HMT Machine Tools Ltd: Recruitment 2024 for Finance & Medicine on Fixed Term Appointment (FTA) basis

Are you a finance or medical professional seeking new challenges and opportunities for growth? Look no further! HMT Machine Tools Limited, a premier Machine Tools Manufacturer and a subsidiary of HMT Limited, is embarking on an exciting recruitment drive in 2024. We are searching for talented individuals to join us on a Fixed Term Appointment (FTA) basis in the vibrant city of Bangalore.

About HMT Machine Tools Ltd:

HMT Machine Tools Ltd stands as a beacon of excellence in the manufacturing industry, renowned for its commitment to quality and innovation. As a wholly owned subsidiary of HMT Limited, a Government of India undertaking, we take pride in our legacy of precision engineering and customer satisfaction.

Positions Available:

We are currently looking for dedicated professionals to fill the following positions:

PositionNo. of PostsUpper Age LimitQualificationExperienceGrade/Scale of PayPlace of Posting
Officer (Accounts)245 yearsCA/ICWA or MBA (Finance) with 60% aggregate marksMinimum 2 yearsPS-III GradeBangalore
Senior Medical Officer150 yearsMD with MBBS from recognized institutionMinimum 10 yearsPS-V GradeBangalore
Medical Officer245 yearsMBBS from recognized institutionMinimum 2 yearsPS-III GradeBangalore

Job Descriptions:

Officer (Accounts):

  • Responsible for overseeing Finance & Accounts functions.
  • Maintain professional relationships with financial institutions.
  • Handle banking transactions, taxation, and financial correspondence.
  • Finalization of quarterly and annual accounts.
  • Ensure compliance with statutory requirements.

Senior Medical Officer:

  • Manage hospital administration and medical consultation.
  • Resource planning and management.
  • Allocate duty shifts and coordinate with medical staff.
  • Ensure compliance with medical policies and regulatory authorities.

Medical Officer:

  • Provide medical consultation to employees and patients.
  • Coordinate patient care and treatment.
  • Ensure adherence to medical policies and guidelines.
  • Act as Factory Medical Officer under relevant regulations.


  • Competitive salary packages.
  • Opportunities for professional development.
  • A dynamic and supportive work environment.

Tenure of Engagement, Remuneration, and Benefits at HMT Machine Tools Ltd:

Tenure of EngagementThe selected candidates will be engaged on a fixed-term basis for a period of Two (2) years, extendable for an additional Two (2) years subject to satisfactory performance. Employment will automatically cease upon completion of tenure or project assignments, whichever is earlier.
Termination ClauseEmployment may be terminated with three months’ notice or payment of three months’ salary in lieu of notice, without assigning any reason. The FTA does not confer the right to claim regular employment status.
Remuneration– Candidates will be placed at the minimum of the pay-scale of the respective grade. – Eligible for DA, HRA, PF, and other statutory benefits. – Annual increments based on performance. – Monthly and annual incentives provided.
Leave Entitlement– 10 days of casual leave per calendar year, and 2.5 days of earned leave with pay. – Earned leave cannot be encashed.
Medical Expenses– An amount equivalent to one month’s basic pay provided annually for medical expenses. – Monthly disbursement along with salary.
Maternity BenefitsFemale personnel entitled to benefits as per the Maternity Benefit Act, 1961.
Surety5% of monthly emoluments deducted towards a surety amount, refunded on completion of contract tenure. Not refunded if employment is terminated prematurely.
Medical ExaminationPre-Employment Medical Examination mandatory to ascertain medical fitness.
Application & Processing Fee– Non-refundable demand draft required for application fee. – Different fee structures for different categories. – No fee for Persons with Disability (PwD).
Selection Process– Suitability based on experience and performance in the interview. – Management reserves the right to adjust eligibility criteria. – Merit-based selection. – Relaxation in criteria for exceptional candidates.

Join us at HMT Machine Tools Ltd and experience a fulfilling career with ample opportunities for growth and development! Apply now to be a part of our dynamic team.

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