Public Enterprises Selection Board
Department of Personnel & Training
Block 14, P E Bhavan, CGO Complex, New Delhi-110 003
Dated 14th May, 2009
Subject: Selection for the post of Director (Finance),
Central Coalfields Limited in Schedule 'C' scale of pay.
The Public Enterprises Selection Board (PESB) is seeking qualified candidates for the post of Director (Finance) Central Coalfields Limited (CCL) in Schedule 'C' scale of pay of Rs.22500-600-27300. A copy of the job description for the post is enclosed.
2. It is requested that names of candidates seniority-wise who are found suitable for the said post as per the requirements indicated in the job description alongwith their up-to-date bio-data (in the prescribed form) duly endorsed may kindly be forwarded to PESB by 27th July, 2009 It is also requested that advance action may be taken to keep the ACRs for the last 5 years, of those candidates ready alongwith their latest vigilance profile [(i) penalty imposed, if any during the last 10yeasrs (ii) details of disciplinary action initiated/being initiated if any, etc.] to be furnished as and when the selection meeting is scheduled.
3. In case the relevant details are not received within the stipulated time, it will be assumed that there are no eligible candidates to be sponsored for the post.
1. All Chief Executives of other Central PSUs (including subsidiaries) for circulation among the eligible candidates.
2. All Chief Secretaries of State Govt.s /UT’s (for circulating the vacancy among Govt.Officers and State PSU’s.)
PUBLIC ENTERPRISES SELECTION BOARD
NAME OF THE PSU : Central Coalfields Limited (CCL).
NAME OF THE POST : Director (Finance)
DATE OF VACANCY : 18.03.2009
SCHEDULE OF THE POST : "C"
SCALE OF THE POST : Rs.22500-600-27300
1. COMPANY PROFILE:
Central Coalfields Limited was incorporated under the Indian Companies Act 1956 with the objective to manage the nationalized/takeover coal mines of Central division of Coal Mines Authority. It is a schedule ‘B’ Mini Ratna PSE under the administrative control of Ministry of Coal.
Registered and Corporate offices are in
The authorized and paid up share capital of the Company was Rs.1100 crore and Rs. 940 crore respectively as on March 31, 2008.
CCL is a 100% subsidiary of Coal India Limited.
2. JOB DESCRIPTION AND RESPONSIBILITIES:
Director (Finance) is a member of Board of Directors and reports to the Managing Director. He is overall in charge of finance and accounts functions of the organization. He is also responsible for formulation of policies relating to finance and accounts and implementation thereof.
I. AGE: On the date of occurrence of the vacancy:
(i) Minimum 40 years
(ii) Not more than 58 years for internal candidates and
not more than 57 years for others.
The age of superannuation is 60 years.
II. QUALIFICATION AND EXPERIENCE:
The incumbent should be a Cost Accountant/Chartered Accountant/MBA with specialization in Finance with good academic record from a recognized university/institution.
He should have managerial experience at a senior level in corporate financial management and accounts including Cost and Budgetary Control, Institutional Finance, Working Capital Management in an organization of repute.
Provided that minimum qualification is relaxable in the case of internal candidates with sound and adequate background and experience.
III. PAY SCALE/TURNOVER:
(a) Central Public Sector Executives.
Executives holding posts in the pay scale of:
(i) Rs.6250-7475/-(pre 1.1.1992 scale)
with (ii) Rs.8250-10050/- (post 1.1.1992 scale) industrial
(iii) Rs.18500-23900 (post 1.1.97 scale)
(iv) Rs. 14300-18300 with Central DA (pre-revised)
The minimum length of service required in the eligible scale will be one year for internal candidates and two years for others on the date of vacancy.
(b) State Public Sector Executives/Private Sector Executives
Executives working in companies where the annual turnover is in excess of Rs. 50 crore.
(c) Government Officers
Provided that notwithstanding the qualifications and experience prescribed, Government officers of the level of Director in Govt. of India or on equivalent scale of pay or officers of the level of Brigadier in the Army or equivalent rank in Navy/Air Force on the date of vacancy with adequate experience in the relevant field will be eligible for consideration on immediate absorption basis.
4. DURATION OF APPOINTMENT
The appointment shall be for a period of five years or upto the date of superannuation whichever is earlier.
5. SUBMISSION OF APPLICATIONS
Prospective candidates from the Central Public Sector and Government officers shall send their applications, through proper channel, in the format at Annexure I.
State Public Sector Executives/Private Sector Executives shall submit their applications, in the format at Annexure II, alongwith
(i) a write up on the significant contributions made by them during their present/past assignments and their suitability for the post.
(ii) the annual report for the last audited financial year, or annual turnover figures duly certified by the Company Secretary/CFO.
(iii) the applications for various categories of the officers are routed THROUGH PROPER CHANNEL AS FOLLOWS:
a. for Government Servants: through Cadre Controlling authority.
below Board level in
d. for CMD/MD/Director in State PSE: the State Government.
e. for below Board level State PSE: the concerned PSE
In addition to the above, Private Sector Executives must submit the following documents alongwith the application form.
(i) Attested copies in support of age and qualifications;
(ii) Annual Reports of the Company for the last 5 years;
(iii) Evidence of listing on the Stock Exchange;
(iv) Evidence of working at Board level or reporting directly to a director on the Board i.e. one level below Board level;
(v) The details of Job handled in the past with details/particular references.
Annexure-I and Annexure-II may be downloaded from the website of PESB.
Last date of receipt of applications in PESB is 27th July, 2009. No application shall be entertained under any circumstances after the stipulated date.
are to be addressed to Dr. P. S. Behuria, Secretary, Public Enterprises
Selection Board, Public Enterprises Bhawan, Block No. 14, CGO Complex,
ALL CORRESPONDENCE WITH THE PUBLIC ENTERPRISES SELECTION BOARD SHOULD BE ADDRESSED TO SECRETARY, PUBLIC ENTERPRISES SELECTION BOARD ONLY