MCL Senior Advisor (Finance) Recruitment 2026
Mahanadi Coalfields Limited (MCL), a subsidiary of Coal India Limited, has released a new recruitment notification for the engagement of Senior Advisor (Finance) on a full-time contractual basis. This opportunity is specially designed for retired senior executives who possess extensive experience in the finance sector and wish to contribute their expertise to one of India's leading public sector coal companies.
If you are looking for complete information about the MCL Senior Advisor Recruitment 2026, including eligibility criteria, vacancy details, educational qualification, experience, salary, age limit, selection process, and application procedure, this article covers everything in a simple and easy-to-understand format.
Overview of MCL Senior Advisor Recruitment 2026
The recruitment aims to appoint an experienced finance professional who can provide strategic guidance to MCL, especially in finance-related activities, statutory compliance, and IPO-related matters. Interested and eligible retired executives can submit their applications before the prescribed deadline.
| Particular | Details |
|---|---|
| Organization | Mahanadi Coalfields Limited (MCL) |
| Post Name | Senior Advisor (Finance) |
| Total Vacancy | 01 |
| Job Type | Contractual (Full-Time) |
| Job Location | As decided by MCL |
| Application Mode | Offline & Email |
| Last Date | 03 August 2026 (5:00 PM) |
MCL Recruitment 2026 Vacancy Details
The recruitment notification has announced only one vacancy for the Senior Advisor (Finance) position. Candidates must satisfy all eligibility conditions before applying.
| Post Name | Number of Posts |
|---|---|
| Senior Advisor (Finance) | 01 |
Educational Qualification
Candidates should possess the required educational background along with relevant professional expertise. Preference will be given to applicants with higher finance qualifications.
- Graduate or Postgraduate in Commerce from a recognized University or Institute.
- Desirable Qualification: CA, ICWA, MBA (Finance), or equivalent qualification.
Experience Required
The post is intended for highly experienced retired executives who have served in senior finance positions within Coal India Limited or other eligible government organizations.
- Retired Board Level Officer from CIL, its subsidiaries, PSU, or Autonomous Government Organization.
- Minimum 2 years of service as Director (Finance).
- At least 25 years of experience in the Finance discipline.
- Preference for experience in Corporate Accounts, Taxation, Treasury, Financial Management, Audit, and Regulatory Compliance.
- Knowledge of SAP, Marketing, and Sales will be considered an added advantage.
Age Limit
The age limit has been specified to ensure that experienced retired professionals remain eligible for contractual engagement.
- Maximum Age: 65 Years during the contract period.
Job Responsibilities
The selected Senior Advisor (Finance) will work closely with the MCL management and provide expert advice on important financial matters. The role involves strategic planning, regulatory compliance, and guidance for financial decision-making.
- Provide strategic financial guidance to MCL management.
- Assist in pre-listing and post-listing (IPO) financial activities.
- Ensure statutory and regulatory compliance.
- Support finance-related policy implementation.
- Perform additional assignments as directed by the management.
Salary and Benefits
MCL offers an attractive consolidated remuneration package along with several additional facilities under Coal India Limited's Advisor Policy.
| Benefit | Details |
|---|---|
| Monthly Honorarium | As per CIL Advisor Policy |
| Conveyance | Company vehicle or 5% of consolidated pay |
| Accommodation | Company accommodation or admissible HRA as per city category |
| Mobile Reimbursement | Actual bill up to Rs.1,000 per month |
| Medical Facility | As per applicable CIL rules |
| Leave | 15 days paid leave every six months |
| TA/DA | As per entitlement for equivalent executive grade |
Selection Process
The selection process is designed to identify the most suitable retired finance professional based on qualifications, experience, and interview performance.
- Application Screening
- Shortlisting of Eligible Candidates
- Virtual Interview
- Document Verification
- Medical Fitness Verification
- Final Selection
Important Dates
Candidates should complete the application process before the deadline to avoid rejection due to late submission.
| Event | Date |
|---|---|
| Notification Released | July 2026 |
| Last Date to Apply | 03 August 2026 (5:00 PM) |
How to Apply for MCL Senior Advisor Recruitment 2026?
Eligible retired executives who meet the prescribed eligibility conditions can submit their applications through the offline mode along with an email copy. Candidates should carefully fill out the prescribed application form and attach all the required self-attested documents before the last date.
- Download the official application form from the MCL notification.
- Fill in all the required personal, educational, and professional details.
- Attach self-attested copies of all supporting documents.
- Send the completed application to the General Manager (HR-EE), MCL Headquarters, Jagriti Vihar, Burla, Sambalpur, Odisha.
- Also send the scanned application along with documents to the official email ID mentioned in the notification.
- Ensure that the application reaches MCL on or before 03 August 2026 (5:00 PM).
Documents Required
Candidates should keep all the necessary documents ready before submitting the application. Incomplete applications or missing documents may result in rejection.
- Recent Passport Size Photograph
- Matriculation Certificate (Proof of Age)
- Retirement/Superannuation Order
- Educational Qualification Certificates
- Experience Certificates
- Pay Scale Certificate
- Identity Proof
- Any Other Supporting Documents, if applicable
Important Instructions
Applicants should carefully read all the terms and conditions mentioned in the official notification before applying. Following the instructions correctly will help avoid rejection.
- Applications received after the last date will not be accepted.
- Only eligible retired executives can apply.
- VRS opted candidates are not eligible.
- Incomplete applications are liable to be rejected.
- Shortlisted candidates will be called for a virtual interview.
- No TA/DA will be paid for the selection process.
- MCL reserves the right to modify or cancel the recruitment process at any stage.
Important Links
The following table contains the official links related to the recruitment process. Candidates are advised to use only official sources for updates and application details.
| Particular | Link |
|---|---|
| Official Notification PDF Download | Click Here |
| Apply Offline / Application Format | Attached with Official Notification |
| Official Website | https://www.mahanadicoal.in |
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📲 Join TelegramFrequently Asked Questions (FAQs)
1. How many vacancies are available in MCL Senior Advisor Recruitment 2026?
There is a total of 01 vacancy for the post of Senior Advisor (Finance).
2. What is the last date to apply?
The last date to submit the application is 03 August 2026 up to 5:00 PM.
3. What is the maximum age limit?
The maximum age limit is 65 years during the contract period.
4. What is the selection process?
The selection will be based on shortlisting, virtual interview, document verification, and medical fitness.
5. Is there any application fee?
No application fee has been mentioned in the official notification.
Conclusion
The MCL Senior Advisor (Finance) Recruitment 2026 offers an excellent opportunity for experienced retired finance professionals to continue contributing their expertise in a prestigious Public Sector Undertaking. Candidates fulfilling the eligibility criteria should complete the application process before the deadline and ensure that all required documents are submitted correctly.
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