MAHATRANSCO, a wholly-owned corporate entity under the Maharashtra Government, was established in June 2005 after restructuring the Maharashtra State Electricity Board (MSEB). It plays a crucial role in transmitting electricity across Maharashtra and operates an extensive network of 51,518 Circuit KM of transmission lines and 742 EHV Substations with a transformation capacity of 1,38,598 MVA.

Vacancy Details

MAHATRANSCO is inviting applications for 25 posts of Deputy Manager (Finance & Accounts). The vacancies are distributed across various caste categories, ensuring equal opportunities for all eligible candidates.

Salary and Benefits

Selected candidates will receive an attractive pay scale of Rs. 54,505 – 1,37,995, along with additional perks such as:

• Dearness Allowance (DA)

• House Rent Allowance (HRA)

• Medical Benefits

• Mobile Reimbursement

• CPF & Gratuity

• Residential Accommodation (if available)

The approximate gross monthly salary will be Rs. 1,00,534/- without office accommodation.

Eligibility Criteria

To apply for the Deputy Manager (F&A) post, candidates must meet the following educational and experience requirements:

Educational Qualification:

• Inter CA / ICWA OR

• MBA (Finance) / M.Com

Experience:

• For Inter CA / ICWA: Minimum 1-year relevant experience in Finance / Accounts / Audit.

• For MBA (Finance) / M.Com: Minimum 3 years relevant experience in Finance / Accounts / Audit.

Age Limit

• General Category: Maximum 38 years

• Reserved Category (SC/ST/OBC/SEBC/EWS): Relaxable up to 43 years

• Persons with Disability (PwD): Relaxable up to 45 years

• MAHATRANSCO Employees: Maximum 57 years

Selection Process

The selection process consists of an Online Written Test. The exam pattern is as follows:

Candidates should note that there will be negative markings (0.25 marks deducted for each incorrect answer). The minimum qualifying marks are:

• General Category: 30/100

• Reserved Category: 20/100

Application Process

• Candidates need to apply online through the official MAHATRANSCO website.

• Application Fee:

  • General Category: Rs. 700/-

  • Reserved Categories (SC/ST/OBC/SEBC/EWS): Rs. 350/-

  • PwD Candidates: Exempted

• Payment should be made via Internet Banking/Credit Card/Debit Card/Mobile Wallets.

Important Dates

• Last Date for Application Submission: 3rd April 2025

• Online Exam Date: May/June 2025 (Tentative)

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Frequently Asked Questions (FAQs)

1. What is the last date to apply for MAHATRANSCO Deputy Manager (F&A) Recruitment 2025?

The last date to submit your application is 3rd April 2025.

2. How many vacancies are available for the Deputy Manager (Finance & Accounts) post?

A total of 25 vacancies are available for this post, distributed across various categories.

3. What is the selection process for this recruitment?

The selection process consists of an Online Written Test with objective-type questions covering Professional Knowledge, Reasoning, Quantitative Aptitude, and Marathi Language.

4. What is the age limit for applying?

• General Category: Up to 38 years

• Reserved Categories: Up to 43 years

• Persons with Disabilities (PwD): Up to 45 years

• MAHATRANSCO Employees: Up to 57 years

5. What is the salary for the Deputy Manager (F&A) post?

The salary is in the pay scale of Rs. 54,505 – 1,37,995, with approximate monthly gross emoluments of Rs. 1,00,534/- (without office accommodation).

6. Is there negative marking in the online test?

Yes, 0.25 marks will be deducted for each incorrect answer.

7. How can I apply for this position?

You need to apply online through the official MAHATRANSCO website and submit the required application fee.

8. What is the application fee?

• General Category: Rs. 700/-

• Reserved Categories (SC/ST/OBC/SEBC/EWS): Rs. 350/-

• PwD Candidates: Exempted

9. When will the online written test be conducted?

The tentative date for the Online Exam is May/June 2025.

10. Is knowledge of Marathi required for this post?

Yes, candidates should have knowledge of Marathi. Those who do not have Marathi certification must pass a departmental Marathi Language Examination within three years of joining.