JOB AND CAREER AS DEPUTY ACCOUNTANT BS-16 IN TREASURY OFFICE, FINANCE DEPARTMENT, PUNJAB.

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Finance Department is the most important department of any Organization as well as Government. It is the backbone of Government. Finance Department has different tiers or attached department. Treasury Office is one such attached department of Finance Department. In Punjab, offices of Treasury Officers do functions at each district. It is headed by Chief Inspector Treasuries at Provincial Level. Computer Operator in Treasury Offices is a key post in relation with day to day working of Treasury Office.

The main functions of the Treasury are :-

Government Accounting & Reporting 

a) maintaining the accounting records of government;

b) preparation of the annual Financial Statements of the government as required under the Finance and Audit Act;

c) ensuring that financial and accounting arrangements in all Ministries/Departments are

adequate and effective;

d) assisting Ministries/Departments in putting in place or in implementing computerized

financial systems.

Public Service Benefits

e)  processing and payment of retiring allowances in accordance with the Pensions Act, the

National Assembly (Retiring Allowances) Act, the President’s Emoluments & Pension Act,

and other legislation;

f) processing and payment of motor vehicle loans and passage benefits to government

employees and other eligible persons in accordance with prescribed rules;

Cash Flow Management, Receipts & Payments

g) preparing cash flow forecasts for the government for the purpose of determining short term

borrowing requirements;

h) operating as government’s main payment centre; executing payments on behalf of

Ministries  and Departments and effecting transfers of funds to banks for the purposes of

governemnt payments;

i) monitoring the processing of monthly government payroll by Ministries and Departments and

transferring funds to banks for that purpose;

j) exercising general supervision over the receipts, expenditures and other disbursements of

Government;

k) collecting certain types of revenues of government;

Depository of Security

l) operating as depository of security required to be deposited by attorneys, notaries,

auctioneers, land surveyors, recruiting agents, and private security service providers under

relevant Acts; and

Motor Vehicle Accidents Claims

m) processing of claims in respect of accidents involving government vehicles.

The Chief Inspector of Treasury, Punjab through Finance Department requisitioned Punjab Public Service Commission to start the process for recommending the 154 candidates against the 154 posts of Deputy Accountant BS-16 in Treasury Offices. Soon Punjab Public Service Commission is advertising the posts.

Brief description of the requirements and process for recruitment against the post of Deputy Accountant BS-16 is as under:-

DEPUTY ACCOUNTANT BS-16

MINIMUM QUALIFICATION:-

B.A (2nd Division) from a recognized University.

AGE LIMIT:-

18-25 Years plus general age relaxation.

Male, Female & Shemale having domicile of Punjab are eligible to apply.

PROCEDURE BY PUNJAB PUBLIC SERVICE COMMISSION:

Punjab Public Service Commission (PPSC) process for such post as Computer Operator (BS-12) is as :-

  1. One Paper 100 Marks.
  2. Interview

Usually PPSC conducts one paper comprising of 100 marks to shortlist the candidates, followed by Interview and recommendation.

SYLLABUS OF PAPER:-

One paper comprises of English, General Knowledge, Everyday Science, Computer, Pak Studies, Islamiat and Basic Mathematics.

JOB DESCRIPTION OF DEPUTY ACCOUNTANT BS-16:-

The job description of the Deputy Accountant BS-16 is to keep the accounts of Treasury Office in line with the prescribed manner and keep check on any kind of irregularity. The main tasks of job are as under:-

  • Preparing financial documents such as invoices, bills, and accounts payable and receivable
  • Completing purchase orders
  • Managing payroll
  • Completing financial reports on a regular basis and providing information to the finance team
  • Assisting with budgets
  • Completing bank reconciliations
  • Entering financial information into appropriate software programs
  • Managing company ledgers
  • Processing business expenses
  • Coordinating internal and external audits
  • Verifying balances in account books and rectifying discrepancies
  • Verifying bank deposits
  • Managing day-to-day transactions
  • Recording office expenditures and ensuring these expenses are within the set budget
  • Assisting the finance department and senior accounting staff members with various tasks, including preparing budgets, records, and statements
  • Posting daily receipts
  • Preparing annual budgets
  • Completing the year-end analysis
  • Reporting on debtors and creditors
  • Handling accruals and prepayments
  • Managing monthly budgeting tasks
  • Encoding accounting entries for data processing
  • Sorting financial documents and posting them to the proper accounts
  • Reviewing computer reports for accuracy and meticulously tracing errors back to their source
  • Resolving errors in financial reports and correcting faulty reporting methods

SALARY OF DEPUTY ACCOUNTANT BS-16:-

A fresh Deputy Accountant BS-16 usually gets nearly about Rs. 30,000/- Per Month.

PROMOTION PROSPECTS OF DEPUTY ACCOUNTANT BS-16:-

The post is governed under the provisions of Punjab Treasuries and Accounts Rules, 2006. Deputy Accountant Bs-16 is eligible for promotion as Accountant BS-17 on seniority cum fitness basis and successful passing of departmental examination. Minimum length of service required for promotion is 05 years. An Accountant BS-17 is eligible for promotion as Deputy Treasury Officer / Deputy District Accounts Officer BS-18 upon successful passing of departmental examination prescribed on seniority cum fitness basis.

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