This study investigates the dynamic thermoelastic response of a hollow cylinder composed of two distinct layers: a Functionally Graded Material (FGM) as the primary layer and an isotropic viscoelastic material as the supporting layer. Utilizing a power function, the material properties of the FGM layer are determined, while the viscoelastic layer follows the Kelvin-Voigt model. The research employs the generalized Green-Naghdi theory to formulate the heat transfer equation, capturing the energy dissipation and thermoelastic wave propagation within this novel configuration. Highly coupled equations governing both layers are derived, incorporating appropriate boundary and continuity conditions. The Chebyshev collocation element (CCE) method is utilized for the spatial solution, significantly reducing the computational effort by requiring only two higher-order elements. The Newmark time marching approach is employed to solve the resulting ordinary differential equations (ODEs). The model's accuracy is validated against existing literature, and parametric studies are conducted to evaluate the impact of thermal shock on the FGM layer. It has been observed that the presence of the viscoelastic barrier effectively impedes the full penetration of stress waves, thereby reducing the potential for shock-induced damage.