Jobs · BFSI
Punjab State Electricity Regulatory Commission has opened applications for two senior finance roles — Director/Finance and Staff Consultant/Finance — under Advertisement No. 80/2026/11.
✦ AI SUMMARY 30-second read
- 2 vacancies across 2 roles: Director/Finance and Staff Consultant/Finance
- Location: Punjab
- Qualification: Chartered Accountant, Cost Accountant, MBA (Finance), or officer from IRS/IA&AS/Indian Economic Service with prescribed experience
- Pay: Rs 1,50,000 per month for Staff Consultant/Finance; Director/Finance pay as per PSERC Regulations, 2015
- Applications must reach PSERC offline by 29 December 2026
This summary was generated by AI. Editors may review and update it.
Job at a glance
| Organisation | Punjab State Electricity Regulatory Commission (PSERC) |
|---|---|
| Post | Director/Finance; Staff Consultant/Finance |
| Location | Punjab |
| Region | India |
| Qualification | Chartered Accountant / Cost Accountant / MBA (Finance) or officer from IRS/IA&AS/Indian Economic Service with prescribed qualifying service and experience |
| Pay / stipend | Staff Consultant/Finance: Rs 1,50,000 per month; Director/Finance: as per PSERC (Appointment & Service conditions of Employees) Regulations, 2015 |
| Vacancies | 2 (1 each for Director/Finance and Staff Consultant/Finance) |
| Age limit | Director/Finance: Maximum 62 years (age counted on last date of receiving applications) |
| Experience | Experience on the post in the scale of Rs.148800-218600 on regular basis; or minimum 4 years in the scale of Rs.123100-209600 on regular basis; or minimum 20 years in Finance including 3 years in a senior financial management assignment |
| Selection | Director/Finance: recommendation of the Screening-cum-Selection Committee of PSERC; Staff Consultant/Finance: selection by the competent authority on the basis of qualifications, qualifying service and nature of experience |
| Type | Director/Finance: as per PSERC (Appointment & Service conditions of Employees) Regulations, 2015; Staff Consultant/Finance: contract basis as per PSERC (Engagement of Consultants) Regulations, 2012 |
Key dates
| Last date to apply — Staff Consultant/Finance | 27 November 2026 |
|---|---|
| Last date to apply — Director/Finance | 28 December 2026 |
| Overall last date for applications to reach PSERC | 29 December 2026 |
About the recruitment
Punjab State Electricity Regulatory Commission has invited applications under Advertisement No. 80/2026/11 to fill one post each of Director/Finance and Staff Consultant/Finance. The Director/Finance post carries pay and allowances as per PSERC (Appointment & Service conditions of Employees) Regulations, 2015, while the Staff Consultant/Finance post offers a fixed monthly pay of Rs 1,50,000 on a contract basis governed by PSERC (Engagement of Consultants) Regulations, 2012.
Eligibility
Candidates must hold a Chartered Accountant or Cost Accountant qualification, an MBA (Finance), or be an officer from the IRS, IA&AS, or Indian Economic Service. In terms of experience, applicants must be serving or retired officers of the Central or State Government or a PSU under either government, with experience in the pay scale of Rs.148800-218600 on a regular basis; or a minimum of 4 years in the pay scale of Rs.123100-209600 on a regular basis; or at least 20 years of experience in Finance, of which 3 years must have been in a senior financial management assignment.
For the Director/Finance post, the maximum age limit is 62 years, counted as on the last date of receipt of applications. Familiarity with electricity laws, regulatory affairs, and recent developments in the power sector is required for both posts. Preference will be given to candidates with experience in tariff formulation, cost analysis, and financial management. Deputation applicants must have services that can be spared by their parent department in the event of selection.
Selection process
For the Director/Finance post, selection will be made by the competent authority on the recommendation of the Screening-cum-Selection Committee of PSERC, based on suitability, qualifications, qualifying service, and nature of experience. For the Staff Consultant/Finance post, selection will be made by the competent authority on the basis of qualifications, qualifying service, and nature of experience.
How to apply
Applications must be submitted offline using the prescribed proforma printed on page 2 of the official notice. Contract applicants should send the completed proforma along with self-attested copies of certificates of educational qualification, qualifying service, and experience. Deputation applicants must have their applications forwarded by their parent department, enclosing bio-data, ACRs for the last five years, and details of any pending or decided vigilance and disciplinary cases. Deputation applicants must also send an advance copy of the proforma themselves.
Applications for the Staff Consultant/Finance post must reach the Secretary, PSERC by 27 November 2026, and for the Director/Finance post by 28 December 2026, with the overall deadline being 29 December 2026. Candidates should read Advertisement No. 80/2026/11 in full and follow the instructions in the official notification before applying.
