Prakash Joshi
Hyderabad
Summary
Dynamic fund accounting professional with extensive experience at Apex Fund Services LLP, excelling in NAV reporting and fund onboarding. Proven track record in driving process improvements and enhancing compliance through cross-functional collaboration. Skilled in Excel and stakeholder management, delivering impactful results in fast-paced environments.
Overview
10
10
years of professional experience
Work History
Senior Associate 3
Apex Fund Services LLP
02.2022 - Current
- Manage end-to-end fund accounting operations including NAV reporting for equity long/short and global macro funds.
- Handle onboarding and migration of new funds by coordinating with clients, internal departments, and external stakeholders.
- Review investor allocations, capital activity, and performance allocations in compliance with fund offering documents.
- Coordinate with tax, legal, and compliance teams to ensure efficient fund operations.
- Manage master-feeder and multi-class structures across fund portfolios.
- Participate in the monthly close process and assist in preparing financial statements and disclosures.
- Support internal/external audits and ensure timely resolution of exceptions.
- Drive process improvements, implement automation, and respond to client queries.
Associate Manager (Fund Accounting Business Analyst)
Azentio Software Pvt. Ltd.
06.2021 - 02.2022
- Led implementation and change management projects for fund accounting clients.
- Interfaced with stakeholders to gather requirements, define project scope, and deliver UAT, and Go-live support.
- Managed a team of 5–8 members and coordinated with technical teams for application updates.
- Work in the fund accounting process flow, including NAV calculation, and check the impact of the required changes from the client.
- Provide support and timely resolution for functional and technical queries related to fund accounting.
Team Lead
State Street Corp.
01.2018 - 06.2021
- Led a fund accounting team handling daily NAV components, accruals, fee rebates, and reconciliations.
- Supported audit deliverables, processed cross-border settlements, and prepared monthly KPI reports.
- Ensured timely client sign-offs and resolution of reconciliation breaks.
- Performing reconciliation of the payment breaks between the custody and accounting sides, and ensuring the breaks are cleared in a timely manner.
- Processing the payment as per the invoices, cross-border currency settlement, conversion of funds, and funds merger.
Analyst
eClerx Services Ltd.
08.2015 - 11.2017
- Performed daily fund expense and reconciliation tasks across cash and futures positions.
- Supported reporting, trade break resolution, and systems testing during UAT phases.
- Researching on trades which are left unreconciled on accounting, checking it validity and following standard operating procedure to resolve the same.
Education
Master of Commerce (M.Com) -
Symbiosis College of Arts & Commerce
01.2015
Diploma in Taxation Law -
ILS Law College
01.2013
Bachelor of Business Administration (BBA) -
MITSOM College
01.2012
Skills
- Fund Accounting
- NAV Calculation & Reconciliation
- Fund Onboarding & Process Migration
- Investor Reporting & Performance Allocations
- Audit Support & Compliance
- Cross-functional Collaboration
- Bloomberg
- Paxus
- SWIFT
- Omgeo
- Excel
- SQL
- Python
- Analytical Thinking
- Problem Solving
- Stakeholder Management
- Attention to Detail
- Communication & Team Leadership
Timeline
Senior Associate 3
Apex Fund Services LLP
02.2022 - Current
Associate Manager (Fund Accounting Business Analyst)
Azentio Software Pvt. Ltd.
06.2021 - 02.2022
Team Lead
State Street Corp.
01.2018 - 06.2021
Analyst
eClerx Services Ltd.
08.2015 - 11.2017
Master of Commerce (M.Com) -
Symbiosis College of Arts & Commerce
Diploma in Taxation Law -
ILS Law College
Bachelor of Business Administration (BBA) -
MITSOM College
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