Indian Oil Corporation Limited (IOCL), a leading energy major and a Maharatna company, is inviting applications for the position of Assistant Officers (Grade AO) in the Finance Function. If you are a dynamic and experienced finance professional with a strong academic background, this could be your opportunity to join one of India's most prestigious organizations.
Vacancy Details:
- Position: Assistant Officers (Grade AO) - Finance Function
- Advertisement No: DP/5/5(Campus)
- Last Date to Apply: 18th March 2025 (17:00 hrs)
- Application Mode: Online only (via IOCL's website)
Eligibility Criteria:
1. Educational Qualification:
- Minimum 3-year graduation in any discipline with at least 55% marks (50% for SC/ST/PwBD candidates).
- Candidates must have passed CA Intermediate or CMA Intermediate.
- Note: Candidates who have passed CA Final or CMA Final are not eligible.
2. Age Limit:
- General/EWS: Maximum 30 years as of 30th June 2025.
- Age relaxation is applicable for OBC(NCL), SC, ST, and PwBD candidates as per government norms.
3. Work Experience:
- Minimum 3 years of relevant work experience in finance functions (e.g., Finance, Accounts, Taxation, Auditing) as of 31st January 2025.
- Internships or training will not be considered as valid experience.
Selection Process:
- Shortlisting: Based on marks obtained in CA/CMA Intermediate (both groups).
- Selection Components: Group Discussion (GD), Group Task (GT), and Personal Interview (PI).
Remuneration:
- Starting Basic Pay: Rs. 40,000/- per month (Pay Scale: Rs. 40,000 - 1,40,000).
- Gross Annual Remuneration: Approximately Rs. 14.23 lakhs, including Performance-Related Pay (PRP), DA, HRA, and other benefits.
How to Apply:
- Visit IOCL's website to apply online.
- Ensure you have scanned copies of your photograph, signature, and relevant documents ready for upload.
- No application fee is required.
Important Notes:
- Candidates must ensure they meet all eligibility criteria before applying.
- Any false information or suppression of facts may lead to disqualification at any stage.
- Selected candidates will be required to execute a service bond for a minimum of 3 years.
Contact Information:
For any queries, candidates can reach out to recruit2025@indianoil.in.
Apply before 18th March 2025.
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