POWERGRID Recruitment of CAs and CMAs as Officer Trainee (Finance)
Domain: Power & Energy
Employment Type: Full time
Stage: Application - Application Opening
Posted: 13 hours ago
Posts: 20
Location: CENTRAL
Closed: 14 Nov 2023
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Job Details
POWERGRID has opened the online application window for the recruitment of CAs and CMAs as Officer Trainee (Finance) under Advt. No. CC/10/2023 dated 18.10.2023. Applications may be submitted from 25.10.2023 until 14.11.2023 (2359 hrs) through the POWERGRID career portal.
- Level:
- central
Job Summary
The online application window for POWERGRID's Officer Trainee (Finance) recruitment under Advt. No. CC/10/2023 dated 18.10.2023 is open from 25.10.2023 to 14.11.2023 (2359 hrs). Other details of the advertisement, including the cut-off date for age, educational qualification and category status, remain unchanged.
Important Dates
Parent advertisement referred to (recorded as prose, not a date governing this notice)
Date of this notice
Last date to apply · Online application window
Fee Structure
Application Fee
- 1. General / OBC (NCL) / EWS:
- Rs. 500 (non-refundable)
- 2. SC / ST / PwBD / Ex-Servicemen / DESM:
- Exempted from payment of application fee
Payment Methods
- 1. Mode:
- Online; detailed instructions at https://www.powergrid.in/online-payment-application-fees
Other Information
- 1. Non-refundable:
- The application fee is non-refundable even if the candidature is rejected for any reason
Eligibility Criteria
1. Educational Qualifications
| Criteria | Details |
|---|---|
| CA | Required |
2. Other Educational Qualifications
| Criteria | Details |
|---|---|
| Essential qualification | CA (Chartered Accountant) or CMA (Cost & Management Accountant) pass as on 13.11.2023 |
| CMA | Cost & Management Accountant qualification from the Institute of Cost Accountants of India is accepted equally with CA; there is no separate enumerated qualification for CMA, so it is recorded here |
| Computation | All computations of age and qualification are as on the closing date of the online application; the date of issuance of the final mark sheet is taken as the date of acquiring the qualification |
| Marks | Marks in the essential qualification will not be rounded off for deciding eligibility |
3. Experience Requirements
| Criteria | Details |
|---|---|
| Experience Range | N/A - N/A years |
4. Age Limit
| Criteria | Details |
|---|---|
| Age Range | N/A - 28 years |
| Age Limit As On | 13 Nov 2023 |
| Upper age limit | 28 years as on 13.11.2023 (candidates should have been born on or after 13.11.1995) |
| Relaxation - OBC (NCL) | 3 years |
| Relaxation - SC/ST | 5 years |
| Relaxation - PwBD | 10 years over and above category relaxation |
| Relaxation - Ex-Servicemen / DESM / Victims of riots | As per Govt. of India directives |
5. Language Requirements
| Criteria | Details |
|---|---|
| Group Discussion and Personal Interview | Candidates may opt to appear in the Group Discussion / Personal Interview in Hindi or English |
| Certificates | A caste or category certificate issued in a language other than Hindi or English must be accompanied by a certified translation into Hindi or English at the time of Document Verification |
6. Physical Requirements
| Criteria | Details |
|---|---|
| Health standards | Candidates must meet POWERGRID's health standards before applying; details are in the career section of www.powergrid.in |
| Disability threshold | Persons suffering from not less than 40% of the relevant disability are eligible for the PwBD benefit |
7. Other Eligibility
| Criteria | Details |
|---|---|
| Government/PSU employees | Candidates working in Govt./PSU are required to produce a No Objection Certificate at the time of interview |
| Reserved category status | Candidates claiming OBC (NCL)/EWS reservation must belong to that category as on the last date of online submission and hold a valid certificate as on the closing date |
| Ex-Servicemen equivalence | Where the Government of India has equated an Ex-Serviceman's Armed Forces service experience with the prescribed qualification, that experience is accepted as an induction level qualification, subject to a certificate from the respective Armed Forces confirming the equivalence |
| Departmental candidates | Relaxation and concession for POWERGRID departmental candidates is as per the Internal Circular; trainees and apprentices working in POWERGRID are not treated as departmental candidates |
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Post Details
Total Posts: 20
1. Officer Trainee (Finance)
Salary Details
> Salary Range: ₹40,000 - ₹1,60,000 Monthly
> Grade Pay: ₹Basic pay of Rs. 40,000 during the one-year training; E-2 grade IDA scale Rs. 50,000 - 3% - 1,60,000 as Officer (Finance) on regularisation
> Allowances: During training: IDA, HRA and perks at 12% of basic pay. On regularisation: Basic Pay, Dearness Allowance, perquisites and allowances under the cafeteria approach, Performance Related Pay, company leased accommodation / company quarters or HRA, reimbursement of monthly conveyance expenditure, mobile facility reimbursement and laptop facility.
