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Union Bank of India Sarkari Naukri 2020 - Recruitment for Chief Financial Officer - Apply Now

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Last updated: Mar 27,2020 15:35 IST

Union Bank of India Sarkari Naukri 2020 - Recruitment for Chief Financial Officer - Apply Now
On 27/03/2020, Union Bank of India announced Job notification to hire candidates who completed CA for the position of Chief Financial Officer.
Company Name Union Bank of India
Post Name Chief Financial Officer
No of Posts 1 Post
Job Location Mumbai
Last Date to Apply 15/04/2020
Similar Jobs Maharashtra Govt Jobs
Qualification Details:

1. UNION BANK OF INDIA, a leading Public Sector Bank, with Pan India Branch Network with Head Office in Mumbai, invites Applications for the post of CHIEF FINANCIAL OFFICER on Contractual Basis.

2. Essential Qualification: He/She should be a Qualified Chartered Accountant.

3. Work Experience: Mandatory experience: Fifteen years in Overseeing Financial Operation, preferably Accounting and Taxation matters, in Banks/Large Corporate/PSUs/FIs/Financial Services Organizations, of which 10 years should be in Banks/FIs (of which Five years should be at Senior Management Level).

4. Job Profile:  Responsible for timely preparation and submission of financial statements including profitability statements and Annual Report for the Bank.  Overseing the Statutory Auditing Process which includes appointment of Auditors, Communication of Guidelines & conduct of Audit throughout the Bank.  Monitoring critical Financial Parameters (Capital Adequacy, Non-Interest Income, ROA, ROE etc.) for the Bank and highlights to top management/vertical heads to take mitigation actions as required.  Communicate both Banks’ expected and actual financial performance.  Ensuring Regulatory and Statutory filings and compliances of Direct and Indirect Taxes (GST), various regulators viz RBI, SEBI, MoF etc. Compilation of financial statements in accordance with Indian Accounting Standards (Ind-AS). Policy formulation on the relevant functional area. Ensure preparation and administration of Staff Incentive Scheme (Individual, Group, and Campaign) as per the guidelines of GOI with inputs from Vertical Heads.  Overseing development and maintenance of MIS Report System to ensure accurate and updated reporting.  Any other work entrusted by the Bank from time to time.

5. Pay Compensation: The compensation and terms & conditions will be negotiated/ finalized depending upon the suitability of the candidate.

6. The Chief Financial Officer would Head the Bank’s Finance Function for a fixed contractual term of three years with Annual Performance Review. The Bank will be entitled to terminate the contract at any time without assigning any reason whatsoever, by giving 30 days notice or on payment of fixed Component Compensation equivalent to one Month's fixed component of the compensation in lieu of such Notice. In case the appointee desires to terminate the contract before the expiry of the contractual period of three years, he / she will have to give to the Bank clear one month's notice or make payment of one Month's fixed component of the compensation in lieu of such Notice.

Age: Below 55 years.

General Instructions

a) Decision of the Bank in all matters regarding eligibility of the applicant, the stages at which such scrutiny of eligibility is to be undertaken, documents to be produced, Personal Interview, selection and any other matter relating to recruitment will be final and binding on the applicant. While applying for the post, the applicant should ensure that he / she fulfills the eligibility and other criteria mentioned above and that the particulars furnished are correct in all respects. In case it is detected at any stage of recruitment that applicant does not fulfill the eligibility norms and / or that he / she has furnished any incorrect / false information/document or has suppressed any material fact(s), his / her candidature will automatically stand cancelled. If any of the above shortcoming(s) is / are detected even after recruitment, his/her contract is liable to be terminated without any notice.

b) Payment of Application Fees by any other mode except by the above stated mode will not be accepted. Instruments like Demand Draft / Bankers Cheques / Indian Postal Orders received towards payment of Application Fees will not be encashed by the Bank and such instruments if received will not be returned to the applicants and the application of the candidate will not be considered.

c) Mere submission of application against the advertisement and apparently fulfilling the criteria as prescribed in the advertisement would not bestow on him / her right to be called for Personal Interview.

d) Incomplete applications and / or applications without aforesaid documents will be rejected outright without assigning any reason thereof.

e) An application once made will not be allowed to be withdrawn and the fees once paid will not be refunded on any account nor can it be held in reserve for any other examination or selection. Therefore before applying for the post, the applicant should ensure that he / she fulfill each of the eligibility criteria and other norms, including submission of documents, as mentioned in this notification.

Address

Union Bank of India,Mumbai,IMaharastra,India

Selection Procedure :

The selection will be through Interview & Personal interaction on the basis of eligibility, experience, qualification & performance during Interview/interaction

How to Apply :

a. Log on to the Bank's website “www.unionbankofindia.co.in” and on the Home Page under the link “Recruitment” click the Notification titled “NOTIFICATION FOR APPOINTMENT AS CHIEF FINANCIAL OFFICER ON CONTRACTUAL BASIS”.

b. There will be two links available on the page. Click on the link “Notification” to download and print the Notification, including the ‘RECRUITMENT APPLICATION FEE PAYMENT CHALLAN’ on page 5.

c. Read the notification carefully and if found eligible to apply, click on the link “Application Form” to download the required Application Form.

d. Fill in the Recruitment Application Fee payment Challan in clear and legible handwriting in BLOCK LETTERS.

e. Go to the nearest Union Bank of India Branch with the Application Fee Challan and deposit the appropriate Application Fee in cash. Please obtain the Applicant’s Counterfoil Copy of the Application Fee Payment Challan duly issued by the bank with (a) Branch Name, (b) Branch Sol ID, (c) TRANS ID, and (d) Date of Deposit filled in by the Branch Official for filling in application form and as a proof to submit along with duly signed hardcopy of application form

Please send the following documents by email to [email protected] and ensure that it reaches this office by 15.04.2020 (24.00 hrs).


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