Ferro Scrap Nigam Limited (FSNL) is a government scrap management company under the Konoike Group, with operations in multiple units including Bhilai. In 2025, FSNL has announced recruitment for two “Head” level posts — one in Finance & Accounts, and another in Business Development. These senior posts come with high responsibility and compensation. The online application window is open for a limited period, so eligible professionals should apply promptly.
Vacancy Details
| Post Name | Total Vacancies | Educational Qualification |
|---|---|---|
| Head-Finance & Accounts | 1 | Graduate degree, plus MBA or professional accounting qualification like CA or ICMA or equivalent |
| Head-Business Development | 1 | B.E./B.Tech / MBA with relevant specialization / experience in business development |
Job Role and Responsibilities
The Head-Finance & Accounts is expected to lead the financial operations of FSNL, ensuring accurate accounting, financial compliance, budget planning, audit coordination, cost control, and financial strategy alignment with company goals. The Head-Business Development is responsible for identifying growth opportunities, building client relationships, strategic partnerships, increasing revenue streams, market research, and driving new business initiatives in line with FSNL’s expansion plans.
Eligibility Criteria
Education
Candidates for Finance & Accounts must hold at least a Graduate degree and preferably an MBA, or be qualified Chartered Accountant (CA) / Cost Accountant (ICMA) or equivalent. Business Development “Head” candidates must have a B.E./B.Tech / MBA and proven track record in business development roles.
Experience
Significant relevant experience is required, typically many years in senior / leadership roles: financial leadership for the finance post; demonstrated business development leadership for the other.
Age
Upper age limit is as per FSNL HR policy for senior posts. Relaxations will apply per government / corporate norms for reserved categories as applicable.
Nationality
Must be an Indian citizen.
Application Process
- Review the official announcement on FSNL’s Careers page under Advt. No. 04/2025 for Head Finance & Accounts and Head Business Development.
- Prepare your updated resume/CV, certificates, academic qualifications, and experience documents.
- Fill the online application form through FSNL’s website in the “Careers” section.
- Attach scanned documents: degree certificates, experience certificates, identity proof, photograph, etc.
- Ensure all fields are correctly filled and documents uploaded as required.
- Submit the application before the deadline. Late or incomplete applications will not be considered.
Salary & Benefits
Compensation is attractive and commensurate with seniority, likely in the range of ₹50-70 lakhs per annum depending on post, experience, and FSNL pay scale. Along with base compensation, the role may include performance incentives, allowances, and benefits typical for senior leadership positions in a PSU.
Career Growth & Opportunities
These Head roles offer leadership experience in a PSU, exposure to corporate governance, strategic operations, and decision making. Successful incumbents may go on to higher executive or board-level roles in FSNL or associated enterprises. It greatly enhances profile for senior management in the steel / scrap / government sector.
Important Dates
| Event | Date |
|---|---|
| Application Start Date | 27 September 2025 |
| Last Date to Apply (Online) | 31 October 2025 |
Why Apply
These are rare senior leadership positions in FSNL, offering both financial leadership and business growth roles with high responsibility. If you have the required experience and qualifications, this is an opportunity to shape company strategy, earn a senior-level compensation, and play a pivotal role in a PSU’s growth.
FAQs
Q1. How many “Head” vacancies are there in FSNL 2025?
There are 2 vacant Head positions: one in Finance & Accounts and one in Business Development.
Q2. What is the last date to submit the application?
Online applications close on 31 October 2025.
Q3. What qualifications are required for Head Finance post?
A Graduate degree plus professional accounting qualification (CA / ICMA) or MBA, plus substantial experience.
Q4. What qualifications are needed for Head Business Development?
B.E./B.Tech or MBA, with relevant experience in business development, sales, partnerships, or strategy.
Q5. What is the expected salary range?
Salary is expected to be in the range of ₹50-70 lakhs per annum, depending on seniority and experience.
Q6. Is this a permanent position?
The roles are senior posts; permanence depends on FSNL policy, likely with contract or regular appointment terms as per company norms.
Conclusion
FSNL’s Head Recruitment 2025 offers two high-impact leadership roles for experienced professionals in finance and business development. With applications open from 27 September to 31 October 2025, it’s crucial to ensure you meet the eligibility, prepare documents, and apply on time. If you have strong credentials, this could be a defining move in your career. Best wishes for your application!