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 ResponsibilitiesA. 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 & CoordinationReports to: Group CEO, RTIHFunctional 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 executionWhat We’re Looking ForA 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 directly via LinkedIn by clicking the “Easy Apply” button on this post.- Applications will be reviewed on a rolling basis. Only shortlisted candidates will be contacted.