ICSIL Advisor Recruitment 2026 is for a single Advisor (Finance & Accounts) position to be engaged on a contractual basis at ICSIL Headquarters in New Delhi. This is not a general fresher opening. The post is designed for an experienced retired finance professional with a strong background in government, PSU, or autonomous body finance functions.
If you are looking for the practical details first, the key points are straightforward: there is 1 post, applications are online, the one-time registration fee is Rs. 590, and the application window closes on 10 May 2026 at 11:00 AM. The required qualification is CA or CMA, along with a minimum of 30 years of post-qualification experience in Finance & Accounts functions.
Before applying, candidates should also understand the less obvious conditions in the notice. The engagement is initially for six months, though it may be extended based on performance and requirement up to a maximum overall period of two years including the initial term. The position does not lead to regular appointment, the pay is linked to last pay drawn and pension-related rules, and the selected candidate will also be subject to document verification and contract conditions laid down by ICSIL.
Recruitment Overview
ICSIL has released an online recruitment notice for the engagement of Advisor (Finance & Accounts) on a contractual basis. The opening is for its headquarters in New Delhi and the recruitment is being handled through the ICSIL online application system.
This vacancy is specifically targeted at senior retired finance professionals. The notice makes it clear that the role is contractual, the appointment does not create any right to regular appointment, and candidates must ensure that the details entered in the online form match the eligibility conditions exactly.
| Particular | Details |
|---|---|
| Post | Advisor (Finance & Accounts) |
| Vacancy | 01 |
| Nature of Engagement | Contractual |
| Place of Posting | ICSIL HQ, New Delhi |
| Initial Engagement | 6 months |
Important Dates
Candidates should pay close attention to the timing because the ICSIL notice mentions exact opening and closing time for online submission. ICSIL has also advised applicants to complete the one-time registration fee payment at least two days before the closing date, as payment status may take 1 to 2 working days to update on the dashboard.
| Event | Date and Time |
|---|---|
| Opening of online application | 20 April 2026, 11:00 AM |
| Closing of online application | 10 May 2026, 11:00 AM |
| Reference date for age condition | 1 June 2026 |
Waiting until the last day may create avoidable problems if the one-time registration payment has not been reflected in the candidate dashboard.
Vacancy, Posting and Contract Period
There is only one vacancy under this recruitment. The selected candidate will be posted at ICSIL Headquarters in New Delhi.
The initial engagement period is six months. However, the notice allows further extension based on performance and organizational requirement, up to a maximum overall period of two years including the initial six months, subject to the maximum age condition.
- Total posts: 1
- Posting location: ICSIL HQ, New Delhi
- Initial contract: 6 months
- Possible extension: Up to a maximum of 2 years including the initial term
- Nature of appointment: Purely contractual
Eligibility Criteria
The eligibility standard is narrow and experience-heavy. This is not a general CA/CMA recruitment. The candidate must be a qualified CA or CMA and must also be a retired officer from Government, PSU, or an Autonomous Body with long experience in Finance & Accounts functions.
- Educational qualification: Qualified CA or CMA
- Required background: Retired officer from Government, PSU, or Autonomous Body
- Experience: Minimum 30 years of post-qualification experience in Finance & Accounts functions
- Preferred exposure: Senior-level work in Finance, Accounts, Audit, Taxation, Budgeting, and Financial Management
Applicants should read this condition carefully because simply holding CA or CMA qualification is not enough. The experience and retirement background are both central to eligibility.
Age Limit and Health Condition
The upper age limit should not exceed 65 years, and the notice further states that the Advisor should have six months available from 1 June 2026. In exceptional cases, age relaxation may be considered only with approval from the competent authority and the board.
The notice also states that a self-sound health certificate shall be taken from the advisor. Candidates planning to apply should therefore be ready to meet both the age condition and the practical requirement of health fitness for the contract period.
Remuneration and Other Financial Conditions
ICSIL has not announced a single fixed salary figure for this post. The remuneration depends on whether the selected candidate comes under IDA pattern from a PSU or CDA pattern from Government service.
| Category | Remuneration Rule |
|---|---|
| IDA Pattern / Officers from PSU | All-inclusive remuneration equal to 50% of the last pay drawn, meaning last Basic plus last DA thereon |
| CDA Pattern / Officers from Government | Consolidated remuneration restricted to the difference between last pay drawn and pension plus DA at the rate fixed at the time of hiring, as per Government rules |
No additional allowances such as DA, HRA, conveyance allowance, or telephone allowance are admissible. Lunch coupon is allowed on attending office, and TA/DA for official travel may be admissible as per company rules.
