Mishra Dhatu Nigam Limited (MIDHANI), a Schedule B Mini-Ratna CPSE under the Department of Defence Production, Ministry of Defence, has opened recruitment for the post of Director (Finance), a single Board-level vacancy based at its Hyderabad headquarters in Telangana. The Director (Finance) is a member of the Board of Directors who reports to the Chairman and Managing Director and holds overall charge of the finance and accounts of the organisation, with selection through the Public Enterprises Selection Board.
MIDHANI Director Recruitment 2026
Posted 15 Oct 2026Updated 15 Oct 20267/59/2026-PESB
Total Vacancies
1
Last Date
04 Nov
17 days left
Apply Mode
Online
Contract
Status
Apply Now
Recruitment status
Applications open
Last date 04 Nov 2026 · 17 days left
- Notification14 Oct
- Applications Opentill 04 Nov
About MIDHANI Director (Finance) Recruitment 2026
Job Overview
- Organization
- Mishra Dhatu Nigam Limited
- Advertisement No.
- 7/59/2026-PESB
- Post Name
- Director (Finance)
- Job Location
- Hyderabad, Telangana
- Who Can Apply
- Candidates from anywhere in India
- Job Type
- Contract
- Age Limit
- 40–60 years
- Gender
- All
- Nationality
- Indian
- Experience
- 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.
- Pay Scale
- Rs. 160000 - 290000 (IDA)
- Tenure
- Five years from the date of joining or upto the date of superannuation or until further orders, whichever is earlier
Vacancy Breakdown
Director (Finance)
1
| Post Name | Total |
|---|---|
| Director (Finance) | 1 |
Eligibility Details
Director (Finance) - Qualification and Experience
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 recognized University/Institution. Preference will be given to Chartered Accountant. Officers of Organized Group 'A' Accountant Services (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 the educational qualifications provided they have relevant experience. Applicants 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. Applicants from Organized Group 'A' Accounts Services and Central Government/Armed Forces/All India Services should have either the education qualification of Chartered Accountancy/Cost Accountancy/MBA/PGDM with specialization in Finance with at least five years of cumulative senior level experience in Financial Management/accounts in Government/Corporate Financial Management/Corporate Accounts, or at least five years cumulative senior level experience in Corporate Financial Management/Corporate Accounts.
| Post | Qualification |
|---|---|
| Director (Finance) - Qualification and Experience | 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 recognized University/Institution. Preference will be given to Chartered Accountant. Officers of Organized Group 'A' Accountant Services (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 the educational qualifications provided they have relevant experience. Applicants 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. Applicants from Organized Group 'A' Accounts Services and Central Government/Armed Forces/All India Services should have either the education qualification of Chartered Accountancy/Cost Accountancy/MBA/PGDM with specialization in Finance with at least five years of cumulative senior level experience in Financial Management/accounts in Government/Corporate Financial Management/Corporate Accounts, or at least five years cumulative senior level experience in Corporate Financial Management/Corporate Accounts. |
Age Limit
Age of superannuation 60 years. Minimum age 40 years with 2 years residual service as on the date of vacancy for internal candidates and 3 years residual service for others.
Selection Process
- 1Shortlisting
The Public Enterprises Selection Board shortlists applicants for interview keeping in view the extant guidelines.
- 2Interview
Shortlisted candidates are called for an interview by PESB.
Salary Structure
Rs. 160000 - 290000 (IDA)
How to Apply
- 1Fill the online application form on the PESB website against this job description.
- 2Submit the online application before the deadline.
- 3Have the application forwarded through the proper channel by the nodal officer or competent authority.
- 4Private company applicants must attach annual reports of the three preceding financial years, proof of company listing, evidence of working at Board level or immediately below it, and self-attested copies of age and qualification documents.
Documents to Carry / Upload
•Annual reports of the three financial years preceding the calendar year in which the post is advertised
•Documentary proof of company listing
•Evidence of working at Board level or at least a post immediately below the Board level
•Self-attested copies of documents in support of age and qualifications
•Details of relevant jobs handled in the past
•Vigilance profile in the 13 points proforma prescribed by CVC
Important Details
- The applicant must, on the date of application and on the date of interview, be employed in a regular capacity and not in a contractual or ad-hoc capacity in a CPSE, Central Government Group 'A' service including Armed Forces and All India Services, Public Sector Banks/Financial Institutions/Autonomous Bodies, an SPSE with annual turnover of Rs. 1,000 crore or more, or a private company/JV/Federation with annual turnover of Rs. 1,000 crore or more.
- Central Government officers including Armed Forces, All India Services and officers from Public Sector Banks/Financial Institutions/Autonomous Bodies are eligible only on immediate absorption basis.
- Applications must be submitted online only; applications forwarded in physical form or through e-mail shall be rejected, and incomplete applications or those received after the stipulated date shall be rejected.
Employment Status Eligibility
- Central Public Sector Enterprise (CPSE), including a full-time functional Director in the Board of a CPSE
- Central Government Group 'A' officers including the Armed Forces of the Union and All India Services and officers from Public Sector Banks/Financial Institutions/Autonomous Bodies
- State Public Sector Enterprise (SPSE) where the annual turnover is Rs. 1,000 crore or more
- Private Sector company/Joint Venture/National and State level Cooperative Federations whose annual turnover is Rs. 1,000 crore or more; preference to candidates from listed companies
- The average audited annual turnover of three financial years preceding the calendar year in which the post is advertised is considered for the approved limits
Forwarding of Applications
- Group 'A' Central Government Officers including Armed Forces and All India Services: through Cadre Controlling Authority
- Officers from Public Sector Banks/Financial Institutions/Autonomous Bodies: through their Administrative Ministry/Department of the Govt. of India
- CMDs/MDs/Functional Directors in CPSE: through the concerned Administrative Ministry/Department
- Below Board level in CPSE: through the concerned CPSE
- CMDs/MDs/Functional Directors in State PSE: through the concerned Administrative Secretary and Cadre Controlling Authority of the State Government
- Below Board level in SPSE: through the concerned SPSE
- Applicants from JVs/Federations: through their Nodal Officer/Competent Authority
- Applicants from private companies: directly to PESB
Undertaking and Debarment
An applicant has to give an undertaking as part of the application that he or she will join the post if selected; without it the application is rejected. Candidates who convey unwillingness to join after the interview or after the offer of appointment are debarred for two years from being considered for a Board level post in any CPSE, or in the case of CPSE candidates, in any CPSE other than the one to which they belong. No request for relaxation is entertained.
Vigilance Clearance
The cadre controlling authority or competent authority should forward applications of only those applicants who are clear from the vigilance angle as per DPE guidelines, latest being OM No. 15(2)/2001-DPE(GM)-FTS-4199 dated 28.10.2025. The vigilance profile in the 13 points proforma prescribed by CVC (circular number 10/09/24 dated 06.09.2024) should be attached with the application form.
Frequently Asked Questions
Can private sector candidates apply for the MIDHANI Director (Finance) post?
Yes. Applicants from private companies, joint ventures and federations with an average audited annual turnover of Rs. 1,000 crore or more over the three financial years preceding the advertisement year can apply, and they must be working at Board level or at least immediately below the Board level.
Do Central Government Group 'A' Accountant Service officers need to be Chartered Accountants?
No. Officers of the organised Group 'A' Accountant Services and applicants from the Central Government, Armed Forces of the Union and All India Services are exempted from the educational qualification if they have the required experience.
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