CA/CMA opening in Indian Oil Corporation

Indian Oil Corporation - Taxscan

The Indian Oil Corporation Limited looking for an energetic and dedicated candidate to the post of Assistant Officer.

As India’s flagship Oil & Gas major, Indian Oil Corporation Limited has been fulfilling the energy needs of the nation for over six decades. The R&D Centre of Indian Oil is India’s foremost commercial Centre of research excellence in the areas of lubricants, oil refining, fuel additives, engine testing, materials sciences, and environmental sciences. Empowered with the ‘Maharatna’ status, the Vision of Indian Oil is to be ‘The Energy of India’ and ‘A Globally Admired Company’.

Nature of Job

  • Candidates selected as Assistant Officers in finance function may be posted in any of the divisions of Indian Oil – Refineries, Marketing, Pipelines, Business Development, and R&D Centre or in Corporate functions or in Subsidiary/Joint Venture companies.
  • Finance profile generally includes – Preparation of Accounts, Internal Audit, Accounting, Pricing, Banking & Treasury Functions, Project Appraisal/ Project Accounting, Direct and Indirect Taxation, Crude oil procurement/payments, trade receivables, trade payables, assets accounting, etc.

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)

Experience Eligibility

  • At least three years of relevant experience in finance function as of 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 is integrated into the curriculum of the respective institution shall not be considered as a valid experience for this purpose.

Selection

  • 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 shortlisted 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.

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