HPCL CA Recruitment 2023, All Details Here

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Basic Information

HPCL Chartered Accountant Highlights 2024

Hindustan Petroleum Corporation Limited (HPCL) was founded on July 15, 1974, and has since evolved into a formidable force in the Indian energy sector. As a prestigious Maharatna Central Public Sector Enterprise (CPSE), HPCL boasts a rich history of contributing to India's energy security. With a well-established presence, the company has garnered a substantial market share in the country's petroleum industry. HPCL's strengths lie in its comprehensive expertise in both refining and marketing petroleum products, ensuring a reliable supply of fuels and lubricants to meet the diverse energy needs of India's burgeoning population. Committed to innovation and sustainability, HPCL continues to play a pivotal role in shaping the nation's energy landscape.

HPCL has recently released its recruitment notification for the year 2023 to recruit young and eligible candidates for various posts in the organisation. For this purpose, HPCL is actively seeking out individuals who are talented and driven, eager to explore exciting career prospects within the energy sector. HPCL invites those who are passionate about playing a significant role in shaping India's energy future and wish to be a part of its journey of growth and development.

Let’s look at the HPCL recruitment 2024 highlights before proceeding ahead.

HPCL CA Highlights 2023

Conducting AuthorityHPCL
Official Website https://hindustanpetroleum.com/job-openings
Name of the Posts Chartered Accountant
Mode of application Online
Stages of Exam Three Stages-
  • Phase 1-Written Exam
  • Phase 2- Interview
Maximum marks & Time duration
  • Phase 1- 100 marks, 1 hour
  • Phase 2 - Interview
Online Registration of Applications and Payment of Fees / Intimation Charges  August 18, 2023 to September 18, 2023
Download of Written Examination Call Letters To be notified later
NSIC Assistant Manager Online Examination To be notified later
Number of Vacancies 16
[Click Here for HPCL CA Official Notification 2023 PDF]

HPCL Chartered Accountant Notification 2024

The HPCL has released a notification regarding job openings in various specialised fields, including positions for Chartered Accountants. Eligible candidates are encouraged to apply for the HPCL 2023 exam during the application window, which is open from August 18 to September 18, 2023.

To ensure a successful application for the HPCL CA 2023 exam, prospective candidates should meticulously review the eligibility criteria provided in the official HPCL CA recruitment notification 2023, verifying that they meet all the stipulated requirements. Before submitting their applications, it is crucial to double-check factors such as HPCL's age prerequisites, educational qualifications, and nationality to ensure full compliance with the specified guidelines.

Furthermore, HPCL will issue the HPCL CA admit card a few days before the examination date. The HPCL call letter will contain vital information such as the exam venue, reporting time, roll number, and instructions for the examination day. Candidates must present a valid identity proof along with the admit card. Importantly, physical copies of the admit cards will not be sent via postal.

HPCL CA Vacancy 2024

The HPCL notification has disclosed 16 vacancies for the Chartered Accountant position. Furthermore, these positions have been categorised into both the general and reserved categories, with the aim of ensuring fair representation and opportunities for candidates from various backgrounds. For a detailed breakdown of the distribution of HPCL CA vacancies 2024, please consult the table presented below.

Post NameVacancy
Chartered Accountants 16

How to Apply Online for the HPCL Chartered Accountant Exam 2024

Before you proceed to submit your application for the HPCL CA exam 2024, it is of utmost importance to meticulously scrutinise the HPCL CA eligibility criteria set forth for this position. Ensuring strict adherence to all these criteria is crucial to avoid the possible rejection of your application. Exercise great diligence while completing the application form. Here, we present a comprehensive, step-by-step guide to aid you in navigating the application process seamlessly.

  • Visit the official website of HPCL at www.hindustanpetroleum.com.
  • Then, go to the ‘Careers’ section and select the ‘Job Openings’ option.
  • Click on the “Click here to Apply” option.
  • You will receive a registration number on your registered email and phone number.
  • Enter your name, email address and other information in the application form.
  • After this is done, you will be required to upload your photograph and signature.
  • Preview your form before final submission to make sure that all the information entered is correct.
  • Click on the “Submit” button and proceed to pay the application fee.

