In this research paper, we explore a well-motivated parametrization of the time-dependent deceleration parameter, characterized by a cubic form, within the context of late time cosmic acceleration. The current analysis is based on the f(Q,T) gravity theory, by considering the background metric as the homogeneous and isotropic Friedmann Lemaître Robertson Walker (FLRW) metric. Investigating the model reveals intriguing features of the late universe. To constrain the model, we use the recent observational datasets, including cosmic chronometer (CC), Supernovae (SNIa), Baryon Acoustic Oscillation (BAO), Cosmic Microwave Background Radiation (CMB), Gamma Ray Burst (GRB), and Quasar (Q) datasets. The joint analysis of these datasets results in tighter constraints for the model parameters, enabling us to discuss both the physical and geometrical aspects of the model. Moreover, we determine the present values of the deceleration parameter (q0), the Hubble parameter (H0), and the transition redshift (zt) from deceleration to acceleration ensuring consistency with some recent results of Planck 2018. Our statistical analysis yields highly improved results, surpassing those obtained in previous investigations. Overall, this study presents valuable insights into the higher order q(t) model and its implications for late-time cosmic acceleration, shedding light on the nature of the late universe.