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: Huda Beauty is looking for a stellar Payables Accountant to join our Finance team in Dubai. The Payables Accountant will lead on handling inventory and non-inventory invoice reconciliation, reporting and invoice booking. They will be an integral part of the Finance function and will help drive efficiency in invoice processing and reporting. A natural cross-functional collaborator who will work in close alignment with various other departments. This role reports into the Senior Accountant.
Essential Duties and Responsibilities:
Vendor Management:
- Oversee the vendor creation process by checking all documentation and approvals required for creating new vendors in the ERP system.
- Maintain and update Vendor Master Data regularly to ensure accuracy and compliance.
Invoice Processing:
- Process all inventory and non-inventory invoices, including both Purchase Order (PO) and Non-PO invoices.
- Complete all inventory invoices and pre-payment invoices, ensuring accurate entries in the ERP system, and reconcile them before month-end.
Reporting and Reconciliation:
- Generate and reconcile monthly reports, including vendor aging reports and monthly statements of account (SOA) from vendors to check for open POs and outstanding invoices.
- Conduct weekly and monthly reconciliations of SOA from vendors to ensure accurate payable figures in the accounts.
- Prepare month-end Vendor Aging Report and track the percentage of overdue days by vendor.
Expense Management:
- Timely and accurately verify, record, and reconcile employee payables across different entities.
- Record and reconcile corporate credit card statements and employee expenses on a timely interval.
Payment Processing:
- Ensure that all booked invoices due are settled according to the payment plan established by the Treasury department.
- Provide forecasting of payments for cash flow analysis.
Filing and Documentation:
- Maintain organized filing systems for all invoices.
- Update and maintain monthly schedules for prepayments and fixed assets.
Audit Assistance:
- Assist in auditing processes related to accounts payable to ensure compliance with company policies and procedures.
- Close inventory open POs on a monthly or quarterly basis as needed.
Requirements:
- Bachelor's degree in Accounting, Finance, or a related field preferred
- Proven experience in accounts payable or a similar financial role
- 3-5 Years experience in handling Accounting and reporting
- Performs work with less supervision and independently
- Great mix of analytical, strategic, and creative ability
- Self-starter with a strong ability to multitask various projects
- Problem solving and problem analysis skills
- Positive, roll-up-your-sleeves mentality to get the job done
- Strong communicator, ready to lead projects & present to senior management
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, Wishful, 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.
