Jan 5, 2025
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J&K Bank More Fresh Recruitment, Apply Now

Name of the Posts : Stock Auditors

Important Dates :

Applications can be submitted online by or before 15th January, 2025

Post submission of online application requisite Hard Copies : 31st January, 2025

Eligibility criteria for empanelment of Stock Auditors

i) The Auditor should be a qualified Chartered/Cost Accountant/CMA or a firm of Chartered/Cost Accountants, registered with Institute of Chartered Accountants of India/Institute of Cost Accountants of India.

ii) The Auditor should possess practicing experience of at least 3 years.

iii) Minimum age of the individual stock auditor should be 25 years at the time of application. In case of firms, proprietor / any of the partners should not be of age below 25 years. However, at the time of empanelment the age of individual applicant / proprietor shall not exceed 65 years. For partnership firms at least one partner should be below 65 years of age at the time of empanelment.

iv) Eligible Auditors / Audit Firms should be qualified under provisions of section 141 of Companies Act, 2013 for appointment as Auditors of the Bank.

v) The applicant should be a citizen of India.

vi) The applicant individuals / firms as well as all partners must be income tax assesses.

Desirable Attributes :

Preference will be given to auditors

a. Empanelment with PSBs/FIs/DRT/High Court/Supreme Court as stock auditor shall be treated as a preferred qualification, but not mandatory for being empanelled.

b. The firms having partners/personnel with engineering background and/or partners/personal experienced with SAP environment and/or partners/personal with CISA/DISA to assist stock audit will be given preference.

c. Audit firms from UTs of J&K and Ladakh as main area of operation may be given preference for their respective UTs/areas.

The Jammu & Kashmir Bank Ltd. invites on-line applications for empanelment as Stock Auditors for 3 Financial Years i.e. from FY 2025-26 to FY 2027-28 from intended Chartered / Cost Accountant firms who are interested to conduct the Stock/book debt and
receivables audit of Borrower Accounts maintained with various Branches of the Bank across different states / UT’s of the country.

The application format along with the eligibility criteria for empanelment are available on Bank’s Website www.jkbank.com under “Careers” section. Applications can be submitted online by or before 15th January, 2025.

Post submission of online application requisite Hard Copy(ies) of the form/documents along with the necessary enclosures should reach In-charge, Supervision & Controls Department, The Jammu & Kashmir Bank, Corporate Headquarters, M. A. Road, Srinagar,
Kashmir by or before 31st January, 2025.

All auditors/firms selected as Stock Auditors in 2022-23, 2023-24 & 2024-25 need not apply again this year.

Bank reserves the right not to empanel any firm etc. without assigning any reasons thereof.

Important Links : 

Notification for empanelment of Stock Auditor : Click here

Eligibility for empanelment of Stock Auditor : Click here

Application Form for empanelment of Stock Auditor : Click here

Letter of undertaking for empanelment of Stock Auditor : Click here

Click here to Apply  : Click here

 

 

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