Accounting and Finance Solutions from Lavinski

Financial Services Specialty Practice

Lavinski|Hayes International is a professional services firm specializing in consulting and employee-related services. Our Financial Solutions division provides high-quality consulting, project management and outsourcing, as well as interim staff or direct hire employee search. Our practice offers specialized expertise in finance, accounting, internal audit, human resource and liquidation/asset-related services.

Financial Services Specialization

Our Financial Services Industry specialty team has extensive experience in serving financial institutions of all sizes and types as well as the governmental and regulatory organizations that support them.

The Lavinski|Hayes International financial services specialty team has provided services to Fannie Mae, the FDIC, and a wide array of both healthy and troubled financial institutions. Our past experiences have ranged from being a preferred pro-forma contractor to the RTC to due diligence and covered asset reporting for a variety of institutions regulated by the Southwest Plan. We have supported regional accounting centers, pro-forma closings, receiverships, loan sales, support, processing, work-out and servicing, pre-acquisition due diligence, post acquisition accounting and system assimilation. Our team has managed the transition of properties held by failed institutions back to private investors, implemented standardization of reporting policies, procedures and controls, and provided expertise and oversight of due-diligence on large $1 billion plus asset and loan funds.

In addition to the above, our team has provided consulting and interim staff to the financial services specialty divisions of the Big 4 accounting firms. We have also partnered with global Fortune 100 technology service providers and minority-owned firms. Our capacity to provide both consulting and interim professional services to financial institutions includes but is not limited to the following:

Project Managers
Proforma Managers and Team Leaders
Proforma Seniors & Staff
Asset Servicing Managers, Seniors & Staff
Asset Management Portfolio Managers, Seniors & Staff
Work Out Specialists
Data Integrity Specialist
Loan, Asset, and Portfolio Auditors
Financial Reporting, Audit, & Accounting Specialists - All levels
Financial, Mortgage & Real Estate Services Specialists including REO Accounting, Reporting, Systems & Management
Experienced Professionals and Subject Matter Experts in all areas of Financial, Mortgage & Real Estate Services

Advantages of Lavinski|Hayes International Financial Solutions

We help financial leaders meet and exceed their objectives with flexible and scalable services customized to meet your specific needs. When you select Lavinski|Hayes International as your partner, you receive several benefits including:

Significant experience in all financial institution operational accounting areas
Consultants with over 20 years financial services industry experience with significant TARP, FDIC, Fannie Mae and RTC related experience
Seasoned expertise and practical experience at impressively cost-effective rates
Ability to work with and communicate to existing staff, audit and financial institution personnel in a seamless fashion:
- Significant experience working side-by-side with all major accounting firms and serving as a liaison with other large consulting firms
Accustomed to stepping into new environments, ranging from stable to chaotic, and becoming immediately effective
Full-time resources with quick “ramp-up” capabilities
Continuity of delivery and knowledge-sharing throughout the project
Ability to manage a large staff and teams with multiple projects and responsibilities

Our most important advantage is our proven track record. We assist organizations in accomplishing high priority projects using methodology that is smart, fast, practical and cost-effective.

Lavinski|Hayes International Career Consultants

As a high-performance firm, Lavinski|Hayes International attracts top caliber talent to our team. Our mutually beneficial relationships ensure quality delivery for our clients and long-term career paths for our Consultants. Our unparalleled focus on quality sets Lavinski|Hayes International apart as a company and distinguishes our consulting teams as the best in the market.

Seasoned professionals with 10 to 20 years experience
Experience in public accounting as well as financial institution, mortgage or real estate services experience
Former CFOs, Controllers, Directors and Managers
Former IT Directors, Managers and Developers
Majority are CPAs or have advanced degrees

Available Resources

At the moment, our firm has over 500 pre-screened and pre-qualified accounting, finance, and operational professionals with subject matter expertise relevant to the Financial Services industry. All of our resources are available on an “as-needed” basis with ability to travel and deploy throughout the United States

Overview of Services

Expertise When You Need It

At Lavinski|Hayes International, we know that in our current business climate, financial leaders are expected to achieve greater results while conserving corporate resources. We understand your pressures because we’ve spent years in key financial roles – both within corporate finance groups and as public accountants with the world’s leading firms. Our practices are designed to offer maximum flexibility for customizing the specific solution you need.

Practices

Financial Management and Support
Audit and Compliance
Technology Risk and Services
SEC and Technical Accounting
Strategic Initiatives
HR | HRIS | Payroll Consulting Services

Local Expertise with Global Reach

In North America and around the world, our clients rely upon Lavinski|Hayes International’s depth of experience and practical solutions. Whether you need interim leadership or support staff, technical expertise to fill a knowledge gap within your organization, or a proven methodology for managing your complex project; we’re here to help.

Financial Solutions is a practice of Lavinski|Hayes International, a leading provider of consulting, professional services and talent management services worldwide. From single placements to comprehensive turnkey solutions, Lavinski|Hayes International helps clients achieve greater organizational performance by assessing, recruiting, developing and engaging the best and brightest people for their businesses. The company in partnership with The Hayes Group International serves clients and candidates globally.

Lavinski|Hayes International
Rich Lavinski, CPA, Managing Director
Phone 214.733-6103
rich.lavinski@Lavinski-Hayes.com

*Please see Addendum regarding our Currently Available Resources and Financial Institution & Real Estate Specialty Team attached herewith.

Currently Available Resources

Lavinski|Hayes International has developed and maintains a pool of mobile, highly skilled and experienced financial institution and real estate personnel.

