Chartered Accountant Vacancy in Punjab National Bank

Chartered Accountant Vacancy in Punjab National Bank

Punjab National Bank - Chartered Accountant - Taxscan

Punjab National Bank has invited applications for the post of Chief Financial Officer.

Punjab National Bank (PNB) is a Banking and Financial service bank owned by the Government of India with its headquarters is in New Delhi, India. The bank was founded in 1894 and is the second-largest public sector bank (PSB) in India, both in terms of business and its network.

Educational Qualification

Qualified Chartered Accountant

Mandatory experience

  • Fifteen years in overseeing financial operations, preferably
  • accounting and taxation matters, in banks/large corporate /PSUs/
  • FIs/financial services organizations, of which 10 years should be
  • in Banks/FIs (of which five years should be at senior management
  • level).


Minimum Age – 45 and Maximum Age – 55 (As on 01.10.2020)

Desirable experience:

  • In-depth knowledge of corporate financial law
  • Excellent knowledge of data analysis and forecasting
  • methods
  • Ability to strategize and solve problems
  • Strong leadership and organizational skills
  • Excellent communication and people skills
  • An analytical mind, comfortable with numbers


On a fixed contractual term of three years, extendable by one year at a time, subject to a maximum term of five years.

CTC offered

At market linked compensation fixed by the Bank’s Board. Compensation shall not be a limiting factor for the right candidate and will be on case to case basis.

Roles and responsibilities

Finance strategy and forecasting:

  • Drive the Bank’s financial planning
  • Control and evaluate the Bank’s fundraising plans and
  • capital structure
  • Ensure cash flow is appropriate for the Bank’s operations
  • Supervise and manage a team of all finance personnel.

Controllership duties:

  • Presenting and reporting accurate and timely financial
  • information (both Solo and Group) while following SEBI and
  • RBI Compliances related to Financial Reporting
  • Oversee Statutory Audit function in the Bank and ensure
  • timely completion of the Audit.
  • Reporting to Audit Results as per SEBI requirement
  • Optimization of Tax Liability of the Bank
  • GST and TDS Compliance
  • Developing and maintaining accounting systems as per the
  • Accounting Standards and RBI Guidelines
  • Ensuring the timely completion and submission of financial
  • and Statistical reporting for management and regulatory
  • agencies.
  • Informing and advising Top management on the
  • organization’s financial condition
  • Implementation of IFRS/IND AS in Bank
  • Implementation & Compliance of FATCA/CRS & Country
  • by Country reporting
  • Supporting Group companies in compliance with the
  • accounting & tax requirements as per local regulators
  • Set up and oversee the Bank’s finance IT system
  • Development and maintenance of a business continuity plan
  • Any other assignment as given by higher authorities from time to time. The above roles & responsibilities are illustrative and not exhaustive.

Location of Posting : Delhi. However the candidate may be deputed to work anywhere else as deemed necessary.

For more details ad how to apply, click here.

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