BEML Director (Finance) Recruitment 2026: Complete Guide to ₹18-34 Lakh Salary Job

BEML, a Government of India Maharatna company in defence, mining, and rail equipment, has invited applications for the Board-level post of Director (Finance), one of the most senior and prestigious finance roles in the public sector.

The post offers an IDA pay scale of ₹18,000–34,000 per month plus PSU-level benefits, with a tenure of five years or up to age 60, and involves leading the company’s entire financial strategy, accounts, and compliance functions.

Eligible candidates must be at least 45 years old, currently employed in senior roles in CPSEs, government, banks, large state PSUs, or private companies (₹2,000 crore turnover), and have strong qualifications such as CA, Cost Accountant, or MBA (Finance), along with at least five years of senior-level finance experience. Applications must be submitted through the PESB website by February 18, 2026, with strict documentation, vigilance clearance, and a mandatory undertaking to join if selected, as refusal can lead to a two-year debarment from CPSE board roles.

BEML Director (Finance) Job Alert: Premium Opportunity for Finance Professionals

Bharat Earth Movers Limited (BEML), a Maharatna-status defense and mining equipment manufacturer, has announced a high-profile recruitment for Director (Finance). This Board-level position represents one of India’s most coveted senior management roles, with a lucrative salary package of ₹18,000-34,000 per month (IDA) and significant career advancement potential.

If you’re a Chartered Accountant, Cost Accountant, or MBA Finance professional working in a senior capacity, this comprehensive guide will walk you through the entire application process, eligibility criteria, and success strategies.

About BEML: Government Enterprise with Strong Financial Performance

BEML Limited operates as a Government of India enterprise with substantial manufacturing capabilities across multiple states. The company maintains operational facilities in Karnataka (Bangalore, Kolar Gold Fields, and Mysore) and Kerala (Palakkad), serving three major business verticals: Defence & Aerospace, Mining & Construction, and Rail & Metro.

Financial Snapshot (FY 2024-25):

• Revenue from operations: ₹4,022 crores
• Profit before tax: ₹405.43 crores
• Net worth: ₹2,854 crores
• Manpower strength: 4,761 regular employees

The organization has earned ISO 9001-2015 certification across all manufacturing divisions and operates 12 Strategic Business Units (SBUs) plus 2 micro SBUs, demonstrating operational sophistication and market diversification.

BEML Director (Finance) Position: Role & Responsibilities

The Director (Finance) position is a critical Board-level role with direct reporting to the Chairman and Managing Director. This executive will oversee all finance and accounts functions, including policy formulation, financial strategy development, and organizational fiscal management.

Key Responsibilities:

• Lead corporate financial management and accounts division
• Develop and formulate finance policies
• Oversee financial strategy implementation
• Board-level decision-making on fiscal matters
• Ensure compliance with regulatory requirements

BEML Director (Finance) Salary & Benefits Package

Additional Benefits (Typical for PSU Board Directors):

• Performance-linked incentives
• Medical insurance coverage
• Pension benefits
• Residential facility (depending on posting)
• Travel and conveyance allowances

BEML Director (Finance) Eligibility Criteria: Complete Checklist

Age Requirement

All candidates must be below the age of superannuation (60 years) on the date of vacancy.

Educational Qualifications

BEML requires candidates to possess one of the following qualifications:

1. Chartered Accountant (CA) – Preferred qualification with highest preference
2. Cost Accountant (CA) – Equivalent professional qualification
3. MBA/PGDM in Finance – Full-time degree with specialization in Finance, good academic record from recognized institution

Important Exception: Officers from organized Group ‘A’ Accounts Services (IAAS, IDAS, IRAS, ICAS, IP&T, ICAS) and Central Government Group ‘A’ officers from Armed Forces or All India Services are exempt from educational qualification requirements if they meet experience criteria.

