PESB Invites Applications for Director (Finance) Post at Konkan Railway

New Delhi: Konkan Railway Corporation Limited (KRCL), a leading Schedule ‘A’ Central Public Sector Enterprise under the Ministry of Railways, has announced a vacancy for the position of Director (Finance). The Public Enterprises Selection Board (PESB) has issued a detailed advertisement inviting applications from qualified professionals for this board-level role.

The position, which falls vacant from June 1, 2026, is one of the top leadership roles in the organization, responsible for the corporation’s entire finance, accounts, funds management, and additionally overseeing IT, HR, Company Secretary, and Medical departments.

Key Details of the Position:

Post: Director (Finance)
Organization: Konkan Railway Corporation Limited (KRCL)
Pay Scale: Rs. 1,80,000 – 3,40,000 (IDA)
Tenure: Five years or up to superannuation (age 60)
Vacancy Date: June 1, 2026
Application Deadline: February 6, 2026 (by 3:00 PM)

Eligibility Criteria:

Age: Maximum 45 years for internal candidates, 45 years for others, with minimum residual service of 2–3 years as on the date of vacancy.
Qualifications: Chartered Accountant, Cost Accountant, or full-time MBA/PGDM in Finance. Preference will be given to Chartered Accountants. Officers from organized Group ‘A’ Accounts Services are exempt from these qualifications if they have relevant experience.
Experience: At least five years of cumulative senior-level experience in corporate financial management or accounts in the last ten years.

Who Can Apply:

Applications are invited from:

Senior executives in Central Public Sector Enterprises (CPSEs)
Central Government Group ‘A’ officers, Armed Forces, All India Services
Officers from Public Sector Banks, Financial Institutions, Autonomous Bodies
Executives from State PSEs (with annual turnover ≥ Rs. 2,000 crore)
Private sector professionals (from companies with annual turnover ≥ Rs. 2,000 crore)

About Konkan Railway:

Established in 1991, KRCL is renowned for constructing and operating the 760-km Konkan Railway route between Roha and Mangalore. With over 5,000 employees and a paid-up capital of Rs. 2,351.34 crore, the corporation is also engaged in several national and international rail infrastructure projects, including the USBRL, port connectivity projects, and overseas consultancy in Kenya.

How to Apply:

Interested candidates must submit their applications through the PESB portal (https://pesb.gov.in/) by the deadline. Applications require proper channel forwarding as per candidate category, along with vigilance clearance.

This recruitment marks a significant opportunity for finance professionals to lead the financial strategy of a strategically important rail corporation instrumental in India’s coastal connectivity and infrastructure growth.