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Institute of Space Technology IST Job, Treasurer Required

Institute of Space Technology IST Job, Treasurer Required
Institute of Space Technology IST Job, Treasurer Required


Institute of Space Technology (1ST), a reputed public sector HEI committed to the cause of higher education invites applications from qualified individuals who are competent, innovative, motivated, goal oriented and passionately willing to undertake challenging assignments for the following post-Position: Treasurer

Pay Scale: SPS-10 (35000-1600-67000) Qualification & Experience:

a)    CA / ACMA / FCMA / MBA (Finance / Accounts) / MS in Financial Management from HEC recognized universities (First Division)

b)    Twelve (12) years post qualification experience in Finance / Audit / Budget / Treasury / Financial Management The ideal candidate should:

a)    have specialized expertise in the disciplines of finance /accounting /financial management/auditing/budgeting/treasury / public sector investments and risk management

b)    be well versed with government policies, PPRA rules and PSDP projects

c)    have sound concepts and working knowledge in respect of Generally Accepted Accounting Principles (GAAP), International Accounting Standards (IAS), Government Accounting Policies, Double Entry Accounting System, Financial Statements etc.

d)    have excellent Computer / IT skills. Hands on experience in accounting / finance ERP and software packages is mandatory

e)    be able to effectively manage the financial affairs of a progressive and rapidly flourishing academic institution & implement

a prudential financial management & auditory regime in compliance with the Institute’s statutes / government rules / policies

f)    have strong leadership qualities, communication, presentation, negotiating skills & analytical abilities


*    As per the Institute’s Act, the term of office of the Treasurer (SPS-10) is a renewable period of three years. Hence, the selected candidate will be appointed for an initial tenure of three years which may be renewed for an another tenure of three years as per 1ST statutory rules, subject to satisfactory performance of the candidate

•    Public sector employees having the relevant qualification & professional experience in financial management may also be considered for appointment on deputation as per government rules & regulations. Interested candidates should apply “Through Proper Channel”. However, in such a case, the services of the employee will be reverted back to his parent organization / institution after completion of his tenure in office Application form can be downloaded from IST’s website: www.ist.edu.pk

Experience in public sector universities / institutes / education sector / government institutions / autonomous organizations will be a competitive advantage and will be given preference

All qualifications should only be from well reputed universities / institutions recognized / accredited by HEC First class in final degree is mandatory. Only one second division is allowed in entire academic career Maximum age limit for applicants is 45 years. The age will be calculated on the closing date of applications Higher starting salary is possible as admissible under the rules

Employees of Govt / Semi Govt / Autonomous organizations should apply “Through Proper Channel”. Advance copies are not acceptable / will not be considered

Ex-armed forces personnel will be employed under Category-ll. They should also submit attested photocopies of their armed forces discharge certificate / release / retirement order along with their application forms Only short listed candidates as per merit would be called for interview Compliance to eligibility criteria for the position does not guarantee short listing for interview

If a large number of applications are received for the position then only the best suitable candidates would be called for interview

The post is Islamabad based. Interview will be conducted only in 1ST, Islamabad Incomplete applications or those received after due date will not be considered / processed Applications sent through e mail will not be considered / processed Please mark on the right hand side of the envelope, the position applied for TA/ DA will not be admissible for appearing in the interview

1ST reserves the right to reject any or all of the applications received for the position without assigning any reason 1ST reserves the right to postpone or cancel the recruitment / induction on the position at any stage without assigning any reason

Completely filled & duly signed Application Form along with detail updated CV, attested photocopies of the degrees, final transcripts, certificates, final marks sheets from matric onwards, experience certificates, CNIC, recent passport size photograph and all other particular documents required to support the candidate’s eligibility for the position should reach the office of AD (Induction) 1ST on the address given below:

Last date for receipt of applications is 15 days after the publication of this advertisement

AD (INDUCTION) 1ST Post Box No. 2750, Islamabad 44000

Institute of

ist Space Technology