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Job Description

Overview

NewSpace India Limited (NSIL), operating under the Department of Space, has announced an opening for the Chief Manager role focusing on accounts and finance. This appointment is structured on a regular basis under Grade E5, offering structured IDA pay scales. The position serves a critical function in overseeing financial operations, strategic budgeting, and regulatory compliance for advanced space-related commercial activities.

Key Responsibilities

  • Manage comprehensive financial planning, forecasting exercises, and complex budgetary reviews to assist organizational administration.
  • Ensure stringent compliance with central financial laws, statutory guidelines, and taxation frameworks.
  • Liaise efficiently with statutory auditors, Comptroller and Auditor General entities, and respective financial bodies.
  • Direct investment assessments and risk mitigation procedures while mentoring department personnel.
  • Implement modernized corporate financial policies and standard operational workflows.
  • Deliver analytical reports to senior management to guide fiscal decision-making.
  • Coordinate banking interactions and financial transactions across institutional channels.

Why Apply

Working with a Central Public Sector Enterprise under the Department of Space offers unmatched professional exposure within India's growing aerospace sector. The position features competitive IDA pay bands, extensive allowances, and robust medical benefits under company health schemes, providing a stable and prestigious career path for qualified financial experts.

Important Dates

  • Advertisement Date: 23 October 2026
  • Online Application Closing Date: 25 November 2026
  • Hard Copy Submission Deadline: 30 November 2026

Quick Facts

  • Organization: NewSpace India Limited
  • Total Vacancies: 1 Unreserved Post
  • Location: All India
  • Pay Scale: Rs. 80,000 - 2,20,000/-

ISRO NSIL Chief Manager Recruitment 2026 – Apply Online Overview

Registration Date
23 Oct 2026 – 25 Nov 2026
Salary
₹80,000 - ₹2,20,000 /month
Vacancies
1 Post
Eligibility
CA, ICWA, ICMAI
Application Link

Vacancy Details

  • Chief Manager - Accounts & Finance (Post Code CMF-01): 1 Vacancy (Un-Reserved)

How to Apply

  1. Access the online application portal via the QR code provided in the official notification document.
  2. Fill out all mandatory personal and educational fields accurately before final submission.
  3. Ensure active email and contact numbers are provided for ongoing communication.
  4. Prepare a Demand Draft for the requisite application fee if applicable.
  5. Print the submitted online application form and attach self-attested copies of required educational and experience certificates.
  6. Write the name of the applied post on the envelope explicitly.
  7. Dispatch the hard copy along with all supporting documents through registered post, speed post, or courier to the Deputy General Manager-HR & Administration, NewSpace India Limited, 11th floor, Brigade Rubix, 20, Watch Factory Road, Phase-1, Yashwanthpur, Bengaluru-560013 before 30 November 2026.

Cutoff Marks

Cut-off marks are determined based on performance standards in the selection stages and category criteria.

Application Fee

General, OBC, and EWS candidates must pay an application fee of Rs. 500/- plus 18% GST, totaling Rs. 590/- via Demand Draft drawn in favor of NewSpace India Limited payable at Bangalore.

Women, Scheduled Castes, Scheduled Tribes, and Persons with Benchmark Disabilities are completely exempted from paying the application fee.

Age Limit

Maximum age limit is 48 years as on 25 November 2026, with age relaxations applicable for Ex-Servicemen and Jammu & Kashmir domiciles as per government guidelines.

Selection Process

Selection Stages

The selection methodology incorporates a written test and/or a personal interview as determined by the organization. Meeting the baseline qualifications does not automatically guarantee an interview call.

Merit Determination

Final shortlisting and appointment decisions rely entirely on the candidate's performance demonstrated during the written assessment and interview rounds, combined with document verification procedures.

Exam Pattern

The examination pattern comprises relevant written assessments or professional interviews designed to evaluate technical competence in accounts, finance, and enterprise management.

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Organization

NewSpace India Limited is a central public sector enterprise functioning under the administrative control of the Department of Space, Government of India. Incorporated in March 2019, the organization spearheads commercial space activities, technology transfers, and the production of advanced space systems. Its headquarters are situated in Bengaluru, Karnataka.

Frequently Asked Questions

There is a total of 1 vacancy available for the Chief Manager - Accounts & Finance position, which falls under the Unreserved (UR) category. Review the official notification PDF for detailed role breakdowns.

Candidates must possess a Bachelor's Degree in First Class along with a pass in the final examination of either CA or ICWA from recognized institutions. Relevant post-qualification experience of 16 years is also mandatory.

The upper age limit is set at 48 years as on the closing date of 25 November 2026. Age relaxations apply to eligible categories such as Ex-Servicemen and Jammu & Kashmir domiciles.

The online application window closes on 25 November 2026 at 6:00 PM, and the printed hard copy must reach the designated NSIL office by 30 November 2026.

Yes, the application fee is ₹590 (including 18% GST) paid via Demand Draft. Women, SC, ST, and PWD candidates are fully exempted from this fee. Check the notification for payment details.

The selection procedure involves a written test and/or a personal interview conducted on schedules announced by NSIL. Final placement relies on overall performance and merit.

Selected candidates will receive a monthly salary in the IDA pay scale of ₹80,000 - ₹2,20,000, supplemented by dearness allowance, house rent allowances, and company health schemes.

Applicants must first complete the online application process via the official QR code, then mail the hard copy along with necessary certificates and the Demand Draft to the Bengaluru office address.
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