NCL Director (Finance) Recruitment 2026

NCL Director (Finance) Recruitment 2026

Northern Coalfields Limited (NCL) - Coal India Limited / Ministry of Coal

Vacancy

1

Salary

₹160,000 - ₹290,000

Job Type

Contract

Full time

Apply By

27 Aug 2026

About This Job

Director (Finance) vacancy in Northern Coalfields Limited. PESB selection for senior officers. Salary Rs. 1,60,000-2,90,000/month. Last date: 27 Aug 2026.

The Public Enterprises Selection Board (PESB) has advertised the post of Director (Finance) at Northern Coalfields Limited (NCL), a Schedule 'B' Central Public Sector Enterprise and a subsidiary of Coal India Limited. Eligible senior officers can apply online through the PESB portal. The last date to apply is 27 August 2026 (3:00 PM). This board-level post carries a pay scale of Rs. 1,60,000 to Rs. 2,90,000 per month under the IDA pay structure.

Northern Coalfields Limited (NCL) Director (Finance) Recruitment 2026 - 1 Post

Northern Coalfields Limited is one of the main coal-producing subsidiaries of Coal India Limited, headquartered at Singrauli in Madhya Pradesh, and holds Miniratna Category-I status. The Public Enterprises Selection Board (PESB), which functions under the Ministry of Personnel, Public Grievances and Pensions, issued the job description for this Director (Finance) vacancy on 6 August 2026. This is a functional director post on NCL's Board — the Director (Finance) heads the company's finance and accounts function and is a key member of the Board of Directors.

Who Can Apply?

  • This is a board-level appointment meant for senior finance officers from the public sector or government, not an entry-level or exam-based recruitment.
  • The complete eligibility criteria — including the required qualification, experience and age limit for the Director (Finance) post — are laid down by PESB in the official job description document for this vacancy.
  • Officers currently working in central PSUs, state PSUs, government departments, or comparable private-sector organisations who meet PESB's criteria can check the detailed job description on the PESB website before applying.

Salary

  • The Director (Finance) of NCL draws a pay scale of Rs. 1,60,000 to Rs. 2,90,000 per month under the IDA (Industrial Dearness Allowance) pay structure applicable to Schedule 'B' CPSEs.
  • You will also get perquisites and allowances as applicable to board-level executives of Schedule 'B' Central Public Sector Enterprises.

Selection Process

The Public Enterprises Selection Board (PESB) manages the recruitment for this post through the following process:

  1. Application Screening: PESB reviews the applications received through its online portal against the eligibility criteria mentioned in the job description.
  2. Interview: Shortlisted candidates are called for a personal interview before the PESB.
  3. Recommendation and Approval: PESB sends its recommendation to the Appointments Committee of the Cabinet (ACC) for final approval before the appointment is confirmed.

How to Apply

  1. Go to the official PESB portal at pesb.gov.in.
  2. Open the "Advertised Vacancies" page and find the Northern Coalfields Limited Director (Finance) listing.
  3. Log in or register through the candidate login option on the portal.
  4. Fill in your application with your service details, qualifications and experience.
  5. Submit your application online before 27 August 2026, 3:00 PM.

Nodal officers of ministries, departments and CPSEs sponsoring internal candidates must register and forward applications by 7 September 2026, 5:00 PM.

Important Dates

  • Job Description Issue Date: 6 August 2026
  • Last Date to Apply Online: 27 August 2026 (3:00 PM)
  • Last Date for Nodal Officers: 7 September 2026 (5:00 PM)

Responsibilities

  • Head the finance and accounts function of Northern Coalfields Limited
  • Prepare and present financial statements, budgets and business plans to the Board
  • Manage capital expenditure, working capital and fund allocation for mining projects
  • Ensure statutory compliance under the Companies Act, tax laws and Coal India norms
  • Drive cost optimization, financial risk management and internal controls
  • Coordinate with Coal India Limited and the Ministry of Coal on financial matters
  • Support Board-level decision-making with financial analysis and reporting
  • Oversee statutory and internal audits across the company

Eligibility Criteria

Minimum Qualification

As per official notification

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Salary & Compensation

Pay Scale

Rs. 1,60,000 - Rs. 2,90,000 per month (IDA), Schedule 'B' CPSE

Allowances

Perquisites and allowances as applicable to board-level executives of Schedule 'B' CPSEs

Selection Process

  1. 1 Interview

How to Apply

Application Mode: Online

Click the "Apply Now" button to visit the official application portal.

Frequently Asked Questions

The last date to apply online is 27 August 2026 at 3:00 PM through the PESB portal.

This is a board-level appointment for senior finance officers from the public sector or government. The full eligibility criteria, including qualification, experience and age limit, are given by PESB in the official job description.

You can apply online through the official PESB portal at pesb.gov.in by registering or logging in on the candidate login page.

The post carries a pay scale of Rs. 1,60,000 to Rs. 2,90,000 per month under the IDA pay structure applicable to Schedule 'B' CPSEs.

PESB screens applications, conducts a personal interview with shortlisted candidates, and sends its recommendation to the Appointments Committee of the Cabinet (ACC) for final approval.

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