BANGALORE METRO RAIL CORPORATION LIMITED

Joint Venture of Govt. of India & Govt. of Karnataka)

III Floor, BMTC Complex, K.H. Road, Shanthinagar,
Bangalore – 560 027

No. BMRCL/0025/FIN/2020/C24435 Date: 22.06.2020

NOTIFICATION FOR CONTRACT APPOINTMENT/ ON DEPUTATION

BMRCL invites applications from qualified and experienced personnel for

appointment to following positions in the Project Wing.

Sl No. Designation / Post No. of Posts

1 General Manager (F&A) 1
2 General Manager (Project Finance) 1
3 Deputy General Manager 2
4 Assistant General Manager 2
5 Manager 2
6 Assistant Manager 4
7 Executive Assistants 4

Last date for receipt of applications is 4.00 PM on 21.07.2020 For details

regarding eligibility criteria, on-line application, etc. please visit our website:
www.bmrc.co.in/ Career Section.

General Manager (HR)

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 BANGALORE METRO RAIL CORPORATION LIMITED
(Joint Venture of Govt. of India & Govt. of Karnataka)
III Floor, BMTC Complex, K.H. Road, Shanthinagar,
Bangalore – 560 027

No. BMRCL/0025/FIN/2020/C24435 Date: 22.06.2020

NOTIFICATION FOR CONTRACT APPOINTMENT

Bangalore Metro Rail Corporation Limited, a Joint Venture of Government of

India and Government of Karnataka, is a Special Purpose Vehicle (SPV) entrusted
with the responsibility of implementing the Metro Rail Project in the city of
Bangalore.

BMRCL invites applications from eligible candidates on contract basis / from

serving employees on deputation basis from Government departments, PSUs and
Banks subject to meeting educational and experience criteria, as on the last date
for submission of application. The contract will be initially for 3 years for
candidates below 60 years and one year for those above 60 and further
extendable based on performance and future requirement. Salary and other
details are indicated in table below.For candidates applying on deputation,
maximum age is 55 years.

I. GENERAL JOB DESCRIPTION FOR FINANCE AND ACCOUNTS WING OF

BMRCL ARE AS UNDER:

Project Finance Accounts

1) Raising funds for the project 1) Compilation and maintenance of
including preparation of draft Books of Accounts including
appraisal documents, Information preparation of vouchers,
Memorandum, dealing with authentication of vouchers before
multilateral / bilateral development posting, monthly trial balance, etc
banks, financial institutions, domestic 2) Preparation of Bank Reconciliation
banks, etc. Statements and verification of
2) Budgeting and maintaining cash on hand.
correspondence with Govt. of India 3) Coordination with other wings for
and Govt. of Karnataka for release of (1) and (2) above.
funds.

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3) Scrutiny of draft tender documents, 4) Compilation of half yearly and
evaluation of technical bids and annual financial statements,
financial bids. Preparation of MIS, etc.
4) Scrutiny of contractors bills as per 5) Treasury operations and
terms of contract. Investment proposals.
5) Diligent processing of justifications 6) Verification of complete
for variations / deviations from the documentation for accounting
accepted contractual terms. transactions including journal
entries.
6) Developing appropriate systems, 7) Processing of land compensation
controls and procedures for payments and R&R packages.
simplification / automation of works,
payments, etc.
7) Preparation of supporting 8) Processing of administrative,
documents and evidences in respect of establishment and Other entitlement
matters referred to Arbitration / claims of the staff / contractors.
litigation.
8) Coordination with Internal Audit, 9) Continuous review of existing
Statutory Audit and CAG Auditors. system and procedures for
improvement.
9) Maintenance and updating of all 10) Vetting of tender documents.
Bank guarantees.
10) Compilation and updating of 11) All tax matters – Income tax,
information on various project related GST, Customs duty, etc.
matters.
11) Other related matters like 12) Scrutiny of imprest accounts
periodical review of adequacy of maintained by CEs etc. and
internal controls, internal checklist, processing for recoupment of imprest
integration of accounts with ERP or amount.
such other integrated system, etc.
12) All other matters in discharge of 13) Any other matter as may be
Project Finance functions. required from time to time.