Employment Status & Current Position

Candidates must meet specific employment criteria:

Eligible Current Employers:

• Central Public Sector Enterprises (CPSE) – including full-time Board-level Directors
• Central Government Group ‘A’ officers (Armed Forces, All India Services)
• Public Sector Banks, Financial Institutions, Autonomous Bodies
• State Public Sector Enterprises with minimum annual turnover of ₹2,000 crores
• Private Sector companies with minimum annual turnover of ₹2,000 crores

Note: Turnover calculated as average audited annual turnover for three preceding financial years

Eligibility Position Requirements:

BEML Director (Finance) Experience Requirements

Essential Experience Criteria

Candidates must possess minimum 5 years of cumulative experience at senior management level during the preceding 10 years in one of these domains:

• Corporate Financial Management
• Corporate Accounts
• Government Financial Management

This experience must be from an organization of established reputation.

Specific Requirements by Candidate Category

For Officers from Organized Group ‘A’ Accounts Services & Government/Armed Forces:

Option A (With Qualification):

• Chartered Accountancy or Cost Accountancy, OR
• MBA/PGDM specialization in Finance
• PLUS 5 years cumulative senior-level experience in Financial Management or Corporate Accounts

OR

Option B (Experience-Only):

• 5 years cumulative senior-level experience in Corporate Financial Management or Government Financial Management (no formal finance qualification required)

Application Process: Step-by-Step Guide

Timeline & Deadlines (Critical!)

Application Submission Methods

BEML has made the application process straightforward with two options:

Option 1: Online Submission (Recommended)

1. Visit https://pesb.gov.in/
2. Fill the application form online
3. Submit directly through the portal

Option 2: Print & Offline Submission

1. Visit https://pesb.gov.in/
2. Complete the online application form
3. Print the form
4. Submit through proper channel (see below)

Application Submission Channels by Category

Your submission route depends on your current employment:

Central Government Group ‘A’ Officers / Armed Forces / All India Services:

• Submit through your Cadre Controlling Authority

Public Sector Banks / Financial Institutions / Autonomous Bodies:

• Submit through Administrative Ministry/Department of Government of India

CPSE CMDs/MDs/Functional Directors:

• Submit through concerned Administrative Ministry

CPSE Officers Below Board Level:

• Submit through your current CPSE

State PSE CMDs/MDs/Functional Directors:

• Submit through State Administrative Secretary and Cadre Controlling Authority

State PSE Officers Below Board Level:

• Submit through your State PSE

Private Sector Candidates:

• Submit directly to PESB (Public Enterprises Selection Board)

Application Address

All applications must be addressed to:

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

Documents Required: Complete Checklist

Required Documents for All Candidates

• Duly filled application form (available on PESB website)
• Self-attested copies of educational certificates (CA/Cost Accountant/MBA degree)
• Age proof (birth certificate or school leaving certificate)
• Employment verification documents
• Previous job positions and detailed experience documentation

Additional Documents for Private Sector Candidates

Private sector applicants must submit additional documentation:

1. Company Annual Reports – Copies or URLs for three financial years preceding the advertisement year (2023, 2024, 2025 financial years)
2. Stock Exchange Listing Certificate – Documentary proof if company is listed (BSE/NSE)
3. Position Verification – Evidence proving current employment at Board level or one level below Board
4. Qualification Documents – Self-attested copies of:
   • Educational certificates
   • Chartered Accountancy/Cost Accountancy certificate
   • MBA/PGDM degree with Finance specialization
   • Academic transcripts
5. Experience Documentation – Detailed description of:
   • All relevant positions held
   • Job responsibilities and scope
   • Achievements and contributions
   • Timeline of employment

Vigilance Clearance Requirements

The Cadre Controlling Authority or competent authority must forward only those applications cleared from vigilance perspective, as per DPE guidelines (latest guideline: OM No. F. No. 15(2)/2001-DPE(GM)-FTS-4199 dated 28.10.2025). A prescribed vigilance proforma must accompany the application.

Undertaking & Commitment Requirements

Critical Undertaking Clause

Every applicant MUST provide a written undertaking that they will join the position if selected. Failure to provide this undertaking will result in automatic application rejection.

