General Manager (Finance & Accounts)

Overview

Bharat Sanchar Nigam Limited (BSNL) invites applications for Engagement of General Managers in Finance & Accounts Streams in BSNL on contractual basis from open market. Candidates fulfilling the prescribed eligibility conditions & possessing requisite qualification, work experience, etc. as detailed in following enclosures are eligible to apply.

Important Dates

Vacancy Details

Total Posts: 15 (Tentative)

The number of Posts mentioned above are provisional. BSNL shall reserve the right to decrease or increase the number of posts to be filled depending on the requirement of the organization.

Job Profile & Key Functions

The General Manager will be responsible for financial stability, efficiency and strategic support for telecom operations including supporting top management in decision-making, ensuring financial discipline in operations and aligning finance with business growth and telecom expansion.

Key Functions:

• Financial Planning: Budgeting, forecasting and strategic financial decisions
• Cost Control: Monitoring CAPEX/OPEX and ensuring efficient utilization
• Reporting & Compliance: Financial statements, audits, and regulatory compliance
• Revenue generation strategies, billing and receivables management
• Revenue Assurance: Ensuring accurate billing and preventing revenue leakage
• Project Finance: Evaluating telecom projects (network expansion, Turnkey projects, IT systems etc.)
• Treasury Management: Managing cash flow, funds and banking relationship.

Eligibility Criteria

Age Limit

The maximum age limit of the applicant is 50 years as on the closing date of submission of application.

Educational Qualification

The candidate must possess any one of the following qualifications:

• Chartered Accountant (CA)
• Cost & Management Accountant (CMA)
• MBA (Finance) from a recognized university/institution
• PG Diploma in Management (Finance) from a recognized university/institution

All qualifications must have been acquired from Indian or Global Institutes/Universities, recognized by UGC or AICTE (whichever is applicable) or any other appropriate statutory authority in India or abroad.

Experience

The candidates should have more than 15 years of post-qualification work experience in Executive/ Management grade in the Finance and Accounts domain including at least 5 years in Senior Executive/Managerial level of DGM and above, in listed companies or high-turnover firms with 3 years average turnover of Rs.3000 Crores or above supported by audited financial statements or credible documentary evidence.

The experience should be specifically in accounts and finance arena including:

• Finance & Accounts
• Financial Planning & Budgeting
• Audit & Assurance
• Taxation (Direct & Indirect)
• Statutory and Internal Compliance
• Capital and Revenue Expenditure Monitoring
• ERP and Financial MIS
• Telecom/Consumer market related financial frameworks

Strong analytical and problem solving skills are essential. Excellent communication and interpersonal skills are necessary for interacting with various stakeholders. Prior consultancy assignments with government bodies, PSUs or telecom sector entities will be an advantage. Knowledge of BSNL’s operational and financial environment (preferred, but not mandatory).

Remuneration & Entitlements

Initially a monthly remuneration of Rs. 2,25,000/- (Rupees Two Lakh Twenty Five Thousand only). This compensation is subject to statutory Tax Deducted at Source (TDS) and other applicable government levies. An annual increment of 5% (five percent) shall be granted. The remuneration is consolidated. No Dearness Allowance or other additional allowances shall be admissible, except as expressly stated herein.

The engagement is entitled to a residential Service Telephone Connection and a vehicle for official purposes, strictly in accordance with General Manager grade entitlements. He/she would be ineligible for further facilities, including residential accommodation or medical reimbursement. This position does not carry any entitlement to pensionary benefits or post-retirement medical facilities available to regular employees. The engagement is not entitled to additional benefits, allowances or service-related perks except those mandated by law, such as EPF, Gratuity or any other statutory benefits as per prevailing Government of India regulations and BSNL notifications issued from time to time.

Selection Procedure

Selection for engagement to the post of General Manager on a contractual basis shall be made through a structured evaluation process based on the following criteria and weightages:

• Stage-I: In first stage of selection, the prospective candidates shall be shortlisted based on age, length of experience in relevant field and qualifications possessed as per benchmark/criteria. The process of short-listing will be provisional and without verification of documents. Candidature will be subject to verification of all details/ documents with the original when a candidate reports for interview (if called).
• Stage-II: The candidates shortlisted during Stage-I shall be called for Group Discussion and Presentation followed by interview for final selection. Date, venue for interaction & other details shall be intimated to shortlisted candidates in due course of time through email. At the time of interview, the shortlisted candidates shall have to produce their bio-data and certificates, in original for verification.

