Amjad Hussain Qureshi
Core Competence
Possesses thorough knowledge of financial management and accounting functions of medium size organization. Corporate governance and regulatory compliance.
Effective management reporting. Vast experience of internal audit areas of corporate importance.
Key interest in analyses of business proposals of national and multinational JVs
Excellent knowledge of budgeting, forecasting, cash management and cost reductions.
Well versed with current trends in corporate finance, taxation issues, financial management and corporate affairs and laws. Good communication and presentation skills.

Key Accomplishments.
Negotiated contracts with companies abroad for import of telecom equipments / components for assembling in local TF subsidiary engaged in manufacturing of telecom equipments
Restructuring and revival of a sick payphone company having accumulated losses of Rs.74 million 5 years back, which have been turned around now and ranks 5th among market leaders
Acquisition of majority shareholding of Pakistan Communications Industries (Pvt.) Ltd. along with management from a leading European based foreign investor. The company is now the only manufacturer of telephone sets in Pakistan. Negotiated contract and settled financial terms with a large manufacturer of telephone sets / components in China.
Raised loans / finance facilities at competitive rates from local banks for multimillion rupee projects including a building which is near completion.
Actively participated in preparation and submission of bids for multimillion dollar telecom related projects in Bangladesh. Made arrangements for obtaining standby letter of credit, security bonds & loan financing from foreign & local banks and supplier credits from Chinese manufacturers of telecom equipment.
Participated in financial decision making for investment in setting up an ISP company in Bangladesh with local participation.
Development and implementation of effective internal controls including service rules, purchase procedures, accounting and budgetary controls etc.
Enjoying good relations and liaising with PTCL, PTA, Ministry of IT&T, Ministry of Social Welfare, financial institutions, professional consultancy firms, various government offices / departments etc.
Liaison with renowned law firms to defend / file suits for HR and Corporate cases in Pakistan and abroad.
Education
Professional
Institute of Chartered Accountants of Pakistan CA - Finalist Pakistan Institute of Public Finance Accountants
APA (Associate Member)
Academic
University of the Punjab, Lahore - PAKISTAN Bachelor of Science (B.Sc.)
Professional Training & Skills
Courses Attended
ISO – 9000, Financial Analysis - Concepts & Techniques and WTO
Computer Skills
Microsoft Word, Microsoft Excel, Peachtree Accounting.
Current Employment
1992 – present Telecom Foundation, Islamabad – PAKISTAN
General Manager ( Finance) & Company Secretary
Telecom Foundation (TF) is a Trust established for the Welfare of employees of public sector organizations in telecom sector. It plans to achieve its targets through profit generation by setting-up Industrial Ventures and undertaking Commercial and service activities. It has established a number of Limited Companies and presently operates on an Annual Budget of one and a half billion rupees.
Main responsibilities and achievements in Supervision and Control of Accounts / Finance procedures include:
Re-organization of financial procedures to ensure better controls and accountability.
Supervising preparation of monthly, quarterly and annual financial statements and their review / reporting.
Preparation of Budgets and Cash forecasts with periodic monitoring and reporting.
Ensuring all receipts / payments are properly authorized and processed through set-up procedures.
Financial appraisal of proposed future projects.
Evaluation and financial analysis of on-going subsidiaries and projects.
Supervising of Internal Audit with recommendations to improve systems
Dealing with matters relating to Income Tax, Sales Tax etc.
Supervising treasury functions and dealing with banks for raising loans and credit facilities.
Preparation of contract documents, corporate affairs insurance etc.
Actively participating as a member of purchase committee.
Dealing with corporate matters of the Foundation and its subsidiaries.
Acting as Member / Secretary of the Board of Governors of Telecom Foundation, convening its meetings and maintaining minutes, shares certificates and related corporate records.
Previous Experience
1990 – 1992 Shaheen Foundation, Islamabad - PAKISTAN
Manager Finance
Shaheen Foundation is a Trust established for the Welfare of employees of Pakistan Air Force. It has undertaken about 20 Commercial and Industrial Projects including the Ist Cargo Service in Private Sector. The annual turnover of its projects was about 700 million rupees.
Main responsibilities and achievements is Supervision and Control of Financial procedures include:
Looking after the Finance and Accounts of Shaheen Foundation, Head Office and supervising the accounts of subsidiaries.
Reviewing of monthly Trial Balance and Accounts of all projects of the Foundation including manufacturing, servicing and consulting units .
Preparing periodic consolidation of Trial Balances, Profit and Loss Statements and Balance Sheets of the Head Office and is subsidiaries.
Carrying out periodic performance reviews of the activities of the Foundation including its subsidiaries and reporting thereon.
Carrying out Internal Audit, Projects Evaluation and financial analysis of ongoing and proposed projects.
Dealing with Banks and Financial Institutions and Insurance Companies.
Carrying out special investigations / assignments on the instructions of management.
1985 – 1990 Overseas Pakistanis Foundation, Islamabad - PAKISTAN
Manager (Accounts & Finance)
O.P.F. is a Company established for the Welfare of Overseas Pakistanis Foundation and their families residing abroad or within country. OPF has undertaken a number of Welfare activities besides developing housing colonies as a shelter of OPs on their return from abroad.
Main responsibilities includes:
Supervising Finance and Accounts of Housing Division the largest department of the Foundation for purchase of land, development of Housing Schemes, construction of Schools, Hospitals and Civil Buildings.
Preparation of MIS reports, performance reviews, financial analysis, cash forecasts and budgets.
Dealing with the matters of taxation including filing of returns, pleading the cases before ITOs, Commissioners Income Tax and Appellate Tribunals.
Performing Secretary’s functions & dealing with Corporate Affairs of TF & its Subsidiaries.
Early Career
1984 – 1985 Riaz Ahmad & Co. Chartered Accountants, Rawalpindi – PAKISTAN
Representatives of Klynveld Main Geordler (KMG)
Audit Senior
1979 – 1984 Riaz Ahmad & Co. Chartered Accountants, Rawalpindi - PAKISTAN
Trainee Auditor
Main area of responsibility
Audit and Accountancy: Supervised Audit assignments of listed and unlisted Companies, Banks and Financial Institutions, Industrial Ventures, Service Corporations and Foundation’s, Hotel and Clubs. Assisted in forming an opinion on fair representation of the financial statements, preparation of stockholders reports and management letters.
Special Assignments: Conducted a system audit of Pakistan’s largest Electronic Media Company and recommended improved financial and operational procedural changes. Assisted in preparation of Accounting manual of listed Company engaged in production of matchboxes at large scale. Conducted a stock investigation of large engineering state enterprises.
Staff Training: Provided adequate professional on the job training of audit staff covering their legal responsibilities, time management and professional conduct in the staff and client relationship.
Management Consultancy: Assisted in the preparation of relevant documents for the incorporation of new limited Companies. Provision of secretarial services to clients. Prepared statements for Tax Authorities. Represented clients at Tax and Corporate Law Authorities.