
Sarkari Naukri 2025: JERC Invites Applications for Research Officer / Consultant Post
- Vacancy Circular – Engagement of Consultant on short-term contractual basis1
- Applications invited for Research Officer/Consultant positions
Overview
The Joint Electricity Regulatory Commission (JERC) for the State of Goa and Union Territories, a statutory body under the Ministry of Power, Govt. of India, is inviting applications for the engagement of a Research Officer/Consultant (Finance) on a short-term contractual basis.
Key Details
Position
Research Officer / Consultant (Finance)
Monthly Fee Range
₹55,000/- to ₹90,000/- (excluding taxes, if applicable)
Number of Positions
01
Contract Duration
The initial engagement will be for one year, with a possibility of renewal for further periods up to one year at each occasion, based on satisfactory performance. The fee may be enhanced upon renewal in deserving cases based on performance.
General Terms & Conditions
- Purely contractual basis.
- Normal working hours: 9:30 AM to 6:00 PM (5 days a week), including a 30-minute lunch break. May be required to work on Saturdays, Sundays, and Gazetted holidays, or beyond normal hours in exigencies.
- Entitled to 18 days of leave in a contract year. Un-availed leave will not be carried forward or encashed.
- Expenses for official travel within India will be reimbursed equivalent to Level 7 of the Pay Matrix as per 7th CPC.
- Full-time engagement; no other assignment permitted during the contract period with JERC.
- Lump sum monthly professional fees paid on completion of the month, on production of bill. TDS will be deducted.
Termination of Agreement
- Can be terminated by either party with mutual consent by giving 30 days’ written notice or 30 days’ consolidated professional fees in lieu of notice.
- Liable for termination with 30 days’ written notice if unable to perform assigned work to the satisfaction of the Controlling Officer/Competent authority.
- Can be terminated without notice or assigning any reason, and no notice pay, if performance is unsatisfactory despite prior notice.
- Immediate termination without notice or notice pay for indiscipline/misconduct or continuous absence for more than 7 days without prior intimation/sanction (unless covered under medical emergency).
- Upon premature termination, professional fees for work performed until the termination date will be paid after deductions.
Secrecy Clause
- All official information and documents are JERC’s proprietary ownership and should not be disclosed without prior permission.
- The Consultant must not utilize, publish, or share any data, statistics, proceedings, or information collected during the assignment without JERC’s express written consent.
- Must maintain integrity, transparency, competitiveness, economy, and efficiency.
- Cannot represent or advise others in matters adverse to JERC’s interest or indulge in activities outside the contractual assignment.
Eligibility Criteria
Minimum Educational Qualifications
Bachelor’s degree with CA (Inter)/CMA (Inter)/ MBA Finance.
Age
Not more than 35 years as on the date of advertisement.
Essential Experience (Three to Ten Years)
- Financial modeling.
- Fully conversant in the latest accounting and taxation matters.
- Carrying out cost-benefit analysis/financial analysis.
- Balance sheet preparation/analysis.
- Comparison of accounting data & reconciliation, loan reconciliation, deviation analysis.
- Analyzing books of accounts, loan documents / data.
- Proficient in MS Office Tools, especially Advanced Excel.
Desirable Experience
- Financial modeling for tariff determination.
- Tariff finalization in the Regulatory Sector or Power Sector.
- Carrying out economic analysis and use of statistical techniques as related to the power sector.
- Engineering qualification would be an added advantage.
Relaxation
Relaxation in essential qualifications/experience/age may be considered in deserving cases.
Selection Process
- Based on written examination/interaction before the Consultancy Evaluation Committee, or as decided by the Commission.
- Shortlisted candidates (fulfilling eligibility or granted relaxation) will be called for a written test/interaction.
- Final selection based on ranking/merit of the written test/interaction score.
- Candidates must bring original documents relating to qualification, experience, etc., for examination before the written test/interaction.
- No TA/DA will be admissible for attending the written examination and/or interaction.
- The Commission’s decision is final.
How to Apply
- Applications must be in the prescribed format (Annexure-I).
- Duly completed and signed applications should be addressed to “The Admin-cum-Accounts Officer, Joint Electricity Regulatory Commission, 3rd & 4th Floor, Plot No. 55-56, Udyog Vihar, Phase-IV, Gurugram-122015”.
- Applications can be sent by post, submitted personally at the Commission’s Office, or by E-mail to aao.jercuts@gov.in followed by a signed hard copy by post.
- Only applications submitted in the prescribed format will be accepted.
- Incomplete applications or those without requisite documents, or received after the due date, will be summarily rejected.
Application Format Details (Annexure-I)
The application format requires the following information:
- Name
- Gender
- Date of Birth (with age proof)
- Father’s Name
- Marital Status
- Present Address
- Permanent Address
- Contact Number
- Last Pay Drawn (with proof)
- Approximate time to join duties, if selected
- Academic/Professional Qualification (Graduation Level and above, with self-attested copies of certificates). Includes columns for Course/Degree, Institute/University/College, Year of passing, Regular/Distance education, %age of marks, Subject Specialized, and Achievements.
- Experience (with self-attested copies of experience certificates in chronological order). Includes columns for Organization/Institute/Office, Organization Type, Post Held, Period (From-To), No. of years and months, Description of duties/Experience, and Remarks.
- Other details: Additional Information/specific professional achievements/contribution.
- A statement (in 100 words) explaining suitability for the post in context to the profile sought by the Commission.
- Declaration of truthfulness of furnished information.
- Date and Place.
- Signature of Candidate.
Important Dates
- Dated: July 16, 2025
- Application Submission Deadline: Latest by August 20, 20252
Other Information
- This engagement is purely contractual and does not grant any right to claim regular appointment or continued contractual engagement in JERC.
- JERC reserves the right not to fill all or any of the positions, or to increase/decrease the number of posts, without assigning reasons.
- Consolidated fees and other service conditions are governed by JERC Regulations (Appointment of Consultants), 2009, 1st Amendment 2015, and 2nd Amendment 2023. These regulations are available on the JERC website: www.jercuts.gov.in.
Reference and Notification Links
- https://jercuts.gov.in/wp-content/uploads/2025/07/RA-Finance-website-latest.pdf
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- https://jercuts.gov.in/public_notice_category/vacancy_public/
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