MAHADISCOM Recruitment 2025 – Apply Online for 120 Posts (Manager, Senior Manager & Deputy Manager)

Overview

MAHADISCOM, a leading state electricity distribution company, is actively hiring experienced finance professionals to strengthen its Finance & Accounts (F&A) department. These positions offer competitive compensation, excellent benefits, and opportunities to work with a premier public sector organization managing power distribution across Maharashtra.

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Organization Details

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📅 Important Dates

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📍 Vacancy Details

MAHADISCOM is recruiting 120 Finance & Accounts professionals across three key positions:

Position-wise Overview

Senior Manager (F&A) – 13 Posts Experienced finance leader role requiring CA/ICWA qualification with 7+ years post-qualification experience. Responsibilities include financial planning, audit management, and strategic finance decisions.

Manager (F&A) – 25 Posts Mid-level finance professional position for CA/ICWA graduates or B.Com+MBA(Finance) professionals with 3+ years experience. Handles accounts management, financial analysis, and compliance.

Deputy Manager (F&A) – 82 Posts Entry to mid-level position for CA/ICWA/M.Com or B.Com+MBA(Finance) graduates with 1+ year experience. Manages routine accounting, financial documentation, and reporting.

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🎓 Educational Qualifications

Requirements vary by position level:

For Senior Manager (F&A)

• Chartered Accountant (CA) Final Passed OR ICWA (CMA) Final Passed
• Minimum 7 years of relevant post-qualification experience in Finance, Accounts, or Audit
• Experience gained after acquiring essential qualification only counts
• Degree/Diploma must be from Government of India recognized institute/university

For Manager (F&A)

For External Candidates:

• CA Final Passed OR ICWA (CMA) Final Passed
• Minimum 3 years relevant post-qualification experience in Finance, Accounts, or Audit

For MAHADISCOM Internal Employees:

• B.Com + MBA (Finance) OR M.Com (with relevant experience)
• Minimum experience as per internal norms

For Deputy Manager (F&A)

• CA Final Passed OR ICWA (CMA) Final Passed OR M.Com OR
• B.Com + MBA (Finance)
• Minimum 1 year of post-qualification experience in Finance, Accounts, or Audit
• Degree must be from recognized institution

Important Note: All qualifications must be from Government of India recognized universities/institutes. Experience is counted only after acquiring the essential qualification.

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💰 Salary / Stipend Details (Per Month)

All salaries follow the 7th Pay Commission structure:

Additional Benefits Include

• Dearness Allowance (DA) – As per government norms
• House Rent Allowance (HRA) – Based on city classification
• Medical Benefits – Comprehensive health coverage for employee & family
• Leave Encashment – Unused leaves converted to payment
• Contributory Provident Fund (CPF) – Retirement savings scheme
• Gratuity – End-of-service benefit
• Other Benefits – As per company rules and government regulations

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⏳ Age Limit (As on 27 June 2025)

Age Relaxation Applicable

• Backward Class (SC/ST/OBC): 5 years additional relaxation
• Persons with Disability (PwBD): Up to 45 years (10 years relaxation)
• Departmental Candidates: Up to 57 years
• Meritorious Sportspersons: Up to 5 years additional (maximum 43 years for sports quota)

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🎯 Selection Process

MAHADISCOM follows a transparent, merit-based 4-stage selection process:

Stage 1: Online Examination (Objective Type)

• Written test evaluating finance knowledge, accounting principles, and general aptitude
• Test designed specifically for the applied position level
• Cut-off marks determined by merit and vacancies
• Top performers shortlisted in 1:3 ratio (3 candidates for each vacancy)

Stage 2: Personal Interview

• Structured interview with senior finance professionals
• Assessment of technical knowledge, experience, and communication skills
• Candidates demonstrate expertise in financial management and problem-solving
• Shortlisting from candidates who clear the written test

Stage 3: Document Verification

• Original certificates verified against submitted documents
• Educational qualifications, experience letters, and age proof checked
• Only candidates clear in this stage proceed further

Stage 4: Final Merit List

• Final ranking determined by combined performance in:
  • Online Test score (weighted percentage)
  • Interview score (weighted percentage)
• Merit list prepared based on aggregate score
• Selected candidates notified for appointment

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📑 How to Apply

Follow these simple steps to apply online:

Step 1: Visit Official Portal

Go to www.mahadiscom.in or the designated application portal (IBPS Online typically handles MAHADISCOM recruitment).

