OMC Director (Finance) Recruitment 2026

OMC Director (Finance) Recruitment 2026: Overview

Odisha Mining Corporation Limited (OMC), the state-owned miner of iron, chrome, bauxite, manganese and limestone ores, is looking for a Director (Finance) to sit on its Board of Directors. The post is based at the corporate office in Bhubaneswar, and the selection is run by the Public Enterprises Selection Board (PESB) through the Steel & Mines Department, Government of Odisha. OMC calls itself the largest State PSU in the mining sector in India and holds Gold category status, with a turnover of Rs. 25,270 crore in FY 2025-26 — so you would be running the money side of a very large company.

This is a Board-level contract post, open to senior finance leaders from Central or State Government, CPSEs, State PSUs and listed private companies. You report to the Managing Director/CMD and take overall charge of the corporation's finance and accounts. If you have spent most of your career in corporate finance and want a top role in public-sector mining, this one is worth a close look.

OMC also looks for leadership qualities: strategic thinking, stakeholder handling, negotiation and change leadership. The notice says experience in a mining company or corporation is an added advantage.

Service Conditions and Caveats

• Tenure: Full-time contract for five years or until you turn 60, whichever comes first. A further five-year term (again capped at age 60) may be given on good performance.
• Seniority rule for government and PSU executives: You must have worked for at least three years at the level two positions below the Board. A Head of Department at that level who reports to a Functional Director or the MD can also apply.
• Private sector executives: Your current or last company must be listed on a stock exchange with a turnover of Rs. 1,000 crore or more, and you must be at Board level or within two levels of it.
• How the level is judged: In a PSU where CGM/Sr. GM is just below the Board, a GM counts as two levels below. In a private firm where Senior Vice President is just below the Board, a Vice President counts. You must attach an organisation chart showing your current position and grade.
• Pay and perks: HRA in lieu of housing, medical allowance and other perks match those of an E-8 rank officer (CGM) of OMC. Pay protection is allowed for candidates coming from government bodies and PSUs.
• Two-year debarment: If you are selected by PESB and then refuse the post after the interview or after the offer, you are barred for two years from any Board-level post in a State PSE other than your own. No relaxation is given.
• Medical fitness: The appointment depends on a medical fitness certificate from a State or Central Government medical officer or OMC's medical officer.
• Travel: Outstation candidates called for interview get economy-class air fare both ways on producing original documents.

Application Submission Notes

Fill the Annexure-I application form, paste a passport-size photograph and attach all certificates, a write-up on your key achievements, the integrity certificate (Annexure-II) and your five-year APAR/PAR grading (Annexure-III) in sealed covers. Send it to the Special Secretary (FE) to Government, Steel & Mines Department, Odisha, Bhubaneswar-751001 by Speed Post or Registered Post, or email it to dsmsec.or@od.gov.in.

Write "Application for the post of Director (Finance), OMCL" on the envelope. Government and PSU employees must apply through proper channel — for example through the cadre controlling authority, the administrative ministry or their own PSU. The application must reach the department by the closing date; late or incomplete forms are not considered.

• Serve on the OMC Board of Directors and report to the Managing Director/CMD
• Lead corporate accounts, taxation and audit, bills, treasury, sales export and investments
• Handle financial concurrence, costing and budgeting, and provident fund and gratuity matters
• Frame and carry out long-term financial strategies and policies
• Manage capital structure, investment planning, resource mobilisation and dividend policy
• Oversee financial risk, internal financial controls and ESG reporting
• Drive the digital transformation of finance functions
• Liaise with banks, financial institutions and statutory authorities