Prakash Lukhoo, ACCA
Camp Thorel
Summary
Organized and dependable individual successful at managing multiple priorities with a positive attitude. Willingness to take on added responsibilities to meet team goals.
Overview
11
11
years of professional experience
1
1
Certification
Work History
Associate Manager - Fund Accounting
Trident Trust Company (Mauritius) Limited
08.2022 - Current
- Set and enforced performance and service standards to keep consistent, high-quality environment devoted to customer satisfaction.
- Conducting interviews and selection of proper resources in Fund Accounting department
- Oversaw training and onboarding process for all newly hired employees within Fund Accounting.
- Mentored and supported employees to create strong workplace culture.
- Kept records accurate, detailed and fully compliant with reporting requirements to regulatory bodies as well as institutional investors.
- Helped with planning schedules and delegating assignments to meet coverage and service demands.
- Maintained management reports across deliverables in team
- Work on budget for Fund Accounting team.
- Oversee all tax and regulatory compliance and filing (APS, annual return, TDS, etc) of funds and holding companies and submit information to relevant authorities.
- Review funds quarterly and yearly financials and investor reporting, drawdown and distribution and ensuring reporting complies with entity and statutory requirements and relevant standards
- Involved in statutory audit of fund and portfolio companies and liaised with auditor partners, banks and other relevant parties
- Acts as director on several portfolio entities and attend board meetings
Fund Controller
Berkeley Energy
02.2022 - 07.2022
- Oversee all tax and regulatory compliance and filing (APS, annual return, TDS, etc) of the funds and holding companies and submit information to the relevant authorities
- Prepare fund budget while assigning and ensuring the budget allocated to the relevant projects and payments are within the budget while reporting any variance to the management team
- Preparation of financial ratios and dashboard with the valuation team and provide reports to the management and investment committee
- Prepare funds quarterly and yearly financials and investor reporting, drawdown and distribution and ensuring reporting complies with entity and statutory requirements and relevant standards
- Work with collaboration with the valuation team to ensure the correct valuation methodologies are utilised for the projects
- Involved in the statutory audit of the fund and portfolio companies and liaised with the auditors, banks and other relevant parties
Assistant Vice President
Apex Group Ltd
01.2021 - 02.2022
- Responsible for overseeing and managing client portfolios including all aspects of administration &overseeing the accounting aspects for several asset classes
- Monitor the overall economic recoverability of each account under management
- Ensure the right resources are assigned to each client portfolio in the day-to-day servicing
- Assist with training and leadership of team members
- Review Fund shareholders' agreements, PPM's, constitutions, subscription book and other materials
- Ensure reporting complies with entity and statutory requirements including local law, relevant GAAP,including IFRS and other reporting principals
Senior Executive Accountant
SANNE Mauritius
09.2018 - 12.2020
- Involved in the preparation of financial statements and book keeping under various jurisdiction such as Luxembourg, Singapore, Jersey, Netherlands, Ireland
- Managing a portfolio of entities including real estates, private equity and debt entities.
- Monitoring/reviewing the work of accountants and assistant accountants.
- Involved in management tasks such as preparing forecasts, improvements in internal system, allocation of tasks, participate in meetings, leading new projects.
- Assist with training and leadership of team members.
- Weekly/monthly meeting with management team in several jurisdictions to ensure efficient deliverable.
Senior Accountant/Administrator
Sanlam Trustees International Ltd
02.2018 - 08.2018
- Liaised with the clients, tax authorities, auditors, commission, custodians
- Performing professional company secretarial services such as preparation of minutes, statutory returns, setting up of new companies
- Involved in bookkeeping and other quarterly reporting such as NAV preparation, quarterly accounts, and other investor reporting
- Involved in the preparation of reporting such as VAT, APS, Annual return, TDS to be submitted to tax authorities as well as reporting to the financial services commission
- Corporate work, organizing board meetings, preparing board packs, attending board meeting
Senior Client Administrator
IQEQ Global Business (Mauritius) Ltd
11.2014 - 02.2018
- Involved in bookkeeping and other quarterly reporting such as NAV preparation, quarterly accounts, and other investor reporting
- Managed a portfolio of several clients, including real estates, private equity and monitoring/reviewing the work of junior administrators/accountants
- Liaised with the clients, tax authorities, auditors, commission, custodians, banks
- Performed professional company secretarial services such as preparation of minutes, statutory returns, setting up of new companies, process instructions
- Involved in the preparation of reporting such as VAT, APS, Annual return, TDS to be submitted to tax authorities as well as reporting to the financial services commission
Client Administrator
International Proximity
03.2013 - 10.2014
- Performed professional company secretarial services such as preparation of minutes, statutory returns, setting up of new companies, process instructions
- Prepared financial statements, bookkeeping and other quarterly reporting such as NAV preparation, quarterly accounts, and other investor reporting
- Collaborating with the senior administrator to maintain relationships and provide quality service to client efficiently
Education
Bachelor of Science - Finance (Minor: Law)
University of Mauritius
Mauritius2012
Higher School Certificate -
Sir Leckraz Teeluck SSS
Mauritius2008
Skills
- Knowledge of various accounting standards such as IFRS, SFRS, FRS 101, Lux GAAP, Dutch GAAP
- Financial Management
- Team management
- Critical thinking
- Handling pressure
- Knowledege of accounting software such as SAGE, Microgen, Xero, Trioka, Viewpoint, Paxus, Quickbooks
- Proficiency in MS office
- Proficiency in Fund Accounting
Affiliations
Association of Chartered Certified Accountants
Certification
Advanced certificate in Fund administration/accounting from CLT International
Languages
English
Proficient
C2
French
Upper intermediate
B2
Hindi
Upper intermediate
B2
Timeline
Associate Manager - Fund Accounting
Trident Trust Company (Mauritius) Limited
08.2022 - Current
Fund Controller
Berkeley Energy
02.2022 - 07.2022
Assistant Vice President
Apex Group Ltd
01.2021 - 02.2022
Senior Executive Accountant
SANNE Mauritius
09.2018 - 12.2020
Senior Accountant/Administrator
Sanlam Trustees International Ltd
02.2018 - 08.2018
Senior Client Administrator
IQEQ Global Business (Mauritius) Ltd
11.2014 - 02.2018
Client Administrator
International Proximity
03.2013 - 10.2014
Bachelor of Science - Finance (Minor: Law)
University of Mauritius
Higher School Certificate -
Sir Leckraz Teeluck SSS
Advanced certificate in Fund administration/accounting from CLT International
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