SJVN Director (Finance) Recruitment 2025: Eligibility, Salary, Apply Online

SJVN Limited, a Navratna CPSE under the Ministry of Power, has announced the Director (Finance) Recruitment 2025 for a prestigious Board-level role with a pay scale of Rs. 1,80,000–3,40,000 (IDA) and a tenure of five years or up to superannuation.

Eligible Chartered Accountants, Cost Accountants, or MBA (Finance) professionals with senior-level corporate financial management experience and currently employed in CPSE, Central/State Government, Armed Forces, or large private companies can apply online through the PESB portal by August 11, 2025.

The role involves overall charge of finance and accounts, policy formulation, and financial strategy implementation within SJVN’s pan-India and Nepal operations. For detailed guidance, key dates, and structured application support, follow this authentic AUBSP guide.

SJVN Director (Finance) Recruitment 2025: Complete Guide

Dear reader,
If you are aiming for a prestigious Board-level position in India’s power sector, the Director (Finance) vacancy at SJVN Limited offers an excellent career opportunity with strong growth potential.

In this AUBSP guide you will understand eligibility, key dates, application process, pay scale, and responsibilities precisely.

About SJVN Limited

SJVN Limited, a Navratna CPSE under the Ministry of Power, Government of India, was incorporated on May 24, 1998, as a joint venture between the Government of India (55%) and Government of Himachal Pradesh (26.85%), with the remaining 18.15% held by the public.

It has evolved into a fully diversified energy company in hydro, solar, wind, thermal, transmission, and power trading with a pan-India and Nepal presence.

Key Highlights

• Navratna CPSE status since August 30, 2024
• Project portfolio: 92 projects, 67,907 MW + 340 km transmission lines
• Operating projects: 12 projects (2786.5 MW), 2 transmission lines (123 km)
• Projects under construction: 17 projects (4616 MW), 3 transmission lines (268 km)
• Total employees (as of 31.03.2025): 1365 (838 Executives, 527 Non-Executives)
• Registered office: Shimla, Himachal Pradesh

Important Dates

Roles and Responsibilities

As per AUBSP’s analysis, the Director (Finance) role at SJVN is a prestigious, high-impact Board-level position reporting directly to the Chairman and Managing Director. The responsibilities include:

• Overall charge of finance and accounts of SJVN.
• Formulating and evolving policies related to finance and accounts.
• Implementation of financial management frameworks.
• Supporting the Board with financial insights for strategic decisions.

Eligibility Criteria

Age Criteria

• Minimum: 45 years
• Residual service requirement:
  • Internal: 2 years
  • Others: 3 years

Employment Status

Applicants must be currently employed in regular capacity in:

• CPSE (including full-time functional Director),
• Group ‘A’ Central Government Officers (including Armed Forces, All India Services),
• State PSE with annual turnover of Rs. 5000 crore or more,
• Private companies with annual turnover of Rs. 5000 crore or more.

Educational Qualification

• Chartered Accountant (preferred),
• Cost Accountant,
• Full-time MBA/PGDM (Finance specialization) from a recognized university/institution.

Note: Group ‘A’ Accounts Services officers, Central Government, Armed Forces, and All India Services officers are exempt but relevant experience in corporate financial management is mandatory.

Experience Requirement

• At least 5 years of senior-level experience in the last 10 years in corporate financial management/corporate accounts.
• For Central Govt./Armed Forces/All India Services: 7 years cumulative senior-level experience in the last 10 years in relevant areas.

Pay Scale and Benefits

• The pay scale for the Director (Finance) at SJVN is Rs. 180000 – 340000 (IDA).
• Candidates from CPSEs, Group ‘A’ Officers, Banks/Financial Institutions, and the Armed Forces must meet eligible scale and service conditions as per the official notification.
• Additional benefits include company-provided medical facilities, travel concessions, and leave entitlements as per SJVN norms.

Duration of Appointment

The appointment will be:

• For 5 years from the date of joining,
• Up to the date of superannuation,
• Or until further orders, whichever is earlier.

Application Process

You can apply online through the PESB website https://pesb.gov.in/.

Two methods:

1. Online Forwarding:
   • Fill the application online and forward through proper channels (Cadre Controlling Authority/Administrative Ministry).
2. Offline Submission:
   • Fill the application online, print, and send via post through the proper channel.

Documents required for private sector applicants:

• Annual reports for the last 3 years,
• Proof of company listing (if applicable),
• Board-level position evidence,
• Self-attested age and qualification proof,
• Details of relevant jobs handled.

Debarment Clause

If an applicant expresses unwillingness to join after the interview or after receiving an offer, he/she will be debarred for 2 years from applying for any Board-level CPSE post.

