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Saturday, March 28, 2020

NFRA Recruitment 2020(Out) – Apply Now!!!

NFRA Recruitment 2020(Out) – Apply Now!!!

NFRA Recruitment 2020 has released. National Financial Reporting Authority (NFRA), New Delhi, is a statutory body set up under Section 132 of Companies Act, 2013. NFRA has been established to protect the public interest and the interests of investors, creditors and others associated with the companies or bodies corporate by establishing high quality standards of accounting and auditing and exercising effective oversight on accounting functions performed by the companies and bodies corporate and auditing functions performed by auditors. The Authority proposes to engage Consultants as per details stated in the following link in its headquarters at New Delhi on Contract basis, initially for a period of one year in accordance with the Scheme of Engagement of Consultant / Sr. Consultant in NFRA ( Scheme is available on the website of NFRAIt is requested to apply in the prescribed format along with supporting documents as asked therein. Each page of the application should be duly signed by the applicant. The application should be sent in an envelope super scribing the post applied for, and should reach Under Secretary (NFRA), 7th Floor Hindustan Times Building, K.G. Marg, New Delhi — 110001. There is no last date for application. NFRA will consider applications received as per its requirement from time to time and as per the procedure stated in the said scheme.

NFRA Recruitment 2020 Details

Name of the BoardNational Financial Reporting Authority (NFRA), New Delhi
Name of the PostConsultant
VacancyVarious
Notification Date28-03-2020
Last DateThere is no last date for application
StatusNotification Released

Vacancy Details for Candidates:

S.No.PositionMinimum Educational QualificationMinimum Experience
l.Consultant Grade 1 (CA)Chartered Accountant
1.      Total 5 Years experience post membership of ICAI.
2.      Out of which 3 years experience in Audits of Listed Companies is desirable.
2.
Consultant
Grade I (Law)
LLB
1.      Total 5 Years experience post LLB.
2.      Out of which 3 years experience in dealing with company and related laws is desirable.
3.
Consultant Grade 1 (Financial Analyst)
MBA Finance / PG Diploma in Management in Finance — 2 Years course
1.   Total 5 Years experience post MBA / PGDM of 2 Years.
2.  Out of which 3 years experience in investment Banking/ Financial Analysis  is desirable.
4.Consultant Grade 2 (CA)Chartered AccountantTotal 10 Years experience post membership of ICAl.
5.Consultant Grade 2 (Law)LLB
1.      Total 10 Years experience post LLB.
6.Consultant Grade 2 (Financial Analyst)MBA Finance / PG Diploma in Management in Finance — 2 Years courseTotal 10 Years experience post MBA / PGDM of 2 Years.
7.Sr. Consultant (CA)Chartered AccountantTotal 15 Years experience post membership of ICAI

Terms and conditions for Candidates:

  • The assignment will be on full time basis and accordingly the consultants will not be allowed to take up any other assignment during the period of Engagement with
  • Selected candidates shall not practice their profession (Chartered Accountancy / Law, etc.) and will be required to surrender their Certificate of Practice, if any, before joining NFRA.
  • All selected candidates will have to provide declaration of fidelity and secrecy as prescribed by NFRA before joining
  • The place of posting will be New In case the consultant is required to travel on tour, his entitlements on tour will be as per “the Scheme”.
  • During the period of assignment with the Authority, it is likely that the Consultant / Consultant may come across certain information of important/secret nature. He shall, therefore, not divulge any information which would be available with him or gathered by him during the period of his assignment with the Authority to anyone in any manner at any time.
  • Consultant / Consultant shall not, except with the previous sanction of the Authority publish a book or a compilation of articles or participation in a radio/electronic media broadcast or contribute an article or write a letter to any newspaper or periodical, either in his own name or anonymously or pseudonymously in the name of any other person.
  • The assignment is purely on contract basis and will not confer any right for permanent absorption or appointment on regular basis in the Authority or the Ministry of Corporate Affairs     on     the     basis     of     this     engagement,     if
  • In the event of any information furnished by the applicant to NFRA is found false or incorrect or not satisfying the prescribed eligibility criteria, his candidature is liable to be cancelled/rejected at any stage even after engagement and action as deemed fit may be taken by NFRA at his risk and
  • In case of non-compliance of any of the terms and conditions of NFRA, the Authority shall have the right to take any action against the applicant at any stage as deemed fit at his risk.
  • Consultant / Consultant shall not undertake any assignment in NFRA involving investigation/examination of any audit firm or any other organization with whom he has been presently associated or have remained associated in the past in any manner. In case, any such assignment is given to him in NFRA, he shall bring it to the notice of his superiors in NFRA and request them to change the assignment allocated to him.
  • Consultant / Consultant should have read and understood the Charter of NFRA on the website of NFRA. He is required to maintain impeccable integrity, secrecy, dedication to duty and strive to meet the Aims, Objectives, Aspirations and Ethics of NFRA as stated in its Charter.
  • Important Details for Candidates:

