NTC Director (Finance) Recruitment 2026

About This Job

National Textile Corporation Limited (NTC) is hiring 1 Director (Finance) through the Public Enterprises Selection Board (PESB). If you are a Chartered Accountant, Cost Accountant or full-time MBA/PGDM in Finance with at least 5 years of senior-level experience, you can apply online. The last date to apply is 3 June 2026 by 3:00 PM. Pay scale is Rs. 75,000-1,00,000 (pre-revised IDA) for this Schedule 'A' CPSE Board-level post.

National Textile Corporation Limited (NTC) Director (Finance) Recruitment 2026 - 1 Post

National Textile Corporation Limited (NTC), a Schedule 'A' Central Public Sector Enterprise under the Ministry of Textiles, has released notification (Advt. No. 50/2026, File No. 7/72/2025-PESB) for the post of Director (Finance). The Director (Finance) will be a member of the NTC Board, reporting to the Chairman and Managing Director, and will be overall in charge of finance and accounts of the organisation. The appointment is for 5 years or until superannuation, whichever is earlier. Senior officers from CPSEs, Central Government, PSBs, Financial Institutions, State PSEs and large private companies/JVs can apply.

Who Can Apply?

Qualification

• You should be a Chartered Accountant (CA) or Cost Accountant (CMA) or hold a full-time MBA/PGDM with specialisation in Finance from a recognised University/Institution
• Preference will be given to Chartered Accountants
• Officers of Organised Group 'A' Accounts Services (IA&AS, IDAS, IRAS, ICAS, IP&TAFS, ICoAS) and Central Govt/Armed Forces/AIS officers are exempted from the educational qualification if they meet the experience criteria

Experience

• At least 5 years of cumulative experience at a senior level during the last 10 years in Corporate Financial Management or Corporate Accounts in an organisation of repute

Employment Status

• You must be employed in a regular capacity (not contractual/ad-hoc) in one of the following on the date of application AND interview:
  • Central Public Sector Enterprise (CPSE)
  • Central Government Group 'A' Officer / Armed Forces / All India Services / PSB / Financial Institution / Autonomous Body
  • State Public Sector Enterprise with annual turnover of Rs. 1,500 crore or more
  • Private Company / Joint Venture / National or State Cooperative Federation with turnover of Rs. 1,500 crore or more

Pay Scale Eligibility (for CPSE Internal/Other Candidates)

• Rs. 120000-280000 (IDA) Post 01.01.2017
• Rs. 51300-73000 (IDA) Post 01/01/2007
• Rs. 144200-218200 Level 14 (CDA) Post 01.01.2016
• Rs. 37400-67000 + GP 10000 (CDA) Post 01/01/2006
• Or earlier equivalent scales as per the official notification
• Minimum service in the eligible scale: 1 year for internal candidates, 2 years for others

Group 'A' Central Govt officers must hold a post equivalent to Joint Secretary on substantive basis. Armed Forces applicants must hold the rank of Major General or equivalent. State PSE/Private/JV applicants must be at Board level or one level below.

Age Limit

• Age of superannuation: 58 years
• Minimum age: 45 years (for both internal and other candidates)
• Internal candidates: Must have at least 2 years of residual service as on the date of vacancy
• Other candidates: Must have at least 3 years of residual service as on the date of vacancy
• Date of vacancy: 14 May 2026

Salary

• Pay scale of the post: Rs. 75,000-1,00,000 (pre-revised IDA)
• Revised pay and allowances as applicable to Board-level posts in Schedule 'A' CPSEs as per latest DPE guidelines
• Plus DA, perks and other benefits as per Government of India rules for Board-level Directors

Selection Process (No Written Exam)

Selection is done by the Public Enterprises Selection Board (PESB):

1. Application Screening: Applications are screened for eligibility as per Job Description
2. Shortlisting by PESB: The Board reserves the right to shortlist applicants for the interview
3. PESB Interview: Shortlisted candidates appear before the Public Enterprises Selection Board for the final selection meeting
4. Vigilance Clearance: Applications are forwarded only after vigilance clearance in the 13-point CVC proforma
5. Recommendation: PESB recommends the selected candidate to the Government for appointment

How to Apply

1. Go to the official PESB portal at pesb.gov.in
2. Register and log in to the application portal
3. Fill in the online Application Form against this Job Description (Advt. No. 50/2026)
4. You can either forward it online (after submission) OR take a printout and send it offline through proper channel
5. Forward applications through proper channel:
   • CPSE Below Board level: through the concerned CPSE
   • CPSE CMDs/MDs/Functional Directors: through the Administrative Ministry
   • Central Government Group 'A' Officers: through Cadre Controlling Authority
   • PSB/FI/Autonomous Body officers: through Administrative Ministry/Department
   • SPSE/Private/JV applicants: as per Para V of the notification
6. Submit online by 3:00 PM on 3 June 2026
7. Forwarded applications must reach PESB by 5:00 PM on 12 June 2026

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

Important Dates

• Notification/Date of JD Upload: 14 May 2026
• Date of Vacancy: 14 May 2026
• Last Date for Online Application by Applicant: 3 June 2026 (by 3:00 PM)
• Last Date for Nodal Officer/Competent Authority to Forward Applications: 12 June 2026 (by 5:00 PM)
• Interview Date: To be announced

• Serve as a Board member of NTC Limited and report to the Chairman & Managing Director
• Take overall charge of finance and accounts of the organisation
• Evolve and formulate policies related to finance, accounts and resource mobilisation
• Implement financial policies, budgeting, audit and internal control systems
• Manage treasury, working capital, fund raising and investment decisions
• Ensure statutory compliance, financial reporting and corporate governance standards
• Liaise with the Ministry of Textiles, auditors, banks and other stakeholders