How to Apply
- 1. Mode:
- Online, through the POWERGRID career page or portal at https://www.powergrid.in, during the stated window
Exam Pattern
- 1. Mode:
- Written Test through Computer Based Test mode
Selection Process
- 1. Stage reached:
- Provisional selection for the post, following the Computer Based Test, Group Discussion, Behavioural Assessment and Personal Interview
- 2. Selected:
- 20 candidates, identified in the notice by application ID only
- 3. Conditions:
- Subject to being found medically fit in the pre-employment medical examination as per POWERGRID Medical Norms, to fulfilling all eligibility criteria, and to production of documents as per the undertaking or declaration given by the candidate
Admit Card Details
- 1. Release:
- Admit cards shall be issued shortly; no release date is stated
Reservation Details
- 1. General principle:
- Reservation, relaxation and concession for candidates belonging to different categories is as per Government of India directives
- 2. EWS:
- Latest EWS certificate in the prescribed format issued by a competent authority at the time of application
- 3. OBC (NCL):
- Latest and valid OBC (NCL) certificate in the format prescribed by the Govt. of India for appointment to posts under Govt. of India, at the time of application
- 4. SC / ST:
- Relevant caste certificate in the prescribed format issued by a competent authority
- 5. PwBD:
- Disability certificate in the prescribed format issued by a Government Medical Board
- 6. Ex-Servicemen / DESM:
- Relevant discharge certificate in the prescribed format issued by a competent authority
- 7. Victims of riots:
- Relevant age relaxation cum domicile certificate in the prescribed format issued by a competent authority
Document Requirements
- 1. Photograph:
- Recent passport size colour photograph on a white background, maximum 50 KB, .jpg; candidates should keep sufficient copies of the same photograph in reserve
- 2. Signature:
- Signature in blue or black ink, maximum 50 KB, .jpg
- 3. Date of birth proof:
- Matriculation certificate or birth certificate showing the date of birth
- 4. At Document Verification:
- Candidates called for Document Verification must produce the uploaded documents in original
Important Instructions
- 1. Results:
- The result of all candidates is made available in their respective candidate login
- 2. Medical examination:
- Information regarding the reporting date, time and venue for the pre-employment medical examination will be communicated via mail shortly
Interview Details
- 1. Rounds:
- Group Discussion, Behavioural Assessment and Personal Interview
- 2. Call letter:
- The interview call letter mentioning the date and place for reporting shall be issued shortly; no date is given
- 3. Provisional nature:
- The shortlisting is provisional
Training Details
- 1. Training period:
- One year as Officer Trainee (Finance)
- 2. On completion:
- Absorbed as Officer (Finance) at the E-2 level in the executive cadre
- 3. Posting:
- Selected candidates are posted for on-the-job training and final postings accordingly
Bond or Service Agreement
