Important Information for PDIL Recruitment 2023:

Based on the PDIL Recruitment 2023 Notification notified 01 Vacancy is to be filled up for 05-Years’ Fixed Term.

Post Nomenclature: Director (Finance)

Date of Occurrence of Vacancy: 18.12.2021

Pay Scale under PDIL Recruitment 2023:

As has been notified in the PDIL Recruitment 2023 Advertisement, post-Selection, the Officer issued Appointment as Director (Finance) will be entitled to a Pay Scale Rs. 1.60 Lac to Rs.2.90 Lac Per Month (IDA).

Pay Scale: Rs. 1.60 Lac up to Rs.2.90 Lac Per Month (IDA)

Age Limits for PDIL Recruitment 2023:

As may be read in the PDIL Recruitment 2023 Notification, the Age Limits stipulated for Internal and External/Other Candidates explained hereunder:

Superannuation Age Limit: 60 Years (As on DOV 18.12.2021)

A) Internal Candidates: Minimum 40 Years (and Maximum 02-Years’ Residual Service as on the Date of Occurrence of the Vacancy) in reference to the Date of Superannuation.

B) Other Candidates: Minimum 40 Years (and Maximum 03-Years’ Residual Service as on the Vacancy Occurrence Date) in reference to the Date of Superannuation.

Note: The Minimum Length of Services essential in the Eligible Pay Scale for the Post Director (Finance) is 01 (One) Year in regard to the Internal Personnel and as regards Others (External) is 02 (Two) Years As on 18.12.2021.

Eligibility Criteria for PDIL Recruitment 2023:

The Eligible Applicants should have gained following Essential Eligibility for PDILRecruitment 2023 Notification explained hereunder:

A.I)  Essential Educational Qualification: The Applicant should be

i) The Applicant should be a Chartered Accountant/Cost Accountant/Full Time MBA/PGDM Course having Specialization in Finance with a Good Academic Record from any Accredited University/Institution.

*Preference would be given to the Chartered Accountant.

ii) The Officers of Organized Group ‘A’ Accounts Services [i.e., Indian Audit and Accounts Service, Indian Defence Accounts Service, Indian Railway Accounts Service, Indian Civil Accounts Service, Indian P&T Accounts & Finance Service and Indian Cost Accounts Service] working in the Appropriate Level are exempted from these Educational Qualifications.

iii) Further, the Applicants from the Central Government/Armed Forces of the Union/All India Services, will also be exempted from the Educational Qualifications as mentioned against i) above provided the Applicants have ‘the relevant Experience’ as mentioned in Para 4 iii) hereunder:

In respect of the Applicants from the Organized Group ‘A’ Accounts Services/Central Government/Armed Forces of the Union/All India Services, Chartered Accountant/Cost Accountant/MBA/PGDM will be a Desirable Educational Qualification.

Experience:

The Applicant should have Minimum 05-Years’ Cumulative Experience at any Senior Level during Last 10-Years in the area of Corporate Financial Management/Corporate Accounts in an Organization of repute.

ii) Applicants from Organized Group ‘A’ Accounts Services should have Minimum 05 (Five) Years’ Cumulative Experience at any Senior Level during Last 10 (Ten) Years in the area of Corporate Financial Management/Corporate Accounts.

iii) ‘The relevant experience’ in respect of applicants from Central Government/Armed Forces of the Union/ All India Services would include at least seven years of cumulative experience at any Senior Level during Last 10 (Ten) Years in the area of Corporate Financial Management/Corporate Accounts.

B) Other Essential Eligibility Conditions for PDIL Recruitment 2023:

Selection on to Director (Finance) Post shall be carried out through Interview for Appointment on the Director (Finance) Post mentioned in the P&DI Recruitment 2023 Notification.

The Public Enterprises Selection Board, for Appointment on Director (Finance) Post, will accord Due Preference to the Candidates serving or having rendered their respective services in any of the Listed Companies notified through the P&DI Recruitment 2023 Advertisement.

Appointment Tenure: Post-Selection Appointment the Tenure of the Incumbent as Director (Finance) shall remain 05 (Five) Years from the Date of Joining/up to the Date of Superannuation/until further Government Orders, Whichever be Earlier as may also be read in the P&DI Recruitment 2023 Advertisement.

Important Points for Applying for PESB issued PDIL Recruitment 2023:

Note 1: Eligible Applicants, who in the event of Selection on the Post of Director (Finance) may be spared for Appointment, should apply through “Proper Channel”.

Note 2: The Applicant on the Date of Application as well as on the Interview Date should be in employment in a Regular Capacity, not in a Contractual or Ad-hoc Capacity in the Following Concerns:

a) Central Public Sector Enterprise (CPSE) (including a Full-Time Functional Director in the Board of a CPSE);

b) Central Government including the Armed Forces of the Union and All India Services;

c) State Public Sector Enterprise (SPSE) where the Annual Turnover is *Rs 1000 Crore or more;

d) Private Sector in Company where the Annual Turnover is *Rs 1000 Crore or more.

How to Apply for PDIL Recruitment 2023:

The Eligible and Willing Applicants should apply Online followed by submission of the Online Application Print-out in the Offline Mode via the PESB Online Recruitment Application Portal as explained in the subsequent Part:

i) Fill up the Application Format Online only against the Job Description (Director-Finance);

ii) Fill up the Application Form Online and take a Printout of the Online Application. Annex all the Testimonials with the ORA Printout to be dispatched.

Step 1: Log on to the Public Enterprises Selection Board Weblink.

Step 2: Apply Online by Clicking on the Online Recruitment Application Link.

i) Fill up the Application Form Online only against the Job Description (JD) (Director-Finance) on the PESB Website. Post-completion of the Online Application process forward it Online only. Or

ii) Take the Online Application’s Printout and the Application clubbed with the Self-attested Documents including essential Testimonials.

iii) Put the Online Application Print out with all Self-attested Mandatory into an Envelope superscripted “Application for the Post Director (Finance) in Projects and Development India Ltd. “ for the Kind Attention of 

The Secretary, Mrs. Kimbuong Kipgen, The Public Enterprises Selection Board, Public Enterprises Bhawan, Block No. 14, CGO Complex, Lodhi Road, New Delhi 110 003.