Bangalore Metro Rail Corporation Recruitment 2020

NOTIFICATION FOR POST OF DIRECTOR (FINANCE)

Bangalore Metro Rail Corporation Limited, a Joint Venture of Government of India and
Government of Karnataka, is a Special Purpose Vehicle (SPV) entrusted with the responsibility
of implementing the Metro Rail Project in the city of Bangalore.
BMRCL has successfully completed the Phase – 1 of the Bangalore Metro Rail Project having a
track length of 42.3 Kms, which is currently under operation with daily ridership of about 4.8

Lakhs. The Phase-1 of the Project consists of Green Line (North-South) and Purple line (East-
West) comprising of 40 stations both elevated and underground.

Phase –II of the project consisting of 72 KMS with 4 extensions to the existing lines and 2 new
lines at an estimated cost of Rs26,405 Crores is under implementation.
Further, Government of Karnataka has accorded approval for construction of 55 kms of Metro
Rail Project, consisting of phase 2A from Central Silk Board to KR Puram and Project phase 2B
connecting Bangalore International Airport and the same is awaiting the approval of
Government of India.
BMRCL invites applications from qualified and experienced personnel for appointment to the
post of Director (Finance) on “contract basis” or “Deputation” only.

2. QUALIFICATION AND EXPERIENCE:
For Direct Recruitment
Minimum age 50 years but not more than 57 years as on the date of this notification.
Essential Qualification and Experience
Should be Graduate and Member of the Institute of Charted Accounts of India /Institute of costs
and Work Accounts of India /MBA with specialization in finance from a reputed management
institute such as the Indian Institute of Management.
• Candidate should have at least 25 years of post-qualification experience in Project Finance
/ Finance /Accounting/ Audit /setting up of Financial, Accounting and Audit systems and
procedures in a large public or private sector organization of repute. Out of the 25 years’
experience at least 7 years should be at the level of General Manager / Group General
manager or equivalent. Candidate should have knowledge and experience in managing
financial and accounting software.
• Candidate should be well versed with the latest accounting standards including GAAP, as
well as development related to IFRS, Ind-AS taxation, investment and portfolio
management, raising of funds, tender processes and contracting.
• Should have proven ability to handle related functions independently and lead a team of
finance, accounting and Tax professionals.
Desirables :
• Experience of arranging funding fromthe Global multilateral and bilateral funding agencies
and appraisal exercise and negotiations thereof, FEMA guidelines, ECB norms and RBI
compliance and related issues.
• Should have worked in a computerized environment and should be familiar with available
accounting and financial managementsoftware.
• International competitive bid- processing based on Global funding agency guidelines.
• Experience of working in a Metro Rail organization.
The experience criteria will be relaxed for very deserving candidates.

For Deputation
Minimum age 50 years but not more than 57 years as on the date of this notification.
Members of IA&AS, IRS and Group ‘A’ Accounts Services of Government of India (comprising of
IRAS, IDAS, ICAS, P&T, FAS, etc.) or equivalent service with 25 years’ experience shall be eligible
for applying to the post.
3.GENERAL CONDITIONS:
• The tenure of contract appointment shall be 5 years within the maximum age of
Retirement. May be extended by Two more years at the discretion of the Board.
Absorption shall be given preference.
• Candidates who have been shortlisted will only be called forinterview.
• The experience is post qualification and the minimum required. Mere possession of
minimum experience does not confer any right to be called for interview /selection.
• To & fro Air Fare (Economy class) will be reimbursed to outstation candidates on
production of Air Tickets and one way (Arrival) Boardingpass.
• Applications with Insufficient /Incomplete information will be rejected.
• Any canvassing by or on behalf of the candidates or to bring political or other outside
influence with regard to selection/appointment shall be adisqualification.
• Selection will be through interview by a Committee constituted by the Competent
Authority.
• Self-Attested photocopies of certificates and Marks Sheets in proof of Educational
Qualification (X standard / SSLC and onwards) and Self attested Photocopies of Experience
Certificate/s with a latest salary certificate containing detailed particulars of Basic Pay,
Scale of Pay, Perks etc. Originals should be produced for verification at the time of
interview.
• In case of candidates from Government / Quasi Government / PSU, ‘No objection letter’
from the present Employer has to be produced at the time of interview.
4.MEDICAL STANDARD:
Applicants should be of sound health and should meet the medical standards prescribed by
the Company. Appointment of selected candidates will be subject to medical fitness. No
relaxation in health standard is allowed.
5. Pay Scale for Direct recruitment
Consolidated remuneration of Rs.3,00,000/-permonth (Rs.2,75,000 pay and Rs. 25,000/-HRA)
+ other applicable allowances.
6. Tenure and age of retirement
The tenure of the Director is 5 years or 60 years of age whichever is earlier, extendable up to 62
years at the discretion of the Board.
Other facilities as per rules of the Company including the following:
• Chauffeur driven Car
• Reimbursement of outpatient medical expenses upto one month’s basic pay-p.a
• Medical and Personal Accident Insurance coverage
• Newspaper allowance
• Mobile / Residential telephone

7. Submission of Applications.
Candidates should fill in the application on-line, in addition to submission of on line application,
the candidates are required to submit hard copy of the application along with the set of attested
copies of the relevant documents, with two passport size photographs in a sealed envelope
Superscribed as “Application forthe post of Director(Finance)should reach the ManagingDirector,
Bangalore Metro Rail Corporation Limited, III Floor, BMTC Complex, K.H Road, Shanthinagar,
Bangalore – 560 027 by 30.06.2020

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