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 Deputy General Manager (DGM) 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 Deputy General Manager in its headquarters in New Delhi. The appointment for the post will be on a deputation / Shortterm 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:

  • regular service in Level 12 (Rs. 78800-209200) in the pay matrix, OR

  • 05 years of regular service in Level 11 (Rs. 67700-208700) in the pay matrix,

OR

  • 09 years of regular service in Level 10 (Rs. 56100-177500) in the pay matrix

 - Minimum 03 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 10 years of experience in the officer cadre.

- At least 05 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); or Chartered Financial Analyst (CFA); Postgraduate degree in Economics, Finance, or any other relevant discipline from a recognised University or Institution. A degree in Law from a recognised University is desirable.

5. The applications are being sought from applicants who possess experience in overseeing key functions in General Management, Finance & Accounts, and HR & Administration to ensure operational efficiency and regulatory compliance. The role includes strategic planning, policy implementation, and coordination between departments. The officer will be responsible for budgeting, financial reporting, recruitment,

Personnel management, and overall office administration.

Applicants may also apply for roles in reviewing the financial statements, monitoring/ review/ oversight over compliance with auditing and accounting standards. The applications are also being sought from applicants for IT-related 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.

6. 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. The selection process may involve a written test and/or interview, as decided by NFRA. NFRA reserves the right to modify the selection procedure, as may be decided by the Competent Authority.

7. Monthly ernolurnents at the minimum pay scale work out to approximately Rs 2.33 lakhs. HRA, Transport, Medical, Telephone bill reimbursement etc. will be as applicable. Employees on a deputation/ Short-Tdrm Contract basis may choose to receive either the pay of the post or their parent cadre pay with deputation allowance. The decision of NFRA regarding pay matters will be final and binding,

8. The tentative number of vacancies in DGM is 01 (one). However1 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.

9. The rnaxirnurn age limit for a Deputation or Short-term Contract is 56 years as of the closing date for application submission.

10. 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.

11. 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, and no correspondence in this regard would be entertained.

12. 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 DGM 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

13. 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 d(Im@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).

(Sirnardeep 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. In 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 the vacancy in NFRA