Union Bank of India hiring for Chief Financial Officer
Company :
Union Bank of India
Job Role :
Chief Financial Officer
Eligibility :
Chartered Accountant
Experience :
15 Years
Job Location :
Last Date :
20 Apr 2020

Company Profile:

Union Bank of India was established on 11th November 1919 with its headquarters in the city of Bombay now known as Mumbai.
The Head Office building of the Bank in Mumbai was inaugurated by Mahatma Gandhi, the Father of the nation in the year 1921, and he said on the occasion.
We should have the ability to carry on a big bank, to manage efficiently crore of rupees in the course of our national activities. Though we have not many banks amongst us, it does not follow that we are not capable of efficiently managing crore and tens of crore of rupees.

Job Profile:

Responsible for timely preparation and submission of financial statements including profitability statements and Annual Report for the Bank.
Overseing the Statutory Auditing Process which includes appointment of Auditors, Communication of Guidelines & conduct of Audit throughout the Bank.
Monitoring critical Financial Parameters (Capital Adequacy, Non-Interest Income, ROA, ROE etc.) for the Bank and highlights to top management/vertical heads to take mitigation actions as required.
Communicate both Banks’ expected and actual financial performance.
Ensuring Regulatory and Statutory filings and compliances of Direct and Indirect Taxes (GST), various regulators viz RBI, SEBI, MoF etc.
Compilation of financial statements in accordance with Indian Accounting Standards (Ind-AS).
Policy formulation on the relevant functional area.
Ensure preparation and administration of Staff Incentive Scheme (Individual, Group, and Campaign) as per the guidelines of GOI with inputs from Vertical Heads.
Overseing development and maintenance of MIS Report System to ensure accurate and updated reporting.
Any other work entrusted by the Bank from time to time.

Educational Qualification:

He/She should be a Qualified Chartered Accountant.

Work Experience:

Fifteen years in Overseeing Financial Operation, preferably Accounting and Taxation matters, in Banks/Large Corporate/PSUs/FIs/Financial Services Organizations, of which 10 years should be in Banks/FIs (of which Five years should be at Senior Management Level).

Age Limit as on 01.03.2020:

Below 55 years.

Application Fee:

Non-Refundable Application Fee Rs. 1000.00 (inclusive of GST) payable directly in the account of the Bank.

How to Apply:

Please send the following documents by email to recruitment@unionbankofindia.com and ensure that it reaches this office by 20.04.2020 (24.00 hrs).