What is the pay scale for Chief Financial Officer Cfo and General Manager Finance?
The sanctioned remuneration is Rs. 25,500 - 29,200 (Level-4) under the 7th Central Pay Commission framework, accompanied by standard Central/State allowances including Dearness Allowance (DA), House Rent Allowance (HRA), and National Pension System (NPS) benefits.
What is the official application deadline?
The confirmed deadline for online application registration and fee settlement is 2026-09-30. Candidates are urged to finalize submissions in advance of the deadline.
How to verify authentic notification circulars from OJEE Authority?
All official notifications and gazetted circulars are published directly on the verified sovereign domain ojee.nic.in. Always cross-check notice references against primary government bulletins.
Explore verified public authorities and related career tracks across the national network:
Access the official OJEE recruitment portal to initiate the One-Time Registration (OTR) by entering a valid email, mobile number, and basic personal details to generate unique login credentials.
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Log in to complete the detailed profile, uploading scanned copies of educational certificates, professional CA/CMA/MBA Finance degrees, experience certificates, and a recent passport-sized photograph in the specified formats.
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Select the CFO and General Manager Finance post, fill out the comprehensive professional experience section detailing post-qualification financial management tenure, and submit the draft application form.
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Pay the non-refundable application fee online using the integrated payment gateway via net banking, credit/debit cards, or UPI, and download the generated transaction receipt for records.
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Monitor the portal for application status updates and download the officially issued Admit Card, which contains the designated examination venue, date, and shift timing details.
Comprehensive Selection Process & Syllabus Framework
The candidate evaluation matrix for Chief Financial Officer Cfo and General Manager Finance is governed by standardized testing protocols designed to assess core competency, analytical reasoning, and specialized domain knowledge.
Selection Phase / Exam Paper
Weightage & Duration
Core Syllabus Scope & Evaluation Focus
Stage 1: Computer Based Screening Test
150 Marks / 150 Minutes
Corporate Financial Reporting, Advanced Management Accounting, Direct and Indirect Taxation Laws, Strategic Financial Management, Quantitative Aptitude and Data Interpretation
Stage 2: Cadre Domain Specialization
100 Marks / 120 Minutes
Government Financial Rules (GFR 2017), Treasury and Cash Management, Public Procurement and GeM Portal, Auditing Standards and Internal Control, Odisha Service Code and Budgetary Procedures
Stage 3: Personal Interview and Presentation
50 Marks / 45 Minutes
Strategic Financial Planning Presentation, Leadership and Decision-Making Capabilities, Knowledge of OJEE Act and Regulations, Communication and Negotiation Skills
Stage 4: Document Verification and Medical Examination
Qualifying / No Marks
Verification of Original CA/CMA/MBA Credentials, Validation of Post-Qualification Experience Certificates, Character and Antecedents Verification, Standard Medical Fitness Assessment
7th Central Pay Commission (CPC) Compensation Structure
The Chief Financial Officer (CFO) and General Manager Finance position at OJEE Authority is classified under Level 13A of the 7th CPC Pay Matrix. The entry basic pay for this senior Group 'A' cadre is Rs. 1,31,100. With the current Dearness Allowance (DA) set at 53%, amounting to Rs. 69,483, and House Rent Allowance (HRA) for a Class Y city like Bhubaneswar calculated at 18% (Rs. 23,598), the remuneration is highly competitive. Additionally, Transport Allowance (TA) of Rs. 7,200 plus DA on TA (Rs. 3,816) is provided, bringing the total Gross Monthly Salary to approximately Rs. 2,35,197. After statutory deductions, including the National Pension System (NPS) contribution of 10% of Basic plus DA (Rs. 20,058) and Professional Tax, the estimated net in-hand monthly salary stands at approximately Rs. 2,13,000, offering a premium compensation package.
Statutory Reservation & Age Relaxation Guidelines
Recruitment to the post of CFO and General Manager Finance under the OJEE Authority strictly adheres to the reservation guidelines issued by the Department of Personnel and Training (DoPT) and the State Government of Odisha. Age relaxations are granted as follows: 5 years for Scheduled Castes (SC) and Scheduled Tribes (ST), 3 years for Other Backward Classes (OBC/SEBC), and 10 years for Persons with Benchmark Disabilities (PwBD). A vertical reservation of 10% is allocated for the Economically Weaker Sections (EWS). Women candidates across all categories benefit from relaxed application fee concessions and horizontal reservation quotas as per prevailing statutory mandates.
Recruitment & Examination FAQs — Chief Financial Officer Cfo and Gen
What is the minimum post-qualification experience required for the CFO and GM Finance post?
Candidates must possess a minimum of 10 years of post-qualification experience in corporate financial management, budgeting, and accounts, with at least 3 years in a senior managerial capacity in a government, PSU, or reputed private organization.
Will there be any normalization of marks for the Computer Based Test?
Yes, if the Computer Based Test is conducted across multiple shifts, a standard multi-shift percentile-based normalization method will be applied to ensure equity among candidates.
Is there a service bond or minimum service agreement for this position?
Selected candidates are required to execute a service indemnity bond to serve the OJEE Authority for a minimum period of 3 years from the date of joining, or pay a stipulated amount in lieu thereof.
What is the duration of the probation period for the selected CFO?
The selected candidate will be placed on a probation period of 2 years, during which their performance, conduct, and financial administration capabilities will be closely monitored before confirmation.
Are professional qualifications like CA or CMA mandatory for this recruitment?
Yes, candidates must be a qualified Chartered Accountant (CA) from ICAI, a Cost and Management Accountant (CMA) from ICMAI, or hold a full-time MBA in Finance from a recognized premier institute.
Where will the primary posting location be for the selected General Manager Finance?
The primary and permanent posting location for the Chief Financial Officer and General Manager Finance will be at the OJEE Authority Headquarters located in Bhubaneswar, Odisha.