Air India Assets Holding Limited (AIAHL) established under the Companies Act, 2013 having its registered office at Airlines House, 113 Gurudwara Rakabganj Road, New Delhi -110001 is a 100% Government of India PSU Company) incorporated in January 2018 as a Special Purpose Vehicle (SPV) formed by the Govt. of India for the purpose of disinvestment of Air India Limited, incorporated mainly to acquire from Air India i) shares held in identified Air India subsidiaries, ii) non-core non-operational assets, iii) identified immovable properties and pay-off the identified loans of Air India Limited from refinancing by raising fresh debt and through monetization proceeds from sale/disposal of such identified assets of Air India Limited and Air India’s identified subsidiaries.
AIAHL invites applications from the eligible candidates for filling up the following post:
|S.NO.||POST||NO. OF VACANCIES||PLACE OF POSTING||SALARY & EMOLUMENTS (Cost to Company)|
|1.||Chief Financial Officer-CFO||01||Delhi||Rs.1,50,000/-|
The eligibility criteria and other details are as under:
(a) Qualification: Qualified Chartered Accountant from the Institute of Chartered Accountants of India OR Cost Accountant from Institute of Cost Accountants of India. Should be a member of the Institute of Chartered Accounts of India or a member of the Institute of Cost and Works Accountants of India.
(b) Experience: Should have minimum 10 years’ post qualification experience in maintenance of Accounts, Budgetary Control, Final Accounts, Expenditure Accounting, Revenue Accounting, Statutory Compliance, Auditing and Taxation matters, Working Capital Management, Financial Planning etc. The candidate with working experience of having worked in a Government/PSU organization working experience environment, will be given preference. Out of 10 years’ experience 02 years should be in seniorposition as per details given below:-
(C) Age: Maximum 60 years as on 1st July, 2021.
(D) Job Description: The post carries the duties and responsibilities as overall In-charge of all the financial activities of the Company viz. Expenditure Accounting, Revenue Accounting, Statutory Compliance, Auditing and Taxation matter, etc. and involves Reporting to the Board of the company.
(E) Selection procedure: Selection procedure involves personal interview of the candidates
who prima facie meets eligibility criteria & Pre-Employment Medical Examination.
The Candidates will have to bear the cost of Pre-Employment Medical Examination and
any additional tests, if required, the additional cost thereof will also have to be borne by
(F) Fixed Term Employment Contract: The selected candidate will be appointed on a Fixed
Term Employment Contract for a period of five years extendable by another five years,
subject to candidate’s age not exceeding 65 years, based on performance of the
candidate/incumbent. The tenure can be extended or curtailed as per the requirements
of the Company. The contract could be terminated at the discretion of the management
during the period of contract, and/or in the event of unsatisfactory performance.
How to Apply:-
Candidates who wish to apply are advised to print the Application Format attached below,
fill it and send the application by Post/Speed post/courier at following address in an envelope
that must be super scribed with the post:
Post Applied for Chief Financial Officer-CFO
Air India Assets Holding Limited (AIAHL),
Ground Floor, Airlines House, 113 Gurudwara Rakabganj Road, New Delhi -110001
The last date of receipt of application is 1700 hours on 23rd July, 2021 on the above address. Applications received after the last date will not be entertained.
Any extension in the last date for submission of the applications receipt in AIAHL shall be notified only on the AIAHL & AI websites.
Applications received late/incomplete/mutilated or without any of the supporting documents with regard to eligibility criteria, will be rejected. AIAHL will not be responsible for any postal delay/loss of any document during transit.
Applicants servicing in Government/Semi-Government/Public Sector Undertakings should apply through proper channel and also submit NOC from their present employer prior to interview.
Management reserves the right to change in above schedule/conditions, based on requirements.
Candidates are required to submit following documents with the application:-
i) A duly filled in Application Form in the prescribed format which is available on Website of in and on www.airindia.in
ii) A recent passport size photograph pasted in the space provided in the Application Format.
iii) One set of photocopies of supporting testimonials for date of birth, caste, qualification, experience etc. will be required to be submitted with the application. In case copies of required documents/certificates are not submitted with the application, the application will be rejected. Original certificates will be required at the time of Interview.
iv) If the candidate is working in private sector, he is required to submit a certificate from the existing employer that the post held by him is not more than 2 levels below the post of CEO.
v) The Demand Draft for an amount of Rs.1,500/- (Rupees One Thousand Five Hundred only) drawn in favour of Air India Assets Holding Limited, payable at New Delhi (Not Applicable for SC/ST).
Canvassing in any form will disqualify the candidate.
Source – Air India Assets Holding Limited Website
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