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Wanda J. Underkoffler

Wanda Underkoffler is a Director at Atlantic Financial Advisory Partners which was recently formed through a management buyout of Kroll Talbot Hughes.  Wanda assists troubled US businesses with cross-border ties in restructurings and the accounting and tax compliance aspects of residual business wind-downs.  She has also developed considerable skills in forensic accounting and fraud investigations.

Wanda joined Talbot Hughes McKillop in 2003 which was subsequently acquired by Kroll Talbot Hughes in 2005.  Prior to that, she spent 18 years in various financial roles with Ferranti International culminating in the position of Vice-President/CFO, and practiced for several years with a regional accounting firm.

During Wanda’s years in industry, she specialized in financial reporting and tax compliance, cash and risk management, government contracting and overhead rates, and hands-on crisis management.  She was the company’s primary liaison with outside audit, banking and pension, government and taxing authorities. She assisted significantly with numerous downsizing and divestiture efforts.

Wanda has worked with companies involved in a wide range of industries: manufacturing, aerospace, technologies, leisure and travel, real estate development (including environmental issues), defense software development and construction.  Wanda is a Certified Public Accountant.

Noteworthy Engagements

• Financial Restructuring and Fraud Investigation. Assisted with the investigation and forensic study surrounding a $1.1 bn international financial/contract fraud. Appointed as officer and managed the divestiture of operations, recovery of assets, residual entity compliance and wind-down of US operations.
• Financial Restructuring. Advisor to Le Meridien Hotel Group in their global financial restructuring of over GBP 2.2 bn in debt. Assisted with the restructuring of the North American entities including the sale of three hotels, sale of intellectual property, and wind-down of residual estate.  Is responsible for the ongoing financial operations of the residual US entities including accounting functions, tax reporting and compliance, banking relationships and document retention.
• Financial Restructuring. Advised and assisted US restructurings and workouts of Transtec, NSM, John Lawrence, SAir (Group) Finance (Swissair) and Photobition, all of which were in receivership or administration.
• Forensic Accounting. Supported several international litigation projects with financial expertise/evaluation

Education & Certification

• The Pennsylvania State University, BS Business Administration, Valedictorian
• Certified Public Accountant licensed in Pennsylvania and Maryland
• American Institute of Certified Public Accountants
• Pennsylvania Institute of Certified Public Accountants