NewSpace India Limited (NSIL), a Government of India company under the Department of Space, has announced a recruitment opportunity for experienced finance professionals for the post of Chief Manager – Accounts & Finance. The recruitment has been notified under Advertisement No. NSIL/2026/01 dated 23 October 2026.
The position offers an opportunity to work with a Central Public Sector Enterprise associated with India’s growing space sector. NSIL has invited applications for one unreserved vacancy on a regular basis.
NSIL Chief Manager Recruitment 2026 – Key Details
| Particular | Details |
|---|---|
| Organisation | NewSpace India Limited (NSIL) |
| Ministry/Department | Department of Space, Government of India |
| Post | Chief Manager – Accounts & Finance |
| Post Code | CMF-01 |
| Vacancy | 1 |
| Category | Unreserved (UR) |
| Advertisement No. | NSIL/2026/01 |
| Advertisement Date | 23 October 2026 |
| Appointment | Regular |
| Grade | E5 |
| Pay Scale | ₹80,000 – 3% – ₹2,20,000 |
| Maximum Age | 48 years |
| Online Application Last Date | 25 November 2026, 6:00 PM |
| Hard Copy Last Date | 30 November 2026, 6:00 PM |
| Place of Posting | Any NSIL office location in India |
Who Can Apply?
The post is specifically aimed at experienced finance professionals. Candidates must possess a Bachelor’s Degree in First Class along with a pass in the final examination of CA / ICWA from the Institute of Chartered Accountants of India / Institute of Cost Accountants of India, respectively.
The experience requirement is substantial. Candidates must have 16 years of post-qualification experience in Accounts and Finance, including at least two years in the immediate lower grade/scale of IDA ₹70,000–₹2,00,000 or an equivalent level. For private-sector candidates, the advertisement specifies an equivalent level of ₹15 lakh per annum CTC.
Preference may be given to candidates having experience in PSUs, aerospace organisations, PSE joint ventures, Central Government, State Government or the private sector. Candidates should also have proficiency in ERP-based accounting systems and financial software.
Importantly, only experience acquired after obtaining the prescribed minimum qualification will be counted as relevant post-qualification experience.
Attractive Pay Package
The selected candidate will be appointed in Grade E5 with an IDA pay scale of:
₹80,000 – 3% – ₹2,20,000
In addition to basic pay, the overall remuneration includes applicable Dearness Allowance, House Rent Allowance and Cafeteria Allowance, among other benefits. NSIL employees are also entitled to benefits under the company’s applicable group health schemes.
Key Responsibilities
The Chief Manager – Accounts & Finance will have an important leadership role within NSIL’s finance function.
Major responsibilities include:
- Overseeing financial planning, budgeting and forecasting.
- Conducting financial analysis to support strategic decision-making.
- Ensuring compliance with government financial regulations, tax laws and statutory requirements.
- Coordinating with CAG, GST authorities and other financial auditors and regulatory bodies.
- Providing leadership in investment planning and risk assessment.
- Developing and implementing financial policies, procedures and best practices.
- Supporting management through detailed financial analysis and reporting.
- Liaising with banks, financial institutions and government agencies for financial transactions.
- Leading the Accounts & Finance function and ensuring its efficient operation.
Selection Process
NSIL will conduct the selection through a written test and/or interview, as per the schedule announced by the company.
The final selection will be based on the candidate’s performance in the written test and/or interview and the order of merit.
Candidates should carefully enter all information in the application form because changes will not be permitted after submission.
Application Fee
The prescribed application fee is:
- ₹500 + 18% GST = ₹590
- Payment is through Demand Draft in favour of NewSpace India Limited, payable at Bengaluru.
- Women, SC, ST and PwBD candidates are exempted from payment of the application fee.
Important Application Dates
Advertisement Date: 23 October 2026
Last Date for Online Application: 25 November 2026, 6:00 PM
Last Date for Receipt of Hard Copy: 30 November 2026, 6:00 PM
Candidates must first submit the online application through the QR code provided in the official advertisement. A hard copy of the submitted application, along with the prescribed documents and applicable Demand Draft, must subsequently reach NSIL by the specified deadline.
The hard copy should be sent by Registered Post, Speed Post or Courier to the NSIL HR & Administration office in Bengaluru. Hand-delivered applications are not accepted.
Place of Posting
Candidates selected for the post must be willing to work at any location in India where NSIL has an office and should also be willing to travel across India as required.
Why This Opportunity Matters for CA/CMA Professionals
The NSIL recruitment is particularly relevant for senior CA and Cost & Management Accounting professionals looking for leadership opportunities in the public-sector ecosystem.
Unlike apprenticeship or entry-level finance positions, this is a senior regular CPSE appointment requiring significant post-qualification experience. The role combines financial management, statutory compliance, budgeting, risk assessment, government financial regulations and strategic decision-making.
With India’s space sector undergoing rapid expansion, experienced finance professionals can find opportunities to contribute to a sector involving satellite services, launch services, spacecraft-related activities, technology transfer and other commercial space initiatives.
How to Apply
Interested candidates should carefully read the complete advertisement and follow the application procedure prescribed by NSIL.
Official NSIL Career Page: NewSpace India Limited’s Careers section carries Advertisement No. NSIL/2026/01 and the recruitment document.
Official Website: www.nsilindia.co.in
Candidates are advised to rely on the official NSIL advertisement for eligibility, experience, documentation, application procedure and any subsequent corrigendum or extension.
Important Note
The vacancy is one unreserved post, and merely meeting the minimum qualification and experience requirements does not automatically guarantee an interview call. Candidates should ensure that their qualifications and experience are supported by the required documentary evidence.
Source: Official Recruitment Advertisement, NewSpace India Limited, Advertisement No. NSIL/2026/01 dated 23 October 2026.
