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MMTC Limited Invites Applications for Director (Finance)

MMTC Limited, a Schedule "A" Miniratna CPSE, invites applications for the Director (Finance) post through PESB. Apply by January 30, 2026. Check eligibility, experience, and application process.
MMTC Limited Invites Applications for Director (Finance)

MMTC Limited, India’s leading international trading house and a Schedule "A" Miniratna CPSE under the Department of Commerce, Ministry of Commerce & Industry, has announced a vacancy for the post of Director (Finance). The position is open for applications through the Public Enterprises Selection Board (PESB), as per advertisement number 4/2026 dated 09.01.2026.

Company Overview:

MMTC Limited is a pioneer in the export of minerals, ores, bullion, ferrous and non-ferrous metals, fertilizers, and trading in coal and agro commodities. It has a joint venture, MMTC-PAMP India Pvt. Ltd., which operates a precious metal processing facility. As of 30.11.2025, MMTC’s authorized and paid-up capital were ₹200 crore and ₹150 crore respectively, and the company employed 257 regular employees. The Government of India holds 89.9269% of the company’s shareholding.

 

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Role and Responsibilities:

The Director (Finance) will be responsible for overall financial management, accounts, and fund management of the organization. Key responsibilities include:

  • Overseeing finance-related issues and statutory compliance

  • Settlement of legal cases and debt recovery

  • Monetization of company assets

  • Monitoring joint ventures and ensuring compliance with regulations

Eligibility Criteria:

Age:

  • Minimum 45 years on the date of vacancy

  • Residual service of 2 years for internal candidates, 3 years for others

Employment Status:
Candidates must be in regular employment (not contractual) in:

  • CPSEs, Central Government Group ‘A’ Officers, Armed Forces, State PSEs with turnover ≥ ₹2,000 crore, or private sector companies with turnover ≥ ₹2,000 crore

Educational Qualification:

  • Chartered Accountant, Cost Accountant, or MBA/PGDM with finance specialization

  • Officers from organized Group ‘A’ Accounts Services and eligible government officers may be exempted from formal qualifications

Experience:

  • Minimum 5 years of cumulative senior-level experience in Corporate Financial Management or Accounts in the last 10 years

Pay Scale:

  • Rs. 1,80,000 – 3,40,000 (IDA)

Duration of Appointment:

The tenure is 5 years from the date of joining or until superannuation, whichever is earlier. Central Government officers will be considered only on immediate absorption basis.

Application Process:

Interested candidates must submit applications online via PESB: https://pesb.gov.in/. Key dates:

  • Last date for submission of applications: 30.01.2026, 3:00 PM

  • Last date for forwarding applications by nodal officers: 09.02.2026, 5:00 PM

Applicants must apply through the proper channel as specified for CPSEs, Central Government, State PSEs, or private sector organizations. Incomplete applications or submissions after the deadline will be rejected.

 

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Official Address for PESB Correspondence:

Secretary,
Public Enterprises Selection Board,
Public Enterprises Bhawan, Block No. 14, CGO Complex,
Lodhi Road, New Delhi – 110003

For all correspondence related to this vacancy, applicants must address the Secretary, PESB only.

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