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Opportunity For CAs as Managing Director in Insolvency Professional, ICAI , Noida (24 L - 30L)

Location: Noida

Required Skills: CA , Managing Director
Required Exp: 11 to 15 years
Address: ICAI Bhawan, 8th Floor, Hostel Block, A-29, Sector-62, NOIDA, UP – 201309
Category: Director/CFO Jobs

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Position Managing Director Qualifications, Age & Experience • Minimum Graduate with Legal, Management and Professional qualifications. Preference will be given to Chartered Accountants. • Not above 55 years of age. May be relaxed up to 60 years in exceptional cases. • Experience: At least 10 years’ experience in senior management positions, preferably as CXO in the Financial Services sector, with suitable exposure to regulatory, monitoring and disciplinary functions. Job Profile • The Managing Director is a Member of the Governing Board. • S/he shall report to the Governing Board of IIIPI and is expected to develop and institutionalise IIIPI into a vibrant and premier Insolvency Professional Agency. He is expected to lead IIIPI in the development of Insolvency profession and forge a strong relationship with Insolvency and Bankruptcy Board of India (IBBI), Ministry of Corporate Affairs and other stakeholders in IP profession. • He will be required: i. To act in accordance with the Articles of Association and Memorandum of Association of the Company for furtherance of the objectives of IIIPI ii. To ensure, and be responsible for, the effective functioning of various committees and departments of IIIPI. iii. To ensure compliance with the Companies Act, 2013, Income Tax Act 1961, other relevant statutes and regulations iv. To ensure compliance with the Insolvency & Bankruptcy Code and other applicable Rules & Regulations of IBBI Annexure-A v. To develop the short term and long-term goals of the Company and prepare an annual plan for achieving these vi. To promote professional development of Insolvency Professionals by organizing capacity building programs, publish professional publications and educational material, etc. vii. To bring awareness, provide continuous training, skill development for Insolvency Professionals viii. To promote Research and Development in the areas relevant to development of domestic and international insolvency processes ix. To handle any other role as required by the Governing Board or determined by IBBI. x. The Managing Director shall be an ex-officio member of Membership Committee, Monitoring Committee, Grievance Redressal Committee and Disciplinary Committee. Others: Tenure of Service: The appointment of an individual as the Managing Director shall be for a term of five years. An individual may serve as Managing Director for one more term of up to 5 years subject to applicable norms. Appointment and removal: The appointment, renewal of appointment and termination of service of the Managing Director by the Governing Board shall be subject to prior approval of IBBI. Compensation: The successful incumbent will be entitled to a CTC of Rs. 24-30 lakhs per annum. A higher start may be considered in the case of an exceptionally qualified candidate.

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Date Posted:19-Sep-2019
Posted By: Admin
Views 3155

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Opportunity For CAs as Managing Director in Insolvency Professional, ICAI , Noida (24 L - 30L)