Experience

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  Lubbock Meals on Wheels Foundation

  • Lubbock, Texas, United States

  • President & Board Member

    • Jan 2024 - Present
    • Lubbock, Texas, United States

    The Foundation invests Lubbock Meals on Wheels funds to support operations and ensure the ongoing ability to operate.

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  Lea County State Bank

  • Hobbs, New Mexico, United States

  • SVP & CFO

    • Feb 2023 - Present
    • Hobbs, New Mexico, United States

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  Texas Tech University School of Banking

  • Lubbock, Texas

  • Advisory Board Member, Instructor, Sponsor

    • Oct 2014 - Present
    • Lubbock, Texas

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  Lubbock Meals On Wheels

  • Board Member, Treasurer, Finance/Audit Committee Chair

    • Dec 2016 - Dec 2023

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  Russ Lam CPA

  • Lubbock, Texas, United States

  • Certified Public Accountant

    • Oct 2022 - Jan 2023
    • Lubbock, Texas, United States

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  Carr, Riggs & Ingram

  • Lubbock, Texas

  • Partner

    • Aug 2019 - Sep 2022
    • Lubbock, Texas

    Retired Audit Partner

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  Lam & Company PC

  • Lubbock, Texas

  • President

    • Jul 2013 - Jul 2019
    • Lubbock, Texas

    Russ has over 25 years experience in accounting and financial management; 21 years in public accounting and 4 years as a CFO. He is licensed to practice public accountancy in Texas and New Mexico. Russ has extensive and broad experience serving a number of clients: - External auditor of financial institutions, including FDICIA (> $1 Billion), HUD, SBLF - Loan review - Directors Exams - Outsourced internal audit - Sarbanes Oxley implementation and compliance - Oil & Gas Services (including construction) - Employee Benefit Plans (401k & ESOP) - Not-for-Profits - Health Care - ConvenienceRuss served on the TSCPA's Professional Standards Committee, including subcommittees for Accounting Standards, Attestation Standards (Chair) and PCAOB Standards. He is currently serving on the steering committee for the TSCPA's annual financial institution conference. He has also served on the Board, Finance Committee and Annual Duck Race Committee (Corporate Sponsorship Chair) for Maverick Boys & Girls Club of Amarillo and participated in the Leadership Lubbock program. He is a member of the AICPA, TSCPA & NMSCPA.

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  Lam Vinson & Company, LLP

  • Lubbock, Texas

  • Principal, CPA

    • Nov 2003 - Jun 2013
    • Lubbock, Texas

    Russ Lam & Jeff Vinson started this firm in 2003. Russ led the audit practice and Jeff led the tax practice. On July 1, 2013, we merged our tax practice with another firm in Lubbock to better serve our clients' need for independent auditors. Jeff continued to serve our tax clients and Russ formed Lam & Company to be an independent, audit focused firm. Jeff and Russ continue to work in their specialties and regularly work together when clients have both audit and tax needs.

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  RBMSB

  • Lubbock, Texas

  • Senior Audit Manager

    • Mar 2001 - Nov 2003
    • Lubbock, Texas

    Managed audit practice in West Texas and Eastern New Mexico (ex-Coopers & Lybrand practice) with clients in governmental, not-for-profit, banking, agriculture, manufacturing and other industries.

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  McCarty-Hull, Inc.

  • Amarillo, Texas

  • CFO

    • Mar 1997 - Nov 2000
    • Amarillo, Texas

    Senior executive for wholesale convenience distributor with $90 million annual sales, 125 employees and 60 vehicle fleet. Operations in TX, NM, OK & KS. ESOP, 401(k), self-insured employee health plan, workers comp non-subscriber arrangement.

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  Medical Center of Winnie

  • Chief Financial Officer

    • Aug 1996 - Mar 1997

    Executive position at not-for-profit rural hospital with six clinics, multi-location home health agency and hospice program.

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  Clifton Gunderson LLP

  • Amarillo, Texas

  • Manager

    • 1996 - Aug 1996
    • Amarillo, Texas

    KPMG Amarillo office acquired by Clifton; served as Audit Manager.

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  KPMG

  • Manager

    • Jul 1988 - 1995

    Audit experience with public (SEC) and private, not-ro-profit and governmental clients in financial services, health care, charitable, manufacturing and others.Quality Client Service Representative, Audit Technology Coordinator, Audit Training Coordinator and scheduled audit professional's assignments.Selected for 23-month rotation in Executive Office-Audit Research & Technology Group; as project manager, completed and implemented an interactive database system for regulatory financial information on all commercial banks in the U.S. and completed development of Management Fraud Risk Assessment decision aid. Assisted with implementation of academic and Firm research, programming and testing of electronic tools and wrote the supporting manuals.