PESB Recruitment 2022 for Director - MySarkariNaukri.com

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PESB Recruitment 2022 for Director

Vacancy Circular No:

Public Enterprises Selection Board (PESB)
invites applications for recruitment of Director

Director

Job Location:

501 Block No. 14
CGO Complex Lodhi Road
, New Delhi, 110003 Delhi
Last Date: 07 July 2022
Employment Type: Full Time

Number of Vacancy: 1 Posts

PESB Vacancy 2022
PESB Vacancy 2022 Recruitment 2022 Details
Job Role Director
Education Requirement CA
Total Vacancy 1 Post
Job Locations New Delhi
Age Limit On the date of occurrence of vacancy (DOV) - Age of superannuation 60 years: Internal: Minimum - 45 years, Maximum: 2 years residual service as on the date of vacancy w.r.t. the date of superannuation.; Others: Minimum - 45 years, Maximum: 3 years residual service as on the date of vacancy w.r.t. the date of superannuation.
Experience 8 - 15 years
Salary 160000 - 290000
Posted on 29 Apr, 2022
Last Date To Apply 07 Jul, 2022

Educational Qualification: CA, MBA/PGDM

Advt.No. - 63/2022

1. Name of the Post: Director (Finance)

2. Scale of the Post: Rs. 160000-290000 (IDA)

3. Job Description And Responsibilities: Director (Finance) is a member of the Board of Directors and reports to Chairman and Managing Director. He/She is overall in charge of the finance and accounts of the organization and is responsible for evolving and formulating policies related to finance and accounts as well as implementation thereof

4. 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 including the Armed Forces of the Union and All India Services;

(c) State Public Sector Enterprise (SPSE) where the annual turnover is *Rs 1500 crore or more;

(d) Private Sector in company where the annual turnover is *Rs 1500 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)

5. Qualification: 

(i) The applicant should be a Chartered Accountant or Cost Accountant or a full time MBA/PGDM course with specialization in Finance with good academic record from a recognized University/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] working in the appropriate level are exempted from these educational qualifications.

(iii) Further, applicants from the Central Govt./Armed Forces of the Union/All India Services, will also be exempted from the educational qualifications as per (i) above provided the applicants have ‘the relevant experience’ as mentioned in Para 4(iii) below. In respect of applicants from 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.

6. 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 organization of repute.

(ii) Applicants from Organized Group ‘A’ Accounts Services should have at least five years cumulative experience at a senior level during the last 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 a senior level during the last ten years in the area of Corporate Financial Management/ Corporate Accounts

7. Pay Scale: ((a)Central Public Sector Enterprises Eligible Scale of Pay

(i) Rs. 6250-7475 (IDA) Pre 01/01/1992

(ii) Rs. 8520-10050 (IDA) Post 01/01/1992

(iii) Rs. 18500-23900 (IDA) Post 01/01/1997

(iv) Rs. 43200-66000 (IDA) Post 01/01/2007

(v) Rs. 100000-260000 (IDA) Post 01.01.2017

(vi) Rs. 14300-18300 (CDA) Pre-revised

(vii) Rs. 37400-67000 + GP 8700 (CDA)

(viii) Rs. 123100-215900 (Level 13) CDA

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.

(b) (i) Applicants from Central Government / All India Services should be holding a post of the level of Joint Secretary in Government of India or carrying equivalent scale of pay on the date of application

(ii) Applicants from the Armed forces of the Union should be holding a post of the level of Major General in the Army or equivalent rank in Navy/Air Force on the date of application

Applicants from State Public Sector Enterprises/ Private Sector should be working at Board level position or at least a post of the level immediately below the Board level on the date of application.

8. Condition Of Immediate Absorption For Central Government Officers: Central Government Officers, including those of the Armed Forces of the Union and the All India Services, will be eligible for consideration only on immediate absorption basis.

9. Duration Of 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.

Pay Scale:
INR
160000 - 290000

Age Limit: On the date of occurrence of vacancy (DOV) - Age of superannuation 60 years: Internal: Minimum - 45 years, Maximum: 2 years residual service as on the date of vacancy w.r.t. the date of superannuation.; Others: Minimum - 45 years, Maximum: 3 years residual service as on the date of vacancy w.r.t. the date of superannuation.

