Head - Finance & HR

3 days ago


Amaravati Andhra Pradesh, India Ratan Tata Innovation Hub (RTIH) AP Full time ₹ 1,00,00,000 - ₹ 1,50,00,000 per year

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.

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