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The Ministry of Corporate Affairs, Government of India, invites applications for one post of Full-Time Member in the National Financial Reporting Authority (NFRA) in New Delhi. The appointment carries a consolidated monthly salary of Rs.
5,00,000, with no house or car facility, or the pay and allowances of an Additional Secretary to the Government of India. Candidates must be Indian nationals with at least 20 years of expertise in accountancy, auditing, finance, or law.
COMPANY NAME Ministry of Corporate Affairs, Government of India
Applications are invited for 1 post of Full-Time Member in the National Financial Reporting Authority (NFRA) under the Ministry of Corporate Affairs, Government of India, offering a consolidated monthly salary of Rs. 5,00,000 without house and car or the pay and allowances admissible to an Additional Secretary to the Government of India. Candidates must be Indian nationals with not less than 20 years of expertise and experience in the field of accountancy, auditing, finance, or law, appointed for a tenure of 3 years or until attaining 65 years of age.
Particulars
Details
Organisation Ministry of Corporate Affairs, Government of India
Department or Unit National Financial Reporting Authority (NFRA)
Post Full-Time Member
Vacancies 1
Pay Rs. 5,00,000 a month (consolidated) or pay and allowances admissible to an Additional Secretary to the Government of India
Contract Term 3 years or till attaining 65 years of age, whichever is earlier
Experience Required Not less than 20 years in accountancy, auditing, finance, or law
Job Location New Delhi
Last Date 16 November 2026
Selection Recommendation by Search-cum-Selection Committee
The official notification does not specify the application fee.
The Full-Time Member has the option to receive remuneration under one of two options:
Provided that where a full time member exercises the option to receive pay as admissible to an Additional Secretary to the Government of India and is in receipt of monthly pension from either the Central Government or a State Government, the pay of such Member, as the case may be, shall be reduced by the gross amount of pension drawn by him.
Declaration of Conflict of Interest: The Member, before being appointed, shall submit a declaration to the Central Government confirming that they have no conflict of interest or lack of independence in respect of such appointment as the Member in Form I annexed to the relevant rules, failing which their appointment shall not be considered.
Tenure and Extension: The term of office of the full time Member shall be three years from the date on which he enters upon his office or till he attains the age of sixty-five years, whichever is earlier, and he shall be eligible for re-appointment for one more term.
Post-Tenure Restriction: The Full-Time Member shall not be associated with any audit firm including related consultancy firms during their appointment and two years after ceasing to hold such appointment.
Resignation/Retirement Requirement: It is certified that the information furnished above is correct and that in the event of my selection, I shall resign/seek retirement, if already in any employment including government service, before my appointment as Full Time Member, National Financial Reporting Authority.
Head Office: The head office of the NFRA shall be at New Delhi and the NFRA may, meet at such other placed in India as it deems fit.
It may be noted that the Search-cum-Selection Committee is free to identify and recommend any other person also, based on merit, who has not applied for the post.
Official Notification PDF Vacancy Circular NFRA-05/4/2024-NFRA-MCA
There is 1 vacancy for the post of Full-Time Member in the National Financial Reporting Authority (NFRA).
A full-time Member shall be a person of ability, integrity and standing and having expertise and experience of not less than twenty years in the field of accountancy, auditing, finance or law.
The tenure continues until the member attains the age of sixty-five years, whichever is earlier.
The full time member shall have the option to draw either a consolidated monthly salary of five lakhs rupees without house and car or the pay and allowances as are admissible to an Additional Secretary to the Government of India.
The term of office of the full time Member shall be three years from the date on which he enters upon his office or till he attains the age of sixty-five years, whichever is earlier, and he shall be eligible for re-appointment for one more term.
The Full-Time Member shall not be associated with any audit firm including related consultancy firms during their appointment and two years after ceasing to hold such appointment.
Serving government servants must submit certificates as in Appendix - \"A\", issued by cadre controlling/competent authority through proper channel, including vigilance clearance, integrity certification, authenticated copies of ACR/APAR dossier for the last five years, and list of major/minor penalties for the last ten years/No penalty certificate.