Career opportunity at ONCG.

OIL AND NATURAL GAS CORPORATION LTD.

ADVERTISEMENT NO. 4/2011 (R&P)

Oil and Natural Gas Corporation Ltd. (ONGC) is a Fortune-Global 500 Company and the first ever Indian Corporate in Fortune list of 'World's Most Admired Companies 2007'. It is the Numero Uno E&P company in the World, is amongst top 4 Energy Companies in Asia and ranks 18th among leading global energy majors as per 'Platts' Top 250' Global Energy Company Ranking 2010.

ONGC invites applications from competent professionals for the following posts:

Sl.

No.

Details of the

Post

No. of

posts

Age limit (As on

29.08.2011)

Qualification & Experience

1.

Manager

(Company

Secretary)

Scale: Rs. 36,600 -

62,000/- (E-4

level)

01

(UR)

44 years for

Gen

Should have passed the final examination

of the Institute of Company Secretaries

of India (ICSI) and should be an

Associate/ Fellow Member of ICSI.

Should have minimum 10 years post

qualification experience in Class I or

equivalent position of which at least 3

years should have been in the next lower

scale in a listed public limited company

of repute having annual turnover of

minimum Rs 500 crore as per last audited

balance sheet.

Preference will be given to candidates

with additional qualification of

CA/ICWA.

2.

Manager

(Finance)

Scale: Rs. 36,600 -

62,000/- (E-4

level)

01

(SC)

49 years for SC

candidates (54

years for PCOH/

HH)

Graduate Degree with ICWA/CA or Ist

class MBA with specialization in

Finance. 12 years experience in Class I

or equivalent position of which at least 3

years should be in the next lower scale.

Preference will be given to candidates

with additional qualification of

ACS/FCS.

Number of posts may vary. Experience and age can be relaxed in case of exceptional /

deserving candidates.

c) Job description –

The incumbent would be required to discharge various duties/jobs/assignments

which shall be assigned to him/her from time to time and shall include the following:-

A) Manager (Company Secretary)-OVL:

i. Ensure compliance of various provisions of the Companies Act, 1956, DPE

Guidelines on Corporate Governance, SEBI listing agreement and other Corporate

Laws like SEBI Act, FEMA, RTI etc relating to the company and its overseas

subsidiaries.

ii. Convene Board meeting, Audit Committee meeting, other Committee meetings,

Annual General meeting etc. including preparation of agenda, minutes, co-ordination

etc.

iii. Maintain books, registers, records etc. as per the applicable laws including filling of

forms, returns etc with MCA, RBI, DPE etc.

iv. Advise management on the implications of various legislations in formulating its long

term plans and take action for implementing the company’s corporate policies and

procedures affecting business operations.

v. Co-ordination with administrative Ministry and other Government Departments.

The incumbent should have in depth knowledge of the various Corporate Laws like

Companies Act, 1956, Listing Agreement, SEBI Guidelines, RTI Act, 2005 etc. In

addition, the applicant should also have knowledge of General system of Accounting,

preparation of financial statements, Internal Audit, maintenance of Cost Accounting

records, Taxation etc.

B) Manager (F&A)-ONGC:

i) Estimation of Plan & Non-Plan outlays along with budgeted activity costs of the

company.

ii) Costing – Plan vs. Actuals alongwith its activity cost- Periodical analysis and

reporting including preparation of well costing & Cost Audit.

iii) Examination of proposals including financial implications for concurrence.

iv) Revenue including Oil and Gas accounting.

v) Finalisation of Quarterly Accounts and coordinating with the Statutory Auditors of

the Company for the Audit thereof.

vi) Suppliers invoice verification and payment.

vii) Co-ordination with internal auditor, Government Auditor, Tax Auditor etc.

viii) Joint Venture Accounting including maintenance of accounting records as per JV

Agreement, conduct of FCM (Finance Committee) meetings, raising of cash calls, coordination

of Partners Audit etc.

ix) Tax Management including Service Tax, Excise Duty, Customs, Royalty & Cess,

VAT etc.

x) Desirable exposure to Company Secretarial functions of large listed Public Limited

Company.

General

The pay scale is in the grade of Rs. 36,600 - 62,000/- with an increment of 3% per year.

Besides Basic Pay, the employee is entitled to allowance @ 47% of Basic Pay under

Cafeteria Approach, Dearness Allowance, HRA/Company Accommodation, Contributory

Provident Fund, Conveyance Maintenance, Substantial Performance Related Pay (PRP),

Medical Facility for self and dependents, Gratuity, Self Contributory Post Retirement Benefit

Scheme and Composite Social Security Scheme as per Company rules. The Company offers

one of the best Compensation packages in cost to company (CTC) terms in the country with

opportunity of merit-oriented advancement in a professionally managed organization focused

on growth.

