HPCL Chartered Accountant Highlights 2024
Hindustan Petroleum Corporation Limited (HPCL) was founded on July 15, 1974, and has since evolved into a formidable force in the Indian energy sector. As a prestigious Maharatna Central Public Sector Enterprise (CPSE), HPCL boasts a rich history of contributing to India's energy security. With a well-established presence, the company has garnered a substantial market share in the country's petroleum industry. HPCL's strengths lie in its comprehensive expertise in both refining and marketing petroleum products, ensuring a reliable supply of fuels and lubricants to meet the diverse energy needs of India's burgeoning population. Committed to innovation and sustainability, HPCL continues to play a pivotal role in shaping the nation's energy landscape.
HPCL has recently released its recruitment notification for the year 2024 to recruit young and eligible candidates for various posts in the organisation. For this purpose, HPCL is actively seeking out individuals who are talented and driven, eager to explore exciting career prospects within the energy sector. HPCL invites those who are passionate about playing a significant role in shaping India's energy future and wish to be a part of its journey of growth and development.
Let’s look at the HPCL recruitment 2024 highlights before proceeding ahead.
HPCL CA Highlights 2024
| Conducting Authority | HPCL |
|---|---|
| Official Website | https://hindustanpetroleum.com |
| Name of the Posts | Chartered Accountant |
| Mode of application | Online |
| Stages of Exam | Three Stages-
|
| Maximum marks & Time duration |
|
| Online Registration of Applications and Payment of Fees / Intimation Charges | June 05, 2024 to June 30, 2024 |
| Download of Written Examination Call Letters | To be notified later |
| Online Examination | To be notified later |
| Number of Vacancies (CA) | 29 |
| [Click Here for HPCL CA Official Notification 2024 PDF] | |
HPCL Chartered Accountant Notification 2024
The HPCL has released a notification regarding job openings in various specialised fields, including positions for Chartered Accountants. Eligible candidates are encouraged to apply for the HPCL 2024 exam during the application window, which is open from June 5, 2024 to June 30, 2024
To ensure a successful application for the HPCL CA 2024 exam, prospective candidates should meticulously review the eligibility criteria provided in the official HPCL CA recruitment notification 2024, verifying that they meet all the stipulated requirements. Before submitting their applications, it is crucial to double-check factors such as HPCL's age conditions, educational qualifications, and nationality to ensure full compliance with the specified guidelines.
Furthermore, HPCL will issue the HPCL CA admit card a few days before the examination date. The HPCL call letter will contain vital information such as the exam venue, reporting time, roll number, and instructions for the examination day. Candidates must present a valid identity proof along with the admit card. Importantly, physical copies of the admit cards will not be sent via post.
HPCL CA Vacancy 2024
The HPCL notification has disclosed 29 vacancies for the Chartered Accountant position. Furthermore, these positions have been categorized into both the general and reserved categories, with the aim of ensuring fair representation and opportunities for candidates from various backgrounds. For a detailed breakdown of the distribution of HPCL CA vacancies 2024, please consult the table presented below.
| Post Name | Vacancy |
|---|---|
| Chartered Accountants | 29 |
How to Apply Online for the HPCL Chartered Accountant Exam 2024
Before you proceed to submit your application for the HPCL CA exam 2024, it is of utmost importance to meticulously scrutinize the HPCL CA eligibility criteria set forth for this position. Ensuring strict adherence to all these criteria is crucial to avoid the possible rejection of your application. Exercise great diligence while completing the application form. Here, we present a comprehensive, step-by-step guide to aid you in navigating the application process seamlessly.
- Visit the official website of HPCL at www.hindustanpetroleum.com.
- Then, go to the ‘Careers’ section and select the ‘Job Openings’ option.
- Press the “Click here to Apply” option.
- You will receive a registration number on your registered email and phone number.
- Enter your name, email address and other information in the application form.
- After this is done, you will be required to upload your photograph and signature.
- Preview your form before final submission to make sure that all the information entered is correct.
- Click on the “Submit” button and proceed to pay the application fee.