Post-Selection Consequences by Candidate Category

Central Government Officers / Armed Forces / All India Services / Public Sector Banks:

• Immediate absorption required (cannot defer or negotiate joining)
• If unwilling after interview: 2-year debarment from Board-level positions in any CPSE
• If unwilling after offer: 2-year debarment from Board-level positions in any CPSE

CPSE Candidates (Internal & External):

• If unwilling after interview: 2-year debarment from Board-level positions in other CPSEs
• If unwilling after offer: 2-year debarment from Board-level positions in other CPSEs

State PSE & Private Sector Candidates:

• If unwilling after interview: 2-year debarment from Board-level positions in any CPSE
• If unwilling after offer: 2-year debarment from Board-level positions in any CPSE

No relaxations are available for these debarment conditions under any circumstances.

BEML Director (Finance): Success Strategy & Key Takeaways

Who Should Apply?

This role is ideal for:

• Chartered Accountants with 15+ years total experience (5+ at senior level)
• Cost Accountants with strong PSU or corporate experience
• MBA Finance professionals in senior management roles
• Government Finance officers seeking PSU postings
• Public sector banking professionals with financial expertise

Why This Role Is Attractive

1. Prestige & Authority – Board-level position with strategic influence
2. Competitive Compensation – ₹2.16-4.08 lakhs base salary plus benefits
3. Career Pinnacle – Highest professional achievement for finance professionals
4. Stability – 5-year appointment tenure with pension benefits
5. Government Recognition – G-rated public enterprise with strong financial health

Critical Application Tips

• Missing Deadline = Rejection – Applications received after February 18, 2026 (3:00 PM) will be rejected without exception
• Incomplete Applications = Rejection – Ensure all mandatory documents are attached
• Channel Matters – Submit through correct authority (not directly to PESB unless private sector)
• Vigilance Profile – Cadre authorities must provide vigilance clearance proforma
• Quality Undertaking – Provide genuine commitment to join if selected

Timeline Preparation Checklist

FAQs: BEML Director (Finance) Recruitment

Q: Can I apply if I’m currently unemployed?
A: No. You must be employed in a regular (not contractual or ad-hoc) capacity on both the application date and interview date in one of the specified organizations.

Q: Is MBA Finance from distance learning acceptable?
A: The qualification must be from a full-time MBA/PGDM program from a recognized institution with good academic record. Distance learning typically does not qualify unless the institution is recognized.

Q: What if my company’s turnover is borderline ₹2,000 crores?
A: The three-year average audited turnover must meet or exceed ₹2,000 crores. Borderline cases should submit detailed financial documents for verification.

Q: Can I apply from the private sector without formal finance qualification?
A: No. Private sector candidates must have CA, Cost Accountancy, or MBA/PGDM Finance qualification. Government officers have exemptions available with relevant experience.

Q: What’s the difference between internal and external candidates?
A: Internal (CPSE) candidates need 45 years age + 2 years residual service. External candidates need 45 years + 3 years residual service.

Q: Is the ₹18,000-34,000 salary final, or could there be more?
A: This is the IDA pay scale mentioned in the recruitment. Actual package includes various allowances and benefits typical for PSU Board positions, but base pay follows this scale.

Conclusion: Is BEML Director (Finance) the Right Move for You?

The BEML Director (Finance) position represents a pinnacle career opportunity for senior finance professionals in India. With a combination of prestigious Board-level authority, financial security, and government enterprise stability, this role attracts India’s top finance talent.

Success requires:

• Genuine eligibility across all criteria
• Meticulous documentation and application preparation
• Submission through correct channels by deadlines
• Authentic commitment to join if selected

Given the competition for such premium roles in India’s government enterprises, candidates should ensure they meet all criteria before investing application effort. The 2-year debarment for unwilling candidates signals serious commitment required from applicants.

For eligible professionals planning 2026 career advancement, the BEML recruitment represents a golden opportunity to transition into strategic government enterprise leadership within finance—a rare and career-defining role.

Application Portal: https://pesb.gov.in/
Advertisement Number: 16/2026
Position: Director (Finance), BEML Limited
Salary: ₹18,000-34,000/month (IDA)
Application Deadline: February 18, 2026