Associate III - Finance

Who we are:

NewSpace Research & Technologies (NRT) is a leading developer of cyber-physical and robotics systems for the aerospace and defence industry. Founded in 2017, NRT today operates across 12 facilities with an employee base of over 600 people. An engineering powerhouse with 70% of its workforce dedicated to R&D in state-of-the-art facilities, NRT is building cutting-edge technologies for persistent UAVs, swarm robotics and AI packages.

NRT is ISO 9001, AS9100D and Great Place to Work certified, authorized for defence manufacturing by DPIIT, and holds 2 patents along with over 10 proprietary technology stacks. Additionally, NRT’s products hold several records, including the first operational swarm acquired by any national defence force, highest multirotor altitude at 7000m, highest payload of 25 kgs carried at 6 km AMSL, and the Asian record for the longest solar-powered flight at 27 hours. NRT is also the first Indian company to work under a CRADA with USAFRL since August 2019 and the first to demonstrate swarm flights in Japan.

Location: BengaluruQualification: CA Inter or B.ComExperience: 5–7 years of relevant experience in finance, accounting, treasury, banking, audit support, and related finance operations.

Role Summary

Seeking a finance professional with CA Inter or B.Com qualification and 5–7 years of relevant experience to independently manage critical finance activities in a fast-paced, high-growth startup. The role requires ownership, analytical ability, stakeholder management, and flexibility to handle both planned and ad-hoc assignments arising from rapid business expansion and fundraising.

Key Responsibilities

Prepare monthly cash flow statements, forecasts, MIS, and Budget vs Actual analysis.Maintain Fixed Asset Register, capitalization, depreciation, asset verification, and disposals.Support milestone closure documentation, SOEs, and utilisation reports for government-funded projects.Coordinate statutory, internal and IFC audits; prepare schedules and resolve audit queries.Manage insurance renewals, marine declarations, and asset data for insurers.Support regulatory filings including FLA and other finance compliances.Support fundraising, financial due diligence and investor information requests.Drive ERP improvements, finance automation, and process enhancement initiatives.Coordinate with Procurement, SCM, Programs, Production, HR and other stakeholders to resolve finance matters.

Banking & Treasury

Oversee banking requirements and maintain effective relationships with banks, lenders and financial institutions, including resolution of ad-hoc banking matters and information requests.Oversee day-to-day treasury operations, including cash positioning, liquidity planning, fund transfers, payment planning, vendor payments, statutory payments, employee reimbursements and other approved business disbursements.Manage banking operations including payment uploads, maker-checker workflows, bank portal activities, account opening/closure, signatory changes, KYC updates and resolution of failed or rejected transactions.Ensure timely bank reconciliations and adherence to payment authorization matrices, banking controls, documentation requirements and internal approval processes.Support foreign-exchange and cross-border banking requirements, where applicable, in coordination with authorized dealer banks and relevant advisors.

Technical Skills

Strong knowledge of accounting principles, financial controls and working knowledge of applicable Ind AS requirements.Financial reporting, reconciliations and audit support.Cash flow management and MIS reporting.Advanced Microsoft Excel.ERP knowledge (NetSuite preferred).

Behavioural Competencies

Strong ownership and accountability.Excellent analytical and decision-making ability.Ability to prioritise and work under tight timelines.Excellent communication and stakeholder management.High attention to detail and documentation skills.Ability to independently drive issues to closure.

Startup Mindset

Comfortable working in a dynamic, rapidly growing startup.Willingness to take ownership of ad-hoc assignments beyond the defined role.Ability to support the organisation during critical deadlines, fundraising, ERP transitions, audits, and business deadlocks.Comfortable collaborating across functions and handling ambiguity.

Success in the First 12 Months

Own monthly cash flow reporting and forecasting.Ensure timely fixed asset accounting and capitalization.Successfully coordinate at least one audit cycle.Support fundraising and due diligence independently.Independently manage recurring treasury and banking requirements, including payment planning, vendor payments, liquidity management, debt facilities and lender compliance.Improve at least one finance process through automation or stronger controls.