- 1. Service agreement bond:
- Selected candidates must execute a service agreement bond to successfully complete the prescribed training period and thereafter serve the organisation for at least three years
- 2. Bond amount - General / OBC (NCL) / EWS:
- INR 5,00,000 plus applicable taxes
- 3. Bond amount - SC / ST / PwBD:
- INR 2,50,000 plus applicable taxes
Other Information
- 1. Advertisement number:
- Advt. No. CC/10/2023 dated 18.10.2023, printed in the title block of page 1 under the recruitment heading and repeated in the body
- 2. Notice's own date:
- 26th October 2023, read from the top right of page 1 opposite the "Ref: C/HR/Rectt/OT (Finance)/ Notice-1" line
- 3. Fields deliberately omitted:
- Salary, application fee, age limit and educational qualification are not restated in this one-page notice and have deliberately been left out rather than carried over from the parent advertisement
- 4. Discrepancy with the parent advertisement:
- The detailed advertisement Advt. No. CC/10/2023 dated 18.10.2023 printed the application window as 24.10.2023 (1700 hrs) to 13.11.2023 (2359 hrs). This notice states 25.10.2023 to 14.11.2023 (2359 hrs). Both are recorded exactly as printed and no correction has been made
- 5. Cut-off date:
- The notice states that other details, including the cut-off date for eligibility criteria (age, educational qualification, category status), remain the same as in the advertisement; the cut-off date itself is not restated here
Important Links
Contact Details
Address: Corporate Recruitment Group, Power Grid Corporation of India Limited
Latest Notifications
Provisional Selection List Released for Officer Trainee (Finance) 2023
View PDFShortlist for Group Discussion and Interview - Officer Trainee (Finance)
View PDFObjection Link Activated for POWERGRID Officer Trainee (Finance) CBT
View PDFComputer Based Test Date Announced for Officer Trainee (Finance) 2023
View PDFOnline Application Window Opens for Officer Trainee (Finance) 2023
View PDFRecruitment Notification for Officer Trainee (Finance) 2023 - CAs and CMAs
View PDF
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POWERGRID Recruitment of CAs and CMAs as Officer Trainee (Finance)
Domain: Power & Energy
Employment Type: Full time
Stage: Application - Application Opening
Posted: 13 hours ago
Posts: 20
Location: CENTRAL
Closed: 14 Nov 2023
My Bharat Jobs - Govt Alert App
Get real-time alerts for Sarkari jobs across India — fast, free, and without ads.
Job Details
POWERGRID has opened the online application window for the recruitment of CAs and CMAs as Officer Trainee (Finance) under Advt. No. CC/10/2023 dated 18.10.2023. Applications may be submitted from 25.10.2023 until 14.11.2023 (2359 hrs) through the POWERGRID career portal.
- Level:
- central
Job Summary
The online application window for POWERGRID's Officer Trainee (Finance) recruitment under Advt. No. CC/10/2023 dated 18.10.2023 is open from 25.10.2023 to 14.11.2023 (2359 hrs). Other details of the advertisement, including the cut-off date for age, educational qualification and category status, remain unchanged.
