Recruitment Notification: Director (Finance) at Indian Port Rail & Ropeway Corporation Ltd. (IPRCL)

Indian Port Rail & Ropeway Corporation Ltd. IPRCL is a state-owned public sector enterprise, classified as a Mini Ratna under Schedule ‘B’, and functions under the Ministry of Ports, Shipping & Waterways, Government of India. Founded in 2015, IPRCL focuses on improving rail connectivity to ports, upgrading port rail infrastructure, and offering consultancy services for multi-modal transport systems.

Important Date

• Advertisement Published On: 25th April 2025
• Last Date to Submit Application: 24th May 2025 (30 days from the advertisement date)
• Interview Date: Will be notified later to shortlisted candidates

Application Fees

• No Application Fee is required for this recruitment.
• Candidates of all categories (General, OBC, SC, ST, and PwD) do not need to pay any fees.

Vacancy Details

• Post Name: Director (Finance)
• Number of Vacancies: 800

 Eligibility Criteria

A. Age Limit

• Minimum Age: 40 years
• Maximum Age: Should have at least 2 years of residual service (for internal candidates) or 3 years (for others) before superannuation (60 years).

B. Educational Qualification

• Essential:
  • Chartered Accountant (CA) or Cost Accountant (ICWA) OR
  • Full-time MBA/PGDM (Finance) from a recognized university/institution.
• Preference: Chartered Accountants.
• Exemption: Officers from Group ‘A’ Accounts Services (e.g., IA&AS, IRAS, IDAS) and Central Government/Armed Forces officers with relevant experience.

C. Experience Requirements

• General Candidates (CPSE/Private Sector):
  • Minimum 10 years of total experience, with at least 5 years in senior-level corporate finance/accounts roles.
• Government/Armed Forces Candidates:
  • Minimum 7 years of senior-level experience in finance/accounts.

D. Employment Status

Applicants must be employed in a regular or contractual (minimum 3 years) capacity in:

• CPSEs/Major Ports/Government SPVs/JVs
• Central/State Government (including Armed Forces)
• Private Sector companies with ₹250+ Crore annual turnover

Pay Scale & Benefits

• Salary: ₹1,60,000 – ₹2,90,000 (IDA Pay Scale)
• Perks: As per CPSE guidelines for Board-level positions.

Selection Process

• Step 1: Screening of applications based on eligibility.
• Step 2: Candidates who are shortlisted will be invited for an interview by the Selection Committee.
• Final Decision: The committee’s recommendation will be final.

Application Process

A. Application Fee

• No application fee is required.

B. How to Apply

1. Application Format: Use Annexure-I (for Govt./CPSE candidates) or Annexure-II (for Private Sector candidates).
2. Documents Required:
   • Self-attested copies of educational certificates.
   • Experience certificates (appointment/relieving letters).
   • Last 5 years’ APARs/ACRs (for Govt./CPSE candidates).
   • Latest salary slip.
   • For Private Sector candidates: Company’s annual reports (last 3 years) and proof of Board-level/equivalent position.
3. Submission Mode:
   • Government/CPSE Candidates: Forward through proper channel (Cadre Controlling Authority/Administrative Ministry).
   • Private Sector Candidates: Submit directly to IPRCL.
4. Address: Company Secretary, Indian Port Rail & Ropeway Corporation Ltd., 4th Floor, Nirman Bhavan, M.P. Road, Mazgaon (East), Mumbai 

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