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NF-12012(26)/1/2025-ESTT-NFRA National Financial Reporting Authority **** 7th Floor, Hindustan Times House, Kasturba Gandhi Marg, New Delhi Dated: 20th February 2025 CIRCULAR Filling up the post of General Manager (GM) in NFRA at New Delhi on a Deputation/Short-Term Contract basis NFRA, New Delhi, is a statutory body set up under Section 132 of the Companies Act, 2013. NFRA has been established to protect the public interest and the interests of investors, creditors and others associated with the companies or bodies corporate by establishing high-quality standards of accounting and auditing and exercising effective oversight of accounting functions performed by the companies and bodies corporate and auditing functions performed by auditors. 2. The Authority proposes to fill up the posts of General Manager in its headquarters in New Delhi. The appointment for the post will be on a deputation / Short-term Contract basis, for three years. 3. The eligibility for recruitment on a deputation / short-term contract basis on the post is as follows: • For Deputation: - Group A Officers from All India or Central Civil Services with: • 5 years of regular service in Level 12 (Rs. 78800-209200) in the pay matrix, OR •10 years of regular service in Level 11 (Rs. 67700-208700) in the pay matrix - Minimum 5 years of experience in one or more of the following fields: Law, Investigation, Finance, Economics, Accountancy, Auditing, or Administration. For Short-Term Contract: - Officers from RBI, Public Sector Banks, Government Financial Institutions, Regulatory Bodies, Statutory Bodies, Public Sector Undertakings, and other Government Institutions - Minimum 14 years of experience in the officer cadre. - At least 7 years of post-qualification experience in Law, Investigation, Finance, Economics, Accountancy, Auditing, or Administration. 4. The Educational Qualification prescribed for recruitment on a short-term contract basis on the post is Master of Business Administration (MBA); or equivalent with specialisation in Finance; or Chartered Accountant (CA); orF,hartered Financial Analyst (CFA); Postgraduate degree in Economics, Finance, or any o\her relevant discipline from a recognised University or Institution. A degree in Law from a recognised University is desirable. 5. The applications are being sought for roles in reviewing the financial statements, monitoring/ review/ oversight over audit quality and enforcing compliance with auditing and accounting standards. The applications are also being sought from applicants for ITrelated work, including cyber security, data management, development and implementation of IT strategies aligned with NFRA's objectives and goals etc. Consequently, applicants may include in their Statement of Purpose their suitability for these roles. Officers who have discharged functions related to General Office Management, Finance & Accounts, and HR & Administration may also apply. 6. Monthly emolurnents at the rninirnurn pay scale work out to approximately Rs 2.62 lakhs. HRA, Transport, Medical, Telephone bill reimbursement etc. are also paid as applicable. Employees on a Deputation/ Short-Term Contract basis may choose to receive either the pay of the post or their parent cadre pay with deputation allowance. The decision of the Competent Authority in NFRA regarding pay and allowances is final and binding. 7. The tentative number of vacancies in GM is 03 (three). However, NFRA reserves the right to fill all the posts or not to fill up the posts at all. The Authority shall reserve the right to decrease or increase the number of posts to be filled in in case of best suitability. The Authority also reserves the right to cancel the advertisement fully or partly on any grounds. 8. The selection process may involve a suitability assessment (written test and/or interview), as decided by NFRA. 9. Candidates should satisfy themselves about their eligibility for the post applied for.NFRA shall determine their eligibility and only eligible candidates will be called for a written test/ Interview. 10. The maximum age limit for a Deputation or Short-term Contract is 56 years as of the closing date for application submission. 11. The candidates applying for the post should route their applications in the prescribed proforma (Annexure) through their cadre controlling authority along with attested copies of ACRs/APARs for the last five years, Cadre clearance and Vigilance Clearance (major/minor penalties, if any, imposed during the last 10 years). Incomplete applications will not be considered. In case of non-receipt of the abovementioned documents, the application shall be summarily rejected 12. Applications received after the due date will not be entertained. NFRA takes no responsibility for any delay in receipt of the application or loss thereof in postal transit. The decision of the Authority in all matters would be final and binding, anp no correspondence in this regard would be entertained. 13. Candidates who satisfy the eligibility norms may apply giving their biodata strictly in the prescribed proforma. The application should be sent through the proper channel in an envelope superscribing “Application for the post of GM in NFRA” and should be sent to the following address: The Secretary National Financial Reporting Authority (NFRA) 7th Floor, Hindustan Times House 18-20 Kasturba Gandhi Marg, New Delhi 110001 14. All applications must reach this office on or before 2 months from the date of the advertisement of this Vacancy Notice in Employment News. Advance copies along with stipulated documents may be sent to email id dgm@nfra.gov.in. (Note- in case of any change in this notice the same will be displayed on the NFRA website as such interested officers are requested to see the NFRA website nfra.gov.in regularly). (Simardeep Singh Ahuja) Deputy General Manager Copy to: 1 All Ministries / Departments of the Government of India 2. All State Governments / Union Territory Governments, 3. RBI / Public Sector Banks / Government Financial Institutions / Regulatory Bodies / Public Sector Undertakings / Statutory Bodies / Other Government Institutions 4. Director (Admin), DoPT with a request to kindly arrange to put up this Vacancy Circular on the Vacancy Notifications of Min. / Deptt. / Org. Jn the GOI section of the DOPT website. 5. Under Secretary [CS-1 (P)], DoPT with a request to kindly arrange to put up this Vacancy Circular on the What’s New section of the DoPT website for wide publicity . 6. AM (IT), NFRA with a request to arrange for uploading this Vacancy Circular on the website of NFRA, social media handles of NFRA and the website of the Ministry of Corporate Affairs. Application form for vacancy in NFRA
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