Chief Financial Officer

15 - 20 years

17 - 22 Lacs

Posted:1 day ago| Platform: Naukri logo

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Work Mode

Work from Office

Job Type

Full Time

Job Description

RECRUITMENT OF SPECIALIST CADRE OFFICERS ON CONTRACT BASIS

(ADVERTISEMENT NO: CRPD/SCO/2025-26/21)

ONLINE REGISTRATION OF APPLICATION & PAYMENT OF FEES: FROM 05.01.2026 TO 27.01.20


State Bank of India invites online applications from eligible Indian citizens for appointment to the Specialist Cadre Officers Posts on Contract Basis. Candidates are requested to apply online through the link given on Banks official website https://sbi.bank.in/web/careers/current-openings

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3. Candidates are required to upload all relevant documents including their resume, ID proof, age proof, Caste certificate, PwBD Certificate (if applicable), educational qualifications certifications, experience details, Biodata etc., failing which their application/candidature will not be considered for shortlisting/ interview.

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7. ALL REVISIONS/ CORRIGENDUM (IF ANY) WILL BE HOSTED ON THE BANKS WEBSITE ONLY.

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9. HARD COPY OF APPLICATION & OTHER DOCUMENTS NEED NOT TO BE SENT TO THIS OFFICE.

10. TEACHING & TRAINING EXPERIENCE WILL NOT BE COUNTED FOR ELIGIBILITY.

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15. Candidates serving in Govt./ Quasi Govt. offices, Public Sector undertakings including Nationalized Banks and Financial Institutions and SBI Group companies are advised to submit No Objection Certificate from their employer at the time of interview, failing which their candidature may not be considered and travelling expenses, if any, otherwise admissible, will not be paid


A: DETAILS OF POST/VACANCY/ AGE/ REMUNERATION/PLACE OF POSTING/NATURE OF ENGAGEMENT/SELECTION PROCESS:.


Name of Posts

Vacancies


Age (As on 31.12.2025)

Minimum- 52 yrs

Maximum-57 yrs


Suggested Place of posting#


Contract Period$

Nature of Engagement


Selection Procedure


B: IMPORTANT INFORMATIONS


provisional and may vary

must possess the qualification

c) Candidate belonging to reserved category including Person with Benchmark Disabilities (PwBD) for whom no reservation has been mentioned are free to apply for vacancies announced for UR category provided they fulfil all the eligibility criteria applicable to UR category.

Relaxation in upper age limit

e) Reservation for PwBD candidates is horizontal and is included in the vacancy of the respective parent category. Candidate belonging to reserved category including Person with Benchmark Disabilities (PwBD) for whom no reservation has been mentioned are free to apply for vacancies announced for Unreserved category provided they fulfil all the eligibility criteria applicable to General Category.

f) PwBD candidate should produce a certificate issued by a competent authority as per the GOI Guidelines Valid as on 31.12.2025.

g) Only those persons with benchmark disabilities would be eligible for reservation under PwBD category with not less than 40% of a specified disability where specified disability has not been defined in measurable terms and includes a person with disability where specified disability has been defined in a measurable term, as certified by the certifying authority.

The relevant experience certificate from the employer must contain specifically that the candidate has experience in that related field as required.

i) Bank reserves the right to cancel the recruitment process entirely at any stage without specifying any reasons thereof.

j) The candidates who are working in State Bank Group/ Companies will have to produce No objection certificate (NOC) from their employer while applying for the post.

k) Candidates serving in Govt./ Quasi Govt. offices, Public Sector undertakings including Nationalized Banks and Financial Institutions and SBI Group companies are advised to submit No Objection Certificate from their employer at the time of interview, failing which their candidature may not be considered and travelling expenses, if any, otherwise admissible, will not be paid.

l)

MERIT LIST:

CIBIL:

$$ How to ascertain experience (Both mandatory & preferred) / Verification of Work Experience:

The period of work experience will be reckoned based on the details furnished in the Biodata/Resume at the time of shortlisting and interview. Verification of the documents evidencing experience shall be carried out at the time of Interview / joining through one or more ways of the following means:

i) Experience certificate issued by the employer; and/ or

ii) Annual performance appraisal letters; and / or

iii) Combination of appointment and relieving letters; and/ or

iv) Combination of offer letter and IT returns; or

v) Any other authentic documentary evidence substantiating the period of experience, subject to satisfactory background and reference checks.

vi) Teaching and training experience will not be counted for eligibility.


C. DETAILS OF THE REQUIREMENTS OF EDUCATIONAL QUALIFICATIONS/POST-QUALIFICATION EXPERIENCES/SPECIFIC SKILLS /JOB PROFILE/KEY RESPONSIBILITY AREA ETC:

Educational Qualification

(As on 31.12.2025)

Mandatory:

Preferred Certification:

  • FRM Certification and / or CFA is preferred.

Post-Qualification Experience

(As on 31.12.2025)

Essential Experience

Experience Certificate/Any other Document evidencing the relevant/essential experience needs to be submitted by the applicant. Document(s) submitted by the candidate will be considered on merit at the sole discretion of the Bank and Banks decision shall be final.

