Edward R. Ackerman, CPA 914-***-**** ac9fe6@r.postjobfree.com New Rochelle, NY

SUMMARY

Throughout my career, I have guided real estate companies to success. My leadership of more than 75 acquisitions and dispositions (of assets totaling more than $1.8 billion, 57 as 1031 exchanges), 22 mortgage financings (with total proceeds exceeding $1.0 billion) and tax certiorari efforts (resulting in lower assessments and refunds of more than $10 million) has resulted in meaningful revenue and EBITDA growth. By modernizing financial accounting systems and procedures, I have increased capitalization value and produced future cash flow visibility.

As Chief Financial Officer at organizations owned by New York’s most prominent families, I have managed thousands of units of multi-family residential, millions of square feet of commercial office & big box retail, flagged & self-managed hotels, restaurants, health clubs and liquid asset portfolios.

REAL ESTATE EXPERIENCE

PAN AM EQUITIES, INC., N.Y., N.Y. 2010 to present

Chief Financial Officer

●Utilized reporting tools to create reports that were concise and meaningful

●Led the data migration and implementation of MDS and custom Excel integration of F9

●Managed workpaper preparation and tax compliance for 150 tax filing entities, trusts, foundations and individuals

●Performed cash management, tracked; private equity, seed money venture capital, and traditional brokerage

●Served as officer & director of captive insurance company, trustee of 401k deferred plan & officer of 501(c) 3

●Liaison with partners, lenders, bankers, financial advisors, accountants, attorneys and governmental agencies

THE OLNICK ORGANIZATION, INC., N.Y., N.Y. 2002 to 2010

Chief Financial Officer

●Created budgeting process to fully analyze business operations, optimize cash flow, and forecast distributions

●Led the data migration and implementation of Yardi and financial reporting design & implementation

●Reported on liquid asset investment portfolio and liaison to all banking relationships

●Managed workpaper preparation and tax compliance for all business, trusts and individuals

●Responsible for risk management, successfully reduced loss reserves, and achieved premium cost reductions

●Directed IT and system relocation enhancing network configuration, security and disaster preparedness

GVA/WILLIAMS REAL ESTATE, N.Y., N.Y. 2000 to 2002

Chief Financial Officer

●Designed and collaborated with software engineers to create customized brokerage transaction software

MACKLOWE PROPERTIES, N.Y., N.Y. 1998 to 2000

Vice President of Finance/Director of IT

●Prepared $598 million initial registration statement for public offering of commercial office & residential portfolio

REAL ESTATE EVALUATION SERVICES, INC., Rye, N.Y. 1995 to 1998

Finance Manager

●Performed debt compliance monitoring and forensic analysis

PRIOR REAL ESTATE EXPERIENCE

THE METROPOLIS GROUP, N.Y., N.Y., Controller 1990 to 1995

CAROL MANAGEMENT CORPORATION, N.Y., N.Y., Assistant Controller 1987 to 1990

DELOITTE N.Y., N.Y., Senior Accountant, Audit Department 1984 to 1987

HOLTZ, RUBENSTEIN & CO. C.P.A.’s, Melville, N.Y, Staff Accountant, Audit Department 1982 to 1984

EDUCATION & AFFILIATIONS

SUNY Albany; B.S., Accounting, 1982 Member of the American Institute of CPAs & the New York State Society of CPAs

SOFTWARE

MDS, Yardi Voyager/Enterprise, F9 & YSL (Yardi System Language) Advanced Excel & Word, T Value and Argus

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