Power Finance Corporation (PFC) was incorporated on 16.07.1986 with the objective to provide financial resources and encourage flow of investments to the power and associated sectors; to work as a catalyst for optimum utilization of available resource and to mobilize financial resources from domestic and international sources at competitive rates. PFC is a schedule 'A' Navratna CPSE in Financial Services sector under the administrative control of M/o Power. The company employed 498 regular employees (Executives 474, Non-executives 24) as on 31.3.2019. Its Registered and Corporate Offices are in New Delhi. The authorised and paid up capital of the Corporation was Rs. 11, 200 crore and Rs. 2640.08 crore respectively as on 31.03.2019. The Shareholding of the Government of India is 59.05%.
Job Descriptions
| NAME OF THE CPSE | Post Name | Remuneration | Number of posts | Essential Qualification | age limit |
|---|---|---|---|---|---|
| power finance corporation | director finance | 180000-340000 | 1 | The applicant should be a Chartered Accountant or Cost Accountant or a full time MBA/PGDM course with good academic record from a recognized University/Institution. | 45 |
EMPLOYMENT STATUS:
The applicant must, on the date of application, as well as on the date of interview, be employed in a regular capacity – and not in a contractual/ad-hoc capacity – in one of the followings:-
(a) Central Public Sector Enterprise (CPSE) (including a full-time functional Director in the Board of a CPSE);
(b) Central Government including the Armed Forces of the Union and All India Services;
(c) State Public Sector Enterprise (SPSE) where the annual turnover is *Rs 5000 crore or more;
(d) Private Sector in company where the annual turnover is *Rs 5000 crore or more.
EXPERIENCE
The applicant should have at least five years of cumulative experience at a senior level during the last ten years in the area of Corporate Financial Management and Corporate Accounts in an organization of repute. (ii) Applicants from Organized Group ‘A’ Accounts Services should have at least five years cumulative experience at a senior level during the last ten years in the area of Corporate Financial Management/ Corporate Accounts. (iii) ‘The relevant experience’ in respect of applicants from Central Government/Armed Forces Age of superannuation 60 years Internal Others Minimum Maximum Minimum Maximum 45 2 years of residual service as on the date of vacancy w.r.t. the date of superannuation. 45 3 years of residual service as on the date of vacancy w.r.t. the date of superannuation. of the Union/All India Services would include at least seven years of cumulative experience at a senior level during the last ten years in the area of Corporate Financial Management/ Corporate Accounts.
The applicant must, on the date of application, as well as on the date of interview, be employed in a regular capacity – and not in a contractual/ad-hoc capacity – in one of the followings:-
(a) Central Public Sector Enterprise (CPSE) (including a full-time functional Director in the Board of a CPSE);
(b) Central Government including the Armed Forces of the Union and All India Services;
(c) State Public Sector Enterprise (SPSE) where the annual turnover is *Rs 5000 crore or more;
(d) Private Sector in company where the annual turnover is *Rs 5000 crore or more.
EXPERIENCE
The applicant should have at least five years of cumulative experience at a senior level during the last ten years in the area of Corporate Financial Management and Corporate Accounts in an organization of repute. (ii) Applicants from Organized Group ‘A’ Accounts Services should have at least five years cumulative experience at a senior level during the last ten years in the area of Corporate Financial Management/ Corporate Accounts. (iii) ‘The relevant experience’ in respect of applicants from Central Government/Armed Forces Age of superannuation 60 years Internal Others Minimum Maximum Minimum Maximum 45 2 years of residual service as on the date of vacancy w.r.t. the date of superannuation. 45 3 years of residual service as on the date of vacancy w.r.t. the date of superannuation. of the Union/All India Services would include at least seven years of cumulative experience at a senior level during the last ten years in the area of Corporate Financial Management/ Corporate Accounts.