| Job Title | General Manager – Chief Financial Officer |
|---|---|
| Category | Banking |
| Location | India |
| Company | Indian Overseas Bank (A Govt. of India Undertaking) |
| Description | Qualification Required Qualified Chartered Accountant (FRM Certification and/or CFA preferred) Work Experience Required Minimum 15 years in overseeing financial operations, of which 10 years in Banks/FIs (5 years at Senior Management level) Maximum Age 55 years (inclusive of applicable age relaxation), as on 01.07.2026 Mode of Application Online only Application Start Date 22.07.2026 Application Last Date 05.08.2026 Mode of Selection Personal Interview/Discussion (preliminary screening may be conducted) IOB Chief Financial Officer Eligibility Criteria 2026 All eligibility criteria (Qualification, Age, Experience, etc.) for this post shall be computed as on 01.07.2026 (inclusive).Banking Career Guide Educational/Professional Qualification A qualified Chartered Accountant Preferred: FRM Certification and/or CFA Work Experience Minimum fifteen (15) years in overseeing financial operations, preferably accounting and taxation matters, in Banks/large corporates/PSUs/FIs/financial services organizations, of which ten (10) years should be in Banks/FIs, of which five (5) years should be at Senior Management level. IOB Chief Financial Officer: Roles & Responsibilities Financial Reporting & Compliance: Overseeing the statutory auditing process, reporting audit results as per SEBI requirements, monitoring critical financial parameters (Non-Interest Income, ROA, ROE etc.), coordinating with NFRA and RBI on auditor-related issues, and handling Whole Bank Long Form Audit Report (WBLFAR) matters. Tax Compliance: Optimization of the Bank's tax liability, GST and TDS compliance. Accounting Systems: Developing and maintaining accounting systems per Accounting Standards and RBI Guidelines, Internal Financial Controls over Financial Reporting (IFCOFR), and implementation of IFRS/IND AS. Management Reporting: Coordinating with the Financial Control Department for review of regional and Whole Bank performance. International Banking Activities: Supporting the International Banking Group on accounting and tax compliance as per local regulators. Other Activities: Overseeing MIS reporting systems, strategic capital planning, balance sheet optimization, medium-term financial strategy, and managing stakeholder relationships with regulators, government, rating agencies, and investors. IOB Chief Financial Officer Selection Process 2026 Selection will be through Personal Interview/Discussion. The Bank may carry out a preliminary screening of applications to shortlist eligible candidates based on qualifications, suitability, and experience. Total marks allocated for the Personal Interview: 100. Minimum qualifying marks: 50 (45 for OBC/SC/ST/PwBD candidates). In case multiple candidates score the same cut-off marks, ranking will be done according to age, in descending order. The Bank may change the mode of selection depending on the number of applications received. Merely fulfilling the minimum qualification and experience criteria does not automatically entitle a candidate to an interview call; the Bank may consider additional qualifications, greater experience, and level of responsibilities handled while shortlisting. IOB Chief Financial Officer: Joining, Bond & Probation The selected candidate, at the time of joining, must execute a Bond of Rs. 3 lakhs to serve the Bank for a stipulated period of 3 years. The Bond will be invoked if the candidate resigns before the expiry of the bond period from the date of joining. On joining, the selected candidate will be on probation for a period of 1 year and subjected to continuous assessment. Confirmation depends on qualifying the assessment as per standards determined by the Bank. If the candidate fails to achieve the minimum stipulated standards, their services may be terminated. Place of Posting: Central Office, Chennai. IOB Chief Financial Officer Required Documents 2026 The following documents in ORIGINAL together with a self-attested photocopy must be submitted at the time of Personal Interview:IOB Mobile Banking Printout of the valid Personal Interview Call Letter Valid system-generated printout of the registered online application form Proof of Date of Birth (Birth Certificate or SSLC/Std. X Certificate with DOB) Qualification certificates: Chartered Accountant, and preferred qualification of FRM Certification and/or CFA, if held Other UG/PG certificates (for records) Photo identity proof such as Passport/Aadhaar/e-Aadhaar Card/PAN Card/Driving Licence/Voter's Card Mark sheets and relevant certificates for educational qualifications Work experience proof: Experience Certificates, Appointment Letters, Relieving Letters, Pay/Salary Slips Caste Certificate (for SC/ST/OBC/EWS candidates, in the prescribed format) OBC certificate with non-creamy layer clause (issued on or after 01.04.2026, for OBC candidates) Income and Asset Certificate (for EWS candidates) Disability Certificate in prescribed format issued by the District Medical Board (for PwBD candidates) No Objection Certificate (for candidates serving in Government/Quasi-Government offices/PSUs, including Nationalised Banks and Financial Institutions) Any other relevant document in support of eligibility How to Apply for IOB Chief Financial Officer Recruitment 2026? Visit the Bank's official website www.iob.bank.in and go to the "Careers" page. Click on "RECRUITMENT OF CHIEF FINANCIAL OFFICER" and select the post to be applied for. Click on the "Register Online" link and complete first-time registration by clicking "Click here to Register Online". Note the system-generated Registration Number and Password sent via email and SMS. Upload photograph and signature as per the specifications in the Guidelines for Scanning and Upload of Photograph and Signature (Annexure I). Fill in all required details carefully in the Online Application Form. Upload the mandatory documents: Birth/SSC Certificate, Final Degree Certificate/Consolidated Mark Sheet, CA Certificate, and Work Experience Certificate (PDF, each under 200KB); upload NOC from employer, if applicable. Click on "COMPLETE REGISTRATION" at the end of the form. Proceed to pay the Application Fee/Intimation Charges through Online Mode (Debit Card/Credit Card/Net Banking). Take a printout of the system-generated submitted online application form and the payment e-receipt for future reference. |
| Salary | Rs. 1,56,500 – 4340/4 – 1,73,860 (Scale VII-GM Level) |
| Last Date | 2026-08-05 00:00:00 |
| Apply Link | Click Here |
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