Job Profile

(Detail description of Role, Responsibilities and Functions)

(a ) Financial Reporting (both Solo and Group): SEBI and RBI compliance related to Financial Reporting

  • To oversee Statutory Audit in the Bank and ensure timely completion of the same.
  • Reporting Audit results as per SEBI requirement
  • Coordinating with National Financial Reporting Authority (NFRA) and RBI for auditor related issues.
  • To support head of finance in discharging various requirements as per SEBI guidelines from Financial Reporting perspective.
  • To keep Top Management updated about profitability, NPA and other related projections
  • To deal with matters relating to finalization of provisions, reserves and dividend.
  • To deal with matters relating to Whole Bank Long Form Audit Report (WBLFAR) and related matters thereto.

(b)

  • Optimization of Tax liability of the Bank
  • GST and TDS compliance

(c)

  • Developing and maintaining accounting systems as per the Accounting Standards and RBI Guidelines.
  • Development and maintenance of Internal Control over Financial Reporting (ICOFR)
  • Implementation of IFRS / Ind AS in Bank

(d)

  • Maintaining close coordination with Financial Control Department for review of performance of the Circles and of the Whole Bank and other related functions.

(e)

  • To support International Banking group in compliance with the accounting and tax requirements as per local regulators.

(f)

  • Development and maintain a business continuity plan for situation which could bring finance functions to standstill such as Covid 19 pandemic.

(g)

KRAs

  • Quality and timeliness of regulatory reporting
  • Timely completion of statutory annual audit, quarterly review and publication of audited balance sheet of the bank.
  • Response and action on various notifications if by Direct and Indirect Tax Departments.
  • Ability to get changes in system as per changes in Finance and Tax Laws.
  • Quality and extent of implementation of Annual Action Plan of the department.

F. LEAVE:

G. NOTICE PERIOD:

H. CALL LETTER FOR INTERVIEW

D) SELECTION PROCESS:

  • Shortlisting: Mere fulfilling minimum qualification and experience will not vest any right in candidate for being called for interview

    . The shortlisting committee constituted by the Bank will decide the shortlisting parameters and thereafter, adequate number of candidates, as decided by the Bank, will be shortlisted for interview. The decision of the Bank to call the candidates for the interview shall be final.

    No correspondence will be entertained in this regard.

    The shortlisted candidates will be called for interview.
  • Interview:

    Interview will carry 100 marks. The qualifying marks in interview will be decided by the Bank. No correspondence will be entertained in this regard.
  • CTC Negotiation

    : CTC negotiation will be done with the candidates in the order of Merit one by one (i.e., In case the selected candidate does not agree with the negotiated price, the name of the candidate shall be considered as Voluntary Exit from the recruitment exercise and next candidate in the merit list shall be called for negotiation). CTC Negotiation will be done at the time of Interview or after completion of interview process, separately.
  • Merit list:

    Merit list for selection will be prepared in descending order on the basis of scores obtained in interview only. In case more than one candidate scores the cut-off marks (common marks at cut-off point), such candidates will be ranked according to their age in descending order, in the merit list.
  • Final Selection:

    Top-most candidates in the Merit List, with whom CTC is negotiated successfully, will be finally selected.

E.GRADE & RENUMERATION / CTC RANGE:

Sr Name of the Post Nature of Engagement CTC range (Including Fixed & Variable)

1 Chief Financial Officer (CFO) Contractual

CTC WILL NOT BE A LIMITING FACTOR FOR A SUITABLE CANDIDATE

Fixed Pay and Variable Pay in 90:10 ratio

Variable Pay:

Score in the performance Appraisal

Percentage of Variable Compensation based on achievement of scores

99 to 100% 100%

97 to 98.99 % 90%

94 to 96.99% 80%

90 to 93.99% 70%

Below 90% NIL

F. LEAVE:

G. NOTICE PERIOD:

H. CALL LETTER FOR INTERVIEW

I. HOW TO APPLY:

GUIDELINES FOR FILLING ONLINE APPLICATION

https://sbi.bank.in/web/careers/current-openings

ii. Candidates should first scan their latest photograph and signature. Online application will not be registered unless candidate uploads his/ her photo and signature as specified on the online registration page (under How to Upload Document).

Candidate should note down the registration number and password.

After registering online, the candidates are advised to take a printout of the system generated online application forms

GUIDELINES FOR PAYMENT OF FEES

i. Application fees and Intimation Charges (Non-refundable) is 750/- ( Seven Hundred Fifty only) for UR/EWS/OBC candidates and no fees/intimation charges for SC/ ST/ PwBD candidates.

ii. After ensuring correctness of the particulars in the application form, candidates are required to pay the fees through payment gateway integrated with the application. No change/ edit in the application will be allowed thereafter.

iii. Fee payment will have to be made online through payment gateway available thereat. The payment can be made by using Debit Card/ Credit Card/ Internet Banking etc. by providing information as asked on the screen. Transaction charges for online payment, if any, will be borne by the candidates.

iv. On successful completion of the transaction, e-receipt and application form, bearing the date of submission by the candidate, will be generated which should be printed and retained by the candidate.

v. If the online payment of fee is not successfully completed in first instance, please make fresh attempts to make online payment.

vi. A provision is there to reprint the e-Receipt and Application form containing fee details, at later stage.

Application Fee once paid will NOT be refunded on any account NOR can it be adjusted for any other examination or selection in future.

For any query, please write to us through link CONTACT US/ Post Your Query which is available on Bank’s website (https://sbi.bank.in/web/careers)

The Bank is not liable for printing errors, if any.

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State Bank of India (SBI) logo
State Bank of India (SBI)

Banking and Financial Services

Mumbai

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