Head - Finance & HR

About RTIH

• The Ratan Tata Innovation Hub (RTIH) is a Section 8 company established under the Government of Andhra Pradesh through the Andhra Pradesh Innovation Society (APIS).
• As the State’s principal platform for innovation, incubation, and entrepreneurship, RTIH leads a Hub-and-Spoke network connecting five regional innovation foundations across Andhra Pradesh.
• Its vision—under the AP Innovation & Startup Policy (2024–2029)—is to make Andhra Pradesh a lighthouse of inclusive innovation and entrepreneurship.

Role Overview

• The Head – Finance & HR will be responsible for leading the financial management, accounting, compliance, procurement, and human resource functions of the RTIH Hub at Amaravati.
• This role ensures fiscal prudence, statutory compliance, transparent governance, and effective people management across the Hub and its Spoke network.
• It is pivotal in ensuring the operational integrity of the Hub-and-Spoke structure and directly supports the Group CEO in implementing the Board-approved frameworks, including the Finance & Procurement, HR & Engagement, and Delegation of Authority (DoA) Policies.
• The Head – Finance & HR will lead the development and execution of financial strategy, drive risk management initiatives, and provide recommendations to optimize resource allocation and cost reduction.
• The position will also champion organizational culture transformation, ensuring alignment with diversity, equity, and inclusion principles as the Hub evolves.

Key Responsibilities

A. Financial Management & Compliance

• Oversee budgeting, accounting, and cash flow management for the Hub and consolidated reporting for all Spokes.
• Guide financial forecasting and scenario planning to support the Hub's strategic vision and operational goals.
• Prepare the Annual Operating Plan (AOP) in consultation with program heads for submission to the Group CEO and the Boards of the RTIH Network.
• Ensure accurate maintenance of books of accounts and records in accordance with the Companies Act, 2013, and applicable accounting standards.
• Supervise monthly, quarterly, and annual financial statements and Management Information System (MIS) reports.
• Lead statutory, internal, and grant audits; coordinate with auditors and ensure timely submission of Utilisation Certificates (UCs) to APIS/GoAP.
• Ensure adherence to all statutory compliances — TDS, GST, PF, ESI, Professional Tax, Gratuity, and other applicable labour and taxation laws.
• Maintain centralised oversight of banking operations, ensuring compliance with dual signatory protocols and DoA thresholds.
• Support due diligence, financial monitoring, and utilisation tracking for CSR and grant-funded projects.
• Oversee the adoption and integration of digital financial automation tools to enhance reporting accuracy, transparency, and operational efficiency.
• Provide financial leadership for fundraising, partnership development, or new business model initiatives.
• Identify and implement benchmarks, KPIs, and continuous improvement agendas across all financial functions.

B. Procurement & Contract Management

• Implement RTIH’s Finance & Procurement Policy across all procurement activities ensuring fairness, competition, and transparency.
• Oversee vendor evaluation, empanelment, and documentation processes.
• Ensure procurement actions adhere to DoA approval limits and QCBS principles where applicable.
• Develop and monitor rate contracts, MoUs, and service-level agreements for recurring services.
• Maintain a vendor database and ensure all transactions are digitally documented for audit trail and review by the Finance Committee.

C. Human Resources & Administration

• Oversee HR operations, including recruitment, onboarding, payroll, and separation, as per the RTIH HR & Engagement Policy.
• Ensure HR systems support transparent, performance-linked compensation and fair employment practices.
• Implement policies on employee welfare, statutory benefits, and workplace ethics (including POSH, Code of Conduct, and Data Privacy).
• Design and implement strategic workforce planning, succession management, and leadership coaching programs to ensure long-term organizational capacity.
• Supervise the maintenance of HRMS and payroll systems, ensuring statutory filings and record-keeping.
• Develop training, capacity-building, and staff engagement programs to strengthen institutional culture.
• Utilize HR analytics to track trends, drive engagement and retention strategies, and establish performance-linked incentive schemes.
• Lead the digital transformation of HR operations, including HRMS optimization, automation, and data-driven decision-making.
• Support Spoke CEOs in aligning HR practices with Hub-level policies.

D. Strategic & Organizational Development

• Support the Group CEO and the Finance Committee in policy implementation, financial forecasting, and performance reviews.
• Contribute to financial modelling for new programs, CSR partnerships, and sustainability planning.
• Establish and monitor performance indicators for both Finance and HR functions.
• Provide periodic reports and dashboards to the Group CEO and Board on fund utilisation, staff strength, and compliance status.

Qualifications & Experience

• MBA (Finance/HR), Chartered Accountant (CA), Cost Accountant (ICWA), CIPD, or equivalent qualifications in finance or management.
• Minimum 7 years of relevant experience in finance and HR management, preferably in non-profit organizations, government initiatives, or public–private partnerships.
• Demonstrated experience in financial planning, audits, HR systems implementation, and policy-level coordination with government or CSR partners.
• Strong digital and data literacy, with demonstrated impact in implementing modern finance and HR technology platforms.
• Familiarity with Section 8 company operations, statutory filings (ROC/MCA), and GoAP financial procedures preferred.

Core Competencies

• Deep understanding of financial governance, compliance, and public fund utilisation norms.
• High integrity and ethical standards consistent with fiduciary duties of Section 8 entities.
• Proven track record of driving organizational change, process innovation, and continuous improvement within Finance and HR.
• Strong stakeholder management and ability to build partnerships across sectors and lead multi-disciplinary teams.
• Excellent communication, leadership, and cross-functional coordination abilities.
• Analytical and problem-solving skills with a hands-on approach.
• Proficiency in Tally ERP, MS Office, and HRMS/Payroll systems.
• Expertise in digital transformation and adoption of automation tools in both finance and HR domains.

Reporting & Coordination

Reports to: Group CEO, RTIH

Functional coordination with:

• Finance Committee for oversight
• Spoke CEOs for budget and HR alignment
• Auditors, APIS, and GoAP/ITE&C Department for compliance
• HR & Finance teams for operational execution

What We’re Looking For

A purpose-driven professional who combines analytical rigour with empathy—someone who can manage numbers, nurture people, and build systems that last.

Compensation: ₹10 – 15 lakhs per annum (CTC), commensurate with qualifications and experience. Exceptional candidates may be considered at the higher end of the range.

How to Apply

• Interested candidates can apply via https://www.linkedin.com/jobs/view/4321777014.
• Applications will be reviewed on a rolling basis. Only shortlisted candidates will be contacted.

Job Type: Full-time

Pay: ₹1,000,000.00 - ₹1,500,000.00 per year

Ability to commute/relocate:

• Amaravati, Andhra Pradesh: Reliably commute or planning to relocate before starting work (Required)

Experience:

• Finance: 2 years (Required)
• HR: 2 years (Required)

Language:

• Telugu (Preferred)

Work Location: In person