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

