In the armed forces, accounting has an essential role to play as it aids in strategic planning, cost-cutting and effective disbursement and spending of public resources and nation’s defence capital. For this purpose, Indian Military —Indian Army, Indian Navy and Indian Air Force has always kept open doors to recruit eligible accounting personnel and executives.
Although their selection procedures are rigorous and systematic, if you are one of the budding accountants, it is simply worthwhile to explore accounting careers in the Indian army rather than limiting your choices to just MNCs and private financial and accounting corporations.
Listed below are some of the popular job opportunities for accounting roles, the eligibility criteria, job duties, military accountant’s salary structure and essential details to join the financial and accounting side of the Indian Military:
Accountant Jobs in Indian Army: To land an accountant’s job in the Indian army, the applicant should be between 18 to 25 years and have completed his intermediate or 12 standard or hold Senior Cambridge Higher Secondary School Certificate. The candidate can also have any other equivalent educational qualification to apply to this role. The monthly salary compensation of an accountant at the Indian Army varies between Rs 29,000 to 92,000, depending on the experience and expertise in the job.
The selection process for an accountant job would include interview and written tests on Accounting, Mathematics and Current Affairs. The final round will be reviewed by a panel of officers and unit commandent.
Accountant Post in India Navy and Air Force: The applicants must be between the 20 to 23 years with minimum 60 percent aggregate score in graduation or Bcom. To join the Air Force, the graduate is required to clear AFCAT (Air Force Common Admission Test) or appear for CDS (Combined Defence Services) test conducted by UPSC, two times in a year. Those who have cleared the CDS test are eligible to join as an accountant with the India Navy and Air Force.
Apart from meeting the above criteria, the applicants are required to be at least 157 centimetres tall and certified physically fit for the role.
For details on Accounting training courses, contact Munimji’s career placement advisors and trainers.
Chartered Accountant in Indian Air force: The scope for candidates with CA certificate from a recognized university is preferably better at the India Air Force. The applicants should have scored a minimum of 60 percent aggregate in all subjects of all semesters during their graduation and also must clear the AFCAT (Air Force Common Admission Test). Besides, they should pass physical and medical examination by the IAF based on their performance in written test, interview rounds and medical tests.
Chartered Accountants applying for job at IAF should not be over 27 years before the commencement of the training. The selected applicants’ names will be announced in the IAF recruitment news twice, every year.
Indian Defence Account Service: The Indian Defence Account Service or IDAS is a division created by the Ministry of Defence to manage the complete accounts of the Indian defence services. The IDAS hires accountants for various roles across departments to carry out important procedures and matters related to pension, use of financial resources to make the defence forces stronger, handle accounting procedures, conditions of work contracts and procedures of Internal Audit for defence. The applicants are required to clear IDAS exam conducted every year, in the month of August and must have qualifications that are same for other services.
If a candidate manages to appear for the Civil Services exam, he is capable of enrolling for superior roles like the Assistant Controller of Defence Accounts. The salary structure of defence accountants’ vary according to the ranking and also depends on the accountant’s duties. It starts with basic amount of Rs 8,000 and can go up to Rs 260,000 as monthly salary.
We hope the above information was useful in helping you consider an accounting career in Indian defence forces. For more details on certificate courses in Accounting and placement training, visit our site at munimji.com