CA/CFA vacancy in Nainital Bank

The Nainital Bank Limited invites applications from qualified candidates to recruit one Chief Financial Officer.

The Nainital Bank Limited is a scheduled commercial bank founded in 1922. The bank is a subsidiary of Bank of Baroda. The bank has expanded to Uttar Pradesh and Uttarakhand and has over 139 branches in Rajasthan, Delhi, and Haryana.

Responsibilities

• Responsible for accurate and timely presentation and reporting of financial information of the Bank. Establish accounting policies and procedures wherever required.
• Compliance with financial regulations and standards wherever applicable.
• Communicate both the Bank’s expected and actual financial performance.
• Overseeing the budget process, collecting of inputs, and comparing the Bank’s actual performance vis-à-vis the budget estimates.
• Flagging risks to the finances – operational, market, etc. and developing strategies to counter/ mitigate the same.

Eligibility Criteria as on 31.05.2020

Age:

The applicant should be between 35-50 years of age.

Qualifications:

He/she should be a qualified Chartered Accountant.

Additional Degrees viz. CFA / MBA (Finance)/Certificate in Financial Risk Management from internationally acclaimed University/Associations.

Experience:

 He/she should be a qualified Chartered Accountant. Fifteen years in overseeing financial operations, preferably accounting and taxation matters, in banks/large corporates/PSUs/ FIs/financial services organizations, of which 10 years should be in Banks/FIs (of which five years should be at senior management level).

 The Candidate should be working as a full-time Chief Financial Officer or in an equivalent position in a regular capacity-and not in a contractual /ad-hoc capacity.

Selection Procedure

 Selection will be through direct interviews. A preliminary screening of the applications will be carried out for making, if necessary, a short-list of eligible candidates to be called for the interview. While shortlisting candidates the Bank may apply criteria that may consider additional qualifications. greater experience and level of responsibilities handled.

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