MAHAGENCO Recruitment 2026: Apply Online for 21 Manager, General Manager & Other Finance Posts

Reviewed By: Prem Krishnan
🕒 Last Updated: February 25, 2026
Latest Jobs 📅 25 Feb, 2026 📍 Maharashtra
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Job Overview / Summary
Organization Maharashtra State Power Generation Company Ltd. (MAHAGENCO)
Post Name Manager, General Manager and Other Posts
Qualification CA / ICWA final passed, Inter CA / Inter ICWA, MBA(Finance), M.Com
Location Maharashtra, Maharashtra
Salary Rs. 54505 - 256755 Per Month
Last Date to Apply 20 March 2026
MAHAGENCO Recruitment 2026: Apply Online for 21 Manager, General Manager & Other Finance Posts Featured Image

Full Notification

Welcome to the official recruitment announcement for the Maharashtra State Power Generation Company (MAHAGENCO) 2026. This Sarkari Job opportunity invites qualified professionals to apply for 21 prestigious positions in the Finance & Accounts department. The Recruitment 2026 drive offers competitive salaries and a structured career path within one of Maharashtra's leading power generation organizations. Interested candidates must review the Eligibility Criteria carefully and submit their applications online before the deadline. This comprehensive guide provides all essential details about the Vacancies, selection process, and step-by-step application instructions.

Organization Overview

The Maharashtra State Power Generation Company (MAHAGENCO) is a premier public sector undertaking responsible for power generation across Maharashtra. Established to meet the state's growing energy demands, MAHAGENCO operates multiple thermal, hydro, and renewable energy plants. The organization is committed to excellence in power generation and offers dynamic career opportunities for finance professionals. This recruitment drive aims to strengthen the Finance & Accounts department with skilled personnel who can contribute to the company's financial management and strategic growth.

Post Details

MAHAGENCO has announced openings for various managerial positions in the Finance & Accounts division. These roles involve financial planning, budgeting, accounting, and auditing functions critical to the company's operations. Successful candidates will join a professional team dedicated to maintaining financial integrity and supporting MAHAGENCO's mission of reliable power generation.

Post Name Total Posts
General Manager (F&A) 3
Asst. General Manager (F&A) 3
Sr. Manager (F&A) 9
Manager (F&A) 4
Dy. Manager (F&A) 2
Total 21

Eligibility Criteria

Educational Qualifications

Candidates must possess specific professional qualifications as per the post applied for. The requirements are designed to ensure that applicants have the necessary expertise in finance and accounting.

  • General Manager (F&A): CA / ICWA final passed
  • Asst. General Manager (F&A): CA / ICWA final passed
  • Sr. Manager (F&A): CA / ICWA final passed
  • Manager (F&A): CA / ICWA final passed
  • Dy. Manager (F&A): Inter CA / Inter ICWA OR MBA(Finance) / M.Com

Age Limit

The maximum age limits vary by position, with relaxations available for reserved categories and existing employees. Applicants must ensure they meet the age criteria as of the last date of application.

  • General Manager (F&A): Maximum 48 years
  • Asst. General Manager (F&A): Maximum 40 years
  • Sr. Manager (F&A): Maximum 40 years
  • Manager (F&A): Maximum 40 years
  • Dy. Manager (F&A): Maximum 38 years
  • Age Relaxation: Reserved / EWS: +5 years; Mahagenco Employees: 57 years; PwBD: 45 years

Application Fee

The application fee is mandatory for most candidates and must be paid online. Fee exemptions apply for Persons with Benchmark Disabilities (PwBD).

Category Fee
For General/OBC Candidates ₹944 (incl. GST)
For SC/ST Candidates ₹708 (incl. GST)
PwBD Nil

Selection Process

The selection process for MAHAGENCO Finance & Accounts positions is comprehensive and multi-stage, designed to assess candidates' technical knowledge, analytical skills, and professional aptitude.

  • Assessment Centre Test (In-Basket Exercise + Group Discussion + Case Discussion + Presentation)
  • Online Test
  • Document Verification
  • Personal Interview

Important Dates

Candidates must adhere to the following timeline for successful application submission. Late applications will not be considered.

Event Date
Website link open for online application 20 February 2026
Last date for online application & online fee payment 20 March 2026
Last date for receipt of hard copy (HR01, HR02, HR03 only) 20 March 2026

How to Apply

Follow these detailed steps to complete your application for MAHAGENCO Recruitment 2026. Ensure all information is accurate and documents are uploaded in the prescribed format.

  1. Visit the official application portal using the provided link.
  2. Register by providing basic personal details to generate login credentials.
  3. Fill the online application form with accurate educational and professional information.
  4. Upload scanned copies of photograph, signature, and required certificates as per specifications.
  5. Pay the application fee online through the available payment gateway, if applicable.
  6. Review all entered details carefully before final submission.
  7. Submit the application and take a printout of the confirmation page for future reference.
  8. For specific posts (HR01, HR02, HR03), send the hard copy of the application to the designated address by the deadline.

Frequently Asked Questions

The last date to submit the online application and complete the fee payment is 20 March 2026. Candidates must also submit the hard copy (HR01, HR02, HR03 forms) by the same date.
MAHAGENCO has announced a total of 21 vacancies for Finance & Accounts positions, including General Manager, Asst. General Manager, Sr. Manager, Manager, and Dy. Manager roles.
The salary ranges from Rs. 54,505 to Rs. 2,56,755 per month depending on the post. General Manager positions offer the highest salary, while Dy. Manager positions have the lowest range.
For General Manager, Asst. General Manager, Sr. Manager, and Manager positions, candidates must have CA or ICWA final qualification. For Dy. Manager positions, Inter CA, Inter ICWA, MBA(Finance), or M.Com qualifications are acceptable.
The maximum age limit varies: General Manager (48 years), Asst. General Manager/Sr. Manager/Manager (40 years), and Dy. Manager (38 years). Age relaxations are available for reserved categories and existing employees.
The selection process includes an Assessment Centre Test (with multiple components), Online Test, Document Verification, and Personal Interview.
Yes, the application fee is ₹944 (including GST) for General/OBC candidates and ₹708 for SC/ST candidates. Persons with Benchmark Disabilities (PwBD) are exempt from the fee.
Verified Author Profile
PK

Prem Krishnan

Founder, Editor & Government Jobs Content Strategist

Prem Krishnan is the Founder and Editor of Sarkari Job Finders. He researches, verifies, and publishes government job notifications, admit cards, results, answer keys, scholarships, admissions, and educational updates from official government sources across India. His goal is to provide accurate, timely, and easy-to-understand information for job seekers, students, and aspirants.

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