Selection Procedure

Board reserves the right to shortlist applicants for interview.

How to Apply:

Last time/date of receipt of complete application duly forwarded to PESB is by 15.00 hours on 07/07/2022. No application shall be entertained under any circumstances after the stipulated time/date. Incomplete applications and applications received after the stipulated time/date shall be REJECTED

(a) fill up the Application Form online only against this Job Description on the website of PESB - http://pesb.gov.in/ and thereafter forward it online, as specified; Or

(b) fill up the Application Form online only against this Job Description on the website of PESB - http://pesb.gov.in/, take a printout and send it offline, as specified.

1. The applicants should submit their applications through proper channel as follows:

(a) Government Officers, including those of the Armed Forces of the Union and All India Services: through Cadre Controlling authority;

(b) CMDs/MDs/Functional Directors in CPSE: through the concerned Administrative Ministry;

(c) Below Board level in CPSE: through the concerned CPSE;

(d) CMDs/MDs/Functional Directors in State PSE: through the concerned Administrative Secretary and Cadre Controlling Authority, if any, of the State Government;

(e) Below Board level in SPSE: through the concerned SPSE;

(f) Private Sector: directly to the PESB.

2. Applicants from Private Sector must submit the following documents along with the application form:

(a) Annual Reports of the Company in which currently working for the 3 financial years preceding the calendar year in which the post is advertised (please provide URL or attach/enclose copies);

(b) Whether the company is listed or not; if yes, the documentary proof (please provide URL or attach/enclose copies);

(c) Evidence of working at Board level or at least a post of the level immediately below the Board level;

(d) Self-attested copies of documents in support of age and qualifications;

(e) Relevant Jobs handled in the past with details.


Important Dates:

Published on: 29 April 2022

Last date for application is: 07 July 2022

For more details, please refer to official notification at

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About Public Enterprises Selection Board Recruitment

About Public Enterprises Selection Board

The Public Enterprises Selection Board [P.E.S.B] is a high powered body constituted by Government of India Resolution dated 3.3.1987 which was subsequently amended from time-to-time, the latest being on 11.11.2008. The P.E.S.B has been set up with the objective of evolving a sound managerial policy for the Central Public Sector Enterprises and, in particular, to advise Government on appointments to their top management posts.

Functions of P.E.S.B
Specific functions assigned to the P.E.S.B include the following :
To be responsible for the selection and placement of personnel in the posts of Chairman, Managing Director or Chairman-cum-Managing Director (Level-I), and Functional Director (Level-II) in PSEs as well as in posts at any other level as may be specified by the Government;
To advise the Government on matters relating to appointments, confirmation or extension of tenure and termination of services of the personnel of the above mentioned levels;
To advise the Government on the desired structure at the Board level, and, for senior management personnel, for each PSE or group of PSEs;
to advise the Government on a suitable performance appraisal system for both the PSEs and the managerial personnel in such enterprises;
To build a data bank containing data relating to the performance of PSEs and its officers;
To advise the Government on formulation and enforcement of a code of conduct and ethics for managerial personnel in PSEs;
To advise the Government on evolving suitable training and development programs for management personnel in PSEs.

Official Address:
501, Block No. 14, CGO Complex, Lodhi Road, New Delhi - 110003 New Delhi, Delhi 110003
Phone: 011-2436 1230
Fax: 24361630

Frequently Asked Questions (FAQs)

How many vacancies are there?

There are 1 vacancies in total. Director: 1 Posts,

What is the Pay Scale for Director?

The Payscale is as follows Director: INR 160000 - 290000,

When can I can apply for Director job at Public Enterprises Selection Board

You can go through the offical document provided, and follow the instructions to apply online. Always follow the dates mentioned in the official PDF.

Where will I be placed if selected?

The selected candidate will be placed in 501 Block No. 14 CGO Complex Lodhi Road, New Delhi

What is Public Enterprises Selection Board Director: 1 Posts, Application Last Date

The last date to apply for Public Enterprises Selection Board Director: 1 Posts, is 7th July, 2022

How can I apply for this job?

Complete information regarding this job is given on this page. Link to official document is also provided. The candidates are adivsed to go through it thorouly before Apply Online. If the job interests you and you are eligible for Director, then click on the apply online link given below. You can apply online. Remember the last date to apply for this job is 7th July, 2022