Contact for Correspondence

All applications and queries should be addressed to:

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

FAQs on SJVN Director (Finance) Recruitment 2025

What is the position announced by SJVN in 2025?
SJVN has announced the recruitment for the post of Director (Finance), a prestigious Board-level role in the organization.

What is the pay scale for the Director (Finance) at SJVN?
The pay scale is Rs. 1,80,000 – 3,40,000 (IDA) along with other allowances and benefits as per company norms.

What is the tenure of the Director (Finance) position?
The tenure will be five years from the date of joining or up to the date of superannuation or until further orders, whichever is earlier.

What is the last date to apply for the SJVN Director (Finance) post?
The last date for submission of applications by applicants is August 11, 2025, by 03:00 PM.

What is the last date for nodal officers to forward applications to PESB?
The last date for forwarding applications by nodal officers is August 20, 2025, by 05:00 PM.

What is the age limit for the Director (Finance) post at SJVN?
The minimum age is 45 years, with a requirement of 2 years residual service for internal candidates and 3 years residual service for others.

What is the age of superannuation for this post?
The age of superannuation is 60 years.

Who is eligible to apply for this post?
Candidates currently employed in CPSE, Central Government Group ‘A’ services, Armed Forces, State PSE with turnover of Rs. 5000 crore or more, or private sector companies with similar turnover can apply.

Is the post open to private sector candidates?
Yes, candidates from the private sector with an annual turnover of Rs. 5000 crore or more and relevant board-level experience can apply.

What educational qualifications are required for this post?
The applicant should be a Chartered Accountant, Cost Accountant, or hold a full-time MBA/PGDM in Finance from a recognized university/institution, with preference for Chartered Accountants.

Are there exemptions in educational qualifications for any candidates?
Officers from Organized Group ‘A’ Accounts Services, Central Government, Armed Forces, and All India Services are exempt from the educational qualification requirement if they have relevant experience.

What experience is required for this role?
Applicants should have at least five years of senior-level experience in corporate financial management or corporate accounts in the last ten years, while Central Government and Armed Forces officers need seven years of relevant experience.

What is the present authorized and paid-up capital of SJVN?
As of March 31, 2025, the authorized capital is Rs. 7,000 crore, and the paid-up capital is Rs. 3,929.80 crore.

Where is the registered office of SJVN located?
The registered office is located in Shimla, Himachal Pradesh.

How many employees does SJVN currently have?
SJVN employs 1,365 personnel, including 838 executives and 527 non-executives.

What are the main responsibilities of the Director (Finance) at SJVN?
The Director (Finance) will oversee finance and accounts, evolve and implement financial policies, and assist in strategic decisions as a Board member.

How can one apply for the SJVN Director (Finance) post?
Applications can be submitted online through the PESB website, and candidates may either forward them online or print and send them offline after online submission through the proper channel.

Is there a debarment clause if a candidate declines after selection?
Yes, if a candidate declines to join after the interview or after receiving the offer, they will be debarred for two years from applying for Board-level CPSE positions.

What documents are required from private sector applicants?
They need to submit the annual reports of their company for the last three financial years, proof of company listing if applicable, evidence of Board-level position, age and qualification proof, and details of relevant past jobs.

Can applications be sent directly by private sector candidates?
Yes, private sector candidates can send applications directly to PESB along with the required documents.

What is the project portfolio of SJVN currently?
SJVN has 92 projects totaling 67,907 MW and 3 transmission lines totaling 340 km, with 12 projects (2786.5 MW) and 2 transmission lines (123 km) operational, and 17 projects (4616 MW) and 3 transmission lines (268 km) under construction.

When did SJVN receive Navratna status?
SJVN was granted Navratna CPSE status on August 30, 2024.

Is there a preferred qualification for the post?
Yes, preference is given to candidates who are Chartered Accountants.

Where should applications and correspondence be addressed?
Applications should be addressed to the Secretary, Public Enterprises Selection Board, Public Enterprises Bhawan, Block No. 14, CGO Complex, Lodhi Road, New Delhi-110003.

Can a candidate apply offline without online registration?
No, candidates must first fill the application online on the PESB portal before taking a printout for offline submission.

Is the Director (Finance) position a Board-level role?
Yes, it is a prestigious Board-level position reporting to the Chairman and Managing Director.

Will there be an interview for the selection process?
Yes, shortlisted candidates will be called for an interview as part of the selection process.

Does SJVN have operations outside India?
Yes, SJVN has a presence in Nepal for hydro and transmission projects.

Is there a specific format for the application?
Yes, candidates must fill the application in the format provided on the PESB website.

If you are targeting leadership roles in India’s energy sector, the Director (Finance) position at SJVN Limited is a prestigious and stable career opportunity with impactful contributions to India’s power and infrastructure development.