IOCL Recruitment of Assistant Officers in Finance Function 2020

Indian Oil Corporation of India (IOCL) has published an advertisement for below mentioned posts. Other details like age limit, education qualification, selection process, application fee and how to apply are given below.

Post Name : Assistant Officers in Finance Function

Educational Qualification :


  • Graduate in any discipline with minimum 55% marks (relaxed to 50% for candidates belonging to SC/ST and PwBD categories) and have passed the CA Intermediate/ CMA Intermediate (or equivalent qualification from CA/CMA institute) and
  • At least three years of relevant experience in finance function as on 31st March 2020. Experience gained after passing of CA Intermediate /CMA Intermediate results shall only be considered.
  • Relevant field includes experience in the field(s) of Finance/ Accounts/ Taxation/ Cost Accounting/ Auditing etc. The articled training /practical training which are integrated to the curriculum of respective institution shall not be considered as valid experience for this purpose.
Please read Official Notification for Educational Qualification details.
Note:

  • a) Candidates having passed final examination from CA/CMA Institutes are NOT eligible.
  • b) Above mentioned experiences are indicative and not exhaustive. The Corporation reserves the right to take a final decision for considering/ not considering an experience as valid experience for the post. 
Age Limit:

  • Maximum 30 years as on 30th June 2020 for General and Economically Weaker Sections (EWS) category candidates.
  • Age relaxation for OBC (Non-Creamy Layer)/SC/ST/PwBD candidates will beapplicable as per the Presidential Directives.
Remuneration : 
  • Candidates selected as Assistant Officers (A0 grade) will receive a starting basic pay of Rs. 40,000/-per month. In addition, the selected candidates will receive Dearness Allowance (DA) and other allowances, according to the rules of the Corporation in force, and as amended from time to time. 
Selection Process : 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.
Physical Fitness: 
  • Candidates need to be medically fit as per Indian Oil’s pre-employment medical standards.
  • Candidates are advised to go through the separately placed ‘Guidelines and Criteria for Physical Fitness for Pre-employment Medical Examination’ before they commence filling the ONLINE application.
How to Apply :
  • Intrested Candidates may Apply Online Through Officil Website.
Important Dates :
  • Last Date : 06/05/2020
Important Link:

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:: More Details : Click here ::
:: Apply Online : Click here :: 


Being The Energy of India is much more than just notching up high turnover (Rs. 6,05,924 crore or US$ 87 billion in 2018-19). It's far more than being ranked 117th among the world's largest corporates in Fortune's 'Global 500' listing, and the vision to become 'a globally admired company.'

Being The Energy of India is about IndianOil, with its over 33,500-strong team, taking the lead in meeting India's energy demands efficiently and effectively today, just as it has done over the last six decades, and an enterprise that fuels India's core sector for economic development.

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Being The Energy of India is also about IndianOil's global aspirations, fulfilled to an extent by the formation of subsidiaries in Sri Lanka, Mauritius, the UAE, Singapore, Sweden, USA and The Netherlands. It is about pursuing diverse business interests with the setting up of over 20 joint ventures with reputed business partners from India and abroad to explore global opportunities.

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