OPGC Recruitment 2026: Senior General Manager Finance Vacancy, Salary ₹29 Lakh + 26% Variable Pay
Government Company Recruitment
1 Vacancy
CA / CMA Eligible
Odisha Power Generation Corporation Limited (OPGC), a Government of Odisha company, has released an official recruitment notification for Senior General Manager – Finance (E-9 Grade) under Advertisement No. OPGC/CO/HR/04/2026 dated 28 October 2026.
This is an excellent senior-level career opportunity for experienced Chartered Accountants (CA) and Cost & Management Accountants (CMA) with extensive experience in Finance and Accounts.
OPGC has announced one vacancy for Senior General Manager (Finance), offering an attractive fixed CTC of ₹29,00,000 per annum along with variable pay of up to 26% of fixed CTC.
Candidates having a minimum of 25 years of relevant post-qualification experience in a Central PSU, State PSU or reputed private company can apply for this position.
The selection process will be conducted through a personal interview.
In this article, we will cover the complete OPGC Recruitment 2026 details, including vacancy, eligibility criteria, age limit, salary, job responsibilities, selection process, application procedure and important dates.
OPGC Recruitment 2026: Overview
|
Particulars |
Details |
|
Organization |
Odisha Power Generation Corporation Limited |
|
Organization Type |
Government of Odisha Company |
|
Advertisement No. |
OPGC/CO/HR/04/2026 |
|
Post Name |
Senior General Manager – Finance |
|
Grade |
E-9 |
|
Total Vacancies |
1 |
|
Department |
Finance |
|
Qualification |
CA / CMA |
|
Required Experience |
25+ Years |
|
Maximum Age |
56 Years |
|
Fixed CTC |
₹29 Lakh Per Annum |
|
Variable Pay |
Up to 26% |
|
Job Location |
Odisha |
|
Employment Type |
Regular Rolls |
|
Selection Process |
Personal Interview |
|
Application Mode |
Online + Hard Copy |
|
Notification Date |
28 October 2026 |
|
Last Date for Online Application |
7 November 2026 |
|
Last Date for Hard Copy |
13 November 2026 |
OPGC Vacancy 2026
Odisha Power Generation Corporation Limited has announced recruitment for the following position:
|
Post Name |
Grade |
Vacancies |
|
Senior General Manager – Finance |
E-9 |
1 |
|
Total |
1 |
Category-wise Vacancy Distribution
|
Category |
Vacancies |
|
General / UR |
1 |
|
SC |
0 |
|
ST |
0 |
|
SEBC |
0 |
|
Total |
1 |
The advertised position is under the Unreserved category.
OPGC Recruitment 2026 Eligibility Criteria
Candidates interested in applying for Senior General Manager Finance must fulfil the educational qualification, work experience and age requirements specified in the official notification.
1. Educational Qualification
Candidates must possess:
- Bachelor's Degree.
- Qualified Chartered Accountant (CA) OR Cost Accountant (CMA).
The qualification must be acquired through a regular full-time course. Part-time, distance learning and correspondence qualifications are not accepted under the notification.
2. Work Experience
Candidates must have a minimum of 25 years of post-qualification experience as on 1 October 2026.
The experience must be in an executive position in any of the following:
- Central Public Sector Undertaking (Central PSU).
- State Public Sector Undertaking (State PSU).
- Reputed Private Company.
Candidates must have relevant experience in Finance and Accounts, with exposure to at least two or more of the following areas:
- Asset and Liability Management.
- Treasury Operations.
- Raising Resources.
- Working Capital Management.
- Formulation of SOPs.
- Strengthening of Systems and Processes.
- Internal Control Systems.
- Risk Assessment and Mitigation.
- Taxation Matters.
- Project Appraisal with specific emphasis on Financial Analysis.
