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Head - Finance & HR

Head - Finance & HR

Ratan Tata Innovation Hub (RTIH) APMysore, IN
18 hours ago
Job description

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 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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    Hr Head • Mysore, IN

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