REC Limited Director (Finance) Vacancy 2025 – Eligibility, Dates, Application Process

REC Finance Director Job 2025: REC Limited, a Maharatna CPSE under the Ministry of Power, has announced a vacancy for the post of Director (Finance), with the position becoming available from February 1, 2026. Eligible candidates — including Chartered Accountants, cost accountants, and finance professionals with MBA/PGDM — must apply by May 30, 2025.

The role offers a high-level board appointment with a pay scale of ₹1,80,000–₹3,40,000 and involves overseeing corporate finance and accounting functions at REC. AUBSP confirms this opportunity as a prestigious leadership role in India’s power sector and urges qualified applicants to apply early through the PESB portal.

REC Limited Invites Applications for the Prestigious Post of Director (Finance)

If you are a high-performing finance professional aiming to contribute at the apex level of one of India’s leading Maharatna CPSEs, here is your golden opportunity. REC Limited (formerly known as Rural Electrification Corporation Limited) has opened the vacancy for the post of Director (Finance), a role that comes with high responsibility and prestige, reporting directly to the Chairman and Managing Director. AUBSP brings you a detailed and comprehensive overview of this critical appointment.

About REC Limited

REC Limited, a Schedule ‘A’ Maharatna CPSE, was established under the Companies Act, 1956 with the mandate to finance rural electrification projects. Today, it finances power sector projects across generation, transmission, and distribution.

With its wholly owned subsidiary — RECPDCL — and administrative oversight from the Ministry of Power, REC plays a vital role in India’s energy infrastructure. It has a workforce of 513 employees and functions as a subsidiary of Power Finance Corporation Limited.

Job Profile for REC Ltd Finance Director Hiring 2025

As Director (Finance), the incumbent will be a key member of the Board of Directors. Responsibilities include overseeing corporate finance, accounting, and financial policy formulation and implementation. The role demands strategic financial leadership, ensuring compliance, fiscal prudence, and supporting business growth objectives.

REC Director Finance Vacancy 2025 Eligibility Criteria

Age Limits

Educational Qualification

Essential: CA / CMA / Full-time MBA/PGDM (Finance specialization) with good academic record.

Preference: Chartered Accountants.

Exemptions: Group ‘A’ Accounts Services and eligible Central Government officials may be exempted under specific conditions.

Employment Status

Applicants must be employed in a regular capacity (not contractual/ad-hoc) in:

• CPSEs (including functional directors)
• Central Govt. Group ‘A’ Officers / All India Services / Armed Forces
• Public Sector Banks / Financial Institutions
• SPSEs or Private Companies with ≥ ₹10,000 Cr turnover

Experience

Minimum of 5 years cumulative experience at senior level in Corporate Financial Management / Accounts during the last 10 years (7 years for Armed Forces/Central Govt. personnel).

Eligible Pay Scales

Applicants must meet service and pay scale criteria depending on their organization type, as outlined by PESB. These include various IDA and CDA scales, including:

• ₹120000-280000 (IDA) Post-2017
• ₹144200-218200 (Level 14, CDA) Post-2016

Duration of Appointment

The appointment tenure will be 5 years, or until superannuation or further orders — whichever occurs earlier.

How to Apply for Finance Director Opening at REC Limited

Step-by-step guide on how to apply for the post of Director (Finance) at REC Limited, as per the PESB official notification:

1. Visit the PESB Website
   • Go to the official new PESB portal and login after registration: https://pesb.gov.in/
2. Locate the Vacancy
   • Look for the advertisement titled “Director (Finance) – REC Limited” under the ‘Vacancies’ section.
3. Choose the Application Mode
   You can apply through either of the following methods:
   • Online Application with Online Forwarding (preferred for Central Govt./CPSEs/State Govt.)
   • Online Application with Hardcopy Forwarding (if digital forwarding is not possible)
4. Complete the Online Form
   • Fill in all mandatory fields carefully including personal details, qualifications, experience, and current employment details.
   • Upload necessary scanned documents (passport-size photo, qualifications, etc.).
5. Submit the Application Online
   • Submit the form online before the deadline: May 30, 2025 (03:00 PM).
6. Forwarding Through Proper Channel
   • Ensure your employer forwards your application to PESB through their Nodal Officer by June 9, 2025 (05:00 PM).
   • If online forwarding is not done, send a hard copy of the application (printout of the online submission) to the PESB office.

