Itzel Valdelomar

Oversaw all aspects of revenue recognition and reconciliation, including all KIPP Norcal Operating, Sweeps, Facility and Investment Accounts Onboarded and currently manage the Accounts Receivable Coordinator and Accounting Temp Prepared documentation and followed up with school districts for outstanding in lieu of property tax payments

Accounts Receivable Manager at KIPP Northern California: Regional Support Office (2022-12 – Present)

• Oversaw all aspects of revenue recognition and reconciliation, including all KIPP Norcal Operating, Sweeps, Facility and Investment Accounts
• Onboarded and currently manage the Accounts Receivable Coordinator and Accounting Temp
• Prepared documentation and followed up with school districts for outstanding in lieu of property tax payments
• Implemented bi-monthly federal grant reconciliation with the Finance and Development manager to save 10+ hours of time reconciling at the end of the fiscal year
• Reconciled all revenue accounts for the fall audit and prepare documentation for external auditors successfully resulting in no findings
• Acted as the Audit Committee Secretary, creating and preparing materials for auditors, board members and KIPP Leadership
• Collaborated with Finance, HR, Tech and Development managers to gather relevant information and documentation for revenue related audit tasks
• Read and managed the documentation and recording of 25+ pledges
• Lead monthly pledge and donation reconciliation with the Development Manager, exceeding $14M
• Assisted the Controller with the creation of a yearly pledge schedule for the fall audit
• Filled out Schedule B (Contributors) on the 990 Form with 100+ donor information with 100% accuracy for the Spring Audit
• Created a Resource Binder with Accounts Receivable, Payroll and Accounts Payable procedures to align with the newly implemented Sage Intacct accounting system
• Attend monthly sessions with the Finance Manager to improve information funneling from Sage Intacct to Adaptive Finance

Accounting Associate at KIPP Northern California: Regional Support Office (2021-05 – 2022-12)

• Analyzed and recorded all revenue for the main operating accounts ensuring accuracy and compliance with GAAP standards
• Prepared and entered journal entries for month-end and year-end closing maintaining clean records for audit purposes
• Spearheaded month-end reconciliation for main operating and investment accounts in a meticulous and timely manner
• Reconcile all revenue accounts for the fall audit and prepare documentation for external auditors successfully resulting in no findings
• Managed government grants and private donations/grants totaling $14M in FY22
• Implemented the revenue tracker at our 17 school location for accurate deposits and revenue recognition to eliminate school deposit findings by 100% during the audit
• Supervised the Accounting Intern and oversaw their completion of FY22 fall audit tasks
• Improved the team use of Accounts Receivable features and best practices in the Sage Intacct system, newly implemented May 2021

KIPP Through College (KTC) Advisor at KIPP Northern California: Regional Support Office (2016-07 – 2021-05)

• Managed a caseload of 90-150 college students and consistently met quarterly advising benchmark goals focused on academic success and financial aid literacy
• Analyzed caseload, sub regional, and regional student data using Salesforce to set benchmark goals
• Created a $1,500 budget report for the Alumni Internship Program in 2019 and successfully allocated funds for intern transportation stipends, orientation and end of summer celebration for students and stakeholders
• Itemized student cohort event receipts in SAP Concur and reported monthly mileage

Accounting Coursework in Accounting – Chabot College (2021-01 – 2022-06)

Bachelor of Science in Education, concentration in Spanish – Bob Jones University (2012-08 – 2016-05)