Scott R. Lutz. Greenbrier Ventures. Allegiance Advisory Group. PwC. President. Director. Senior Manager

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Brook Craig
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1 Scott R. Lutz Phone: (571) Address: Ferriers Court Leesburg, VA Dynamic CPA with over 15 years of experience in the areas of finance, accounting, and operations. Significant experience with financial reporting, tax, budgeting, and forecasting. Strong analytical, communication, presentation, and project management skills. Deep knowledge of corporate governance, compliance programs, vendor management, and system implementations. Experience Greenbrier Ventures President OCT PRESENT Serve as a financial consultant for clients in real estate, financial services, alternative energy, and technology. Assisted an accounting team in the implementation of accounting policies across the Investments & Capital Markets group of a large financial services company. Produced a monthly financial package for a multinational wind development company. Assisted in a large SAP implementation and conversion project. Drafted and presented technical GAAP accounting policy memos. Prepared and filed partnership, individual, and non-profit tax returns. Created financial models and budgets. Developed strategic operating plans, including identifying potential business development opportunities. Allegiance Advisory Group Director AUG PRESENT Serve as a PMO for a model risk remediation project that crosses multiple business lines and the enterprise risk area for a large financial institution. Coordinate with parallel projects that include a model risk system integration as well as rolling out new standards and procedures. Provide regular reporting to senior management and executives. Track performance of model reviewers, communicate with business lines, recommend areas for project improvement and triage areas of project weakness. PwC Senior Manager FEB AUG Conducted an enterprise risk assessment for a large non-bank mortgage servicer and originator that was CFPB regulated. Managed large scale mortgage origination and servicing projects in the areas of compliance, operations, and systems. Acted as a compliance subject matter specialist (SMS) in the design of a mortgage loan origination system (LOS). Reviewed requirement documents for compliance impacts. Identified opportunities to create a stronger control environment and

2 improved system efficiency. Performed system testing. Assisted a large bank in implementing the new CFPB Origination Rules and Servicing Standards. Served as the Program Manager for the overall bank-wide project to become compliant. Provided strong project governance and SMS expertise, regularly reported to executives, and monitored escalated items. Led a team in developing business requirement documents for the new CFPB Origination Rules at a large bank. Provided subject matter knowledge and facilitated decisioning among executives on technical implementation issues. Developed an enterprise-wide compliance program, governance structure, and implementation road map for a large non-bank mortgage company. Built a project reporting structure, developed a project plan to execute the compliance program, and assisted client in remediating gaps. Led a team to update the policies and procedures for compliance related laws, regulations, and risks and controls for a large non-bank mortgage servicer. Worked across all organizational areas, including Compliance, Legal, Risk, and Servicing business lines to effectively complete the project in the agreed upon time. Assisted client in their remediation of a foreclosure consent order. Led the training, staffing assessment, and single point of contact (SPOC) workstreams. Actualize Consulting Senior Consultant MAY FEB Implemented TPG software for the capital markets trading and accounting platform for a $10B GSE and a $1.4B Mortgage REIT. Facilitated the accounting design of the capital markets system and recommended process improvements. Worked with the accounting team to update accounting policies and procedures related to the software implementation. Tested, researched, and resolved software development issues. Trained users and recommended best practices. Created and reviewed the SOX documentation (process flows and narratives) for a capital markets and accounting platform. Recommended changes to the control environment.

3 Freddie Mac Multifamily Accounting Policy Implementation Director MAR OCT Researched and applied accounting policy and other GAAP guidance to all new multifamily products and transactions. Applied FAS 133 Accounting for Derivative Instruments and Hedging Activities, FAS 91 Accounting for Nonrefundable Fees and Costs Associated with Originating or Acquiring Loans and Initial Direct Costs of Leases and FIN 45 Guarantor s Accounting and Disclosure Requirements for Guarantees, Including Indirect Guarantees of Indebtedness of Others to transactions and financial statements. Performed FIN 46(R) consolidation analysis on all multifamily transactions and low income housing tax credit investments on a quarterly basis. Managed all accounting implementation manuals for each multifamily accounting work stream. Managed a large multi-million dollar initiative to become Sarbanes-Oxley compliant within the Retained Portfolio area of the Investments and Capital Markets group. Researched and reviewed business and accounting processes to determine appropriate levels of financial controls. FNB Mortgage Vice President of Finance & Controller AUG FEB Designed and implemented a new accounting system using Microsoft Dynamics SL for a fast growing mortgage company with over 150 employees. Produced monthly financials for the Board of Directors. Coordinated audit and tax engagements. Supervised accounts payable and cash management functions. Created metrics to measure individual, team, and office profitability and performance. Marquis Custom Homes Director of Finance & Operations MAR JUL Created a finance and accounting platform for a custom home builder during a time where annual sales increased from $12 million to $33 million. Managed a team of five individuals in accounting and operations. Produced monthly, quarterly, and annual financials. Developed proformas for existing and prospective communities. Communicated financial information to the ownership group on a weekly basis. Developed house and overhead cost controls. Reviewed all sales contracts, vendor subcontractor agreements, and HOA documents. Managed all human resource activities.

4 CAPREIT Senior Accountant JUN MAR Assisted the CFO with tax planning, financial reporting, and corporate governance. Headed monthly financial reporting for three portfolios totaling over $350 million dollars in real estate assets. Compiled annual financials and drafted financial statements for audits. Handled all corporate governance filings for over 250 entities. Developed tax strategies for new equity partners, property acquisitions, and condominium conversions. Researched and drafted memorandums regarding Federal and state tax issues. Prepared quarterly and annual tax forecasts, as well as corporate budgets for each real estate portfolio. Arthur Andersen Experienced Tax Staff Real Estate Tax Group NOV MAY 2002 Prepared complex partnership, corporate and individual tax returns for a large real estate client in the Washington, DC area. Researched various accounting and tax issues to formulate tax minimization strategies. Performed due diligence on two mergers, including a transaction with a real estate investment trust ( REIT ) valued at over $2 billion dollars and a real estate partnership valued at over $1 billion dollars. Provided clients with tax research to support real estate transactions, including like-kind exchanges under section 1031 of the Internal Revenue Code. Education Widener University Commonwealth Law School JD George Washington University BBA, Major Finance Certifications Virginia Certified Public Accountant District of Columbia and Pennsylvania Attorney Volunteering Overlook at Greenbrier Property Owners Association Treasurer MARCH PRESENT

5 Publications Click on the dotted line: How digital mortgage processes are streamlining the borrower experience OCTOBER 2015

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