IWAI Recruitment 2024 Notification for the post of Sr.Consultant

IWAI Recruitment 2024 Notification for the post of Sr.Consultant

Brief Employment Notice No. IWAI/Fin./CAO/4344/2017-18-Part(3) Dated 09.08.2024

Engagement of 01 position of Sr. Consultant (Bond) for Head Office Noida purely on contractual basis, for a period of one year, likely to be extended for further 02 years.

The Inland Waterways Authority of India is an Autonomous Body constituted by the Act of Parliament, Inland Waterways Authority of India Act, 1985 (82 of 1985) under Ministry of Ports, Shipping and Waterways. Government of India, for regulation, development & maintenance of National Waterways.

It is proposed to engage 01 position of Sr. Consultant (Bond) purely on Contractual basis, (initially for the period of one year, likely to be extended for further 02 years) and invite application from interested and eligible candidates. The maximum age limit, as on the closing date of receipt of application is 63 years. The last date for receipt of application is 30 days from the date of advertisement i.e. 10.09.2024. Eligible candidates may apply with application in prescribed proforma, to be addressed to the Assistant Secretary (A&E), IWAI, Noida.

For further details as regards eligibility, ToR etc. please visit IWAI Website www.iwai.nic.in.

Employment Notice No. IWAI/Fin./CAO/4344/2017-18-Part(3) Dated 09.08.2024

Engagement of 01 position of Sr. Consultant (Bond) for Head Office Noida on contractual basis, for a period of one year, likely to be extended for further 02 years.

The Inland Waterways Authority of India is an Autonomous Body constituted by the Act of Parliament, Inland Waterways Authority of India Act, 1985 (82 of 1985) under Ministry of Ports, Shipping and Waterways, Government of India, for regulation, development & maintenance of National Waterways.

2. For carrying out works dealing various service matters of finance Wing, Grievances, various correspondence with Ministries & Govt. agencies etc., it is proposed to engage 01 position of Sr. Consultant (Bond) purely on Contractual basis for the period of one year for Head Office, Noida, and invite application from interested and eligible candidates, as per eligibility criteria & ToR details mentioned below:

Name of the Position : Sr. Consultant (Bond) -01 position

Essential Qualification:
Graduate in commerce with CA/ ICWA/CS.

Desirable :
Company Secretary with specialization in Finance.

Work Experience :
Applicant should be a retired Central / State Government Employees / Retired PSU employees / retired IIT employees at the Level 13 or above.
OR
Applicant should be from Non-Government / Private / Consultancy Firms / Multinational Organizations with minimum of 15 years post qualification experience in the relevant field of Finance.
Age : Minimum age criteria for the role of a Senior Consultant is 35 years and maximum age limit while inviting applications is capped at 63 years. However, in exceptional cases of highly specialized requirements, age beyond 65 years can be relaxed for not more than one year (upto a max of 2 years) only with the approval of the Chairman, IWAI.

Remuneration :
a. For Central / State Government / Retired PSU employees / retired IIT employees – Last pay drawn minus Pension plus entitled allowance and Retired PSU employees where no pension, 50 % of last pay drawn.
b. Fixed salary (for Non Government/Private/Consultancy Firms / Multinational organisations) – INR ₹ 1,25,000- 1,50,000 p.m.

Allowance: ₹ 3,600/- p.m as fixed transport allowancex

Job Description :

• Prospective candidate should be conversant with Bond /Debenture Issues and related Compliances as per SEBI Regulations/BSE Guidelines and related matters.
• Payment of Periodical Interest/Principle to the Bond Holders.
• Sound Knowledge as to the role of Trustee / Register & Transfer Agent, Rating Agency, Depositories and related compliances.
• Expertise in preparation of Periodical Financial Results including drawl of Accounts & Balance Sheet for Submission to the Statutory Authorities.
• Oversee all accounting and reporting functions including financial reporting, accounts, etc., for the organisation.
• Ensure implementation of accounting policies and procedures. Financial record keeping and document management.
• Timely preparation of prescribed reports and returns.
• Examination and vetting of proposals for financial concurrence including draft tender document and DPR’s etc.
• Familiarity with the working of State Governments, Central Government and the World Bank / PSU’s Autonomous Bodies.
• Maintenance and custody of relevant records.
• Excellent financial analysis skills.
• Knowledge of and ability to apply best practices of industry and accounting standards.
• Effective verbal and written communication skills in English and Hindi and noting and drafting formal letters

Responsibilities :

• Knowledge/understanding of Finance and Accounts and ability to maintain a good level of accuracy in preparing and processing financial documents.
• Submission of periodical reports to the Trustee, Rating Agencies, BSE, etc.
• Ensuring closing and reconciliation of Accounts and preparation of all financial reports and compliance to relevant accounting system.
• All other allied activities related to GoI Fully Service Bond and SEBI (LODR) regulation 2015.
• Processing and scrutiny of bills / invoices for timely payment as per the terms and condition of the contract.
• Assist in external / internal audit of organisation.
• Preparation of proposals for obtaining approvals of Competent Authority including agenda Notes for consideration of IWAI Board, SFC / EFC memorandum, note for cabinet committee etc.
• Drive the implementation of accounting and reporting processes, policies and tools.
• Excellent Financial analysis skills.
• Knowledge of and ability to apply best practices of industry and accounting standards.
• Track record of achieving results in past employment in an accounting area.
• Good at relationship building and strong interpersonal skills.
• Preparation of financial statements on quarterly & half yearly basis.
• Ensure implementation of accounting policies and procedures and compliance with accounting policies and procedures. Financial Record Keeping and Documents Management.
• Processing and scrutiny of Bills / Invoices for timely payments as per the terms and conditions of the Contract Agreement.
• Ensure that Vouchers, Books, Accounts etc. are maintained / updated properly.
• Ensure protection and security of files and records.
• PPP related matter and working in the area of PPP Model in IWAI for ongoing projects.
• Any other duties as may be assigned

The closing / last date for receipt of application is 30 days from the date of advertisement i.e. 10.09.2024. Eligible candidates may apply with application in prescribed proforma, to be addressed to the Assistant Secretary (Admn. & Estt.), IWAI, A-13, Sector-1, Noida-201301 (U.P.), through Registered Post / Speed Post only.

The applicant must enclose the self-attested copies of Certificates, testimonials in support of the eligibility criteria as stipulated in the advertisement, failing which the candidature shall be treated as non-eligible. The decision of the Authority as regards to the eligibility of a candidate or otherwise shall be final and no correspondence in this regard will be entertained.