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 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.