Engagement of Senior Consultant in Finance in BHEL

Bharat Heavy Electricals Limited (BHEL), India’s premier engineering and manufacturing enterprise provides World class products and services and caters to core sectors of the Indian economy viz., Power Generation and Transmission, Renewable Energy, Defence, Aerospace, Oil & Gas with over 180 product offerings to meet the needs of these sectors. With a widespread network of 16 Manufacturing Facilities, 02 Repair Units, 04 Regional Offices, 08 Service Centres, 1 subsidiary, 3 active joint ventures, 15 Regional Marketing Centres, 3 overseas offices and current project execution at more than 150 project sites across India and abroad, BHEL manufactures a wide range of high quality & reliable products adhering to national and international standards.

The Company has its footprint in all the inhabited continents of the world with references in 83 countries and has achieved turnover of Rs 17,678 Crores in 2020-21.

BHEL invites applications for One Position of Senior Consultant in the area of Finance at its Heavy Power Equipment Plant, Ramachandrapuram, Hyderabad. The position shall be based at Hyderabad and shall report to Unit Head, Hyderabad.

Period of Engagement:-

The period of engagement shall be for one year which can be further extended by a period of upto one year at a time or till the completion of assignment (whichever is earlier). However, the maximum tenure shall be limited to five years or upto 65 years of age. (whichever is earlier).

Job Description:-

The Senior Consultant should provide Professional Advice/Assistance for specific assignments of Finance Department, BHEL, HPEP, Hyderabad, in the areas such as of material cost reduction, monetization of surplus/scrap inventory, inventory optimization, reduction in sub-contract cost, miscellaneous expenses reduction, identifying potential and increasing cash collection, increasing other operational income, unlocking of provisions, project cost control, productivity improvement, PI & DEEC Bond closure, settlement of IR paras and ensuring non conversion IR paras into DP.

Eligibility Criteria:-

Any retired executives of BHEL equivalent grade of E8 and above (i.e General Manager or above having retired from Payscale of Rs 1,20,000 – 2,80,000 & above) from PSUs/Autonomous Organizations /Central/State Government or Members of National Level Professional Institutions or any other organizations including Private sector (Listed Company), meeting following eligibility criteria can apply:

Applicants meeting the following eligibility criteria can apply:

• Age (as on 01st of December,2021): The applicant should not be more than 64 years.

Note: Applicants retired under VRS Scheme shall be considered only after attaining 60 years of age.

• Qualification Requirements:-

The applicant must possess Bachelor’s degree with PG Diploma in Management from a recognized Institute or possessing CA/ICWA qualification.

• Experience: The applicant should have minimum thirty years’ work experience of working in the areas of Financial Management in a Large Manufacturing set-up (as on 01st day of December, 2021).

Selection Process:-

The applications, received against the notification, will be scrutinized by a committee and the shortlisted candidates may be then called for an interaction, if required, by a duly constituted Selection Board.

The outside candidates called for the interaction shall be reimbursed the travel expenses as given below: By Rail: AC-First Class or By Air: By Economy Class Air fare.

Emoluments:-

The Senior Consultant will be paid a consolidated fee of Rs. 90,000/- per month. In addition, mobile phone charges (Upto Rs 2000) for one connection, Transport allowance at 10% of consultancy fee and Housing allowance as per applicable rates shall be admissible.

The facility of Company Accommodation (one level below the entitlement at the equivalent BHEL grade from which he/she has retired) can be allotted on payment of License fee and other charges as per Company rules. In such case, Housing Allowance will not be paid.

Further, Senior Consultant shall be eligible for Site Allowance and TA/DA on official tours, as per rules.

General Instructions:-

1. Applications that are not in conformity with requirements indicated in the advertisement/incomplete applications will not be entertained.
2. The candidature of applicants at all stages of selection process will be provisional and is subject to satisfying the prescribed eligibility conditions.
3. Candidates/Applicants, who have undergone any major punishment shall not be eligible.
4. BHEL reserves the right to cancel/restrict/ enlarge/reopen the engagement process, if the need so arises, without issuing any further notice or assigning any reason thereof.
5. Applicants should only apply online at careers.bhel.in. The application submission is in two stages. In the first stage, applicant has to fill in the required details as per form. Thereafter, a private login on the link “Latest Status” would be created, wherein the applicant would be required to upload the necessary documents.

The complete application form should comprise of the following:

• Letter of Interest (LoI) for the saidposition.
• Necessary documents to substantiate Eligibility details as referred in Application form, including DOB Proof, Graduation & PG/Prfessional Qualification, Comprehensive Biodata and Service certificate/ Experience Certificate(s).

6. The applicant must ensure that the status of both the stages of application form is reflected as “COMPLETED”. Only then, the application form will be considered for candidature.

7. Responsibility of uploading the necessary documents shall be with the The applicant can view the documents uploaded in their login. Maximum Size of the document to be uploaded has been described against the upload link.
8. BHEL does not take responsibility of attaching the documents separately or receiving them in any subsequent mail.
9. The uploaded documents shall be in legible form- e. the contents should be readable. Upload of blurred/edited images will lead to disqualification of the candidature.
10. No hard copy application shall be entertained.
11. Applicants must keep their E-mail ID (from which the applicant is submitted at BHEL) active for at least 6 months as any important intimation/notice with regards to this notification shall be provided by BHEL through e-Mail. They are further requested to check their e-mail for any communication from BHEL in this regard.

IMPORTANT DATES:-

Milestones	Scheduled Date
Last date of submission of Complete Application with uploaded documents	17/12/2021