HLL Lifecare Director Finance Recruitment 2026: CA/MBA Finance, ₹1.60–2.90 Lakh Pay

The Public Enterprises Selection Board (PESB) has opened the selection process for the senior board-level position of Director (Finance) in HLL Lifecare Limited.

यह सामान्य graduate-level या fresher recruitment नहीं है। यह experienced finance professionals, senior CPSE executives, eligible Government officers, Public Sector Bank/Financial Institution officers and qualifying private-sector executives के लिए senior leadership opportunity है।

Director (Finance) HLL Lifecare के Board of Directors का member होगा और Chairman & Managing Director को report करेगा. The Director will have overall responsibility for Finance and Accounts functions, including financial planning, budgeting, costing, financial control and preparation of financial statements in accordance with corporate and statutory requirements.

📋 HLL Lifecare Director Finance Recruitment 2026 — Overview

🏥 About HLL Lifecare Limited

HLL Lifecare Limited, formerly Hindustan Latex Limited, was established in 1966 and operates as a Public Sector Enterprise.

HLL is a Schedule-B Miniratna Central Public Sector Enterprise in the Consumer Goods sector under the administrative jurisdiction of the Ministry of Health and Family Welfare.

The company operates in contraceptives, healthcare and consumer products and reaches both urban and rural markets.

According to the PESB Job Description, HLL had 1,084 regular employees as on 31 March 2026, comprising 385 executives and 699 non-executives. Its Registered and Corporate Offices are at Thiruvananthapuram, Kerala, and the Government of India holds 100% shareholding.

💼 Director (Finance) — Job Role & Responsibilities

Director (Finance) is a member of the Board of Directors and reports to the Chairman & Managing Director.

The role includes overall responsibility for:

• Finance and Accounts functions
• Financial Planning
• Budgeting
• Costing
• Financial Control
• Financial policies and implementation
• Preparation of financial statements
• Compliance with corporate norms
• Compliance with statutory requirements

🎯 Age Limit & Residual Service Requirement

The prescribed age of superannuation is 60 years.

🏢 Who Can Apply? Employment Status Requirement

Applicant must be employed in a regular capacity both on the date of application and on the date of interview. Contractual/ad-hoc employment does not satisfy this requirement.

Eligible employment categories include:

• Central Public Sector Enterprise (CPSE), including full-time Functional Directors
• Central Government Group ‘A’ officers
• Armed Forces of the Union
• All India Services
• Public Sector Banks / Financial Institutions / Autonomous Bodies
• Qualifying State Public Sector Enterprises
• Qualifying Private Sector Companies
• Qualifying Joint Ventures / Federations

💹 ₹1,000 Crore Turnover Rule

Applicants from a State Public Sector Enterprise must be working in an enterprise with annual turnover of ₹1,000 crore or more.

The same ₹1,000 crore or more requirement applies to eligible Private Sector Companies, specified Joint Ventures and National/State-level Cooperative Federations.

For this purpose, PESB considers the average audited annual turnover of the three financial years preceding the calendar year in which the post is advertised.

For applicants from Private Companies, preference will be given to candidates working in listed companies.

🎓 Educational Qualification

The normal prescribed educational qualification is any one of the following:

MBA/PGDM must be a full-time course with specialization in Finance and good academic record from a recognised University/Institution.

🏛️ Qualification Exemption for Certain Government Officers

Certain officers of Organized Group ‘A’ Accounts Services and eligible applicants from Central Government, Armed Forces and All India Services working at the appropriate level may be exempted from the normal qualification requirement, subject to satisfying the prescribed relevant experience conditions.

This includes specified services such as Indian Audit & Accounts Service, Indian Defence Accounts Service, Indian Railway Accounts Service, Indian Civil Accounts Service, Indian P&T Accounts & Finance Service and Indian Cost Accounts Service.

📊 Required Experience

The applicant should have at least five years of cumulative experience at a senior level during the last ten years in:

• Corporate Financial Management; and/or
• Corporate Accounts

The experience must be in an organisation of repute.

💰 Existing Pay-Level Eligibility

Because this is a Board-level CPSE selection, educational qualification alone is not sufficient. Applicants must also satisfy the prescribed current employment/pay-position requirements.

For CPSE applicants, the current equivalent eligible scale includes, among other prescribed historical equivalents:

The minimum service in the eligible scale is one year for internal candidates and two years for others, calculated as on the Date of Vacancy.

🏦 Eligibility for Applicants Outside CPSEs

PESB prescribes different position-level requirements depending on the applicant's organisation.

• Central Government Group ‘A’/AIS/Autonomous Body officers should hold a substantive Director-level or equivalent post.
• Public Sector Bank/Financial Institution applicants should be at Board level or at least one level below Board for the prescribed period.
• Armed Forces applicants should hold Brigadier rank in Army or equivalent rank in Navy/Air Force.
• SPSE/Private Company/JV/Federation applicants should be at Board level or at least one level below Board.

🔁 Immediate Absorption Condition

⏳ Duration of Appointment

The appointment will be for:

📅 PESB HLL Director Finance Important Dates

📝 How to Apply for HLL Lifecare Director Finance Recruitment 2026

Applications must be submitted ONLINE ONLY through PESB.

🔄 Who Forwards the Application?

📂 Documents for Private Company / JV / Federation Applicants

Such applicants must provide the prescribed supporting documents, including:

• Annual Reports for the preceding three financial years
• Listed-company proof, where applicable
• Evidence of Board-level or immediately-below-Board position
• Self-attested proof of age
• Self-attested qualification documents
• Details of relevant jobs/responsibilities handled in the past

✍️ Mandatory Undertaking to Join

Applicant must give an undertaking as part of the application that he/she will join the post if selected.

⚠️ Two-Year Debarment Rule

Candidates should apply only if genuinely willing to join the post if selected.

Depending on the applicant category, withdrawing willingness after the interview or after issue of the appointment offer can result in a two-year debarment from consideration for specified Board-level CPSE posts.

PESB states that requests for relaxation in these cases will not be entertained.

🏆 Selection Process

PESB reserves the right to shortlist applicants for interview in accordance with the applicable guidelines.

💳 Application Fee

The supplied PESB Job Description does not state an application fee amount.

Therefore, Sarkari Nokrii is not adding any unsupported fee information. Candidates should rely on the official PESB application portal and Job Description for final instructions.

✅ Who Should Seriously Consider This Post?

This position is most relevant for experienced finance leaders who already satisfy the senior employment/pay-level criteria and have substantial exposure to corporate finance/accounts.

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❓ HLL Lifecare Director Finance Recruitment 2026 FAQs

🔗 Important Links