HPCL CA Application Fee
After the successful submission of your HPCL CA application form, the subsequent critical step is to make the HPCL CA application fee payment. Timely payment of the fee is imperative to confirm the validity of your application and ensure your inclusion in the HPCL CA recruitment process.
It's worth noting that the HPCL CA application fee can only be paid through online mode and is non-refundable. For a detailed breakdown of the application fee according to different categories, please consult the table provided below.
| Category | Application Fee |
|---|---|
| UR, OBCNC and EWS | Non-Refundable Amount of ₹1180/- + payment gateway charges if any (Application fee of ₹1000/- + GST@18% i.e. ₹180/- + payment gateway charges if applicable) |
| SC, ST & PwBD | Candidates are exempted from payment of application fee |
HPCL Chartered Accountant Exam Pattern 2024
The HPCL CA selection procedure will involve a range of screening and assessment methods, including the Computer-Based Test, Group Task, and Personal Interview, tailored to meet the specific demands of the position. Hence, it is essential to familiarise yourself with the HPCL CA exam pattern before embarking on your exam preparation journey. This will offer a comprehensive understanding of the exam's sections, scoring system, and language requirements.
HPCL CA Computer-Based Test Exam Pattern
The HPCL CA Computer-Based Test (when applicable) will be divided into two sections:
- General Aptitude encompassing English Language, Quantitative Aptitude, and Intellectual Potential Test (Logical Reasoning and Data Interpretation).
- Technical/Professional Knowledge, featuring questions related to the Qualifying degree or Educational background necessary for the applied position.
- Take a look at the table below for the detailed HPCL CA CBT exam pattern.
| Sections | Subjects |
|---|---|
| General Aptitude | English Language, Quantitative Aptitude Test & Intellectual Potential test (Logical Reasoning and Data Interpretation). |
| Technical / Professional Knowledge | Comprising of questions related to Qualifying degree / Educational background required for the applied position. |
Please note-
Those candidates who successfully qualify in the Computer-Based Test (when applicable) in accordance with a predefined ranking and ratio will receive instructions to submit the required supporting documents for specific positions.
Following a thorough examination of the applications, uploaded documents, and the preparation of merit lists based on categories and disciplines in the Computer-Based Test, eligible candidates will be invited to participate in the Group Task and/or Personal Interview.
To progress in the selection process, candidates are required to achieve the minimum qualifying marks in each of the relevant stages, including the Computer-Based Test, Group Task, and Personal Interview.
Final Selection
A merit list will be created, taking into account the category and discipline of all candidates who successfully navigate through all the relevant stages, including the Computer-Based Test, Group Task, Personal and (or) Technical Interviews, and consideration of work experience where applicable. The final job offers will align with the available vacancies categorized by discipline and category.
HPCL Chartered Accountant Syllabus 2024
The next crucial step involves getting acquainted with the HPCL CA syllabus. Becoming familiar with the HPCL CA syllabus will offer a comprehensive insight into the topics and content covered in the exam. A thorough understanding of each section within the syllabus will provide a competitive advantage in the examination. Proficiency in the HPCL CA syllabus will enable you to plan your study strategy effectively, concentrating on areas that require more attention, thus enhancing your prospects of success in the HPCL CA exam.
| Section | Topics |
|---|---|
| Accounts | Basic Accounting concept including preparation of books of accounts and Accounting Standards |
| Financial Management | Analysis of Financial statement, Budgeting & Budgetary control, Working Capital management, Capital Budgeting & Ratio Analysis |
| Taxation | Income Tax including filing of return, TDS, Advance Tax etc, Goods & Services Tax |
| Auditing | Auditing Concepts and Methods, Internal & External Audit of Companies |
| Commercial Laws | Contract Act, Companies Act, Sales of Goods Act, Negotiable Instrument Act, Consumer Protection Act, RTI Act |
HPCL CA Exam Dates 2024
To ensure effective preparation for the HPCL CA exam 2024, it's vital to stay well-informed about all the significant dates. The official HPCL CA notification 2024 provides a comprehensive HPCL CA examination schedule, encompassing critical dates such as the application commencement and closure dates, as well as the HPCL CA exam date 2024.
