About the Organization:

Andhra Pradesh State Financial Corporation (APSFC)
APSFC is a premier financial institution established to promote industrial growth in the state of Andhra Pradesh. The corporation provides financial assistance to small and medium enterprises (SMEs) and plays a crucial role in the economic development of the region. With its headquarters in Hyderabad and regional offices across the state, APSFC has been instrumental in supporting various industrial projects and fostering entrepreneurship.

Key Highlights:

• Mission: To provide financial support and advisory services to industries, particularly SMEs, for sustainable economic growth.
• Vision: To be a leading financial institution in the state, contributing to industrial development and employment generation.
• Core Values: Integrity, Innovation, and Customer-Centric Approach.

APSFC is committed to fostering a culture of excellence and professionalism, making it an ideal workplace for individuals looking to contribute to the industrial and financial growth of Andhra Pradesh.

About the Role:
APSFC is seeking dynamic and qualified professionals for the position of Assistant Manager on a contract basis. The roles are available in three disciplines: Finance, Technical, and Legal. The selected candidates will be responsible for various tasks related to project appraisal, financing, technical feasibility studies, and legal matters, depending on their discipline.

Key Responsibilities:

• Assistant Manager (Finance):
  • Conduct project appraisal and financing activities.
  • Perform accounting and TEV (Techno-Economic Viability) studies.
  • Utilize financial modeling and MS Office tools for analysis.
• Assistant Manager (Technical):
  • Evaluate technical feasibility of projects.
  • Conduct project appraisal and financing activities.
  • Proficiency in MS Office and financial modeling is required.
• Assistant Manager (Legal):
  • Handle legal matters related to banking and financial institutions.
  • Provide legal advice and support for corporate matters.
  • Working knowledge of Telugu is essential.

Eligibility Criteria:

• Educational Qualifications:
  • Finance: CA (Inter), CMA (Inter), MBA (Finance), or PGDM (Finance) with 60% marks.
  • Technical: B.Tech in Mechanical Engineering with 60% marks (Post-Graduation preferred).
  • Legal: LLB or 5-year integrated Law course with 50% marks.
• Experience:
  • Finance & Technical: Minimum 1 year of full-time experience in relevant fields.
  • Legal: Minimum 2 years of experience as an advocate or law officer.
• Age Limit: 21 to 30 years (Age relaxation for SC/ST, BC, and Physically Challenged candidates).

Remuneration:

• Consolidated Pay: ₹35,000 per month for a fixed term of 36 months.

Application Process:

• Application Fee:
  • SC/ST: ₹354
  • General/BC: ₹590
• How to Apply: Candidates must apply online through the APSFC website from 12th March 2025 to 11th April 2025.

Selection Process:

• Online Test: The test will consist of sections on Professional Knowledge, Reasoning, Quantitative Aptitude, English, and General & Financial Awareness.
• Interview: Shortlisted candidates will be called for an interview.

Important Notes:

• Only local candidates from Andhra Pradesh are eligible to apply.
• Candidates must have proficiency in English and Telugu.
• The Corporation reserves the right to modify the number of vacancies and terms of engagement.

How to Apply:
Interested candidates can apply online through the APSFC website: https://esfc.ap.gov.in from 12th March 2025 to 11th April 2025.

Contact Information:

• Phone: 8555865296
• Email: hrd@apsfc.com
• Website: https://esfc.ap.gov.in

Join APSFC and be a part of a prestigious organization that drives industrial growth and economic development in Andhra Pradesh!

Official Website: Click Here

Official Notification: Click Here

Note: Always cross check with the official websites for the accurate and detailed information.