Candidates should also note an important contract clause: fifteen days salary is to be deducted from the selected candidate as security deposit in two parts, 50% in the first month and 50% in the second month. This is refundable with applicable savings bank interest after completion of contractual liabilities and issue of no-dues clearance.
Role and Key Responsibilities
The post is meant to support the Finance & Accounts Division in core compliance, accounting, and advisory work. The responsibilities show that ICSIL is looking for a senior professional who can handle both operational and strategic finance matters.
- Handling statutory compliances including GST, TDS, and other applicable regulations
- Assisting in preparation and finalization of financial statements and accounts
- Coordinating with internal auditors, statutory auditors, and regulatory authorities
- Strengthening internal financial controls, accounting systems, and compliance procedures
- Assisting in budget preparation, financial planning, and financial analysis
- Reviewing accounting records, reconciliations, and financial documentation
- Providing strategic financial advisory support to management
- Undertaking any other Finance & Accounts work assigned by management
Selection Process
The selection process mentioned in the notice is simple in structure but strict in practice. ICSIL will first screen applications with reference to the eligibility criteria. Only those who fit the conditions on qualification and experience can expect to move ahead.
- Screening of applications with reference to eligibility criteria
- Document verification
- Interaction or interview with the Selection Committee
The final decision of ICSIL is stated to be final. No TA/DA will be paid for appearing in document verification or interview. Candidates must produce original documents related to date of birth, qualification, and experience when called.
How to Apply Online
The application process is online through the ICSIL recruitment system. Candidates cannot directly apply for the post unless they have completed the one-time registration fee payment on the ICSIL portal.
- Visit the ICSIL careers or recruitment portal.
- Create your account if you are a new applicant.
- Pay the one-time registration fee of Rs. 590.
- Wait for the payment status to update on the dashboard if needed.
- Complete your profile carefully with education details from high school to highest qualification and full experience details.
- Apply for the Advisor (Finance & Accounts) post within the active application window.
- Review all information before final submission, especially name, qualification, age, and experience details.
ICSIL has specifically advised applicants to pay the one-time registration fee at least two days before the closing date because payment update can take 1 to 2 working days. Incomplete or mismatched online forms are liable to be rejected.
Important Terms Candidates Should Not Ignore
Several conditions in the notice can affect candidature even after online submission. These points matter because many rejections in contract recruitments happen due to mismatch in documents, incomplete forms, or misunderstanding of contract terms.
- The engagement is purely contractual and does not create any right to regular appointment.
- The engagement may be terminated by either side with one month notice or payment in lieu thereof.
- The candidate must maintain confidentiality of official records and information.
- The details filled in the application form must match Class 10 certificate, PAN card, and Aadhaar card records.
- If the candidate has changed name after Class 10, supporting evidence must be produced during verification.
- Canvassing or trying to influence the recruitment process can lead to disqualification.
- ICSIL may reject any application or withdraw the advertisement without assigning reasons.
- Candidates should keep checking the ICSIL website for corrigendum or further notice.
For assistance related to the process, the notice mentions the ICSIL Front Desk Officer at Okhla Industrial Estate Phase III, New Delhi, with phone number 011-40538951.
Frequently Asked Questions
What is the last date to apply for ICSIL Advisor Recruitment 2026?
The online application window closes on 10 May 2026 at 11:00 AM.
How many vacancies are available in ICSIL Advisor Recruitment 2026?
There is 1 vacancy for the post of Advisor (Finance & Accounts).
What qualification is required for the ICSIL Advisor post?
The candidate must be a qualified CA or CMA and should be a retired officer from Government, PSU, or an Autonomous Body with at least 30 years of post-qualification experience in Finance & Accounts functions.
What is the application fee for ICSIL Advisor Recruitment 2026?
Candidates have to pay a one-time registration fee of Rs. 590, which is non-refundable.
What is the age limit for ICSIL Advisor Recruitment 2026?
The upper age limit should not exceed 65 years, and the candidate should have six months available from 1 June 2026.
What is the selection process for the ICSIL Advisor post?
The selection process includes screening of applications, document verification, and interaction or interview with the Selection Committee.
Is the salary fixed for the ICSIL Advisor post?
No. The remuneration is linked to the candidate's last pay drawn and applicable IDA or CDA pattern rules, so a single fixed salary figure has not been announced.