Resume Results-oriented CPA with extensive accounting experience in manufacturing environments

1. DAVID SHOLK, CPA
432 Willow Street Cell: (716) 983-7943
Lockport, New York 14094 e-mail: sholk@roadrunner.com
SUMMARY
Results-oriented CPA with extensive accounting experience in manufacturing environments
EDUCATION
MBA, UNIVERSITY OF BUFFALO, 2007
BA, RUTGERS UNIVERSITY, 1982, Economics, Accounting
PROFESSIONAL EXPERIENCE
GOODYEAR TIRE AND RUBBER COMPANY, NIAGARA FALLS, NY 2008 - Present
Finance / General Merchandise and Material Control Team Leader
Responsible for financial statements, SOX compliance, budgeting and analysis for a Goodyear
Chemical Plant. Oversee total warehouse operations including receiving, shipping and stores.
• Transitioned Legacy Fixed Asset program to SAP
• Initiated transition of 65 million pounds from truck to rail
DAVID SHOLK, LLC, (Electric commodity arbitrage) Lockport, NY 2004 - 2009
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
AES EASTERN ENERGY CORPORATION, (Electric generation) Barker, NY 2003 - 2004
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.
LEVERAGED ENERGY PURCHASING CORPORATION, (Energy procurement) Buffalo, NY 2000- 2002
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
PACKAGING CORPORATION OF AMERICA, (Box Manufacture) Buffalo, NY
1999- 2000
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
BUFFALO PAPERBOARD CORPORATION, ( Formerly a Domtar papermill). Lockport, NY 1989- 1999
Treasurer/Controller Corporate officer responsible for all financial aspects of the facility
Oversaw capital projects, budget preparation, and procurement of raw material and energy.
Supervised financial and materials employees.

2. • 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 that bypass proposal with savings of $400,000
annually.
David Sholk, CPA Page 2
• Researched alternative options for power supply; evaluated engineering feasibility
studies and led negotiations for 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
HARRISON RADIATOR CORPORATION, division of General Motors Corp. Lockport, NY 1987- 1989
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
THE ISFEL COMPANY, INC., (Clothing manufacture) Rahway, NJ 1985-1987
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