Manager - Finance

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Manager - Finance

Ratan Tata Innovation Hub, Rajamahendravaram Foundation

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.

Position

Manager – Finance

📍 Location: Rajamahendravaram, Andhra Pradesh 💼 Type: Full-time | Contractual Role 🧭 Reports to: Chief Executive Officer, RTIH Rajamahendravaram

Role Overview

The Finance Manager will manage day-to-day finance and accounts operations, statutory compliance, and MIS reporting, while also owning Procurement, General Administration, and Infrastructure & Facilities management for RTIH Rajamahendravaram. This is a hands-on, multi-functional role suited to someone who can balance financial discipline with operational execution to keep the Hub running smoothly.

Key Responsibilities

A. Finance & Accounts

· Manage day-to-day accounting, banking operations, and vendor payments in line with approved budgets.

· Prepare annual budgets, financial plans, cash flow projections, and periodic MIS reports for management review.

· Ensure compliance with the Companies Act, Income Tax, GST, TDS, PF, ESI, Professional Tax, and other statutory requirements.

· Implement and monitor internal financial controls, financial guidelines, and Standard Operating Procedures (SOPs).

· Coordinate Internal, Statutory, and External Audits, ensuring timely closure of audit observations.

· Manage Government grants, CSR funds, Utilisation Certificates (UCs), and financial reporting to funding agencies.

· Support financial data requirements for startup investment readiness, including basic financial modeling and analysis.

· Maintain accurate books of accounts and ensure timely month-end and year-end closures.

B. Procurement

· Manage end-to-end procurement of goods, services, and works as per RTIH procurement policy and Government norms.

· Prepare and issue RFPs/RFQs/tenders, evaluate vendor quotations, and support the vendor selection and empanelment process.

· Negotiate pricing, contracts, and service-level agreements (SLAs) with vendors and suppliers to ensure cost-effectiveness.

· Maintain vendor master data, contract records, and purchase order documentation with full audit trail.

· Ensure procurement compliance with statutory and donor/grant-specific procurement guidelines.

· Track procurement budgets and reconcile purchase orders against invoices and payments.

Qualifications & Experience

· Master’s degree in Finance/Commerce/Business Administration; CA (Inter)/CMA (Inter)/MBA-Finance preferred.

· 5–8 years of progressive experience in finance & accounts, with exposure to procurement and administration/facilities functions.

· Experience in Section 8 companies, Government bodies, CSR-funded projects, or startup ecosystems is preferred.

· Working knowledge of accounting standards, GST/TDS compliance, and government procurement procedures.

· Prior experience managing vendor contracts is highly desirable.

Core Competencies

· Financial Planning, Budgeting & MIS Reporting

· Statutory Compliance (GST, IT, Companies Act)

· Procurement & Vendor Contract Management

💰 Compensation: ₹10–12 lakhs per annum (CTC), based on experience and interview performance.