POSOCO Recruitment 2020 for Assistant Officer Trainee Jobs in New Delhi – Apply Now

By | June 24, 2020

POSOCO Recruitment 2020 : Get Direct Official Link for applying POSOCO Recruitment 2020 along with current POSOCO Recruitment official Notification 2020 here. Find all recent 2 POSOCO Vacancies 2020 across India and check all latest POSOCO 2020 job openings instantly here, Know upcoming POSOCO Recruitment 2020 Apply Now

Job Details

POSOCO Recruitment 2020Details
Company NamePOSOCO
Post NameDirector
Education QualificationMBA/PGDM 
Total Vacancy01 Post
Job LocationsNew Delhi
Age Limitsuperannuation 60 years , Minimum: 45 years
SalaryRs. 1,80,000 – Rs. 3,40,000/-Per Month
Last Date To Apply19 Aug 2020

Qualification Details:

Power System Operation Corporation Limited(POSOCO) has been established as a wholly owned Government of India Company with the following mission: “Ensure Integrated Operation of Regional and National Power Systems to facilitate transfer of electric power within and across the regions and trans-national exchange of power with Reliability, Security and Economy.” POSOCO has been entrusted with the responsibility of operating the National Load Despatch Centre (NLDC) and the five Regional Load Despatch Centre (RLDCs) w.e.f. 1st October, 2010. POSOCO has since been discharging the statutory function of power system operation under the Electricity Act 2003. POSOCO is discharging functions as per the Regulations/Standards laid down by Central Electricity Regulatory Commission (CERC) under the Act. The company employed 593 regular employees (Executive 483 & Non-Executives 110) as on 31.Mar.2020.
 

1. Posts: Director(Finance)

2. Scale of Pay: Rs. 180000-340000 (IDA)

3. Qualification: (i) The applicant should be a Chartered Accountant or Cost Accountant or a full time MBA/PGDM course with good academic record from a recognized University/Institution.

(ii) Officers of Organized Group ‘A’ Accounts Services [i.e. Indian Audit and Accounts Service, Indian Defence Accounts Service, Indian Railway Accounts Service, Indian Civil Accounts Service, Indian P&T Accounts & Finance Service and Indian Cost Accounts Service] working in the appropriate level are exempted from these educational qualifications.

(iii) Further, applicants from the Central Govt./Armed Forces of the Union/All India Services, will also be exempted from the educational qualifications as per

(i) above provided the applicants have ‘the relevant experience’ as mentioned in Para 4(iii) below. In respect of applicants from Organized Group ‘A’ Accounts Services/Central Government/Armed Forces of the Union/All India Services, Chartered Accountant/Cost Accountant/MBA/PGDM will be a desirable educational qualification.

4. Experience:

(i) The applicant should have at least five years of cumulative experience at a senior level during the last ten years in the area of Corporate Financial Management / Corporate Accounts Age of superannuation 60 years Internal Others Minimum Maximum Minimum Maximum 45 2 years residual service as on the date of vacancy w.r.t. the date of superannuation. 45 3 years residual service as on the date of vacancy w.r.t. the date of superannuation. in an organization of repute.

(ii) Applicants from Organized Group ‘A’ Accounts Services should have at least five years cumulative experience at a senior level during the last ten years in the area of Corporate Financial Management/ Corporate Accounts.

(iii) ‘The relevant experience’ in respect of applicants from Central Government/Armed Forces of the Union/All India Services would include at least seven years of cumulative experience at a senior level during the last ten years in the area of Corporate Financial Management/ Corporate Accounts.
 

5. Employment Status: The applicant must, on the date of application, as well as on the date of interview, be employed in a regular capacity – and not in a contractual/ad-hoc capacity – in one of the followings :- (a) Central Public Sector Enterprise (CPSE) (including a full-time functional Director in the Board of a CPSE); (b) Central Government including the Armed Forces of the Union and All India Services; (c) State Public Sector Enterprise (SPSE) where the annual turnover is *Rs 1500 crore or more; (d) Private Sector in company where the annual turnover is *Rs 1500 crore or more. Preference would be given to candidates from listed companies. (* 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)

6. )Central Public Sector Enterprises: (i) Rs. 7250-8250 (IDA) Pre 01/01/1992 (ii) Rs. 9500-11500 (IDA) Post 01/01/1992 (iii) Rs. 20500-26500 (IDA) Post 01/01/1997 (iv) Rs. 51300-73000 (IDA) Post 01/01/2007 (v) Rs. 120000-280000 (IDA) Post 01.01.2017 (vi) Rs. 18400-22400 (CDA) Pre-revised post 01.Jan.1996 (vii) Rs. 37400-67000 + GP 10000 (CDA) post 01.01.2006 (viii) Rs. 144200-218200 (Level 14) CDA post 01.Jan.2016

Selection Procedure :

Board reserves the right to shortlist applicants for interview.

How to Apply :

The last time/date of receipt of complete application duly forwarded to PESB is by 15.00 hours on 19/08/2020. No application shall be entertained under any circumstances after the stipulated time/date. Incomplete applications and applications received after the stipulated time/date shall be REJECTED. Board reserves the right to shortlist applicants for interviews.