Head - Finance & HR
3 days ago
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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