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 II. QUALIFICATION AND EXPERIENCE:

Relevant post
qualification
No. of Academic & Professional
Designation Age Experience in
vacanci Qualification
/ Post Finance &
es
Accounts

General 1 Maximum Graduate in Commerce from Not less than 20

Manager Age 50 a recognised university years’ experience in
(F&A) years. (regular full time course) handling Finance &
with professional Accounts in a PSU
qualifications like Chartered /reputed company.
Accountant (CA) / Cost Of this at least 10
Accountant (ICWA) / MBA years should be at
(full time) with Finance as the level of Dy.
one of specialization, from General Manager
Reputed Management (F) or equivalent.
Institutes

General 1 Maximum Graduate in Commerce from Not less than 20

Manager Age 62 a recognised University years’ experience in
(Project years. (regular full time course) project appraisal
Finance) with professional and project funding
qualifications like Chartered including raising /
Accountant (CA) / Cost arranging funds for
Accountant (ICWA) / MBA projects from
(full time) with Finance as domestic banks /
one of specialisation, from financial
Reputed Management institutions /
Institutes preferably with public or on private
CAIIB from Indian Institute placement basis, of
of Banking. which at least 10
years should be at
the level of Dy.
General Manager
(F) or equivalent.
Deputy 2 Maximum Graduate in Commerce from Should have at
General Age 45 a recognised University least 18 years’
Manager years (regular full time course) experience
with professional including at least
qualifications like Chartered 10 years at the level
Accountant (CA) / Cost of Manager or
Accountant (ICWA) equivalent.
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 Relevant post
qualification
No. of Academic & Professional
Designation Age Experience in
vacanci Qualification
/ Post Finance &
es
Accounts

Assistant Maximum Graduate in Commerce from Minimum of 15

General 2 Age 45 a recognised University years’ experience
Manager years (regular full time course) including
with professional experience of 10
qualifications like Chartered years in the cadre of
Accountant (CA) / Cost Manager.
Accountant (ICWA)
Manager 2 Maximum Graduate in Commerce from Minimum 8 years’
Age 40 a recognised University experience. In case
years (regular full time course) of candidates
with professional having CA / ICWA 3
qualifications like Chartered years post
Accountant (CA) / Cost qualification
Accountant (ICWA) or MBA experience at same
with Finance (full time) from or one level below
a recognised Institute /
University
Assistant 4 Maximum Must be a Commerce Minimum 05 years
Manager Age 40 Graduate and Inter passed of experience. In
years CA / Post Graduate in case of CA / ICWA,
Commerce or ICWA / CA or post qualification
MBA with Finance / experience of 2
Accounts as one of the years is required.
subjects
Executive 4 Maximum Graduate in Commerce or Minimum 02 years’
Assistants age 30 inter passed Cost experience for
years Accountant or Chartered graduates. One-
Accountant or MBA with year experience for
Finance inter passed CA /
ICWA.

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 Additional requirements
 Exposure to Contract Management / handling of Arbitration cases / Govt.
Audit / finalization of accounts / coordination with Auditors will be an
added advantage.
 Candidate well conversant with ERP environment, MS Office (mainly Excel)
and system driven work processes will be given preference.
 AGM / DGM / GM shall have basic knowledge of GST, Customs Act and
IND AS.

III. REMUNARATION AND ALLOWANCES:

1. Consolidated Pay:
Sl. Consolidated Pay Employees Below 60
Name of Post
No (in Lakhs) p.m
1 General Manager (F&A) 1.4 to 1.79 Consolidated pay are only
indicative as pay will be fixed as
General Manager (Project
1.40 to 1.79 per existing policies and norms of
2 Finance) the company. For meritorious
candidates, management may
3 Deputy General Manager 1.10 to 1.40 consider higher pay. For
4 Assistant General Manager 0.67 to 0.93 candidates above 60, the
management will reserve the right
5 Manager 0.55 to 0.80 to fix pay at lower than that stated
Assistant Manager 0.48 to 0.58 above depending on post held
6
before retirement, experience, etc
7 Executive Assistants 0.26 to 0.35

2. Allowances:

Besides the above, employees will be extended medical and personal accident
insurance cover & contribution to National Pension Scheme, conveyance
allowances, CUG mobile facility as per rules of the Company.

