Power Grid invites job applications for Director (Finance) post

Power Grid Recruitment: Power Grid Corporation of India (PGCIL), a Maharatna PSU under the Ministry of Power, has invited job applications for the engagement of Director (Finance). Eligible candidates can apply for the job before January 12, 2026.

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Director (Finance) is a member of Board of Directors and reports to the Chairman and Managing Director (CMD). He/She is the overall in-charge of Finance and Accounts functions of the organisation and is responsible for evolving and formulating related policies and their implementation including financial planning, budgeting, costing, financial control, preparation of financial statements in compliance with corporate norms and statutory requirements.

Pay scale: Rs 1,60,000 – Rs 2,90,000 (IDA)

Age Limit: Minimum age limit is 45 years and the age of superannuation is 60 years

The minimum length of service required in the eligible scale will be one year for internal candidates, and two years for others as on the date of vacancy.

Employment Status

The applicant must, on the date of application, as well as on the date of interview, be employed in a regular capacity – and not in a contractual/ad-hoc capacity – in one of the followings:-

(a) Central Public Sector Enterprise (CPSE) (including a full-time functional Director in the Board of a CPSE);

(b) Central Government Group 'A' Officers including the Armed Forces of the Union and All India Services (AIS) and officers from Public Sector Banks (PSBs)/ Financial Institutions (FIs)/

Autonomous Bodies (ABs), etc;

(c) State Public Sector Enterprise (SPSE) where the annual turnover is *Rs 10,000 crore or more;

(d) Private Sector in company where the annual turnover is *Rs 10,000 crore or more.

Preference would be given to candidates from listed companies.

(*The average audited annual turnover of three financial years preceding the calendar year in which the post is advertised shall be considered for applying the approved limits.)

Education Qualifications

(i) The applicant should be a chartered accountant or cost accountant or a full time MBA/PGDM course having specialization in finance with good academic record from a recognised university or institution. Preference would be given to Chartered Accountant.

(ii) 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] and applicants from the Central Govt./ Armed Forces of the Union/ All India Services, working at appropriate level are exempted from these educational qualifications

Work Experience

(i) The applicant should have at least five years of cumulative experience at a senior level during the last ten years in the area of Corporate Financial Management/ Corporate Accounts in an organisation of repute.

(ii) Applicants from Organized Group ‘A’ Accounts Services and applicants from Central Government/ Armed Froces of the union/ All India Services should have either

(a) Education qualification of Chartered Accountancy or cost accountancy or MBA/ PGDM having specialization in Finance with at least five years of cumulative experience at a senior level during the last ten years in the area of Financial Management/ accounts in Government/ Corporate Financial Management/ Corporate Accounts.

or

(b) at least five years cumulative experience at a senior level during the last ten years in the area of Corporate Financial Management/ Corporate Accounts.

Duration of the appointment

The appointment shall be for a period of five years from the date of joining or upto the date of superannuation or until further orders, whichever is earlier.

Click here to read the official notification.

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