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NewSpace India Limited (NSIL), under the Department of Space, is seeking a Chief Manager (Accounts & Finance) to oversee financial operations, budgeting, and compliance under Grade E5 with IDA pay scales.
The role focuses on strategic financial planning, statutory compliance, and liaison with auditors, delivering reports to senior management. Location is India-wide with a focus on core financial leadership in the public sector.
Any location in India
Apply By: 25 Nov 2026
Status: Active / Open
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.
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.
Cut-off marks are determined based on performance standards in the selection stages and category criteria.
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.
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.
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.
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.
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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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.