size colour photographs

(b) High School certificate for proof of Date of Birth

(c) Certificates of Academic & Professional qualifications and statements of marks of all the qualifications for all semesters / years (Xth, XIIth, Diploma / Graduation / Post-Graduation/MBA / CA / CMA as applicable)
(d) SC / ST / OBC Certificate, if applicable as mentioned in Relaxation and Concessions column above.

(e) Proof of Identity & Address (Passport, Voter ID, Driving License, Aadhaar Card.)

(f) PAN Card

(g) Proof of different periods of experience as claimed in your application.

(h) NOC if applicable and salary certificate in case of candidate working in Private Sector

(i) Any other document in support of your candidature.

(j) PwD Certificate as per latest format (if applicable)

These documents may be sent through post in a cover superscribing Application for the post of General Manager (Finance) addressed to Deputy General Manager (CS), Indian Railway Finance Corporation, UG Floor, East Tower, NBCC Place, Bhisham Pitamah Marg, Pragati Vihar, Lodhi Road, New Delhi 110003.

5 Experience certificates, salary slips, Form 16 and bona fide certificates only are acceptable as proof of experience.

6 The candidates are also advised to keep a copy of such application form with them and to carry the same at the time of the interview if called.

7 No application will be entertained after the expiry of last date. IRFC does not bear any responsibility for any delay in post / courier for any reason whatsoever. however, in respect of the application received (only by post / speed post) from the candidates residing in Assam, Meghalaya, Arunachal Pradesh, Mizoram, Manipur, Nagaland, Tripura, Sikkim, Ladakh Division of Jammu & Kashmir, Lahaul & Spiti Districts and Pangi sub division of Chamba District of Himachal Pradesh, Andaman & Nicobar Island or Lakshadweep, the last date of receipt of application is 30-10-2017.

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Important Dates

Start Date End Date
Applications 30-Oct-2017


Notification Issued By

  • Organization : Indian Railway Finance Corporation Limited
  • Organization City, State : , delhi
  • Organization Website : http://irfc.nic.in

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