Important Dates
Parent advertisement referred to (recorded as prose, not a date governing this notice)
Date of this notice
Last date to apply · Online application window
Fee Structure
Application Fee
- 1. General / OBC (NCL) / EWS:
- Rs. 500 (non-refundable)
- 2. SC / ST / PwBD / Ex-Servicemen / DESM:
- Exempted from payment of application fee
Payment Methods
- 1. Mode:
- Online; detailed instructions at https://www.powergrid.in/online-payment-application-fees
Other Information
- 1. Non-refundable:
- The application fee is non-refundable even if the candidature is rejected for any reason
Eligibility Criteria
1. Educational Qualifications
| Criteria | Details |
|---|---|
| CA | Required |
2. Other Educational Qualifications
| Criteria | Details |
|---|---|
| Essential qualification | CA (Chartered Accountant) or CMA (Cost & Management Accountant) pass as on 13.11.2023 |
| CMA | Cost & Management Accountant qualification from the Institute of Cost Accountants of India is accepted equally with CA; there is no separate enumerated qualification for CMA, so it is recorded here |
| Computation | All computations of age and qualification are as on the closing date of the online application; the date of issuance of the final mark sheet is taken as the date of acquiring the qualification |
| Marks | Marks in the essential qualification will not be rounded off for deciding eligibility |
3. Experience Requirements
| Criteria | Details |
|---|---|
| Experience Range | N/A - N/A years |
4. Age Limit
| Criteria | Details |
|---|---|
| Age Range | N/A - 28 years |
| Age Limit As On | 13 Nov 2023 |
| Upper age limit | 28 years as on 13.11.2023 (candidates should have been born on or after 13.11.1995) |
| Relaxation - OBC (NCL) | 3 years |
| Relaxation - SC/ST | 5 years |
| Relaxation - PwBD | 10 years over and above category relaxation |
| Relaxation - Ex-Servicemen / DESM / Victims of riots | As per Govt. of India directives |
5. Language Requirements
| Criteria | Details |
|---|---|
| Group Discussion and Personal Interview | Candidates may opt to appear in the Group Discussion / Personal Interview in Hindi or English |
| Certificates | A caste or category certificate issued in a language other than Hindi or English must be accompanied by a certified translation into Hindi or English at the time of Document Verification |
6. Physical Requirements
| Criteria | Details |
|---|---|
| Health standards | Candidates must meet POWERGRID's health standards before applying; details are in the career section of www.powergrid.in |
| Disability threshold | Persons suffering from not less than 40% of the relevant disability are eligible for the PwBD benefit |
7. Other Eligibility
| Criteria | Details |
|---|---|
| Government/PSU employees | Candidates working in Govt./PSU are required to produce a No Objection Certificate at the time of interview |
| Reserved category status | Candidates claiming OBC (NCL)/EWS reservation must belong to that category as on the last date of online submission and hold a valid certificate as on the closing date |
| Ex-Servicemen equivalence | Where the Government of India has equated an Ex-Serviceman's Armed Forces service experience with the prescribed qualification, that experience is accepted as an induction level qualification, subject to a certificate from the respective Armed Forces confirming the equivalence |
| Departmental candidates | Relaxation and concession for POWERGRID departmental candidates is as per the Internal Circular; trainees and apprentices working in POWERGRID are not treated as departmental candidates |
🎯 One App for All Govt Jobs. Zero Ads.
Track jobs by state, department, or stage. Get real-time alerts and save your favorites — without any login or distractions.
- ✅ Real-time verified alerts
- 📍 Smart filters for state & department
- 🔔 Personalized notifications
Post Details
Total Posts: 20
1. Officer Trainee (Finance)
Salary Details
> Salary Range: ₹40,000 - ₹1,60,000 Monthly
> Grade Pay: ₹Basic pay of Rs. 40,000 during the one-year training; E-2 grade IDA scale Rs. 50,000 - 3% - 1,60,000 as Officer (Finance) on regularisation
> Allowances: During training: IDA, HRA and perks at 12% of basic pay. On regularisation: Basic Pay, Dearness Allowance, perquisites and allowances under the cafeteria approach, Performance Related Pay, company leased accommodation / company quarters or HRA, reimbursement of monthly conveyance expenditure, mobile facility reimbursement and laptop facility.