HPCL CA Application Fee

After the successful submission of your HPCL CA application form, the subsequent critical step is to make the HPCL CA application fee payment. Timely payment of the fee is imperative to confirm the validity of your application and ensure your inclusion in the HPCL CA recruitment process.

It's worth noting that the HPCL CA application fee can only be paid through online mode and is non-refundable. For a detailed breakdown of the application fee according to different categories, please consult the table provided below.

CategoryApplication Fee 
UR, OBCNC and EWS Non-Refundable Amount of ₹1180/- + payment gateway charges if any (Application fee of ₹1000/- + GST@18% i.e. ₹180/- + payment gateway charges if applicable)
SC, ST & PwBD Candidates are exempted from payment of application fee

HPCL Chartered Accountant Exam Pattern 2024

The HPCL CA selection procedure will involve a range of screening and assessment methods, including the Computer-Based Test, Group Task, and Personal Interview, tailored to meet the specific demands of the position. Hence, it is essential to familiarise yourself with the HPCL CA exam pattern before embarking on your exam preparation journey. This will offer a comprehensive understanding of the exam's sections, scoring system, and language requirements.

HPCL CA Computer-Based Test Exam Pattern

The HPCL CA Computer-Based Test (when applicable) will be divided into two sections:

  • General Aptitude encompassing English Language, Quantitative Aptitude, and Intellectual Potential Test (Logical Reasoning and Data Interpretation).
  • Technical/Professional Knowledge, featuring questions related to the Qualifying degree or Educational background necessary for the applied position.

Take a look at the table below for the detailed HPCL CA CBT exam pattern.

SectionsSubjects
General Aptitude English Language, Quantitative Aptitude Test & Intellectual Potential test (Logical Reasoning and Data Interpretation).
Technical / Professional Knowledge Comprising of questions related to Qualifying degree / Educational background required for the applied position.

Please note- 

  • Those candidates who successfully qualify in the Computer-Based Test (when applicable) in accordance with a predefined ranking and ratio will receive instructions to submit the required supporting documents for specific positions.
  • Following a thorough examination of the applications, uploaded documents, and the preparation of merit lists based on categories and disciplines in the Computer-Based Test, eligible candidates will be invited to participate in the Group Task and/or Personal Interview.
  • To progress in the selection process, candidates are required to achieve the minimum qualifying marks in each of the relevant stages, including the Computer-Based Test, Group Task, and Personal Interview.

Final Selection

A merit list will be created, taking into account the category and discipline of all candidates who successfully navigate through all the relevant stages, including the Computer-Based Test, Group Task, Personal and (or) Technical Interviews, and consideration of work experience where applicable. The final job offers will align with the available vacancies categorised by discipline and category.

HPCL Chartered Accountant Syllabus 2024

The next crucial step involves getting acquainted with the HPCL CA syllabus. Becoming familiar with the HPCL CA syllabus will offer a comprehensive insight into the topics and content covered in the exam. A thorough understanding of each section within the syllabus will provide a competitive advantage in the examination. Proficiency in the HPCL CA syllabus will enable you to plan your study strategy effectively, concentrating on areas that require more attention, thus enhancing your prospects of success in the HPCL CA exam.

SectionTopics
Accounts Basic Accounting concept including preparation of books of accounts and Accounting Standards
Financial Management Analysis of Financial statement, Budgeting & Budgetary control, Working Capital management, Capital Budgeting & Ratio Analysis
Taxation Income Tax including filing of return, TDS, Advance Tax etc, Goods & Services Tax
Auditing Auditing Concepts and Methods, Internal & External Audit of Companies
Commercial Laws Contract Act, Companies Act, Sales of Goods Act, Negotiable Instrument Act, Consumer Protection Act, RTI Act

HPCL CA Exam Dates 2024

To ensure effective preparation for the HPCL CA exam 2024, it's vital to stay well-informed about all the significant dates. The official HPCL CA notification 2024 provides a comprehensive HPCL CA examination schedule, encompassing critical dates such as the application commencement and closure dates, as well as the HPCL CA exam date 2024. 

