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Executive Trainee (Finance) Recruitment 2022 2 Posts – Selection in Progress – India – 2022

Power Grid Corporation of India Limited
Domain: Public Sector Undertakings (PSUs)
Employment Type: Full time
Stage: Selection Process - Interview/Assessment Notification

Posted: 2 years ago

Posts: 2

Location: CENTRAL

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Job Details

The Executive Trainee (Finance) position at POWERGRID is part of a Special Recruitment Drive for ST category candidates. The role involves working in one of the largest power transmission utilities in the world, with responsibilities in financial management and planning. Candidates will undergo a comprehensive selection process, including a test, group discussion, behavioral assessment, and personal interview. The Computer Based Test was conducted on November 5, 2022, in Delhi NCR, and shortlisted candidates will proceed to the next stages of selection.

Level:
central
Cities:
Delhi NCR
Other Information:
  • Posting Locations: Selected candidates may be posted at RHQs, Corporate Center, or other offices across India.
Exam Centers:
  • Test Center: The test was conducted in Delhi NCR.

Job Summary

POWERGRID is seeking bright and committed Chartered Accountants (CA) and ICWA (CMA) candidates for the Executive Trainee (Finance) position under a Special Recruitment Drive for ST category. The selection process includes multiple stages, and candidates must meet specific eligibility criteria. The Computer Based Test was conducted on November 5, 2022, in Delhi NCR, and shortlisted candidates will proceed to the next stages of selection.

Important Dates

#EventDate
1Notification Release DateSeptember 23, 2022
2Application Start DateSeptember 24, 2022
3Application End DateOctober 15, 2022
4Cut-off Date for Eligibility CriteriaOctober 15, 2022
5Exam DateNovember 5, 2022
6Admit Card Release DateNovember 1, 2022

Fee Structure

Application Fee

1. ST/PwD Candidates:
Exempted

Eligibility Criteria

1. Educational Qualifications

CriteriaDetails
CARequired
ICWA (CMA)Required

2. Other Educational Qualifications

CriteriaDetails
ST Category RequirementCandidates must belong to the ST category and provide a valid caste certificate.

3. Age Limit

CriteriaDetails
Age RangeN/A - 33 years
Age Limit As On15 Oct 2022
ST CategoryUp to 33 years, including age relaxation.

4. Citizenship

CriteriaDetails
NationalityOnly Indian Nationals aged 18 years or above are eligible to apply.

5. Physical Requirements

CriteriaDetails
PwD SuitabilityThe post is suitable for various categories of PwD, including Blind, Low Vision, Deaf, Hard of Hearing, and others.

6. Other Eligibility

CriteriaDetails
Application Fee ExemptionST and PwD candidates are exempted from the application fee.

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Post Details

Total Posts: 2

1. Executive Trainee (Finance)

Eligibility Criteria:

  • Educational Qualification: CA/ICWA (CMA) pass.
  • Category Requirement: Candidates must belong to the ST category.

Age Limitations:

  • Upper Age Limit: 33 years as on October 15, 2022.

Category Wise Vacancy:

CategoryReserved SeatsOther Eligibility
ST2
  • Application Fee: Exempted for ST candidates.

Salary Details

> Salary Range: 60,000 - ₹180,000 Monthly

> Allowances: Includes Basic Pay, Dearness Allowance, Perquisites, and Allowance as per cafeteria approach.

Other Information

  • Medical Facilities: Medical facilities for self and dependents as per company policy.

Cut Off Marks

1. Qualifying Marks in Test:
Minimum 30% marks, with at least 25% in EAT and PKT separately.

How to Apply

1. Step 1:
Register online at the POWERGRID website under the CAREER section.
2. Step 2:
Upload a passport size photograph, signature, caste certificate, and qualification certificates.
3. Step 3:
Ensure all details are correctly entered, including name, date of birth, and category.
4. Step 4:
Submit the application form online. No need to send hard copies.

Exam Pattern

1. Written Test:
Objective type with two sections: Professional Knowledge Test (120 questions) and Executive Aptitude Test (50 questions).
2. Negative Marking:
1/4 negative marking for each wrong or multiple answer.

Syllabus Details

1. Professional Knowledge Test:
Discipline specific questions related to finance.
2. Executive Aptitude Test:
Questions on vocabulary, verbal comprehension, quantitative aptitude, reasoning ability, data sufficiency, and interpretation.

Selection Process

1. Selection Stages:
Includes Test, Group Discussion, Behavioral Assessment, and Personal Interview.
2. Weightage:
Test: 85%, Group Discussion: 3%, Personal Interview: 12%.

Admit Card Details

1. Admit Card Release:
Admit cards will be issued through candidate logins and collected at the examination venue.

Reservation Details

1. ST Reservation:
Reservation and relaxation as per Government of India directives.
2. PwD Reservation:
Suitable for various categories of PwD as specified.

Document Requirements

1. Required Documents:
Passport size photograph, signature, caste certificate, and qualification certificates.

Preparation Tips

1. Understand the Syllabus:
Familiarize yourself with the syllabus and exam pattern to focus your preparation.
2. Practice Regularly:
Regular practice of previous years' question papers and mock tests is essential.

Important Instructions

1. Eligibility Verification:
Ensure you meet all eligibility criteria before applying.
2. Document Submission:
Upload all required documents in the specified format during the application process.

Interview Details

1. Interview Language:
Candidates can choose to appear for the interview in Hindi or English.

Training Details

1. Training Period:
Selected candidates will undergo a one-year training period.

Bond or Service Agreement

1. Service Agreement Bond:
A bond of ₹2,50,000 is required for a minimum service period of three years.

Disqualification Criteria

1. False Information:
Providing false information or failing to meet eligibility criteria will result in disqualification.

Other Information

1. Legal Jurisdiction:
NCT of Delhi in case of any cause/dispute.

Contact Details

Other Information

  • Email Subject: Use 'SRD - ET Finance - 2022' in the subject line for queries.

FAQ

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