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UGVCL Recruitment for General Manager (Finance & Accounts) Post 2021

Uttar Gujarat Vij Company Limited (UGVCL) published the latest notification for the recruitment for General Manager (Finance & Accounts) Post 2021. People who are waiting for UGVCL Job 2021 they are applying for this recruitment 2021. We are put here full information about this job below. Read it carefully and apply for this job. 

UGVCL Recruitment for General Manager (Finance & Accounts) Post 2021


Uttar Gujarat Vij Company Limited (UGVCL) Recruitment 2021:

Applications are invited for the post of General Manager (Finance & Accounts) under UGVCL from the eligible candidates as follows:


Post Name: General Manager (Finance & Accounts)

Vacancy: 01 (UR) Location :- UGVCL, Corp. Office, Mehsana

Qualification: CA / ICWA

Experience: 20 (Twenty) years post-qualification experience in a Central / State / Public Sector undertaking or in a Public Limited Company having turnover not less than Rs.500 Crores per annum. Out of 20 (Twenty) years, 05 (five) years experience should be in a Senior Management Cadre of the Finance & Accounts Department and/or Commerce Department. Experience in Power Sector companies shall be preferred. 

Job Description: The post of G.M. (F&A) is the highest position in Finance and Accounts Department in organizational hierarchy and he will be Chief Financial Officer. Therefore, the incumbent should possess experience in the following areas. 

- Knowledge of Gujarati is essential.

- Ensuring timely and accurate billing to consumers, Revenue Realization from consumers, Revenue management and Treasury functions including sourcing of fund from Financial Institutions and Banks for short term, long term requirements and also for working capital purpose. 

- Preparation and finalization of Accounts, formation of Accounting Policies, Procedures in compliance with Indian Accounting Standards, Electricity Act and other applicable Regulations. 

- Budgeting business plan and exercising Budgetary Control Measures. 

- Preparation of Costs records and Cost Audit Compliances. 

- Compliance of Internal/External/Statutory Auditor’s and C&AG’s Audit points and paras. 

- Representing before various Central and State Government Authorities viz. Electricity Regulatory commissions, Energy & Petrochemicals Department, EPFO, GST/Income Tax Departments, etc. 

- Processing of payment and scrutiny of Invoices/bills related to Power Purchase, Material Purchase, Transmission charges, Open Access, Consultants, Legal and miscellaneous expenses. 

- Preparation of Board Notes and representing Financial & Accounting etc. related matters to the Board of Company. 

- Adherence to the Central/State Govt.’s Policies/Rules for various schemes and effective utilization of GoI/GoG Grants and Subsidies. 

- Compliances to State/Central Govt. LAQs & all related matters.

- Regulatory and Legal matters related to Power Purchase, Open Access, filling of Tariff Petitions etc and court cases pertaining to revenue etc. 

- Handling Direct and Indirect Tax Assessments, filling of related Tax Returns, Appearing before Tax Authorities, filling of Appeals before Appellate Authorities, High Court, Supreme Court.

 - Ensuring timely payment of applicable Taxes and Duties and all type of Tax and cess compliances.

- Advising the Management from time to time on business performance, revenue enhancement, cost control, financial monitoring etc.

- All incidental work related to above activities and any other work assigned by the Management. 

Age Limit:  Maximum 50 Years as on the date of Advertisement. (i.e. 20/08/2021)

Pay Scale: Rs.1,48,800-Rs.2,09,500 /- per month & allowances. 

Compensation, Performance Pay & Benefits:  Appointment to the post of General manager (F&A) shall be on probation for a period of one year. On successful completion of one year probationary period, the candidate may be confirmed to regular pay scale of Rs.1,48,800-Rs.2,09,500 /- & all other benefits as per Company’s rules.  

CTC: Approximate CTC works out to Rs.36.76 lakhs p.a. which includes liberal perks like Housing Facility, Medical Reimbursement, Leave Travel Concession, encasement of Earned Leaves, Provident Fund, Performance Based Incentive etc.   

Documents to be submitted with the in prescribed application form:

1. Attested copy of: 

• School Leaving Certificate 
• Mark sheets of CA / ICWA 
• Degree Certificate 
• Caste (SC/ST/SEBC) Certificate issued by authority of Gujarat State. 

2. Experience Certificates. 

3. Affidavit for genuineness of documents as per attached pro- forma(Annexure-I) 

4. NOC from present employer (If applicable). 

5. Any other Certificate/document applicable. 


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