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HMT LIMITED RECRUITMENT OF DIRECTOR(FINANCE)


HMT LIMITED RECRUITMENT OF DIRECTOR(FINANCE)
HMT Limited was incorporated as Hindustan Machine Tools Limited in 1953 primarily with the object of undertaking manufacture of Machine Tools. HMT later diversified into manufacture of a wide range of products like watches, Tractors, Bearings, Dairy Machinery, Printing Machinery, etc. In the year 2000, HMT restructured its business activities into different subsidiary companies under the ambit of a Holding Company. Currently, HMT Machine Tools Limited and HMT (International) Limited are the only two operative subsidiaries of the company. The company is a Listed schedule ‘A’ CPSE with the administrative jurisdiction of Department of Heavy Industry, Ministry of Heavy Industries and Public Enterprises. Its Registered and Corporate office is at Bengaluru, Karnataka. The company employed 101 regular employees (Executives- 39 & Non-Executives- 62) as on 31.3.2019. The authorized and paid up capital of the company is Rs. 2100 crores and Rs. 392.46 crores respectively as on 31.03.2019. The shareholding of the Government of India in the company is 78.62%

Job Descriptions

Post Name Remuneration Number of posts Essential Qualification age limit
Director(FINANCE) Rs. 25750-30950 (IDA)1 (i) 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/Institution45
JOB DESCRIPTION AND RESPONSIBILITIES
Director (Finance) is a member of the Board of Directors and reports to Chairman and Managing Director. He is overall in charge of the finance and accounts of the organization and is responsible for evolving and formulating policies related to finance and accounts as well as implementation thereof
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 1500 crore or more; (d) Private Sector in company where the annual turnover is *Rs 1500 crore or more. Preference would be given to candidates from listed Companies



Start Date :17-7-2019

End date :16-9-2019

Official Notification

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