FACT Director Finance Recruitment 2026

About This Job

FACT is hiring 1 Director (Finance) through the Public Enterprises Selection Board (PESB). If you are a CA, Cost Accountant or full-time MBA/PGDM Finance with senior finance experience, you can apply online through PESB. The last date for applicants is 16 June 2026 by 3:00 PM, and the pay scale is Rs. 1,80,000 to Rs. 3,40,000 per month in IDA pattern. This is a Board-level finance leadership role in a Schedule A CPSE under the Department of Fertilizers.

FACT Director Finance Recruitment 2026 - 1 Post

The Fertilisers and Chemicals Travancore Limited (FACT) has issued Advertisement No. 56/2026 for the post of Director (Finance). FACT is a Schedule A Central Public Sector Enterprise under the Ministry of Chemicals and Fertilizers, working in fertilisers, petrochemicals, engineering consultancy and industrial equipment fabrication. The Director (Finance) is a member of the Board of Directors and reports to the Chairman and Managing Director.

The company profile in the notice states that FACT was incorporated in 1943, started production in 1947, and has registered and corporate offices at Eloor, Udyogamandal, Ernakulam, Kerala. Government of India shareholding is listed as 98.56% as on 1 January 2026. This role is meant for senior finance professionals who can handle corporate finance, accounts, compliance, enterprise risk and strategic financial policy.

Who Can Apply?

Qualification

• Required: Chartered Accountant, Cost Accountant, or full-time MBA/PGDM with Finance specialisation from a recognised university or institution.
• Preference: Preference will be given to Chartered Accountants.
• Exemption: Officers from organised Group A Accounts Services and eligible Central Government/Armed Forces/All India Services officers can be exempted from the education condition if they meet the relevant experience condition.

Experience

• You need at least 5 years of cumulative senior-level experience during the last 10 years in Corporate Financial Management or Corporate Accounts.
• For Government, Armed Forces and All India Services applicants, the notice allows either the finance qualification with relevant experience or 5 years senior-level experience in the same area.

Employment Status

• You must be employed in a regular capacity on the date of application and interview.
• Eligible sources include CPSEs, Central Government Group A services, Armed Forces, All India Services, Public Sector Banks, Financial Institutions, Autonomous Bodies, State PSEs, Private Companies, JVs and Federations that meet the turnover or level conditions.

Age Limit

• Minimum age is 45 years as on the date of vacancy, which is 3 February 2026.
• Internal candidates need at least 2 years residual service up to superannuation.
• Other candidates need at least 3 years residual service up to superannuation.
• The CPSE age of superannuation mentioned in the notice is 60 years.

Salary

• Pay scale: Rs. 1,80,000 to Rs. 3,40,000 per month (IDA pattern).
• The post is for a Schedule A CPSE.
• Selected candidates will also get allowances and benefits as applicable to Board-level CPSE appointments.

Application Fee

• No application fee is mentioned in the PESB job description.
• You should still keep all service, qualification, experience and vigilance documents ready for proper-channel forwarding.

Selection Process (No Written Exam)

Selection will be handled by PESB. The notice does not mention a written test.

1. Application Scrutiny: PESB checks age, qualification, employment status, pay scale and experience.
2. Shortlisting: The Board may shortlist applicants based on its guidelines.
3. Interview: Shortlisted candidates are called for a PESB interview.
4. Final Approval: Recommendation, vigilance clearance and government approval are completed before appointment.

Tenure: The appointment is for 5 years from the date of joining, or up to superannuation, or until further orders, whichever is earlier.

How to Apply

1. Go to the PESB portal at pesb.gov.in.
2. Fill the online application against the FACT Director (Finance) job description.
3. Submit the online application before 16 June 2026 by 3:00 PM.
4. If you apply through proper channel, ensure your organisation forwards the application with vigilance profile and required documents.
5. The last date for nodal officers, Head of Organisation, competent authority or cadre controlling authority to forward applications is 25 June 2026 by 5:00 PM.
6. Correspondence is addressed to Secretary, Public Enterprises Selection Board, Public Enterprises Bhawan, Block No. 14, CGO Complex, Lodhi Road, New Delhi - 110003.

Important Dates

• Notification Date: 26 May 2026
• Date of Vacancy: 3 February 2026
• Last Date for Applicant Online Submission: 16 June 2026 by 3:00 PM
• Last Date for Proper-Channel Forwarding: 25 June 2026 by 5:00 PM
• Interview Date: To be announced by PESB

• Lead finance and accounts functions as a Board-level Director of FACT
• Prepare and implement financial policies, budgets, costing systems and corporate financial plans
• Oversee financial control, statutory accounts and compliance with corporate and government norms
• Build financial strength through resource planning, fund control and risk-aware decision-making
• Manage Enterprise Risk Management, IT/ERP systems and Company Secretariat functions mentioned in the notice
• Advise the Chairman and Managing Director on finance strategy and business planning
• Ensure compliance with relevant laws and improve finance systems across the organisation