How to Apply
- 1. Mode:
- Online, through the POWERGRID career page or portal at https://www.powergrid.in, during the stated window
Exam Pattern
- 1. Mode:
- Written Test through Computer Based Test mode
Selection Process
- 1. Stage reached:
- Provisional selection for the post, following the Computer Based Test, Group Discussion, Behavioural Assessment and Personal Interview
- 2. Selected:
- 20 candidates, identified in the notice by application ID only
- 3. Conditions:
- Subject to being found medically fit in the pre-employment medical examination as per POWERGRID Medical Norms, to fulfilling all eligibility criteria, and to production of documents as per the undertaking or declaration given by the candidate
Admit Card Details
- 1. Release:
- Admit cards shall be issued shortly; no release date is stated
Reservation Details
- 1. General principle:
- Reservation, relaxation and concession for candidates belonging to different categories is as per Government of India directives
- 2. EWS:
- Latest EWS certificate in the prescribed format issued by a competent authority at the time of application
- 3. OBC (NCL):
- Latest and valid OBC (NCL) certificate in the format prescribed by the Govt. of India for appointment to posts under Govt. of India, at the time of application
- 4. SC / ST:
- Relevant caste certificate in the prescribed format issued by a competent authority
- 5. PwBD:
- Disability certificate in the prescribed format issued by a Government Medical Board
- 6. Ex-Servicemen / DESM:
- Relevant discharge certificate in the prescribed format issued by a competent authority
- 7. Victims of riots:
- Relevant age relaxation cum domicile certificate in the prescribed format issued by a competent authority
Document Requirements
- 1. Photograph:
- Recent passport size colour photograph on a white background, maximum 50 KB, .jpg; candidates should keep sufficient copies of the same photograph in reserve
- 2. Signature:
- Signature in blue or black ink, maximum 50 KB, .jpg
- 3. Date of birth proof:
- Matriculation certificate or birth certificate showing the date of birth
- 4. At Document Verification:
- Candidates called for Document Verification must produce the uploaded documents in original
Important Instructions
- 1. Results:
- The result of all candidates is made available in their respective candidate login
- 2. Medical examination:
- Information regarding the reporting date, time and venue for the pre-employment medical examination will be communicated via mail shortly
Interview Details
- 1. Rounds:
- Group Discussion, Behavioural Assessment and Personal Interview
- 2. Call letter:
- The interview call letter mentioning the date and place for reporting shall be issued shortly; no date is given
- 3. Provisional nature:
- The shortlisting is provisional
Training Details
- 1. Training period:
- One year as Officer Trainee (Finance)
- 2. On completion:
- Absorbed as Officer (Finance) at the E-2 level in the executive cadre
- 3. Posting:
- Selected candidates are posted for on-the-job training and final postings accordingly
Bond or Service Agreement
- 1. Service agreement bond:
- Selected candidates must execute a service agreement bond to successfully complete the prescribed training period and thereafter serve the organisation for at least three years
- 2. Bond amount - General / OBC (NCL) / EWS:
- INR 5,00,000 plus applicable taxes
- 3. Bond amount - SC / ST / PwBD:
- INR 2,50,000 plus applicable taxes
Other Information
- 1. Advertisement number:
- Advt. No. CC/10/2023 dated 18.10.2023, printed in the title block of page 1 under the recruitment heading and repeated in the body
- 2. Notice's own date:
- 26th October 2023, read from the top right of page 1 opposite the "Ref: C/HR/Rectt/OT (Finance)/ Notice-1" line
- 3. Fields deliberately omitted:
- Salary, application fee, age limit and educational qualification are not restated in this one-page notice and have deliberately been left out rather than carried over from the parent advertisement
- 4. Discrepancy with the parent advertisement:
- The detailed advertisement Advt. No. CC/10/2023 dated 18.10.2023 printed the application window as 24.10.2023 (1700 hrs) to 13.11.2023 (2359 hrs). This notice states 25.10.2023 to 14.11.2023 (2359 hrs). Both are recorded exactly as printed and no correction has been made
- 5. Cut-off date:
- The notice states that other details, including the cut-off date for eligibility criteria (age, educational qualification, category status), remain the same as in the advertisement; the cut-off date itself is not restated here
Important Links
Contact Details
Address: Corporate Recruitment Group, Power Grid Corporation of India Limited
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Click below to copy the link and share it!
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