How to Apply

1. Indian nationals fulfilling the requirements may send their applications to Deputy General

Manager (HR)-Recruitment, ONGC, B.S. Negi Bhavan, 3rd floor, Corporate R&P, Tel

Bhavan, Dehradun- 248003 so as to reach on or before 29.08.2011. The application should

be typed on A-4 size paper containing, in serial order (1) Post applied for (2) Name (3)

Father’s Name (4) Date of Birth (5) Category General/SC (6) Mailing address with Phone

No. E-mail ID (7) Qualification (covering degree, institution, year of passing and percentage

of marks (8) Experience as Class-I executive, covering the posts held, organization, period,

pay scales and nature of duties, last pay details showing Basic, DA and other allowances (9)

Challan no/ Journal No, amount of fee, date of deposition of fee, Branch name. (10)

Signature with date (11) CPF No. (applicable only for departmental candidates of ONGC).

2. A Payment of non refundable registration fee of Rs. 500/- for General Candidates and Rs.

100/- for SC/Physically Challenged candidates is to be paid. Non refundable registration Fee

is to be deposited in ONGC Powerjyoti A/C Number 30827318409 of SBI. Payment is to

be made at the State Bank of India Branch by filling up the challan form given below and

the ONGC’s copy of the original challan duly stamped and signed by the bank is required to

be sent along with the application as proof of depositing the fee. Candidates should retain

their copy of Challan for future reference. Fee is non-refundable. No other mode of payment

would be accepted. The challan form for the same is attached here below. The same can be

downloaded for making payment.

3. Please affix a recent passport size photograph on the top right hand corner of the

application.

4. Attach self attested photocopies of certificates showing date of birth, qualification, (Degree

as well as marks sheets) experience, pay scale and caste (where applicable).

5. Please super-scribe the post applied for on the top right corner of the envelope.

6. Applications received after the due date will neither be entertained nor returned.

ONGC will not be responsible for any delay whatsoever.

7. Incomplete applications will be summarily rejected and no correspondence shall be

entertained from the candidates not short listed for the interview.

Kindly visit ONGC website www.ongcindia.com, for further information about the post

and the company

OIL AND NATURAL GAS CORPORATION LIMITED

ADVERTISEMENT NO. 4/2011 (R&P)

GREAT OPPORTUNITY TO JOIN GLOBAL

LEAGUE IN E&P DOMAIN.

LAST DATE FOR RECEIPT OF APPLICATION 29.08.2011

A BRIGHT CAREER OPPORTUNITY BECKONS YOU TO THE WORLD'S

NO.1 E&P COMPANY AND A FORTUNE 500 PREMIER MAHARATNA

COMPANY ENGAGED IN EXPLORATION & PRODUCTION OF

HYDROCARBONS IN INDIA AND ABROAD.

Oil and Natural Gas Corporation Ltd. (ONGC) is a Fortune-Global 500 Company and the

first ever Indian Corporate in Fortune list of 'World's Most Admired Companies 2007'. It is

the Numero Uno E&P company in the World, is amongst top 4 Energy Companies in Asia

and ranks 18th among leading global energy majors as per 'Platts' Top 250' Global Energy

Company Ranking 2010. It is ranked 24th among the Global Publicly-listed energy

companies as per 'PFC Energy 50' list-Jan 2010. It is also ranked number 1 Top Blue Chip of

India in the Finance Asia list for 2009 with the highest aggregate net profit. It ranks 155th in

the Forbes Global 2000 list 2010. ONGC, through its subsidiary ONGC Videsh Ltd. (OVL),

is India's biggest Transnational Corporate with overseas investment of over USD 12 billion.

OVL presently has participating interest in 33 projects in 14 countries and currently

producing oil and gas from 10 projects in 7 countries viz., Greater Nile Oil Project and Block

5A in Sudan, Block 06.1 in Vietnam, Al Furat Project and Block 24 in Syria, Sakhalin-I

Project and Imperial Energy in Russia, Mansarovar Energy Project in Colombia, San

Cristobal Project in Venezuela and Block BC-10 in Brazil. ONGC is ranked as the Best

Company to Work for in the Core Sector.

ONGC is looking for competent professionals for the post of Manager (Company

Secretary) in OVL and Manager (F&A) in ONGC in the pay scale of Rs. 36,600 - 62,000/-

(E-4 level) with attendant allowances as per company rules.

Eligible candidates will be required to appear for interview. The selected candidates

will be appointed subject to being medically fit.

For detailed information regarding the company, payment of application fee, challan

for payment of fee, eligibility criteria compensation package etc, you are invited to visit

www.ongcindia.com.