Our extensive experience and track record has allowed Lavinski|Hayes International’s Financial Institution Specialty Team to work with financial institutions in various stages of operation or restructure. On behalf of these institutions the firm has provided a vast array of highly experienced financial institution and real estate industry specialists to assist our clients. The firm’s pool of experienced professionals and support staff has been involved with one or more of the following:

Asset Management & Disposition
Loan and Participation Workout
Asset Portfolio Analysis
Pro Forma Closings & Receivership Assistance
Financial Institution Business Plans (origination and independent review)
REO Accounting and Reporting
Litigation Support
Regulatory Reporting (including Asset Composition/Sales Report)
Investor Reporting/ Loss Share Reporting
FedLine Audits
Property Management
Loan Servicing/ Note Operations/Portfolio Due Diligence
Subsidiary Accounting Analysis
Consumer Compliance, Lending Operations
General Ledger and Subsystem work including General Accounting
Interest Rate Risk & A/L Management
System Conversion Analysis
Financial Services Special Projects (e.g. Corporate Proof of Claims, Receivership Certificates, Dividend Cases, Mortgage Purchase Price Calculations, Pro Forma Accounting, etc.)
FDIC IA (Section 112)
Proof of Claims Processing
Mortgage Purchase Price Verification
Procedural Documentation (Receiver Certificates, Proof of Claims, etc.)
Special billings (including Covered Asset Accounting)
Policy, Procedure & Control Development
Safekeeping of non-real estate assets
Payroll and HRIS System Conversions
Complex Reconciliations
Preparation of property plans, business plans, collection plans, asset sales
Real Estate Appraisal Analysis
All areas of Receivership and Conservatorship Accounting
Marked to market consolidation and conversions
Payroll & HR–Accounting and Staffing

Our Financial Institution and Real Estate/Asset Management Specialty Practices

Lavinski|Hayes International’s philosophy is that service to each client must be based on substantive knowledge and specialization in the service to be provided. Having provided over 250,000 hours of service to financial institutions and related industries, we feel our financial services team and support staff qualify as financial institution industry experts. We believe this type of experience will be critical in meeting the special project requirements of financial institutions.

Since April 2008, Lavinski|Hayes International’s Financial Services Specialty Team has screened and qualified more than 500 financial institution and real estate specialists. Our leadership team has worked with the key management teams of over 40 financial institutions and real estate companies as well as dozens of on site administrators and Pro Forma Managers. Our experience includes providing solutions, project management and staffing positions in most departments of a financial institution and within a broad array of asset management operations. Our service has included institutions in every stage of operation; from fully operational to restructuring, conservatorship, receivership and final wind down. In this endeavor, the firm has gained the knowledge and experience to meet the special needs of the financial services industry.

The firm’s specialty practice includes a management team of financial institution and real estate professionals. Lavinski|Hayes International has offices and operations in several key cities throughout the United States. Lavinski|Hayes International has developed a proven track record of meeting client needs on short notice in some of the remotest regions of the world.

While a well seasoned experienced management team and staff are important in fulfilling the requirements of each client, other resources are necessary to exceed client expectations. Our firm has leading edge financial, operational, process, methodology, systems, tools and resources required to administer a large, mobile and varied professional services pool and to deliver exceptional results.

As for system and operational ability, the firm has one of the most comprehensive state of the art fully integrated payroll, human resources administration, personnel and billing systems available. These systems enable the firm to offer the financial services industry an enhanced personal level of service at the lowest cost.

In short, Lavinski|Hayes International is composed of highly experienced and highly skilled professionals dedicated to doing what it takes to get the job done in a timely and efficient manner. Our skills, professionalism and subject matter expertise are paramount to our continued success. We encourage those reviewing this information to contact our clients. We believe our clients sell our services harder than we do. Should you have any questions concerning any of the information presented herein, please do not hesitate to contact us.

Rich Lavinski, CPA Managing Director - 214-733-6103 - rich.lavinski@Lavinski-Hayes.com

Sample Engagements

The LAVINSKI|HAYES INTERNATIONAL Financial Services Team has served a variety of clients in the banking and finance industries, including large financial institutions and mortgage service companies. LAVINSKI|HAYES INTERNATIONAL has provided project management and services in the following areas:

Reconciliation work in the Investor Accounting and Foreclosure departments of a mortgage services company.
Reviewed processes and created procedural documentation related to portfolio sales and acquisitions, foreclosures, and REO/REM tracking.
Provided a Commercial Bank with assistance with a G/L system conversion, account reconciliations and provided extensive work in the Deposit Operations area.
Assisted in re-engineering SBA loan operations for a Business Banking group.
Developed and implemented detailed procedures and desk manuals for a number of departments: Underwriting, Closing, Funding, Post Closing, One-Time Close, Investor Delivery, Servicing (Investor Accounting, foreclosure, portfolio acquisition and sale), Secondary Marketing, and SBA Trading.
Reconciled over 300 investor custodial accounts in large FHLMC and GNMA portfolios.
Assisted with financial data preparation required for an IPO.
Assisted with HUD audits.
Developed a foreclosure tracking system to accumulate status on FHA, VA, and conventional loan accounts receivable.
Filed for and collected foreclosure receivables.

Whether it is project services or backfilling business office and financial management positions, Lavinski|Hayes International’s Financial Services Team can help you bring in the right resources. We can provide experienced resources to serve as controller, CFO, treasurer, cash management functions, accounting managers, financial analysts, and fixed assets manager.