3. Age Limit
The maximum age limit for OPGC Senior General Manager Finance Recruitment 2026 is 56 years as on 1 October 2026.
|
Particulars |
Age |
|
Maximum Age |
56 Years |
|
Age Calculation Date |
01 October 2026 |
Candidates should refer to the official notification for applicable reservation provisions.
OPGC Senior General Manager Finance Salary 2026
One of the major attractions of this recruitment is its attractive compensation package.
OPGC has introduced a Market Based Salary (MBS) structure with performance-based service conditions.
FIXED ANNUAL CTC
₹29,00,000
Variable Pay
Up to 26%
Of Fixed CTC, subject to performance and applicable company conditions.
Additional Benefits
Other allowances and reimbursements will be provided as per OPGC policy applicable to the grade.
The compensation structure is based on Cost to Company (CTC).
Performance will be the key factor for increments, promotions and rewards under the MBS structure.
OPGC Finance Recruitment 2026: Desired Experience
Apart from the essential qualifications and experience, OPGC has specified certain desirable areas of expertise.
Candidates having knowledge and experience in the following areas will be preferred:
- Accounting Standards and Indian GAAP.
- Finalization of Accounts.
- Audit Matters.
- Power Sector Finance.
- Management of large-scale power sector debt.
- Consortium Banking Relationships.
- Credit Rating Agency Interactions.
- Working Capital Management.
- Discom Receivable Management.
- Power Purchase Agreement (PPA) Billing.
- Regulatory Financial Analysis.
- Long-term Financial Planning.
- Capital Structuring.
- Corporate Tax Planning.
- Consolidated Financial Reporting.
- Plant-level Cost Accounting.
Preference will be given to candidates possessing relevant additional qualifications and work experience in Coal-Based Thermal Power Plants.
OPGC Senior General Manager Finance: Job Responsibilities
The selected candidate will be responsible for managing major financial operations of OPGC, particularly in the power generation sector.
The major responsibilities include:
1. Financial Management
- Manage large-scale power sector debt.
- Handle consortium banking relationships.
- Manage working capital requirements.
- Develop long-term financial plans.
- Handle capital structuring and dividend distribution strategies.
2. Accounts and Taxation
- Lead corporate tax planning.
- Manage consolidated financial reporting.
- Oversee plant-level cost accounting.
- Handle inventory valuation and statutory compliance.
- Maintain fixed asset registers and depreciation records.
3. Power Sector Finance
- Monitor fuel costs and heat rate efficiencies.
- Manage Power Purchase Agreement (PPA) billing.
- Oversee Discom receivables.
- Conduct regulatory financial analysis for tariff petitions.
- Monitor plant operational and maintenance budgets.
4. Key Performance Indicators (KPIs)
OPGC has also prescribed performance indicators for this position:
|
KPI |
Key Responsibility |
|
ERP-SAP Utilization |
Strengthening internal financial controls |
|
Receivable Collection Days |
Improving collection efficiency |
|
Cost of Debt |
Managing borrowing costs |
|
Consolidation Timeline |
Timely closure of financial books |
|
Free Cash Flow |
Maximizing available corporate cash flow |
|
Fuel Variance Accuracy |
Monitoring actual vs budgeted fuel costs |
|
O&M Budget Adherence |
Controlling maintenance expenditure |
|
Capex Project Delivery |
Monitoring project timelines and budgets |
OPGC Recruitment 2026 Selection Process
The selection process for Senior General Manager Finance will be based on a personal interview.
The following stages are involved:
- Submission of online application.
- Screening and shortlisting of applications.
- Personal Interview.
- Final selection based on interview performance and organizational requirements.
- Medical fitness and joining formalities.
Important: There is no written examination mentioned in the official notification. Candidates will be assessed through a personal interview only.
OPGC also reserves the right to increase the minimum eligibility criteria if a large number of applications are received.
OPGC Recruitment 2026: Probation Period
The selected candidate will undergo a minimum probation period of one year from the date of joining.
During probation and after confirmation, the candidate may be posted at any OPGC establishment in Odisha or elsewhere in India, depending on organizational requirements.