Step 2: Register Account

• Click “New User Registration”
• Enter your basic details (Name, Email, Phone, Date of Birth)
• Create a strong password
• Verify email to activate account

Step 3: Fill Application Form

• Select the position (Senior Manager/Manager/Deputy Manager)
• Enter personal information (Age, Gender, Category)
• Fill educational qualification details
• Mention work experience with dates and organizations
• Upload recent passport-size photograph (JPEG/PNG format)
• Ensure all information is accurate and complete

Step 4: Select Examination Centre

• Choose your preferred test location from available options
• Selection typically available in major cities across Maharashtra

Step 5: Pay Application Fee

Payment Methods Available:

• Debit Card
• Credit Card
• Internet Banking
• UPI

Step 6: Download Confirmation

• Receive confirmation email with Registration Number
• Download and save your application form
• Keep the reference number safe for future correspondence
• Print and retain copy for records

Step 7: Submit Documents (if required)

• Some organizations may require hard copy submission
• Check official notification for document submission details
• If required, post documents before the deadline

Step 8: Monitor Your Application

• Regularly check email and official website for updates
• Download admit card when released (usually 1 week before exam)
• Note exam date, time, and center details
• Arrive 30 minutes early on exam day

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⚙️ Key Documents Required

Have the following documents ready before applying:

Educational Certificates (Original + Photocopy)

CA/ICWA Final Certificate:

• Certificate from Institute of Chartered Accountants of India (ICAI) or Institute of Cost Accountants of India (ICAI)
• Shows qualification date clearly

Master’s/Bachelor’s Degree:

• M.Com or B.Com degree certificate
• Mark sheets of all semesters
• Transcript (if available)

MBA/PGDM Certificate (if applicable):

• MBA Finance degree certificate
• Marks/grade sheet
• From recognized institute

Government & Official Documents

Age Proof (Any one):

• Birth Certificate
• School leaving certificate (HSLC/10th Pass Certificate)
• Passport
• Aadhar Card
• Voter ID

Category Certificate (for SC/ST/OBC):

• Issued by District Magistrate or competent authority
• Recent, preferably within 5 years
• Shows caste name clearly
• English language preferred

Address Proof (Any one):

• Voter ID
• Aadhar Card
• Passport
• Utility bill (Electricity/Water)
• Rent agreement

Experience & Professional Documents

Experience Certificates:

• From all previous employers
• States designation, duration (dates), responsibilities
• On company letterhead with signature and seal
• Clearly mentions “Post-qualification experience”

Salary Slips/Payroll Records:

• Last 3-6 months salary slips
• Proof of current/recent employment
• Shows designation and salary details

Personal Documents

Passport-Size Photographs:

• 4-6 recent colored photographs (4×6 cm)
• Taken within last 6 months
• Clear face, neutral background
• No glasses, without head covering
• Same as used in application form

Optional Documents (for added advantage):

• Professional certifications/training certificates
• Achievement/award certificates
• Publications or research papers (for experience)
• Aadhar card (both sides photocopy)

Important Document Guidelines

• Keep originals safe – Only submit photocopies
• Self-attest copies – Sign on each photocopy
• Get clear copies – Blurry/illegible documents may be rejected
• Arrange in order – Follow the sequence specified
• Use white paper – For clear, legible copies
• Bring originals – For document verification stage

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📘 Important Links

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Key Points to Remember

✅ Applications online only – No offline submissions accepted ✅ Fee is non-refundable – Pay only once; no duplicate payments ✅ Eligibility checked – Strictly as per qualification & experience norms ✅ Merit-based selection – No interview fee or hidden charges ✅ Transparency – All results published with cutoff marks ✅ No preference – All candidates treated equally regardless of background ✅ Document verification mandatory – Bring originals at verification stage ✅ Employment confirmation – Final offer letter after all formalities ✅ Canvassing not allowed – Any influence attempt leads to disqualification

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Quick Application Checklist

• Verify your CA/ICWA/M.Com/B.Com+MBA qualifications
• Calculate post-qualification experience (from certificate date)
• Check age eligibility as on 27 June 2025
• Get latest color passport-size photograph
• Photocopy all educational certificates
• Obtain experience certificates from employers
• Get caste certificate (if SC/ST/OBC)
• Keep aadhar/voter ID ready
• Plan application fee payment
• Create email account if needed
• Fill application carefully without errors
• Save registration number after submission
• Download confirmation immediately
• Note important dates (exam date, result date)

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Success Tips

🚀 Apply early – Don’t wait for last-minute rush 🚀 Verify qualifications – Ensure your degree is recognized by Government of India 🚀 Count experience correctly – Only post-qualification experience counts 🚀 Double-check details – Wrong information leads to rejection 🚀 Prepare for exam – Study accounting, finance, and general knowledge 🚀 Be interview-ready – Discuss your experience confidently 🚀 Keep documents organized – Easy access during verification 🚀 Follow instructions – Read notification thoroughly before applying 🚀 Track application – Note reference number and check status regularly

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Apply Now and Advance Your Career with MAHADISCOM! 💼