    S.N.PositionTerms of Reference
    1.Consultant Grade 1 (CA)
    Ø  Assist in data analysis and identification of Audit Reports to be taken up for review.
    Ø  Assist in carrying out Audit Quality Review as per guidelines of NFRA and report writing.
    Ø  Assist in enforcement and disciplinary proceedings.
    Ø  Assist in investigation, if any company or body corporate has not complied with the requirements under the Act or rules which involves or may involve fraud.
    Ø  Assist in dealing with complaints as per Grievance redressal procedure of NFRA.
    Ø  Assist Consultant Grade 2 (CA) / any other senior as required.
    Ø  Any other work relating to above and any other work as assigned by NFRA.
    2.
    Consultant Grade (Law)
    Ø  Prepare draft charge sheets.
    Ø  Assist NFRA in disciplinary proceedings and enforcement including recording of statements during proceedings by NFRA, assist the Executive Body of NFRA in such manner as may be directed.
    Ø  Prepare draft notices to entities under NFRA for seeking information for investigation
    Ø  Prepare draft of Original Applications (OAs) / para-wise reply to OAs in litigation cases in various Courts / NCLAT, etc. Pursue the matter through legal counsels of NFRA.
    Ø  Assist Consultant Grade 2 (Law) / any other senior as required.
    Ø  Any other work relating to above and any other work as assigned by NFRA.
    3.Consultant Grade 1
    (Financial Analyst)
    Ø  Assist  in         Financial          and      market analysis and identification of Audit Reports to be taken up for review.
    Ø  Assist in investigation, if any company or body corporate has not complied with the requirements under the Act or rules which involves or may involve fraud.

    Ø  Assist in carrying out Audit Quality Review as per guidelines of NFRA and report writing.
    Ø  Assist in enforcement and disciplinary proceedings.
    Ø  Assist Consultant Grade 2 (Financial Analyst) / any other senior as required.
    Ø  Any other work relating to above and any other work as assigned by NFRA.
    4.Consultant Grade 2 (CA)
    Ø  Lead data analysis and identification of Audit Reports to be taken up for review.
    Ø  Lead in carrying out Audit Quality Review as per guidelines of NFRA and report writing.
    Ø  Assist in enforcement and disciplinary proceedings.
    Ø  Lead in investigation, if any company or body corporate has not complied with the requirements under the Act or rules which involves or may involve fraud.
    Ø  Lead in dealing with complaints as per Grievance redressal procedure of NFRA.
    Ø  Any other work relating to above and any other work as assigned by NFRA.
    5.Consultant Grade 2
    (Law)
    Ø  Finalize draft Charge sheets.
    Ø  Assist in disciplinary proceedings and enforcement including recording of statements during proceedings by NFRA, assist the Executive Body of NFRA in such manner as may be directed.
    Ø  Finalize notices to entities under NFRA for seeking information for investigation
    Ø  Finalize draft of Original Applications (OAs) / para-wise reply to OAs in litigation cases in various Courts / NCLAT, etc. Pursue the matter through legal counsels of NFRA.
    Ø  Any other work relating to above and any other work as assigned by NFRA.
    6.Consultant Grade 2
    (Financial Analyst)
    Ø  Lead in Financial and market analysis and identification of Audit Reports to be taken up for review.
    Ø  Assist in investigation, if any company or body Gorporate has not complied with the requirements under the Act or rules which involves or may involve fraud




    Ø  Assist in carrying out Audit Quality Review as per guidelines of NFRA and report writing.
    Ø  Assist in enforcement and disciplinary proceedings for matters as pertaining to him.
    Ø  Any other work relating to above and any other work as assigned by NFRA.
    7.Sr. Consultant (CA)
    Ø  Supervise data analysis and identification of Audit Reports to be taken up for review.
    Ø  Supervise in carrying out Audit Quality Review as per guidelines of NFRA and report writing.
    Ø  Lead in enforcement and disciplinary proceedings.
    Ø  Supervise in investigation, if any company or body corporate has not complied with the requirements under the Act or rules which involves or may involve fraud.
    Ø  Supervise in dealing with complaints as per Grievance redressal procedure of NFRA.
    Ø  Any other work relating to above and any other work as assigned by NFRA.

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