Job Description

Who We Are: At Huda Beauty, our Vision is to lead in creating a democratized beauty industry where power is given back to people to define, create, and enjoy beauty for themselves! Launched by award-winning beauty powerhouse Huda Kattan in 2013, Huda Beauty is one of the world's fastest growing beauty brands. As a company, we are fueled by purpose which allows us to approach things differently so that we can create products, content, and a community like no other. A lot has changed since our launch in 2013, but something that will forever remain at the core of Huda Beauty is our focus on business excellence and our unwavering passion for kindness!

Summary: We are seeking a Chief Accountant to enhance our Finance team in Dubai. This pivotal role will lead the accounting department and collaborate closely with other senior management to oversee all accounting operations, ensuring the production of precise, audited Financial Statements in line with established accounting standards and regulations. Responsibilities include managing accounting for each entity within the Group and producing audited Consolidated Statements. The Chief Accountant will guide and mentor a team of Accountants, leveraging strong leadership and people management skills. Additionally, this role will be responsible for the technical training of the team, encompassing both accountancy and ERP tools.

Requirements

Essential Duties and Responsibilities:

Leadership and Management:

• Direct and oversee the accounting team, providing leadership, training, and performance reviews.
• Cultivate a team oriented, high-performance organizational culture.
• Enhance team capabilities and efficiency through the development of automated reporting and controls in collaboration with IT, allowing the team to concentrate on value-added activities.

Accounts Receivable (AR) and Accounts Payable (AP) Management:

• Supervise the AR and AP operations to ensure timely and precise handling of invoices, payments, and collections.
• Develop and enforce credit policies to minimize credit risks and improve cash flow.
• Maintain thorough records for AR and AP, ensuring accuracy in aging reports and reconciliations.
• Manage AP schedules and prioritize payments based on cash flow.
• Formulate strategies to streamline AR and AP procedures.

Inventory Management:

• Manage the accounting of inventory to guarantee accurate tracking and valuation.
• Collaborate with operations and supply chain teams for precise inventory counts and reconciliations.
• Reconcile physical and financial inventory records and assess monthly changes. Identify potential stock obsolescence and define provisions accordingly.
• Uphold internal controls to protect inventory and ensure reliable financial reporting.

Monthly Closing:

• Manage the creation and analysis of financial statements on a monthly, quarterly, and annual basis.
• Document the closing processes and maintain records in a centralized folder.
• Ensure the timely and accurate publication of financial outcomes, including balance sheets, profit and loss statements, and cash flow statements.

Reconciliation & Analysis:

• Develop financial dashboards and KPIs to monitor fiscal health and operational performance.
• Conduct variance analysis to explain differences from previous periods and provide actionable insights.
• Work closely with the Group Senior Director of Finance to ensure that monthly management accounts align with IFRS audited accounts.
• Prepare detailed financial analysis for each entity, supporting strategic decisions with profitability, cost, and trend analysis.
• Coordinate with various departments to ensure comprehensive financial reporting.
• Present financial findings and strategic recommendations to senior management and board members.

Tax Management:

• Coordinate with tax advisors on the filing and timely payment of various taxes (VAT, corporate tax, etc.) for each legal entity.

Consolidated Accounts Management:

• Oversee the consolidation of financial statements across multiple entities.
• Ensure accurate intercompany reconciliations and compliance with financial reporting standards.
• Prepare consolidated financial reports for both internal and external stakeholders.
• Manage intercompany transactions and eliminations in accordance with transfer pricing policies.

Compliance and Control:

• Ensure adherence to GAAP, IFRS, and other applicable regulations.
• Maintain robust internal controls to protect company assets and uphold financial accuracy.
• Oversee external audit processes.

Strategic Financial Planning:

• Collaborate with the CFO and senior leadership to formulate and execute financial strategies.
• Provide financial insights for mergers, acquisitions, and strategic projects.

Process Improvement:

• Identify and execute enhancements to improve accounting operations' efficiency.
• Keep abreast of industry trends and adopt best practices.
• Maintain documentation and standard operating procedures for accounting activities.

Technology and Systems:

• Manage the upkeep and integration of accounting software and systems.
• Ensure effective use of technology in financial tasks, incorporating automated workflows and data analysis tools.
• Evaluate and implement advanced accounting technologies to boost efficiency.
• Partner with IT to maintain data security within financial systems.
• Provide training and support to the accounting team on software use and best practices.
• Monitor system performance and address user feedback to optimize functionality.

Requirements:

• Certified Chartered Accountant with over 10 years of experience required.
• Must have experience managing multiple legal entities with international exposure.
• Demonstrated leadership skills with a strong focus on team values.
• Experience in the FMCG sector is preferred.
• Excellent interpersonal skills to maintain strong relationships both internally and externally.
• Advanced communication skills essential.

Benefits

Our Benefits & Perks:

• Monthly "Self-Love Days" - at company discretion
• Premium Medical/Dental/Vision coverage for employee plus dependents
• Monthly coaching sessions with our in-house Success Coach
• Employee discounts on all Huda Beauty and Kayali products
• Quarterly product gifting

•Huda Beauty is committed to building diverse and inclusive teams and upholding an equal employment workplace that is free from discrimination. We hire stellar individuals regardless of their race, color, ancestry, religion, gender identity, national origin, sexual orientation, age, marital status, medical conditions, disability, or veteran status. If you need reasonable accommodations at any point in the application or interview process, please let us know.•