IOCL Recruitment of Assistant Officers in Finance Function 2020

By | April 11, 2020
  • Full Time
  • India

Indian Oil Corporation of India (IOCL)

Are you in searching for Jobs in Indian Oil Corporation of India (IOCL)? Have you ever come across for IOCL Recruitment 2020 for Assistant Officers in Finance Function by JobsCaptain, before?

The details of eligibility criteria regarding prescribed educational qualification, experience, age and other eligibility criteria and application procedure are mentioned below:

Organisation Name Indian Oil Corporation of India (IOCL)
Post Name Assistant Officers in Finance Function
Educational Qualification

Read below OR in Official Notification

Experience Eligibility At least three years of relevant experience in finance function as on 31st March 2020.
Salary Starting basic pay of Rs. 40,000/-per month
Service Bond Selected candidates will have to execute a bond as under to serve the Corporation for a minimum period of three years from the date of joining the corporation:

  • General –  Rs. 2,00,000/-
  • EWS/OBC(NCL)/SC/ST/ PwBD – Rs. 35,000
Age Limit Maximum 30 years as on 30th June 2020
Application No Fee
Job Location The candidates can be posted anywhere in India or abroad depending upon the requirements of the Corporation
Last Date to Apply Online 6th May, 2020.
Apply Online Click Here

Official Notification

Guidelines and Criteria for Physical Fitness for Pre-employment Medical Examination – Physical Fitness

Nature of Job

Candidates selected as Assistant Officers in finance function may be posted in any of the divisions of Indian Oil.

  • Finance profile generally includes,
  • Preparation of accounts, Internal Audit,
  • Accounting, Pricing, Banking & Treasury Functions,
  • Project Appraisal/ Project accounting, Direct and Indirect Taxation,
  • Crude oil procurement/payments,
  • Trade receivables, Trade payable’s, assets accounting etc.

Selection Process for IOCL Assistant Officers

The selection methodology will comprise of the following:

On the basis of percentage of marks of CA Intermediate /CMA Intermediate (or equivalent qualification from CA/CMA institute), the candidates will be short listed for further selection process comprising of Personal Interview (PI) and Group Discussion/Group Task (GD/GT) for assessment of different facets of knowledge, skill, attitude and aptitude.

However, it may be noted that shortlisting for PI and GD/GT shall be solely based on the percentage marks scored in the chosen qualification – CA (Intermediate) or CMA (Intermediate)

Final merit will be prepared based solely on performance in Personal Interview (PI) and Group Discussion/Group Task (GD/GT) taken together.

How to apply

Candidates should click on the ONLINE application link, read the instructions carefully and fill-in the ONLINE application form giving correct and accurate information.

After filling up the ONLINE application form in all respect, the candidate should submit the online application by clicking the submit button.

Candidate should take a print out of ONLINE application and keep it with him/ her safely for future reference. Candidates need not send this printout to any office of Indian Oil.

Experience certificate shall include the following details:

  • Organization name
  • Designation/Position Held
  • Nature of Work
  • Period of service

The candidates should have the relevant documents like qualification certificate, marks/scores obtained in the qualifying examination, caste/sub-caste certificate, date of issue, name of issuing authority, state of origin, etc.

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