Our client HITEC University Taxila is looking for a Treasury Operations Specialist in Taxila

The successful candidate demonstrates proficiency in Microsoft Excel, Word, and PowerPoint, and is familiar with procurement, vendor payment processes, and process improvements related to disbursement workflows. Key Responsibilities

include preparing payroll, ensuring timely salary and vendor payments, posting vouchers in accounting software, assisting with tax audits, and handling withholding tax submissions. The Assistant Treasurer also supports budget preparation and maintains effective communication with auditors, administration, and finance teams to ensure compliance and proper fund management. Although this role does not involve team management, it requires strong coordination and organizational skills to handle multiple tasks efficiently in a dynamic university setting.

Responsibilities

• Prepare and process payroll accurately and on time, ensuring compliance with approval protocols.
• Manage timely payment to vendors and employees, including salary disbursement and vendor invoices.
• Post daily Bank Payment Vouchers (BPVs) and month-end Journal Vouchers (JVs) relating to accruals, rent receivables, advance adjustments, and payroll into the financial management software.
• Forward monthly Bank Reconciliation Statements to the Internal Auditor to assist in internal financial controls.
• Prepare and submit statements of withholding tax deposits before payment due dates and ensure timely deposits to the Government Treasury.
• Maintain complete and organized records to provide relevant information for external and internal audits.
• Assist in reconciliation processes during tax audits to support regulatory compliance.
• Ensure the monthly update of the Schedule of CP Fund and forward details of rent recovery and allied charges to the Administration Directorate by the 5th of each month.
• Manage the monthly transfer of university shares to the CP Fund and enforce monthly employee deductions to the Welfare Fund account.
• Dispatch cheques to the concerned departments following established university policies and procedures.
• Obtain and disseminate daily bank statements to the Accounts Officer Collection and Internal Auditor for continuous financial tracking.
• Support budget preparation activities by providing timely and accurate financial data and analysis.
• Coordinate with university faculties, administration, vendors, and banks to maintain smooth financial workflows and resolve discrepancies related to payment processes.
• Identify process improvement opportunities within disbursement workflows and implement recommendations to enhance efficiency and accuracy.