DCIL Visakhapatnam Jobs – Chief Financial Officer Vacancy for UR Category

The Dredging Corporation of India Limited (DCIL), a premier organization in the field of dredging and maritime services, has invited online applications from eligible and experienced finance professionals for the post of Chief Financial Officer (UR). The post is a senior-level position at the head office of the company in Visakhapatnam, Andhra Pradesh.

DCIL is a Central Public Sector Enterprise under the Ministry of Ports, Shipping and Waterways, Government of India. DCIL contributes to port development and upkeep through the  provision of dredging services to major and minor ports, land reclamation, beach nourishment, and other marine infrastructure work.

This hiring is a great chance for extremely experienced Chartered Accountants or Cost Accountants with a good leadership track record in the Finance field.

Important Dates

Application Fee

• General/OBC (Non-Creamy Layer): ₹1,000 (non-refundable)
• SC/ST/PwD Candidates: Exempted (must upload valid proof)

Vacancy Details

Age Limit

As on 01 April 2025

• Minimum Age: 47 years
• Maximum Age: 55 years

Salary and Benefits

• Pay Scale: ₹1,20,000 – ₹2,80,000 (IDA Pattern)
• Total CTC: Approx. ₹50 lakh per annum (at the minimum scale)
• Additional Benefits: HRA, DA, perks and allowances, company vehicle, medical coverage, and superannuation benefits as per company rules.

Educational Qualification

• The candidate must be a Chartered Accountant (CA) or Cost Accountant (CMA) from a recognized institution or university.
• A good academic record is essential.

Experience Requirements

As on 01 April 2025, candidates must have:

• Minimum 25 years of post-qualification experience in Finance & Accounts at a senior level.
• Experience in independently handling:
  • Financial accounting
  • Corporate financial planning
  • Taxation
  • Budgeting and cash management
  • Foreign exchange transactions
  • Commercial tenders and contracts
  • Corporate laws and compliance
• Preference will be given to candidates who have worked as GM or above in the Finance department in the Shipping or Dredging Industry.

Additional Conditions Based on Employment Sector

For Government/PSU/Autonomous Body Applicants:

• Must be working in a comparable grade or at least in the pay scale of ₹1,00,000 – ₹2,60,000 (IDA) (Post 01.01.2017).
• Minimum two years of experience in the above scale.

For Private Sector Applicants:

• Must be employed in a listed company with minimum annual turnover of ₹800 Crores.
• Must have minimum 25 years post-qualification experience.
• Minimum 4 years of experience as Head/Chief of Finance.
• Current CTC should be ₹40 lakhs per annum or more.

Selection Process

The selection process includes:

1. PowerPoint Presentation
   • Candidates must present their professional achievements and vision for the company’s financial growth.
   • Weightage: 50 Marks
2. Personal Interview
   • Evaluation of professional knowledge, industry expertise, and suitability for the role.
   • Weightage: 50 Marks

Final merit will be based on the combined score of the presentation and interview.

How to Apply

Only online application shall be submitted through the official DCIL website. No other type of application shall be accepted.

Steps to Apply Online

1. Visit the DCIL official website.
2. Click on the recruitment option and select the CFO application link.
3. Enter all personal, academic, and professional information required.
4. Upload the following scanned documents:
   • Date of birth proof
   • Qualification certificates (including mark sheets)
   • Caste/Disability/Ex-servicemen certificate (if applicable)
   • Proof of employment and experience
   • CGPA to percentage conversion certificate (if applicable)
   • NOC (for Government/PSU candidates)
   • Private sector candidates must also upload:
     • Proof of CTC (Form 16, Pay slips)
     • Proof of company turnover and listing (Audited balance sheets of last 3 years)
   • Application fee payment receipt with transaction details
5. Submit the form and download the final application copy for future reference.

Important Links