Criteria and Weightage:

An empanelment of 30 candidates shall be prepared in order of merit for carrying out further necessary action, as required by the organization. The empanelment of candidates shall remain valid for a period of 6 months from the date of approval of the panel. Engagement to the post of GM Finance on contractual basis shall be made from the empaneled list as and when vacancies arise during the validity period.

Place of Posting

The selected candidates may be posted either in Corporate Office or in any Circle or in any Unit of BSNL depending on company’s requirement. The proposed place of posting/location as per Schedule II is indicative. BSNL reserves the right to post or transfer the services to any of the offices of BSNL depending upon the exigencies of service.

Proposed Place of Posting/Location Details:

How to Apply

Candidates applying for the said post are required to apply on the link provided on BSNL web site www.bsnl.co.in/aboutus/careers. Candidates are required to take print-out of the computer generated registration form for their record and future purposes. The prescribed examination fee Rs.1000/- (Rupees One Thousand only) shall be paid through online mode only (i.e. Internet Banking, Credit Card, Debit Card only) on BSNL website.

Applicants currently serving in Government Departments, Quasi-Government Organizations or Public Sector Undertakings may apply through proper channel or submit a No Objection Certificate (NOC) from their present employer at the time of interview. In case NOC is not submitted at the time of interview, the candidate shall be required to furnish the same along with Vigilance Clearance (VC) at the time of issuance of offer of engagement or prior to joining, failing which the offer shall be liable to be withdrawn.

Documents Required

Following documents are required to be submitted along with the application:

• CV/Resume
• Passport size photograph
• Copy of Proof of Date of Birth
• Copy of PAN
• Copy of Qualification Certificates
• Copy of Experience Certificates
• No Objection Certificate and Vigilance Clearance, if employed in Government Department/PSU.
• Copy of Salary Certificate
• Undertaking that there is no conflict of interest with BSNL operations or other clients
• Undertaking that he/she has no criminal record or no criminal case is pending against him/her in any court

All photocopies of documents submitted along with the application should be self-attested by the candidate. Candidates will have to produce the original documents for verification at the time of interview/joining/when asked for.

Other Important Information

• Engagement Period: Initially for a period of one (01) year (from the date of joining) which may be extended up to maximum period of five (05) years (i.e. 1+4 pattern) subject to performance review.
• Indemnity Bond: An Indemnity Bond shall be executed in favor of Bharat Sanchar Nigam Limited (BSNL) for an amount of Rs.10,00,000/- (Rupees Ten Lacs only), on non-judicial stamp paper of appropriate value, prior to assumption of charge of the post.
• Disqualifications: A candidate shall be disqualified if dismissed from service, convicted by a court of law for an offence involving moral turpitude, furnished false information, suppressed material facts, declared medically unfit, or if marital status disqualifies as per Central Government rules.
• Integrity & Vigilance Clearance: Candidate must not have any criminal background, pending police/vigilance/criminal cases, or been found guilty of financial irregularities, fraud or misconduct in any previous assignment. A self-undertaking is required.
• Working Hours & Leave: As per BSNL working hours. Can be called for work on any Holiday or Saturdays or Sundays on need basis without any payment for overtime; compensatory leave allowed. Eligible for 12 days CL in a calendar year @ one casual leave per month on pro-rata basis.
• Confidentiality & Conflict of Interest: Selectee shall keep confidential all BSNL information/transactions/data. Must submit an undertaking that there is no conflict of interest with BSNL operations or other clients and disclose any actual or potential conflict of interest.
• Termination: BSNL reserves the right to terminate the contract by giving three months’ notice or payment in lieu thereof under specified situations (e.g., inability to do work, unsatisfactory quality, unauthorized absence, lacking honesty/integrity, misconduct, breach of contract or policy changes).
• Legal Jurisdiction: Delhi in case of any dispute.
• Nationality: Only Indian Nationals would be eligible to apply.

Important Links

• Official Website: www.bsnl.co.in
• Application Link: https://bsnl.co.in/aboutus/careers
• Notification PDF: https://bsnl.co.in/documents/jobs/Appl_for_GMs_Finance_Accounts.pdf

General Manager (Finance & Accounts) Recrui FAQ

What is the last date for General Manager (Finance & Accounts) Recrui?

The last date is mentioned in the official notification.

What is the qualification for General Manager (Finance & Accounts) Recrui?

The required qualification is Chartered Accountant (CA), Cost & Management Accountant (CMA), MBA (Finance) from a recognized university/institution, PG Diploma in Management (Finance) from a recognized university/institution.

Where can I apply for General Manager (Finance & Accounts) Recrui?

Candidates can apply through the official apply link given in the Important Links section.