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IndianOil (IOCL) Recruitment of Assistant Officers in Finance Function 2018

Assistant Officers in Finance Function 2018

Indian Oil Corporation Limited looking for energetic and dedicated Graduates (any discipline) with minimum 55% marks (relaxed to 50 % for candidates belonging to SC/ST and PwBD categories) and having passed the CA/ CMA Intermediate (or equivalent qualification) from Institute of Chartered Accountants of India (CA Institute) / Institute of Cost Accountants of India (CMA Institute) with at least three years of relevant experience, post CA/CMA Intermediate qualification, of working in finance function.

The details of eligibility criteria regarding disciplines, prescribed educational qualification, age and other eligibility criteria and application procedure are mentioned below:

Eligibility Criteria & Qualification Required

Graduate in any discipline with minimum 55 % marks (relaxed to 50 % for candidates belonging to SC/ST and PwBD categories) and have passed the CA/ CMA Intermediate (or equivalent qualification from  CA/CMA institute) and At least three years of post qualification relevant working experience as on 30th June, 2018 Relevant field includes experience in the field(s) of Finance/Accounts/Taxation/Cost Accounting/Auditing etc. The articled training /practical training which are integrated to the curriculum of
respective institution shall not be considered as valid experience for this purpose.
a) Candidates having passed final examination from CA/CMA Institutes are not eligible.
b) Above mentioned experiences are indicative and not exhaustive. The Corporation reserves the right to take a final decision for considering/ not considering an experience as valid experience for the post.

Nature of Job

Candidates selected as Assistant Officers in finance function may be posted in any of the division of IndianOil – Refineries, Marketing, Pipelines, Business Development and R&D Centre or in Corporate
functions or in Subsidiary/Joint Venture companies.
Finance profile generally includes – Preparation of accounts, Internal Audit, Accounting, Pricing, Banking & Treasury Functions, Project Appraisal/ Project accounting, Direct and Indirect Taxation, Crude oil
procurement/payments, trade receivables, trade payables, assets accounting etc.

Age Limit

Maximum 30 years as on 30 th June,2018 for general category.

Last Date

10th November, 2018 is the last date for receiving the ONLINE application by IndianOil.


Candidates selected as Assistant Officers (Ao grade) will receive a starting basic pay of Rs. 50,000/-per month. In addition, the selected candidates will receive Dearness Allowance (DA) and other allowances,
according to the rules of the Corporation in force, and as amended from time to time.

Number of Posts

Unmentioned, Various

Apply Now



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