Dredging Corporation of India (DCI) CFO Recruitment 2025: Apply Online for Chief Financial Officer Post

Dredging Corporation of India Limited (DCI), a premier organization in the field of dredging and maritime development, has released an official notification inviting applications for the post of Chief Financial Officer (CFO) on a regular basis. Headquartered in Visakhapatnam on the east coast of India, DCI plays a pivotal role in supporting maritime trade through dredging, beach nourishment, reclamation, and related services.

To meet its growing operational and strategic demands, DCI is looking to hire a highly experienced and visionary finance professional to lead its Finance & Accounts department.

Overview of the Post

• Position: Chief Financial Officer (CFO)
• Category: Unreserved (UR)
• Employment Type: Regular
• Pay Scale: ₹1,20,000 – ₹2,80,000 (IDA)
• Total CTC: Approximately ₹50 lakh per annum at the minimum of the scale
• Location: Visakhapatnam, Andhra Pradesh

Important Dates

• Start of Online Application: 11 June 2025, 10:00 AM
• Last Date to Apply Online: 01 July 2025, 6:00 PM

Application Fee

• General/OBC (NCL): ₹1,000 (non-refundable)
• SC/ST/PwBD/Previous Applicants (Adv. No. 03/2025): Exempted from fee

Age Limit (as on 01.07.2025)

• Minimum Age: 47 years
• Maximum Age: 55 years

Educational Qualification

• Must be a Chartered Accountant (CA) or Cost Accountant (CMA) from a recognized institution.
• Should have an excellent academic track record.

Experience Requirements

For Candidates from Government/PSUs:

• A minimum of 25 years of post-qualification experience is required, including at least 2 years in the ₹1,00,000 – ₹2,60,000 pay scale (IDA 2017) or its equivalent.
• Should have served at a senior level in finance, ideally as General Manager or above.

For Candidates from the Private Sector:

• Must be working in a listed company with an annual turnover of ₹800 crore or more.
• Minimum 25 years of experience post-qualification.
• Should have served for at least 4 years as the Head or Chief of Finance.
• The candidate must be drawing a minimum current annual CTC of ₹40 lakh.

Key Responsibilities of the CFO

• Oversee the complete financial management and internal controls of the organization.
• Prepare financial statements and implement sound financial governance.
• Handle corporate taxation, budgeting, international finance, cash flow, operational expense monitoring, and financial compliance.
• Advise the Managing Director & CEO on strategic financial planning and policy implementation.

Selection Process

The selection will be carried out based on the candidate’s qualifications, experience, and performance in:

1. PowerPoint Presentation (50 marks)
   • Candidates must present their professional vision and strategic plan for the growth of DCI.
2. Personal Interview (50 marks)
   • Will assess suitability for the CFO role based on technical expertise and leadership experience.

General Conditions

• Appointed candidates will be placed on a probation period of one year.
• Upon successful completion of probation, they will be regularized in the company.
• Applicants from Government/PSUs must either apply through proper channel or provide a No Objection Certificate (NOC) at the time of interview.
• Candidates chosen for the role are required to provide an official relieving letter upon joining. Failing this, the appointment will be cancelled.

How to Apply

1. Apply Online Only through the DCI official website.
2. The online application window is open from 11 June 2025 (10:00 AM) to 01 July 2025 (6:00 PM).
3. Applicants are required to upload scanned copies of the following documents.
   • Proof of Date of Birth
   • Educational and Professional Qualification Certificates
   • Caste/Disability/Ex-servicemen Certificate (if applicable)
   • Employment Certificate (Government/Private sector as applicable)
   • Audited balance sheets for the last 3 years (private sector candidates only)
   • Payment proof of application fee (if applicable)
4. After submission, download and keep the system-generated application form for future reference.

Apply Now