David Sholk, CPA
Residence:
Lockport, New York 14094 e-mail:
*****@*******.***
Summary: Results-oriented CPA with extensive accounting experience in
manufacturing environments. Demonstrated success in managing accounting
staff and working with management teams to achieve financial objectives.
Education
BA, RUTGERS UNIVERSITY, 1982, Economics, Accounting
MBA, UNIVERSITY OF BUFFALO, 2007
Professional Experience
2008 - Present: Goodyear Tire and Rubber Company, Niagara Falls, NY
Senior Accountant - Financial Analyst
Responsible for financial statements, SOX compliance, budgeting and
analysis for a Goodyear Chemical Plant.
. Lead accounting professional at the facility
2004 - Present: David Sholk, LLC, (Virtual electric peak sales $20 million
annually) Lockport, NY
Energy Commodity Trader
Active participant with the New York Independent System Operator
purchasing/selling Swaps between the Day Ahead Market and Real Time.
. Entrepreneur solely accountable for all aspects of the company
2003- 2004: AES Eastern Energy Corporation, (Five electric generation
plants) Barker, NY
Senior Financial Analyst Responsible for consolidating financial
statements, budgeting and analysis for five coal-fired generating stations.
. Standardization of account classification
. Implementation of Sarbanes Oxley compliant internal controls.
2000- 2002: Leveraged Energy Purchasing Corporation, (An energy procurement
company) Buffalo, NY
Senior Analyst Responsible for risk management of gas and electric programs
and client reporting.
. Developed electric price capped bidding strategy that reduced client
costs by seven percent and generated incentive based performance
revenue
. Established receivable reconciliation procedure generating $75,000
. Purchased NYMEX contracts based on Real Time pricing
1999- 2000: Packaging Corporation of America, (One of Seventy-Five PCA
facilities. manufactures and distributes $12 million in corrugated boxes
annually). Buffalo, NY
Controller Responsible for all financing reporting, credit, collections and
general administration. Supervised three accounting associates.
. Overhauled credit management practices and implemented procedures
resulting in timely and efficient order processing
. Analyzed profitability by customer and product; identified market
niche and formulated marketing strategies for maximum return
David Sholk
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1989- 1999: Buffalo Paperboard Corporation, (A $35 million corporation
producing paper for the gypsum industry. Formerly a Domtar papermill).
Lockport, NY
Treasurer/Controller Corporate officer responsible for all financial
aspects of the facility including profit and loss reports and long range
planning. Oversaw capital projects, budget preparation, and procurement of
raw material and energy. Supervised financial and materials employees.
* Demonstrated the viability of a gas pipeline construction project
complete with permits, right of way contracts, and equipment
proposals. Negotiated a unique utility transportation contract
based on the bypass proposal with savings of $400,000 annually
* Researched alternative options for power supply; evaluated
engineering feasibility studies and negotiated an electric rate
with annual savings of $510,000.
* Competed for a New York Power Authority grant and was allocated
hydroelectric power with savings of $360,000 annually
* Initiated application for a Department of Economic Development
grant and was awarded $75,000 to recycle mixed paper grades
* Petitioned New York Tax Department for exemption from both GRT and
import tax on natural gas. Granted $100,000 refund for two-year
period and exempted from future taxes
* Reduced cost of raw materials by $750,000 annually by renegotiating
purchase contracts and developing material substitutions
1987- 1989: Harrison Radiator Corporation, division of General Motors Corp.
Lockport, NY
Contract Cost Accountant Allocated costs of scrap, salvage, obsolescence,
and material requisition for Research and Development. Prepared process
mapping of source documents to automate journal entries.
* Uncovered inconsistencies in material requisition triggering
internal audit and improvements in security
1985-1987: The Isfel Company, Inc., A group of five companies manufacturing
and marketing $20 million in women and children's clothing. Rahway, NJ
Cost Accountant established a standard cost system and converted financial
system from manual ledgers to a mainframe program. Supervised and trained
five accounting clerks.
ADDITONAL TRAINING AND CERTIFICATIONS
. CPA License Number 07 100674
. Post Graduate Accounting
. Certified ISO 9001 Auditor