Central Warehousing Corporation Director(Finance)

Central Warehousing Corporation Director(Finance)
Job Description PDF
20/05/2020

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I. COMPANY PROFILE
Central Warehousing Corporation (CWC) was incorporated in 1957 under the Agricultural Produce
(Development and Warehousing) Corporations Act, 1956 which was repealed and replaced by the
Warehousing Corporations Act, 1962. CWC provides scientific storage facilities for a wide range
of commodities including agricultural inputs and produce, notified commodities etc. besides
providing logistic services and related infrastructural facilities to the trade and industry. It is a
Schedule- ‘A’ Mini-Ratna Category-I CPSE in Trade & Marketing services with the administrative
jurisdiction of Department of Food & Public Distribution, Ministry of Consumer Affairs, Food &
Public Distribution. As on 01st April, 2020 CWC operated 415 warehouses throughout the country
with a total storage capacity of about 10 million tonnes.
Its Registered and Corporate offices are in New Delhi.
The company employed 2880 regular employees (Executives:955 and Non-excecutives:1925) as
on March 31, 2020.
The authorised and paid up share capital of the Company was Rs. 100 crores and Rs. 68.02
crores respectively as on March 31, 2020.
The shareholding of the Government of India in the company is 55.02% as on March 31, 2020.
II. JOB DESCRIPTION AND RESPONSIBILITIES
Director (Finance) is a member of Board of Directors and reports to the Managing Director.
Advt.No. – 43/2020
No. : 7/13/2020-PESB
Dated : 20/05/2020
Central Warehousing Corporation
Director(Finance)
01/05/2021
Schedule A
Rs. 180000-340000 (IDA)
He/She is the overall in-charge of finance and accounts functions of the organization, and is
responsible for evolving and formulating related policies and their implementation, including
Financial Planning, budgeting, costing, Financial control, preparation financial statements in
compliance with corporate norms and statutory requirements.
III. ELIGIBILITY
1. AGE : On the date of occurrence of vacancy (DOV)
2. 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 2000 crore or
more;
(d) Private Sector in company where the annual turnover is *Rs 2000 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)
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
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.
during the last ten years in the area of Corporate Financial Management / Corporate Accounts
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. PAY SCALE:
(a)Central Public Sector EnterprisesThe 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.
(b)
(i) Applicants from Central Government / All India Services should be holding a post of
the level of Joint Secretary in Government of India or carrying equivalent scale of pay on
the date of application.
(ii) Applicants from the Armed forces of the Union should be holding a post of the level
of Major General in the Army or equivalent rank in Navy/Air Force on the date of
application.
(c)
Applicants from State Public Sector Enterprises/ Private Sector should be working at
Board level position or at least a post of the level immediately below the Board level on the
date of application.
6. CONDITION OF IMMEDIATE ABSORPTION FOR CENTRAL GOVERNMENT OFFICERS
Central Government Officers, including those of the Armed Forces of the Union and the All
India Services, will be eligible for consideration only on immediate absorption basis.
IV. DURATION OF APPOINTMENT
The appointment shall be for a period of five years from the date of joining or upto the date of
superannuation or until further orders, whichever is earlier.
Eligible Scale of Pay
(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 01.01.1996
(vii) Rs. 37400-67000 + GP 10000 (CDA) post 01.01.2006
(viii) Rs. 144200-218200 (Level 14) CDA post 01.01.2016
V. SUBMISSION OF APPLICATIONS
All applicants should send their applications as per the format at Annexure.
1. The applicants should submit their applications through proper channel as follows:
(a) Government Officers, including those of the Armed Forces of the Union and All India Services:
through Cadre Controlling authority.
(b) CMDs/MDs/Functional Directors in CPSE: through the concerned Administrative Ministry.
(c) Below Board level in CPSE: through the concerned CPSE.
(d) CMDs/MDs/Functional Directors in State PSE: through the concerned Administrative Secretary
and Cadre Controlling Authority, if any, of the State Government.
(e) Below Board level in SPSE: through the concerned SPSE.
(f) Private Sector: directly to the PESB.
2. Applicants from Private Sector must submit the following documents along with the
application form:
(a) 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);
(b) Whether the company is listed or not; if yes, documentary proof (please provide URL or
attach/enclose);
(c) Evidence of working at Board level or at least a post of the level immediately below the Board
level;
(d) Self-attested copies of documents in support of age and qualifications;
(e) The relevant Jobs handled in the past with details.
VI. UNDERTAKING BY THE APPLICANT
An applicant has to give an undertaking as a part of the application that he/she will join the post, if
selected. If an applicant does not give such undertaking, the application would be rejected.
1. For candidates from Central Government/Armed Forces of the Union/ All India
Services/
(a) The appointment is on immediate absorption basis.
(b) If a candidate conveys his/her unwillingness to join after the interview is held, he/she would
be debarred for a period of two years from the date of interview, for being considered for a Board
level post in any CPSE.
(c) Further, if a candidate conveys his/her unwillingness to join after the issue of offer of
appointment, he/she would be debarred for a period of two years from the date of offer of
appointment for being considered for a Board level post in any CPSE.
2. For candidates from CPSE
a. If a candidate conveys his/her unwillingness to join after the interview is held, he/she would be
debarred for a period of two years from the date of interview, for being considered for a Board
level post in any CPSE other than the one to which the candidate belongs.
b. Further, if a candidate conveys his/her unwillingness to join after the issue of offer of
appointment, he/she would be debarred for a period of two years from the date of offer of
appointment for being considered for a Board level post in any CPSE other than the one to which
the candidate belongs.
3. For candidates from SPSE/ Private Sector
a. If a candidate conveys his/her unwillingness to join after the interview is held, he/she would
be debarred for a period of two years from the date of interview, for being considered for a Board
level post in any CPSE.
b. Further, if a candidate conveys his/her unwillingness to join after the issue of offer of
appointment, he/she would be debarred for a period of two years from the date of offer of
appointment for being considered for a Board level post in any CPSE.
4. In the above cases, no request for relaxation or otherwise would be entertained.
VII. THE APPLICANTS CAN EITHER
(a) fill up the Application Form online against this Job Description on the website of PESB –
http://pesb.gov.in/ and thereafter forward it online, as specified in para V(1);
Or
(b) fill up the Application Form online against this Job Description on the website of PESB –
http://pesb.gov.in/, take a printout and send it offline, as specified in para V(1);
Last time/date of receipt of complete application duly forwarded to PESB is by 15.00 hours on
30/07/2020. 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 interview.
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.
ALL CORRESPONDENCE WITH THE PUBLIC ENTERPRISES SELECTION BOARD SHOULD BE
ADDRESSEDTO SECRETARY, PUBLIC ENTERPRISES SELECTION BOARD ONLY.

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