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DEPARTMENT OF PERSONAL AND TRAINING BOARD RECRUITMENT OF CHAIRMAN AND MANAGING DIRECTOR (MMTC)


DEPARTMENT OF PERSONAL AND TRAINING BOARD RECRUITMENT OF CHAIRMAN AND MANAGING DIRECTOR (MMTC)
MMTC Limited was incorporated under the Indian Companies Act, 1956 with the objective to become a leading international trading house. It is India's largest exporter of Minerals, Ores and single largest importer of bullion, ferrous and Non-Ferrous Metals, Fertilizers and leading exporter/importer of Coal, Agro commodities etc. The company has extensive market coverage of clientele in over 50 countries all over the world. The current objectives are to operate in the competitive global trading environment with focus on bulk as core competency and to improve returns on capital employed as well as to render high quality of service to all categories of customers with professionalism and efficiency. To diversify and add value to its trading operations, MMTC jointly with IPICOL, OMC and Govt. of Orissa has set up Neelachal Ispat Nigam Limited - an iron and steel plant in Orissa. It has one wholly owned subsidiary Company "MMTC Transnational PTe. Ltd. (MTPL)" in Singapore. It is a Schedule 'A' Miniratna CPSE in Trading and Marketing Services sector with the administrative jurisdiction of the Department of Commerce, Ministry of Commerce and Industry. The company employed 864 regular employees (Executives- 387 & Non-Executives-477) as on 31.3.2019. Its Registered and Corporate offices are at New Delhi. The authorized and paid up capital of the Company was Rs.200 crores and Rs. 150 crores respectively as on 31.03. 2019. The shareholding of the Government of India in the company is 89.96% as on 31.03.2019.

Job Descriptions

name of cpse Post Name Remuneration Number of posts Essential Qualification JOB DESCRIPTION age limit
MMTC Limited Director(Finance) 180000-3400001 The applicant should be a Chartered Accountant or Cost Accountant or a full time MBA/PGDM course with good academic record from a recognized University/InstitutionDirector (Finance) is a member of Board of Directors and reports to Chairman and Managing Director. He is overall incharge of finance and accounts functions of the organization, and is responsible for evolving and formulating finance policies as well as implementation thereof. 45
EMPLOYMENT STATUS:
The applicant must, on the date of application, as well as on the date of interview, be employed in a regular capacity – and not in a contractual/ad-hoc capacity – in one of the followings :-
(a) Central Public Sector Enterprise (CPSE) (including a full-time functional Director in the Board of a CPSE);
(b) Central Government including the Armed Forces of the Union and All India Services
(c) State Public Sector Enterprise (SPSE) where the annual turnover is *Rs 2,000 crore or more
(d) Private Sector in company where the annual turnover is *Rs 2,000 crore or more.
EXPERIENCE
(i) The applicant should have at least five years of cumulative experience at a senior level during the last ten years in the area of Corporate Financial Management/ Corporate Accounts in an organization of repute. (ii) Applicants from Organized Group ‘A’ Accounts Services should have at least five years cumulative experience at a senior level during the last ten years in the area of Corporate Financial Management/ Corporate Accounts. (iii) ‘The relevant experience’ in respect of applicants from Central Government/Armed Forces of the Union/All India Services would include at least seven years of cumulative experience at a senior level during the last ten years in the area of Corporate Financial Management/ Corporate Accounts.
SUBMISSION OF APPLICATIONS
All applicants should send their applications as per the format. The applicants should submit their applications through proper channel as follows: (a) Government Officers, including those of the Armed Forces of the Union and All India Services: through Cadre Controlling authority; (b) CMDs/MDs/Functional Directors in CPSE: through the concerned Administrative Ministry; (c) Below Board level in CPSE: through the concerned CPSE; (d) CMDs/MDs/Functional Directors in State PSE: through the concerned Administrative Secretary and Cadre Controlling Authority, if any, of the State Government; (e) Private Sector: directly to the PESB. 2. Applicants from Private Sector must submit the following documents along with the application form: (a) Annual Reports of the Company in which currently working for the 3 financial years preceding the calendar year in which the post is advertised (please provide URL or attach/enclose copies); (b) Whether the company is listed or not; if yes, the documentary proof (please provide URL or attach/enclose copies); (c) Evidence of working at Board level ; (d) Self-attested copies of documents in support of age and qualifications;



Start Date :27-6-2019

End date :4-9-2019

Official Notification

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