Bharat Electronics Limited (BEL) Recruitment 2022 for Director (Finance): Required qualification, Age limit, job experience, submission of online application form, High Pay Scale.
Official notification has been released for recruitment in BEL. If you want to become Director (Finance) in the company you may apply online. To apply for the job, please make sure that you are eligible and submit online application form on or before the last date.
Bharat Electronics Limited (BEL) is a Schedule ‘A’ Navratna Company, established in 1954. BEL has Strategic Business Units operating in 9 Units across India with core competencies in areas of Radars and Weapon Systems, Sonars, Communication, Electronics Warfare, Electro-Optics and Tank Electronics.
In Non-Defence Sector, BEL’s product range includes Electronic Voting Machine, Tablet PCs, Microcircuits, Semiconductors, Solar cells etc. BEL is primarily an R&D focused organization with R&D facilities in all nine Units to achieve self-reliance.
Being at the forefront in the Strategic Electronics segment with 85% of its supplies to Defence, BEL’s vision is to be a world class enterprise in professional electronics.
Its Registered and Corporate offices are in Bangalore, Karnataka.
BEL employed 9175 regular employees (Executives: 6128, Non-executives: 3047) as on 31.03.2021.
The authorized and paid up capital of the company was Rs. 250 crores and Rs. 243,65,92,943/- respectively as on 31.03.2021. The shareholding of the Government of India in the company is 51.14% as on 31.03.2021.
BEL Recruitment for Finance Director
The Public Enterprises Selection Board (PESB) has issued a recruitment notice for the position of Director in Finance at Bharat Electronics Limited.
Eligible candidates may apply for the post on or before last date i.e. 28th February, 2022. More details are given in the table below:
| Company Name | Bharat Electronics Limited (BEL) |
|---|---|
| Job Vacancy available for the Post | Director (Finance) |
| Educational Qualification | Chartered Accountant or Cost Accountant or MBA/PGDM |
| Job Salary | ₹180000-340000 (IDA) |
| Date of Vacancy | 01.11.2022 |
| Application form last date | 31.03.2022 |
| Mode of application | Online only |
| Appointment duration | 5 Years |
| Required experience/exposure | 5 Years |
Download official notification (No. : 7/70/2021-PESB) of BEL Recruitment 2022.
Job Description
Director (Finance) is a member of the Board of Directors and reports to Chairman & Managing Director. He/ she is overall in charge of the finance and accounts functions of the organization and is responsible for evolving and formulating finance policies as well as implementation thereof.
Educational Qualification
The interested candidate should be a:
- Chartered Accountant; or
- Cost Accountant; or
- full time MBA/PGDM course having specialization in finance with good academic record from a recognized University/Institution.
Note that preference would be given to Chartered Accountant.
Exemption form Educational Qualification: Officers of Organized Group ‘A’ Accounts Services working in the appropriate level are exempted from these educational qualifications.
Organized Group ‘A’ Accounts Services:
- 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.
Further, applicants from the Central Govt./Armed Forces of the Union/All India Services, will also be exempted from the educational qualifications (CA/CMA/ MBA/PGDM) provided the applicants have ‘the relevant experience’.
The relevant experience in respect of applicants from Central Government/Armed Forces of the Union/All India Services would include at least 7 years of cumulative experience at a senior level during the last 10 years in the area of Corporate Financial Management/Accounts.
Applicant Age Limit
According to the PESB notification dated 20.01.2022, the minimum age of the applicant should be 45 years. The age of superannuation for this recruitment is 60 years.
On the date of occurrence of vacancy (DOV) i.e. 1st November, 2022.
Age of superannuation 60 years:
- Internal:
- Minimum: 45
- Maximum: 2 years residual service as on the date of vacancy w.r.t. the date of superannuation.
- Others:
- Minimum: 45
- Maximum: 3 years residual service as on the date of vacancy w.r.t. the date of superannuation.
Job Experience
The applicant should have at least 5 years of cumulative experience at a senior level during the last ten years in the area of Corporate Financial Management/ Corporate Accounts in an organization of repute.
Applicants from Organized Group ‘A’ Accounts Services (already discussed above) 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.
Job Salary
As per the official recruitment notification of PESB, the selected candidates will get the salary of ₹1,80,000 to ₹3,40,000 as per norms.
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.
Appointment Duration
The appointment shall be for a period of:
- 5 years from joining date; or
- upto the date of superannuation; or
- until further orders,
whichever is earlier.
Submission of Job Application Form
All applicants should send their applications on-line only as per the format.
- The applicants should submit their applications through proper channel as follows:
- Govt Officers, including those of the Armed Forces of the Union and All India Services through Cadre Controlling authority;
- CMDs/MDs/ Functional Directors in CPSE through the concerned Administrative Ministry;
- Below Board level in CPSE through the concerned CPSE;
- CMDs/MDs/Functional Directors in State PSE through the concerned Administrative Secretary and Cadre Controlling Authority, if any, of the State Govt;
- Below Board level in SPSE through the concerned SPSE
- Private Sector directly to the PESB.
Applicants from Private Sector must submit the following documents along with the application form:
- Annual Reports of the Company in which currently working for the 3 financial years preceding the calendar year in which the post is advertised (please provide URL or attach/enclose copies);
- Whether the company is listed or not; if yes, the documentary proof (please provide URL or attach/enclose copies);
- Evidence of working at Board level or at least a post of the level immediately below the Board level;
- Self-attested copies of documents in support of age and qualifications;
- Relevant Jobs handled in the past with details.
How to Apply in BEL
The applicants can either:
- fill up the Application Form online only against this Job Description on the official website www.pesb.gov.in and thereafter forward it online; or
- fill up the Application Form online only against this Job Description on the official website of PESB (http://pesb.gov.in/), take a printout and send it offline.
You have to send the print out of submitted form to the following address mentioned below.
Applications are to be addressed to: –
Smt Kimbuong Kipgen
Secretary,
Public Enterprises Selection Board, Public Enterprises Bhawan,
BlockNo. 14, CGO Complex, Lodhi Road, New Delhi-110003.
NOTE: Last time and date of receipt of complete application duly forwarded to PESB is by 15.00 hours on 31st March, 2022. 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 interview.
How much amount of salary will be paid for the Post?
If you are selected for the post of Director (Finance) then you will receive salary under pay scale of ₹1,80,000 to ₹3,40,000 as per norms.
What is the necessary educational qualification to apply for the Job?
The applicant should be a Chartered Accountant or Cost Accountant. However, if you have completed your full time MBA/PGDM course then you may also apply for the job. Preference would be given to Chartered Accountant.
What is the last date to apply for Recruitment?
The last date to apply for BEL (Bharat Electronics Limited) Recruitment 2022 for the post of Director (Finance) is March 31, 2022.