SRINAGAR: Indian Oil Corporation Limited (IOCL), a multinational oil and gas company, is presenting an exciting opportunity for individuals with finance backgrounds to join the organisation as Assistant Finance Officers in Grade A0. The application deadline for this position is August 31, 2023.
To be eligible, candidates must have completed graduation in any discipline, passed the CA Intermediate or CMA Intermediate from the CA or CMA institute, respectively, and possess a minimum of three years of relevant work experience in the finance function.
Moreover, candidates need to have at least three years of relevant work experience in finance, including experience in finance, accounting, taxation, cost accounting, auditing, etc.
Additionally, candidates from the general/EWS category should not exceed 30 years of age as of June 30, 2023. Relaxations for candidates from other categories will be applicable as per the Government of India guidelines.
The selection process for IOCL Assistant Officer (Finance) will encompass a percentage of marks in CA Intermediate or CMA Intermediate (both groups), followed by a group discussion (GD), group task (GT), and a personal interview (PI).
Candidates chosen as Assistant Officers (A0 grade) will receive an initial basic pay of Rs. 40,000 per month and will be positioned within the pay scale of Rs. 40,000–1,40,000. Additionally, selected candidates will be entitled to Dearness Allowance (DA) and other allowances per the corporation’s current regulations, subject to amendments as and when they occur.
Further benefits comprise house rent allowance (HRA), company accommodation, medical benefits for both self and dependents, leave travel concession (LTC), performance-related pay (PRP), advances such as house building advance (HBA) or conveyance advance, a group personal accident insurance scheme, as well as superannuation benefits, including gratuity, provident fund, pension scheme, and post-retirement medical benefits, all in accordance with the corporation’s policies.
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