📤 Postal Address for Hardcopy Submission

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

AUBSP strongly advises all applicants to apply well before the deadline to avoid last-minute issues and to ensure their application is properly forwarded.

All candidates must provide an undertaking to join if selected. Failure to do so, either post-interview or after offer issuance, will result in 2 years of debarment from consideration for any board-level CPSE positions.

FAQs on REC Limited Director (Finance) Recruitment 2025

What is the vacancy announced by REC Limited?
REC Limited has announced a board-level vacancy for the position of Director (Finance), effective from February 1, 2026.

Who can apply for the Director (Finance) post in REC Limited?
Finance professionals with a CA, CMA, or full-time MBA/PGDM (Finance specialization) and at least five years of senior-level experience in corporate financial management can apply, subject to other eligibility criteria.

What is the last date to apply for this post?
The last date for submitting applications is May 30, 2025, by 03:00 PM.

When will the vacancy arise?
The position of Director (Finance) at REC Limited will become vacant on February 1, 2026.

What is the pay scale for the Director (Finance) position?
The selected candidate will be paid a salary in the scale of ₹1,80,000 – ₹3,40,000 (IDA).

What are the essential qualifications for this role?
Candidates must be Chartered Accountants, Cost Accountants, or hold a full-time MBA/PGDM with a specialization in Finance and a strong academic record.

Are government employees eligible to apply?
Yes, Central Government officers, Group ‘A’ services, and Armed Forces personnel with adequate experience can apply, subject to service and scale eligibility.

Can private sector candidates apply for the position?
Yes, private sector professionals with at least ₹10,000 crore turnover experience and board-level or equivalent senior roles are eligible.

What is the age limit to apply?
The minimum age is 45 years. Internal candidates must have at least 2 years of residual service, and external candidates must have 3 years, before superannuation (60 years).

Where is the job location?
The position is based at REC Limited’s Corporate Office in New Delhi and the Registered Office in Gurgaon.

What is the duration of the appointment?
The appointment is for five years from the date of joining or until the age of superannuation or further orders, whichever comes first.

What is the mode of application submission?
Applications can be submitted online via the PESB website. A hard copy may also be sent through proper channels if not digitally forwarded.

What documents are required for private sector applicants?
Private sector applicants must submit annual reports for the last three years, proof of listed status, employment proof, and documents supporting qualifications and experience.

What happens if a selected candidate refuses to join?
The candidate will be debarred from applying for any Board-level CPSE post for two years.

What is the forwarding deadline for Nodal Officers?
The deadline for Nodal Officers to forward applications is June 9, 2025, by 05:00 PM.

Where should hardcopy applications be sent?
Applications must be addressed to the Secretary, Public Enterprises Selection Board, Public Enterprises Bhawan, Block No. 14, CGO Complex, Lodhi Road, New Delhi – 110003.

Who does the Director (Finance) report to?
The Director (Finance) reports directly to the Chairman and Managing Director of REC Limited.

What type of company is REC Limited?
REC Limited is a Maharatna Central Public Sector Enterprise (CPSE) under the Ministry of Power, engaged in financing power sector infrastructure projects.

Is there any reservation or relaxation in criteria?
All candidates must meet the prescribed eligibility. Any exemptions for government officers are specified in the official notification.

What is the official website for application submission?
Candidates must apply via the official PESB website: https://pesb.gov.in/

AUBSP encourages qualified and ambitious finance professionals to seize this opportunity to join REC Limited, a key player in India’s energy infrastructure sector. With attractive compensation, career prestige, and impactful responsibilities, this Board-level position offers not only growth but also a chance to shape national development. AUBSP reaffirms the authenticity and significance of this vacancy and urges eligible applicants to apply well before the deadline.