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Treasurer's Office

The core objective of the Treasurer’s Office, GIFT University is to provide up-to-date financial information, which has been recorded in compliance with Generally Accepted Accounting Principles and University Business Administration requirements for decision-making.

The Treasurer’s Office generally engages in the recording and classification of accounting transactions for financial reporting, Budgeting, Planning, and Analysis.

It also aims to provide financial reporting that will assist students, employees, top management, and other stakeholders that will assist them in accessing accountability in the use of financial resources. It extends to ensure that:

  • The internal control structure of the University provides management with reasonable assurance that assets are safeguarded and transactions are executed in accordance with management’s authorization and recorded properly.
  • The existing policies and procedures for financial operations are enforced.
  • The new policies and procedures are also developed in the light of changes as and when required.

Our Vision

Our vision is to ensure the University’s operational and financial stability, which leads to long-term sustainability and organizational growth.

Our Mission

Our mission is to provide the University with financial and administrative support and assist in the decision making and achievement of its academic goals.


Treasurer’s Office of GIFT University typically acts as an information and reference point for the Chair and other committee members: clarifying the financial implications of proposals; confirming legal requirements; outlining the current financial status, and retrieving relevant documentation.

Ensure Compliance and Reporting of funds

Our vision is to ensure the University’s operational and financial stability, which leads to long-term sustainability and organizational growth.

  • Take opportunity to advice on the University’s funds strategy
  • Ensure use of funds complies with conditions set by top management.
  • Ensure funding and comply with relevant legislation and is bound by effective financial systems and controls
  • Ensure effective monitoring and reporting

Financial Planning and Budgeting

  • Prepare and present budgets for new or ongoing work
  • Advise the financial implications of strategic and operational plans
  • Present revised financial forecasts based on actual spending
  • Ensure the sustainability of planning and budgeting

Financial Reporting

  • Present regular reports on the University’s financial position
  • Prepare accounts for audit and liaising with the auditor, as required
  • Present accounts at the board meetings
  • Advise on the University’s reserves and investment policy.
  • Preparation and submission of different reports as per HEC, SECP, and statutory requirements

Banking, Book-keeping, Record-keeping and Payroll

  • Manage bank accounts
  • Set up appropriate systems for book-keeping, payments, lodgments & petty cash
  • Ensure everyone handling money keeps proper records and documentation
  • Supervision and compliance with payroll and inventories

Control of Fixed Assets and Stock

  • Ensure proper records are kept
  • Ensure required insurance/safeguarding procedures are in place.
  • Supervision and management of purchase and procurement, assets management, and projects
  • Vendor management for purchases

Control of Projects and Procurement

  • Projects budgeting

Control of Corporate and Tax Matter

  • Coordination and compliance of rules and regulations of external bodies like HEC, HED, SECP, FBR, and other related regulatory bodies.

Overall Summarized Responsibilities

  • Oversee and present budgets, accounts, and financial statements to the management committee
  • Liaise with designated staff about financial matters
  • Ensure that appropriate financial systems and controls are in place
  • Ensure that record-keeping and accounts meet the conditions of funders or statutory bodies
  • Ensure compliance with relevant legislation



  • Supervision and Disbursement of Payroll/Salaries and Related Matters
  • Planning and collection of University fee, hostel fee, transport fee and other relevant fee.
  • Planning and devising mechanism of scholarships & fee waivers
  • Supervision, analyze and disburse the recurring time billings like Mobiles, Internet, ptcl, electricity, sui gas, subscription Etc
  • Recording and maintenance of books of accounts
  • Dealing Tax management, auditing and corporate matter
  • Budgeting and Planning
  • Supervising Purchase and procurement matters
  • Funds and Investment management
  • Dealing with Banks and other entities
  • Continuous working on improvement of Information and Internal Control Systems


  • Problem Solving
  • Integrity
  • Intent
  • Confidentiality and Trust
  • Communication flow within departments (keeping other departments on board)
  • Communicating the values
  • Revising the values


Numan Ihsan


Farhan Rashid Khan

Deputy Director Finance

Muhammad Asif

Tax Officer

Faisal Hanif

Deputy Manager Accounts

Atif Raza

Assistant Manager Accounts

Muhammad Nazir

Store Officer

Muhammad Zaheer


Hafsa Talib


Muhammad Zaheer


Hafiz Muhammad Umer Aleem

Executive Accounts

Farid Bukhsh



Department: Treasurer Office
Postal Address: GIFT University, Near GIFT University Chowk, Gujranwala- 52250
Phone: +92 55 111 900 100
Fax: +92 55 3890266