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John Flock
PwC SALT Credits & Incentives Practice Leader
Professional Background
John Flock is an accomplished leader and expert in the field of National Credits and Incentives, with an impressive 22 years of experience dedicated to identifying value for his clients' projects. His vast knowledge and expertise in this specialized sector empower him to effectively leverage existing relationships with state and community officials to deliver tailored incentive solutions that meet the diverse needs of businesses. As the driving force behind the National Credits & Incentives team, John has been pivotal in connecting with key figures such as state governors and Directors of Economic Development, facilitating the procurement of valuable incentives including forgivable loans, payroll rebates, property tax abatements, grants both cash and land-based, utility rate discounts, and a myriad of other benefits.
Moreover, John possesses extensive experience in leading the federal New Market Tax Credit practice, further solidifying his position as a thought leader in the credits and incentives industry. His work is characterized not only by his deep understanding of the regulatory landscape but also by his strategic approach in crafting solutions that align with client objectives.
His acute ability to navigate complex financial environments has resulted in consistently delivering significant refunds and identifying missed opportunities that have collectively exceeded $1 billion. John's influential refund claim work has been instrumental in driving legislative changes across multiple states, enhancing the operational landscape for businesses seeking credits and incentives.
Education and Achievements
John's academic background lays the groundwork for his professional success in finance and incentives. He studied Bachelor of Science in Accounting at the prestigious DePaul University, where he honed his analytical skills and developed a strong foundation in financial principles. Further enhancing his expertise, John also pursued studies at Indiana University Bloomington, enriching his knowledge and preparing him for the complexities of his career in credits and incentives.
Over the years, John has held several significant positions that underscore his extensive experience and strategic leadership capabilities. He is currently serving as Managing Director at PwC, where he leads a dedicated team focused on maximizing credits and incentives for diverse clients. Prior to this role, John honed his skills as a Senior Associate at Arthur Andersen, where he gained valuable insights into accounting practices and corporate finance. Additionally, his journey began with an internship at ABN AMRO, where he started to build the foundation for his extraordinary career in the financial industry.
Achievements
John Flock has achieved remarkable success throughout his professional journey. Notably, he has identified over $1 billion in refunds related to various credits connected to state research, investment, job, recycling, and numerous other incentive programs. His impressive ability to pinpoint opportunities for his clients is a testament to his keen analytical skills and his mastery of the relevant regulations and incentives available in the marketplace.
Moreover, John's contributions go beyond mere financial recovery; he has played an active role in effecting statutory changes in several states, demonstrating his commitment to not only serving his clients but also advocating for systemic improvements in the industry. Through this work, he has exhibited an unwavering dedication to enhancing the incentives landscape for businesses nationwide, making a substantial impact.
In his leadership role at PwC, John continues to inspire his team and clients alike, fostering an environment where innovative ideas thrive and complex challenges are met with effective solutions. His collaborative approach and ability to connect with key stakeholders ensure his clients receive the highest level of professional service, tailored specifically to meet their needs in the ever-evolving financial landscape.
In summary, John Flock's impressive background reflects a career dedicated to excellence in identifying and securing credits and incentives. His deep understanding of the financial landscape, coupled with his strategic connections and leadership abilities, positions him as a prominent figure in the financial services industry. With his extensive expertise and proven track record, John remains a trusted partner for businesses seeking to unlock their full potential through targeted financial incentives.