Jobs Notification: Indian Railways Stations Development Corporation Ltd.

ISRDC Recruitment 2018
ISRDC Recruitment 2018

Indian Railways Stations Development Corporation Ltd. invites application for the post of two functional directors, Directors (Project and Planning) and Director (Finance and Revenue) on immediate absorption basis.


  1. Post Name: Director (Project and Planning); No of Vacancy:  one post

Qualification: BE/B.Tech in Civil Engineering with an excellent academic record from a recognized university/institution

Location: Delhi

Pay Scale: Rs.65,000–75,000 (IDA scale) (pre-revised)/Rs.1,60,000-2,90,000(Revised IDA scale-3rd PRC) on absorption basis (Equivalent to Director scale in Schedule B, CPSE).

Job description:

  • Manage end to end Strategic planning and business development for stations redevelopment program, project execution for stations development projects
  • Strategic portfolio assessment for station assets and vacant commercial land
  • Develop suitable redevelopment models for various asset types e.g. PPP and variants, EPC, others
  • Build investment cases for station redevelopment including clustered and individual assets
  • Liaison with external stakeholders to market the program
  • Provide advisory services to all PPP based infrastructure redevelopment projects e.g. by IRCON, RLDA, others
  • Project management including coordination with zonal railways, real estate developer, EPC contractor, Railway Board and other stakeholders as necessary
  • Program manage detailed project execution timelines and milestones to ensure timely delivery and expected quality of project
  • Resolve and escalate all potential red flags / delays and help develop suitable mitigation strategies
  • Coordinate with relevant ministries (state, central) as well as Railways at various levels for on track project execution

2. Post Name: Director (Finance & Revenue); No of Vacancy:  one post

Qualification: The applicant should be a Chartered Accountant or Cost Accountant or a full time MBA/PGDM course with good academic record from a recognized University /Institution

Location: Delhi

Pay Scale: Rs.65,000–75,000 (IDA scale) (pre-revised)/Rs.1,60,000-2,90,000(Revised IDA scale-3rd PRC) on absorption basis (Equivalent to Director scale in Schedule B, CPSE).

Job description:

  • The incumbent shall be responsible for formulation of sound policies in the area of finance and accounts and to direct, coordinate and manage the company’s finances so as to achieve effective and optimal deployment and utilization thereof towards the fulfilment of the goals and objectives of the company.
  • The incumbent shall also be responsible for raising resources of the company at competitive rates and their deployment in such a manner so as to generate a stable revenue stream.
  • Develop and execute financing models for station development program for various cities, guidance price estimation, revenue maximization and advise the MD & CEO in all financial matters.
  • He/She shall be responsible for management of internal operations of IRSDC including taxation, finalization of books of accounts and their audit.
  • He/She shall also manage the company’s technology operations and the implementation of new IT systems and policies.
  • He/She shall also provide proactive and pragmatic advice to the company on legal matters
  • Apply Now! Siemens Scholarship Program 2018 – last date August 31, 2018

SELECTION PROCESS: On scrutiny of all the applications received for the post, only short-listed candidates will be called for interview to be conducted by the Search-cum-Selection Committee to be nominated by the Ministry of Railway, Railway Board.
The decision of the Search-cum-Selection Committee will be final and no correspondence on the decision of the Committee will be entertained in this regard.

Last Date to Apply: The last date for receipt of Applications is up to 17.00 Hrs on 05.09.2018

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