Central Bank of India Jobs Recruitment 2019 – Concurrent Auditor 40 Posts

Central Bank of India Jobs Recruitment Notification 2019.Central Bank of India inviting applications for the positions of Concurrent Auditor.Interested and Eligible candidates can apply for the positions.

Last Date for Submission of Application is on October 25th, 2019.


Post and Vacancies:

Concurrent Auditor – 40 Posts

Other Qualification Details :- 

Request for uploading information regarding appointment of Concurrent Auditors for branches of Uttar Bihar Gramin Bank (UBGB) from Retired Bank Officers & Chartered Accountant Firms on website of Central Bank Of India.

1. Essential: Graduate/Post Graduate degree from a UGC recognized University.

2. Desirable: JAIIB CAIIB shall be referred.

3. Experience:

a. Essential: i)Candidate should have retired on VRS or on attaining superannuation with minimum 20 years of service of which at least 15 years in Officer Cadre. ii)He should have worked as Branch Manager in any scale in a rural branch for at least 3 years. Iii) He should have unblemished record and possess satisfactory service certificate from the previous employer. Iv) Should be well conversant with the local language. v) Should have retired from scale II and above. vi) Should be resident of the same or nearby district.

4. The following terms and conditions shall be applicable for appointment of Chartered Accountant Firms as Concurrent Auditors:

a. The eligibility criteria will be as under: Professional standing : more than 03 years as on 31.03.2019 Partnership/ proprietorship Firms only, of which FCA/s at least : 01. Experience – Minimum 01 public sector Banks as Concurrent Auditors or Statutory Auditors. (experience of the Firm only as Statutory and Concurrent Auditor is to be taken and not that of individual partner shall be counted). 03. The Firm should having Chartered Account(s) as partner(s)/ Proprietor. 04.The firm or its proprietor/partners have not been the subject of inquiries in the past by the Institute of Chartered Accountants of India as per the provisions of Section 21 of the Chartered Accountants Act, 1949 and no such inquiry is pending , initiated, or contemplated by the Institute as on the date of application as well as date of acceptance of assignment. They should not be blacklisted in Central Bank Of India or in any other financial institutions.

b. Assignement of Concurrent Auditor shall be given initially for a period of one year, thereafter may be extended on the basis of performance and at the discretion of the Board of the Bank, however, no Concurrent Auditor shall continue with the assignment for a branch for more than two year. However, in case the performance of the Concurrent Auditor falls short of the expectation of the Management, the Concurrent Auditors may be replaced at any time. The performance of Concurrent Auditors will be monitored by the Regional Offices on monthly basis who will after scrutinizing the monthly concurrent audit reports, submit the rating at the end of every month to Audit & Inspection Department, Head Office for review…..Read more>>