MIDHANI Recruitment 2026: Director (Finance) Opportunity for CA and CMA Professionals

Mishra Dhatu Nigam Limited (MIDHANI), a Schedule ‘B’ Central Public Sector Enterprise under the Department of Defence Production, Ministry of Defence, Government of India, has opened applications for the senior-level position of Director (Finance). The opportunity is particularly relevant for experienced Chartered Accountants (CA), Cost Accountants (CMA) and finance professionals looking for a board-level leadership role in the defence manufacturing sector.

The Department of Defence Production published the official vacancy circular on 15 October 2026, with the selection process being conducted through the Public Enterprises Selection Board (PESB).

MIDHANI Director (Finance) Recruitment 2026 – Key Details

ParticularDetails
OrganisationMishra Dhatu Nigam Limited (MIDHANI)
PostDirector (Finance)
CPSE CategorySchedule ‘B’
Vacancies1
QualificationCA / CMA / Full-time MBA/PGDM in Finance
Pay Scale₹1,60,000 – ₹2,90,000 (IDA)
Job LocationHyderabad, Telangana
Minimum Age40 years
ExperienceMinimum 5 years of cumulative senior-level experience in the last 10 years
Advertisement No.111/2026
Advertisement Date14 October 2026
Last Date for Online Application4 November 2026, 3:00 PM
SelectionShortlisting followed by interview

The official MIDHANI career page lists Advertisement No. 111/2026 for Director (Finance).

Who Can Apply?

The position is designed for experienced finance and accounting professionals. Candidates should possess one of the following qualifications:

  • Chartered Accountant (CA)
  • Cost Accountant (CMA)
  • Full-time MBA/PGDM with specialisation in Finance with a good academic record from a recognised university/institution.

Preference is given to Chartered Accountants.

Certain officers from Organised Group ‘A’ Accountant Services and eligible Central Government, Armed Forces and All India Services backgrounds may be exempted from the educational qualification subject to the prescribed experience conditions.

Experience Requirement

This is not an entry-level CA/CMA vacancy. Applicants must have at least five years of cumulative experience at a senior level during the last ten years in areas such as:

  • Corporate Financial Management
  • Corporate Accounts
  • Financial Management
  • Strategic finance and accounting functions

The notification also contains specific requirements regarding the applicant’s present organisation, level of employment and eligible pay scales. Candidates from CPSEs, Central Government, Armed Forces, All India Services, Public Sector Banks/Financial Institutions, eligible State PSEs and qualifying private-sector organisations may apply subject to the detailed conditions.

Salary and Tenure

The Director (Finance) position carries an IDA pay scale of ₹1,60,000–₹2,90,000.

The appointment is generally for five years from the date of joining, or until superannuation, or until further orders, whichever is earlier.

About the Role

The Director (Finance) is a Board-level position and has overall responsibility for the finance and accounts functions of MIDHANI.

The role involves financial management, corporate accounts, formulation of financial policies and ensuring effective implementation of finance and accounting systems across the organisation.

For senior CA/CMA professionals, the position therefore represents an opportunity to move beyond conventional finance functions into strategic financial leadership at a Central PSU.

How to Apply

Eligible candidates are required to submit the application online through the PESB website.

The online application must be submitted by the candidate by:

4 November 2026 up to 3:00 PM.

Applications from eligible candidates, other than specified private-sector applicants, are subsequently required to be forwarded through the prescribed proper channel/nodal authority.

Candidates should carefully read the complete job description and eligibility conditions before applying.

Important Note on Deadline

The Department of Defence Production’s official vacancy page lists the MIDHANI Director (Finance) vacancy from 15 October 2026 to 4 November 2026.

The MIDHANI career page currently displays 14 November 2026 in its due-date column, while the detailed recruitment information identifies 4 November 2026 at 3:00 PM as the deadline for online submission by applicants. Candidates should therefore follow the PESB application deadline and the detailed notification while applying.

Official Links

Department of Defence Production – Official Vacancy Notice:
DDP Ministry of Defence – MIDHANI Director (Finance) Notification

MIDHANI – Official Career Page:
MIDHANI Official Career Page

PESB – Official Website / Online Application:
PESB Official Website

The Worldonomics Times Career Alert

MIDHANI Recruitment 2026: Director (Finance) is a significant senior-level opportunity for CA and CMA professionals with substantial corporate finance/accounts experience. With a ₹1.60 lakh–₹2.90 lakh IDA pay scale and a Board-level role in a defence-sector CPSE, the position is particularly relevant for experienced finance professionals seeking leadership opportunities in India’s public sector.

Last date to apply: 4 November 2026, 3:00 PM.

Candidates are advised to read the official notification carefully and verify all eligibility, experience, age and application requirements before submitting their application.