Bank of India (BOI) has released the 2024-25/05 Specialist Officer Recruitment Notification for various posts including Manager – Finance & Accounts (F&A), Manager – GST, Manager – TDS, and Manager – IND-AS.
These posts fall under MMGS-II (Middle Management Grade Scale-II) and are among the most sought-after banking finance roles.

If you're a CA/CMA/MBA (Finance) professional preparing for a stable and high-growth banking career, this is a golden opportunity.

1. Overview of BOI Manager (F&A/GST/TDS/IND-AS) Recruitment 2025

Vacancies as per official BOI notification (highlighted in page 3 of the PDF).

2. Eligibility Criteria

📌 Educational Qualifications

Manager – Finance & Accounts

• CA / CMA / ICWA / MBA (Finance) with minimum 60% marks.

Manager – GST

• CA / CMA / MBA (Finance) with strong knowledge of Indirect Taxation.

Manager – TDS

• CA / CMA / MBA (Finance) with proficiency in Income Tax & TDS law.

Manager – IND-AS

• CA / CMA / MBA (Finance) (Ind-AS experience required).

3. Work Experience Required

All four posts require minimum 3 years of post-qualification experience in relevant domains such as:

✔ Finance & Accounts

✔ Taxation (Direct & Indirect)

✔ Banking Financial Reporting

✔ TDS/GST filings

✔ IND-AS based reporting

✔ Audit, MIS & Regulatory compliance

4. Job Responsibilities (Post-wise)

⭐ Manager – Finance & Accounts (F&A)

• Preparation of financial statements

• Ledger scrutiny & reconciliation

• Budgeting & expenditure control

• Coordination with internal/statutory auditors

• Compliance with RBI guidelines

• Monitoring branch accounts & reporting

⭐ Manager – GST

• Filing of GST returns (GSTR-1, 3B, 2B Reco)

• Ensuring correct ITC claim

• GST audit, assessments & notices

• Compliance under CGST/SGST/IGST

• Coordinating with GST authorities

⭐ Manager – TDS

• Correct TDS deduction on all payments

• TDS payment, return filing & correction

• Traces portal management

• Responding to TDS notices & demands

• Ensuring compliance under Income Tax Act

⭐ Manager – IND-AS

• IND-AS compliant financial reporting

• ECL provisioning, EIR method, fair valuation

• Reviewing disclosures & notes

• Coordination with auditors for IND-AS adjustments

• Monitoring compliance at branch level

5. Selection Process

BOI will conduct the following stages:

🖥 1. Online Examination

Exam Pattern (As per BOI Notification):

Minimum qualifying marks:

• 35% for General/EWS

• 30% for SC/ST/OBC/PwBD

🎤 2. Interview

• 100 Marks

• Minimum qualifying: 50% (GEN/EWS) & 45% (SC/ST/OBC/PwBD)

• Weightage (if exam + interview): 80:20

6. Salary & Career Growth

BOI MMGS-II Pay Scale:

₹64,820 – 93,960 + Allowances (DA, HRA, CCA, Leave benefits, Medical, LTC)

Annual CTC:

₹13–15 Lakhs approx.

Career Path:

Manager → Senior Manager → Chief Manager → AGM

7. Syllabus (Post-Wise & Exam-Oriented)

📘 1. Finance & Accounts

• Accounting Standards, Schedule III

• Bank Financial Statements

• NPA, Provisioning Norms

• Ratio Analysis, Costing, Budgeting

📕 2. GST

• CGST, SGST, IGST Act

• Levy, Supply, RCM

• GSTR forms, Audit, Assessments

• ITC eligibility & restrictions

📙 3. TDS

• TDS under Income Tax Act

• Section-wise TDS rates

• Deduction, deposit, returns

• Form 26AS, Traces, corrections

📗 4. IND-AS

• IND-AS 1, 109, 32, 107, 115, 116

• Expected Credit Loss (ECL)

• Fair valuation

• Financial instrument classification

8. Why These Posts Are Highly Attractive?

• Job security in a PSU bank

• Specialist role → Less sales pressure

• High respect & technical profile

• Ideal for CA/CMA/MBA candidates

• Work-life balance better than private sector

9. Important Dates

• Application Start: 17 November 2025

• Last Date: 30 November 2025

• Exam Date: To be announced

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✅ FAQs – Bank of India Manager (F&A/GST/TDS/IND-AS) Recruitment 2025

1. What is the eligibility for BOI Manager (Finance & Accounts) 2025?

Candidates must have CA/CMA/MBA (Finance) with minimum 60% marks and at least 3 years of relevant experience in finance, accounts, tax, or banking.

2. What is the age limit for BOI Manager (F&A/GST/TDS/IND-AS)?

The age limit is 27 to 35 years as on 01.10.2025. Age relaxations apply for SC/ST/OBC/PwBD as per government norms.

3. What is the salary of BOI Manager (MMGS-II)?

The salary is as per MMGS-II Pay Scale: ₹64,820–93,960, plus allowances such as DA, HRA, CCA, medical, LTC, and leave benefits. Approx CTC: ₹13–15 lakhs per year.

4. How many vacancies are released for Manager (F&A/GST/TDS/IND-AS)?

Bank of India has released vacancies under MMGS-II for all four posts. Detailed numbers are given in the notification.

5. What is the selection process for BOI Manager (Specialist Officer) posts?

Selection includes:

1. Online Examination

2. Interview
   If both are conducted, the final merit is prepared with an 80:20 weightage (Exam:Interview).

6. What is the exam pattern for BOI Manager SO Recruitment 2025?

• English Language – 25 marks (qualifying)

• Professional Knowledge – 100 marks
  Candidates must achieve minimum qualifying marks to be shortlisted for interview.

7. What is the application date for BOI Specialist Officer Recruitment 2025?

• Online Application Starts: 17 November 2025

• Last Date: 30 November 2025

• Exam Date: To be announced by Bank of India.

8. Which qualification is required for Manager – GST at BOI?

Candidates must possess CA/CMA/MBA (Finance) with strong knowledge in GST law, compliance, return filing, ITC reconciliation, and indirect tax audit.

9. What skills are required for Manager – TDS in BOI?

Candidates must know TDS deduction, return filing, TRACES portal, Form 26AS, demand handling, and Income Tax provisions.

10. Who can apply for BOI Manager – IND-AS post?

CA with experience in IND-AS implementation is preferred. Candidates must know ECL, EIR, fair valuation, and financial reporting under IND-AS.

11. Is experience mandatory for BOI Manager posts?

Yes. Minimum 3 years of post-qualification experience in the relevant domain is mandatory for all four positions.

12. Is the English section counted for merit in BOI SO Exam?

No. The English Language test is qualifying only. The final exam merit is based on Professional Knowledge marks.

13. Does BOI Manager post involve sales targets?

No. These posts are purely specialist, finance-focused, non-sales roles.

14. Can I apply for multiple BOI SO posts?

No. Candidates can apply for only one post. Multiple applications will result in cancellation.

15. Is CA mandatory for BOI Manager (F&A)?

No. CMA, ICWA, MBA (Finance) candidates are also eligible, provided they meet experience requirements.