ONGC Petro additions Limited

Applications are invited for position of

Chief Finance Officer (CFO)

Level: VP

Upper Age Limit: 55 years*

Broad Job Profile: The incumbent shall lead the Finance function and report to MD, OPal. He shall be responsible for the financial management of the company, including evolving and formulating policies related to strategic financial planning, capital structure, financial advice, expenditure proposals, treasury management, accounting and audit, Interface with Board/ Stakeholders, performance management, sourcing and arranging funds, design and implement an efficient cash management system and credit control policy, timely preparation of all budgets, ensure compliance with all statutory financial and tax requirements, evaluate CAPEX proposals and schemes to ensure effective utilisation of resources and maximum return on investment, etc.

Qualification: Desired - The candidate must be CA/ ICWA qualified or First-class MBA (Finance)

Industry: Petroleum / Oil & Gases / Non-Conventional Energy

Functional Area: Accounting/Taxing/Auditing

Experience: Minimum of 27 years of experience* in leading role in a Large size organization preferably in Petrochemicals/ Hydrocarbon. Experience in Project Finance, Financial Management, Raising Equity, Financial Controls, Direct/ Indirect Taxation shall be desirable.

Location: Baroda (Vadodara) (Gujarat, India)

Salary: Annual CTC Range - Rs. 42.00 - 54.00 Lakhs.

How to apply: Aspirants may kindly apply in confidence by email giving full details of age, qualification, work experience; salary drawn and contact number. Last date of receiving application is 25th April, 2021. No other mode of application shall be accepted. 


  1. Based on qualification, relevant experience, past value addition and potential, the selected candidates will be offered suitable package on CTC basis. In addition to CTC, company offers attractive mediclaim coverage, dedicated vehicle, group insurance, etc.
  2. Mentioned Age Limit/ Relevant experience criteria shall be reckoned with closing date of application.
  3. Company reserves the right to change the place of posting across India.

*Due relaxation in Age and Experience will be given to exceptional internal candidates applying from ONGC or ONGC Group Companies.

ONGC Petro additions Limited
Regd. Office: 4th Floor, 35,
Nutan Bharat Co-Operative Housing Society Limited,
R.C. Dutt Road, Alkapuri, Vadodara - 390007, Gujarat

Job Ad publication date: 7 Apr 2021