ITI Limited Recruitment 2025: Director (Finance) – A Prestigious Opportunity under PESB

Are you a seasoned finance professional ready to lead at the national level? The Public Enterprises Selection Board (PESB) has released Advertisement No. 105/2025 inviting applications for the coveted post of Director (Finance) at ITI Limited, a premier Schedule ‘A’ Central Public Sector Enterprise (CPSE) under the Department of Telecommunications, Ministry of Communications. This role offers unmatched prestige, responsibility, and impact within India’s strategic telecom infrastructure.

The appointee will serve for five years from the date of joining or until superannuation—whichever comes first. Let’s explore this exceptional opportunity in detail.

About ITI Limited: India’s Telecom Pioneer

Established in 1950, ITI Limited is India’s first public sector telecom company, incorporated under the Mysore Companies Act, 1938, and later renamed under the Companies Act, 1956. The company operates in the Medium and Light Engineering Sector and functions under the administrative control of the Department of Telecommunications.

Headquartered in Bengaluru, Karnataka, ITI Limited boasts advanced manufacturing facilities across Naini, Raebareli, Mankapur, Palakkad, and Bengaluru, complemented by an R&D Centre and 12 Marketing, Services & Project (MSP) Centers nationwide.

As of 31 March 2025, ITI Limited’s:

• Authorized capital: ₹2800 crore
• Paid-up capital: ₹960.89 crore
• Government of India shareholding: 89.97%
• Employee strength: 1334

ITI plays a critical role in supporting the government’s strategic telecommunications initiatives while expanding into next-generation domains like broadband, Internet of Things (IoT), and digital convergence.

Role Overview: Director (Finance)

The Director (Finance) serves as a key member of the Board of Directors and reports directly to the Chairman and Managing Director (CMD). The incumbent will have overall responsibility for Finance, Accounts, and Corporate Secretarial functions, steering the company’s fiscal strategies and ensuring compliance with statutory and corporate norms.

Core Responsibilities

• Develop and implement financial policies and corporate governance frameworks.
• Lead strategic planning, budgeting, and financial forecasting.
• Oversee financial control systems and statutory audits.
• Ensure the timely preparation and submission of financial statements.
• Drive capital efficiency, cost control, and risk management initiatives.
• Advise the Board on business expansion, investments, and sustainability strategies.

This role is pivotal in balancing ITI’s growth ambitions with fiscal discipline and regulatory compliance.

Eligibility Criteria: Qualification and Experience

Educational Qualification

Applicants must hold one of the following:

• Chartered Accountant (CA)
• Cost Accountant (ICWA)
• Full-time MBA/PGDM in Finance from a recognized university/institution with a strong academic record

Preference will be given to Chartered Accountants.

Exemption: Officers from Organized Group ‘A’ Accounts Services, Central Government, Armed Forces, or All India Services may be exempted if they possess equivalent senior-level financial experience as per the notification.

Experience Requirements

Applicants must have a minimum of five years of cumulative experience at a senior level during the last ten years in areas such as:

• Corporate Financial Management
• Corporate Accounting
• Strategic Financial Planning or Treasury Operations

Experience in reputed organizations or CPSEs will be considered an advantage.

Pay Scale, Service Conditions & Tenure

The Director (Finance) position carries the pay scale of ₹25,750–30,950 (Schedule ‘A’). The appointment is for five years, or until superannuation, whichever occurs earlier.

Eligible Pay Scales / Levels

The minimum service in eligible scale is one year (internal candidates) and two years (others) as of the date of vacancy (15.10.2025).

Application Process: Step-by-Step Guide

Applications are to be submitted online only through the PESB website:
👉 https://pesbonline.gov.in/

Applicants can:

1. Fill and submit the form online, forwarding it through the proper channel.
2. Or, fill the form online, print it, and send the signed copy offline via the proper channel.

Routing Channel

• CPSE (Below Board Level): Through the respective CPSE.
• CPSE (CMDs/Directors): Through the Administrative Ministry.
• Central Govt./AIS/AF: Through Cadre Controlling Authority.
• SPSE/Private Sector: Through Administrative Secretary (SPSE) or Direct (Private).

Important Dates to Remember

Applications received after the stipulated date will not be entertained under any circumstances.

Undertaking & Debarment Clause

Every applicant must provide an undertaking to join the post if selected. Applications without this declaration will be summarily rejected.

This clause ensures commitment and accountability in high-level appointments.

Where to Send Applications

All correspondence should be addressed to:

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

Why Apply: AUBSP Career Insight

For finance leaders aspiring to make a national impact, the Director (Finance) role at ITI Limited is an unmatched opportunity. It blends high-level corporate governance with nation-building objectives in India’s telecom sector. Candidates with a track record in strategic finance, government enterprise leadership, or large-scale corporate management are ideally suited.

This role offers not just a career milestone—but a chance to shape India’s digital transformation from the top. If you meet the eligibility norms and have the vision to drive financial excellence at a legacy public enterprise, don’t delay.

👉 Visit https://pesbonline.gov.in

Apply before 20 November 2025 (3:00 PM) and take your place among India’s top public sector leaders.

Stay tuned with AUBSP for verified PESB job alerts, CA & CMA opportunities, and expert guidance for your executive career growth.