John Acacia Email & Phone Number

I am a results-oriented leader with broad experience in corporate and investment real estate accounting and finance. I have a passion for process improvement and systems re-engineering and that allowed me to create a high functioning, efficient and lean corporate real estate accounting and lease administration team. I am fluent in the new FASB lease accounting rules and am also a TRIRIGA IWMS functional expert. This skill set is unique in that I have practical and theoretical knowledge as well as functional and technical expertise. I have a passion for and facility with complex Excel models which enables me to deliver insightful analytics to corporate real estate leaders and subject matter experts. I have exceptional writing and communication skills as demonstrated in my 2009 scholarly biography of presidential adviser Clark Clifford. I am an enthusiastic team player who partners effectively with cross functional groups of real estate, accounting and systems professionals and have successfully used my interpersonal and management skills to consistently deliver results and meet organizational objectives. Core Competencies:• Real Estate Accounting/Analysis • Lease Administration• TRIRIG IWMS• 842 Lease Accounting• Process Re-Engineering• Systems Implementation• Capital Project Accounting • Fixed Asset Accounting • GAAP / Statutory Reporting • Financial Reporting / Analysis • Budgeting • Staff Management• Sarbanes-Oxley Compliance• Financial Modeling• Interpersonal Skills• Vendor Management• Tenant Relations• Account Management• Landlord/Tenant MattersKey Accomplishments:• Adopted the 842 Lease Accounting standard for Prudential, both domestically and in 15 foreign countries. This represented a right to use liability of $500 million.• Successful implementation of TRIRIGA IWMS Lease and Capital Projects modules for Prudential resulting in functional efficiencies and staff reductions.• Outsourced the lease administration function for Prudential resulting in cost savings and diversification of subject matter expertise.• Accounting and finance lead for multi-year development of $.5 billion 20 story office tower in Newark and adjacent retail complex. Oversaw implementation of a single credit tenant lease financing arrangement and tax fixed asset segregation study which yielded $30 million in tax savings. • Initiated continuous improvements in the lease administration process including accounting automation, lockbox cash receipt recognition, and automated emailing of tenant invoices.

Listed skills include Lease Accounting, Lease Administration, Business Process Improvement, Leadership, and 3 others.