Keeping track of the HPCL CA exam dates is essential for staying organised, avoiding the risk of missing important deadlines, and structuring your preparation effectively. Adhering to the specified timelines in the exam calendar is pivotal to ensure a seamless application process and prevent any last-minute complications. Please refer to the table below for the HPCL CA exam dates.

EventsExam Dates
Commencement of online application August 18, 2023
Last date of online application September 18, 2023
HPCL Exam Admit Card To be notified later
HPCL Exam Date To be notified later
HPCL Exam Result To be notified later

HPCL Chartered Accountant Salary 2024

The HPCL CA position presents an exceptional opportunity for individuals aspiring to build their careers in the public sector. Successful candidates in the Chartered Accountant role will be entitled to a salary falling within the Pay Scale of Rs. 50,000-1,60,000/-. At present, the Cost to Company (CTC) for the Chartered Accountant position at HPCL stands at approximately 16.98 lakhs.

Post NameSalary
Chartered Accountants Pay Scale of Rs. 50000 - 160000

Moreover, this CTC calculation is based on the minimum base level of the pay grade and encompasses various components, including Base Pay, Retirement Benefits, Dearness Allowance, House Rent Allowance, and Cafeteria Allowance. It also factors in Performance Related Pay (calculated at its maximum), which is contingent on multiple variables and disbursed in accordance with the Corporation's policy. It's important to note that retirement benefits become applicable upon separation or retirement as per the prevailing Corporation policy. Additionally, the mentioned CTC is applicable to candidates stationed in metropolitan cities and may differ for other locations.

Probation & Retention

The selected officers will undergo a one-year probation period starting from their date of joining. Following the successful completion of this probationary period, the officer's confirmation will be subject to the company's policy.

For individuals falling under the Pay Scale of 50,000-1,60,000, there will be a retention amount of Rs. 5,000 per month deducted from their total emoluments during the first six months of the probation period. This amount will only be refunded to the officers after their confirmation. If an employee departs from the Corporation or experiences a termination of service before confirmation, the retention amount will be forfeited.

Posting/Placement

Posting/Assignments may be in any Strategic Business Units (SBU), Divisions, or Departments within the Corporation located anywhere in the country. Subsequently, the services may be subject to transfers as necessitated by the Corporation's needs. These roles may entail working in shifts, and successful candidates may also be allocated to positions within subsidiary companies, joint ventures, or various government departments across India.

HPCL CA Eligibility Criteria 2024

Prospective candidates must prioritise acquiring a comprehensive understanding of the HPCL CA eligibility criteria before initiating their exam application. Familiarity with these criteria is of utmost importance to ensure a smooth application process and to avoid the risk of disqualification or application rejection.

The HPCL CA eligibility criteria encompass various aspects, such as educational qualifications, the HPCL CA age limit, and provisions for age relaxation. It is crucial that candidates thoroughly review the official notification to confirm their eligibility for the HPCL CA exam. 

Educational Qualifications

To be eligible for the HPCL Chartered Accountant post, candidates must meet the educational criteria outlined in the HPCL CA notification 2024. Please refer to the table below for detailed information regarding the HPCL CA eligibility criteria. 

Post NameEligibility Criteria 
Chartered Accountants Qualified Chartered Accountant (CA) from Institute of Chartered Accountants of India (ICAI) along with completion of mandatory Articleship and Membership of ICAI

Age Criteria (As on September 18, 2023)

In terms of age criteria, candidates applying for this position must not surpass the age of 27 years. It is imperative for applicants to confirm that they fall within the specified age bracket to meet the eligibility requirements for the HPCL CA exam 2024. You can find comprehensive details regarding the HPCL CA age limit criteria in the table provided below.

