Hindustan Petroleum Corporation Limited (HPCL) requires 40 Chartered Accountants

Oct 22, 2012, 10:30 IST

Hindustan Petroleum Corporation Ltd. (HPCL) is a mega integrated Oil refining and marketing company with Gross Sales of Rs.188,131Crore.

Hindustan Petroleum Corporation Ltd. (HPCL) is a mega integrated Oil refining and marketing company with Gross Sales of Rs.188,131Crore. The company secured 267 positions in the prestigious list of Fortune Global 500 Companies during 2011-12.

HPCL with its performance oriented culture and well-rounded peoples’ policies has won several prestigious awards like the “Forecourt Retailer of the Year” Award 2011, by Star Retailer Awards, “Golden Peacock HR Excellence Award” for the year 2011, the “CIO 100” Award by IDG, for the sixth consecutive year for innovation use of IT to deliver value and many others.

The company issued notification for recruitment of 40 Chartered Accountants. Interested candidates can apply online till 8 November 2012.

Important Dates:

Last Date to Apply Online: 8 November 2012 (1700 hrs)
Last Date to Deposit fee in SBI Branch: 10 November 2012

Vacancy Details:

Name of Post: Chartered Accountants (CA)
Number of Posts: 40 (SC-6, ST-3, OBC (NC)-11, Unreserved-20)  
[3% reservation is provided for PWD candidates]      

Age Limit (as on 8 November 2012):


Maximum: 27 years.
[Maximum age limit relaxed by 3 years for OBC-NC candidates; by 5 years for SC/ST candidates, for candidates domiciled in Jammu & Kashmir between 01 January 1980 & 31 December 1989 and for Ex-servicemen & Commissioned Officers (including ECOs/ SSCOs); by 10 years for PWD-UR candidates; by 13 years for PWD-OBC-NC candidates; by 15 years for PWD-SC/ST candidates.]

Education Qualification:

Candidates should be Qualified Chartered Accountant (CA) from Institute of Chartered Accountants of India (ICAI).

Note: Candidates applying for the post should be in possession of C.A. professional qualification completed in all respect at the time of applying for the post. They should have also completed the mandatory Article-ship Training required for award of C.A. qualification at the time of applying.

Application Fee & Processing Fee:

A Non-Refundable amount of Rs.535 (Application fee of Rs. 500 and banking charges of Rs.35) has to be paid either in cash through fee payment challan at State Bank of India (SBI) or Online through Debit/Credit card.

[SC/ST & PWD candidates are exempted from payment of Application & Processing Fee.]

A. Payment through challan at State Bank of India (SBI):

The 3-part [1.Candidate copy, 2.HPCL copy, 3.Bank (SBI) copy] payment challan is available on HPCL website. Candidates should take its print out and deposit the non-refundable amount of Rs.535 through it in “HPCL Power jyoti account” at any SBI branch.

The payment has to be made after 2 working days from the date of submission of online application form.

Candidates would be required to provide the unique application/reference no and their date of birth for depositing the fees. On successful deposition of fees, candidates will be provided the ‘Candidate’s copy’ and the ‘HPCL copy’ of 3 part challan along with a Journal No. stamped/written on them. Candidates should check that the Journal No entered on the candidate copy and the HPCL copy of the Challan is same and retain/preserve both the copies for future reference.

Once the HPCL receives the payment against the application no. the online payment status will change to “Payment Received”. This process will take 2-3 working days. If the payment status does not change to “Payment Received” within 2-3 working days from making the payment, candidates should upload the Challan details along with scan copy of Challan against the online application on HPCL website.

Candidates can view their status of payment of application fee by logging in HPCL website with application / reference no. & e-mail ID (as mentioned in online application), after 2-3 working days from actual payment date.

B. Online Payment through Debit/Credit card:

Candidates wishing to make online payment should have a Debit/Credit card which they can use to make payment. On successful transaction, the payment status will automatically change to “Payment  Received”. Once the payment is done, Candidates are required to take print of acknowledgment of payment and preserve the same for future reference.
In case the payment status does not change immediately, candidates are required to re-try payment through Debit/ Credit card or switch to payment through challan at SBI.

Selection Procedure:

Candidates found eligible on scrutiny of online application will be called for personal interview. They would be required to produce Certificate of Membership of Institute of Chartered Accountants of India at the time of Interview.

Personal Interview would consist of assessment of behavioral competencies, wherein candidates will be required to qualify in behavioral interview. Candidates qualifying in the Personal Interview will be required to undergo pre-employment medical examination. Reference for medical examination does not mean final selection.

The final selection / Offer of Employment will be based on the  candidates CA Final marks  in both Groups  and candidate’s performance in the Personal Interview (consisting of behavioral competencies) on being declared ‘Medically Fit’ by HPCL designated Physician.

Candidates belonging to SC, ST, OBC-NC & PWD would be assessed under relaxed standards during personal interview. A category-wise merit list will be drawn for all the candidates who qualify in all selection parameters as per above criterion & offer of appointment would be as per vacancies available category-wise.

Remuneration Package:

Selected candidates will be on Probation for one year and they will be placed initially at the entry level in the Management Cadre in “A” grade in the Salary Scale of Rs.24,900-50,500.

Besides Basic Pay, the employee is entitled to allowances at 50% of Basic Pay under Cafeteria Approach, Dearness Allowance, HRA, Contributory Provident Fund, Gratuity, and Superannuation Benefits as per Corporation’s policy in force from time to time. On confirmation, the CTC would be approx. Rs.8.5 lakhs per annum**. In addition to this,Performance Related Pay  (PRP) is also paid as per the Corporation’s policy.

[** CTC is for candidates posted in metro cities; and may vary for other locations. CTC includes deferred payments like post-Retirement Benefits also.]

Retention Amount:

An amount of Rs. 5000/- per month will be deducted as retention amount from the total emoluments for first six months during the period of probation. The amount will be refunded to the officers only after their confirmation in salary grade ‘A’. The retention amount will be forfeited, upon leaving the Corporation or termination of service before the confirmation.

How to Apply:

Interested eligible candidates can apply online by logging in to www.hindustanpetroleum.com from 5 October 2012 (1000 hrs) to 8 November 2012 (1700 hrs).

Candidates should fill in the online form with all the relevant details carefully (details once submitted cannot be modified) , upload scanned copy of their latest passport size photograph (in jpg / gif format less than 500 kb) and submit it.

On successful submission of form, the system will generate a unique 12 Digit Application/Reference No.

Candidates are required to note this Application / Reference No. and take a printout of the submitted Online Application Form and preserve both of them for future reference. After depositing the form, candidates will have to choose the option for Payment of Application & Processing Fee -- Payment through challan at SBI OR through Debit/ Credit card and proceed accordingly.

Note: Candidates are “NOT” required to submit hard copy of application form to HPCL.
Candidates should have an active e-mail id as all future communication related to recruitment process will take place through e-mail only.
Candidates should access the “Frequently Asked Questions (FAQs)” for queries related to recruitment including selection process.  In case any particular query is not covered in the FAQs, the candidates can write to Hindustan Petroleum Corporation Ltd. (HPCL) Corporate Recruitment Team at adminrect@hpcl.co.in

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Jagran Josh
Jagran Josh

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