Recruitment Notification from Jammu and Kashmir Bank – Apply Now!

Jammu & Kashmir Bank has announced an exciting opportunity for experienced financial professionals! The bank is inviting applications for the position of Chief Financial Officer (CFO) on a contractual basis. If you meet the eligibility criteria, this is your chance to join the prestigious organization in a senior leadership role. Below are the details you need to know:

Position Details:

• Position: Chief Financial Officer (CFO) – Equivalent to General Manager (Scale VII)
• Nature of Engagement: Contractual for 3 years with yearly performance review (extendable at the bank’s discretion)
• Location of Posting: Corporate Headquarters, Srinagar

Eligibility Criteria:

Educational Qualification:

• Qualified Chartered Accountant

Age Limit:

• Maximum 65 years as of 01.04.2025 (with a possible relaxation of 2 years for candidates with PSU/PSB experience)

Work Experience:

• 15 years in overseeing financial operations, preferably in accounting and taxation within banks/large corporates/PSUs/FIs/Financial Services Organizations
• Out of the total experience, 10 years must be in Banks/FIs, with at least 5 years at a senior management level

Key Roles and Responsibilities:

The CFO will play a pivotal role in managing the bank’s financial strategies, including:

• Budget planning & control, cash management, and strategic financial planning
• Overseeing accounting, credit, insurance, taxation, and treasury functions
• Ensuring compliance with RBI guidelines, IFRS/IND AS, and ECL implementation
• Maintaining prudent cash flow management and financial risk controls
• Managing investor relations and financial reporting to SEBI
• Leading the finance team with effective MIS, ERP implementation, and automation of financial statements

Compensation:

• Salary will be negotiable and will depend on the candidate’s profile and experience.

Selection Process:

Eligible candidates will undergo:

• Shortlisting based on qualification, experience, and eligibility
• Interview/Personal Interaction for final selection

How to Apply:

• Application Period: 05.03.2025 to 19.03.2025
• Interested candidates must apply online via J&K Bank Website under the ‘Careers’ tab
• A non-refundable application fee of Rs. 1000 (Inclusive of GST) is required
• After submitting the application, candidates should email their updated CV/Resume to [email protected] with the subject line: “Application for the Position of Chief Financial Officer”

Important Notes:

• All further communication will be via the registered email ID
• The bank reserves the right to alter the recruitment process, reject applications, or cancel the entire process if required

Don’t miss this opportunity to advance your career with J&K Bank! Apply now and take your career to the next level.