How to Apply for OPGC Recruitment 2026?
Candidates must complete both the online application and hard-copy submission processes.
Step 1: Online Application
- Visit the official OPGC career portal.
- Open the recruitment section.
- Find Advertisement No. OPGC/CO/HR/04/2026.
- Read the detailed advertisement.
- Register and complete the online application form.
- Upload your recent photograph and signature.
- Enter your educational qualification and professional experience details.
- Review the application carefully.
- Submit the application and download the final application form.
Step 2: Hard Copy Submission
After successfully submitting the online application, candidates must send a printed copy of the application along with self-attested photocopies of all required documents through Speed Post only.
Postal Address:
Recruitment Cell
Odisha Power Generation Corporation Ltd.
Zone-A, 7th Floor, Fortune Towers
Chandrasekharpur, Bhubaneswar
Odisha – 751023
Important: Merely submitting the online application is not sufficient. The hard copy must reach the prescribed address before the deadline.
Documents Required
Candidates should keep the following documents ready:
- Educational qualification certificates.
- CA / CMA qualification certificates.
- Class 10th certificate for date of birth.
- Experience certificates.
- Appointment and joining orders.
- Relieving orders, wherever applicable.
- Professional experience supporting documents.
- Recent passport-size colour photograph.
- Signature.
- Other applicable category documents.
Important Dates – OPGC Recruitment 2026
|
Event |
Date |
|
Notification Release Date |
28 October 2026 |
|
Online Application Start Date |
28 October 2026, 10:00 AM |
|
Last Date for Online Application |
7 November 2026, 05:00 PM |
|
Last Date for Hard Copy Submission |
13 November 2026, 05:00 PM |
Important Deadline
Candidates must ensure that their hard-copy applications reach OPGC by 13 November 2026, 05:00 PM.
Important Links
|
Particulars |
Link |
|
Official Website |
|
|
Online Application |
|
|
Recruitment Advertisement |
Available in the OPGC Careers Section |
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Frequently Asked Questions (FAQs)
Q1. How many vacancies are announced in OPGC Recruitment 2026?
A. OPGC has announced one vacancy for Senior General Manager – Finance (E-9).
Q2. What is the qualification required for OPGC Finance Recruitment 2026?
A. Candidates must possess a Bachelor's Degree along with CA or CMA qualification.
Q3. What is the required experience for Senior General Manager Finance?
A. Candidates must have at least 25 years of post-qualification experience in an executive position in a Central PSU, State PSU or reputed private company.
Q4. What is the salary offered by OPGC?
A. The fixed annual CTC is ₹29 lakh, along with variable pay of up to 26% of fixed CTC.
Q5. What is the maximum age limit?
A. The maximum age limit is 56 years as on 1 October 2026.
Q6. Is there any written examination?
A. No. Selection will be through a personal interview only.
Q7. What is the last date to apply online?
A. 7 November 2026, up to 05:00 PM.
Q8. What is the last date for hard-copy submission?
A. 13 November 2026, up to 05:00 PM.
Q9. Is OPGC a government organization?
A. Yes. Odisha Power Generation Corporation Limited is a Government of Odisha company.
Q10. Is this a permanent or contractual position?
A. The advertisement states that the position is on OPGC's regular rolls, with a minimum one-year probation period.
Conclusion
OPGC Senior General Manager Finance Recruitment 2026 is an excellent opportunity for highly experienced CA and CMA professionals looking for a senior leadership position in the power generation sector.
With an attractive fixed CTC of ₹29 lakh per annum, variable pay of up to 26%, and a senior executive designation of E-9, this recruitment offers an opportunity to lead important financial operations in a Government of Odisha company.
Eligible candidates should carefully review the official notification and complete both online and hard-copy application formalities before the prescribed deadlines.
Apply online before 7 November 2026 and ensure your hard-copy application reaches OPGC before 13 November 2026.
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