Indian Overseas Bank (IOB) - Recruitment of Chief Financial Officer
Advt. No.: HRDD/RECT/01/2026-27
Notification Date: 21 July 2026
A Govt. of India Undertaking | Public Sector Bank
Vacancy Details
| S.No. |
Post Name |
Vacancies |
Pay Scale |
| 1 |
General Manager – Chief Financial Officer (CFO) |
1 (UR) |
Rs. 156500 - 4340/4 - 173860 (Scale VII)
CTC: ~Rs. 44 Lakhs per annum |
Important Dates
| Event |
Date |
| Online Registration Opens |
22 July 2026 |
| Online Registration Closes |
05 August 2026 |
| Application Fee Payment Last Date |
05 August 2026 |
Eligibility Criteria (as on 01.07.2026)
| Criteria |
Details |
| Maximum Age |
55 years (inclusive of applicable age relaxation) |
| Qualification |
A qualified Chartered Accountant
Preferred: FRM Certification and/or CFA |
| Experience |
Minimum 15 years in overseeing financial operations, preferably accounting and taxation matters, in Banks/large corporates/PSUs/FIs/financial services organizations.
Of which 10 years should be in Banks/FIs
Of which 5 years should be at Senior Management level
|
Application Fee
| Category |
Fee |
| SC / ST / PwBD (Intimation charges only) |
Rs. 175/- (inclusive of GST) |
| General / EWS / OBC |
Rs. 1,000/- (inclusive of GST) |
Fee is non-refundable. Payment only online via Debit Card/Credit Card/Internet Banking.
Roles & Responsibilities
- Financial Reporting (Solo and Group): Overseeing Statutory Auditing, SEBI/RBI compliance, monitoring Non-Interest Income, ROA, ROE, coordinating with NFRA, finalization of provisions, reserves and dividend, WBLFAR
- Tax Compliance: Optimization of Tax Liability, GST and TDS Compliance
- Accounting Systems: Developing/maintaining accounting systems as per Accounting Standards & RBI Guidelines, IFCOFR, IFRS/IND AS implementation
- Management Reporting: Close coordination with Financial Control Department for performance review
- International Banking: Support International Banking Group in compliance with accounting & tax requirements
- Other: Capital planning, balance sheet optimization, capital management, stakeholder relationships (Regulators, Government, Rating Agencies, Investors)
Selection Process
- Selection through Personal Interview / Discussion
- Preliminary screening of applications by the Bank
- Personal Interview: 100 marks
- Minimum qualifying marks: 50 marks (General) / 45 marks (OBC/SC/ST/PwBD)
- In case of tie at cut-off, candidates ranked by age in descending order
Place of Posting
Central Office, Chennai
Probation & Bond
- Probation period: 1 year
- Bond amount: Rs. 3 Lakhs to serve the Bank for 3 years
- CTC: Approximately Rs. 44 Lakhs per annum (Scale VII)
How to Apply
- Visit the Bank's website: www.iob.bank.in
- Go to "Careers" page
- Click on "RECRUITMENT OF CHIEF FINANCIAL OFFICER"
- Click "Register Online" and complete registration
- Upload photograph (200x230 px, max 50KB) and signature (140x60 px, max 20KB)
- Fill in all required details and click "COMPLETE REGISTRATION"
- Pay application fee online
- Take a printout of the submitted application
Documents Required at Interview
- Printout of Personal Interview Call Letter
- Online application form printout
- Proof of Date of Birth (Birth Certificate / SSLC)
- CA Degree Certificate + FRM/CFA (if applicable)
- Photo Identity Proof (Passport/Aadhaar/PAN/Driving Licence/Voter's Card)
- Mark sheets & certificates for educational qualifications
- Work Experience Certificates, Appointment letters, Relieving letters, Pay slips
- Caste Certificate (SC/ST/OBC/EWS) if applicable
- NOC from employer (if applicable)
Contact
- Official Website: www.iob.bank.in
- Address: Central Office, 763, Anna Salai, Chennai – 600002
Note: Please verify all details from the official notification before applying. Only online applications accepted. Any dispute subject to Chennai courts jurisdiction.