Ratan Tata Innovation Hub, Amaravati Foundation

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