Alliance Air Aviation Limited, a subsidiary of Air India Air Transport Services Limited (AIAHL), has announced an official recruitment notification for the position of Chief Financial Officer (CFO). The organization invites highly qualified and experienced candidates to apply for this prestigious role. This comprehensive job description provides detailed information regarding eligibility criteria, application procedures, salary package, key responsibilities, and the overall recruitment process. Interested candidates should review all sections carefully and ensure timely submission of their applications before the deadline.
Alliance Air Aviation Chief Financial Officer (CFO) Recruitment 2026 – Overview
| Parameter | Details |
|---|---|
| Advertisement Release Date | 06 February 2026 |
| Company Name | Alliance Air Aviation Limited (Subsidiary of AIAHL) |
| Post Name | Chief Financial Officer (CFO) |
| Number of Vacancies | 1 (One) |
| Qualification | CA / CMA with minimum 15 years of post-qualification experience |
| Application Last Date | 27 February 2026 (5:00 PM) |
| Application Mode | Offline (Speed Post / Courier) |
| Job Type | Fixed Term Employment (Initial 3 years, extendable up to 2 additional years) |
| Official Website | aiesl.in |
Vacancy Details
This recruitment is for a key leadership position responsible for overseeing the financial management activities of Alliance Air Aviation Limited across India. The CFO will play a vital role in ensuring financial integrity, compliance, and strategic planning to support the organization’s growth and operational excellence.
| Post Code | Post Name | No. of Posts |
|---|---|---|
| 01 | Chief Financial Officer | 1 |
Eligibility Criteria
Educational Qualifications
Candidates must possess one of the following qualifications:
- Chartered Accountant (CA) from the Institute of Chartered Accountants of India (ICAI), OR
- Cost Accountant (CMA) from the Institute of Cost Accountants of India (ICMAI)
Active membership in ICAI or ICMAI is mandatory.
Work Experience
Candidates should have a minimum of 15 years of post-qualification experience in core financial functions, including:
- Accounts Maintenance and Final Accounts
- Budgeting and Budgetary Control
- Expenditure and Revenue Accounting
- Statutory Compliance (Companies Act, GST, PT, TDS, PF, ESIC, Gratuity, DGFT)
- Auditing (Internal, Statutory, CAG, Tax Audits)
- Taxation and Working Capital Management
- Payroll processing
- Financial Planning, Forecasting, and Internal Controls
- ERP systems, specifically SAP for automation
Out of the total experience, at least 3 years should be at a senior managerial level (General Manager or above).
Age Limit
The maximum permissible age as of 6 February 2026 is 55 years. However, age relaxation will be provided as per government norms for candidates belonging to SC/ST/OBC/EWS categories.
Preference
Preference will be given to candidates with prior experience in the aviation industry or public sector undertakings (PSUs). Candidates having at least 3 years of experience at E6 level or above will be considered favorably.
Application Fee Structure
| Category | Application Fee |
|---|---|
| General/OBC/EWS Candidates | Rs. 1,500 (Demand Draft) |
| SC/ST Candidates | Exempted |
Note: The Demand Draft should be drawn in favor of “Alliance Air Aviation Limited” and payable at New Delhi.
Important Dates
| Event | Date & Time |
|---|---|
| Notification Release | 06 February 2026 |
| Application Opening Date | 06 February 2026 |
| Last Date for Submission | 27 February 2026 (5:00 PM) |
| Interview (Shortlisted Candidates) | To be informed |
Selection Process
Screening & Shortlisting
Applications will be initially screened and shortlisted based on academic qualifications and relevant experience.
Personal Interview
Shortlisted candidates will be invited for a personal interview at Alliance Air’s premises in New Delhi. The interview will assess technical proficiency, leadership qualities, and suitability for the role.
Final Selection
Final selection will be based on the aggregate marks obtained in the interview. The management reserves the right to make the final decision.
Additional Notes
- No TA/DA will be provided for attending the interview.
- SC/ST candidates are eligible for reimbursement of second-class rail or bus fare for interview attendance.
Salary and Benefits
| Component | Details |
|---|---|
| Basic Salary (Consolidated) | Rs. 2,00,000 per month |
| Fuel Expense Reimbursement | Up to 90 liters per month |
| Mobile Allowance | Up to Rs. 900 per month or actual expenses (whichever is lower) |
| Annual Increment | Rs. 3,500 after each year of service |
| Provident Fund | As per company rules |
| Gratuity | As per statutory provisions |
| Air Travel Benefits | Free or concessional air tickets for self and family on Alliance Air network |
This is a fixed-term employment contract for an initial period of 3 years. Based on performance, the contract may be extended up to a maximum of 2 additional years with or without revision in remuneration. Management retains the right to terminate the contract during the tenure in cases of unsatisfactory performance.
Key Responsibilities of the Chief Financial Officer
Financial Management & Oversight
Oversee all financial operations at a national level, ensuring adherence to statutory and organizational standards.
Accounting & Compliance
- Supervise accounts maintenance, statutory filings, and audits
- Coordinate with statutory bodies such as GST, Income Tax, and DGFT
- Ensure compliance with applicable laws and internal policies
Audit & Internal Controls
Facilitate audits (Statutory, CAG, Cost, Tax, Internal) and implement robust internal financial controls to prevent fraud and ensure accuracy.
Risk Management & Financial Planning
Develop strategies for risk mitigation, liquidity management, and long-term financial forecasting aligned with organizational goals.
Reporting & Coordination
- Prepare financial reports for CEO and Board of Directors
- Ensure timely updates and compliance with Audit Committees
- Coordinate with external agencies like DPE, Ministry of Civil Aviation, and stakeholders on financial matters
Additional Responsibilities
- Manage Working Capital
- Handle asset verification and fixed assets management
- Prepare quarterly, half-yearly, and annual financial statements
- Ensure compliance with DPE guidelines if applicable
- Utilize platforms such as IATA, GeM, and TReDS for procurement and financial operations
How to Apply
- Download the application form from the official Alliance Air careers page.
- Fill out the application form completely, attaching a recent passport-size photograph (do not staple).
- Gather photocopies of supporting documents:
- Date of Birth certificate
- Caste certificate (if applicable)
- Educational credentials
- Experience proofs and salary certificates
- Prepare a Demand Draft of Rs. 1,500 (unless exempted) payable to “Alliance Air Aviation Limited” in New Delhi.
- If applicable, attach caste/income certificates for reserved categories as per prescribed formats.
- Create an updated CV detailing your work history and qualifications.
- Enclose all documents and the filled application form in an envelope marked with the post title “Chief Financial Officer.”
- Send the complete application package via post, speed post, or courier to:
Address:
Personnel Department,
Alliance Air,
Alliance Bhawan, Domestic Terminal-I,
IGI Airport, New Delhi – 110037
Important Notes
- Ensure your application reaches the above address by 27 February 2026, 5:00 PM.
- Government and semi-government employees must apply through proper channels as per applicable rules.
Official Links & Resources
This is an exceptional opportunity for seasoned finance professionals to lead financial strategies and operations at a premier national airline. Candidates are encouraged to prepare thoroughly and submit their applications well before the deadline to be considered for this vital role in Alliance Air Aviation Limited.