Keeping track of the HPCL CA exam dates is essential for staying organised, avoiding the risk of missing important deadlines, and structuring your preparation effectively. Adhering to the specified timelines in the exam calendar is pivotal to ensure a seamless application process and prevent any last-minute complications. Please refer to the table below for the HPCL CA exam dates.
| Events | Exam Dates |
|---|---|
| Commencement of online application | June 05, 2024 |
| Last date of online application | June 30, 2024 |
| HPCL Exam Admit Card | To be notified later |
| HPCL Exam Date | To be notified later |
| HPCL Exam Result | To be notified later |
HPCL Chartered Accountant Salary 2024
The HPCL CA position presents an exceptional opportunity for individuals aspiring to build their careers in the public sector. Successful candidates in the Chartered Accountant role will be entitled to a salary falling within the Pay Scale of Rs. 50000- 160000/- At present, the Cost to Company (CTC) for the Chartered Accountant position at HPCL stands at approximately 16.98 lakhs.
Moreover, this CTC calculation is based on the minimum base level of the pay grade and encompasses various components, including Base Pay, Retirement Benefits, Dearness Allowance, House Rent Allowance, and Cafeteria Allowance. It also factors in Performance Related Pay (calculated at its maximum), which is contingent on multiple variables and disbursed in accordance with the Corporation's policy. It's important to note that retirement benefits become applicable upon separation or retirement as per the prevailing Corporation policy. Additionally, the mentioned CTC is applicable to candidates stationed in metropolitan cities and may differ for other locations.
| Post Name | Salary |
|---|---|
| Chartered Accountants | Pay Scale of Rs. 50000 - 160000 |
Probation & Retention
The selected officers will undergo a one-year probation period starting from their date of joining. Following the successful completion of this probationary period, the officer's confirmation will be subject to the company's policy.
For individuals falling under the Pay Scale of 50,000-1,60,000, there will be a retention amount of Rs. 5,000 per month deducted from their total emoluments during the first six months of the probation period. This amount will only be refunded to the officers after their confirmation. If an employee departs from the Corporation or experiences a termination of service before confirmation, the retention amount will be forfeited.
Posting/Placement
Posting/Assignments may be in any Strategic Business Units (SBU), Divisions, or Departments within the Corporation located anywhere in the country. Subsequently, the services may be subject to transfers as necessitated by the Corporation's needs. These roles may entail working in shifts, and successful candidates may also be allocated to positions within subsidiary companies, joint ventures, or various government departments across India.
HPCL CA Eligibility Criteria 2024
Prospective candidates must prioritise acquiring a comprehensive understanding of the HPCL CA eligibility criteria before initiating their exam application. Familiarity with these criteria is of utmost importance to ensure a smooth application process and to avoid the risk of disqualification or application rejection.
The HPCL CA eligibility criteria encompass various aspects, such as educational qualifications, the HPCL CA age limit, and provisions for age relaxation. It is crucial that candidates thoroughly review the official notification to confirm their eligibility for the HPCL CA exam.
Educational Qualifications
To be eligible for the HPCL Chartered Accountant post, candidates must meet the educational criteria outlined in the HPCL CA notification 2024. Please refer to the table below for detailed information regarding the HPCL CA eligibility criteria.
| Post Name | Eligibility Criteria |
|---|---|
| Chartered Accountants | Qualified Chartered Accountant (CA) from Institute of Chartered Accountants of India (ICAI) along with completion of mandatory Articleship and Membership of ICAI |
Age Criteria (As on June 1, 2024)
In terms of age criteria, candidates applying for this position must not surpass the age of 27 years. It is imperative for applicants to confirm that they fall within the specified age bracket to meet the eligibility requirements for the HPCL CA exam 2024. You can find comprehensive details regarding the HPCL CA age limit criteria in the table provided below.
| Post Name | Age Criteria |
|---|---|
| Chartered Accountants | 27 years for General |
Age Relaxation
The HPCL CA notification 2024 also includes provisions for age relaxation in the upper age limit for candidates who belong to reserved categories.
HPCL Chartered Accountant Online Course
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