IV. CONDITIONS :

1. BMRCL reserves the right to increase or decrease or cancel any or all

vacancies.
2. Above are minimum prescribed qualifications. Candidates possessing
higher qualification / experience may also apply.

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 3. BMRCL reserves the right to relax age and experience criteria for deserving
candidates as also for internal candidates.
4. Relevant experience means experience in Finance / Accounts / Audit /
Contracts Management of similar Metro Rail companies / PSUs / Govt.
departments / large infrastructure companies, at same level of designations
advertised above / one level below. Internship / Article ship /
Apprenticeship will not be counted for experience purposes.
5. Deputationist will receive pay & allowances as per parent scale for the post
currently held in parent cadre and allowances as per BMRCL Rules will be
paid.
6. Candidates with knowledge of Kannada will be given preference over others.
7. Candidates with good character and background only will be considered.
Further BMRCL reserves the right for verification of certificates furnished
by selected candidates at any time after selection, and if it comes to
BMRCL’s notice that the selected candidate has falsified or submitted
fraudulent certificates for getting employed in BMRCL, he / she will be
dismissed without prior notice.

GENERAL CONDITIONS
1. The contract appointment may be terminated by either side by giving 90
days’ notice or by paying the contractual remuneration of one month in lieu
of notice period, if the circumstances so warrant.
2. Candidates who have been shortlisted will only be called for written test /
interview.
3. Mere possession of minimum experience does not confer any right to be
called for interview / selection.
4. Any canvassing by or on behalf of the candidates or to bring political or
other outside influence with regard to selection / appointment shall be a
disqualification.
5. Salary is not a constraint for deserving candidates. Management may
consider higher starting salary for deserving candidates.

V. PROCEDURE FOR SUBMITTING APPLICATION AND SELECTION PROCESS

1. Candidates should fill in the application on-line, take a print out of the
same and submit along with copies of all the relevant certificates,
testimonials in support of qualification and experience prescribed for the
post. Candidates who fail to send hard copy of the application along with
relevant documents will not be considered even though they have
submitted application on-line. Candidates applying for any posts on
deputation basis, need to submit online application on or before 21st July
2020 and forward the signed hard copies through proper channel so as to
reach BMRCL on or before 8th Aug. 2020.
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 2. The application of any candidate found guilty of impersonation or
submitting fabricated documents or making statements, which are false or
incorrect or indulging in suppression of facts, attempting to use unfair
means for the purpose of recruitment, will be liable for rejection.
3. The shortlisted candidates will be informed by email / SMS to appear for
written test / interview as and when called, at their own cost.

VI. MISCELLANEOUS

1. Documents in support of Da te of Birth, qualification and relevant

experience shall be sent along with the application. Non-submission of
documents along with the application, will lead to rejection of application
at any stage during the process of recruitment. BMRCL reserves the right
to conduct verification of certificates / antecedents o f the candidates at
any time.
2. BMRCL reserves the right to cancel the notified vacancies at its discretion
and such decision will be final and binding on all.
3. BMRCL reserves the right to assess fitness or otherwise of the candidates
selected.
4. BMRCL shall not be liable for any damage / injury / loss to the individual,
if any, sustained during the entire recruitment process and journey.
5. Candidates are advised to apply well in advance to avoid last hour rush
& technical glitches. BMRCL will not be responsible for any technical
issues/server problems.

VII. LAST DATE FOR RECEIPT OF APPLICATIONS

Eligible candidates may fill in the application on-line, take a print out of the same
and forward along with relevant documents in support of qualification and
experience. Such applications may be addressed to the General Manager (HR),
Bangalore Metro Rail Corporation Limited, III Floor, BMTC Complex,
K.H.Road, Shanthinagar, Bangalore “…………………………. ”. Last date for
receipt of applications is 4.00 PM of 21-07-2020.

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