Post NameAge Criteria 
Chartered Accountants 27 years for General 

Age Relaxation

The HPCL CA notification 2024 also includes provisions for age relaxation in the upper age limit for candidates who belong to reserved categories.

HPCL Chartered Accountant Online Course

ixamBee presents a comprehensive HPCL CA Online Course meticulously designed to provide thorough coverage of the HPCL CA exam syllabus. Success in the HPCL CA exam is of utmost importance, and to facilitate this, ixamBee's proficient educators have carefully crafted the course. It includes precise and vital information to cater to all your preparation requirements. The course is a trusted resource, offering in-depth insights and guidance, ensuring that candidates are well-equipped to excel in the HPCL CA examination. With ixamBee's expertise, you can confidently prepare for a successful outcome in this competitive exam.

HPCL Chartered Accountants Exam - Free Mock Tests

HPCL Chartered Accountants 2023 Mock Test 2

HPCL Chartered Accountants 2023 Mock Test 2

  • 150 Minutes
  • 170 Questions
  • 170 Marks
HPCL Chartered Accountants 2023 Mock Test 1

HPCL Chartered Accountants 2023 Mock Test 1

  • 150 Minutes
  • 170 Questions
  • 170 Marks

FAQs

The HPCL CA 2023 notification was released recently. Candidates who meet the HPCL CA eligibility criteria can complete the online application process by September 18, 2023. To ensure a smooth application experience and minimise the risk of encountering last-minute technical difficulties or delays, it is recommended to submit your HPCL CA application well in advance of the deadline instead of procrastinating until the final moments.
The HPCL CA notification 2023 has introduced 16 vacancies for the post of Chartered Accountant, which have been segregated into distinct categories. The distribution of these vacancies ensures equitable representation and opportunities for candidates from both general and reserved categories, promoting fairness in the selection process.
Eligible candidates can apply for the HPCL 2023 exam from August 18 to September 18, 2023. Aspirants should adhere to these specified dates to ensure a successful application process for the HPCL 2023 exam.
In the HPCL CA recruitment, candidates belonging to the SC/ST/PwBD categories are exempted from paying the online application fee. They can apply for the position without incurring any fee, providing an opportunity for equal participation and access to the recruitment process.
HPCL will release the admit card for the HPCL CA 2023 examination a few days before the exam. The HPCL CA admit card will contain essential information, including the exam venue, reporting time, roll number, and instructions for the exam day. Candidates must bring valid identity proof along with the admit card. It is important to note that physical copies of the admit cards will not be sent to candidates through postal mail.
The HPCL CA exam dates 2023 will be released by HPCL soon. While the official HPCL CA notification does not specify the exact HPCL CA exam date, the dates will be announced by HPCL and updated on this page accordingly. Please frequently check this space for the latest updates regarding the HPCL CA exam date 2023.
The HPCL CA selection process involves a Computer-Based Test, Group Task, and Personal Interview tailored to meet the specific demands of the position. Candidates must excel in the CBT to qualify for the Group Task and Personal Interview, where their skills and qualifications will be further assessed to determine their suitability for the position.
What is the salary of a candidate selected as an Assistant Manager in HPCL?
Apart from the base pay, the candidates selected as Chartered Accountants will also receive various perks and benefits such as retirement benefits, dearness allowance, house rent allowance, and cafeteria allowance. Furthermore, you will also receive performance-related pay, which is calculated based on various factors and disbursed following the Corporation's policy.
The candidates selected as Chartered Accountants in HPCL will be required to undergo a one-year probationary period upon their joining date. After successfully completing this probationary term, the officer's confirmation will be contingent upon the company's policies and regulations.
To be eligible for the HPCL CA exam, candidates must not exceed 28 years of age as of September 29, 2023. However, candidates belonging to reserved categories are eligible for age relaxation, which means they may be able to apply even if they exceed the maximum age limit of 28 years.

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