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MCL Sr. Advisor (Finance) Recruitment 2026: Apply Offline for 1 Vacancy | Eligibility, Salary & Last Date

If you are a retired senior finance executive looking for a prestigious contractual opportunity, Mahanadi Coalfields Limited (MCL) has released an official notification for the recruitment of 01 Full-Time Senior Advisor (Finance). Eligible retired board-level officers from Coal India Limited (CIL), its subsidiaries, PSUs, and autonomous government organizations can apply before the last date.




Organization Details

  • Organization: Mahanadi Coalfields Limited (MCL)
  • Parent Company: Coal India Limited (CIL)
  • Job Type: Contract Basis
  • Post Name: Senior Advisor (Finance)
  • Total Vacancy: 01
  • Job Location: As decided by MCL based on operational requirements
  • Application Mode: Offline / Email
  • Advertisement Date: 18 July 2026


Important Dates

  • Notification Released: 18 July 2026
  • Last Date to Apply: 03 August 2026 (5:00 PM)


Vacancy Details

Senior Advisor (Finance)

  • Number of Posts: 01


Educational Qualification

Candidates should possess:

Essential Qualification

  • Graduate or Postgraduate in Commerce from a recognized University or Institute.

Desirable Qualification

  • CA
  • ICWA
  • MBA (Finance) or equivalent qualification.


Age Limit

  • Maximum Age: 65 Years during the contract period.


Experience Required

Applicants must satisfy the following experience criteria:

  • Must have worked for at least 2 years as Director (Finance) in CIL, its subsidiaries, PSUs, or eligible organizations.
  • Minimum 25 years of experience in the Finance discipline.

Preference will be given to candidates having experience in:

  • Corporate Accounts
  • Corporate Taxation
  • Financial Management
  • Internal Audit
  • Treasury Management
  • Statutory Compliance
  • Regulatory Compliance

Additional advantage:

  • Knowledge of SAP
  • Experience in Marketing & Sales


Job Responsibilities

The selected Senior Advisor (Finance) will:

  • Provide strategic financial guidance to MCL.
  • Assist in Pre-IPO and Post-IPO financial activities.
  • Ensure statutory and regulatory compliance.
  • Guide management in finance-related decision-making.
  • Perform additional assignments entrusted by MCL management.


Salary & Benefits

Selected candidates will receive benefits as per CIL policy.

Benefits include:

  • Monthly consolidated remuneration (as per CIL policy)
  • Company vehicle (subject to availability)
  • 5% conveyance allowance if vehicle is not provided
  • Company accommodation (subject to availability)
  • House Rent Allowance if accommodation is unavailable
  • Mobile bill reimbursement up to ₹1,000 per month
  • Medical benefits
  • Paid leave (15 days every six months)
  • TA/DA for official tours


Selection Process

Eligible candidates will be shortlisted and invited for:

  • Virtual Interview

Final selection will be based on interview performance.

No TA/DA will be paid for attending the interview.


Required Documents

Applicants should attach self-attested copies of:

  • Matriculation Certificate (Age Proof)
  • Retirement/Superannuation Order
  • Educational Certificates
  • Experience Certificates
  • Pay Scale Certificate


Notification PDF: Open



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