Gustavo Falcon Schwartz

• Audit responsible and leader for the audit of different financial and non-financial areas (Governance, Compliance, Fraud, Finance, payment processing, provision estimation, credit line, cash pooling, logistics, cost distribution, information security, ESG, materials storage, contract evaluation and HR) during field audits worldwide.
• ICS Analysis and recommendation for process improvements to increase efficiency and minimize risks
• SOX Coordinator and responsible for all TDK Electronics AG and subsidiaries (Incl. more than 22 Entities in 14 countries)
• Responsible for analysis and evaluation of ERM and RCM
• Audit software administrator
• Responsible for the evaluation of purchasing tool (SAP-ARIBA)
• Participation in Supervisory Board meetings.
• Responsible for analysis and evaluation of ERM and RCM
• Audit software administrator
• Responsible for the evaluation of purchasing tool (SAP-ARIBA)
• Met regulatory, compliance, and safety requirements.
• Optimized supply chain management to reduce lead times and improve inventory control, enhancing overall customer satisfaction levels.

• Supported fraud investigations through meticulous analysis of financial records and documentation, ultimately leading to swift resolution of cases where misconduct was detected.
• Improved internal control systems by conducting comprehensive risk assessments and identifying areas of improvement.
• Played a vital role in M&A transactions by evaluating target companies'' internal control environments, ensuring seamless post-acquisition integration efforts.
• Assisted executive leadership in strategic planning efforts by providing insights on potential risks associated with various business initiatives.
• Creation and further development of the group-wide risk framework and the internal control system (ICS) based on SOX
• Responsible for internal audit projects (Direct reporting to CFO)
• Restructuring and mapping (Flow charts) of the company's processes (identification of risks, controls, and deficiencies)
• Responsible for Risk Control Matrix (RCM)

• Evaluation of the ICS (internal control structure)
• Responsible for SOX testing the correct design and effectiveness of the controls (ToD and ToE)
• Substantive audit procedures and detailed audit tests (IFRS und German GAAPs)
• Learned and adapted quickly to new technology and software applications.
• Proved successful working within tight deadlines and a fast-paced environment.

• Manager of the ICS restructuring project of a subsidiary company based on Sarbanes Oxley:

1. Set-up test incl. identification of control deficiencies

2. Documentation and presentation of results

3. PCAOB Standards

• Maintained up-to-date knowledge of industry trends and developments in order to provide expert advice on emerging risks or potential issues impacting the business environment at large .
• Participated in continuous improvement initiatives, driving change within the organization by implementing innovative solutions to common challenges.
• Streamlined financial reporting processes, resulting in more accurate and timely financial statements.
• SAP -PR3 admin and responsible for the management chain
• Compliance verification with company policies, construction projects(capitalization) and procedures within the inventory of raw materials

• Responsible for key account companies (technology, commodities, and raw material companies)
• Developer testing of controls
• Execution of substantive audits (IFRS and VEN-GAAP).
• Reporting responsibilities (audit report, financial statement presentations)

• Responsible for control testing (technology and commodity companies).
• Perform substantive testing (IFRS and US GAAP).
• Responsible for audit reports