The National Financial Reporting Authority (NFRA), a statutory body under the Ministry of Corporate Affairs, has announced recruitment for 1 Full-Time Member position based in New Delhi. This is a senior leadership role offering a consolidated monthly remuneration of ₹5,00,000 or pay and allowances equivalent to an Additional Secretary to the Government of India, whichever is more beneficial, with a fixed contract term of 3 years or until age 65, whichever comes first.
Overview
NFRA is India's apex regulator overseeing the audit profession and maintaining financial reporting standards. The Full-Time Member position is a key executive role requiring individuals with deep expertise and extensive professional background. This recruitment seeks experienced professionals to strengthen NFRA's governance and contribute to India's financial reporting ecosystem. The role involves supporting regulatory functions, policy formulation, and oversight activities that impact India's corporate governance and auditing standards.
Candidates should understand that this is not an entry-level position. The organisation seeks seasoned professionals with proven track records in their respective fields. The role demands strategic thinking, regulatory knowledge, and the ability to contribute to high-level decision-making within a statutory authority.
Important Dates
| Event | Date |
|---|---|
| Application Closing Date | 16 November 2026 |
| Contract Duration | 3 years or until attaining 65 years of age, whichever is earlier |
| Selection Method | Search-cum-Selection Committee evaluation |
Vacancy Details
| Post Name | Number of Vacancies | Eligibility Criteria |
|---|---|---|
| Full-Time Member | 1 | Minimum 20 years of professional experience in accountancy, auditing, finance, or law |
Eligibility
To qualify for the Full-Time Member position, candidates must meet the following criteria:
- Professional Experience: Not less than 20 years of professional experience in one or more of these fields: accountancy, auditing, finance, or law.
- Expertise: Demonstrated expertise and significant accomplishment in their respective professional domain.
- Regulatory Knowledge: Understanding of financial reporting, audit standards, and corporate governance is highly valuable.
The selection process is rigorous and merit-based. A Search-cum-Selection Committee will evaluate all applications and recommend candidates based on their qualifications, experience, performance record, and overall suitability for the role. Candidates should ensure their application clearly highlights their professional achievements, relevant experience, and contribution to their field.
Salary and Terms
The Full-Time Member will receive a consolidated monthly salary of ₹5,00,000 or pay and allowances admissible to an Additional Secretary to the Government of India, whichever is higher. The contract is fixed-term, lasting 3 years from the date of joining or until the candidate attains 65 years of age, whichever occurs first. This ensures clarity on tenure and allows for planning by both the organisation and the selected individual.
How to Apply
- Visit the Ministry of Corporate Affairs official website and locate the application format (Annexure-I) for this recruitment.
- Download the prescribed application form and carefully read all instructions provided in the official notification PDF.
- Fill in all sections of the application form accurately with your personal details, educational qualifications, and complete professional experience. Highlight relevant positions and achievements.
- Prepare the following documents: degree certificates and diplomas, detailed experience certificates from all employers, identity proof, age proof, and any other documents mentioned in the notification.
- Arrange your application package neatly: application form (Annexure-I), all supporting documents, and a cover letter if required. Ensure the envelope is clearly marked with the subject line from the notification.
- Send your application by registered post or speed post to the address specified in the official notification. Applications sent by ordinary post may not reach on time and will not be accepted if received after the deadline.
- Keep photocopies of your application and postal receipt for your records for future reference.
Important Links
- Official Notification PDF – Vacancy Circular NFRA-05/4/2024-NFRA-MCA
- Application Form Download (Annexure-I) – Ministry of Corporate Affairs
- Ministry of Corporate Affairs Official Website
Frequently Asked Questions
Q: What is the salary and pay structure for the NFRA Full-Time Member position?
A: The selected candidate will receive a consolidated monthly salary of ₹5,00,000 or the pay and allowances admissible to an Additional Secretary to the Government of India, whichever is more beneficial to the individual.
Q: What is the minimum experience required to apply?
A: Applicants must have a minimum of 20 years of professional experience in one or more of the following fields: accountancy, auditing, finance, or law.
Q: What is the final date to submit applications?
A: Applications must be submitted by post and received by 16 November 2026. It is advisable to send your application via registered or speed post to ensure timely delivery.
Q: How long is the contract period for this position?
A: The contract is for 3 years from the date of joining or until the candidate attains 65 years of age, whichever comes first.
Q: Where is the Full-Time Member position located?
A: The position is based in New Delhi. Selected candidates will be required to work from this location.
Q: What is the selection process and who decides the final appointment?
A: A Search-cum-Selection Committee will evaluate all applications based on qualifications, professional experience, and suitability for the role, and will recommend suitable candidates for appointment.
Disclaimer: This information is compiled from official sources for general guidance. Candidates must verify all details, eligibility criteria, application format, and submission address on the official Ministry of Corporate Affairs website and the official notification PDF before submitting applications.