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Konkan Railway Invites Applications for Director (Finance); Apply via PESB by February 6, 2026

Schedule ‘A’ PSU offers Rs. 1.8–3.4 lakh pay scale; CA/MBA Finance with 5+ years experience eligible for board-level role at KRCL
Indian Masterminds Stories

New Delhi: Konkan Railway Corporation Limited (KRCL), a Schedule ‘A’ Central Public Sector Enterprise under the Ministry of Railways, has invited applications for the post of Director (Finance), one of the top board-level positions in the organisation. The recruitment process is being conducted by the Public Enterprises Selection Board (PESB).

The vacancy will arise from June 1, 2026, and the selected candidate will be responsible for overseeing the corporation’s financial and administrative functions.

Role and Responsibilities

As Director (Finance), the appointee will be in charge of finance, accounts, budgeting, and fund management of KRCL. In addition to core financial responsibilities, the role also involves supervision of key departments including Information Technology, Human Resources, Company Secretariat, and Medical Services, making it a critical leadership position within the organisation.

The post carries a tenure of five years or until the age of superannuation (60 years), whichever is earlier.

Read also: Konkan Railway and HCC Forge Strategic Alliance to Execute Large-Scale Transport Infrastructure Projects in India and Abroad

Pay Scale and Key Dates

The Director (Finance) position offers a pay scale of Rs. 1,80,000 to Rs. 3,40,000 (IDA pattern).
The last date for submission of applications is February 6, 2026, by 3:00 PM, through the PESB online portal.

Eligibility Criteria

Candidates must meet specific age, qualification, and experience requirements. The maximum age limit is 45 years, with a minimum residual service of two to three years as on the date of vacancy.

Eligible qualifications include Chartered Accountant (CA), Cost Accountant, or a full-time MBA/PGDM in Finance, with preference given to Chartered Accountants. Officers from organised Group ‘A’ Accounts Services are exempt from these qualifications provided they possess relevant experience.

Applicants should have a minimum of five years of cumulative senior-level experience in corporate financial management or accounts during the last ten years.

Who Can Apply

The vacancy is open to senior professionals from a wide range of sectors, including:

  • Executives from Central Public Sector Enterprises
  • Central Government Group ‘A’ officers, All India Services, and Armed Forces
  • Officers from Public Sector Banks, Financial Institutions, and Autonomous Bodies
  • Executives from State Public Sector Enterprises with annual turnover of at least Rs. 2,000 crore
  • Private sector professionals from companies with annual turnover of Rs. 2,000 crore or more

About Konkan Railway

Established in 1991, Konkan Railway Corporation Limited is best known for constructing and operating the 760-km Konkan Railway route between Roha and Mangalore, one of India’s most challenging and iconic railway projects. With a paid-up capital of Rs. 2,351.34 crore and a workforce of over 5,000 employees, KRCL is also actively involved in major national projects such as the Udhampur–Srinagar–Baramulla Rail Link (USBRL), port connectivity initiatives, and overseas railway consultancy assignments, including projects in Kenya.

Read also: IES Officer Meenaxi Rawat Given Additional Charge as CVO of Mangalore Refinery for 6 Months


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