CA- Inter/ CMA- Inter openings in Indian Oil

Indian Oil has invited online applications from eligible candidates to the post of Assistant Officers. Candidates should apply through On-line mode only. No other means or mode of application will be accepted.

As India’s flagship Oil & Gas major, Indian Oil Corporation Limited has been fulfilling the energy needs of the nation for over six decades.  Indian Oil operates Asia’s one of largest Refineries, Pipelines, and Marketing infrastructure and owns some of the most trusted super-brands like INDANE and SERVO.

Educational Qualification & Experience Eligibility:

CA Intermediate / CMA Intermediate (or equivalent qualification) from Institute of Chartered Accountants of India (CA Institute) / Institute of Cost Accountants of India (CMA Institute) with at least three years of relevant experience in the finance function. Experience gained after passing of CA Intermediate /CMA Intermediate results shall only be considered.

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.

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.

Selection Methodology:

• 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.
• Final merit will be prepared based solely on performance in Personal Interview (PI) and Group Discussion/Group Task (GD/GT) taken together.

How to apply

Interested candidates meeting the prescribed eligibility criteria shall have to apply ONLINE at www.iocl.com (Indian Oil for You > IndianOil for Careers > Latest Job Openings). The relevant link will be made available on the IOCL web site www.iocl.com from 7th April, 2020.

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.

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