A career in finance is one of the most respected and rewarding fields, especially when it comes to Government and PSU (Public Sector Undertaking) jobs. Among these, the post of Assistant Finance Officer (AFO) stands out due to its job stability, attractive salary, work-life balance, and career growth.
This post is usually offered in PSUs, Cooperative Federations, Government Boards, and Departments.
If you're a CA Inter / CMA Inter / MBA Finance / M.Com (Accounts & Finance) student or graduate, this job profile can be a strong career opportunity for you.
Who Can Apply? (Eligibility Criteria)
|
Qualification Required |
Experience Required |
|
CA Inter or CMA Inter (Articleship Completed) |
Preferred 1–3 Years in Accounts or Finance Operations |
|
OR MBA (Finance) / M.Com (Finance / Accounts) |
With Minimum 2–3 Years Work Experience in Finance, Accounts, or Audit |
Key Responsibilities of an Assistant Finance Officer
-
Maintaining books of accounts as per statutory standards
-
Preparing Financial Statements, GST & TDS returns, MIS reports
-
Coordinating with Internal & Statutory Auditors
-
Budgeting, Costing & Financial Planning
-
Monitoring payments, receivables, payables & cash flows
-
Ensuring compliance with Government Accounting Systems
This role offers a strong practical finance skill base that is useful throughout your career.
|
Related Blogs
|
|
|
Latest Vacancy
|
|
|
Exam Dates
|
|
|
PSU Syllabus
|
|
|
PSU F&A Previous Year Question Papers
|
|
Salary Structure
Typical pay scale in PSUs:
₹50,320 – ₹1,01,560 + DA + HRA + Other Allowances
Approximate Monthly In-hand Salary = ₹65,000 – ₹95,000
(depending on DA rate & location)
✅ Medical Benefits
✅ PF + Gratuity
✅ Paid Leave Benefits
✅ Retirement Security
Career Growth Path
Assistant Finance Officer → Finance Officer → Deputy Finance Manager → Finance Manager → Chief Finance Officer
Growth is stable and senior roles carry high responsibility and strong pay levels.
Exam Pattern / Selection Process
Most organizations follow:
-
Written Exam (Objective + Subjective)
-
Interview / Document Verification
Finance Syllabus Includes
-
Basic Accounting Concepts
-
Cost Accounting & Budgeting
-
Financial Management & Ratio Analysis
-
Company Law & Taxation (GST + Income Tax)
-
Auditing Principles
-
Government Accounting Standards
How to Prepare (Study Strategy)
|
Focus Area |
Preparation Technique |
|
Accounts & Accounting Standards |
Practice journal entries, final accounts, adjustments |
|
Costing & Budgeting |
Solve PYQs + numerical problems |
|
Taxation |
Revise GST & TDS practical scenarios |
|
Financial Management |
Learn ratio interpretation + capital budgeting |
|
General Aptitude |
Practice daily Quant + Reasoning + English |
Follow Me: -
|
YOUTUBE |
|
|
Telegram Discussion Group |
|
|
Telegram Vacancy update Group |
|
|
|
|
|
WhatsApp Discussion Group |
|
|
WhatsApp Vacancy update Group |
|
|
WhatsApp Channel |
|
|
|
|
Important Links |
|
|
To Download Notification 2025 PDF |
|
|
Apply for Jobs |
|
FAQ Section
Q1. Is CA/CMA Inter enough for this job?
Yes. CA/CMA Inter with completed articleship is fully eligible.
Q2. Is there interview?
Yes, most PSUs conduct an Interview after the written exam.
Q3. Can freshers apply?
Yes, if articleship is completed. Otherwise, 1–3 years’ experience is preferred.
Q4. Is the job transferable?
Yes, postings may be across units/offices.
Q5. What is the work timing?
Regular office hours — very good work-life balance.
