Director of Finance & Accounting

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 and not profit, this 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:The Director of Finance & Accounting will lead the Finance team in Dubai, overseeing all accounting operations across multiple international entities and collaborating with senior management to ensure precise, audited Financial Statements in line with global standards and regulations. This role requires global accounting expertise and proven experience driving finance team transformation, including through AI adoption and change management.

Essential Duties and Responsibilities:

Leadership and Management:

• Direct and oversee the accounting team, providing leadership, training, and performance reviews.
• Foster a collaborative, high-performance culture focused on accountability and continuous improvement.
• Enhance team capabilities and efficiency through the development of automated reporting, KPIs, and controls in collaboration with IT, leveraging AI and other innovative tools to streamline processes and enable the team to focus 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 controlling 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.
• Oversee monthly closing processes for each legal entity, ensuring compliance with relevant financial reporting standards.

Reconciliation & Analysis:

• Develop financial dashboards and KPIs to monitor fiscal health and operational performance for each legal entity.
• Conduct variance analysis to explain differences from previous periods and provide actionable insights.
• Work closely with the Senior Controller to ensure that the monthly management accounts align with IFRS audited accounts.
• Prepare detailed financial analysis for each entity, supporting strategic decisions with profitability, cost, trend analysis, and cash management in collaboration with the group treasurer.
• Present financial findings and strategic recommendations to senior management and board members.

Tax Management:

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

Statutory Accounts Management:

• Review each legal entity monthly to ensure profitability is following the transfer pricing policy and propose corrective action

Consolidated Accounts Management:

• Oversee the consolidation of financial statements across multiple entities.
• Ensure accurate intercompany reconciliations and compliance with financial reporting standards.
• Prepare…