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Sr. Deputy General Manager Finance

Rail Vikas Nigam Limited



Location : Ranchi , Jharkhand

Job Type : Contract Basis

Hiring Process : Interview

Key Skills : HR

Industry : Government ,  PSU

Functional Area : Top Management

Eligibility : M.Com

Last Date : 5/22/2019 12:00:00 AM

Job Details

Sr. Deputy General Manager (Finance) Job Opportunity At Rail Vikas Nigam Ltd.

Minimum Eligibility: Officers Of Accounts Deptt. Holding Substantively

(i) posts in analogous grade (CDA/IDA) OR

(ii) posts in Sr. Scale (Level-11) post OR

(iii) posts in Gr. '˜B' (Level-10) & having 10 years of service in Group '˜B' OR

(iv) posts carrying grade Rs.29100-54500/-(IDA) for four years

Experience : Preference Will Be Given To The Candidates Having Construction Experience

No. of Post : 01

Location: Ranchi

Age : 56 Years

Scale Of Pay : Parent Pay Plus Deputation Allowance

Duration: Five Years Subject To Govt's Approval For Exemption To Rvnl From The Rule Of Immediate Absorption Beyond 31/12/2018


Application Process :

Closing Date : 30 Days From Date Of Issue. E-Mail To shailendra.modi@rvnl.org.


Organisation Profile : Indian Railway network particularly High Density Network, which connects the four Metro Cities of Delhi, Kolkata, Chennai and Mumbai including the diagonals is over saturated. Challenges of higher economic growth require leap forward capacity development strategy on Indian Railways. Paradigms of such a strategy required a shift from dependence on purely budgetary sources and internal surplus of Railways to mobilization of non-budgetary financial resources from private sector, banks, financial institutions, multilateral and bilateral agencies through a mix of equity and debt. The financial resources available from the traditional sources were found to be grossly inadequate to meet the requirement. The Ministry of Railways, therefore, had been considering various innovative methods of project distribution and creation of assets. Another paradigm shift required was to change from project mode of planning to programme mode to be implemented in a time bound manner. It was felt that the Railways instead of becoming the bottleneck in economic growth of the country should spur economic growth by development of capacity ahead of demand. It required fast track implementation of projects adopting established practice of financial closure and use of modern project management techniques. For this, adequate and uninterrupted flow of funds is a prime requirement. It also required mechanization of construction involving large number of construction machines and equipments of varied nature and skill sets of altogether different kind. Creation of Rail Vikas Nigam Limited is an outcome of the above thought process and policy initiative.



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