IOCL Recruitment of Assistant Officers in Finance Function 2020

IOCL Recruitment of Assistant Officers in Finance Function 2020

Indian Oil Corporation of India (IOCL) has published an Advertisement for below-mentioned Posts. Other details like age limit, educational qualification, selection process, application fee and how to apply are given below in the advertisement.

Posts Name : Assistant Officers in Finance Function

Educational Qualification:

Graduate in any discipline with minimum 55% marks (relaxed to 50% for candidates belonging to SC/ST and PwBD categories) and have passed the CA Intermediate/ CMA Intermediate (or equivalent qualification from CA/CMA institute) and 

At least three years of relevant experience in finance function as on 31st March 2020. Experience gained after passing of CA Intermediate /CMA Intermediate results shall only be considered.

Relevant field includes experience in the field(s) of Finance/ Accounts/ Taxation/ Cost Accounting/ Auditing etc. The articled training /practical training which are integrated to the curriculum of respective institution shall not be considered as valid experience for this purpose.

Note:

a) Candidates having passed final examination from CA/CMA Institutes are NOT eligible.

b) Above mentioned experiences are indicative and not exhaustive. The Corporation reserves the right to take a final decision for considering/ not considering an experience as valid experience for the post.

Please read Official Notification for Educational Qualification details.

Age Limit: Maximum 30 years as on 30th June 2020 for General and Economically Weaker Sections (EWS) category candidates.
Age relaxation for OBC (Non-Creamy Layer)/SC/ST/PwBD candidates will be applicable as per the Presidential Directives.

Remuneration: Candidates selected as Assistant Officers (A0 grade) will receive a starting basic pay of Rs. 40,000/-per month. In addition, the selected candidates will receive Dearness Allowance (DA) and other allowances, according to the rules 
of the Corporation in force, and as amended from time to time. 

Selection Process: The selection methodology will comprise of the following:
On the basis of percentage of marks of CA Intermediate /CMA Intermediate (or equivalent qualification from CA/CMA institute), the candidates will be short listed for further selection process comprising of Personal Interview (PI) and Group Discussion/Group Task (GD/GT) for assessment of different facets of knowledge, skill, attitude and aptitude.
However, it may be noted that shortlisting for PI and GD/GT shall be solely based on the percentage marks scored in the chosen qualification – CA (Intermediate) or CMA (Intermediate)
Final merit will be prepared based solely on performance in Personal Interview (PI) and Group Discussion/Group Task (GD/GT) taken together.

Physical Fitness: Candidates need to be medically fit as per Indian Oil’s pre-employment medical standards.

Candidates are advised to go through the separately placed ‘Guidelines and Criteria for Physical Fitness for Pre-employment Medical Examination’ before they commence filling the ONLINE application.

How to Apply: Interested Candidates may Apply Online Through official Website.

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Important Dates:
Last Date to Apply Online:  6th May, 2020.