📋 Complete Advertisement & Guidelines
MAHADISCOM MSEDCL Recruitment 2026: Overview
The Maharashtra State Electricity Distribution Company Limited (MSEDCL), a division of MAHADISCOM, has announced a major recruitment drive for 120 vacancies in the Accounts & Finance cadre. This is a prestigious opportunity for qualified Chartered Accountants, Cost Accountants, and Finance MBA professionals to join Maharashtra's primary power distribution utility.
Recruitment Type: This is a Competitive Examination based recruitment. The selection process involves an Online Examination followed by a Personal Interview. Candidates must prepare for a rigorous objective-type test covering Professional Knowledge, General Aptitude, and English.
Key Highlights
| Organization Name | Maharashtra State Electricity Distribution Company Limited (MSEDCL) |
|---|---|
| Post Name | Senior Manager (F&A), Manager (F&A), Deputy Manager (F&A) |
| Total Vacancies | 120 |
| Application Start Date | 03-02-2026 |
| Application Last Date | 18-02-2026 |
| Mode of Application | Online |
| Official Website | www.mahadiscom.in |
Vacancy Details
Out of the total 120 vacancies, the posts are distributed as follows:
| Post Name | Total Vacancies | Pay Scale / Salary (Per Month) | Age Limit (as on 27/06/2026) |
|---|---|---|---|
| Senior Manager (F&A) | 13 | Rs. 97,220 - 2,09,445 | Maximum 40 Years |
| Manager (F&A) | 25 | Rs. 75,890 - 1,68,865 | Maximum 40 Years |
| Deputy Manager (F&A) | 82 | Rs. 54,505 - 1,37,995 | Maximum 35 Years |
Salary Components: Basic Pay + Dearness Allowance (DA) + HRA + Medical Benefit + Leave Encashment + CPF + Gratuity as per company rules.
Eligibility Criteria
1. Educational Qualification & Experience
Note: Degrees must be from a University/Institute recognized by the Government of India. Experience is calculated only after acquiring the essential qualification.
- Senior Manager (F&A): CA/ICWA (CMA) Final Passed + 7 years of relevant post-qualification experience in Finance/Accounts/Audit.
- Manager (F&A): CA/ICWA (CMA) Final Passed + 3 years of relevant post-qualification experience. (For MSEDCL employees: B.Com + MBA(Finance) or M.Com is acceptable).
- Deputy Manager (F&A): CA/ICWA(CMA)/M.Com OR B.Com + MBA(Finance) + 1 year of post-qualification experience in Finance/Accounts/Audit.
2. Age Limit & Relaxation
Cut-off Date: Age is calculated as of 27/06/2026.
- Senior Manager & Manager: Max 40 Years.
- Deputy Manager: Max 35 Years.
Age Relaxation:
- Backward Class: 5 years relaxation (applicable for reserved posts).
- Departmental Candidates: Up to 57 years.
- PwD: Up to 45 years.
- Sportspersons/Orphan: Up to 5 years (Max 43 years for Sports).
Selection Process & Exam Structure
The selection will be based on the performance in the Online Examination and Personal Interview. Shortlisting for the interview will be in a ratio of 1:3.
Selection Stages
- Online Examination (Objective Type): Screening test.
- Personal Interview: For candidates qualifying in the Online Exam.
- Document Verification: Final verification of credentials.
- Final Merit List: Based on combined performance in Online Test + Interview.
Expected Exam Pattern (Online CBT)
Note: Based on standard MAHADISCOM patterns. Final pattern will be in the admit card.
| Section | No. of Questions | Marks | Duration |
|---|---|---|---|
| Professional Knowledge (Finance/Audit/Accounts) | 50 | 50 | Composite 90 Mins |
| General English & Marathi Language | 20 | 20 | |
| General Aptitude (Reasoning & Quant) | 30 | 30 | |
| Total | 100 | 100 | 90 Minutes |
Important Exam Rules
- Negative Marking: Likely 1/4th (0.25) marks deducted for every wrong answer (To be confirmed in official notification).
- Syllabus Highlights:
- Professional Knowledge: Accounting Standards (Ind AS), Indian Taxation (Direct & Indirect), Auditing Standards, Cost Accounting, Financial Management, Corporate Laws, Electricity Industry Regulations.
- General Aptitude: Logical Reasoning, Data Interpretation, Basic Numeracy.
Application Fee
| Category | Fee Amount |
|---|---|
| Open Category / General | Rs. 700/- + GST |
| Reserved Category (SC/ST/VJ/DT/NT/OBC) | Rs. 350/- + GST |
| Ex-Servicemen / PwD | Rs. 350/- + GST |
Payment Mode: Online (Credit/Debit Card, Net Banking, UPI).
How to Apply
- Visit the official website www.mahadiscom.in.
- Navigate to the Careers section and click on Recruitment of Manager/Sr. Manager (F&A) 2026.
- Click on Apply Online and complete the New Registration process with your email and mobile number.
- Log in with your credentials and fill in the detailed application form with Personal, Educational, and Experience details.
- Upload scanned copies of required documents (Photo, Signature, Degree Certificates, Experience Letters) in the specified format.
- Pay the application fee online based on your category.
- Review the form carefully and click Submit.
- Download and save the confirmation page/print the application form for future reference.
Important Dates
- Notification Release: 27-06-2025
- Online Application Start: 03-02-2026 (10:00 AM)
- Application End Date: 18-02-2026 (11:59 PM)
- Admit Card Release: To be notified on the official website.
- Online Examination Date: To be announced.
Important Links
- Official Notification PDF: Download Here
- Apply Online Link: (Active from 03-02-2026)
- Official Website: www.mahadiscom.in