Indian Port Rail & Ropeway Corporation Limited (IPRCL), Recruitment 2023

Indian Port Rail & Ropeway Corporation Limited (IPRCL), Recruitment 2023


  • The Vacancy Circular No. 18/2023, dated 01.12.2023, is for the position of “Sr. Manager (Finance & Accounts) (E-3)/Manager (Finance & Accounts) (E-2)”. The vacancy is for one post and is located in Mumbai. The age limit for the position is up to 57 years for deputation, up to 40 years for Sr. Manager (F&A) on contract, up to 35 years for Manager (F&A) on contract, and up to 63 years for re-employment on an annual contract basis.

    The remuneration for the position is as follows:

    • For appointment on deputation: E-3 / E-2 Parent Department Pay + Deputation Duty Allowance + Other Allowances as per IPRCL HR Policy.
    • For appointment on contract for Officers presently working in CDA/IDA Scale: E-3 60000-180000/ E-2 50000-160000+ IDA IDA + HRA + Allowances under cafeteria approach @35% of Basic Pay & other benefits as admissible in IPRCL. Pay protection will be given to candidates as per DPE Guidelines.
    • For appointment on Contract for Officers presently working in Private Sector: E-3 60000-180000/ E-2 50000-160000+ IDA+HRA + Allowances under cafeteria approach @35% of Basic Pay & other benefits as admissible in IPRCL.

    In case of deserving & exceptional candidates, Basic Pay is negotiable.

    The selected candidate shall be placed at the minimum of Basic Pay.

    In addition to the above, the following facilities will be provided:

    • Company leased accommodation (in lieu of HRA)
    • Medical Facility (Outdoor & Indoor medical reimbursement)
    • NPS
    • PRP as per DPE guidelines (only for appointment in respect of Sr. No. II & III above)
    • Reimbursement of cost incurred towards mobile handset & Laptop as per Company Policy.

    For appointment on re-employment, the following remuneration will be provided:

    • E-3 60000-180000/ E-2 50000-160000
    • The selected Candidate will be placed at Starting Basic Pay of Rs.60,000/- for Sr. Mgr. (F&A) & Rs.50,000/- for Mgr. (F&A) plus IDA and HRA will be admissible as per rules.
    • Perks under cafeteria approach will be paid @ 20% of Basic Pay.
    • Transport Allowance @ 10% of Basis Pay per month will be paid in case vehicle is not provided by the Company. In case vehicle is provided, the Transport Allowance will not be paid and the maximum permitted amount of Perks under cafeteria will be reduced by 1%.
    • No Performance Related Pay will be paid.
    • Mobile/landline/Broad Band bill (All inclusive) reimbursement will be paid subject to ceiling of Rs.1000/- per month.

    The eligibility criteria for the position are as follows:

    • For Deputation:

      • The candidate should be working in Finance & Accounts in Govt./PSU/JV Companies under Govt. control/Govt. Companies.
      • The candidate should fulfill the eligibility criteria and due to retire shortly within 03 months up to 29.02.2024.
    • For Contract:

      • For Sr. Mgr. (F&A): The candidate should be up to 40 years of age.
      • For Mgr. (F&A): The candidate should be up to 35 years of age.
    • For Re-employment: The candidate should be up to 63 years of age.

    The candidates who are interested in the position should submit their applications along with the required documents to the following address:

    Human Resources Department IPRC Ltd. 1st Floor, Maker Chambers III Nariiman Point Mumbai – 400 021

    The last date for submitting the applications is 29.12.2023.

Indian Port Rail & Ropeway Corporation Limited (IPRCL), Recruitment 2023
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