Mrs. Escribano is a Certified Public Accountant, Certified Insolvency and Restructuring Advisor and Certified Fraud Examiner. With more than fifteen (15) years of experience, Aida has worked at management level or as advisor within the manufacturing, distribution, power and utility, tourism, development, food and construction industries. Aida is a member of the Hispanic Scholarship Fund’s Puerto Rico Advisory Council.
She specializes as a Financial Advisor assisting clients with acquisitions, turnaround and restructuring strategies, raising capital, bankruptcy processes and creating tax structures to maximize return on investment for shareholders, among other matters. She has also conducted multiple fraud and forensic accounting engagements, business valuations to advise senior management in the context of acquisition, joint ventures and strategic alliances, business plan development, cash management and cost reduction, and holistic assessments. Her experience also includes calculating and filing recovery insurance claims for lost profits and extra expenses resulting from business interruption.
Aida’s experience includes negotiating with lenders to restructure credit facilities to avert bankruptcy case filings and leading due diligence processes. She has performed on-site reviews and investigations of accounting records for accuracy, and evaluate business operations and internal controls. Additionally, she has assisted and advised numerous challenging and complex Chapter 11 filings, including surrender of premises, competing plans, stipulations of adequate protection, review monthly operating reports, plan and disclosure statements, liquidations analysis, financial reports and projections, and objections to proof of claims.
Additionally, Aida has been leading the restructuring team analyzing historical, actual and projected financial data from the Puerto Rico Electric Power Authority in order to comply with reporting requirements of the Financial Oversight Management Board’s approved fiscal plan and budget; and the operational restructuring.
American Institute of Certified Public Accountants
Puerto Rico Society of Certified Public Accountants
Association of Certified Fraud Examiners
Association of Insolvency and Restructuring Advisors
B.B.A in Accounting, University of Puerto Rico