OPGC Senior General Manager Finance Recruitment 2026
Odisha Power Generation Corporation Limited (OPGC) - Finance
Published Source: Official Notification Report an error
Vacancy
1
Salary
₹29,00,000 - ₹29,00,000 per year
Job Type
Permanent
Full time
Apply By
07 Nov 2026
About This Job
Apply for the Senior General Manager (Finance) post in OPGC. CA or CMA with 25+ years' experience eligible. Salary: Rs 29 lakh per year. Last date: 7 Nov 2026.
OPGC Senior General Manager Finance Recruitment 2026: Overview
Odisha Power Generation Corporation Limited (OPGC), a Government of Odisha company, is hiring a Senior General Manager – Finance on its regular rolls. OPGC runs the Ib Thermal Power Station at Banharpalli, Jharsuguda, with a total capacity of 1,740 MW from two 210 MW and two 660 MW units.
This is the top finance leadership role under the company's Market Based Salary (MBS) structure, where increments, promotions and rewards depend on performance. It suits a senior CA or CMA who has spent a long career in PSU or large private-sector finance, ideally in the power sector.
Service Conditions and Caveats
- Performance-linked pay: Pay follows a cost-to-company pattern with a variable part, so your increments and promotions depend on your yearly performance.
- Probation: You serve a probation of at least one year from joining.
- Posting: You may be posted to any OPGC establishment anywhere in Odisha or India and transferred as the company needs.
- Full-time degrees only: Qualifications earned through part-time, distance or correspondence courses are not accepted.
- Experience counting: Stints shorter than six months in any organisation are ignored when your total experience is worked out, and preference goes to people with experience in a coal-based thermal power plant.
- Serving employees: If you work in a PSU or government body, apply through proper channel or bring a No Objection Certificate to the interview; otherwise you can join only after a formal release order.
- Internal candidates: OPGC executives need at least three years of residual service and one year in the next lower grade.
- Medical fitness: No relaxation in the company's health standards is allowed, and OPGC may send you to its own medical board.
- Travel: No travel allowance is paid for attending the interview.
Application Submission Notes
Apply online first in the career section of career.opgc.co.in. After final submission, download the application form — make sure the online application number is printed on it — and send it with self-attested copies of all supporting documents by speed post only to Recruitment Cell, Odisha Power Generation Corporation Ltd., Zone-A, 7th Floor, Fortune Towers, Chandrasekharpur, Bhubaneswar, Odisha – 751023.
Write "SENIOR GENERAL MANAGER – FINANCE" on top of the envelope. The hard copy has its own, later deadline than the online form, and applications delivered by hand are not accepted. For help with the online form, call the help desk on 0674-2354859 or email webmaster@opgc.co.in.
Responsibilities
- Manage large power-sector debt, consortium banking relationships and credit rating agency interactions
- Oversee working capital, especially Discom receivables and Power Purchase Agreement billing
- Prepare regulatory financial analysis for tariff petitions and true-up recoveries
- Lead long-term financial planning, capital structuring and dividend strategy
- Handle corporate tax planning and consolidated financial reporting
- Monitor fuel costs, heat rate efficiency and auxiliary power consumption
- Oversee plant-level cost accounting, coal yard inventory valuation and the fixed asset register
- Track and control plant O&M budgets, operating cash flow, vendor payments and statutory compliance
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Join our TelegramEligibility Criteria
Minimum Qualification
Bachelor's Degree with qualified Chartered Accountant (CA) or Cost Accountant (CMA)
Preferred Qualification
Knowledge of accounting standards and Indian GAAP, practical knowledge of finalisation of accounts and audit matters; experience in the power sector; additional qualification and experience in a coal-based thermal power plant
Required Skills
Leadership skills; people management skills; knowledge of SAP/ERP systems
Age Limit
Up to 56 years (as on 01 Oct 2026)
Experience
25 - No limit years
25+ years of post-qualification experience in an executive position in a Central PSU, State PSU or reputed private company as on 01-10-2026, in Finance and Accounts with exposure to two or more of: asset and liability management, treasury operations, raising resources, working capital management, SOP formulation and process strengthening, internal control systems, risk assessment and mitigation of the F&A function, taxation, and project appraisal with financial analysis. Experience of less than six months in any organisation is not counted.
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Salary & Compensation
Pay Scale
Grade E-9, Market Based Salary (MBS) structure: Fixed CTC Rs. 29,00,000/- per annum plus variable pay up to 26% of fixed CTC
Allowances
Other allowances and reimbursements as per OPGC policy applicable to the grade
Selection Process
- 1 Interview
- 2 Medical Exam
Additional Requirements
Computer Knowledge Required
How to Apply
Application Mode: Both
Click the "Apply Now" button to visit the official application portal.
Required Documents:
- Scanned recent passport-size colour photograph (25-50 KB, 3.5 cm x 4.5 cm, jpg/jpeg)
- Scanned signature (25-35 KB, 3.5 cm x 1.5 cm, jpg/jpeg)
- Printout of the downloaded online application form with online application number
- Self-attested photocopies of all documents supporting the online application
- No Objection Certificate (for candidates working in PSUs or Government)
- Original certificates and documents at the time of interview
Frequently Asked Questions
Yes. After applying online, you must send the downloaded form with self-attested documents by speed post only; the online form alone is not enough.
Yes. Internal executives can apply through proper channel if they have at least three years of residual service and one year in the next lower grade.
On top of the fixed CTC, you can earn variable pay of up to 26% of the fixed CTC, linked to your performance.
No. OPGC accepts only qualifications earned through regular full-time courses, not part-time, distance or correspondence programmes.
Important Dates
Notification
28 Oct 2026
Application Start
28 Oct 2026
Last Date to Apply
07 Nov 2026
Job Locations
Categories
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