CA experienced as director finance at Lucknow Metro Rail Corporation Limited
No-280/LMRC-HR 18/2014 Date :16.05.2014
NAME OF THE POST : DIRECTOR (FINANCE)
NUMBER OF POSTS : One
DATE OF VACANCY : 01.06.2014
SCALE OF THE POST : Rs. 75000-100000/-/- (IDA Pattern) along with other
allowances/perks/privileges as applicable for the post as per LMRC rules.
Officers on deputation will be paid as per Central Govt. rules for deputation, besides
perks and allowances as admissible by LMRC.
1. COMPANY PROFILE
Lucknow Metro Rail Corporation Limited (LMRC) has been set up by
Government of Uttar Pradesh as a special Purpose Vehicle for implementation
and operation of rail based Mass Rapid Transit System (Metro) in the capital
city of Lucknow. It was incorporated as a Government company on 25th
November 2013. The first Phase of the proposed Metro rail network is planned
to consist of a North-South corridor from CCS Airport near Amausi to Munshi
Pulia via Charbagh Railway Station and Hazratganj (22.878 km.), estimated to
cost Rs 6,880 cr as completion cost.
Company aims to set up highest standards in delivery of world class modern
Metro System for the city of Lucknow to the best of international practices in
implementing such a mega infrastructure project in highly complex urban
environment in strict time schedule and cost estimate.
Apart from implementing Metro project in Lucknow, the Company aims to
develop expertise in undertaking studies and providing consultancy service for
planning and developing similar Mass Rapid Transit Systems in the other
major cities of Uttar Pradesh in due course.
In addition to it, the LMRC is also entrusted with the responsibility of
reconstruction of head quarters of 32nd Battalion PAC located at Kanpur road
near Transport Nagar. For strengthening its financial resources, LMRC has to also develop 150 acres of land being provided by Govt. of U.P. besides other
properties as "Property Development", as also generate non-fare box revenue.
2. JOB DESCRIPTION AND RESPONSIBILITIES
Incumbent of the post shall be a member of the Board of Directors of LMRC and
will report to the Managing Director of the Company. He will be responsible for
the overall financial management of the Company. This would inter-alia include,
but not be limited to, the following :-
1) Overall supervision of the finance and accounts functions.
2) Fund management (receipts, payments, cash and bank transactions, cash and
fund flow etc) including ensuring that the financial resources are secured and
funds deployed efficiently and effectively.
3) Ensuring Financial Reporting including P&L, Balance sheet etc, duly audited
by Internal Audit / Statutory Audit.
4) Project-related financial planning, follow up with funding agencies,
submission of compliance, narrative reports and MIS.
5) Coordination with State Government, Government of India, Financial
Institutions in India and overseas.
6) Compilation of "Financial Manual".
7) Installation of ERP packages in respect of Modules relating to Finance and
Accounts.
8) Providing operational oversight from finance / accounts angle for the overall
project implementation.
9) Coordinating the consolidation of the annual, short and long term financial
plans, budget forecasts, and to prepare, analyze and report the results to the
Management.
10) Optimizing deployment and ensuring adequacy of financial resources
during the implementation of the Project.
11)Appraisal of financial risks and remedial actions.
3. ELIGIBILITY
I. AGE (as on 01.06.2014)
Minimum - 45 years
Maximum - 58 years
II. QUALIFICATION AND EXPERIENCE
i) The applicant should be a graduate with first class in any discipline from
a recognised university/ institution of repute. An applicant who is a
member of the Institute of Chartered Accountants of India or who
possesses an MBA degree with specialization in Finance from an
institute of repute will have an added advantage.
ii) An applicant from Government or public sector should have a minimum
of 20 years of experience in Group 'A' or equivalent executive grade. An
applicant currently not in Government or public sector, but having
earlier experience of at least 20 years in Group 'A' or equivalent
executive grade in Government or public sector, shall also be eligible.
Applicants who have worked for at least 2 years in the pay scale of Rs.
51300 — 73000 (IDA) or in SA grade (with grade pay of Rs. 10,000 in
Pay Band 4 of the revised CDA pay band of Rs. 37400 — 67000) in
Government/ PSUs will have an added advantage.
iii) An applicant from private sector with a minimum of 20 years experience
at an executive level in an organization of repute shall also be eligible.
iv) The aforesaid experience should be in the areas of resource
mobilisation, project financing, budget, financial control, cash flow
management, dealings with international funding agencies, complying
with project related requirements of international funding institutions,
international contract management including global tenders, project
evaluation, taxation, monitoring of receivables in projects of repute,
handling financial management softwares in a computerised
environment. At least 5 years of such experience should be at a senior
level in Finance.
4. DURATION OF APPOINTMENT
The appointment shall be for a period of 5 years or upto the age of
superannuation, whichever is earlier, on contractual or deputation basis, as the
case may be. Further extension to tenure shall be with the approval of the
Board of Directors of the Company. General age for superannuation will be 60
years unless extended otherwise by the competent authority.
5. SUBMISSION OF APPLICATIONS
(i) Prospective candidates should send their application in the format at
Annexure-1 furnishing a comprehensive Bio-data including name, date
of birth, address for communication, details of qualifications and
experience covering organisation, position held, areas of responsibility
and emoluments drawn etc. along with two copies of passport size
photographs.
(ii) The applications should accompany, inter-alia, a write up on the
significant contributions made by the candidates during their present/past
assignments and their suitability for the post as per the eligibility
requirements.
(iii) Additional information in support of their candidature may be provided
by the candidates on plain sheets of paper.
(iv) Persons employed with Government/ Railways including Railway PSUs
/ Metro Rail Corporations shall apply through proper channel and shall
produce a 'No Objection Certificate' from their employers at the time of
interview. Other candidates can submit their applications directly.
(v) Applications in a sealed envelope superscribed as "Application for the
post of Director (Finance), LMRC" should reach office of of '' The
Company Secretary, Lucknow Metro Rail Corporation Ltd, 1st Floor,
Janpath Market, Hazratganj, Lucknow - 226001" latest by 13.06.2014.
Applications received late or incomplete will not be entertained.
The Lucknow Metro Rail Corporation reserves the right to shortlist candidates for
interview. Decision of the selection committee shall be final.
6. PAYMENT OF TA
All the candidates called for interview shall be paid to & fro Flight Charges
(Economy Class for domestic travel within India only) on production of
requisition.
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